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.
Are You Member of our Email Groups, if not then register your email id on 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 word 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.
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
Financial Markets NEWS Updates
Monday, July 13, 2009
Tuesday, July 7, 2009
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
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
Wednesday, July 1, 2009
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
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
Friday, June 26, 2009
Market Views for 26 June 2009
Hello Friends,
Nifty Close 4242
Supports : 4211 / 4181 / 4141
Resistances : 4273 / 4313 / 4343
Provisional Fund Flow Figure Rupees Crores for 25 June 2009
Fii -1483
Dii +1118
Fii(derivatives) -1417 (net)
Index Futures -554
Index Options -1030
Stock Futures +67
Stock Options +100
Options Excersied : 4052
Options Assigned : 1311
-ve Figure in Index Options mainly include writing of the options on the expiry day to eat the Premium .
Markerts after hitting intra lows of 4143, bounce back was seen of almost 200 points from lows upto 4338 (yesterdays high) . Markets Starting July Series may remain volatile as this series will have Budget & stocks which would have Budget Expectations would remain in lime light upto the day something is being offered to them. But if things wont work as per expectations then the same stock may be hammered as if they were in no Mens Land. So dont forget to book profits on regular intervals or use strict trail stop losses.
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
Nifty Close 4242
Supports : 4211 / 4181 / 4141
Resistances : 4273 / 4313 / 4343
Provisional Fund Flow Figure Rupees Crores for 25 June 2009
Fii -1483
Dii +1118
Fii(derivatives) -1417 (net)
Index Futures -554
Index Options -1030
Stock Futures +67
Stock Options +100
Options Excersied : 4052
Options Assigned : 1311
-ve Figure in Index Options mainly include writing of the options on the expiry day to eat the Premium .
Markerts after hitting intra lows of 4143, bounce back was seen of almost 200 points from lows upto 4338 (yesterdays high) . Markets Starting July Series may remain volatile as this series will have Budget & stocks which would have Budget Expectations would remain in lime light upto the day something is being offered to them. But if things wont work as per expectations then the same stock may be hammered as if they were in no Mens Land. So dont forget to book profits on regular intervals or use strict trail stop losses.
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
Thursday, June 18, 2009
Market Views for 19 June 2009
Hello Friends,
Nifty EOD Chart 18 June 2009
Nifty Close 4251
On hourly charts we can see that once 4444 was broken a basket full of selling pressure came in markets & in just 5 trading sessions we are down by 500+ points from recent top.
On above charts we can see that Nifty is now at important trend line support near 4200-4225 levels, this trend line is the line which is supporting the Bulls in the markets since it has started. So this could be the Key level in short run & some bounce back is expected from this junction. The Trend Reversal level can be placed again at 4444 & close above this levels for 2 to 3 sessions can take markets tests recent highs.
Another View Trading below 4200-4225 can take markets test recent lows near 4100 levels. Next week F&O expiry & this may make markets volatile in the short run. So traders need to take due care while handling stop loss levels & must follow trading Gimmics.
PROVISIONAL FUND FLOW FIGURE RS CRORES FOR 18 JUNE 2009 :
Fii -585
Dii +539
Fii (Derivatives) -312
Index Futures -220
Index options +136
Stock Futures -221
Stock Options -7
News :
Inflation has turned -ve 1.61% provisional for the 1st time in 32 years since 1977-78. This is Wholesale price index (WPI) but Retail or Consumer Price Index (CPI) is too high around 8-10%. Crude Prices are rising, Food Prices are rising, Power Prices are rising & many more prices are rising but still inflaion -ve ? When inflation was rising we remember that FM use to come out & say that we need to check the base for calculating the inflation nos as many of the articles & prices are not included. Hope the media will not panic about Deflation now !!!!!
SEBI scraps entry load for Mutual Funds & Cuts fees for Intermediaries.
On rights issue:
The Sebi board has also rationalised disclosure norms for rights issues. Henceforth, there will be no preferential issue for superior voting rights. Also, no listed company can issue shares with superior rights.
On mutual fund schemes:
Mutual fund investors have a reason to cheer. There will be no entry load on any mutual fund schemes from now on. Distributors will now have to disclose commission for schemes. In a landmark move, mutual fund investors will now decide on the commission payable to distributors.
