IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 20-Oct-2014


 

SUGGESTS:

 

ANDHRABANK

 

BHEL

 

HDIL

 

ALSO SEE:

IDEA

IDFC

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 Monday, 20-Oct-2014

SMS Pre-Market

Suggests: ANDHRABANK BHEL HDIL;
Also See: IDEA IDFC RECLTD;
Valid for date: 20-Oct-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7810, 7840, 7870, 7900, 7930;
NIFTY Support levels are: 7750, 7720, 7690, 7660, 7630;

 

Pre-Market Alert: 9:15am

A big gap-up opening is expected today for our markets tracking strong positive
cues from all global markets; The Nifty last Friday gave indications of an uprise
as it had given a smart rise till the 7800-level before giving up some of these
gains; On Friday, US markets climbed more than 1 per cent, though the S&P
500 index posted its fourth straight weekly decline; Asian shares are trading
higher today morning; At home, the victory by BJP in the state elections of
Maharashtra and Haryana will boost market sentiment; Further, reforms in the
oil and gas sectors will put related stocks in focus; But whether the constant
pull-out of funds by FIIs/FPIs from our markets will decrease and get reversed,
is the big question; That needs to happen for the market to get confidence in
going up; With a good opening today, Resistances of 7840 and even 7870 may
be taken out, and Nifty-7900 will be the First Target; Support at 7750-7720
should hold for the day; Intraday trading may not be very fruitful on a day
like this as we will start very high and then remain flat at that level for
most of the day; Keep constant vigil; Do not get over board; Carefully
pick one or two trending 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:
buy again if the upside continues;
INR-US$ is at 61.1910; WTI Crude is at $82.75

 


 

SMS-1

20Oct(10:00) Big Gap-up openng; Going Flat;
See ANDHRABANK>75.50 IDFC>143;
Watch BHEL>230 IDEA>158;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Big 100-point gap-up opening for the Nifty today at around 7880; After
opening, the Nifty has remained flat and quiet just around the same 7880-level;
In the green; The range right now is 7870-7900; No particular bias is seen;
See these now if market upturn comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ANDHRABANK 75.50 74 76.50 78 790
IDFC 143 140 144 145 410

Also watch BHEL>230 and IDEA>158 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

20Oct(11:00) Mkt in green; +ve bias; No Suggest gave
profit; Watch ANDHRABANK>75.50 IDEA>158 RECLTD>269
now if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ANDHRABANK See > 75.50 Has got stuck at 75; Some chances can come
BHEL Going down; Low chances seen at this time
HDIL This is also going down; Low chances seen
IDEA See > 158 Slow upward progress; Can give chances now
IDFC Flat and Choppy; Low chances seen at this time
RECLTD See > 269 We have missed a chance at 266-268;
This can give another chance later

As we said earlier, markets as on today are excellent for positional traders as there
has been a great jump in valuation; But this is not suited for intraday trading as we
do not have any ups and downs; Not till now; Our Suggests have not done well so far,
as can be expected; Although we missed a chance with RECLTD; Some Suggests
look good now, but be very careful; Do not set your terminal to auto-buy at the
trigger given above; Wait for the trigger to be passed confidently before you
buy; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has done well so far today in achieving the 7900-level and then holding
on to the opening gains; Just below 7900 now, in the green; Going flat and steady
with a very slight positive bias; All Asian markets are deep in the green with Japan
over +3.6% up and almost all other markets over +1% up; The Rupee is also good
at 61.2750 now; FII/FPI participation should turn positive now as the timing of
the steps taken for the oil and gas sectors suggest that the govt is now ready
to take on big ticket reforms; Next Resistance for the Nifty is at the
7930-7940 zone, and that is the next target now; Be watchful;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

20Oct(12:30) Nifty in green; Choppy around 7900;
IDEA gave profit; Hold IDEA>161 if in;
Watch ANDHRABANK>75.50 BHEL>230;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ANDHRABANK See > 75.50 Showing signs of upward movement;
We still see some chances here
BHEL See > 230 There was some chances here from 228
that we did not tap; Watch now...
HDIL Still going down; Low chances seen
IDEA In at 158, Out at 161
Hold>161, SL-158
Some expected profits have come;
There can be more here
IDFC Going down now; Low chances seen
RECLTD This has not given a second chance

We have missed two chances for profits with two of our Suggests already today; This
only goes to show how uncertain or un-dependable today's market is; We cannot afford
to take chances or big risks; But IDEA has given profits on expected lines, and
there can be more profits here; Be very careful; Do not set your terminal to auto-
buy at the trigger given above; Wait for the trigger to be passed confidently before
you buy; Keep constant vigil; Be quick to react if you get a good opportunity;
Take small profit and exit; Buy again if price keeps increasing; Do not
take unnecessary risks; Stay Away if you are not sure.

The Nifty is still doing well in holding on to the opening gains; Fluctuating in
the 7875-7905 band since opening today; At 7880 now, in the green; There is no
slight positive bias that we saw last time; Asian markets are closing deep in the
green with Japan almost +4% up, but Europe may open in the red, it is feared; The
Rupee is still holding on at 61.2550; The Support at 7870 has been active since
morning today, and is still holding; So is the Resistance at 7900; This is the
range that will continue now, we feel, unless we get some trigger; Be alert
and careful if you are holding; Do not let your guard down; Do not
take undue risks; Stay Away if you are not sure.

 


 

SMS-4

20Oct(2:30) Mkt in Green; Flat & Choppy; RECLTD gave profit;
Hold ANDHRABANK>75.50 RECLTD>271 if in; No other
looks good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ANDHRABANK In at 75.50
Hold>75.50, SL-74
If you have taken entry, go Marginal in
this; We do not see much chances here
BHEL Going flat & choppy around 227;
Can flare up suddenly; Keep watching...
HDIL Still going down; Low chances seen
IDEA Not much happening here;
But this can also flare up suddenly
IDFC Flattened out at 138.50; Low chances seen
RECLTD In at 268, Out at 270.50
Hold>271, SL-268
This has given the expected second chance;
There can be more here in the last hour

After IDEA, we now have got some profits from RECLTD; ANDHRABANK is Marginal;
Getting profits in LONG in Intraday today has been very difficult and it would have been
best to Stay Away from such markets; If you have made your profits today, you should
do exactly that now: Stay Away; Unless you are holding RECLTD, which is still
trending; But here also, go up to a limit and then get out; Do not take
unnecessary risks; Do not risk profits already made.

The Nifty is still holding on to the opening gains and trading in a range, only the
range has extended slightly in the downward side; A bottom of 7860 has been hit
some time back; This is within the Support of 7870, so this Support is technically
still holding; Nifty at 7880 now, in the green; Asian markets are closing green and
most of Europe is in red; The Rupee is still stable at 61.2800 and there has been no
progress in the political equations in Maharashtra; We do not see anything much
happening to the Nifty now in the last hour today; A final push towards 7900
before closing will be good; Do not take any undue risks in last hour; It is
wise to protect your profits now; Today we will close green.

 


 

Please also see our Today's Performance or Details page