Market View 10 October 2007

SENSEX PARTIES ON ACCOUNT OF POLITICAL SANDWICH

A highly cautious session but at last THE WINNER IS THE BULL. A high political drama has been created to help bears grip the markets but they also know that when there are strong Fii flows & Ambani brothers when are in charge with markets then there are very less reasons for markets to enter in bear phase.

Nifty intra day levels :
Close : 5327
Supports : 5220 5140
Resistances : 5440 , 5500

Nifty is heading towards 5500 & sensex 19000

OUR ALL TIME FAVORITES RELIANCE PACK STILL WILL

Technical Calls :

Buy Adani enterprises heading towards 1000 ( recomended price : 600 ) cmp 720

Buy Core projects cmp 199 , tg 225 & 240 in short term.

Buy Torrent power cmp 131 sl 120 tg 160 - 165 short term

Buy Bharti airtel cmp 1040 sl 1027 tg 1060 - 1080 Intra day

Sugar stocks to see some momemtum nw as ethnol mix is allowed @ 10%. top picks : Renuka Sugar, Balrampurchini, Bajaj Hind & Praj inds.

Fundamental stock :

Continue holding shiva cement

TECH STOCKS GIVEN ON OCTOBER 1, 2007 SEE TODAY ALL PRICES & CONTINUE WITH THAT.

LIVE MARKET CALLS ARE UPDATED ON YAHOO & ON CHAT BOX PROVIDED ON THIS WEBSITE.


Good day , happy investing.

Market View 9 October 2007

SELECTION OR ELECTION ?

This is one thing which investor or trader has to decide at this junction. One has to be very selective at current levels which buying any stocks as markets in coming days will be highly volatile. There is huge amount of funds coming in India for investments which will keep the momemtum up but Politics ( election ) our all time hit story for the country & economy is acting as a willan in the movie.

Anyways Investors in India are never at a loss. They are smart enough to ignore the small ups & downs in short term which tempers the momemtum, as they know the growth & fundas for Indian growth story ahead. ( We make our clients to think like this & gain ).

Nifty Intra day levels :
Close : 5085
Supports : 5060 , 5040
Resistances : 5110 , 5125

Technical calls :

Yesterdays Calls :

Buy Purvankara @ 460 sl 440 tg 500+ short term. HITS 490 INTRA DAY

BOOK PROFITS IN OUR SHORT TERM TECHNICAL PICKS

Fundamental Stock :

Shiva cement hold

TECH STOCKS GIVEN ON OCTOBER 1, 2007 SEE TODAY ALL PRICES & CONTINUE WITH THAT.

LIVE MARKET CALLS ARE UPDATED ON YAHOO & ON CHAT BOX PROVIDED ON THIS WEBSITE.

Today the markets wil seen some bounce but this bounce would act as an rally to book profits & stay for lower levels for buying around 16000 - 16500 levels.

GOOD DAY , HAPPY INVESTING

Market View 8 October 2007

18000 LVLS BREACHING TODAY

Sensex to cross 18000 lvls today & can go upto 18100 - 18200. On account of strong global cues good U.S. data markets to open firm.

Nifty Intra day Levels :

Close : 5186
Supports : 5164 , 5143
Resistances : 5208 , 5230

Technical calls :

Reliance pack our all time hit calls to be continued. Specially Rcom could be better.

Buy Purvankara @ 460 sl 440 tg 500+ short term.

Continue with our previous calls :

Aksh opti fibre
Core projects
Adani enterprises
Nirlon
Spice tele

Fundamental Stock :

Shiva cement hold, call initiated @ 9.5 cmp 13 tg ( for clients only )

TECH STOCKS GIVEN ON OCTOBER 1, 2007 SEE TODAY ALL PRICES & CONTINUE WITH THAT.

MARKETS TO OPEN FIRM ON ACCOUNT OF GLOBAL CUES BUT MAY COME DOWN DUE TO SOME POLITICAL REASONS. SO ITS QUIET ADVISABLE TO USE THIS RALLIES TO BOOK PROFITS.

LIVE MARKET CALLS ARE UPDATED ON YAHOO & ON CHAT BOX PROVIDED ON THIS WEBSITE.

GOOD DAY AHEAD , HAPPY INVESTING.