Fee cut for intermediaries:
The board has decided to rationalise the fees charged by intermediaries. It plans to cut fees for financial intermediaries by 50%. Broker fees for debt deals have been cut to Rs 2.5 per Rs 1 crore of turnover.
On initial public offerings:
From here on, companies planning an initial public offering will have to list on at least one national exchange.
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
Nifty EOD Chart 18 June 2009
Nifty Close 4251
Support : 4211 / 4171 / 4141
Resistance : 4313 / 4343 / 4383
In our earlies posts on 16 June 2009 ( Click to check the views ) we have updated that Nifty needs to close above previous highs of 4675 - 4690 for fresh bull run for targets 4800 - 5000 respectively but it did not do so & hence the profit booking started. Also it came down to test 4444 levels & bounced back upto 4545 but did not close above this. 4545 spot Nifty level was important key level & 4444 was trail stop loss for all long positions.On hourly charts we can see that once 4444 was broken a basket full of selling pressure came in markets & in just 5 trading sessions we are down by 500+ points from recent top.
On above charts we can see that Nifty is now at important trend line support near 4200-4225 levels, this trend line is the line which is supporting the Bulls in the markets since it has started. So this could be the Key level in short run & some bounce back is expected from this junction. The Trend Reversal level can be placed again at 4444 & close above this levels for 2 to 3 sessions can take markets tests recent highs.
Another View Trading below 4200-4225 can take markets test recent lows near 4100 levels. Next week F&O expiry & this may make markets volatile in the short run. So traders need to take due care while handling stop loss levels & must follow trading Gimmics.
PROVISIONAL FUND FLOW FIGURE RS CRORES FOR 18 JUNE 2009 :
Fii -585
Dii +539
Fii (Derivatives) -312
Index Futures -220
Index options +136
Stock Futures -221
Stock Options -7
News :
Inflation has turned -ve 1.61% provisional for the 1st time in 32 years since 1977-78. This is Wholesale price index (WPI) but Retail or Consumer Price Index (CPI) is too high around 8-10%. Crude Prices are rising, Food Prices are rising, Power Prices are rising & many more prices are rising but still inflaion -ve ? When inflation was rising we remember that FM use to come out & say that we need to check the base for calculating the inflation nos as many of the articles & prices are not included. Hope the media will not panic about Deflation now !!!!!
SEBI scraps entry load for Mutual Funds & Cuts fees for Intermediaries.
On rights issue:
The Sebi board has also rationalised disclosure norms for rights issues. Henceforth, there will be no preferential issue for superior voting rights. Also, no listed company can issue shares with superior rights.
On mutual fund schemes:
Mutual fund investors have a reason to cheer. There will be no entry load on any mutual fund schemes from now on. Distributors will now have to disclose commission for schemes. In a landmark move, mutual fund investors will now decide on the commission payable to distributors.
Fee cut for intermediaries:
The board has decided to rationalise the fees charged by intermediaries. It plans to cut fees for financial intermediaries by 50%. Broker fees for debt deals have been cut to Rs 2.5 per Rs 1 crore of turnover.
On initial public offerings:
From here on, companies planning an initial public offering will have to list on at least one national exchange.
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
Monday, June 15, 2009
Market Views For 16 June 2009
Hello Friends,
Nifty Unable to cross & Close above previous high of 4675 - 4690 & hence profit booking started as updated in our last post on this web.
Nifty hits target of 4488 as Mondays close is 4484.
Technically Nifty can test important support of 4444 / 4411 / 4381 & may bounce from these levels.
Nifty spot Close is about 200 points down from current highs in just 2 days time.
Nifty Futures closes at high premium at 4520 to spot close of 4484.
Nifty Spot resistances 4520 / 4545 / 4585
PROVISIONAL FUND FLOW FIGURES RUPEES CRORES FOR 15 JUNE 2009 :
Fii -412
Dii -589
Fii (derivatives) -412
Index Futures -398
Index Options +130
Stock Futures -141
Stock Options -4
News :
Rail Budget on July 3, 2009 Friday instead of July 1, 2009
Union Budget on July 6, 2009 Monday instead of July 3, 2009
Economic Budget on July 2, 2009.
