Market View 31 August , 2007

!!!!!!!!!STEADY GAINS!!!!!!!

AFTER A HIGHLY VOLATILE SEESION OF F & O EXPIRY , NIFTY MANAGED TO CLOSE ABV 4400 LVLS WHICH WE HAD RECOMENDED TO OUR CLIENTS THT THIS ROLLOVER WILL BE ABV 4400 LVLS ONLY FOR SPOT NIFTY.

SENSEX MADE A HIGH OF 15200 IN THE EARLY SESSION YESTERDAY & WHOLE DAY MANAGED TO TRADE BELOW THT. WE HAD WRITTEN FEW DAYS BACK THT ONCE SENSEX CLOSES ABV 15200 THEN ONE CAN SEE 15500 - 15600 LEVELS VERY SOON.

NIFTY LVLS :
CLOSE : 4412
SUPPORTS : 4405, 4385 , 4360
RESISTANCES : 4425, 4440 , 4500

ONCE NIFTY CROSSES 4440 ONE CAN SEE 4500 LVLS VERY SOON.

STOCKS TO WATCH OUT ARE :

RELIANCE PACK : THIS IS THE PACK WHICH WE ARE RECOMENDING SINCE LAST MANY MONTHS & ADVISING OUR CLIENTS WITH TRADING AS WELL AS INVESTMENT IDEAS BY GIVING THE ENTRY & EXIT OPTIONS. THIS IS ONE OF OUR PACK WHERE OUR CLIENTS MINTED THE MOST. WE ARE TRADING IN ALL THESE COMPANIES SINCE MAY 2007.

MARKETS AFTER MAKING LOW OF 13800 ROSE SHARPLY TO 15200 LVLS WHICH HAS MORE THEN 1400 POINTS RALLY FROM LOWER LEVELS & IT COMES TO APPROX 10 % GAINS IN JUST 8 TRADING SESSIONS. IN THIS TIME RELIANCE PACK HAS GIVEN MORE THEN 15% RALLY IN THE STOCK PRICES.

FOR SHORT TERM GAINS APART FROM LARGIES ARE :

FSL
DISH TV
WHIRLPOOL
TANEJA AERO
TECH MAHINDRA
CREST ANIMATION
SHASUN CHEMICALS
SHREE PRECOATED STEEL

ALL THESE SCRIPS ARE BACKED BY FUNDMENTALS TOO.

LAST MONDAY WE HAD RECOMENDED AUTO STOCKS. CHECK OUT THEN PRICES & PRICES TODAY.

MARKET NEWS :

NSE to add 14 stks more in F&O Segment from September 6 : 3I Infotech, Aptech, Bhushan Steel, Biocon, CMC, Havells India, Lakshmi Machines, NIIT Tech., Nucleus Software, Sasken Comm., Tech Mahindra, Tulip IT, Welspun Guj St. and Yes Bank.

Technologies (1:1) to trade ex-bonus today.

Educomp Solutions (Rs 2), Indusind Bank (Rs 0.6), International Travel (Rs 3), IVRCL Infra (Rs 1) and UCal Fuel Systems (Rs 1) to trade ex-dividned today.

GOOD DAY, HAPPY INVESTING

Market View 30 August , 2007

WHEN WE ARE UP OTHERS ARE UP TOO

THIS IS AN UNKIND OF THING HAPPENED WHEN YESTERDAY OTHERS GLOBAL MARKETS WERE DOWN & INDIAN MARKETS WERE UP. TAKING CUE FROM INDIAN MARKETS YESTERDAY ALL OTHER GLOBAL MARKETS BOUNCED BACK & ENDED IN +VE TERRITORY.

TODAY TO MARKETS TO OPEN FIRM & CAN BE A VOLATILE SESSION ON ACCOUNT OF f & O EXPIRY.

NIFTY VIEW :
CLOSE : 4359
SUPPORTS : 4340 , 4300
RESISTANCES : 4385 , 4410

STOCKS TO WATCH OUT ARE

RELIANCE PACK
ENGG STOCKS
BANKING STOCKS

I KNOW THIS WE ARE RECOMENDING FROM THE LAST MANY DAYS BUT THESE ARE THE ONLY STOCKS WHICH HAVE JUST RAN UP BY MORE THEN 10 % IN THE LAST FEW TRADING SESSIONS.

FROM THE LAST FEW TRADING SESSIONS WE ARE WATCHING THAT THIS IS CLEAR CUT SHORT COVERING & ROLLOVER HAPPENING IN FUTURE.