Market View 5 October 2007

CAUTION LEVELS SOON

AFTER A CONSOLIDATION STAGE WE SAW SOME LATE BUYING IN SENSEX STOCKS & MARKET RECOVERED FROM LOW OF 17500 LVLS & CLOSED AT 17777 LVLS. BANKING STOCKS SAW SOME PROFIT TAKEING & LATER ON RECOVERED. FOR FRESH HIGHS MARKETS NEED TO CLOSE ABV 18000 LVLS.

AS WE CAN SEE ON IDIOT BOX ( TELEVISION ) ALL PEOPLE ARE TALKING ABOUT 20000 & 40000 LVLS SO SMART PEOPLE SHOULD UNDERSTAND THAT ONE SHOULD BOOK PROFIT & WAIT FOR FRESH BUYING TRIGGERS. THIS IS THE SAME SITUATION WHEN MARKETS WERE @ 14000 & THIS GR8 PEOPLE WERE TALKING ABOUT 10000 LVLS SOON & TODAY ALL THESE PEOPLE ARE TALKING ABOUT 20000 , YEAH KAY HO RAHA HAI INDIAN ANALYST LOGO KA?????????????????????? OR ARE THESE PEOPLE PUPPETS.

YESTERDAY CALLS UPDATES :

AKSH OPTI FIBRE CMP 54 SL 48 TG 62 - 64 & ANY CLOSE ABV THAT THEN TG 75 - 80 SHORT TERM. Locked @ 56.9 & hold for tg

TATA ELXSI CMP 315 BUY ABV 320 SL 300 TG 360 - 380 SHORT TERM. Call not initiated as 320 lvls not crossed.

ADANI ENTERPRISES AN HIGH RISK COUNTER CMP 650 HEADING TOWARDS 1000 & NEWS EXPECTED OF IPO OF THE SAME GROUP. Just rose by 5% intra day.

NIRLON BUY ABV 83 SL 77 TG 92 - 95 SHORT TERM. Made high of 88 intra day.

CORE PROJECTS BUY : CMP 188 SL 170 TG 210 - 215. Made high of 202 intraday.

SPICE TELE BUY : CMP 60 SL 56 TG 66 - 70 SHORT TERM. Hold for tg.

NO FRESH CALLS AS WHEN OUR OLD CALLS ARE PERFORMING THEN NO FRESH CALLS TODAY.

HOLD RELIANCE PACK AS STILL MORE TO COME OUT OF THAT.

WE WOULD LIKE TO ADVISE TO BOOK PROFITS IN THE STOCKS WHERE U GET MORE THEN 20 % & HIGHER RETURNS. PROFIT BOOKING IS ALSO IMPORTANT & TAKE THAT MONIES HOME AS UNLESS U BOOK PROFITS ALL MONEIS ARE ON PAPERS ONLY. ELSE YOU WIL BE NEVER BE ABLE TO SELL THAT STOCK IN CASE OF GREED.

WE ARE NOW AT HIGHLY OVERBOUGHT ZONE & OUR ADVISE IS TO BOOK PROFITS & NO SHORT SELLING. PLEASE DO NOT SHORT SELL BUT TO BOOK PROFITS.

LIVE MARKET CALLS ARE UPDATED ON YAHOO & ON CHAT BOX PROVIDED ON THIS WEBSITE.

GOOD DAY, HAPPY INVESTING

Market View 4 October 2007

ELECTRIFYING SESSION

Yesterday on 3 October 2007 we saw a highly volatile & electrifying session as there was more then 2500 points movements on the Sensex indices. We opened on a strong note with more then 400 points up & went upto 600 points up & all of a sudden we saw -ve 50 points from 600 up & then again 550 points. What a rollercoaster session was there. Atlast we ended +ve with more then 500 points up.

Here is the follow up of our earlier calls posted on this blog in last two days only :

Technical Picks :

Dlf UP BY 16 % IN A DAY
Nagarjuna Construction : UP BY 12 % IN A DAY
Unitech : UP BY 5 % IN A DAY
Grasim
Dish Tv
Acc
Hfcl
TTML
REST ABV ALL RANGE BOUND STOCK

INTRA-DAY CALL BUY : BUY ICICI BANK @ 1052 SL 1037 TGT 1083 Tg achieved intra day.

Funda Pick : Shiva cement closed @ 13.34 lvls. Call initiated @ 9.5 on friday 29 September 2007.

