IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 10-Oct-2014


 

SUGGESTS:

 

BHEL

 

RCOM

 

ZEEL

 

ALSO SEE:

FEDERALBNK

IRB

RECLTD

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, 10-Oct-2014

SMS Pre-Market

Suggests: BHEL RCOM ZEEL;
Also See: FEDERALBNK IRB RECLTD;
Valid for date: 10-Oct-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7970, 7990, 8030, 8060, 8100;
NIFTY Support levels are: 7920, 7900, 7880, 7850, 7820;

 

Pre-Market Alert: 9:15am

A gap-down opening is expected today for our markets tracking negative
global markets; Yesterday, the Nifty gave a fantastic 117-point run-up
to snap its three-day fall, after the US Federal Reserve in its latest
policy meet the day before reassured investors that the central bank is
in no hurry to raise interest rates; But overnight, US stocks ended lower
amid a sell-off with S&P 500 posting its largest percentage decline in
six months on concerns about the strength of the global economy and its
effect on corporate earnings; Asian shares are trading lower today morning
as weak August export data from Germany raised concerns that the global
economic growth is still struggling; At home, we wait for the Q2 Infosys
earning figures today that will dictate the trend; The govt will also
release Index of Industrial Production (IIP) data for August today;
It is expected to grow 2.4% compared with 0.5% in July; Following
the momentum, the Nifty is expected to go back to the Support level
of 7880-7840 in trade today; This is where the pull-back had started
two days ago, and this is where we will again start to move up from;
Keep 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 61.1300; WTI Crude is at $85.77

 


 

SMS-1

10Oct(10:00) Big gap-down openng; Going Choppy;
See BHEL>218 RECLTD>247;
Watch FEDERALBNK>132 IRB>229;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

This time, a 60-point gap-down opening for the Nifty today at around 7900;
After opening, the Nifty has become flat and choppy at just around 7880;
Nifty is at 7880 now, in the red; Range-bound trading is expected
now with slight positive bias; See these if market upturn comes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHEL 218 214 221 225 270
RECLTD 247 242 249 252 240

Also watch FEDERALBNK>132 and IRB>229 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

10Oct(11:00) Mkt -ve & flat; 3 Suggests gave profit;
Hold BHEL>223 IRB>233.50 RECLTD>248 if in;
Others also good if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL In at 218, Out at 222.50
Hold>223, SL-220
Good profits have come; There can be more here
RCOM This is starting to go up; Watch above 104.50
ZEEL This has also started to rise; Watch above 322
FEDERALBNK Flat and choppy; But might turn around later
IRB In at 229, Out at 233.50
See again > 233.50
Be careful with this, as there
has already been some choppiness
RECLTD In at 247, Out at 248
Hold>248, SL-245
Some profits have come; There can be more here

Our Suggests are doing well in a flat and uncertain market; This in itself is a
risky situation, as our Suggests are going against general market trend; So, be
very alert and careful - sudden downside can come anytime; Take small,
small profits and exit; Buy again if price keeps increasing; Do not take
unnecessary risks; Stay Away if you are not sure of your actions.

The Nifty has started the day with a 60-point gap-down opening, and has thereafter
stayed in a very tight 20-point range around 7880; Nifty is at 7880 now, in the
red; World markets are not supportive and the Rupee has gone back above 61 and
is at 61.1550 now; But Infosys results have come good and have exceeded street
estimates; Full results and revenue guidance are being analysed now, and should
give direction to our markets very soon; We expect the Nifty to break out of
this tight zone, and we hope it will be in the upward direction; Be
watchful in LONG; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

10Oct(12:30) Mkt in red; Slight +ve bias;
BHEL RECLTD added profits;
Hold BHEL>225 IRB>233.50 RECLTD>252
if in; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Out at 225
Hold>225, SL-222
More can come; But time to be careful
now as a peak may have been reached
RCOM There was promise after 104.50;
But nothing has come so far
ZEEL Flat and choppy around 319; Avoid
FEDERALBNK Flat and choppy; Avoid
IRB Hold>233.50, SL-230 This has become flat and choppy
around 233; Be careful with this
RECLTD Out at 252
Hold>252, SL-248
There will be more profits here

Our Suggests continue to do well, specially the two we had initially chosen; More
profits can come from both if the Nifty starts to climb up now, as is expected;
Be alert if you are holding in LONG as sudden downsides can come anytime;
Take small, small profits and exit; Buy again if price keeps increasing; Do
not take unnecessary risks; Stay Away if you are not sure of your actions;
Consider closing shop and going away if you have made your profits today.

We did not get a big break-out, but a definite positive trend has set in after our
last Update; The Nifty has broken out of the tight 20-point range around 7880, and
has reached the 7900-mark; At 7905 now, still in the red; More upside is expected;
World markets are still not supportive as all major markets are in the red, and the
Rupee is still weak at 61.1750; Good results by Infosys and Sikka's good beginning
is pulling our markets up; The Nifty will do good if 7910-mark is held now, but
we expect some more upside till 7940; Do not let your guard down;
Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

10Oct(2:30) Mkt in red; Choppy; 2 Suggests added profit;
No Suggest looks good for LONG in last hour;
Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL A peak has actually been reached at 225;
Best to Stay Away now
RCOM Nothing today; Avoid
ZEEL Still flat and choppy; Avoid
FEDERALBNK There was some chance after 131.50;
But we had said: Avoid; So ...
IRB Out at 234 No further progress; Best to Stay Away now
RECLTD Out at 256.50 Has come down a little, but there can
still be chances; Better to Stay Away now

Our Suggests have done well today; It is now time to close shop and take home
your profits; It is best to Stay Away now; Do not take unnecessary risks;
Do not risk profits already made.

A peak of 7925 was reached by the Nifty today, pushed up by good Infy results; But
there was no real strength in this upsurge as world markets are reeling in the red,
the Rupee is weak at 61.1650, Modi govt is behaving like 'Kumbhakarna' says the
Supreme Court and Pakistan has opened fire on 4 border out posts in Kathua district
of Jammu; This grim situation has dragged the Nifty down below 7900 again, and
it is at 7880 now in the red; 7900-7910 could not be held today; Forget 7940;
This 7880-7840 is strong Support zone, and should hold for the day, we feel;
Be careful in LONG if you are holding; Do not take any undue risks in
last hour; It is better to close shop and protect your profits;
Today we will close red.

 


 

Please also see our Today's Performance or Details page