IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 26-Sept-2014


 

SUGGESTS:

 

ADANIPORTS

 

HEXAWARE

 

INDIANB

 

ALSO SEE:

DISHMAN

PFC

TATASTEEL

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, 26-Sept-2014

SMS Pre-Market

Suggests: ADANIPORTS HEXAWARE INDIANB;
Also See: DISHMAN PFC TATASTEEL;
Valid for: 26-Sept-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7940, 7980, 8020, 8060, 8100;
NIFTY Support levels are: 7880, 7850, 7820, 7780, 7760;

 

Pre-Market Alert: 9:15am

A negative opening is expected today for our markets tracking weakness
in other Asian markets and overnight sharp losses on Wall Street; Further,
selling by foreign funds will also continue to weigh on market sentiment;
Yesterday, we saw some serious selling and only a smart recovery in the
last half-hour gave the Nifty a chance to close above 7900; The Nifty
had gone down over 140-points in intraday; Overnight, US shares indices
ended over -1.5% lower with the broader S&P 500 recording its highest
single-day loss since July after Apple fell by nearly -4% and the dollar
rose to a four-year high; Asian markets are trading lower today morning
tracking sharp overnight losses on Wall Street; Japan is almost -1% down
on the back of a stronger yen; Back home, yesterday the Nifty had bounced
back in the last half-hour from a key Support level of 7880 which is also
the 50-Day EMA; If this can be held today at opening, we might get a small
technical bounce back; Plus we have a strong Support at 7850-7840; These
balancing factors might result in range-bound and quiet trading just before
the first week-end of the festive season; Be patient today, and you will
get your chance; Carefully pick one or two stocks and then track them
diligently; 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 possible;
INR-US$ is at 61.4480; WTI Crude is at $92.53

 


 

SMS-1

26Sept(10:00) Flat openng; Going OK;
Hold TATASTEEL>472 if in;
See INDIANB>151 PFC>239;
Watch ADANIPORTS>276 DISHMAN>181;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 7910; After opening, the Nifty
has developed a positive bias and has gone into the green; Nifty is at
7950 now; The Support at 7880 is holding; Meanwhile, TATASTEEL could
have already given you some profits following PricePoints; TATASTEEL
should have been in at 469 and out at 471; Hold TATASTEEL>472
with a StopLoss at 465; See these if market upturn comes
now with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
INDIANB 151 148 153 155 390
PFC 239 235 241 243 250

Also watch ADANIPORTS>276 and DISHMAN>181 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

26Sept(11:00) Mkt choppy; PFC TATASTEEL gave profit;
Hold PFC>240 TATASTEEL>472 if in; No other looks
good now; All can profit if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS There was an early chance that was 'unplayable';
Choppy now; Not much chances seen here
HEXAWARE This has taken a fall after opening and
is flat at 192; Not much chances here
INDIANB There is a slow progress, but it is very
choppy; Best to avoid at this time
DISHMAN Flat and choppy around 178; Not much
chances seen in this at this time
PFC In at 239, Out at 240.40
Hold>240, SL-236
Some small profits have come; Stuck at
238 now; Low chances seen here also
TATASTEEL In at 469, Out at 472
Hold>472, SL-465
This is also going flat and choppy now
around 467; Low chances seen here also

Today, like yesterday, although we have mentioned 'Hold' for two of our Suggests, we
do not expect much action with them unless the Nifty starts to go up beyond 7950;
Market is very uncertain and risky at this stage and it is best to Stay Away now
for intraday in LONG, unless you get a very good opportunity; Do not take
unnecessary risks; Get out, or Stay Away if you are not sure.

As was predicted by us today in the pre-opening Alert, the Bulls and Bears are
balancing each other out in the market today; As a result, we are getting small,
sharp ups and downs, but in the end, the Nifty is choppy around the line; At
7920 now, in the green; There is no help from outside either, as world markets
are totally red and the Rupee is weak at 61.5200 now; Nifty Support at 7880
is still holding and First Resistance is at 7940; This will be the range for
some more time, unless we get some trigger; Be watchful in LONG;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

26Sept(12:30) Nifty in red; Going down slowly; No Suggest
gave profit; None look good for LONG now; Mkt uncertain;
Best to Stay Away; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS This is now stuck at 273, and
showing signs of going down; Avoid
HEXAWARE There has been another fall and a
negative trend has come in; Avoid
INDIANB Very low volumes; Stuck at 150; Avoid
DISHMAN Choppy around 174 after steady fall; Avoid
PFC Steady and holding at 238; This has chance
to give more profits if the market goes up
TATASTEEL Same with this; Stuck now at 468; Can give
more profits if overall market goes up

None of our Suggests look good for profits in LONG, including the last two, unless
the overall market situation improves; That is looking unlikely now; As we said before,
it is best to Stay Away from this kind of a market unless you get a very good
opportunity; Be very careful; Do not take unnecessary risks;
Stay Away if you are already in profit today.

It now looks as if the Bears are winning today; There has been a steady
negative trend in the Nifty after our last Update; Nifty is at 7860 now,
in the red, down from 7920; Support at 7880 has been taken out easily and
the next Support at 7850 is under threat; There is no support from outside
as the whole world is in the red; The Rupee is also weak at 61.4700 now;
We now only hope the Nifty will hold 7850-7820 Support; Be very careful
in LONG if you want to enter this market now; Do not take undue risks;
Stay Away if you are not sure; Stay Away if you are already in profit.

 


 

SMS-4

26Sept(2:30) Mkt in red; Flat & Choppy; 3 Suggests gave
profit; PFC TATASTEEL still good for more in LONG if
upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Flat & Choppy; Avoid
HEXAWARE Flat & uncertain; Avoid
INDIANB In at 151, Out at 153 Some profits have come for the expert
hand; Best to avoid this now
DISHMAN Choppy and uncertain; Avoid
PFC Out at 243 Can still give some more; But best to avoid
if you have already made some profits
TATASTEEL Out at 474 Same with this; Can still give more,
but Stay Away if already in profit

Some more profits have come in LONG from the two Suggests we were backing today,
and some unexpected returns have been given by INDIANB following out opening
levels; As said, it required an expert hand to get these profits; We feel that you
should quit this market now, if you haven't done so already; Although we expect
some upside in the last hour, like yesterday, even then you should Stay Away
if you are already in profit today; Do not take unnecessary risks.

Nobody is winning today, as of now; The Bulls and the Bears are not giving anything
away; The downside we spoke about last time, was halted at 7840, and the Nifty had
bounced back from there to touch a high of 7930, which is in the green; The Nifty
is at 7890 now, back in the red; Global situation has improved slightly as Europe is
slowly turning green; More significantly, the Rupee has recovered a lot and is now
at 61.1100, going towards below-61 by closing time; All these point towards a
smart upside before closing just like yesterday; Nifty-7900 will be held, and we
now hope the Nifty will go past 7950 at closing today; Do not take any undue
risks in last hour; It is better to Stay Away now; Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page