IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 31-Oct-2014


 

SUGGESTS:

 

HDIL

 

HINDALCO

 

TITAN

 

ALSO SEE:

ALBK

CROMPGREAV

RCOM

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, 31-Oct-2014

SMS Pre-Market

Suggests: HDIL HINDALCO TITAN;
Also See: ALBK CROMPGREAV RCOM;
Valid for date: 31-Oct-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8180, 8200, 8230, 8260, 8300;
NIFTY Support levels are: 8140, 8110, 8050, 8010, 7970;

 

Pre-Market Alert: 9:15am

A positive opening is expected today for our markets following firm global
cues and renewed FII buying as Asian peers too have surged on strong over-
night performance by US markets; Tracking the momentum, the Nifty is today
expected to surpass its previous record high of 8181.55 made yesterday
even as the US ended its Quantitative Easing program on Thursday; The
level of 8140-8130 is now the first Support for the Nifty;
INR-US$ is at 61.3200; WTI Crude is at $81.12

 


 

SMS-1

31Oct(10:00) Gap-up openng; Going up;
See HDIL>83.50 CROMPGREAV>188;
Watch HINDALCO>161.50 ALBK>114.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

30-point gap-up opening for the Nifty today around 8200; Going up slowly after
opening with a slight positive bias; A new life-time high has been created and the
psychological level of Nifty-8200 has been crossed at opening itself; The index is
now at 8240, in the green; Next Resistance is at 8260; Support is now at 8180;
See these, if market upturn strengthens with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HDIL 83.50 82 84 85 710
CROMPGREAV 188 185 189 191 310

Also watch HINDALCO>161.50 and ALBK>114.50 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

31Oct(11:00) Mkt +ve & good; HINDALCO gave slight profits;
Hold HINDALCO>162.50 CROMPGREAV>188; Watch HDIL>83.50
RCOM>105 if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HDIL See > 83.50 There is a slight upward bias; Watch this
HINDALCO In at 161.50, Out at 162.40
Hold>162.50, SL-159
There is more here today
TITAN Choppy with big gap-down opening; Avoid
ALBK Upward bias seen; Watch after 114.50
CROMPGREAV In at 188
Hold>188, SL-186
Should have got in earlier; Good chances here
RCOM See > 105 Good chances here also; Watch this

Like in the last few days, our Suggests are not performing in tandem to the overall
market and the progress of the Nifty, although many of them show good promise;
Do not lose patience; At the same time, 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, specially if you are holding;
Do not take unnecessary risks; Stay Away if you are not sure.

Just like yesterday, the positive bias we saw at the opening, is still very much
there after our last Update; New records have been set already by the Nifty; The
index is at 8260 now, deep in the green, up 60-points after opening; There is
more upside to come; First Support is now at 8230; There is only an
extended Resistance at 8300 now, before which we expect a pause;
Avoid taking big risks; Stay Away if you are not sure.

 


 

Please also see our Today's Performance or Details page