On July 3, 2009 there is holiday in U.S on account of Independence day so this may be the reason for change in dates for delivering budget.
ATF Prices hiked so Airlines stocks may be under pressure.
Infrastructure stocks may remain under pressure these as there is an NFO going on so History says that when ever such Biggies come out with Sector Specific NFO's correction is bound to happen in such stocks/sectors or markets.
World Markets are under pressure as G20 Members have hinted to get back the amount given as Stimulas.
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : http://www.alliesfin.blogspot.com/
Nifty Unable to cross & Close above previous high of 4675 - 4690 & hence profit booking started as updated in our last post on this web.
Nifty hits target of 4488 as Mondays close is 4484.
Technically Nifty can test important support of 4444 / 4411 / 4381 & may bounce from these levels.
Nifty spot Close is about 200 points down from current highs in just 2 days time.
Nifty Futures closes at high premium at 4520 to spot close of 4484.
Nifty Spot resistances 4520 / 4545 / 4585
PROVISIONAL FUND FLOW FIGURES RUPEES CRORES FOR 15 JUNE 2009 :
Fii -412
Dii -589
Fii (derivatives) -412
Index Futures -398
Index Options +130
Stock Futures -141
Stock Options -4
News :
Rail Budget on July 3, 2009 Friday instead of July 1, 2009
Union Budget on July 6, 2009 Monday instead of July 3, 2009
Economic Budget on July 2, 2009.
On July 3, 2009 there is holiday in U.S on account of Independence day so this may be the reason for change in dates for delivering budget.
ATF Prices hiked so Airlines stocks may be under pressure.
Infrastructure stocks may remain under pressure these as there is an NFO going on so History says that when ever such Biggies come out with Sector Specific NFO's correction is bound to happen in such stocks/sectors or markets.
World Markets are under pressure as G20 Members have hinted to get back the amount given as Stimulas.
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : http://www.alliesfin.blogspot.com/
Thursday, June 11, 2009
Market Views For 12 June 2009
Hello Friends,
Nifty EOD Chart 11 June 2009
Fii +787
Dii +558
Fii (Derivatives) -798
Idx Fut -581
Idx Opt -348
Stk Fut +156
Stk Opt -25
Vol 94k Crores
Good Day
Nifty EOD Chart 11 June 2009
Nifty Resistance 4675 - 4690 ( Current Rally High )
If Crosses & Closes above this then 4747 / 4820 soon.
If Not then can test 4580 - 4545 - 4488
Fii +787
Dii +558
Fii (Derivatives) -798
Idx Fut -581
Idx Opt -348
Stk Fut +156
Stk Opt -25
Vol 94k Crores
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : http://www.alliesfin.blogspot.com/
Tuesday, June 9, 2009
Market View for 10 June 2009
Hello Friends,
!!!! A Lost Battle Won by Bulls !!!!
Monday was the real testing day for the bulls as Nifty has broken all supports & managed to close below very important level of 4444. But it closed with nominal loss at 4430. On Tuesday due to such pain markets opened Gap down but managed to get sharp pull back in the initial phase of Session.
Although we missed to update things on this blog but some how managed to send sms to members of our free sms group. Tuesday's early message to clients is available on our website http://www.alliesfin.blogspot.com/ with date & time that Markets may open lower but bounce back is possible from lower levels. During day time sms sent was if Nifty manages to sustain 4444 levels then we may see 4488 & 4515 levels soon. Also Short covering would be seen if Nifty sustain 4488 levels. Rest is the history & which you know very well.
Nifty has managed to close above critical level of 4545 at 4551 which is +ve sign for short term but the real bull run we may see if Nifty Crosses & Closes above 4646 levels which we discussed last week on our website. In last week Nifty Spot made high of 4636 & the huge big day correction started & made low of 4365 which is almost loss of 271 points in just 2days time. If Nifty manages to close above 4646 then we may see markets testing 4848 - 5050 this expiry only. At this point trail sl will help to your long positions.
