IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 17-Nov-2014


 

SUGGESTS:

 

JINDALSAW

 

LICHSGFIN

 

VOLTAS

 

ALSO SEE:

ASIANPAINT

CAIRN

NMDC

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, 17-Nov-2014

SMS Pre-Market

Suggests: JINDALSAW LICHSGFIN VOLTAS;
Also See: ASIANPAINT CAIRN NMDC;
Valid for: 17-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8410, 8450, 8490;
NIFTY Support levels are: 8350, 8320, 8290, 8260, 8230;

 

Pre-Market Alert: 9:15am

A negative-to-flat opening is expected for our markets today on the back of
down Asian cues; Last Friday, the Nifty gave us another listless performance
and traded flat and choppy for most of the day; However, with WPI inflation
cooling to a 5-year low in October strengthening hopes of a rate cut by RBI,
the Nifty went back to 8400-level and ended at another all-time closing high
of 8389.90; The Sensex also reclaimed the key 28000 mark to hit the day's
high of 28093.23 and a closing high of 28046.66 as buying picked up; US
stocks posted their fourth straight week of increases on Friday, but ended
little changed as losses in healthcare shares offset gains in energy; Asian
markets are trading weak today on news that Japan has unexpectedly
fallen into recession in the third quarter; At home, there are no further
local inputs, and market trend will now depend on FII inflows and global
directions, and on further reform initiatives by the government; Market is
likely to take cues from the further policy announcement by govt in its
winter session of parliament; Today's market is expected to be more on
the downside and Nifty Support at 8320 will be tested again today;
Time to be careful if you are playing for LONG in intraday;
INR-US$ is at 61.6600; WTI Crude is at $77.74

 


 

SMS-1

17Nov(10:00) Gap-down openng; Going Flat;
See JINDALSAW>101.50 ASIANPAINT>687;
Watch LICHSGFIN>427 CAIRN>269;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Negative opening for the Nifty today around 8370; Nifty has been flat and choppy
since opening, and has been fluctuating in the 8360-8380 band; Nifty at 8375
now, in the red; We expect the Nifty to carry on in this range for some time,
unless we get some trigger; See these, if market upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
JINDALSAW 101.50 98 103 104 590
ASIANPAINT 687 680 691 698 80

Also watch LICHSGFIN>427 and CAIRN>269 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

17Nov(11:30) Mkt -ve & going down; ASIANPAINT gave profit;
Hold ASIANPAINT>692 if in; Watch JINDALSAW>101.50
NMDC>154 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:30am

Suggest Action - for LONG Comments
JINDALSAW See > 101.50 Choppy; Chances should come here
LICHSGFIN Went down in steps; Can turn around
VOLTAS Very flat & uncertain; Watch after 273
ASIANPAINT In at 687, Out at 692
Hold>692, SL-685
Has flattened out now; More can come
CAIRN Flat & Uncertain; This can also turn up
NMDC See > 154 Has come down; But can turn around

ASIANPAINTS can give more profits, and 2 other of our Suggests have shown promise;
But be careful will all 6 as the overall market is down; Do not set your terminal
to auto-buy at the triggers given above; Wait for triggers to be crossed with
confidence; Then wait some more to confirm a positive direction; Take small
profit and exit; Be very alert; Do not take unnecessary risks;
Stay Away if you are not sure.

Today is a bad day for the Indian markets as the Nifty has started in the red and has
gone down steadily; Nifty at 8355 now, in the red; There is Support at 8350 and
this Support has stopped the Nifty from going down twice already; But this Support
will not hold for long, and 8320 will be tested today, we feel; Asia is mostly red as
Japan is over -3% down; Europe is expected to open in red due to Japan recession;
The Rupee is weak and holding at 61.6650 now; We expect a slight positive trend to
come before closing today; But before that, be careful; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

17Nov(12:30) Mkt in red; Going up; JINDALSAW gave profit;
Hold JINDALSAW>103 if in; See ASIANPAINT>692 again;
No other looks good now; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
JINDALSAW In at 101.50, Out at 103
Hold>103, SL-100
More chances should come here
LICHSGFIN Still going down; Avoid, for now
VOLTAS Still flat & uncertain; Avoid, for now
ASIANPAINT See > 692 Has come down slightly after our last Update;
Can come up again later today
CAIRN Choppy & Uncertain; Avoid, for now
NMDC Going down steadily; Avoid, for now

JINDALSAW has joined ASIANPAINTS to give profits today; No other of our Suggests
look good for profits today, and should be avaided unless you get a very good
opportunity; Be careful will all 6 as the overall market is down; Do not take
unnecessary risks; Stay Away if you are not sure.

The Support for the Nifty at 8350 is still holding; Nifty is at 8365 now, in the red;
Having come up from 8350, that was attempted to be broken three times today; But
there is no particular bias seen here, and the positive trend we expected before closing
today, has not really come as yet; Asia is still mostly in the red with Japan still about
-3% down; Europe is expected to open in red due to Japan recession; The Rupee is
still weak at 61.6850; We expect a slight positive trend to come before closing
today; 8400 for the Nifty may be very far away, but upto 8380 may be a
possibility; Unless we get some negative trigger; Be alert and careful;
Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

17Nov(2:30) Mkt in green; Strong +ve bias; 3 Suggests gave profit;
Hold JINDALSAW>103 VOLTAS>278.50 ASIANPAINT>695;
No other good for LONG now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
JINDALSAW Out at 103.50
Hold>103.50, SL-100
This has flattened out; Maybe nothing more
can come from here; Be careful, if holding
LICHSGFIN This might turn up; Watch after 422
VOLTAS In at 275, Out at 278.50
Hold>278.50, SL-275
There were chances following PricePoints,
although we said "Avoid, for now"
ASIANPAINT Out at 694.50
Hold>695, SL-690
This is finding it difficult to cross 695;
Be careful of downside here
CAIRN Going up slowly; But very Choppy; Avoid
NMDC Uncertain & risky; Avoid

Now VOLTAS has joined JINDALSAW and ASIANPAINTS to give profits today; Although
we have said Hold for these 3, it is best that you Stay Away if you have made your
profits today; There has been very good progress in the general market in the last
2 hours, but we are going into un-charted territory; Be very alert if you are
holding; Do not take unnecessary risks; Protect your profits;
Stay Away if you are not sure.

All our predictions have come out wrong; And we are happy for that! From the low
of 8350 that we reported in our last Update, the Nifty has given a smart rise right
through 8380 into the green and past 8400 rather easily; Nifty is at 8415 now,
which is the record of all-time intraday high, and a new record will be created
today; Any green closing will also create another all-time closing high; World
markets are almost all in red, and the Rupee is weak at 61.6805; But Japan's
recession is being seen as a positive for India; Supported by good inflation
figures and other good macros; Some more upside is expected in last
hour; Today we will close green.

 


 

Please also see our Today's Performance or Details page