IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 09-Oct-2014


 

SUGGESTS:

 

BHEL

 

IOC

 

RCOM

 

ALSO SEE:

DLF

TVSMOTOR

UNIONBANK

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 Thursday, 09-Oct-2014

SMS Pre-Market

Suggests: BHEL IOC RCOM;
Also See: DLF TVSMOTOR UNIONBANK;
Valid for date: 09-Oct-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7870, 7910, 7940, 7970, 7990;
NIFTY Support levels are: 7820, 7780, 7760, 7730, 7690;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected today for our markets tracking good
recovery in global markets; Yesterday, profit booking woes continued in
our markets but a late upsurge rescued the Nifty as it respected the 7840
level at closing; Strong Support has been found at 7820; Overnight, major
US stock indices surged nearly +2% as the minutes of the Sept meeting
indicated that the US Federal Reserve would not hike interest rates for a
"considerable time", and its first interest rate hike would not come until it
deemed the economy could withstand it; Asian markets are trading higher
today morning on same grounds with Japan and Hongkong leading; Back
home, the Nifty is expected to hold Support of 7840 today and try to
reclaim the level of 7900; Global inputs will call the shots as there
are no domestic cues; But positive trading is expected today; Keep
strong vigil and do not lose patience; Carefully pick one or two
stocks and then track them diligently; Consider all possible
angles before you buy; Act quickly when you get a good
chance; Take small profits and Exit; Repeat;
INR-US$ is at 61.0950; WTI Crude is at $87.31

 


 

SMS-1

09Oct(10:00) Good gap-up openng; Going up;
See RCOM>102.50 UNIONBANK>200.50;
Watch BHEL>211.50 IOC>388;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A good 60-point gap-up opening for the Nifty today just above 7900; After
opening, the Nifty has become flat and choppy in the 7920-7930 zone;
Nifty is at 7925 now, in the green; Range-bound trading is expected
now with slight positive bias; See these if market upturn continues:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
RCOM 102.50 100 104 105 580
UNIONBANK 200.50 198 202 203 290

Also watch BHEL>211.50 and IOC>388 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

09Oct(11:00) Mkt has slight +ve bias; UNIONBANK gave
profit; Hold UNIONBANK>202 if in; Watch BHEL>211
TVSMOTOR>229 now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL See > 211 This is stuck in the 209-210 area
after opening; There can be chances here
IOC This is also choppy around 384;
But chances are less with this
RCOM This has started to fall;
Low chances seen here
DLF There was a fall after opening;
But might turn around now
TVSMOTOR See > 229 Here also, there was a fall, but a turn
around seems to be coming; Watch this
UNIONBANK In at 200.50, Out at 202
Hold>202, SL-199
Some profits have come;
There can be more here

One of our Suggests has given some profits and some others are showing promise
now, just like this time yesterday; But the prospects are better today as, unlike
yesterday, we have a very good opening today and a slight positive bias in the
market; But do not let down your guard; Do not enter BUY orders in advance
in your terminal; Wait for trigger to be crossed with confidence; Do not take
unnecessary risks; Stay Away if you are not sure of your actions.

The Nifty has started very high and has maintained that position since opening
today; This is a very good market for positional traders, but for intraday trading,
this is risky; The Nifty is at 7930 now, in the green; World markets are very
supportive, and the Rupee is good at 61.0650; But there are no domestic cues
for quite some time; We do not expect any sharp rise for the Nifty from here,
but it is expected to hold 7910-level and trade within a range; Be watchful
in LONG; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

09Oct(12:30) Mkt in green; Flat & Choppy; 3 Suggests gave
profit; Hold BHEL>212 DLF>153 UNIONBANK>202.50;
Watch RCOM>101.50; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL In at 211, Out at 212
Hold>212, SL-209
Expected profits have come;
There can be more here
IOC This is going down now; Avoid
RCOM See > 101.50 This has recovered from a fall;
Turning around now; Can be chances here
DLF In at 151.50, Out at 153
Hold> 153, SL-150
Chances came following PricePoints;
There can be more here
TVSMOTOR Going flat and choppy; Watch this
UNIONBANK Out at 202.50
Hold>202.50, SL-199
Went down, then up again;
There can be more here

Our Suggests have given fresh profits, as we had expected after the last Update;
Some of them can give more from here onwards; But be careful if you are holding,
as sudden downsides can come anytime at such high levels; Take small profits
and exit; Buy again, if prices keep increasing; Do not take unnecessary
risks; Stay Away if you are not sure.

The Nifty is uncertain; Fluctuating in the 7910-7940 range since opening today;
Good thing is, it is holding the opening gains and is above 7900-level; Nifty at
7925 now, in the green; World markets are still very supportive with Europe
expected to open green, and the Rupee is doing good and has gone below 61;
It is at 60.9150 now; But there are still no domestic cues; As we said earlier,
we do not expect any sharp rise for the Nifty from here, but it is expected to
hold 7910-level and trade within a range; Do not let down your guard;
Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

09Oct(2:30) Mkt in green; +ve bias; 3 Suggests gave profit;
BHEL>220 UNIONBANK>205 good for more in LONG
if upsurge strengthens in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Out at 219.50
Hold>220, SL-216
Handsome profits have come, as there was
a good upsurge; There can be more here
IOC Flat and uncertain; Avoid
RCOM In at 101.50, Out at 105 The expected recovery has given
good profits; Flattened out now
DLF No further action after noon profits; But
there can be more here in last hour
TVSMOTOR This has been a let-down; Avoid
UNIONBANK Out at 204.50
Hold>205, SL-202
Steady upside seen here;
There can be more in last hour

Our Suggests have done a very good job today, in a flat, quiet, range-bound day;
But you have to be careful now, if you are holding, as the Nifty is showing
signs of levelling out; But there is still some more upside possible, we feel;
Take small small profits and exit; Buy again, if prices keep increasing;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has come out of its shell and is doing very well now; At 7960, in the
green; Has come up from 7920; There is chance for more upside today; All
the losses of the last few days have been recovered and a shot at 8000 looks
possible if the Resistance at 7970 is crossed now; World markets are still
supportive and the Rupee is still good at 60.9550 now; And we have been
proved wrong in not expecting any sharp rise for the Nifty from last time;
Be careful in LONG if you are holding; Do not take any undue risks in
last hour; It is better to Stay Away and protect your profits;
Today we will close green.

 


 

Please also see our Today's Performance or Details page