IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 30-Oct-2014


 

SUGGESTS:

 

ADANIPORTS

 

HINDALCO

 

TATAMOTORS

 

ALSO SEE:

CAIRN

DABUR

TATASTEEL

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, 30-Oct-2014

SMS Pre-Market

Suggests: ADANIPORTS HINDALCO TATAMOTORS;
Also See: CAIRN DABUR TATASTEEL;
Valid for: 30-Oct-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8100, 8130, 8160, 8180, 8200;
NIFTY Support levels are: 8050, 8010, 7970, 7950, 7920;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected today for our markets following
mixed Asian cues; Our markets are likely to remain volatile in the latter
half of the day with the October derivative (F&O) contracts set to expire
today; Major US share indices ended flat with negative bias last night
after the US Federal Reserve Bank at its 2-day meeting ended its monetary
stimulus measures of bond purchases and remained confident that the
economy is on a growth track; The ending of QE-3 is expected to have
little effect in our market, and the Nifty is expected to head higher
to reclaim its crucial psychological level of 8100 in trade today;
INR-US$ is at 61.4700; WTI Crude is at $82.20

 


 

SMS-1

30Oct(10:00) Flat openng; Going up;
See TATAMOTORS>526 DABUR>221.50;
Watch ADANIPORTS>273 TATASTEEL>473;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8090; Going up slowly after opening
with a slight positive bias; Nifty-8100 has been crossed and the index is now
at 8110, in the green; Next Resistance is at 8130; Support is now at 8090;
See these, if market upturn strengthens with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAMOTORS 526 522 530 533 110
DABUR 221.50 219 223 225 270

Also watch ADANIPORTS>273 and TATASTEEL>473 if upsurge
strengthens now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

30Oct(11:00) Mkt +ve & flat; No Suggest gave profit;
Hold ADANIPORTS>273 DABUR>221.50 if in; Watch
TATASTEEL>473 now if mkt turns up again; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS In at 273
Hold>273, SL-271
Has flattened out; Go Marginal, if no upswing
HINDALCO Flat & Quiet; Can flare up; Watch this
TATAMOTORS Showing promise; But no movement; Watch this
CAIRN Flat & Uncertain; Avoid, for now
DABUR In at 221.50
Hold>221.50, SL-219
Has flattened out; Go Marginal, if no upswing
TATASTEEL See > 473 Flat & Quiet; Can flare up; Watch out

Our Suggests have not started to perform as yet, although many of them show good
promise; Positive gains should come if overall market keeps going up; But do not
get overboard; Go Marginal if no upswing comes in the next half-hour; Do not set
your terminal to auto-buy at the trigger we have given; Wait for trigger to be
crossed confidently; Then wait some more, to confirm the uptrend; On entry,
take small profit and exit; Buy again, if uptrend continues; Be alert and
careful; Do not take unnecessary risks; Stay Away if you are not sure.

The positive bias we saw at the opening, is still very much there after our last
Update; The Nifty is going up slowly and is past 8120, in the green; Resistance
at 8130 is now being approached; First Support is at 8090; Global markets are
mixed and the Rupee is weak at 61.4250; But the reduction in diesel prices and
the govt's drive against black money are positive local cues; We expect the Nifty
to hold position above 8100 and trade with a positive bias towards 8130; There
will be a pause after that, before we approach the all-time high of 8180;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

30Oct(12:30) Mkt in green; Good +ve bias; ADANIPORTS
HINDALCO gave profit; Hold ADANIPORTS>274 HINDALCO>158;
DABUR Marginal at 221.50; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Out at 274
Hold>274, SL-272
Has got slight positive bias; Watch this
HINDALCO In at 157, Out at 158
Hold>158, SL-155
Profits following PricePoints; There is more
TATAMOTORS Still showing promise; But no movement
CAIRN Very Flat; But a slight positive
bias seems to be coming; Watch this
DABUR Marginal at 221.50 Best to avoid this now
TATASTEEL Just touched Trigger; Nothing beyond

None of our Suggests are not following the general market today; A 60-point
increase in the Nifty has not resulted in any substancial gain from any of our
Suggests; This was suspected by our team and we had asked you to go Marginal
with ADANIPORTS DABUR in our last Update; Be very careful if you are holding
ADANIPORTS HINDALCO now; Do not take unnecessary risks; Get out
and Stay Away if you are not sure.

The positive bias in the Nifty continues, and the Resistance at 8130 has been
crossed rather easily; Nifty is at 8155 now, in the green; We had expected the
market to take a pause at 8130, even that has not happened; There is Resistance
at 8160, which is being tackled now; Global markets are supportive with Asia
mostly in the green and Europe expected to open good; But the Rupee is at a low
of 61.4450; For the Nifty, the pause we expected at 8130 might happen at 8160,
we feel, before we take on 8180; Be alert and careful if you want to enter now
or you are holding; Do not let your guard down; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

30Oct(2:30) Nifty above 8160, in the green; Flat now;
HINDALCO TATAMOTORS DABUR gave profit; All 3 can
give more profits in LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Not much action above 274; Keep watching
HINDALCO Out at 160 There is more here
TATAMOTORS In at 526, Out at 529.70 At last, some profits; There is more here
CAIRN Still very Flat; Slight positive bias still seen
DABUR Out at 223 If you were holding; There can be more here
TATASTEEL There is chance of this flaring up; Keep watching

Our Suggests have started to perform late today, and some profits are now coming;
Be very careful if you are holding, as things are not exactly going our way; Sudden
downside can come anytime; Do not take unnecessary risks; Get out and Stay
Away if you are not sure; Do not risk profits already made, in last hour.

Our markets are doing an excellent job today and the Sensex has rallied over 260
points in intraday trade to hit a fresh record high of 27358.85, at a time when
other Asian markets are trading mixed after the US Federal Reserve overnight ended
its monthly bond-buying program; The previous all-time high for the Sensex was at
27354.99. Tracking the momentum, the 50-share Nifty has also reclaimed its crucial
psychological level of 8150 and is at 8160 now; A stoppage at this level has come
for the Nifty, as was expected by us, and it looks as if 8180 will not be achieved
by the Nifty today; Global markets are still supportive with Asia closing mixed
and Europe in green; But the Rupee is still weak at 61.4631; We hope that
the Nifty gives a closing today around 8150; Do not take any undue
risks in last hour; Today we will close green.

 


 

Please also see our Today's Performance or Details page