IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 27-Oct-2014


 

SUGGESTS:

 

AMTEKAUTO

 

LICHSGFIN

 

SINTEX

 

ALSO SEE:

DISHMAN

ESCORTS

KTKBANK

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, 27-Oct-2014

SMS Pre-Market

Suggests: AMTEKAUTO LICHSGFIN SINTEX;
Also See: DISHMAN ESCORTS KTKBANK;
Valid for: 27-Oct-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8030, 8060, 8100, 8130, 8160;
NIFTY Support levels are: 7980, 7950, 7920, 7880, 7850;

 

Pre-Market Alert: 9:15am

Another gap-up opening is expected today for our markets following positive
sentiments in our markets after Diwali; But the going may not be good as we
may be pulled down by mixed global cues; In the short Mahurat trading on the
23rd, the Nifty cleared the short term Resistance of 7970 and closed above
its crucial psychological level of 8000; On Friday, US stocks closed out
their best week in nearly two years, helped by earnings from Microsoft and
others; News of the first case of Ebola diagnosed in New York City hit the
browses on Thursday, but the markets shook off those concerns on Friday;
Asian markets are trading mixed today morning; At home, some choppiness
is expected in the next few days as this Expiry week; Global financial markets
will also remain volatile because of the two-day US Fed meeting ending on
Wednesday for comments on the direction of interest rates; The main job for
the Nifty will be to hold 8000-level this week; On the upside, 8030-8040
is the first Resistance, while 7980 is the first Support today; As in the
previous few sessions, FII/FPI inflows will be give market direction;
Keep constant vigil for going intraday in LONG; 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; Buy again, if upside continues;
INR-US$ is at 61.1500; WTI Crude is at $81.01

 


 

SMS-1

27Oct(10:00) Gap-up openng; Going down;
See AMTEKAUTO>174 SINTEX>93;
Watch LICHSGFIN>346 DISHMAN>159;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 30-point gap-up opening for the Nifty today at around 8050; After opening,
the Nifty has been brought down quickly to 8020-level and is now fluctuating
in the 8015-8030 band, just above the line in the green; No particular trend
is seen; 8030-8040 is strong Resistance area which has to be crossed for
further upside; See these, if market upturn comes now with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMTEKAUTO 174 171 175 176 340
SINTEX 93 91 94 95 640

Also watch LICHSGFIN>346 and DISHMAN>159 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

27Oct(11:00) Mkt green, flat & choppy; SINTEX DISHMAN
gave profit; Hold SINTEX>94 DISHMAN>161 if in;
Watch ESCORTS>167 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AMTEKAUTO Has started to go down; Avoid, for now
LICHSGFIN Going down steadily; Avoid
SINTEX In at 93, Out at 94
Hold>94, SL-92
There is chance here for more
DISHMAN In at 159, Out at 161.50
Hold>161, SL-158
There can be more here after a pause
ESCORTS See > 167 This is showing good signs; Watch this
KTKBANK There was a chance here that we missed;
There can be another one; Watch out

The going has been bumpy till now for our Suggests, but some profits have come; If
you have already got some of them, consider yourself lucky and resist playing anymore
today; As the position of the general market is flat and choppy and not conducive
for Intraday Trading in LONG; But if you are holding and decide to stay, be very
alert and careful; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty is flat and choppy in the 8020-8035 range after our last Update; Going
nowhere, and showing no signs of a break-out in either direction; Resistance at
8030-8040 is still intact; Local Support has been found at 8010; Global cues
are uncertain and the Rupee is holding at 61.1650; There are no local cues;
We expect this quiet trading just above the line to continue for some more
time, and the Nifty to hold 8000-level; Be watchful; Avoid taking big
risks; Stay Away if you are not sure.

 


 

SMS-3

27Oct(12:30) Mkt in green; Going Flat; No Suggest gave
profit; Hold DISHMAN>161 if in; No other Suggest
looks good now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AMTEKAUTO Flat around 171.50; Avoid, for now
LICHSGFIN Flat around 340; Has chances of going up
SINTEX Flat around 93; No action after last Update
DISHMAN Hold>161, SL-158 Keep holding, if still in
ESCORTS This is still showing good signs
KTKBANK No action after last Update

Our Suggests continue to perform uncertain, as the overall market is uncertain;
At this time, we do not expect any Suggest to give any positive results unless
the overall market situation improves; We say this again: this market is not
proper for Intraday Trading in LONG; If you are holding, be very alert and
careful; Otherwise, it is best to Stay Away from here; Do not take
unnecessary risks; Stay Away if you are not sure.

The Nifty has come down to the line and is flat and choppy in the 8010-8025 range
after our last Update; Still going nowhere, and showing no signs of a break-out in
either direction; Good thing is, it is still holding on to 8000-level; Resistance at
8030-8040 is still intact; Local Support at 8010 is also intact; Global cues
are still uncertain, but Europe is expected to open in green; The Rupee is also
holding at 61.1650; We expect some upside now that the Sena and BJP standoff
has been resolved and if Europe gives a good opening; Be alert and careful
if you are holding, or if you want to enter now; Do not let your guard
down; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

27Oct(2:30) Mkt in red; Flat & Choppy; DISHMAN added
profit; No Suggest looks good for LONG now; All can
profit if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMTEKAUTO Still flat around 171.50; Avoid
LICHSGFIN Going down; Avoid
SINTEX Still flat around 93; Can flair up in last hour
DISHMAN Out at 162 Looks like this is done for the day
ESCORTS Going down; Avoid
KTKBANK No action in entire day; Avoid

Our Suggests have not done anything great after the last Update; Low chances of
anything further happening today; It is best to Stay Away from here; Do not take
unnecessary risks; Stay Away if you are already in profit.

The Nifty has come down some more, instead of going up, as we wrongly predicted;
Nifty at 8005 now, in the red; Still managing to hold the 8000-level; Resistance at
8030-8040 has held throughout the day; But Support at 8010 is about to be broken;
Global cues have become supportive as Europe is trading in the green; The Rupee is
also holding at 61.1650; But our markets have come under profit booking after the
Diwali holidays; There is a distinct negative bias seen now since morning; Some
more downside is expected, but we still feel that 8000-mark will be respected
by the Nifty in closing today; Do not take any undue risks in last hour;
It is wise to protect your profits now;
Today we will close flat/red.

 


 

Please also see our Today's Performance or Details page