IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 04-Dec-2014


 

SUGGESTS:

 

LICHSGFIN

 

SINTEX

 

VOLTAS

 

ALSO SEE:

ALBK

PETRONET

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 Thursday, 04-Dec-2014

SMS Pre-Market

Suggests: LICHSGFIN SINTEX VOLTAS;
Also See: ALBK PETRONET TVSMOTOR;
Valid for date: 04-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8560, 8590, 8620, 8650, 8690;
NIFTY Support levels are: 8510, 8490, 8460, 8430, 8400;

 

Pre-Market Alert: 9:15am

A positive opening is expected for our markets today following strong cues from
overseas; Yesterday our markets had ended flat - so flat that one index closed
red while the other closed green - amid a choppy trading session, weighed down
by profit taking in select index heavyweight; Overnight, US stocks ended higher
with both the Dow and S&P 500 ending at record highs, as data pointed to
improving conditions in the US services sector; Asian markets are trading good
today morning, with all except KLSE in the green; At home, the Nifty has been
holding the Support at 8500 steadily for the last few sessions, and is expected
to hold it today also; On the upside, Resistance at 8550-8560 has also acted
strong, but should be breached today if we get a good opening, as is expected;
Next Resistance is at 8590-8620; We expect further consolidation within
these limits as almost all key events are already factored in by the markets;
Nothing much is expected from the winter session in parliament and FIIs
will now be away for Christmas holidays; December usually is lackluster;
INR-US$ is at 61.9200; WTI Crude is at $67.38

 


 

SMS-1

04Dec(10:00) Big gap-up openng; Going down now;
See LICHSGFIN>439 TVSMOTOR>256;
Watch SINTEX>97.50 VOLTAS>286;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

Big 60-point gap-up opening for the Nifty today around 8600; The Nifty had gone
up to 8626 immediately after opening, which is yet another life-time high for the
index; But the Nifty has started to fall steadily after that and is at 8560 now, in
the green, but already down 60-points; There is downside momentum now, so
we may go down to the line at 8540; This is First Support; More Support is at
8510; See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
LICHSGFIN 439 434 443 448 130
TVSMOTOR 256 250 259 261 230

Also watch SINTEX>97.50 and VOLTAS>286 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

04Dec(11:00) Mkt green & flat; No Suggest gave profit;
Hold TVSMOTOR>256 if in; No other Suggest looks
good for LONG now; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
LICHSGFIN This looked the best, but nothing came; The
trigger at 439 was just touched; Avoid for now
SINTEX Going flat and shaky; Avoid for now
VOLTAS Flat & Quiet; Watch this after 283
ALBK Flat after big fall; Watch after 128
PETRONET Very Choppy; Avoid, for now
TVSMOTOR In at 256
Hold>256, SL-250
Flat at 256; Look to go Marginal if there
is no positive movement in next half-hour

Not much is expected from our Suggests at this time as the overall market is very
down; Some upward movement from the Nifty is required for our Suggests to breakout
and give some profits; Even then, TVSMOTOR is showing some promise; Be careful in
LONG today; Do not set your terminal to auto-buy at any trigger; Wait for a confirmed
upward bias 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 hovering around the line at 8540 after it came down from a life-high in
a hurry earlier today; At 8545 now, in the green; There is still a small downward
bias and the Nifty might go into the red and test the Support at 8510; Asian
markets, except KLSE, are still in green; The Rupee is recovering at 61.8855;
We expect the Nifty to hold current position and remain around the line;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

04Dec(12:30) Mkt flat around line; No Suggest gave profit;
TVSMOTOR was Marginal at 256; None look good for LONG
now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
LICHSGFIN Stuck at 432; Can flare up; Avoid for now
SINTEX Going up slowly; Watch after 97
VOLTAS This is also going up; Watch after 282.50
ALBK Still Flat; Might flare up; Watch after 128
PETRONET Very Choppy; Might give chance after 204.50
TVSMOTOR Marginal at 256 There was one chance to go Marginal at 256; If
you have missed it, you might get another chance

Our Suggests continue their lean patch as none has been able to produce anything
good till now today; TVSMOTOR has not produced any results; Some of our members
could have gone into a loss with this; Some of our Suggests look promising at this
time, but we are not very hopeful with any of them; Till now; All can give positive
gains if the market starts to go up; That looks likely, but 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.

As was expected by us, the Nifty has kept itself in a tight range around the line
at 8540 since our last Update; At 8540 now, just above the line, in the green;
Asian markets, except KLSE, are still in green; The Rupee is again weak at
61.9350; But Europe is expected to open in green, and might help our market to
get out of this range; There are no domestic cues as hardly any work is being done
in Parliament these last few days; Nifty Support at 8510 has not been tested as
yet today; We expect the Nifty to hold current position and regain 8500 if Europe
opening is good; The main job for the Nifty is to get back to 8600 level today;
Be alert; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

04Dec(2:30) Mkt in green; Flat & Quiet; ALBK gave profit;
Hold ALBK>130 if in; No other looks good for
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
LICHSGFIN Went down after being stuck at 432
for a long time; Coming up now
SINTEX Flat & Uncertain; Avoid
VOLTAS This is also uncertain; But watch after 282.50
ALBK In at 128, Out at 130
Hold>130, SL-126
This will give more profits today
PETRONET Touched our trigger of 204.50, then
nothing; There can be something here
TVSMOTOR No recovery after our last Update; Avoid

Some surprise profits have come from ALBK, and more is likely to come from there in
the last hour; Others have disappointed; Like TVSMOTOR some time ago, PETRONET
has also touched our trigger at 204.50 but did not proceed any further; But there was
ample scope of getting out Marginal in this case; As we said, we are not confident
about any of our Suggests at this time except for ALBK; Be very alert; Do not
take unnecessary risks in last hour; It is best to Stay Away now.

A good opening in Europe, China closing highest since 2011, Japan at new 7-yr high,
all these have pulled our market higher, but the progress is very slow; The Nifty is
at 8550 now, in the green, coming up from the Support at 8530; The Rupee is also
recovering at 61.8550; The way things are going, the Nifty might find it difficult to
reach 8600, as we had hoped, without any good domestic cue; None are expected;
But we should at least hold 8550 at closing today; Do not take unnecessary risks
in the last hour; Stay Away now if you are unsure; Today we will close green.

 


 

Please also see our Today's Performance or Details page