Hello Friends,
Stock Market Technical Views :
Nifty managed to close at 2925 levels after opening gap down due to global cues. Still Nifty is facing stiff resistance at 2950 levels & if we manage to close above this for few days then we may see good upside in markets. The major support for spot Nifty on closing basis is 2855 which used to previous resistances for markets.
Niftiee Intra day levels :
Close 2925
Supports : 2910 / 2880 / 2855
Resistances : 2955 / 2990 / 3030
IIP data will be released tomorrow & which is expected to come better & this may prove +ve trigger for the markets in short term. Also Rail Budgets & Interim Fin Budget wil be announced & expectations with the same may help markets to stable around here or even up move may come.
Sectors sensitive to Budget will see some good momemtum in short term. But there is pure speculation view about these sectors as when people wil come to know such news they may be the last members to buy out these stocks. So better play ur cards well else you may be the last person to enter when the GAME is OVER.
Gold Technical Views :
2 day if Gold sustains above $920 & In Mcx above 14400 then +ve. If closes above these levels then highly +ve. We may soon see levels of 14800 - 15200 - 15500 , The immediate support would be 14200 - 14000.
Silver Technical Views :
2day if Silver sustains & closes above 20800 then we may soon see 21200-21500 & even higher levels. Supports seen for Silver is around 20500-20600.
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PROVISIONAL FUND FLOW FIGURES IN RUPEES CRORES FOR 11 FEB 2009
Fii -35
Dii -75
Fii (Derivatives ) -233 ( Net )
Index Futures +20
Index Options +5
Stock Futures -271
Stock Options +13
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Regards,
Allies Financial Services
Mumbai, India
Website : http://www.AlliesFin.BlogSpot.Com/
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