NifTiee Intra day Levels for 10 June 2009
Close 4551
Supports : 4545 / 4515 / 4488
Resistances : 4586 / 4616 / 4646
PROVISIONAL FUND FLOW FIGURE RUPEES CRORES FOR 09 JUNE 2009
Fii +955
Dii -150
Fii (derivatives) -341
Index Futures +268
Index Options -30
Stock Futures -486
Stock Options -92
STOCKS TO WATCH OUT IN SHORT TERM ARE :
SATYAM
ROLTA
POLARIS
RIL
REL CAP
HDFC LTD
HDFC BANK
GMDC
GSPL
SBI
BHEL
LNT
FOR DAY TRADERS KEEP 1-2% SL FROM CLOSING PRICE & TG OF 3-5-10%.
DONT TRADE IF WE THE STOCKS OPENS GAP UP OR GAP DOWN NEAR TO TG OR SL LEVELS.
Good Day
Happy Trading
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
!!!! A Lost Battle Won by Bulls !!!!
Monday was the real testing day for the bulls as Nifty has broken all supports & managed to close below very important level of 4444. But it closed with nominal loss at 4430. On Tuesday due to such pain markets opened Gap down but managed to get sharp pull back in the initial phase of Session.
Although we missed to update things on this blog but some how managed to send sms to members of our free sms group. Tuesday's early message to clients is available on our website http://www.alliesfin.blogspot.com/ with date & time that Markets may open lower but bounce back is possible from lower levels. During day time sms sent was if Nifty manages to sustain 4444 levels then we may see 4488 & 4515 levels soon. Also Short covering would be seen if Nifty sustain 4488 levels. Rest is the history & which you know very well.
Nifty has managed to close above critical level of 4545 at 4551 which is +ve sign for short term but the real bull run we may see if Nifty Crosses & Closes above 4646 levels which we discussed last week on our website. In last week Nifty Spot made high of 4636 & the huge big day correction started & made low of 4365 which is almost loss of 271 points in just 2days time. If Nifty manages to close above 4646 then we may see markets testing 4848 - 5050 this expiry only. At this point trail sl will help to your long positions.
NifTiee Intra day Levels for 10 June 2009
Close 4551
Supports : 4545 / 4515 / 4488
Resistances : 4586 / 4616 / 4646
PROVISIONAL FUND FLOW FIGURE RUPEES CRORES FOR 09 JUNE 2009
Fii +955
Dii -150
Fii (derivatives) -341
Index Futures +268
Index Options -30
Stock Futures -486
Stock Options -92
STOCKS TO WATCH OUT IN SHORT TERM ARE :
SATYAM
ROLTA
POLARIS
RIL
REL CAP
HDFC LTD
HDFC BANK
GMDC
GSPL
SBI
BHEL
LNT
FOR DAY TRADERS KEEP 1-2% SL FROM CLOSING PRICE & TG OF 3-5-10%.
DONT TRADE IF WE THE STOCKS OPENS GAP UP OR GAP DOWN NEAR TO TG OR SL LEVELS.
Good Day
Happy Trading
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
Thursday, June 4, 2009
Market Views For 05 June 2009
Hello Friends,
Nifty EOD Charts 04.06.09
NIFTY for the 3rd time took supports at 4444 levels & as updated in our previous post that if we close above 4444 for three days then we could see 4610-4646 levels soon.
4610-4646 zone is an resistance area with 61.8% retracement level & in this zone we could see some profit booking. But if we close above this then ?????
NifTiee Intra day levels :
Close : 4273
Supports 4545 / 4525 / 4485
Resistances 4610 / 4646 / 4686
Provisional Fund Flow Figures Rupees Crores for 04 June 2009
Fii +465
Dii -530
Fii (derivatives) -1204
Index Futures -1013
Index Options +513
Stock Futures -666
Stock Options -38
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
Nifty EOD Charts 04.06.09
NIFTY for the 3rd time took supports at 4444 levels & as updated in our previous post that if we close above 4444 for three days then we could see 4610-4646 levels soon.
4610-4646 zone is an resistance area with 61.8% retracement level & in this zone we could see some profit booking. But if we close above this then ?????
NifTiee Intra day levels :
Close : 4273
Supports 4545 / 4525 / 4485
Resistances 4610 / 4646 / 4686
Provisional Fund Flow Figures Rupees Crores for 04 June 2009
Fii +465
Dii -530
Fii (derivatives) -1204
Index Futures -1013
Index Options +513
Stock Futures -666
Stock Options -38
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
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