WE WOULD LIKE TO ADVISE OUR READERS ITS BETTER TO BOOK PROFITS AROUND 15500 - 15600 LVLS BY USING THESE RALLIES.

THERE ARE TWO STAGES IN MARKETS ONE IS THE ACCUMULATION STAGE WHERE WE USE CORRECTION TO BUY & HOLD & ONE IS THE DISTRIBUTION STAGE WHERE WE USE RALLIES TO BOOK PROFITS & THIS IS THE RALLY WHERE WE FEEL THAT THIS IS NOT ACCUMULATION STAGE , THIS IS DISTRIBUTION STAGE.

GOOD DAY, HAPPY INVESTING

Market View 29 August 2007

MARKETS HEADING TOWARDS 15500 - 15600

WE ARE BACK AFTER TWO DAYS VACATION. MARKETS HAVE BOUNCED FROM THE RECENT LOW OF 13779 & 13870 WHICH ARE VERY CLOSE TO 200 DMA & STRONG SUPPORT. MARKETS HAD FILLED THE GAP AROUND 14960 - 14970 LVLS WHICH HAS BEEN FILLED TODAY & FROM HERE WE EXPECT THAT MARKETS TO BOUNCE FROM HERE & CAN GO UPTO 15500 - 15600 LVLS. FOR NIFTY THE 4500 - 4525.

ON 23 AUGUST 2007 WE HAD WRITTEN THE FOLLOWING THINGS : PLS CLICK THIS LINK TO READ MORE http://alliesfin.blogspot.com/2007/08/market-view-23-august-2007.html . WE ARE CLOSE TO 15000 NOW & NEXT 15500 - 15600.

WE HAD POSTED ON THE FOLLOWING STOCKS TO TRADE IN LAST WEEK FOR SHORT TERM

RELIANCE PACK : RIL, REL CAP, R COM, RPL, RNRL
ENGG STOCKS : ABB , LNT, SIEMENS...........
BANKING STOCKS : SBI, ICICI BANK..........

OTHER STOCKS CAN BE CHECKED OUT FROM LAST MANY DAYS WERE

EDUCOMP
SHRE PRECOATED STEEL
ZYLOG
WHIRLPOOL
ORICON ENTERPRISES & MANY MORE.

FOR SHORT TERM THE MARKETS SHOULD CLOSE ABV 14980 LVLS FOR TG OF 15500 - 15600.

GOOD DAY , HAPPY INVESTING

ANNIVERSARY CELEBRATIONS

TODAY IS THE DAY WHEN WE ARE COMPLETING 2 YEARS OF OUR FOUNDATION. ON THIS DAY WE WOULD LIKE TO RECEIVE ALL UR BLESSINGS & THANK YOU FOR CONSIDERING US AS YOUR FINANCIAL ADVISORS FOR EQUITIES , MUTUAL FUNDS & INSURANCE & HOPE WE ADD MORE SERVICES TO OFFER YOU IN OUR BASKET.

THANKS & REGARDS,

AXIT SHAH
Equity Advisory Desk ~ Allies Financial Services
Gsm : ( +91 ) 9820 191219 ~ 98699 58999
Personal mails : axits@rediffmail.com
Business mails : alliesfin@rediffmail.com
yahoo id : alliesfin9
Website : http://alliesfin.blogspot.com/


MORE ON MARKETS :

NIFTY HAS GOOD SUPPORT @ 4000 LVLS. YESTERDAY WE HAD SEEN A HIGHLY VOLATILE SESSION DUE TO THE DIRTY POLITICAL GAME HAPPENING AT CENTRE NOW.

I WOULD ADVISE TO STAY AWAY FOR FEW UNTILL EVERY THING SETTLES DOWN & WE GET A CLEAR PICTURE TO BUY IN MARKETS.

INVESTORS CAN TAKE BUY OF BUYING AT DIPS & FOR TRADERS BUY @ SUPPORTS & SELL @ RESISTANCES.

NIFTY VIEW :

TODAY'S OUTLOOK : SIDEWAYS. WITH -VE BIAS.........

The sharp downtrend was seen in intraday of 65 points breaching 4100 level. The support level of 4080 acted strongly and Nifty Futures closed at 4115 levels. As Nifty Futures is in a consolidation phase, a high volatility is expected where lower support levels and higher resistance levels will change the short-term trend in opposite direction. The trendline on the daily chart is showing support at 4060 – 4050 and closing below this level may extend the downtrend up to the previous bottom of 3950. If Nifty Futures continues the corrective uptrend then 4250 is strong resistance.The intraday support levels are at 4050 and 4010 where as the resistance levels are at 4170 and 4210.

