IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 11-Dec-2014


 

SUGGESTS:

 

ANDHRABANK

 

RECLTD

 

TITAN

 

ALSO SEE:

APOLLOTYRE

CROMPGREAV

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 Thursday, 11-Dec-2014

SMS Pre-Market

Suggests: ANDHRABANK RECLTD TITAN;
Also See: APOLLOTYRE CROMPGREAV LICHSGFIN;
Valid for: 11-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

Slight gap-down opening is expected for our markets today, tracking losses
seen in other Asian markets; Yesterday, our markets resumed lower in line with
mixed cues from Asian peers and moved erratically in a range throughout the day;
But finally the Nifty rebounding from over one-month lows and closed 14-points
higher, snapping its three-day losing trend, on gains in SBI and ONGC shares,
amid a firm European trend; Overnight, US stocks suffered the worst day in two
months and ended lower as the energy sector resumed its recent slide; Asian
markets are down today morning with Japan and Hongkong over -1% down; At
home, more downside is expected to come today; Support at 8290 is strongly
positional, and will be tested today; It looks like stocks are moving both
ways, warns experts; Time to be very cautious in LONG.
INR-US$ is at 62.1500; WTI Crude is at $60.94

 


 

SMS-1

11Dec(10:00) Gap-down openng; Going down;
See RECLTD>318 TITAN>385;
Watch ANDHRABANK>89.50 LICHSGFIN>458;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-down opening for the Nifty today around 8340; There was a sharp fall for
the Nifty immediately after opening today; The index went down from 8350 to 8280
in a swift move; Strong Support at 8290 is being tested now with the Nifty moving
between 8280 and 8300; We expect the Support at 8290 to hold for some time;
See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
RECLTD 318 312 321 325 180
TITAN 385 378 389 395 150

Also watch ANDHRABANK>89.50 and LICHSGFIN>458 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

11Dec(11:00) Mkt -ve & flat; No Suggest gave profit; Hold
TITAN>385 if in; See CROMPGREAV>180.50 LICHSGFIN>458
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ANDHRABANK Stuck at 88; Keep a watch
RECLTD Slight upward trend; Chances after 318
TITAN In at 385
Hold>385, SL-378
Slight upward trend; This can give profits
APOLLOTYRE Flat between 224-225; Keep a watch
CROMPGREAV See > 180.50 Going up slowly; Can give profits
LICHSGFIN See > 458 Recovering after small fall; Might flare up

None of our Suggests have started to perform as yet today; This is in keeping with the
general market trend as the Nifty is yet to settle down; As we have said earlier, today
you have to be very careful in LONG; Do not set your terminal to auto-buy at 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 had bounced back from the Support at 8280-8290 and had recovered
to above 8300; But the Nifty has again started to fall and is at 8290 now, in the
red; 60-points down already; All of Asia is in the red; The Rupee is weak now, at
62.2050; There are no domestic cues; But even then, we feel that the Support at
8282-8292 will not be easy to breach and we expect the Nifty to settle down in
this region; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

11Dec(12:30) Mkt in red; Choppy; No Suggest gave profit;
TITAN Marginal; See RECLTD>318 CROMPGREAV>180.50
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ANDHRABANK Went down from 88; Recovering; Watch after 89
RECLTD See > 318 We still see chances here
TITAN Marginal at 385 No progress after last Update;
Stuck between 384-385
APOLLOTYRE This also took a fall after our last Update;
Recovering now, Keep a watch
CROMPGREAV See > 180.50 We still feel this can give profits
LICHSGFIN Choppy & Uncertain; Might flare up

No Suggest has been able to produce any result today till now; However, quite a few
looks promising and maybe the second half will be productive today; As always, do not
not set your terminal to auto-buy at any trigger; Wait for a definite upward swing;
Then wait some more to confirm positive progress; Be quick after that;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has gone back to the Support at 8280-8290 after our last Update; The market
has been choppy and uncertain, but Support at these levels has been holding strong
throughout the day; As we correctly said before, Support at 8282-8292 will not be
easy to breach; All of Asia is still in the red; The Rupee is still weak at 62.2184;
Europe is expected to fall further; There are no domestic cues; As before, we feel the
Support at 8290-8280 will hold and the Nifty will settle down in this region around
8300; Be very alert; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

11Dec(2:30) Mkt in green; +ve bias; 5 Suggests gave profit; Hold
ANDHRABANK>91 RECLTD>325 APOLLOTYRE>227 CROMPGREAV>183;
Careful in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ANDHRABANK In at 89, Out at 91.40
Hold>91, SL-89.50
This has flatten out; But, keep a watch
RECLTD In at 318, Out at 324.50
Hold>325, SL-319
Started to come down; But there can be more
TITAN Out at 389 There was a sudden jump; Avoid now
APOLLOTYRE In at 225.50, Out at 227
Hold>227, SL-225
Keep a watch; But low chances now
CROMPGREAV In at 180.50, Out at 183
Hold>183, SL-181
This has also started to come down
LICHSGFIN Choppy & Uncertain; Avoid

As was expected, our Suggests have given some profits in the second half today; Right
now, the situation is such that it will be risky to hold; So, get out and go home;
General market has also started to fall; 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 bounced back from the Support at 8280-8290 after our last Update,
and has gone up to the Resistance at 8350; Nifty is at 8345 now, still in the red,
but has recovered the morning loss of 60-points; It has also done well to get back
above 8300-level; All of Asia is closing in the red; The Rupee is getting weaker,
and is at 62.2950; But Europe is slowly turning green; We do not see a very big
change in the Nifty in the last hour; As before, we feel the Support at 8290-8280
will hold and the Nifty will settle down in this region just above 8300; The Nifty
will do good if we get a closing above 8300 today; A last minute upsurge into
the green is also possible; 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