IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 16-Dec-2014


 

SUGGESTS:

 

ADANIPORTS

 

AMBUJACEM

 

TVSMOTOR

 

ALSO SEE:

COALINDIA

DENABANK

IRB

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, 16-Dec-2014

SMS Pre-Market

Suggests: ADANIPORTS AMBUJACEM TVSMOTOR;
Also See: COALINDIA DENABANK IRB;
Valid for: 16-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8240, 8260, 8300, 8340, 8370;
NIFTY Support levels are: 8200, 8160, 8140, 8110, 8050;

 

Pre-Market Alert: 9:15am

Another gap-down opening and cautious trading is expected for our markets today,
tracking negative trend in other Asian markets as oil prices have fallen to new lows;
Yesterday, the Nifty extended losses for the 3rd straight session and closed in the
red following weakness in tech, capital goods and power sectors together with
selling pressure after October IIP contracted sharply by -4.2% and a weak trend
in the Asian region; Later, data showed that WPI inflation fell to zero level in
November, but this did not lead to any substantial recovery; Overnight, US
stocks ended lower in a volatile session as oil prices extended their sell-off,
adding to worries about weak global demand; Asian shares are trading lower
today morning as Japan leads with -1.80% decline; At home, for the immediate
term, the trend continues to be weak for the Nifty as long as it trades below 8270;
There is good Support at 8160-8140 and then at 8110-8100; There is a definite
chance that markets may bounce back to levels of 8220-8250 once this
correction is over in the next few days, but to cross levels of 8300
looks difficult; Time to remain very cautious in LONG.
INR-US$ is at 63.3400; WTI Crude is at $55.91

 


 

SMS-1

16Dec(10:00) Gap-down openng; Going flat;
See AMBUJACEM>227.50 COALINDIA>380;
Watch ADANIPORTS>285 TVSMOTOR>258;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

Gap-down opening for the Nifty below 8180 today; The Nifty had gone down further
after opening today to touch a low of 8140; At 8160 now, in the red; Trying to
recover; We expect the Nifty to be choppy and trade in this 8140-8180 range;
See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMBUJACEM 227.50 225 230 232 260
COALINDIA 380 374 382 387 150

Also watch ADANIPORTS>285 and TVSMOTOR>258 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

16Dec(11:00) Mkt in red; Going down; No Suggest gave
profit; None look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS Choppy & going down; Wait till things settle down
AMBUJACEM Going down; Avoid, for now
TVSMOTOR Choppy, but steady; Wait till things settle down
COALINDIA In at 380
Marginal
This has disappointed; Avoid, for now
DENABANK Going down; Avoid, for now
IRB Choppy; Recovering; Wait till things settle down

Our Suggests are uncertain and shaky together with almost all of the market, as the
general market conditions are such; Do not push your luck today; Wait for the market
to settle down; Be very careful in LONG now; 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 been going down steadily since opening today; It opened 40-point gap
down around 8180, and has gone down to almost 8110 now; Over 100-points down
from yesterday's closing; And there is more downside to come; Support at 8160 has
been broken; Next Support at 8110-8100 is being tested now; Further Support is at
8050-8040; World markets are still very down; The Rupee is still under pressure at
63.3725; Right now, Nifty-8100 should put up a fight, we feel, and prevent the
Nifty from falling further; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

16Dec(12noon) Mkt in red; Recovering; No Suggest gave
profit; See ADANIPORTS>282 TVSMOTOR>255 IRB>247
if mkt upsurge holds; Careful in LONG; See Site -INTDAY

 

Update-3: 12noon

Suggest Action - for LONG Comments
ADANIPORTS See > 282 Trying to recover; Watch this carefully
AMBUJACEM Still going down; Avoid, for now
TVSMOTOR See > 255 Has flattened out; Watch this carefully
COALINDIA This has also become flat; Watch this
DENABANK Going down; Avoid, for now
IRB See > 247 Recovering; Watch this carefully

Our Suggests are still uncertain and shaky but there are signs of reversal and some
might give profits now; As we said before, do not push your luck today; Wait for the
market to settle down; Make sure there is a definite upward swing, before you enter;
Do not take unnecessary risks; Be very careful in LONG now;
Stay Away if you are not sure.

The Nifty has been stopped by the Support at 8100, and has bounced back from there;
Nifty is at 8120 now, still very deep in the red; We do not see very much more
downside now; But be careful; World markets are still down with all markets in
Asia down, except China; The Rupee is also down at 63.4204; Europe opening is
uncertain; We now expect the Nifty to slowly climb above 8150 before closing
today; Be very alert; Do not take undue risks; Stay Away if you are not sure.

 


 

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