IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 24-Dec-2014


 

SUGGESTS:

 

FRL

 

INDIANB

 

NTPC

 

ALSO SEE:

CIPLA

IDEA

SUNTV

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, 24-Dec-2014

SMS Pre-Market

Suggests: FRL INDIANB NTPC;
Also See: CIPLA IDEA SUNTV;
Valid for date: 24-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8290, 8320, 8350, 8380, 8410;
NIFTY Support levels are: 8250, 8220, 8200, 8170, 8130;

 

Pre-Market Alert: 9:15am

Flat-to-positive opening and cautious trading is expected from our market
today also, following positive cues from other Asian markets; Volatility
may be expected in the session due to F&O expiry today; After four days
of successive rise, the equity markets witnessed profit taking yesterday
and lost more than half a percent; Today, the Nifty will first have to take
the 8300-level and move towards 8350 once the roll-over calculations
are over; 8370 is still the target, with good Support at 8220;
Be very cautious today; Better to be safe, than sorry;
INR-US$ is at 63.4330; WTI Crude is at $57.12

 


 

SMS-1

24Dec(10:00) Flat openng; Choppy & Flat;
See FRL>95.20 SUNTV>377;
Watch CIPLA>636 IDEA>151;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty on the line at 8270 today; The Nifty has remained
flat and choppy around the line after opening today; At 8370 now, in the green;
8260 was a strong Support yesterday that had withheld several attempts by the
Nifty to go down; That should hold today also; We expect the Nifty to trade in
the 8260-8300 range now, unless we get some trigger; Meanwhile, SUNTV
could have already given you some profits in LONG following PricePoints;
SUNTV should have been in at 370 and out at 376; If you have missed this,
don't worry; See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
FRL 95.20 94 96 97 630
SUNTV 377 371 380 385 150

Also watch CIPLA>636 and IDEA>151 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

24Dec(11:00) Mkt -ve & flat; FRL gave slight profit;
Hold FRL>95.60 if in; See NTPC>141.50 IDEA>151
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
FRL In at 95.20, Out at 95.60
Hold>95.60, SL-94
There is chance for more here
INDIANB Going down; But can turn around;
Follow PricePoints if sudden upside
NTPC See > 141.50 This can turn around; Be careful...
CIPLA This can also turn around now;
Follow PricePoints if sudden upside
IDEA See > 151 Going flat now; But there can be chances
SUNTV This can go up again, after initial upside;
Old levels are still valid here

Our Suggests are ready to go if the general market improves somewhat; Many of them
look promising; But keep in mind that the Nifty is going nowhere, so be very careful;
Do not set your terminal to auto-buy at any trigger; Wait for trigger to be crossed
confidently; 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 flat and choppy around the line at 8270; And a slight negative
bias seems to be developing now; Nifty at 8260 now, in the red; Trading quietly in
the 8250-8270 range; Asian markets except China are in the green; China is almost
-2% in the red; The Rupee is holding at 63.4100; Some choppiness is expected
today due to Expiry, but watch out for the negative trend coming in; But
we do not expect a big fall below the Support at 8260; Avoid taking
big risks; Stay Away if you are not sure.

 


 

SMS-3

24Dec(12:30) Mkt in red; Choppy; FRL added profit;
Hold FRL>97.50 IDEA>151 if in; No other looks
good for LONG now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
FRL Out at 97.40
Hold>97.50, SL-95.50
This seems to be levelling out; Careful..
INDIANB Choppy & Uncertain; Low volumes; Avoid
NTPC This seems to be turning around;
Watch after 141
CIPLA Choppy & Uncertain; Avoid
IDEA In at 151
Hold>151, SL-149
Looks like this is levelling out;
Go Marginal if no upward movement
SUNTV Very flat at 372; Can flare up suddenly;
Watch after 375

Nothing much can be expected from our Suggests if the general market does not
improve; Even then, many of them look promising; If you have made your profits for
the day with FRL, it is time to close shop and go home now; Although some of our
Suggests can give more profits, you should now protect whatever you have made
and Stay Away; Do not take unnecessary risks; Stay Away if you are in profit.

The Nifty has taken a fall after our last Update following a negative trend we saw
in our last Update; Support at 8260-8250 was breached and the Nifty went down to
the next Support at 8220; This level has acted strong and the Nifty has bounced back
from there; At 8240 now, in the red; Asian markets except China are closing in the
green; Europe is expected to open green; The Rupee is holding at 63.4554; Some
choppiness is expected today due to Expiry, and the fall was also expected; The
Nifty should now hold the Support at 8220 and slowly progress upwards, unless
we get some negative trigger; Be very alert; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

24Dec(2:30) Mkt in red; Flat & Choppy; FRL added profit;
Hold FRL>97.60 IDEA>151.50; No other looks good for
LONG if now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
FRL Out at 97.60
Hold>97.60, SL-95.50
There is more here in the last hour
INDIANB Choppy & Uncertain; Low volumes; Avoid
NTPC Stuck at 140; Avoid
CIPLA Choppy & Uncertain; Avoid
IDEA Out at 151.50
Hold>151.50, SL-149
Stuck at 151; This is Marginal till now
SUNTV This can still give profits in last hour,
but be very careful..

Whatever profits have come from our Suggests today should be considered as
adequate if you take into account the general position of the market; We say
again: If you have made your profits for the day, it is better to Stay Away
now; Protect your profits and Stay Away; Do not take unnecessary
risks in last hour; Stay Away if you are not sure.

The Nifty had gone back to the Support at 8220 after our last Update, and has
again bounced back from there; At 8250 now, in the red; Asian markets except China
are closing in the green; Europe is trading mixed, whatever is open today; The Rupee
is holding at 63.4454; For the Nifty, there is nothing more to expect in last hour
except an effort to hold on to 8250-level at closing today; However, a last minute
upsurge towards the line and into the green cannot be ruled out; Do not take
unnecessary risks in last hour; Today we will close red.

 


 

Please also see our Today's Performance or Details page