IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 19-Nov-2014


 

SUGGESTS:

 

CROMPGREAV

 

IDBI

 

RCOM

 

ALSO SEE:

ALBK

RECLTD

SSLT

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, 19-Nov-2014

SMS Pre-Market

Suggests: CROMPGREAV IDBI RCOM;
Also See: ALBK RECLTD SSLT;
Valid for date: 19-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: 8410, 8390, 8350, 8320, 8290;

 

Pre-Market Alert: 9:15am

Another positive opening is expected for our markets today following good
cues from our Asian markets; Yesterday, our market ended a choppy session
in the red as Bulls took a breather after a two-day upmove; The benchmark
indexes hit fresh all-time highs yesterday but gave up early gains to close
flat at the end due to profit booking; Overnight, US stocks ended higher for
the fourth straight day with the Dow and S&P 500 closing at record highs,
lifted by further gains in healthcare shares and hopes for a stronger global
economy; Asian markets are trading mixed today morning; Japanese shares
are trading flat after PM Abe announced fresh elections and the proposed
hike in consumption tax was delayed; Investors will be looking at the Bank
of Japan meeting scheduled later today for cues; Later in the day, the US
Federal Reserve will release the minutes of its last policy meeting, which
markets will watch for any clues on when the Fed will start raising rates;
At home, there are no major event lined up at the domestic front, so, the
market will be guided by global cues, movement in currency space and FII
investments; The upward momentum is still high and strong Resistance at
8450-8460 is expected to be tested again today; 8350 remains as strong
Support; But today's market is uncertain as very much will depend on
global cues; We expect some consolidation before further movement;
INR-US$ is at 61.7350; WTI Crude is at $74.61

 


 

SMS-1

19Nov(10:00) Gap-up openng; Going Choppy;
See CROMPGREAV>206 SSLT>252;
Watch IDBI>75.20 RECLTD>338;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Positive opening for the Nifty today around 8440; Nifty went up to 8450 and
then came down sharply after opening today, into the red, to touch a low of 8420;
Trading choppy and flat now; At 8430, in the green; We expect the Nifty to trade
now with a negative bias, but get back to 8450 level today; See these,
if market upturn comes now with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CROMPGREAV 206 203 208 211 290
SSLT 252 248 254 257 230

Also watch IDBI>75.20 and RECLTD>338 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

19Nov(11:00) Mkt choppy; On the line; RECLTD gave profit;
Hold RECLTD>346 if in; Watch IDBI>75.20 SSLT>251.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CROMPGREAV Going flat & choppy; Watch after 206
IDBI See > 75.20 Showing signs of going up; But, be careful
RCOM Going flat now; Can turn up; Watch after 116
ALBK This is also going up; Watch after 123.50
RECLTD In at 338, Out at 346
Hold>346, SL-340
This has taken a pause; But more can come
SSLT See > 251.50 Flat now; But can turn up; Careful..

RECLTD is continuing its run from yesterday, and has given early profits; All our
other Suggests also look good at this time, but as always, be very careful in LONG in
such uncertain markets; Do not set your terminal to auto-buy at the triggers given;
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.

The Nifty has been very choppy since opening today and, after our last Update, another
fall has come after the initial bounce up from the Support at 8420; The Nifty went down
from 8435 to a low of 8412, from where it has bounced back again into the green now,
at 8430; Support at 8420-8410 is still holding; Asia is still mostly green and the
Rupee is still weak at 61.8550; We expect the Nifty to remain in the 8410-8450
range till such time that we get some trigger; Be careful in LONG;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

19Nov(12:30) Mkt in red; Choppy around line; No Suggest
gave profit; Only RECLTD>346 looks good for LONG
now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV Still flat & choppy; Avoid, for now
IDBI Choppy & uncertain; Avoid, for now
RCOM Just touched trigger at 116; Did not proceed;
So, no entry; But can turn up again
ALBK Flat & Uncertain; Watch after 123.50
RECLTD Hold>346, SL-340 The pause continues; But there can be more
SSLT Going down; Avoid, for now

None of our Suggests could do any good after our last Update, not even RECLTD; That
is the only candidate looking good at this time for giving more profits in LONG; There
are two others, that are also showing promise; Be alert and careful; Do not set your
terminal to auto-buy; Wait for triggers to be crossed with good margin; Do not
take unnecessary risks; Stay Away if you are not sure.

The Nifty continues to be choppy after our last Update, and has again gone down to the
Support at 8415; That Support at 8420-8410 is still holding; Nifty is at 8420 now, in
the red; Asia is still mostly green and Europe is expected to follow global leads and
open green; The Rupee is still weak, but holding at 61.8550; We expect the Nifty to
hover around the Support of 8410-8420 unless we get some trigger; 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

19Nov(2:30) Mkt deep in red; Strong -ve bias; No Suggest
gave profit; None look good for LONG now; Best to
Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CROMPGREAV All Suggests going down; None look good
for LONG now; Best to Stay Away
in the last hour
IDBI
RCOM
ALBK
RECLTD
SSLT

None of our Suggests could do any good after our last Update, and none looks good for
LONG now; The general market has started to fall badly; Although there is a definite
chance that the Nifty will turn around and start to go up, we feel you should Stay
Away from this market; Specially, if you have made some profits from RECLTD
today; Do not take unnecessary risks; Protect your profits.

The Nifty has taken a big fall from a flat position around the line at 8420, and has
gone down to touch 8360; Support at 8420-8410 has been broken and the Nifty has
slipped below the psychological mark of 8400; Nifty at 8375 now, in the red; There
was another Support at 8390 that has been broken, and the next Support at 8350 is
now to be tested; Asia is closing mostly green, but Europe has opened in the red
and is trading mostly in the red; The Rupee is still weak, but holding at 61.8750;
It was expected today that global matters will drive our markets, and so, a weak
Europe has given a chance for profit booking; We feel the Nifty will bounce back
before the Support of 8350, but how much recovery will come is difficult to say;
We already have a new all-time intraday high today, but the closing will be bad;
Do not take any undue risks in the last hour; Best to Stay Away now;
Today we will close red.

 


 

Please also see our Today's Performance or Details page