IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 18-Nov-2014


 

SUGGESTS:

 

JINDALSAW

 

RECLTD

 

VOLTAS

 

ALSO SEE:

IRB

ORIENTBANK

RCOM

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, 18-Nov-2014

SMS Pre-Market

Suggests: JINDALSAW RECLTD VOLTAS;
Also See: IRB ORIENTBANK RCOM;
Valid for date: 18-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8450, 8490, 8530;
NIFTY Support levels are: 8390, 8350, 8320, 8290, 8260;

 

Pre-Market Alert: 9:15am

A positive opening is expected for our markets today following positive
trading in other Asian markets; Yesterday, the Nifty gave us a fantastic
run-up in the second half in which all previous records were broken; The
index bounced back from key support level of 8350 to hit its fresh life-
time high of 8438.10 and closed above 8400 for the first time after data
showed that trade deficit in October narrowed compared to the previous
month; Overnight, US stocks ended higher with the S&P 500 closing at
a record high as deal activity worth $100 billion and hopes of even more
European stimulus offset concerns about growth after Japan's economy
slipped into recession: Asian markets are trading mostly in the green today
morning, with Japan recovering at +1.6% in the green just now; At home,
the upward momentum is still high and strong Resistance at 8450-8460
is expected to be tested today; 8350 remains as the immediate Support
zone; Today's market is expected to be range-bound in the 8420-8460
zone as we expect some consolidation before further movement;
INR-US$ is at 61.7980; WTI Crude is at $75.64

 


 

SMS-1

18Nov(10:00) Positive openng; Going Flat;
See IRB>285 RCOM>108.50;
Watch RECLTD>333 VOLTAS>276;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Positive opening for the Nifty today around 8440; Nifty has been flat and choppy
since opening, and has been fluctuating in the 8430-8450 band; Nifty at 8440
now, in the green; A new life-time intraday high has already been set; 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 increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
IRB 285 281 287 290 210
RCOM 108.50 106 109.50 111 550

Also watch RECLTD>333 and VOLTAS>276 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

18Nov(11:00) Mkt +ve & flat; RCOM gave profit; RECLTD
Marginal; Hold RCOM>113.50 if in; Watch VOLTAS>276
IRB>285 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
JINDALSAW Choppy; Going down; Avoid, for now
RECLTD In at 333; Out at 334 Marginal, till now; Can turn up later
VOLTAS See > 276 Has become flat after fall; Can turn up
IRB See > 285 We missed a smart 2/- rise at the start;
Has flattened out now; Can turn up again
ORIENTBANK Going down; Avoid, for now
RCOM In at 108.50, Out at 113.50
Hold>113.50, SL-111
Has started to come down now after a
good run-up; But can turn up again; Careful..

Be careful with ALL our Suggests today as we do not feel very confident with any of
them; Overall market is also uncertain; 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.

As we had said, the Nifty has remained quiet and range-bound in the 8420-8450 zone
since opening today; A higher-bottom higher-top pattern has been seen, suggesting
a slight positive bias might come in; Asia is still mostly green with Japan over +2%
positive; But the Rupee is weak at 61.7800; We do not expect much movement in
the Nifty for some time; 8420-8450 will be the range unless we get some trigger;
Be careful in LONG; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

18Nov(12:30) Mkt in green; Flat & Quiet; RCOM added profit;
RECLTD IRB Marginal; No Suggest looks good at this
time; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
JINDALSAW Going flat; May turn up; Watch after 101.50
RECLTD Marginal at 333 Showing signs of turning up; Watch this
VOLTAS This also showing signs of turning up;
Watch after 276
IRB Marginal at 285 There was another uprise, but it got stopped
at our Trigger of 285; Careful..
ORIENTBANK Going down; Avoid
RCOM Out at 114 There can be another opportunity here after 114

Like we said before, we do not feel very confident with any of our Suggests today;
So, if you have made any profits with RCOM till now, it is best to give up and take
home your profits; Overall market has started to go down; Be alert and careful
if you decide to stay and go LONG; Do not take unnecessary risks; Stay
Away if you are not sure; Stay Away if you are already in profit.

The Nifty is still within the opening range of 8420-8450, but the trading is now near the
bottom end of this range; Nifty is at 8430 now, on the line; It has hit a low of 8425,
which is in the red zone, from a high of 8455 after our last Update; As we had correctly
predicted, no positive bias has come; Asia is still mostly trading in the green with Japan
recovering fast; But the Rupee remains weak at 61.7650; As before, we do not expect
much movement in the Nifty for some time; 8420-8450 will be the range unless we
get some trigger; Like yesterday, we expect a slight positive trend to come before
closing today; Be alert and careful; Do not take undue risks; Stay Away if
you are not sure; Stay Away if you are already in profit.

 


 

SMS-4

18Nov(2:30) Mkt in red; Choppy; 3 Suggests gave profit;
Only RCOM>115 looks good for more profits in LONG
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
JINDALSAW Going down now; Avoid now
RECLTD Out at 344.50 This has turned up smartly; Giving good
profits; Going flat now; Avoid now
VOLTAS Not much upside after 276; Avoid now
IRB Out at 286.80 Sudden profits have come; Flat now; Avoid
ORIENTBANK Going down; Avoid now
RCOM Out at 115
Hold>115, SL-111
Flat now; There can be some more; Careful..

Some more profits have come from our 3 performers today; It is absolutely fine now
to take home your profits and close shop, if you have made any profits today from
any of these 3; Unless you are in RCOM still now; Overall market has become
choppy around the line; Do not take unnecessary risks; Protect your profits.

The Nifty has taken a small fall after our last Update and has come out of the earlier
range; A low of 8410 has been touched; But technically, the Support at 8420 has not
been breached as yet; After 8410 the Nifty has bounced back up to the line at 8430
and is at 8435 now; Support at 8420 is still holding; Asia is closing mostly in the
green with Japan up over +2%, and Europe is trading all in the green; The Rupee
is also holding steady at 61.7550; As before, we do not expect much movement
in the Nifty in the last hour, unless we get some trigger - positive or negative; The
slight positive trend expected before closing today may not come; But the record-
breaking spree continues as we already have a new all-time intraday high, and
any green closing will also create another all-time closing high;
Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page