IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 12-Dec-2014


 

SUGGESTS:

 

APOLLOTYRE

 

BANKINDIA

 

IDEA

 

ALSO SEE:

ADANIPORTS

IDFC

ITC

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 Friday, 12-Dec-2014

SMS Pre-Market

Suggests: APOLLOTYRE BANKINDIA IDEA;
Also See: ADANIPORTS IDFC ITC;
Valid for date: 12-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8320, 8650, 8380, 8410, 8450;
NIFTY Support levels are: 8260, 8230, 8200, 8180, 8140;

 

Pre-Market Alert: 9:15am

Slight gap-up opening is expected for our markets today, tracking gains in other
Asian markets and overnight gains on Wall Street; However, some volatility may
be expected in today's session on caution ahead of the release of consumer
inflation and industrial production data due later today; Overnight, US markets
closed higher after three consecutive sessions of ending lower as positive retail
sales data boosted sentiments; Asian markets are trading all positive today on
the rebound of US markets; At home, the Nifty is now down for almost six days
in a row barring a minor bounce that was seen the day before; It is now very
close to an important Support of 8260-8280; First Resistance is placed at
8360; This 8260-8360 will be the range today, we feel, unless there are
some developments in the inflation and IIP figures;
Time to remain very cautious in LONG.
INR-US$ is at 62.4300; WTI Crude is at $59.95

 


 

SMS-1

12Dec(10:00) Gap-up openng; Flat & Choppy;
See ADANIPORTS>286 ITC>397;
Watch IDEA>148.50 IDFC>160.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-up opening for the Nifty today around 8310; The Nifty has remained flat
and choppy in the green around 8310 after opening today; Maintianing position
above 8300; Quiet range-bound trading is expected to continue till the macro data
is received today; See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIPORTS 286 281 288 291 200
ITC 397 393 399 402 150

Also watch IDEA>148.50 and IDFC>160.50 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

12Dec(11:00) Mkt +ve but flat; No Suggest gave profit;
Hold IDFC>160.50 if in; See ADANIPORTS>286 ITC>397
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
APOLLOTYRE Very choppy and uncertain; Avoid, for now
BANKINDIA Going down; Avoid, for now
IDEA This is also going down; Avoid, for now
ADANIPORTS See > 286 Old values still active; But be careful..
IDFC In at 160.50
Hold>160.50, SL-158
Things are not moving; Go Marginal if there
is no positive movement in next half-hour
ITC See > 397 Old values still active; But be careful..

Our Suggests are not showing any confidence in the market today; Things are very
tentative and you should operate with care; It is best to get out with IDFC and
avoid ADANIPORTS and ITC till such time as we get some direction overall;
First make sure there is a definite upward swing, before you enter;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has remained quiet and range-bound after our last update; At 8310 now,
in the green and holding position above 8300-mark; All of Asia is in the green; The
Rupee is still down at 62.4305; There are no domestic cues, but a lot is expected;
The Nifty should continue in present format, and trade range-bound, we feel;
The earlier Support of 8260 should hold; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

12Dec(12:45) Mkt in red; Choppy; None gave profit;
ADANIPORTS IDFC ITC Marginal; See BANKINDIA>295
if mkt turns up now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:45pm

Suggest Action - for LONG Comments
APOLLOTYRE Still choppy and uncertain; Avoid, for now
BANKINDIA See > 295 There may be chances here; Watch this
IDEA There can be chances here also after 146
ADANIPORTS In at 286, Out at 287 Went down after that; May go up again after
285; This will be taken as Marginal today
IDFC Marginal at 160.50 Went down after last Update;
This will be taken as Marginal today
ITC In at 397, Out at 398.50 This will also go as Marginal, till now;
But there are chances on the upside

As said earlier, our Suggests do not appear as confident today; Not even ITC, which
is the best candidate to give any profits today; Overall market is also going nowhere;
Be very careful in LONG now; Make sure there is a definite upward swing, before
you enter; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has remained quiet and range-bound after our last update; At 8280 now,
in the red; Nifty has not been able to hold the 8300-mark, but the Support at 8280
is still holding; All of Asia, except Hongkong and Malaysia, are in the green; Even
these two are marginally red; The Rupee is still weak at 62.3849; And Europe is
expected to open weak; The Nifty should continue in present format, and trade
range-bound within the Support at 8260, we feel; Be very alert;
Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

12Dec(2:30) Mkt in red; Going down; ITC gave profit;
No Suggest looks good for LONG in last hour;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Choppy and uncertain; Avoid
BANKINDIA No progress after last Update; Avoid
IDEA Flat at 145; There can be chances after 146
ADANIPORTS Going down; Avoid;
This will be taken as Marginal today
IDFC Going down; Avoid;
This will be taken as Marginal today
ITC Out at 400 Adequate profits have come; Avoid now

Except ITC, none of our Suggests could perform well today; Even ITC was tentative
and has started to fall now; Overall market is also going down; It is therefore, best
to Stay Away now; It is best to protect whatever profits you have made so far,
and Stay Away; Do not take unnecessary risks in last hour.

The Nifty has started to fall after our last update; At 8240 now, in the red; Nifty
has not been able to hold the 8300-mark, and Support at 8280 has also been broken;
Next Support is at 8230; Asian markets, except Hongkong and Malaysia, are closing in
the green; The Rupee is still weak at 62.3605; Europe is trading all in red; The Nifty
can fall some more under these circumstances and Support at 8230 is also under
threat; But we still feel we will get a smart uprise just before closing today;
Do not take unnecessary risks in last hour; Today we will close red.

 


 

Please also see our Today's Performance or Details page