Market Views for 31 July 2009

Hello Friends,



NifTiee Close 4571
Supports : 4545 / 4515 / 4488
Resistances : 4595 / 4625 / 4646


Markets remained less Volatile on the day of expiry as ahead Expiry big moves were seen in the last 2 days more on A/c of Chinese Evacuation. Anyways Chinese mkts recovered too & our Indian Markets also came out from the blip.


These days we are watching that old economy stocks/ sectors are back in action like I.T / FMCG / Auto etc leaving behind the current bull sectors like Infra & R Pack. Yesterday markets were up 200 points but R Pack stocks were either flat or -ve. This kind of things happens in very rare case as we understand that these stocks are now news based & become volaitle on rumoric effect.


Nifty has made multiple top near 4600 levels crossing above these levels for 2 to days can take markets to test recent highs & even make new highs for the year. Above recent high the levels the levels we see the markets can test immediately is 4750 - 4820 but only strong volumes & breakouts above recent highs can make this things possible. At every higher levels some Bears will come out & give you some sell strategy with saying that " 1 day markets will come down " & this line every dumb knows that any day in a week / month markets can come down on profit booking. This days are winning days for Bears in Bull run & they celebrate, rest you know better as this may not occur all the time. Anyways take your wise decisions do not get carried away with all such euphoria's as its ALL ABOUT YOUR MONEY, HONEY ;-)



Provisional Fund Flow Figure Rupees Crores for 30 July 2009 :


Fii +367
Dii -287
Fii (Derivatives) -339
Index Futures -151
Index Options -238
Stock Futures -2
Stock Options +51



ADANI POWER IPO LAST DAY TODAY. ( This if just for info only ).

Good Day



Regards,

Allies Financial Services
Mumbai, India

Website : www.AlliesFin.BlogSpot.Com

Market View for 23 July 2009

Hello Friends,

NifTiee Close 4399
Supports : 4380 / 4343 / 4313
Resistances : 4422 / 4444 / 4488

Markets retraced from resistance level of 4545 as updated yesterday & also managed to find support near 4384, Nifty spot made low of 4380 & bounced back upto 4410-4420 but averaged out at 4399 levels.

Still markets are finding tough to close above 4488 levels. As expected Bears wanted correction of 150-200 points on Nifty on Eclipse day & the same has been achieved today from today top of 4555 to 4380. Many people in last few days was spreading such rumors about this correction in markets to make them happy this short term profit booking was expected & hence we alerted this two days back. What ever the news may be try to follow above Nifty levels & trend for markets.

Tomorrow we may see some positive opening in markets & some momemtum buying may come if 1st & 2nd resistance levels mentioned above are crossed else at higher levels profit booking may come or sell on rise could be the key.

Many times alerts are even sent through Sms or by email to members. To Register your email id & mobile nos visit http://www.alliesfin.blogspot.com/ & register Email id under NEWSLETTERS section & Mobile nos under SMS section. Dont worry its free of cost & registration will remain confidential.

Provisional Fund Flow Figures Rupees Crores for 22 July 2009

Fii +67
Dii -225
Fii(derivatives)-451
Index Futures -509
Index Options +462
Stock Futures -402
Stock Options -3

NOTE : Inflation nos will be out & some Govt sources said that they are reviewing Inflation Price Index as the base is not proper to count inflation & the nos we get are not accurate. so soon they may come with Consumer Price Index (CPI) as base instead of Wholesale Price Index (WPI) or may add many new items in CPI.

Good Day

Regards,

Allies Financial Services
Mumbai, India
Website : http://www.alliesfin.blogspot.com/

Market Views For 22 July 2009

Hello Friends,

NifTiee Close 4469
Supports : 4444 / 4404 / 4384
Resistances : 4494 / 4525 / 4545

Markets yesterday managed to close below 4488 levels, A Tug of War was seen between Bulls & Bears around these levels. Last time we hinted that if we close above 4488 for minimum 2 days then markets are headed towards recent high. But the condition is not fulfilled as on Monday it managed to close above 4488 at 4505 but on Tuesday it closed at 4469. Close is nearby to 4488 levels so tomorrows first half hour of trading levels can play important role.

