Hello Friends,
N i f T i e e intra day levels :
Close 5084
Supports : 5050 / 5025 / 4994
Resistances : 5115 / 5125 / 5151
Nifty closed yesterday very close to our resistance level of 5080 & was the second day to close above 5000 mark. We are witnessing Euphoria / accumlation in stock specific moves & it may intensify even more as updating since last many days.
Due to global cues markets open weak but wil find good supports near lower levels as updated above. Also stock specific approach would be better as still many cos have not participated in the rally.
Provisional Fund Flow Figures Rupees Crores for 30 September 2009 :
Fii +1075
Dii +160
Fii(deri)-304
Index Futures -444
Index Options -341
Stock Futures +488
Stock Options -7
News :
* Auto nos wil be out today : can give intra day gains.
* Inflation nos wil be out today : expected to be +ve territory from weeks of -ve inflation.
* Bharti - Mtn deal called off : +ve for Bharti Airtel stock for Intraday.
* As expected OIL India ipo listed with gains of RS 40-50 or 4-5% and moved higher for 8-10% gains, this may turn a +ve clue for forthoming IPO's.
* Tata Teleservices has signed Tower sharing deal with BSNL, this is the first time that BSNL is sharing towers with Private Telecom Service providers.
* Oberoi / Hiranandani contructions may come up with ipo as many reality developers are in hard need to turn due to slow down since last 1-2 yeras. Also many cos have raised monies through QIP route & as told earlier it has been a fashion to come up with QIP's...
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
Email Group : http://groups.google.com/group/ALLIESFIN
