IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 16-Sept-2014


 

SUGGESTS:

 

ESCORTS

 

SUNTV

 

SYNDIBANK

 

ALSO SEE:

APOLLOTYRE

FRL

IDBI

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 Tuesday, 16-Sept-2014

SMS Pre-Market

Suggests: ESCORTS SUNTV SYNDIBANK;
Also See: APOLLOTYRE FRL IDBI;
Valid for date: 16-Sept-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8060, 8100, 8150, 8180, 8200;
NIFTY Support levels are: 8010, 7970, 7940, 7900, 7860;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected today for our markets, tracking
down global cues; Yesterday, the Nifty lost 8100-level and closed below
8050 reacting to Friday's data that showed IIP growth slowed to four-
month low in July; Around noon, data showed wholesale inflation fell
sharply to 3.74% in August to a nearly five-year low, but, investors
appeared to ignore the WPI inflation figures; Overnight, US stocks
ended mixed as the tech sector dragged the Nasdaq to its worst day
since July and kept the S&P 500 near unchanged mark as investors
cleared the decks for Alibaba's debut planned for later this week;
Asian shares are trading mostly in the red at this time as the world
awaits further policy statement from the US Federal Reserve tomorrow,
which could provide clues on the timing of an interest rate hike; Back
home, most analysts believe that this profit taking will continue and
the Nifty is likely to test its crucial Support around 8010-7970 in the
coming session; Range-bound trading is largely expected with slight
negative bias; Yesterday we got a closing at the strong Support of
8040, and today, Nifty-8000 is expected to be held at closing; 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 61.0100; WTI Crude is at $92.90

 


 

SMS-1

16Sept(10:00) Gap-down openng; Choppy in red;
See ESCORTS>161 FRL>133.50;
Watch SYNDIBANK>134 IDBI>81.30;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

10-point gap-down opening for the Nifty today around 8030; After
opening, the Nifty has become very choppy and is fluctuating in the
8040-8020 zone at present; Nifty at 8030 now, in the red; Meanwhile,
ESCORTS could have already given you some profits in LONG following
PricePoints; ESCORTS should have been in at 159 and out at 160;
See these if market upturn comes now with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ESCORTS 161 157 163 165 370
FRL 133.50 129 135 137 440

Also watch SYNDIBANK>134 and IDBI>81.30 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

16Sept(11:00) Mkt -ve & flat; ESCORTS gave profit;
Hold ESCORTS>163 if in; Watch SYNDIBANK>132
FRL>132.50 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ESCORTS In at 159, Out at 163
Hold>163, SL-158
Entry around 159 came from PricePoint;
There are more chances in this today
SUNTV Going flat and quiet now;
Might turn up later
SYNDIBANK See > 132 Had gone down till 129.50; Seems to
be turning around now; Watch this
APOLLOTYRE We missed an opportunity here at 212;
Another up-turn might come after 212
FRL See > 132.50 This is very flat and steady at 131;
Might give a sharp upside; Wait & Watch...
IDBI There is a negative bias in this some
time ago; Low chances seen now

One Suggest has given some profits, others are tentative; Outlook is not very good
as overall market situation is down-and-flat; Even for the leader today, ESCORTS,
the going is in fits and spurts; Very uncertain; So, very very watchful in LONG;
Do not set your Terminal for auto-BUY at any PP-level; Wait for PPs to be
crossed confidently; Do not take unnecessary risks;
Stay Away if you are not sure.

Nifty Support at 8040 was broken at the opening, as expected; Next Support at
8010 is in force now, but has not really been tested as yet; The Nifty is still
fluctuating in the 8020-8040 range, and is still at 8030 now, in the red;
Asian markets are all in the red; The Rupee is weak and is at 61.1050 now;
We expect the Nifty to remain range-bound and hold position till the by-poll
results are out; Whatever it is, we expect some upside before closing
today; Be very careful in LONG in these uncertain markets;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

16Sept(12:30) Mkt in red; Going Flat; None gave profit;
Hold ESCORTS>163 if in; No other looks good for LONG
at this time; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ESCORTS Hold>163, SL-158 No action after last Update; Holding
position; Can be some more profits here
SUNTV Opportunity was missed from 361 to
363.50; Might turn up again later
SYNDIBANK Did not turn up as expected;
Low chances seen here now
APOLLOTYRE Going down after last Update;
Low chances seen here now
FRL Sharp upside just touched our Trigger at
132.50; Nothing after that; Low chance now
IDBI This is also going down now
Low chances seen here

One Suggest are subdued and quiet, as can be expected from such a down market;
Except for a false start by FRL, there was no action from any Suggest after our
last Update; ESCORTS has also lost wind, it seems; Be watchful in LONG;
Do not take unnecessary risks; Stay Away if you are not sure;
Stay Away if you are already in some profits today.

Nifty has dipped below 8020 after our last Update; This was the lower limit
of the 8040-8020 range that the Nifty was in, since morning today; A slight
negative trend has set in; The Nifty is at 8015 now, in the red; The Support
at 8010 will now be tested; World markets are not supportive with Asia closing
in red and Europe also expected to open red; The Rupee is at 61.0450, which
is steady; Trends for the by-poll results coming in show BJP losing some seats
and Congress gaining some; This might bring in some more downside to our
market; But we still expect some upside before closing today; Do not
take undue risks now; Stay Away if you are not sure.

 


 

SMS-4

16Sept(2:30) Mkt in red; Took a fall; Flat now;
No Suggest gave profit; ESCORTS>158 FRL>127 good
for LONG if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ESCORTS Out at 163.25; See > 158 Fell with the market after last Update;
Can go for a second innings now
SUNTV Flat and choppy at 352 after fall;
Not much chance in this anymore
SYNDIBANK Steady downward slope since morning;
Not much chance in this anymore
APOLLOTYRE Taken a big fall after last Update;
Recovered a bit, but down once more
FRL See > 127 This has also recovered a bit after
big fall; Might give some chance now
IDBI This is also gone down after last
Update; Low chances seen here now

Although we are showing some levels against some of our Suggests now, we are not
at all convinced that any meaningful profits will come from our Suggests in LONG
in the last hour now; Profit booking pressure will continue; For today, only
ESCORTS has given any profits in LONG among our six Suggests; Do not
take unnecessary risks in last hour; Stay Away if you are not sure;
Stay Away if you are already in some profits today.

Nifty has gone below 8000 after our last Update and is now at the Support level
of 7970; This is under threat; Next Support is at 7940; We had thought that
we will get some upside before closing today and Nifty-8000 will be held at
closing, but that now looks remote; Instead, even 7940 is under threat now;
World markets are all in red; The Rupee is still above 61, at 61.0988 now;
BJP has lost some ground in the bypolls of Rajasthan and UP; Under such
circumstances, it cannot be expected that we will get an upside to cover
today's losses now; Do not take any undue risks; Do not risk profits
already made; Today we will close red.

 


 

Please also see our Today's Performance or Details page