IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 10-Nov-2014


 

SUGGESTS:

 

AXISBANK

 

DLF

 

RANBAXY

 

ALSO SEE:

DISHTV

IDEA

ZEEL

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, 10-Nov-2014

SMS Pre-Market

Suggests: AXISBANK DLF RANBAXY;
Also See: DISHTV IDEA ZEEL;
Valid for date: 10-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8370, 8400, 8450;
NIFTY Support levels are: 8320, 8300, 8270, 8230, 8200;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected today for our markets following good
cues from Asian markets; Tracking the momentum, the Nifty is expected to
yet again test its all-time intraday high of 8365.55 set last Wednesday;
The Nifty had remained flat and undecided last Friday, breaking its run of
six consecutive winning sessions and setting records in each of the previous
four sessions as investors took profits; FII/FPI inflows continued in full
swing; On Friday, US stocks ended flat after the jobs report for October
trailed expectations even while showing solid growth; Asian shares are today
holding firm after US jobs data pointed to solid economic growth, while
China's export performance showed more resilience than some had expected;
At home, the market will react today to the expanded cabinet with 21 new
faces inducted in Modi's cabinet on Sunday; Plus there are many company
results to be released today; There are no other local cues before IIP and
CPI inflation on Wednesday; We expect some more consolidation and range
bound trading around 8350 today; First Support for the Nifty is now at
8320 with more Support at 8300-8290; 8370 is Resistance;
INR-US$ is at 61.4750; WTI Crude is at $78.65

 


 

SMS-1

10Nov(10:00) Flat openng; Going Choppy;
See RANBAXY>697 IDEA>170.30;
Watch DLF>134.50 ZEEL>374;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8340; Went up to above 8380 immediately
after opening to set another all-time record intraday high; But a distinct down
side has come in after hitting that high; Nifty is just below 8340 now, on the
line and likely to go down further; We expect the Support of 8320 to
hold; See these, if market upturn comes with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
RANBAXY 697 685 703 707 85
IDEA 170.30 167 172 174 350

Also watch DLF>134.50 and ZEEL>374 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

10Nov(11:00) Mkt -ve & flat; DLF gave profit; Hold DLF>137
if in; Watch RANBAXY>696 IDEA>170.50 ZEEL>374
now if mkt turns up; Careful today; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AXISBANK Flat & Choppy after a fall; Avoid, for now
DLF In at 134.50, Out at 137
Hold>137, SL-134
There can be more here, after a pause
RANBAXY See > 696 Flat around 690 now; Can be chances here
DISHTV Flat & Choppy; Avoid, for now
IDEA See > 170.50 A slow positive trend is seen here
ZEEL See > 374 Flat around 373; Chances seen here

Our Suggests are not looking very positive today; DLF has got stuck and the others
are going very slow; Today you have to be extra careful; Do not set your terminal to
auto-buy; Wait for triggers to be crossed confidently; But sudden chances can come
anytime; Be very alert; If you go in, take small profit and exit; Buy again if upside
continues; Do not take unnecessary risks; Stay Away if you are not sure.

After hitting a life-time high, the Nifty has taken a fall till the Support at 8320;
This Support is still holding, as was expected; Nifty at 8330 now fluctuating around
this area; Asian markets are still mostly green, the Rupee is still weak at 61.4700,
and there are no domestic cues; In this scenario, we think some more downside will
come once the Support at 8320 gives way; Next Support is at 8300-8290;
Avoid taking big risks; Stay Away if you are not sure.

 


 

Please also see our Today's Performance or Details page