IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 01-Dec-2014


 

SUGGESTS:

 

ALBK

 

IBREALEST

 

TATASTEEL

 

ALSO SEE:

APOLLOTYRE

BHEL

IDBI

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, 01-Dec-2014

SMS Pre-Market

Suggests: ALBK IBREALEST TATASTEEL;
Also See: APOLLOTYRE BHEL IDBI;
Valid for date: 01-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8620, 8650, 8690, 8740;
NIFTY Support levels are: 8530, 8500, 8450, 8420, 8400;

 

Pre-Market Alert: 9:15am

A positive opening is expected for our markets today following strong Q2 GDP
data released Friday after closing hours, and following strong upward momentum
that saw the Nifty cross 8600-level for the first time ever on Friday; But the going
will be somewhat pulled-back by negative cues from other Asian markets and big
fall in the Rupee; Overnight, US stocks ended mostly flat in a holiday-shortened
session on Friday, but major indexes rose for a 6th straight week; Asian markets
are trading all in the red except for China and Japan as oil prices has gone down
sharply; At home, the mood is high and Nifty-8600 at closing today is the natural
expectation; But some choppiness will be there if global cues don't turn positive;
HSBC manufacturing PMI data is expected to be out later today; Upcoming RBI
policy meeting will be crucial in terms of rate change; 8530 is the first Support
for the Nifty today; Strong Support is at 8500; On the upside, we are still
in unchartered territory but 8620 is the first Resistance;
INR-US$ is at 62.2200; WTI Crude is at $66.15

 


 

SMS-1

01Dec(10:00) Gap-up openng; Going choppy;
See TATASTEEL>473 APOLLOTYRE>236;
Watch ALBK>122.50 IDBI>281;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Small gap-up opening for the Nifty today around 8605; The Nifty had gone up
to 8619 immediately after opening, which is another life-time high for the index;
Trading choppy now, in the green, around 8600-mark, in the 8580-8620 range;
We expect the Nifty to consolidate around 8600 for the next 1-hour; A slight
negative bias might develop; See these if market upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATASTEEL 473 468 476 481 120
APOLLOTYRE 236 233 238 240 250

Also watch ALBK>122.50 and IDBI>281 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

01Dec(11:00) Mkt -ve & flat; No Suggest gave profit; Watch
ALBK>122 TATASTEEL>472 APOLLOTYRE>236 now
if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ALBK See > 122 Choppy & quiet; But there can be chance here
IBREALEST Took a big fall; Going flat now; Watch this
TATASTEEL See > 472 Flat & Quiet; Watch this
APOLLOTYRE See > 236 Looks best for giving some returns today
BHEL Took a fall; Very Choppy; Avoid, for now
IDBI This also took a fall; Avoid, for now

Our Suggests have not got any good start today; Except for one, they all look tentative
as of now; Be careful in LONG today; Do not set your terminal to auto-buy at trigger
given; Wait for trigger to be crossed confidently, then wait some more; Be 100%
sure that there is upward trend before you buy; Then take small profit and exit;
Buy again if prices keep going up; Do not take unnecessary risks;
Be very alert; Stay Away if you are not sure.

The Nifty is doing very well to hold 8600-level today; At 8610 now, in the green;
Has been in the 8590-8620 range since the last Update; Already a new life-high
has been created, and there can be more; A slight positive bias had developed
for the Nifty instead of the negative bias we had feared; Reason being, the HSBC
Manufacturing Purchasing Managers' Index (PMI) has risen to 53.3 in November
from 51.6 in October - this is a 21-month high, its highest since February 2013;
Asian markets are also improving and the Rupee is recovering at 62.1250 now;
We expect the Nifty to hold current position remain above 8600; Be vigilant;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

01Dec(12:30) Mkt green & Flat; None gave profit; None good
for LONG now; All can profit from present lows if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ALBK Choppy; Going down; Avoid, for now
IBREALEST Trying to recover; Watch this after 79.50
TATASTEEL Flat & Quiet; Watch this after 468
APOLLOTYRE This looked the best, but nothing came;
The trigger at 236 was just touched
BHEL Very flat at 278; Can flare up suddenly
IDBI This is also recovering; Watch this after 71.70

Our Suggests have not performed as yet today; The one that looked as the best in the
morning, APOLLOTYRE, has not produced any results; All look tentative now and can
give positive gains if the market starts to go up; That is not very likely,
so, be very careful and alert; Do not take unnecessary risks; Remember,
it is better to go profit-less rather than getting into a loss;
Be very alert; Stay Away if you are not sure.

The Nifty continues to hold 8600-level; That in itself is an achievement;
At 8605 now, in the green; Trading quietly in the 8590-8615 range for
some time; World markets are still mixed with Asia mostly red and Europe
opening uncertain; The Rupee is holding at 62.1150; We expect the Nifty to
hold current position and remain above 8600; Europe opening might give
some direction to our markets; The main job for the Nifty is to hold 8600
level; Be alert; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

01Dec(2:30) Mkt in red; -ve bias; No Suggest gave profit;
None good for LONG now; Best to Stay Away in last hour,
unless you get a good chance; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ALBK Choppy; Going up slowly;
Watch this after 121.50
IBREALEST Still trying to recover;
Watch this after 79.50
TATASTEEL Flat & Quiet; This can also flare up
APOLLOTYRE Flat and Choppy; But keep a watch
BHEL Going down; Can still flare up suddenly
IDBI Still recovering; Can rise up suddenly

Our Suggests have not done anything today; And none looks good for LONG at this
time; We might go profit-less today; It is better to go profit-less rather than
getting into a loss; Trading in LONG will be risky now; Be very alert;
Do not take unnecessary risks; It is best to Stay Away now.

The Nifty is finding it difficult to hold 8600-level; The slight negative trend we
spoke about earlier, has actually come after our last Update and has brought
the Nifty down from 8610 to 8550; In the red; World markets are still mixed
with Asia closing mostly red and Europe trading all in red; But the Rupee has
recovered a little and is at 62.0950; Gold and Oil prices have come down
sharply; We expect the Nifty to rise up from the Support at 8530; But
how far it will go, whether it can go into the green all the way up to 8600
is difficult to say now; Do not take unnecessary risks in the last hour;
Accept the fact that we will go profit-less today; It is best to
Stay Away now; Today we will close red.

 


 

Please also see our Today's Performance or Details page