IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 11-Nov-2014


 

SUGGESTS:

 

ITC

 

JETAIRWAYS

 

POWERGRID

 

ALSO SEE:

INDIANB

IRB

VOLTAS

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 Tuesday, 11-Nov-2014

SMS Pre-Market

Suggests: ITC JETAIRWAYS POWERGRID;
Also See: INDIANB IRB VOLTAS;
Valid for date: 11-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8360, 8380, 8400, 8450;
NIFTY Support levels are: 8320, 8290, 8270, 8230, 8200;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected today also for our markets following
positive cues from global markets; The Nifty is again expected to surpass
the all-time high of 8383.05 set yesterday; Yesterday, the Nifty oscillated
in and out of the negative territory to finally end the session with a small
gain of only 7 points; Overnight, US stocks ended higher as the Dow and
S&P 500 hit yet another record closing high for the 4th session; Most Asian
markets are trading higher today morning; At home, there are no other local
cues before IIP and CPI inflation tomorrow; The sideways activity of past
few sessions is likely to change to upside movement and the momentum
may catch up again as long as Nifty stays above the strong Support of
8290; First Support is still at 8320; 8370 is first Resistance;
INR-US$ is at 61.5450; WTI Crude is at $77.40

 


 

SMS-1

11Nov(10:00) Gap-up openng; Going up slowly;
See ITC>371 IRB>278.50;
Watch POWERGRID>151.50 INDIANB>181;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-up opening for the Nifty today around 8360; Nifty has been flat and
quiet after opening between 8350 and 8375, in the green; There is no bias
seen to develop at this time; Resistance at 8370-8380 is being tested
now; See these, if market upturn comes with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 371 367 374 378 160
IRB 278.50 276 281 284 210

Also watch POWERGRID>151.50 and INDIANB>181 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

11Nov(11:00) Mkt +ve & flat; No Suggest gave profit;
Watch POWERGRID>150 VOLTAS>262 now if mkt
turns up; Careful today; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ITC Going down; Avoid, for now
JETAIRWAYS Going down; Avoid, for now
POWERGRID See > 150 Flat around 149.50; Can be chances here
INDIANB Going down; Avoid, for now
IRB Never reached trigger again; Avoid now
VOLTAS See > 262 Flat around 260; Chances seen here

Our Suggests have not been able to provide much hope for profits today, till now; Two of them show promise, but we are not very enthusiastic about them; 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.

The Nifty has been quiet and range-bound since opening today; At 8360 now, in
the green; Resistance at 8370-8380 is still intact; But it is good that the Nifty is
holding position above 8350; Asian markets are still mostly green, with Japan
on 7-year high; The Rupee is still weak, but holding at 61.5550; There are no
domestic cues; We expect the Nifty to remain in the green and above 8350
for some more time; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

11Nov(12:30) Mkt in red; Uncertain; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ITC Still Going down; Avoid, for now
JETAIRWAYS Same here; Going down; Avoid
POWERGRID Still flat around 149; Avoid
INDIANB Very choppy; But chances above 179
IRB Recovering; There can be chances above 275
VOLTAS This is also recovering; Watch this

As we indicated in our earlier Update, our Suggests do not look good today; None have
given any profits today, so far, and none look very positive now, in LONG; But sudden
chances can always come anytime; Be very alert and get in only if you are 100% sure;
Do not take unnecessary risks; It is better to go profit-less, rather than going
into a loss; Stay Away if you are not sure.

The Nifty has taken a fall after our last Update and has hit a low of 8320; This is
a Support level and the Nifty has stopped going down at this level; At 8335 now, in
the red; We feel the Support at 8320 will hold and we might see some upside from
here; Asian markets have turned mixed, but Europe is expected to open in the green;
The Rupee is still weak at 61.5655 now; We expect the Nifty to get back into the
green and above 8350; Be alert and careful; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

11Nov(2:30) Mkt on line; Flat; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; Careful.. See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ITC Going down further; Avoid
JETAIRWAYS Some signs of recovery seen; Careful..
POWERGRID Choppy & Flat; Avoid
INDIANB Still very choppy; Chances above 179
IRB Flat & Quiet; Watch this above 275
VOLTAS Still recovering; Watch this above 258

Looks like we will go profit-less today; Such things happen; It is better than going
into loss; Some levels have been given above, but we are not confident about them;
Do not take unnecessary risks in last hour; Stay Away if you are not sure.

The Nifty is in consolidation mood, and is fluctuating just around the line; The
slight positive trend we saw in our last Update, after the Nifty bounced back from
the Support of 8320, is gone; The index is at 8350 now, in the green, fluctuating
in the 8335-8355 band; Asian markets are closing mixed, but Europe is fully in
the green; The Rupee is still weak at 61.6050 now; We expect the Nifty to hold
position above 8350; Support at 8320 should hold for the day; We expect
a closing above 8350 for the Nifty; Today we will close green/flat.

 


 

Please also see our Today's Performance or Details page