IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 22-Oct-2014














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 Wednesday, 22-Oct-2014

SMS Pre-Market

Valid for date: 22-Oct-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7970, 7990, 8030, 8060, 8100;
NIFTY Support levels are: 7900, 7860, 7830, 7800, 7780;


Pre-Market Alert: 9:15am

Another gap-up opening is expected today for our markets tracking positive
US and Asian cues; The Nifty yesterday had opened gap-up and then braved
a mid-day crisis to finally extended gains for a third straight session and close
above 7900 as sentiment turned bullish in Indian markets following reforms
push and the govt's decision to e-auction coal blocks that were cancelled
by the Supreme Court; Overnight, US stocks ended higher with the S&P 500
notching a 4th straight session of gains boosted by strong company results;
European shares surged yesterday on encouraging economic data from China
and talks that the European Central Bank might announce monetary stimulus
measures; Asian markets are trading higher today morning tracking overnight
gains on Wall Street after encouraging earnings from US technology majors;
Japan and Hongkong are over +1% up after trade data today showed that
exports have increased; At home, FII/FPI inflow and Q2 results will hold
the key to post-Diwali progress in our markets; Today also, another good
opening might take care of the Resistance at 7970, but the next one at
7990-8000 may not be easy to cross; Like in the last 2 days, if 8000 is
covered, we will have to ensure that the level is held till the closing;
Again, this should not be a problem if FII/FPI inflows continue today;
Good Support is still at 7850-7860; Keep constant vigil; Do not get
over board; Carefully pick one or two trending stocks and track
them constantly; 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 61.1800; WTI Crude is at $82.81




22Oct(10:00) Big gap-up openng; Going Flat;
See HEXAWARE>189 BHEL>241.50;
Watch SAIL>83.50 DLF>122.50;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A 60-point gap-up opening for the Nifty today at around 7990; After opening,
the Nifty has maintained position and is fluctuating in a tight band around
7990; No particular trend is seen; Nifty at 7985 now, in the green; 7990
is strong Resistance area which has to be crossed for further upside;
See these, if market upturn comes now with good volumes:

Name See
to buy
HEXAWARE 189 186 190 192 310
BHEL 241.50 238 244 145 240

Also watch SAIL>83.50 and DLF>122.50 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




22Oct(11:00) Mkt flat; In the green; BHEL gave profit;
Hold BHEL>244 if in; Watch TVSMOTOR>260 PTC>89
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
HEXAWARE Going flat at 186; Can give chances later
SAIL Going down from 83; Low chances seen here
TVSMOTOR See > 260 Coming up from 254; There is chance here
BHEL In at 241.50, Out at 243.50
Hold>244, SL-242
There can be more here after a pause
DLF Sudden downside has come; Avoid, for now
PTC See > 89 Flat at 88; There is chances here

Back to the Basics: Today's market is very good for the positional trader, but there
is hardly anything here for the Intraday Trader; Any intraday trade today is risky;
Do not set your terminal to auto-buy at our Trigger; Wait for trigger to be passed
confidently; Then wait some more to confirm that uptrend is established before
you buy; Do not take unnecessary risks; Stay Away if you are not sure.

Like in the last 2 days, good opening, and then good hold-on for the Nifty to
maintain position and keep the opening gains intact; Nifty is at 7985 now,
in the green; Still in a very tight range around 7990; This Resistance at
7990-8000 is proving to be tough to cross since opening today; Some
trigger will be required now, for the Nifty to go up further; World markets
are still green with Japan over +2.5% plus; The Rupee is doing good at
61.1950; Maharashtra CM-choice will be finalised after Diwali, it seems;
There are no events in site that can provide a spark; So, we expect this
quiet trading just below 8000 to continue for some more time; Be
watchful; Avoid taking big risks; Stay Away if you are not sure.




22Oct(12:30) Mkt Green, Flat & Choppy; No Suggest gave
profit; None look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
HEXAWARE Has started to fall; Avoid now
SAIL Steady at 82; Can give chances now
TVSMOTOR Has fallen from 258 to 255;
But, there is chance here after 257
BHEL This has also fallen; Avoid for now
DLF Going down steadily; Avoid, for now
PTC This is also going down; Avoid

None of our Suggests have performed after the last Update, and none looks like giving
any result now unless we see some upside in the Nifty; Chances of that is low; As we
have said before, playing in Intraday in LONG in markets like today is very risky;
But odd chances can always come your way; 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 holding on to the opening gains and fluctuating in a tight range
just below the 8000-mark; At 7990 now, in the green; Resistance at 7990-8000
is still acting strong; Some trigger is required for the Nifty to cross this level;
Asian markets are closing mostly green with Japan over +2.5% plus; The Rupee
has weakened a bit and is at 61.2450 now; Europe is expected to open in the green
on expected action from ECB; We feel the Nifty will keep within the 7980-8000
range for some more time; Be alert and careful if you want to enter now; Do not
let your guard down; Do not take undue risks; Stay Away if you are not sure.




22Oct(2:30) Mkt in green; Flat & Choppy; DLF gave profit;
Only DLF looks good for more profits in LONG in last hour;
Best to Stay Away now; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
HEXAWARE May turn up in last hour; But best to Stay Away
SAIL Can give chances now; But best to Stay Away
TVSMOTOR Still falling; Avoid
BHEL This can also turn up; But best to Stay Away
DLF In at 120; Out at 121 Going up; There is chance for more
PTC This can also turn up; But best to Stay Away

Profits given by DLF would have required an expert hand to actually get them; But once
in, it is going up smoothly; Others are not performing, as was expected; DLF also can
go upto a level, as overall market is not conducive to Intraday Trading in LONG today;
Be very careful if you are holding; Do not take unnecessary risks; Do not risk
profits already made; Stay Away if you are not sure.

Throughout the day today, the Nifty is holding on to the opening gains and moving in
a tight range between 7980-8000; Just above 7990 now, in the green; Resistance at
7990-8000 is still holding; Asian markets are closing mostly green; But Europe is
slowly turning red; The Rupee is still holding at 61.2100; We feel the Nifty will keep
within the 7980-8000 range, but a smart upsurge right at the end to give a closing
above 8000 would be a great Diwali gift; Possible; But you should 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