Friday 29 May 2009

Market View For 29 May 2009

Hello Friends,



Sensex EOD Chart 28 May 2009 :




As updated in our last post on our website www.AlliesFin.BlogSpot.Com that Markets are at crucial Gap support & there are higher chances of Bounce from this levels. The same happened in the last two days & Sensex is up by 800 points only from 13500 to 14300.

Markets are in strong mometum now & can can go even higher if Sensex manages to close above 14444 for target of 14800 & 15300. But do remember that close above 14444 is important for minimum 2 to 3 days. If markets do not sustain higher levels then profit booking can come in many Index & F&O stocks which we asked to buy 2 days back ahead expiry.

NifTiee Intra day levels :
Close : 4337
Supports : 4310 / 4281 / 4242
Resistances : 4370 / 4411 / 4444


Provisional Fund Flow Figure Rs Crores for 28 May 2009

Fii +1860
Dii -451
Fii (derivatives) -730
OI dn from 78k to 48k
Options Exercised 4.6k
Options Assigned 2.6k
Index Futures -813
Index Options +147
Stock Futures -112
Stock Options +48


Crude is rising & is trading around $64 / Bbl, this can be a cause of concern for rising global markets & the media may start panicing due to this factor. Also the Indian Crude basket hits 6 month high of $61 & inflation may start rising soon. People who are Futures players can buy Inflation Futures ( jst a Joke ) @ 0.61% sl 0.10% tg 3 to 4% till year end. If this rises then softening of Interest rates wil not happen & after some time it may lead to hike in Lending & Deposit Rates.

Two days back when markets were around 13600-13700 Idiot Box was having only 1 slide for the day which was of Investment Guru : who expects markets to come down to 10000 - 12000 in short term. But after this the markets rallied, so even the Idiot box does not know whats going to happen in the markets as " THE HISTORY OF MARKETS SHOWS THAT THEY ARE ALWAYS GOING TO SURPRISE YOU IN FUTURE "

So if you watch Idiot Box then sooner or later they will help you to panic & change your Investments or Trading Goals / Rules. So its better to trust your own views for markets by doing regular HomeWorks else Consult an Advisor who can help you in Volatile situations.

Good Day

Regards,

Allies Financial Services
Mumbai, India


Website : www.AlliesFin.BlogSpot.Com

Tuesday 26 May 2009

Market Views for 27 May 2009

Hello Friends,

Sensex EOD Chart 26 May 2009



After Gap up opening & Upper Curcuits last Monday after Election Results & People Started chasing stocks like never before as if tommorrow again the Markets are not going to open & they are literally going to miss out from buying, markets since then falling on a/c of profit booking in many large cap stocks & have corrected from 10 to 30% from last weeks highs.

Markets at this junction are very close to important Gap support levels & logically it should bounce from this levels. The key levels have been updated in the Charts itself. But if we manage to close below this key levels then we may see profit booking & may even see panic selling in markets.

So tomorrow is very important day to watch out levels mainly for short term traders & medium term investors.

NifTiee Intra day Levels :
Close : 4117
Supports : 4080 / 4050 / 3980
Resistances : 4141 / 4181/ 4242

Provisional Fund Flow Fig Rupees Crores for 26 May 2009
Fii -197
Dii -138
Fii ( derivatives ) -1250
Index Futures -1246
Index Options +115
Stock Futures -121
Stock Options +2

We expect a +ve markets for tomorrow.
Stocks to watch out will be mainly Index Stocks & R Pack which were laggards since gap up opening last week.

For Stock Specific Intra day calls / news & Short term trading calls join our Premium Clients Group, more details on our website.

Register you Email id on our website & get Newsletters , Reports from our side directly in your mail box.

Regards,

Allies Financial Services
Mumbai, India


Website : www.AlliesFin.BlogSpot.Com

Wednesday 13 May 2009

DLF Bulk Deal

Hello Friends,

Click to Check out DLF Bulk Deal Details & Fii Buy Figs Under Discussion Section

Regards,

Allies Financial Services
Mumbai, India

Friday 1 May 2009

Father - Son - Donkey - Stock Market

Hello Friends,

A Man and his son were once going with their Donkey to market. As they were walking along by its side a countryman passed them and said: "You fools, what is a Donkey for but to ride upon?"So the Man put the Boy on the Donkey and they went on their way.

But soon they passed a group of men, one of whom said: "See that lazy youngster, he lets his father walk while he rides."So the Man ordered his Boy to get off, and got on himself.

But they hadn't gone far when they passed two women, one of whom said to the other: "Shame on that lazy lout to let his poor little son trudge along."Well, the Man didn't know what to do, but at last he took his Boy up before him on the Donkey.

By this time they had come to the town, and the passers-by began to jeer and point at them. The Man stopped and asked what they were scoffing at. The men said:
"Aren't you ashamed of yourself for overloading that poor donkey of yours and your hulking son?"

The Man and Boy got off and tried to think what to do. We all know what was the End.

Good Story when we listen to too many views put forth on daily basis.

This is just to emphasise that to go forward a Stock Trader/ Equity Advisor also has to have his home work done before opening his ears, and finally deciding with his mind.

Regards,

Allies Financial Services
Mumbai, India

Website : www.AlliesFin.BlogSpot.Com

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