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

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

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

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

Market Views for 29 April 2009

Hello Friends,

Sensex Daily LOG Chart View 1 :

Sensex Daily LOG Chart View 2 :

Regards,

Allies Financial Services
Mumbai, India

Website : http://www.AlliesFin.BlogSpot.Com/

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

NSE REMOVES 50 STOCKS FROM F&O

NATIONAL STOCK EXCHANGE OF INDIA LTD.
FUTURES & OPTIONS SEGMENT
CIRCULAR

Circular No. NSE/F&O/030/2009 April 21, 2009
Download No: NSE/FAOP/12296

Dear Members,

Exclusion of futures and options contracts in 50 securities

Members are advised to note that based on the stock selection/exclusion criteria as prescribed by SEBI vide circular SEBI/DNPD/CIR-31/2006/ dated September 22, 2006 and NSE circular No NSE/F&O/029/2009 dated April 21, 2009 contracts for new expiry months in the following securities will not be available for trading on expiry of existing contract months.

Sr No
Symbol
Security
1
3IINFOTECH
3i Infotech Limited
2
ALOKTEXT
Alok Industries Limited
3
AMTEKAUTO
Amtek Auto Ltd
4
APTECHT
Aptech Limited
5
ARVIND
Arvind Limited
6
BALAJITELE
Balaji Telefilms Ltd.
7
BALLARPUR
Ballarpur Industries Limited
8
BATAINDIA
Bata India Ltd
9
BIRLACORPN
Birla Corporation Ltd
10
BOMDYEING
Bombay Dyeing & Mfg Co. Ltd
11
CENTRALBK
Central Bank of India
12
DCB
Development Credit Bank Limited
13
EDELWEISS
Edelweiss Capital Limited
14
ESCORTS
Escorts Ltd
15
EVERONN
Everonn Systems India Limited
16
GDL
Gateway Distriparks Limited
17
GITANJALI
Gitanjali Gems Limited
18
GNFC
Gujarat Narmada Valley Fertilizer Co. Ltd.
19
GUJALKALI
Gujarat Alkalies and Chemicals Ltd.
20
HAVELLS
Havells India Limited
21
HCL-INSYS
HCL Infosystems Ltd
22
HINDOILEXP
Hindustan Oil Exploration Co. Ltd
23
IRB
IRB Infrastructure Developers Limited
24
JETAIRWAYS
Jet Airways (India) Ltd.
25
JSL
JSL Limited
26
KESORAMIND
Kesoram Industries Ltd.
27
KSK
KSK Energy Ventures Limited
28
KTKBANK
The Karnataka Bank Limited
29
LAXMIMACH
Lakshmi Machine Works Ltd.
30
MAHLIFE
Mahindra Lifespace Developers Limited
31
MAHSEAMLES
Maharashtra Seamless Ltd
32
MINDTREE
MindTree Limited
33
MONNETISPA
Monnet Ispat Ltd
34
MRF
MRF Ltd.
35
NBVENTURES
Nava Bharat Ventures Limited
36
NDTV
New Delhi Television Limited
37
NETWORK18
Network 18 Fincap Limited
38
NIITLTD
NIIT Limited
39
PENINLAND
Peninsula Land Limited
40
RAJESHEXPO
Rajesh Exports Ltd.
41
RIIL
Reliance Industrial Infrastructure Limited
42
SKUMARSYNF
S. Kumars Nationwide Ltd
43
SREINTFIN
SREI Infrastructure Finance Limited
44
SRF
SRF Ltd.
45
STAR
Strides Arcolab Limited
46
THERMAX
Thermax Ltd
47
TORNTPOWER
Torrent Power Limited
48
TVSMOTOR
TVS Motor Company Limited
49
UTVSOF
UTV Software Communications Limited
50
WOCKPHARMA
Wockhardt Limited

However, the existing unexpired contracts for the month of and April, May and June 2009 would continue to be available for trading till their respective expiry and new strikes would also be introduced in these existing contract months.

This circular shall be effective from May 4, 2009.

