IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 19-Dec-2014


 

SUGGESTS:

 

ARVIND

 

ASHOKLEY

 

CANBK

 

ALSO SEE:

HDIL

POLARIS

RECLTD

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, 19-Dec-2014

SMS Pre-Market

Suggests: ARVIND ASHOKLEY CANBK;
Also See: HDIL POLARIS RECLTD;
Valid for date: 19-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8180, 8230, 8260, 8300, 8340;
NIFTY Support levels are: 8130, 8110, 8080, 8050, 8010;

 

Pre-Market Alert: 9:15am

A gap-up opening and robust trading is expected from our market today, amid
firm global cues, tracking gains in other Asian markets and a Wall Street rally
for the second straight session; Tracking the momentum, the Nifty is today
expected to reclaim its crucial psychological level of 8200; There is good
Support now in the 8100-8080 band and, on the upside, 8260 is the first
Target for the day; After that, however, 8290-8300 may be difficult to
cross for the Nifty; Do not be in a hurry today; Do not get
over-confident; Time to remain very cautious in LONG.
INR-US$ is at 63.0500; WTI Crude is at $54.11

 


 

SMS-1

19Dec(10:00) Big Gap-up openng; Going up;
See ARVIND>278 ASHOKLEY>52.70;
Watch HDIL>70 RECLTD>336;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

Big 60-point gap-up opening for the Nifty around 8220 today; The Nifty has
shown a positive bias and has crossed 8250 immediately after opening today;
Trading flat and quiet just above 8240 at this time; We expect the Nifty to
hold this level and trade in a range for some time; Meanwhile, ARVIND could
have given you some profits following PricePoints; ARVIND should have been
in at 273 and out at 277; If you have missed this, it does not matter;
See these if market upturn holds now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 278 274 282 284 210
ASHOKLEY 52.70 51.50 53.20 54 1130

Also watch HDIL>70 and RECLTD>336 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

19Dec(11:00) Mkt +ve & flat; No Suggest gave profit;
See ARVIND>278 POLARIS>188 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND See > 126 No progress after initial outburst;
But there can be more later
ASHOKLEY Going down; Avoid for now
CANBK Going down; Avoid for now
HDIL Going down; Avoid for now
POLARIS See > 188 There can be chances here, but be careful
RECLTD Going down; Avoid for now

Our Suggests are not doing well, contrary to what is happening in the general market;
We have said this many times: such markets where the Nifty opens a big gap-up and
then holds position or loses out a little, is very good for positional traders but, there
is nothing here for the day trader wanting to go LONG; Be very Alert; 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 had another fantastic gap-up opening, but has now started to decline slowly;
At 8230 now; Deep in the green; Holding 8200-level; Global markets are still supportive
with each and every market all over the world in the green; The Rupee is holding at
63.0724; The Nifty is likely to stay within the 8220-8260 range in the next hour,
we feel; Be very Alert; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

19Dec(12:30) Mkt in green; Range-Bound; No Suggest gave
profit; All can profit from present position if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Going choppy; There can be more after 278
ASHOKLEY This is recovering; Watch after 52.25
CANBK Flatten out at 436; Watch after 438
HDIL Flatten out at 67; Watch after 67.70
POLARIS Just touched our Trigger at 188; No further
progress; Still has chance above 188
RECLTD Going down; Avoid for now

Our Suggests have not given any profits in LONG today, till now; Overall market is good
for the positional player; For the intraday trader wanting to go LONG, this is still an
uncertain, risky market; Be vigilant and alert; Do not set your terminal to auto-buy
at any given trigger; Wait for the trigger to be crossed confidently; Then wait some
more to make sure there is a definite upward swing, before you enter; Then be very
quick to take small profit and exit; Buy again, if the upside continues; Do not
take unnecessary risks; Stay Away if you are not sure.

The Nifty has maintained position around 8250 and is trading in the 8220-8260 range
since our last Update; Nifty is at 8250 now, in the green; A slight positive trend
is now seen to develop; Global markets are still supportive with all world in the
green; The Rupee is still recovering at 63.0354; The Nifty is likely to stay
within the 8220-8260 range till we get some trigger; Resistance at 8260
has prevented the Nifty from going up the whole day today; But this
will not hold for very long, we feel; Be very alert; Do not
take undue risks; Stay Away if you are not sure.

 


 

SMS-4

19Dec(2:30) Mkt in green; Flat & Choppy; 2 Suggests gave
profit; None looks good for LONG now; All can profit
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Out at 278.50 There has been a fall; Can bounce back again
ASHOKLEY Going down; Avoid
CANBK This has also fallen; Avoid
HDIL There was a sudden, sharp upside that
we had missed; Uncertain now; Avoid
POLARIS No progress after last Update; Avoid
RECLTD There was a chance: 'In at 331, Out at 333.50';
But we said 'Avoid', so this won't be reported

Only ARVIND could add slightly to the early profits; No other Suggest has been able to
give any profits in LONG today; RECLTD will not be reported, but it required an expert
hand to get those profits; The way things are going now, it is best to Stay Away
from this market; Do not take unnecessary risks; Stay Away if you are not sure.

The Resistance at 8260 is still acting strong and has prevented the Nifty from
going up beyond this level at least 4-times today; Nifty is at 8250 now, in the
green; The slight positive trend that we saw in the last Update is not to be seen;
Global markets are still supportive with all world markets, except one, in the green;
The Rupee is holding at 63.1155; We expect the Nifty to stay in the 8220-8260 range
till closing today unless we get some trigger; A closing above 8200 is definitely
there, and 8250 will be tried; Do not take unnecessary risks in last hour;
Today we will close green.

 


 

Please also see our Today's Performance or Details page