ALSO CHECK CALLS ON http://alliesfin.blogspot.com/2007/09/market-view-1-october-2007.html

TECH STOCKS GIVEN ON OCTOBER 1, 2007 SEE TODAY ALL PRICES & CONTINUE WITH THAT.

FRESH TECHNICAL PICKS :

AKSH OPTI FIBRE CMP 54 SL 48 TG 62 - 64 & ANY CLOSE ABV THAT THEN TG 75 - 80 SHORT TERM.

TATA ELXSI CMP 315 BUY ABV 320 SL 300 TG 360 - 380 SHORT TERM.

ADANI ENTERPRISES AN HIGH RISK COUNTER CMP 650 HEADING TOWARDS 1000 & NEWS EXPECTED OF IPO OF THE SAME GROUP.

NIRLON BUY ABV 83 SL 77 TG 92 - 95 SHORT TERM

CORE PROJECTS BUY : CMP 188 SL 170 TG 210 - 215 SHORT TERM

SPICE TELE BUY : CMP 60 SL 56 TG 66 - 70 SHORT TERM

MEDIA SECTOR IS WITNESSING FRESH BUYING & AN REPORT HAS COME ON THAT. STOCKS LIKE GBN, TV 18 ETC ARE BEING INCLUDED IN THAT.

CONTINUE WITH OUR RELIANCE PACK AS STIL FURTHER RALLIES WIL COME FROM CURRENT PRICES & WE CAN SEE THAT THESE STOCKS WIL LEAD INDICES TO NEW HIGHS & EVEN HIGHER ZONES.

TOMORROW WE EXPECT THE RALLY TO CONTINUE WITH ANOTHER 300 TO 400 POINTS UP IN SENSEX, SENSEX MAY CROSS 18000 LVLS SOON & CAN SEE 18200 - 18300 LVLS.

LIVE MARKET CALLS ARE UPDATED ON YAHOO & ON CHAT BOX PROVIDED ON THIS WEBSITE.

GOOD DAY AHEAD , HAPPY INVESTING.

Market View 3 October 2007

A NEW HIGH EVERYDAY

Markets are in highly euphoric stage by neglecting many negative factors. Anyways we are all in highly overbought zone but who cares if our stocks are running & giving mindblowing returns then we should be least bothered.

Today We can see again a fresh high.

Our RELIANCE PACK STILL looks better & one can still hold that stocks for short term

NIFTY INTRADAY LEVELS :
CLOSE : 5067
SUPPORTS : 5045 , 5000
RESISTANCES : 5080, 5120

Technical Picks :

Dlf
Nagarjuna Construction
Unitech
Grasim
Dish Tv
Acc
Hfcl
TTML

INTRA-DAY CALL BUY : BUY ICICI BANK @ 1052 SL 1037 TGT 1083

FUNDA PICK :

SHIVA CEMENT LOCKED @ UPPER @ 11.23, RECOMENDED @ 9.5 LAST FRIDAY. STILL LOOK BETTER FOR 15 - 16 LVLS

TODAY MARKETS WIL BE OPNE UP BY MORE THEN 300 POINTS & CAN TOUCH 17600 - 17700 LVLS.

GOOD DAY , HAPPY INVESTING

HEY RAM -- HAPPY GANDHI JAYANTI

A tribute to our Bapu.....









Mohandas Karamchand Gandhi, Mahatma Gandhi, the apostle of peace and the Father of the Nation was born on 2nd October 1869 at Porbandar in Gujarat. Gandhi Jayanti is celebrated on the very day every year as the birthday of Mahatma Gandhi, Father of India. In his autobiography My experiments with Truth Gandhi recalls that his childhood and teen age years were characterised by education in a local school, marriage to Kasturba at the age of 13 and an intrinsic love for 'truth' and 'duty'.




Born Mohandas Karamchand Gandhi October 2, 1869 , Porbandar, Gujarat, India

Died January 30, 1948New Delhi, India

The object of this massive tribute, died as he always lived, private man without wealth, without property, without official title or office Mahatma Gandhi was not the commander of armies nor a ruler of vast lands, he could not bold any scientific achievement or artistic gift, yet man, governments, dignitaries from all round the world have joined hands to pay homage to this little brown man in loin clothes, who lead his country to freedom. In the words of General George C marshal, American secretary of state " Mahatma Gandhi has become the spokesman of conscience of all man kind", he was a man who made humility and simple truth more powerful than empires and Albert Einstein added "Generations to come will scars believe that such one as this ever in flesh and blood walked upon this earth". (from the movie "Gandhi")

Mahatma Gandhi, was the charismatic leader who brought the cause of India's independence from British colonial rule to world attention. He powerfully demonstrated his philosophy of non-violence, for which he coined the term satyagraha, as one of the most powerful tools uniquely available to the masses for lasting peace.

