IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 10-Dec-2014


 

SUGGESTS:

 

AMTEKAUTO

 

HAVELLS

 

JETAIRWAYS

 

ALSO SEE:

HINDALCO

INDIACEM

RANBAXY

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, 10-Dec-2014

SMS Pre-Market

Suggests: AMTEKAUTO HAVELLS JETAIRWAYS;
Also See: HINDALCO INDIACEM RANBAXY;
Valid for: 10-Dec-2014; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8380, 8410, 8450, 8490, 8520;
NIFTY Support levels are: 8320, 8290, 8260, 8230, 8200;

 

Pre-Market Alert: 9:15am

A negative-to-flat opening is expected for our markets today also, tracking
losses in their Asian peers as political uncertainty in Greece spooked world
markets; Yesterday, our markets extended losses for the third straight session
as investors booked profits across the board; The indexes plunged down sharply
in late trade after a sudden sell-off in Chinese markets led to a correction in other
Asian markets, including India; At home, experts say some more downside
is to come today; 8290 is good Support for the Nifty in the near-term;
INR-US$ is at 61.9200; WTI Crude is at $63.82

 


 

SMS-1

10Dec(10:00) Flat openng; Going Flat;
See AMTEKAUTO>213.50 INDIACEM>88;
Watch HAVELLS>340 HINDALCO>157;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8320; The Nifty has been flat and choppy
around the line at 8340 after opening today; At 8360 now, in the green; For the
Nifty, 8320 is the first Support; We expect the Nifty to hold this Support for
some time and trade range-bound around the line; See these if
market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMTEKAUTO 213.50 210 215 218 280
INDIACEM 88 86 89 90 680

Also watch HAVELLS>340 and HINDALCO>157 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

10Dec(11:00) Mkt in red; Going down; No Suggest gave
profit; Watch AMTEKAUTO>213 RANBAXY>642 now
if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AMTEKAUTO See > 213 Holding steady after small fall
HAVELLS This is also steady; Chances after 340
JETAIRWAYS Flat at 430; Avoid for now
HINDALCO Flat at 156; Avoid for now
INDIACEM Going down after small rise; Avoid for now
RANBAXY See > 642 Recovering after small fall; Might flare up

In keeping with the general market trend, none of our Suggests are showing any
early signs of good performance; You will have to be patient today in LONG; The odd
off-chance can always come; Do not set your terminal to auto-buy at any trigger;
First make sure there is a definite upward swing; Be quick after that; Do not
take unnecessary risks; Stay Away if you are not sure.

The Nifty has been quiet and range-bound in the 8320-8360 range since opening
today; At 8330 now, in the red; Support at 8320 is still holding; Asian markets are
mixed with Japan over -2.6% down, but China is back in the green; The Rupee is
getting weaker at 61.9799; There are no domestic good news; We may see some
more downside if the Support at 8320 is breached; But we feel some upside
might now come; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

10Dec(12:30) Mkt in green; +ve bias; HAVELLS RANBAXY
gave profit; Hold HAVELLS>342 RANBAXY>645; No other
looks good now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AMTEKAUTO Choppy and uncertain; Careful after 213
HAVELLS In at 340, Out at 341.80
Hold>342, SL-337
This has suddenly become very choppy;
Careful, if holding
JETAIRWAYS Still Flat at 430; Avoid for now
HINDALCO Going down; Avoid for now
INDIACEM Choppy & Uncertain; Avoid for now
RANBAXY In at 642, Out at 644.50
Hold>645, SL-636
This is also become choppy & uncertain;
Careful, if holding

Although we have mentioned 'Hold' for two of our Suggests, we are not very confident
with any of our Suggests today; We need another upsurge by the Nifty for our 3
possible Suggests to actually perform good; Time to remain extra careful,
specially if you are holding; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty has behaved exactly as we had predicted, and given a smart 50-point upsurge
from 8320 right upto 8370 in the green, after our last Update; Nifty is at 8360 now,
in the green; Support at 8320 has held strong; Asian markets are still mixed with
Japan recovering a little; The Rupee is still weak at 61.9505; The Rajya Sabha Select
Committee has recommended 49% cap on FDI in insurance, and this is a big reform
step by the Modi govt; We feel some more upside might now come; Be very alert;
Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

10Dec(2:30) Mkt in green; +ve bias; HAVELLS added profit;
Hold RANBAXY>645 if still in; All can profit if upsurge
strengthens in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMTEKAUTO Choppy and uncertain; Avoid
HAVELLS Out at 346.50 This has suddenly started to fall sharply;
Best to Avoid now
JETAIRWAYS There was a sudden upsurge that we missed;
Best to Avoid now
HINDALCO Choppy & Uncertain; Best to Avoid now
INDIACEM Choppy & Uncertain; Best to Avoid now
RANBAXY Hold>645, SL-636 This is holding steady, and can rise;
Careful, if holding

Our Suggests have remained subdued, except for HAVELLS and RANBAXY; Of these
two, HAVELLS has given adequate returns, but RANBAXY has been Marginal till now;
Be very careful if you are still holding, as the general market is uncertain and choppy;
Do not take unnecessary risks; It is best to protect whatever profits you have
made so far, and Stay Away; Do not take unnecessary risks in last hour;
Stay Away if you are not sure.

The Nifty has turned choppy and range-bound after our last Update, and the upswing
we saw was not very strong; The range has been 8335-8375 since our last update; The
Nifty is at 8360 now, in the green; Asian markets have turned around and are closing
mostly in green; Europe has also opened in the green and trading good in spite of
the Greece crisis; But the Rupee has gone below the 62-mark and is at 62.0150
now; We expect the Nifty to hold current levels and give a closing above 8350
today; Do not take unnecessary risks in last hour; Best to Stay Away now;
Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page