IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 17-Dec-2014














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, 17-Dec-2014

SMS Pre-Market

Valid for date: 17-Dec-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8080, 8100, 8140, 8160, 8180;
NIFTY Support levels are: 8050, 8010, 7970, 7950, 7920;


Pre-Market Alert: 9:15am

After witnessing a strong sell off yesterday amid global growth concern, our
markets are likely to open flat today tracking mixed global cues; Tracking the
momentum, the Nifty may retest its crucial psychological level of 8050 in
trade today; In the event Support at Nifty-8050 is respected, the Resistance
at 8180 is the first target, and we may see a bounce till 8270 and beyond
that 8340 over the next few weeks; If Nifty-8050 is breached, we may
go down to 7920; Time to remain very cautious in LONG.
INR-US$ is at 63.8200; WTI Crude is at $55.93




17Dec(10:00) Flat openng; Going down;
See JETAIRWAYS>414 NTPC>130.50;
Watch IDEA>144 SAIL>77.50;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Flat opening for the Nifty around 8050 today; The Nifty had been going down slow
but steadily after opening today; At 8010 now, in the red; We expect the Nifty
to go down some more and to be choppy; Support at 7970 should hold for
some time; See these if market upturn comes now with increasing volumes:

Name See
to buy
JETAIRWAYS 414 408 418 425 140
NTPC 130.50 128 132 133 450

Also watch IDEA>144 and SAIL>77.50 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




17Dec(1pm) Mkt -ve & flat; JETAIRWAYS SAIL gave
profit; See BHARTIARTL>346 JETAIRWAYS>77.70
now if mkt turns up; See Site -INTDAY


Update-2: 1pm

Suggest Action - for LONG Comments
BHARTIARTL See > 346 Slow but definite upward balance seen here;
This can give profits today
IDEA Flat, but steady at 143; Watch after 144
JETAIRWAYS In at 397, Out at 408 Took a big fall and then recovered;
This can give more above 403
ARVIND This is also showing signs of improving;
Watch this after 253
NTPC Flat and stuck at 128; Avoid, for now
SAIL In at 77.25, Out at 77.80
See > 77.70
Holding steady; There can be more here

Our Suggests have started to perform in the second half today; But the profits have
been scrappy and not very convincing; Maybe we will get better performance in the
last few hours 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 been able to make up some of the initial losses today; The psychological
Support level of 8050 was broken right at the start and the Nifty had gone down to a
low of 7960; This 7950-7970 region is also strong Support and the Nifty had bounced
back from there right up to 8060, just below the line; This was a 100-point jump;
The Nifty is at 8030 now, going choppy in the 8020-8060 range; Asian markets are
mixed but Europe should open mostly in the green; The Rupee is holding at 63.6199;
It is believed that the current pull-back is due to LIC buying shares at NSE, as said
by 3 dealers handling trades for institutional clients; LIC, a government-run entity,
is known to support domestic share markets at times of hefty falls; We will see
some more upside if this is correct; The Nifty should get back into the green
and then towards 8100; Be very Alert; Avoid taking big risks;
Stay Away if you are not sure.




17Dec(2:30) Mkt red, Flat; No Suggest gave profit; None
look good for LONG now; All can profit from present
lows if mkt turns up in last hour; See Site -INTDAY


Update-3: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL In at 346, Out at 347.50 This will be considered as Marginal, till now
IDEA Still stuck at 143; Avoid
JETAIRWAYS No further progress after last Update
ARVIND Choppy & Uncertain; Avoid
NTPC Still flat and stuck at 128; Avoid
SAIL No further progress after last Update

No further progress by our Suggests after the last Update; Although we say, "All can
profit from present lows if mkt turns up in last hour", we are not very hopeful for
that to happen; If you have made some profits today, it is best to protect them
now and Stay Away; Do not take unnecessary risks in last hour;
It is best to Stay Away now.

The Nifty has remained flat and steady just below the line, after our last Update; At
8040 now, still trading in the 8020-8060 range; Asian markets are closing mostly green
but Europe is trading in the red; The Rupee is holding at 63.5905; The psychological
Support level of 8050 has come back into play and is holding the Nifty at present; We
expect the Nifty to continue to trade in the 8020-8060 range unless we get some
trigger; We hope that the Nifty will get back into the green and then towards
8100 before closing today; Do not take unnecessary risks in last hour;
Today we will close flat.



Please also see our Today's Performance or Details page