IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 21-Nov-2014


 

SUGGESTS:

 

HEXAWARE

 

IDEA

 

JINDALSAW

 

ALSO SEE:

ADANIPORTS

CAIRN

CIPLA

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 Friday, 21-Nov-2014

SMS Pre-Market

Suggests: HEXAWARE IDEA JINDALSAW;
Also See: ADANIPORTS CAIRN CIPLA;
Valid for date: 21-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8415, 8450, 8490, 8530;
NIFTY Support levels are: 8370, 8350, 8320, 8290, 8260;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected for our markets today following weakness
in select Asian markets which remains subdued despite sharp overnight gains on
Wall Street; Yesterday, shares edged up in the late hours as exporters and IT
giants rallied after the Rupee fell to a nine-month low, although the weaker
local currency tempered hopes of interest rate cuts; The Nifty had re-gained
8400-level on closing basis yesterday; Overnight, US stocks ended marginally
higher as data showed further strength in the US economy and Intel gave an
upbeat forecast; Asian shares are trading mixed today morning; At home, no
cues are expected from the domestic front, and as before, global cues will rule;
The overall mid-term trend is still positive for our markets and we again expect
the same range-bound trading today also; 8350 remains as strong Support,
and 8450-8460 on the up-side will be difficult to cross without a trigger;
But the immediate bias is expected to be on the upside today.
INR-US$ is at 61.9000; WTI Crude is at $75.58

 


 

SMS-1

21Nov(10:00) Flat openng; Going Up sharply;
See ADANIPORTS>305 CAIRN>271;
Watch JINDALSAW>107.50 CIPLA>644;
For LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8410; A sharp positive bias has set in
after opening, and the Nifty has surged upwards till 8460; Nifty is at 8450 now,
in green; A new life-high has already been set by the Nifty surpassing previous
high of 8455.65; Meanwhile, ADANIPORTS could have already given you some
profits in LONG following PricePoints; ADANIPORTS should have been in at 302
and out at 304; See these, if market upturn continues now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIPORTS 305 302 307 309 190
CAIRN 271 267 273 275 220

Also watch JINDALSAW>107.50 and CIPLA>644 if upsurge
strengthens now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

21Nov(11:00) Mkt +ve & flat; No Suggest gave profit;
Hold ADANIPORTS>305 if in; Watch CIPLA>643
now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HEXAWARE Going flat & choppy; But can turn up later
IDEA Very choppy & uncertain; Avoid, for now
JINDALSAW Choppy & uncertain today; Avoid, for now
ADANIPORTS In at 302, Out at 304.50
Hold>305, SL-301
This has got stuck at 304; Can go up
CAIRN This also has chances of going up;
Watch after 271.50
CIPLA See > 643 Slight positive trend might come in

Considering the progress made by the Nifty so far today, our Suggests have not been
up to the mark; ADANIPORTS was before our first Update, and then there is nothing;
Today, therefore, is a day to be cautious with our Suggests; Be very careful and 100%
sure when you want to enter fresh today; Be very alert; Do not take unnecessary
risks; Sudden downside can come anytime; Stay Away if you are not sure.

The Nifty is climbing from strength to strength; Previous all-time high of 8455.65
has been shattered; Nifty is at 8460 now, and more upside is yet to come; Though
Resistance at 8450 has not been technically crossed as yet, it will be crossed anytime
now, we feel; Momentum upwards is very strong; After this we are in totally uncharted
territory, and there are no fixed boundaries; But 8490 is the next extended Resistance;
Asia is still mixed, but the Rupee is recovering fast and is at 61.8750 now; New US
immigration reforms revealed last night is a big positive for us, feel experts; All these
are pulling our markets up; But for intraday now, be careful in LONG if holding or
entering fresh; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

21Nov(12:30) Mkt in green; Going Flat; CAIRN gave profit;
No Suggest looks good for LONG now; Await Europe openng;
See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HEXAWARE Falling down now; Avoid
IDEA Very choppy & uncertain; Avoid
JINDALSAW Choppy & uncertain today; Avoid
ADANIPORTS No progress after the last Update; Avoid
CAIRN In at 271.50; Out at 273 There can be more here, but be careful
CIPLA Coming up now; Can give profits after 640

As expected by us, none of our Suggests have been able to do anything much since
our last Update; CAIRN has added slight profits, but ADANIPORTS has not progressed
at all; But CIPLA is showing some promise; Be very careful and 100% sure when you
want to enter fresh today; Be very alert; Do not take unnecessary risks; Sudden
downside can come anytime; Stay Away if you are not sure.

The Nifty is doing well to hold such high levels; At 8460 now, having reached a top
of 8480; This 8480 is the new Resistance; Earlier Resistance at 8450 has been
crossed and will now turn into a Support; Asia is now closing mostly in the green,
Europe is expected to open in green, and the Rupee is still weak, but holding at
61.8600; We expect the Nifty to hold current levels and get into range-bound
trading now; 8450-8480 will be this range, unless we get another trigger;
Be alert and careful; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

21Nov(2:30) Mkt in green; +ve bias; No Suggest gave
profit; None looks good for LONG now; Best to
Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HEXAWARE Flat & Choppy; Avoid
IDEA Still choppy & uncertain; Avoid
JINDALSAW Choppy & uncertain today; Avoid
ADANIPORTS Choppy & uncertain now; Avoid
CAIRN Flat at 272; Sudden upsurge possible
CIPLA Going down; Avoid

None of our Suggests have been able to do anything much today; Overall, today was a
disappointing day; Specially when you consider the fact that the Nifty has done very
well indeed; No point in pushing our luck today, it is best to Stay Away now; Needless
to say, be very careful if you want to get in now in the last hour; We strongly advice
against it, unless you get a very good opportunity; Protect your profits; Do not
take unnecessary risks; Stay Away if you are already in profit;
Stay Away if you are not sure.

The Nifty keeps doing good; At 8480 now, in the green; Life-time intraday high record
has already been set, and a closing at these levels will also give a all-time closing
high, currently at 8430.75; World markets are supportive with Asia closing mostly
green and Europe trading all in the green; The Rupee is also holding steady and is
at 61.8350 now; 8500 is the logical target for the Nifty at this time, but we do
not think that will be possible today; Do not take unnecessary risks in the
last hour; Best to Stay Away now if you are already in profit;
Today we will close green.

 


 

Please also see our Today's Performance or Details page