SENSEX VIEW :

The yawning gap between 14680 and 14964 is lakshman rekha for the bulls. The next meaningful resistance comes in at Thursdays high of 14554, 390 point higher from the close. The support for the Sensex comes in at 14150, Buy Puts if Sensex trades below 14150. Cement, Fertilizer and financials stocks are likely to outperform the markets.

GOOD DAY , HAPPY INVESTING


FOR NEXT FEW SESSIONS WE ARE GOING OUTSTATION & WILL NOT BE ABLE TO UPDATE. ANY QUERIES THEN SMS ON 098699 58999

SOME FUN APART MARKETS :

Why INDIA is in trouble?

Population: 100 crore
9 crore retired
30 crore in state Govt
17 crore in central Govt (Both Category don't work)
1 crore IT professional (don't work for India)
25 crore in school
1 crore r under 5 years
15 crore unemployed
1.2 crore u can find anytime in hospitals
Statistics says u find 79,99,998 people anytime in jail
The Balance two are U & Me. U are busy " checking Mails /sending fwds.. "..!!

HOW CAN I HANDLE INDIA alone?

Market View 23 August, 2007

ARE WE BOTTOMING OUT??????????

YES ONE CAN TEL THT THIS IS TRUE IF 13800 LVLS ARE NOT BROKEN & WE SUSTAIN AT THIS LEVELS. THE MARKETS NEED TO CONSOLIDATE AT THIS LEVELS. YESTERDAY WE HAD CLEARLY WRITTEN ABT MOMEMTUM BUYING TO HAPPEN IN MARKETS. CLICK HERE TO KNOW MORE http://alliesfin.blogspot.com/2007/08/market-view-22-august-2007.html

NIFTY VIEW :
CLOSE : 4153
SUPPORTS : 4140 , 4100
RESISTANCES : 4165, 4190 , 4210

FOR TODAY MARKETS TO OPEN FIRM ON ACCOUNT OF GLOBAL CUES, BUT ONE NEEDS TO CHECK OUT THT AT HIGHER LVLS PROFIT BOOKING MAY COME AS ITS SHARP RISE FROM BOTTOM.

SENSEX IF CLOSES ABV 14500 & FOR NIFTY ABV 4225 THEN ONE CAN SEE 15000 & 4400 LVLS VERY SOON.

STOCK IDEAS FOR TRADING :-)

RELIANCE PACK
ENGG STOCKS : LNT, ABB, SIEMENS, PUNJ LLYOD
BANKING STOCKS : SBI, ICICI BANK ETC

FOR TRADERS ONE STRATEGY :

The appropriate strategy in this stage of market is buying in intraday falls with appropriate stop loss and exiting the positions at strong resistance levels.

GOOD DAY, HAPPY INVESTING


SECTORIAL UPDATE :

INDIAN PIPE INDUSTRY : WE ARE BULLISH ON THIS SECTOR FOR INVESTMENTS.

POST CLOSING UPDATES :-)

WHAT A ROLLER COATER RIDE TODAY. ONE OF THE HIGHLY VOLATILE SESSIONS HAS BEEN WITNESSED TODAY WITH MORE THEN 1200 POINTS MOVES HAS BEEN SEEN TODAY. A LAST SENSEX CLOSED @ 14164 WITH -VE 84 POINTS WHILE NIFTY CLOSED @ 4115 WITH - 38 POINTS.

AS CLEARLY MENTIONED IN THE MORNING THT MARKET HAS STIFF RESISTANCE @ 14500 & FOR NIFTY 4225. MARKETS ONCE BREACHED THESE LEVELS UPSIDE BUT AT HIGHER LVLS PROFIT BOOKING HAS BEEN SEEN & ALSO THERE ARE FEW FOOLISH POLITICAL COMMENTS HAPPENING ALL ROUND IN MEDIA WHICH LEAD THE MARKETS TO TANK & ENDED UP -VE.

SO UNDER SUCH SITUATIONS ITS BETTER TO PACK UR BAGS FOR FEW DAYS & RELAX. TRADERS ARE HARDLY HIT UNDER THIS HIGHLY VOLTILE MARKETS.

GOOD DAY AHEAD, HAPPY INVESTMENTS

Market View 22 August , 2007

MOMEMTUM BUYING WIL HAPPEN

INDIAN MARKERTS ARE UNDEPERFORMING OTHER MARKETS SO WE WIL SOME MOMEMTUM BUYIN HAPPENING THERE.

