IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 12-Nov-2014


 

SUGGESTS:

 

ALBK

 

IBREALEST

 

TATASTEEL

 

ALSO SEE:

ADANIENT

AMTEKAUTO

IDBI

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, 12-Nov-2014

SMS Pre-Market

Suggests: ALBK IBREALEST TATASTEEL;
Also See: ADANIENT AMTEKAUTO IDBI;
Valid for: 12-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

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

 

Pre-Market Alert: 9:15am

A positive opening is expected today also for our markets following positive
trend seen in global markets; The Nifty is again expected to surpass its all-
time highs in intraday and closing; Yesterday, the Nifty recouped intraday
losses and closed above its crucial psychological level of 8350 to a fresh
closing high of 8362.65 after it bounced back from the Support of 8320 on
hopes that easing consumer inflation, data which is due today, would help
pave the way for lower interest rates by RBI; Overnight, US stocks closed
at record highs with the Dow and S&P 500 giving a fifth session of record
closing highs; Asian shares are trading mixed today morning, but Japan is
still on a high, about +1.25% in the green; At home, market players will
watch out for September IIP data and October CPI data expected later in
the day; Both are expected to be positive for the markets; As such,
Nifty-8400 is the target today, with good Support at 8340-8320;
INR-US$ is at 61.5330; WTI Crude is at $77.94

 


 

SMS-1

12Nov(10:00) 20-pt gap-up openng; Choppy;
See IBREALEST>80.20 ADANIENT>490;
Watch ALBK>121.50 IDBI>72.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Small, 20-point gap-up opening for the Nifty today around 8380; Nifty has been
flat and choppy after opening; At 8390 now, in the green; There is a positive
bias developing slowly at this time; Already a new all-time intraday high has
been created by the Nifty today; And there is more to come; Resistance at
8400 is being tested now; See these, if market upturn holds now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
IBREALEST 80.20 79 81 82 740
ADANIENT 490 485 493 495 120

Also watch ALBK>121.50 and IDBI>72.50 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

12Nov(11:00) Mkt +ve & flat; No Suggest gave profit; Watch
IBREALEST>80 TATASTEEL>480 AMTEKAUTO>192
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ALBK Going down; Uncertain; Avoid, for now
IBREALEST See > 80 Flat & Quiet; May have some chances
TATASTEEL See > 480 Recovering after a fall; Can be chances here
ADANIENT Big fall after touching trigger;
May recover fast; Avoid, for now
AMTEKAUTO See > 192 Flat & Quiet; May have some chances
IDBI Uncertain now; May have chances later

Disappointing performance by our Suggests, considering the good progress made by
the Nifty; A false start by ADANIENT has been the highlight for our Suggests till now
today; Some of them show promise now, but be very careful when you handle them;
Do not set your terminal to auto-buy; Wait for triggers to be crossed confidently;
Take small profit and exit; Be very alert; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty has made another new intraday high; And the psychological level of 8400
has already been touched; Nifty at 8400 now, in the green; Resistance at 8400 is
still intact, technically; The main job for the Nifty will be to hold this 8400-level
now; Asian markets are still mixed, with Japan still over +1.2% in green; The
Rupee is also recovering slowly and is at 61.4750 now; GST-step by the Modi
Govt is a step that should be liked by the market; We should see more upside
if domestic data comes good; That will help Nifty to hold 8400-level;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

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

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ALBK Slight positive trend might come in;
Watch this now
IBREALEST In at 80, Out at 80.50 The movement was very sudden;
This can give another sudden upside
TATASTEEL Like ADANIENT earlier, the Trigger was just
touched; Then this started to fall; Avoid
ADANIENT Holding flat & steady at 488; Watch this now
AMTEKAUTO This is also holding at 191; Watch this
IDBI Still uncertain; Avoid for now

We are not at all confident with our Suggests today; Two of them have given false
starts and one has given a very sharp rise; It required a very experienced hand to
get those small profits in IBREALEST; Some of our Suggests show promise now, but
as before, be very careful when you handle them; Do not set your terminal to auto-
buy; Watch and wait for upsides to come confidently; Be very alert and get in
only if you are 100% sure; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty had gone up to touch 8415 before a slide was triggered by such high levels;
Down below 8400 now, at 8395, in the green; Flat and choppy in the narrow band of
8390-8400; Asian markets are still mixed but Japan has given up most of its gains;
Europe is expected to open mostly green and the Rupee is holding at 61.4950; For
our market, lowering of diesel prices and BJP's wins of the trust vote in Maharashtra
Assembly are having no effect; Market is awaiting IIP and inflation data; As we said
before, we should see more upside if domestic data comes good; But the current
job for the Nifty is to hold 8400-level; Be alert and careful; Do not take
undue risks; Stay Away if you are not sure.

 


 

SMS-4

12Nov(2:30) Mkt in green; -ve bias; 3 Suggests gave profit;
Hold AMTEKAUTO>193 if still in; No other looks good for
LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ALBK In at 122, Out at 123 There were profits here; But there was
a fall after that; Can be a 2nd innings
IBREALEST Out at 81 More risky profits have come; Avoid
TATASTEEL Going down; Avoid
ADANIENT Very choppy and risky; Avoid
AMTEKAUTO In at 192, Out at 193
Hold>193, SL-189
This has scope of giving more profits today
IDBI Uncertain & Choppy; Avoid

Some profits have come from our Suggests, and this time, ALBK AMTEKAUTO gave
smooth profits; There can be more from AMTEKAUTO, but the others do not look
good in last hour; Protect your profits; Do not take unnecessary risks;
Stay Away if you are not sure.

The downside that had started after the Nifty touched a high of 8415 is still
continuing; Nifty at 8380 now, still in the green, but most of the gains of the
day have been erased; 8400-level could not be held by the Nifty; Mainly because
Europe has opened red and is going down further, Asia is closing mixed, and
the Rupee is still weak at 61.4925; Domestic data is yet to come; At this time,
a closing in the green today is under question; However, we feel a smart
upside will come today and we will get a closing around 8400; There is
Support at 8370-8360; Today we will close green.

 


 

Please also see our Today's Performance or Details page