Markets may turn volatile near major resistance zones as Short Sellers everyday come out & start shorting heavily but end of day they are trapped which happened in last many days. They say Markets Overbought etc etc etc , but our Question is that Cant Markets Stay in Overbought zone in few days or months ????? Also one day bears are going to win so that time people must party with them as after so many days they managed to bring markets down.

Provisional Fund Flow Figure in Rupees Crores for 21 July 2009

Fii -251
Dii -7
Fii(derivatives) -514
Index Future +321
Index Options -451
Stock Futures -391
Stock Options +8

Good Day

Regards,

Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com

Market View for 20 July 2009

Hello Friends,

NifTiee Close 4375
Supports : 4343 / 4310 / 4255
Resistances : 4404 / 4444 / 4488

As anticipated last week Nifty Close above 4310 is headed towards 4422 - 4444 levels. At these levels we expect some profit booking here. These are the levels from where the markets retraced by 2 to 3 times. So at this time we expect the same from here, but the impact may be not be as the same as we saw the fall last time upto 3900.

But if the markets manages to close above 4488 then we markets may test previous tops & may go even higher. The crossesponding levels for Sensex can be placed at 15000 - 15100. Close above 4488 - 15100 can bring positive surprises in the markets. Finance Ministry has found out possible candidates for Disinvestments like NMDC, MMTC, Hind Copper ( listes Cos ) & Among unlisted cos are Manganese ore etcc. Also Govt have decided to come up with Ipo of NHPC for raising 2500 Crores only & the same is expected to open in 1st or 2nd week of August.

Also the Ministry will get some funds from Telecom cos from 3G & 4G Auction & the same amount can be around 25k Crores to 40k Crores only. Amongst the expenses the Govt have alloted 1 Lac Crores only for highway developments projects, we must see that how much amount will go for real development despite Corruptions. More & More money has been alloted to road developments projects by the Quality of the projects are not so good. Also an Commitee has been formed by the Govt which will look after all the projects & the funds allocated & also the Quality of the Projects along with future maintence of the roads, this is highly positive step to lift the quality of Work done.

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PROVISIONAL FUND FLOW FIGURE RUPEES CRORES FOR 17 JULY 2009

Fii +142
Dii +535
Fii(Derivatives) +85
Index Futures +692
Index Options -331
Stock Futures -272
Stock Options -4

Good Day

Regards,

Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com

Market Views for 17 July 2009

Hello Friends,

NiftTiee Close 4231
Supports : 4201 / 4171/ 4141
Resistances : 4283 / 4303 / 4343

Nifty has trendline resistances near 4300 - 4310 lvls.

Also 50% Retracements levels 3900 - 4700 current rally are near 4300-4310.

From 3900 to 4300 : 10% gain in Nifty Indices in just 4 trading sessions hints some profit booking which we saw yesterday with highly volatile session & traders may burn hands if some wrong trades are being initiated.

If markets manage to close above 4310 then we can see 4422 - 4488 - 4545 & even higher levels. But remember close is important for minimum 2 - 3 trading sessions above 4310. The current rally have strong support zone near 4100 - 4141 levels.

Imp Note : We remember that in March 2009 Tata's come up with NCD with cuopn rate of 11% to 12% & people rushed to it as markets were falling & they wanted safe bets to park their investments. This proved to b FASHION in NCD segments as after success of this many cos came up with such offering like MnM grp, Wadia grp etc but did not get enough success.
Then we got series of QIP's with lot many cos coming to raise funds for working capital, fund growth, repay debt etc.... only few got successfull.
This time a Fashion of IPO's will come up again & only few with get successfull & after watch one's success many small & mid size cos may come up to raise funds without proper fundamentals. So take care while betting your Capital in such IPO's. Hope you understood the moral of this short updates.

Provisional Fund Flow Figures Rupees Crores for 16 July 2009

Fii +32
Dii -35
Fii(derivatives) -168
Index Futures +114
Index Options -278
Stock Futures -11
Stock Options +8

Good Day

Regards,

Allies Financial Services
Mumbai, India

Website : www.AlliesFin.BlogSpot.Com

Market Views for 15 July 2009

Hello Friends,

Nifty hits 1st Tg 4100 as updated yesterday. Next is set at 4200.

