IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 09-Dec-2014


 

SUGGESTS:

 

ITC

 

SINTEX

 

UNIONBANK

 

ALSO SEE:

DISHMAN

HAVELLS

LICHSGFIN

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 Tuesday, 09-Dec-2014

SMS Pre-Market

Suggests: ITC SINTEX UNIONBANK;
Also See: DISHMAN HAVELLS LICHSGFIN;
Valid for date: 09-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8460, 8490, 8520, 8540, 8580;
NIFTY Support levels are: 8400, 8370, 8350, 8320, 8290;

 

Pre-Market Alert: 9:15am

A negative-to-flat opening is expected for our markets today also, tracking
losses in their Asian peers and sharp overnight decline on Wall Street; Yesterday,
the Nifty closed below its crucial psychological support level of 8500 mainly due
to selling pressure in Infosys after four co-founders sold part of their stake in the
IT major; Profit booking extended for the second straight session in a row and the
Nifty broke below its 20-DMA of 8452 with a 100-point fall; Overnight, US markets
ended lower dragged by losses in energy shares as crude oil prices dropped down
to a five-year low; The S&P 500 posted its worst day since October; Asian markets,
except China and Singapore, are trading in the red at this time; Back home, India's
CAD for Q2 has widened to 2.1% of GDP versus 1.2% for the same period last year;
This is a minus; All-in-all, experts have a passive view of the market today; But we
feel that 8420-8400 is strong Support that should hold; We will get more direction
from IIP, CPI & WPI data expected to be announced on Friday; Plus, the huge inflow
of foreign investment yesterday will be analysed today; But Nifty need to get up
to 8500 first to improve sentiments; We do not see another big fall today;
INR-US$ is at 61.9080; WTI Crude is at $63.05

 


 

SMS-1

09Dec(10:00) Flat openng; Choppy & Flat;
See UNIONBANK>231.50 HAVELLS>333;
Watch ITC>395 LICHSGFIN>438;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8440; The Nifty has been flat and choppy
just below the line at 8440 after opening today; At 8420 now, in the red; This 8420
to 8400 is a strong Support zone that we expect will hold now; Meanwhile, HAVELLS
could have already given you some profits in LONG following PricePoints; HAVELLS
should have been in at 330 and out at 331.50; If still in, Hold HAVELLS>332
with a StopLoss of 328; If you have missed this, no matter; See these if
market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
UNIONBANK 231.50 228 233 235 250
HAVELLS 333 328 336 340 180

Also watch ITC>395 and LICHSGFIN>438 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

09Dec(11:00) Mkt -ve; Going down; HAVELLS gave profit;
Hold HAVELLS>333.50; No other looks good for LONG
now; All can profit if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ITC Very Choppy today; Touched trigger at 395;
Was Marginal at that point; Avoid for now
SINTEX Going down steadily; Avoid for now
UNIONBANK Going down after initial upside; Avoid
DISHMAN Very choppy and uncertain; Avoid for now
HAVELLS In at 330, Out at 333.80
Hold>333.50, SL-326
This is going absolutely against general
trend; So, be very careful if holding..
LICHSGFIN Choppy, but holding; Might flare up after 438

HAVELLS is doing wonders and LICHSGFIN is showing promise; The others are no
good today till now; Overall market is also very shaky and uncertain; Time to be
extra careful, specially if you are holding; Do not take unnecessary risks;
Stay Away if you are not sure.

There is a slight negative bias to the Nifty; At 8410 now, in the red; This is
strong Support and still holding; Asian markets are still almost all red; The Rupee
is still weak at 61.8900; There are no domestic good news; On the contrary, experts
fear that a resurgent Chinese may spoil the India party as it might draw more FII
money due to cheaper valuations; Shanghai Composite, the main benchmark for
Chinese equity market, has jumped about 25% in the past month; Sensex has
gained only 1% in the same period; But Support at 8400 should hold for
some more time; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

09Dec(12:30) Mkt in red; Going Flat; HAVELLS added profit;
Hold HAVELLS>334.50 ITC>395; No other looks good for
LONG now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ITC Hold>395, SL-390 Still around trigger at 395;
Can give some chances now
SINTEX Still going down; Avoid
UNIONBANK This is also going down; Avoid
DISHMAN This has disappointed today; Avoid
HAVELLS Out at 334.50
Hold>334.50, SL-330
This has flattened out; But there can be more
LICHSGFIN Choppy and uncertain; Avoid

HAVELLS continues to look good, and now ITC has joined in; LICHSGFIN is not
performing and is out of the race; The others are still no good; Overall market is
under profit-booking and is falling fast; Time to remain extra careful, specially
if you are holding; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty continues to be under the influence of profit-booking and is continuing
yesterday's downward journey; Support at 8400 is now giving way and the Nifty is
at 8390 presently, deep in the red; Asian markets are all red now with China going
down more than -5.4%, and Europe is expected to open weak; The Rupee is down
at 61.9150; There are no domestic cues; Next good Support is at 8350, and the
Nifty seems to be heading towards that; Be alert; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

09Dec(2:30) Mkt in red; Going down; ITC gave very small
profit; ITC HAVELLS looks good for more in LONG if
upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ITC Out at 396.80 There can be more if general market turns up
SINTEX Still going down; Avoid
UNIONBANK This is also going down; Avoid
DISHMAN Going down steadily; Avoid
HAVELLS No further progress after last Update;
There can be more if general market turns up
LICHSGFIN Still choppy and uncertain; Avoid

HAVELLS or ITC, no one has made any good contribution after last Update; We are in a
stage where it is best to Stay Away now; The general market is falling badly; No point
stretching our luck; It is best to protect whatever profits we have made so far, and
Stay Away; Even if you have not made anything yet today, remember, it is better to
go profit-less than get into loss; Do not take unnecessary risks in last hour;
Best to Stay Away now.

The Nifty continues to be under the influence of profit-booking and is continuing
yesterday's downward journey; We are looking at another 100-point down closing
today; Nifty at 8340 now, deep in the red; Strong Support at 8350 is now being
tested; All world markets, except New Zealand and Singapore, are badly in the red;
The Rupee is further down at 61.9300; There are no domestic cues; We expect the
Nifty to level out now and give a closing around the Support of 8350 today;
Do not take unnecessary risks in last hour; Best to Stay Away now;
Today we will close red.

 


 

Please also see our Today's Performance or Details page