By means of non-violent civil disobedience, an idea he developed from the teachings of Leo Tolstoy and Henry David Thoreau, Gandhi helped bring about India's independence from British rule. This inspired other colonial peoples to work for their own independence, ultimately dismantling the British Empire and replacing it with the Commonwealth of Nations. Gandhi's principle of satyagraha (from Sanskrit satya: truth, and agraha: request "a justified demand"), often translated as "way of truth" or "pursuit of truth", has inspired other democratic activists, including Martin Luther King, Jr.. He often said that his values were simple; drawn from traditional Hindu beliefs: truth (satya), and non-violence (ahimsa).

Top 10 Quotations

Religion - a Matter of the Heart: "True religion is not a narrow dogma. It is not external observance. It is faith in God and living in the presence of God. It means faith in a future life, in truth and Ahimsa…. Religion is a matter of the heart. No physical inconvenience can warrant abandonment of one's own religion."

Belief in Hinduism (Sanatana Dharma): "I call myself a Sanatani Hindu, because I believe in the Vedas, the Upanishads, the Puranas, and all that goes by the name of Hindu scripture, and therefore in avataras and rebirth; I believe in the varnashrama dharma in a sense, in my opinion strictly Vedic but not in its presently popular crude sense; I believe in the protection of cow … I do not disbelieve in murti puja." (Young India: June 10, 1921)

The Teachings of the Gita: "Hinduism as I know it entirely satisfies my soul, fills my whole being … When doubts haunt me, when disappointments stare me in the face, and when I see not one ray of light on the horizon, I turn to the Bhagavad Gita, and find a verse to comfort me; and I immediately begin to smile in the midst of overwhelming sorrow. My life has been full of tragedies and if they have not left any visible and indelible effect on me, I owe it to the teachings of the Bhagavad Gita." (Young India: June 8, 1925)

Seeking God: "I worship God as Truth only. I have not yet found Him, but I am seeking after Him. I am prepared to sacrifice the things dearest to me in pursuit of this quest. Even if the sacrifice demanded my very life, I hope I may be prepared to give it.

The Future of Religions: No religion which is narrow and which cannot satisfy the test of reason, will survive the coming reconstruction of society in which the values will have changed and character, not possession of wealth, title or birth will be the test of merit.

Faith in God: "Everyone has faith in God though everyone does not know it. For everyone has faith in himself and that multiplied to the nth degree is God. The sum total of all that lives is God. We may not be God, but we are of God, even as a little drop of water is of the ocean."

God is Strength: "Who am I? I have no strength save what God gives me. I have no authority over my countrymen save the pure moral. If He holds me to be a pure instrument for the spread of non-violence in place of the awful violence now ruling the earth, He will give me the strength and show me the way. My greatest weapon is mute prayer. The cause of peace is therefore, in God's good hands."

Christ - a Great Teacher: "I regard Jesus as a great teacher of humanity, but I do not regard him as the only begotten son of God. That epithet in its material interpretation is quite unacceptable. Metaphorically we are all sons of God, but for each of us there may be different sons of God in a special sense. Thus for me Chaitanya may be the only begotten son of God … God cannot be the exclusive Father and I cannot ascribe exclusive divinity to Jesus." (Harijan: June 3, 1937)

No Conversion, Please: "I believe that there is no such thing as conversion from one faith to another in the accepted sense of the word. It is a highly personal matter for the individual and his God. I may not have any design upon my neighbour as to his faith, which I must honour even as I honour my own. Having reverently studied the scriptures of the world I could no more think of asking a Christian or a Musalman, or a Parsi or a Jew to change his faith than I would think of changing my own." (Harijan: September 9, 1935)

All Religions are True: "I came to the conclusion long ago … that all religions were true and also that all had some error in them, and whilst I hold by my own, I should hold others as dear as Hinduism. So we can only pray, if we are Hindus, not that a Christian should become a Hindu … But our innermost prayer should be a Hindu should be a better Hindu, a Muslim a better Muslim, a Christian a better Christian." (Young India: January 19, 1928)