NifTiee Close 4111
Supports : 4095 / 4075 / 4040
Resistance : 4141 / 4171 / 4211

Also we have updated about Goldman Sachs results in U.S & it has come inline with our estimates that it will come above market expectations. Still many results wil be out this week Like Google, Citi, JP Morgan etc........ Goldman results can provide some boost to Financial Sector.

PROVISIONAL FUND FLOW FIGURE RUPEES CRORES FOR 14 JULY 2009

FII +87
DII +200
FII (DERIVATIVES) +1280
INDEX FUTURES +558
INDEX OPTION -35
STOCK FUTURES +753
STOCK OPTIONS +3

Good Day

Regards,

Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com

Market Views For 14 July 2009

Hello Friends,

After many days or long time.

ELECTION GAINS = BUDGET PAINS.

We are almost 800 points down from the recent high from 4700 to 3900 levels. Post Elections we saw a some value buying in markets where are got 2 consecutive circuits & it was almost a 1 way rally from 3700 to 4700 levels. This was in anticipation that the Govt this time elected was good & they will go ahead with all the reforms.

This is true that the Govt now has power to do all the things in the Reforms Agenda but the markets did a mistake here that is it expected so many things pre budget that if its no tommorow. Remember this is 8 months budget & we wil another Budget in Feb-March 2010 & the Govt here makes programmes for 5 years. But markets need all those stuffs in 1 month only. Hows that possible ? Anyways markets are now at 3900 odd levels discounting the post budget pains.

NifTiee Close 3974
Supports : 3939 / 3919 / 3883
Resistances : 4040 / 4095 / 4141

Nifty after testing intra low of 3918 bounced back sharply upto 3984 & managed to close at 3974. Remember 3980 is the level when Nifty opened Gap up immediately after election results were out & on Monday. So this level can prove some kind of support to the markets & we may expect some dead cat bounce in the markets upto 4100-4200 levels. The immediate support can be placed around 3880-3900 levels & trail sl once markets heads towards 4100-4200 levels.

Are You Member of our Email Groups, if not then register your email id on http://www.alliesfin.blogspot.com/ & get Newsletters, Reports etc directly in your mail box.

This week we have some important results in U.S markets like Goldman Sachs, J.P Morgan, Google, Citi etc... We expect some positive results from many of these companies & if this happens then we may see all round positive news flow round the world for the week. Next week we have important results in Indian Biggies like Ril, Tcs, etc... so next week may be crucial for our markets too.

Monsoon updates : It would be normal in India but in % terms it would be some what lesser as it has been delayed in June month. So if out of 100% it use to rain around 96% then this time it would be 93%. There would be just short fall by 3% & if u like to panic due to this then we would not seen such Intelligent people. You can compare this with a GLASS FILLED 93% & UNFILLED BY 7% , so will you cry with deficit of 7% or be happy with 93%.

PROVISIONAL FUND FLOW FIGURES RUPEES CRORES FOR 13 JULY 2009.

Fii -559
Dii +742
Fii(derivatives) +225
Index Futures -272
Index Options +186
Stock Futures +314
Stock Options -3
Market Volumes 67k Crores only.

Good Day

Regards,

Allies Financial Services
Mumbai, India

Website : www.alliesfin.blogspot.com

Circuit Filter List 06 July 2009

Hello Friends,

Circuit Filter list as updated by exchanges, CLICK on this link to get the file.

Good Day

Regards,

Allies Financial Services
Mumbai, India

Website : www.AlliesFin.BlogSpot.Com

Market View For 1st July 2009

Hello Friends,

Nifty Close 4291
Supports 4272 / 4242 / 4212
Resistances 4313 / 4343 / 4373
Shares Bought Yesterday in Cash Can not be Sold 2day on A/c of RBI Closing, a Holiday.

Provisional Fund Flow Figures Rupees Crores for 30 June 2009
Fii +108
Dii +198
Fii(deri)-938
IF -584
IO -60
SF -303
SO +9

Nifty have important resitance near 4422-4444 as updating since many days to our sms group members. In last two days it retraced from this levels. Last week we asked Clients / Brokers / Advisors to get ready to face the PRE Budget Volatility !!! In 1st 2 sessions of week it proved highly volatile & hope people reading updates must have benefitted.

!~! Good Day !~!

Regards,

Allies Financial Services
Mumbai, India

Website : www.AlliesFin.BlogSpot.Com/

Email Group : Groups.Google.Com/Group/AlliesFin