For and on behalf of
National Stock Exchange of India Limited


Suprabhat Lala
Asst. Vice President

Regards,

Allies Financial Services
Mumbai, India

Website : www.AlliesFin.BlogSpot.Com

Market View for 13 April 2009

Hello Friends / Visitors,


A Long Note After A Long Time

Some Flash Back :

Sensex up 3000 points only in just 1 months time & Nifty up by 900 points from recent lows.

If you are regular reader of our NEWSLETTERS on our website http://www.alliesfin.blogspot.com/ then you will remember that in last month we have told about TIME ANALYSIS from 15 FEb 2009 to 15 March 2009 that we are into 13 month of the fall from January 2008 & there were TWO possible scenarios in this month. At the same time Markets were around 8500-9000 Sensex levels or 2600-2700 Nifty levels & were falling :

1. In this Fibo month markets are bound to make new bottoms or

2. If markets holds OCT'08 Lows & if the time is passed (Fibo month) then think that SHORT TERM BOTTOM is made.

Markets after falling much entered into congestion level in 1st & 2nd Week of March 2009 & exactly on 13 March 2009 gave a break out after congesting from 2525 to 2610 levels.

Since then the markets are moving up & up only giving 1 or 2 days jerk on lower side but then recovering very sharply from the fallen levels. This showed that markets are into strong bull hands & the possible LOGICAL reasons for this upmove was

1. Lack of Participation from the Retail front

2. Lack of Confidence into Markets even by LONG TERM investors as the sharp decline in prices forced them to change the meaning of such LONG Investing.

3. Year End Rally to maintain the NAV's

4. Pre Election Rally

5. Lots of FDI money moving into India for Long Term Investments & Many Hot Monies too entering India either into RBI Bonds as RBI hiked Bond limits 2 to 3 times & all the time limit was hit. Another indicator was Re / $ which was at mutli year high around 51-52 levels.

Anyways Bull run was Important whether it comes for any reason as it was Long Awaited.

Current Scenario :

We are completing 5 Straight weeks of NON STOP Dhamaka Bull Run & Markets are very close to Strong Resistance Area, Nifty Resistance Zone 3400 to 3434 where we have Trendline Resistance on Daily LOG Charts, We have 200 DMA around 3434-3450 levels. Also we have FIBO resistance level of 38.2% in this range of 3400-3434. 5 Weeks is FIBO figure are might give some Jerks in Short term.

Alternate Scenario Crossover & Close above Magical Level of 3434 for Minimum 2 to 3 days can take markets to 3600-3800 levels in short term only. But Remember close is very important for the above targets.

We have been updating the Nifty levels to all our sms members by sending messages Regularly. Take a sample of this services on this same website. Also on Hourly charts 2 or 3 tops have been made around 3400 levels on higher levels & supports have been made around 3303 spot Nifty levels. Sustaining below 3303 levels can take Nifty to 3251 - 3232 / 3151 levels. 3151 spot Nifty levels is very important on the lower side. The Trail stop loss for this long bull run can now be placed around 3131 - 3151 levels.

For Short Term Traders buying at Supports & Selling at Resistances could be key Trading !dea to ride the Volatility. Lots of Small Cap & Mid Cap Stocks are on move after sustained & confident rallies from Large cap Stocks. After certain % of profits keep booking profits in this month as Election Results could be the Surprising this year. History says during Election markets has been Highly Volatile & Post Election there has been fall in the markets depending on the PARTY Selected to form the Government at the Centre. Elections in Maharashtra are on 30 April 2009, so Trading holiday has been given on this day. Contracts expiring on 30 April 2009 will now expire on 29 April 2009 as updated by NSE Circulars.

This year Voters need to take care while Voting for any Candidate or Party as verify their Past records like Education / No Criminal Records / Services rendered during the time when they were at Centre ETCCCCC. Take a look on this website to check past records http://nationalelectionwatch.org/ , if you like it then pass on to as many as possible to spread awareness.

Post your Suggestions / Comments / Feedback to us by Email on AlliesFin9@Gmail.com or Sms us at 09869958999 along with your Name, Place, Mobile nos, Profession etc.

Your valued feedback on our services can help us to serve you better in the future.

You can also request for any particular services, if it falls within our limits then we will be hapy to Serve you Better.

Regards,

AXIT D SHAH
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com/