IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 05-Nov-2014


 

SUGGESTS:

 

ADANIPORTS

 

ANDHRABANK

 

DISHMAN

 

ALSO SEE:

APOLLOTYRE

HDIL

JINDALSTEL

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, 05-Nov-2014

SMS Pre-Market

Suggests: ADANIPORTS ANDHRABANK DISHMAN;
Also See: APOLLOTYRE HDIL JINDALSTEL;
Valid for: 05-Nov-2014; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8340, 8370, 8400;
NIFTY Support levels are: 8300, 8270, 8230, 8200, 8180;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected today for our markets following mixed
global cues; Tracking the momentum, the Nifty is expected to retest its
crucial psychological level of 8300 in trade today; On Monday, the Nifty
had opened gap-up but remained extremely range bound throughout the
day to finally end the day with a gain of just 2 points; Overnight, US
stocks ended lower as another big drop in oil prices dragged down energy
shares; At home, we expect some more consolidation at 8300 level before
any further uprise; First Support for the Nifty is still at 8290 today;
INR-US$ is at 61.3300; WTI Crude is at $77.19

 


 

SMS-1

05Nov(10:00) Gap-up openng; Going good;
See DISHMAN>168 APOLLOTYRE>237.50;
Watch ADANIPORTS>292.50 ANDHRABANK>86;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Small gap-up opening for the Nifty today around 8350; Last Monday's all-time
intraday high of 8350.60 has been overtaken immediately after the opening today;
Nifty at 8360 now, in the green; Going good with slight positive bias; We again
see range-bound trading here, around 8350, and hope that the opening gains are
held by the Nifty; See these, if market upturn comes with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 168 164 170 173 350
APOLLOTYRE 237.50 234 239 240 250

Also watch ADANIPORTS>292.50 and ANDHRABANK>86 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

05Nov(11:00) Mkt flat in green; DISHMAN gave profit;
Hold ANDHRABANK>86 DISHMAN>169.50 if in; Watch
APOLLOTYRE>236.50 HDIL>91 if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS Flat & Quiet; Not much chances seen now
ANDHRABANK In at 86
Hold>86, SL-84.50
Positive bias; This can give profits
DISHMAN In at 168, Out at 169.50
Hold>169.50, SL-167
Flat at 168 now; Be careful with this
APOLLOTYRE See > 236.50 Flat & quiet; There can be chances here later
HDIL See > 91 Slight positive bias; Can be chances here
JINDALSTEL Going down; Not much chances seen here

Our Suggests are tentative today 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.

The Nifty is flat and choppy around 8350, as was expected; Just above 8350 now,
in the green; It is good that the Nifty is able to hold position around 8350 now
as we had a jump up from 8100-level in just 3-sessions; First Support is now at
8330; More Support is at 8300-8290; Range-bound trading should continue
till we get some trigger; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

05Nov(12:30) Mkt in green; Choppy; ANDHRABANK gave profit;
No Suggest looks good for LONG now; Await Europe openng;
See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Going down; Avoid
ANDHRABANK Out at 87 Flat just above 86 at this time;
But there can be more later
DISHMAN No movement; Avoid this now
APOLLOTYRE Still very flat; But can flare up anytime
HDIL Very flat; Avoid this now
JINDALSTEL Going down; Avoid

Our Suggests have given adequate profits already, and if you have got some of it,
it is better that you close shop now and take home your profits for the day; No
point in holding on; Sudden downside can come any time due to profit booking at
such high levels; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has come down slightly from 8360-level to fluctuate around 8340 now;
Just below 8340 now, but still in the green; Support at 8330 is working, and
is the lower level of the range right now; Range-bound trading should continue
with slight negative bias, until we get some trigger; Asian markets are closing
mostly in the red, but Europe is expected to open good; The Rupee is also
good, holding at 61.3950; Be alert and careful; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

05Nov(2:30) Mkt in green; Choppy; No Suggest gave profit;
APOLLOTYRE>237 JINDALSTEL>166 good for LONG if
upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Flat & Choppy; Avoid
ANDHRABANK Still at 86; Avoid
DISHMAN No movement; Avoid
APOLLOTYRE See > 237 Some upward movement seen; Be very careful
HDIL Choppy & Ubcertain; Avoid
JINDALSTEL See > 166 Going up from 163; Be very careful

We have given levels for 2 of our Suggests above; But be very careful if you want
to want to take fresh entry in last hour; As we have said before, if you have made
any profits already today, it is better that you close shop now and take home your
profits; No point in playing any further and taking undue risks in last hour;
Protect your profits and go home; That is the best action, now.

The Nifty had taken a fall and had gone down to the line at 8325 before bouncing back
after our last Update; Nifty at 8350 now, in the green; A distinct positive bias is
now seen that will help the Nifty to recover all today's losses, we feel; A positive
opening in Europe and robust trading there has taken our markets up; The Rupee is
also steady at 61.4250; Support at 8330 has held for the day; The Resistance at
8370 is now being approached; This will be difficult to cross, we feel; But a
closing around 8350 is possible now; In any case, The Nifty has done very well
today, creating a all-time intraday high, and any closing in the green will
also create another all-time closing high; Today we will close green.

 


 

Please also see our Today's Performance or Details page