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Alerts / Updates

for Wednesday, 26-Nov-2014


 

SUGGESTS:

 

BHEL

 

DABUR

 

VOLTAS

 

ALSO SEE:

HINDALCO

JINDALSAW

TVSMOTOR

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, 26-Nov-2014

SMS Pre-Market

Suggests: BHEL DABUR VOLTAS;
Also See: HINDALCO JINDALSAW TVSMOTOR;
Valid for date: 26-Nov-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8490, 8510, 8540, 8570, 8600;
NIFTY Support levels are: 8430, 8410, 8370, 8350, 8320;

 

Pre-Market Alert: 9:15am

A flat opening is expected for our markets today following mixed cues from
other Asian markets; Yesterday, our markets saw a sell-off as the Nifty came
down from a three-day winning streak and closed below its crucial psychological
level of 8500; Overnight, US stocks ended flat even though the US economy grew
more than expected last quarter; Asian markets are positive today morning after
data showing the US economy growing at a relatively solid pace calmed investor
anxiety over slowing global growth; At home, yesterday's correction was expected
at such high levels, specially since the rise has been so rapid; Today, our market
might bounce back after starting on a muted note as the overall trend is still
very positive; For the Nifty, first Support is at 8440-8430 while there is strong
Support at 8350; On the high side, the index may face Resistance near 8490-
8500 and after that at 8540; Some choppiness is expected till the F&O expiry
tomorrow; We expect the Nifty to get back to 8500-level in trade today;
INR-US$ is at 61.8500; WTI Crude is at $74.09

 


 

SMS-1

26Nov(10:00) Flat openng; Choppy & Flat;
See BHEL>271 VOLTAS>274;
Watch HINDALCO>165 TVSMOTOR>223;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8450; The Nifty has been flat and
choppy around the line after opening; At 8460 now, on the line; We expect
a slight positive bias to develop in this market in the next one hour;
See these if market upturn comes now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHEL 271 268 273 275 220
VOLTAS 274 270 276 278 220

Also watch HINDALCO>165 and TVSMOTOR>223 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

26Nov(11:00) Mkt -ve & flat; No Suggest gave profit; Hold
HINDALCO>165 if in; Watch VOLTAS>274 JINDALSAW>108
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL Uncertain; But there is chance here after 271
DABUR Going down; Avoid for now
VOLTAS See > 274 This is also uncertain; Be careful
HINDALCO In at 165
Hold>165, SL-162
Try to go Marginal here; Going down
JINDALSAW See > 108 We have already missed some chances here
TVSMOTOR Going flat now; There can be chances later

There is no great confidence in our Suggests today, mainly because the overall market
is quiet and un-decided; A downward slide might start like yesterday; This market is
risky; Be very careful with all of our Suggests today; Wait for the levels to be
crossed with confidence before you even consider to buy; Be very alert;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty is at 8450 now, in the red; A slight negative bias may be developing;
This 8450 is a first Support; Next Support is at 8430, which is expected to
hold today; We expect the Nifty to get into range-bound trading before that
level; For intraday, be careful in LONG if you want to enter fresh;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

26Nov(12:30) Mkt in red; Going Flat; None gave profit;
Hold VOLTAS>275 JINDALSAW>108 if in; Watch BHEL>271;
HINDALCO Marginal; Await Europe; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL See > 271 Flat at 269; There are chances; Careful..
DABUR Choppy & Going down; Avoid for now
VOLTAS In at 274, Out at 275
Hold>275, SL-272
Stuck below 274, There are chances
for more here; But be careful..
HINDALCO Out at 164.50 This will be Marginal today; Going down now
JINDALSAW In at 108
Hold>108, SL-106
Stuck below 108, There are chances
for more here; But be careful..
TVSMOTOR May go up now; There can be chances later

Our Suggests continue to under-perform today; HINDALCO has disappointed, VOLTAS
has delivered marginally and BHEL JINDALSAW is showing promise; We say again:
This flat and uncertain market is risky; Be very careful with all of our Suggests
today; Wait for levels to be crossed with confidence before you even consider
to buy; Be very alert; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty is still at 8450, in the red; No negative bias has developed after
our last update, as was feared by us; We expect the Nifty to remain in the 8430-
8470 range until we get some trigger; Asian markets are mostly in the green;
The Rupee is holding at 61.8450; Europe is seen opening higher after upbeat
US growth data; We feel that the Nifty will keep holding the Support at 8450-
8430 and attempt to get back into the green zone later in the day, specially
if Europe helps; Unless we get any negative trigger; Be alert and careful;
Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

26Nov(2:30) Mkt green; +ve bias; 4 Suggests gave profit; Hold
BHEL>273 VOLTAS>277 HINDALCO>166.50 JINDALSAW>110
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Out at 273
Hold>273, SL-269
Adaquate profits have come;
There are chances for more in last hour
DABUR Choppy & Uncertain; Avoid
VOLTAS Out at 277
Hold>277, SL-274
There are chances for more in last hour
HINDALCO Out at 166.50
Hold>166.50, SL-164
This has given chance to make some profits;
There are chances for more in last hour
JINDALSAW Out at 110
Hold>110, SL-108
Adaquate profits have come;
There are chances for more in last hour
TVSMOTOR May go up; But best to avoid this

Late in the day, our Suggests have started to perform well, in tune with the general
market, which has improved substantially; Maybe, it is time to wind up and take home
your profits now; Take a call depending on what kind of profits you have made till
now; Be very alert in the last hour; Protect your profits made till now;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has given a smart upswing taking it up from 8430-level, where we were at
the last Update, to touch a high of 8500 a little while back; Nifty at 8490 now, in
the green; Holding steady at this level and trading in 8480-8500 range since about
1:30pm; Globally, except for Japan and France, the whole world is in the green at
this time; Even these two are very marginally in the red; The Rupee is also steady
at 61.8900 now; We feel that the Nifty will find it difficult to cross the Resistance
at 8500-8510 today, and might slip back a little; But it should keep within the
green zone at closing time today; Do not take unnecessary risks in the last
hour; Protect your profits; Stay Away if you are not sure;
Today we will close green/flat.

 


 

Please also see our Today's Performance or Details page