IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 12-Sept-2014














These 6 names were given to our members before market opened today. At about 10am, 2 of these 6 were chosen, based on their initial performance, and StopLoss and Targets were given for these 2. Throughout the day we followed the performance of these 6 stock and gave updates/alerts.


Given below are the Alerts & Updates
we had sent to our members today:



Alerts / Updates for Friday, 12-Sept-2014

SMS Pre-Market

Valid for: 12-Sept-2014; All for LONG;
See site for Details


For Today:

NIFTY Resistance levels are: 8120, 8160, 8180, 8200, 8230;
NIFTY Support levels are: 8060, 8040, 8010, 7970, 7940;


Pre-Market Alert: 9:15am

A flat-to-negative opening is expected today for our markets, tracking
down global cues; Yesterday, the Nifty ended the day with minor losses
after a mid-day fall that wiped out a good gap-up opening; Overnight,
US stocks ended flat with the S&P 500 managing a slight gain as energy
prices and oil stocks turned higher and financials lent support; Asian
markets are trading mixed today morning following an uninspiring US
lead; At home, markets are likely to be range bound as investors will
remain cautious as govt will release the CPI inflation data for August
2014 and the industrial production (IIP) data for July 2014 today;
Nifty-8100 is yet to be re-gained on a closing basis, and this will
again be the first task for the Nifty today against some more profit-
booking pressure; On the downside, Support at 8060 has been holding
for some time and 8040 is strong Support below that; Range bound
trading is generally expected in our market by experts, but, there
will be some domestic triggers today that can bring in good swings;
Profit booking pressures will keep coming; Carefully pick one or two
stocks and then track them constantly; Be patient; Do not be in
a hurry to get in; Consider all possible angles before you buy;
Act quickly when you get a good chance; Take small
profits and Exit; Repeat, if the upside continues;
INR-US$ is at 60.9830; WTI Crude is at $92.83




12Sept(10:00) Flat openng; Choppy;
See ESCORTS>149.50 PETRONET>199;
Watch RECLTD>286.50 TATAGLOBAL>170.50;
For LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Slight gap-up opening for the Nifty today around 8095; After opening,
the Nifty has been trading quiet just above the line, fluctuating
in the 8085-8100 band; Nifty at 8095 now, in the green;
See these if market upturn comes with volumes:

Name See
to buy
ESCORTS 149.50 146 151 153 400
PETRONET 199 196 201 204 300

Also watch RECLTD>286.50 and TATAGLOBAL>170.50 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




12Sept(11:00) Mkt choppy in red; -ve bias; No Suggest gave
profit; None look good for LONG now; All can profit
if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
ESCORTS This has started to fall slowly;
Might turn around later
RECLTD Looks like a bottom has been formed
at 282; Might turn up from here
SYNDIBANK Negative bias is also seen in this;
Best to avoid this now
ANDHRABANK Going downward slowly;
A turn-around might come later
PETRONET This is going agaist general trend;
But still flat and choppy
TATAGLOBAL Choppy and fluctuating with slight negative
bias; Watch for a turnaround here

Our Suggests are moving in tune with the general market trends, and falling down
slowly; A turn around can come later in some of our Suggests; Follow the Nifty;
Follow PricePoints; Do not set your Terminal for auto-BUY at PP; Wait for
PPs to be crossed confidently; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty has kept on with the slight negative bias seen after opening and
has gone into the red now; At 8080; More downside might come now; Asian
markets are mixed, but key markets are in the green; The Rupee is weak at
60.8650 now; There is Support for the Nifty at 8060, which will be
tested again today; Be careful in LONG in these falling markets;
Avoid taking big risks; Stay Away if you are not sure.




12Sept(12:30) Mkt in green; +ve bias; PETRONET gave
profit; Hold PETRONET>204 if in; Watch ESCORTS>149
RECLTD>285.50 ANDHRABANK>76 now; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ESCORTS See > 149 This has started to go up from 145;
Might give some profits from here
RECLTD See > 285.50 This has also started to come up from
281; Might give some profits from here
SYNDIBANK This is not performing today;
Best to avoid this now
ANDHRABANK See > 76 Bottom has be found at 74.50;
At 75.50 now; There can be chance here
PETRONET In at 199, Out at 204
Hold>204, SL-198
Some profits have come against the
general trend; There can be more here
TATAGLOBAL This is very choppy, but moving up slowly;
Watch for a turnaround here

Our Suggests are going with the general trend today and moving up slowly with the
Nifty; The progress is very slow, and might not bear fruit; Be very careful in LONG
in such uncertain markets; Except PETRONET, which has given some profits;
Do not set your Terminal for auto-BUY at Trigger; Wait for Trigger to be
crossed confidently before taking position; Do not take unnecessary
risks; Stay Away if you are not sure.

The Nifty is at 8090 now, in the green, having come up from a low of 8070
reached after the last Update; Going choppy now in the 8080-8095 band;
Asian markets are still mixed, but key markets are still in the green; Europe
is also expected to open mostly green; The Rupee is weak but recovering, at
60.7850 now; We expect the Nifty to carry on with range-bound trading just
above the line, and progress upwards later today; Support at 8060
should hold for the Nifty in the near-term; Do not take undue
risks now; Stay Away if you are not sure.




12Sept(2:30) Mkt in green; Flat & Choppy; ESCORTS
SYNDIBANK gave profit; ANDHRABANK Marginal; All
3 can still give more in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ESCORTS In at 149, Out at 150.50 Some profits have come, but going
is very choppy; There can be more here
RECLTD Just touched the Trigger at 285.50;
Nothing after that; Avoid now
SYNDIBANK In at 126, Out at 127.50 This was not performing today, but some
profits have come following PricePoints
Marginal till now
There is chance here of profits
in last hour; Watch carefully...
PETRONET No movement after last Update;
But another chance might come now
TATAGLOBAL This is still very choppy and
uncertain; Low chances seen here now

Some profits have come from our Suggests as was being expected; There is chance
for more profits from some of these, specially if the Nifty starts to go up, which
is very much expected; Much was expected from PETRONET but it disappointed;
Do not take unnecessary risks; Stay Away if you are not sure; Stay Away
if you have already made some profits today.

The Nifty is still at 8090 now, in the green, and still fluctuating in the
8080-8095 range since our last Update; The Support at 8060 was tested
again some time back, and it is still holding strong; Global cues are not very
supportive as Asia is closing mixed and key markets in Europe are turning red;
The Rupee is at 60.8500, which is steady; We expect the Nifty to carry on with
range-bound trading just above the line, in the green, and give us a last-hour
jump to go above 8100; The Nifty will do good if 8100 is held at closing today;
Looks possible; For Intraday in LONG now, do not take any undue risks;
Do not get carried away if the Nifty starts to move up rapidly;
Do not risk profits already made; Today we will close green.



Please also see our Today's Performance or Details page