NIFTY VIEW :
CLOSE : 4075
SUPPORTS : 4040 , 4000
REISISTANCES : 4125, 4140 & 4200

WE EXPECT THE MARKETS TO OPEN UP & REMAIN +VE FOR THE DAY.

STOCKS TO WATCH FOR SHORT TERM TRADES ARE

ORBIT CORP : BUY @ 410 SL 395 TG 425 , 440 , 465 INTRA DAY

ZYLOG SYSTEMS : BUY @ 425 SL 410 TG 440, 455, 470 INTRA DAY

GREMACH : BUY @ 176 SL 172 TG 181 INTRA DAY

OTHER DELIVERY BUYS IN LARGIES ARE :

RELIANCE PACK
ENGG STOCKS : LNT, ABB ETC.....
BANKING STOCKS : SBI, ICICI ETC.....

GOOD DAY , HAPPY INVESTING

POST CLOSING UPDATES :-)

AS STATED IN MORNING MOMEMTUM BUYING HAPPENED IN MARKETS AFTER WITNESSING A HIGHLY VOLATILE SESSION & ALSO MARKET ENDED POSITIVE WITH MORE THEN 260+ POINTS & CLOSED @ 14250 LVLS & NIFTY CLOSED @ 4153 UP 78 POINTS ABV OUR RESISTANCE OF 4140. SO THE NEXT TG COULD BE POSSIBLY 4200.

OUR INTRA DAY CALLS, ALL TARGET ACHIEVED :-)

ORBIT HITS 426.6 WITH OUR 1ST TG OF 425

ZYLOG HITS 457.9 WITH OUR 1ST TG OF 455

GREMACH HITS 181.8 WITH OUR 1ST TG OF 181

TAKE OUR RELIANCE PACK :

SCRIP NAME : O H L C

HIGHLY VOLATILE STOCKS

RIL : 1747, 1791, 1717, 1768
REL CAP : 1004, 1039.9, 992, 1035
RCOM : 485, 498, 475.8, 495.4

LOW VOLATILE STOCKS

RPL : 109.5, 110, 106, 109.15
RNRL : 45, 45.6, 43.65, 44.7

ALSO ENGG STOCKS GAINED WITH 2 TO 3% INTRA DAY

WHT ELSE ONE WANT IN SHORT TERM

GOOD DAY AHEAD, HAPPY INVESTING, KEEP THINKING

Market View 21 August , 2007

MARKETS FIRM BUT NOT ABLE TO SUSTAIN

ON FRIDAY THE MARKETS OPENED FIRM & OPENED UP WITH MORE THEN 500 ODD POINTS UP BUT AT HIGHER LEVELS WE SAW SOME PROFIT BOOKING & ENDED UP WITH JUST 285 POINTS UP ON SENSEX.

FROM THIS ONE CAN MAKE OUT THAT MARKETS ARE WITNESSING SELLING PRESSURES AT HIGHER LEVELS.

NIFTY VIEW :
NIFTY CLOSE : 4209
SUPPORTS : 4180, 4140
RESISTANCES : 4225, 4240, 4300

FOR TODAY ONE CAN EXPECT RANGE BOUND MARKETS WITH +VE BIAS.

GOOD DAY , HAPPY INVESTING

POST CLOSING UPDATES :-)

TODAY MARKETS OPENED FIRM BY MORE 125 ODD POINTS UP & THEN SOME PROFIT BOOKING STARTED. MARKETS ENDED JUST 450 ODD POINTS DOWN ON SENSEX DUE TO HIGH UNCERTAIN POLITICAL PROBLEMS HAPPENING AT THE CENTRE ON ACCOUNT OF NUKE DEAL & FUTURE ELECTIONS COMING UP. ALL THESE ISSUES ARE TAKEN VERY SERIOUSLY BY MARKETS & THE PROFIT BOOKING & SHORT SELLING HAPPENING ALL ROUND.

TRADERS NEED TO TAKE MUCH MORE CARE WHILE TRADING SHORT TERM , LONG TERM PLAYERS NEVER BOTHER WHOSE VISION IS OF 5 YEARS & MORE.

NOT UPDATING CALLS AS THIS POINT OF TIME AS MARKETS HIGHLY VOLATILE & ITS TOO TOUGH TO TRADE UNDER SUCH SITUATIONS. FOR LONG TERM THIS IS TOO EARLY TIME TO BUY.

GOOD DAY AHEAD, HAPPY INVESTING