IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 03-Nov-2014


 

SUGGESTS:

 

IDFC

 

SYNDIBANK

 

TATASTEEL

 

ALSO SEE:

CROMPGREAV

DABUR

RPOWER

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, 03-Nov-2014

SMS Pre-Market

Suggests: IDFC SYNDIBANK TATASTEEL;
Also See: CROMPGREAV DABUR RPOWER;
Valid for: 03-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8340, 8370, 8400;
NIFTY Support levels are: 8290, 8260, 8230, 8200, 8180;

 

Pre-Market Alert: 9:15am

A good positive opening is expected today for our markets following firm
global cues and renewed FII buying; Tracking the momentum, the Nifty is
expected today to surpass its previous record high of 8330.75 made on
Friday on hopes that some of the Japanese central bank's stimulus money
will trickle into emerging markets including India; Global ratings agency
Moody's comment that it may consider a ratings upgrade on India also
boosted sentiment; However, we expect some consolidation at 8300 level
before any further uprise; First Support for the Nifty is now at 8290;
INR-US$ is at 61.5000; WTI Crude is at $80.54

 


 

SMS-1

03Nov(10:00) Gap-up openng; Going Flat;
See DABUR>230.50 RPOWER>78;
Watch IDFC>157 SYNDIBANK>129.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Small gap-up opening for the Nifty today around 8345; Last Friday's all-time
intraday high of 8330.75 has been overtaken at the opening itself; But after
opening, the Nifty has come down to touch a low of 8300; At 8310 now, in the
red; Going choppy and trying to recover into the green; We see range-bound trading
here, around the line; 8300 should hold; Meanwhile, you could have made some profits
already in LONG following PricePoints; RPOWER should have been in at 77.50 and
out at 78; If still in, Hold RPOWER>78 with a StopLoss of 76; Otherwise,
See these, if market upturn comes with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DABUR 230.50 227 233 236 260
RPOWER 78 76 79 80 760

Also watch IDFC>157 and SYNDIBANK>129.50 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

03Nov(11:00) Mkt choppy & flat around line; CROMPGREAV
RPOWER gave profit; Hold SYNDIBANK>129.50
RPOWER>79.70 if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IDFC Going down; Not much chances seen now
SYNDIBANK In at 129.50
Hold>129.50, SL-127
Stuck at 129; Go Marginal, if no movement
TATASTEEL Going down; Not much chances seen now
CROMPGREAV In at 189, Out at 191 Sudden profits came following PricePoints;
There can be chances again after 191
DABUR Going flat & Choppy; Can be chances here
RPOWER Out at 79.70
Hold>79.70, SL-78.50
Stuck just above 79; Watch this carefully

Today is a day to be very careful; As the market is consolidating; Be very alert,
specially if you are holding; Take small, small profits and exit; Buy again, if
uptrend continues; Do not get over-confident; Protect your profits;
Do not take unnecessary risks; Stay Away if you are not sure.

As was expected, the market has gone into consolidation today, after the fantastic
upsurge in the last week; The Nifty is in the red, just below the line, at 8310
now; 8300 is still holding; First Support is still at 8290; More Support is at
8270-8250; Range-bound trading should continue unless we get some
trigger; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

03Nov(12:30) Mkt in red; Choppy; SYNDIBANK CROMPGREAV
gave profit; Hold SYNDIBANK>131 CROMPGREAV>192.50
RPOWER>79.70; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IDFC Flat & Quiet; Avoid, for now
SYNDIBANK Out at 131
Hold>131, SL-128
Positive bias; There can be more here
TATASTEEL Flat & Choppy; Avoid, for now
CROMPGREAV Out at 192.50
Hold>192.50, SL-190
Levelled out at 192; But there can be more
DABUR Flat & Choppy; Avoid, for now
RPOWER Hold>79.70, SL-78.50 Still stuck at 79.50; Watch this carefully

Two of our Suggests have developed healthy positive bias and are in position to give
further profits today; However, the general market is flat and uncertain, and trading
in a range; This means, we have to be extra careful, if holding; Sudden downside
can come any time due to profit booking at such high levels; Take small, small
profits and exit; Buy again, if uptrend continues; Protect your profits;
Do not take unnecessary risks; Stay Away if you are not sure.

The consolidation in the Nifty continues, but the Bears do not have enough
strength to take the Nifty down very much further than the line; The Nifty is
at 8310 now, in the red; 8300 is still holding; First Support is still at 8290;
More Support is at 8270-8250; Local Resistance has been set at 8330 which
is holding since morning today; Range-bound trading should continue unless
we get some trigger; Asian markets are mixed but Europe is expected to open
good; The Rupee is also recovering at 61.3900; 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

03Nov(2:30) Mkt in red; Flat; CROMPGREAV RPOWER gave profit;
Hold SYNDIBANK>131 CROMPGREAV>193 RPOWER>80 if
upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IDFC Still flat & quiet; Avoid
SYNDIBANK Hold>131, SL-129 Still has positive bias; Keep watching
TATASTEEL No positive development; Avoid
CROMPGREAV Out at 193
Hold>193, SL-190
There can be more here today; Keep watching
DABUR There was big ups and downs that we did
not track; There can be more such swings
RPOWER Out at 80
Hold>80, SL-78.50
Has levelled out; Watch this very carefully

Our Suggests seem to have reached their tops and have levelled out now; Watch them
carefully, specially if you are holding; The general market remains flat and uncertain,
and trading in a range; Sudden downside can come anytime; In any case, adequate
profits have already come from our Suggests today, and it will be wise to close
shop now and take home your profits; Do not take unnecessary risks in
last hour; Stay Away if you are not sure.

The consolidation in the Nifty continues, and no one from the Bulls and Bears
are actually winning; The Nifty is still around 8315 now, in the red; 8300 is still
holding; First Support is still at 8290; And First Resistance is at 8330; Asian
markets are closing mixed but Europe is trading weak, mostly in red; The Rupee is
holding at 61.3950; Range-bound trading should continue unless we get some
trigger; And we earnestly hope that Nifty-8300 is held at closing today;
Do not take any undue risks in last hour; Today we will close flat/red.

 


 

Please also see our Today's Performance or Details page