IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 29-Dec-2014


 

SUGGESTS:

 

FRL

 

ORIENTBANK

 

TVSMOTOR

 

ALSO SEE:

ARVIND

IDBI

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 Monday, 29-Dec-2014

SMS Pre-Market

Suggests: FRL ORIENTBANK TVSMOTOR;
Also See: ARVIND IDBI RECLTD;
Valid for date: 29-Dec-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8230, 8260, 8290, 8320, 8350;
NIFTY Support levels are: 8160, 8130, 8110, 8080, 8050;

 

Pre-Market Alert: 9:15am

A positive opening is expected from our market today, tracking firm gains
in Asia and a rally in US stocks on Friday; The Modi govt's ability to use
the ordinance route to implement reforms due to its inability to get the
required parliamentary approval because it doesn't have the numbers in
the Rajya Sabha is being seen as a big positive by the market; The Nifty
is expected to reclaim its crucial psychological level of 8250 in trade
today; 8160 is now the focal point for the index; If the Support at
8160 is held, we may go upto 8300, but if 8160 is breached, a low
of 8110-8080 is very much possible; Do not take big unnecessary
risks; Pick your stocks carefully; Better to be safe, than sorry;
INR-US$ is at 63.7000; WTI Crude is at $54.73

 


 

SMS-1

29Dec(10:00) Gap-up openng; Going Flat;
See ARVIND>284 RECLTD>341.50;
Watch FRL>102 TVSMOTOR>269;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-up opening for the Nifty at about 8220 today; The Nifty had
gone up to 8260 immediately after opening in a smart upmove; Just above
8260 now, in the green; Going flat and quiet in a narrow 20-point range
around 8260-level; See these if market upturn comes now with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 284 280 286 289 210
RECLTD 341.50 336 344 346 170

Also watch FRL>102 and TVSMOTOR>269 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

29Dec(11:00) Mkt +ve & flat; TVSMOTOR gave profit; Hold
TVSMOTOR>270.50 if in; See ARVIND>284 RECLTD>340
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
FRL Just touched our Trigger of 102;
But there can be chance here later today
ORIENTBANK Flat and choppy today; Low possibilities
TVSMOTOR In at 269, Out at 270.40
Hold>270.50, SL-264
Continuing yesterday's good work;
There can be more here today
ARVIND See > 284 Going flat and choppy around 282; Watch this..
IDBI Going down; Avoid for now
RECLTD See > 340 Going down; Low chances now;
But there can be chance here later today

Today's market is excellent for the positional trader, but for the Intraday Trader
wanting to go LONG, this is very risky market; We need stocks to give movement;
Going up and staying there is no help; Be very careful; Do not set your terminal
to auto-buy at any given 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 done a great job at the opening today; In one swift move, the crucial
psychological level of 8250 has been crossed immediately after opening; Since then,
this level is being held by the Nifty; But there is Resistance at 8260, which has not
been technically crossed as yet; The Nifty is just below 8270 now, in the green;
Asian markets are almost all in the green; The Rupee is a little weak at 63.6399;
Bangalore blast remains unsolved and there is a report of Maoists-Greyhound
encounter in AP; We need some good trigger to take the market higher;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

29Dec(12:30) Mkt in green; Quiet & Flat; FRL gave profit; Hold
TVSMOTOR>270.50 ARVIND>284 if in; See RECLTD>340;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
FRL In at 102, Out at 103.40 Sudden profits have come, if you had entered
earlier at 102; There can be more here
ORIENTBANK Flat and choppy today; Avoid
TVSMOTOR Hold>270.50, SL-264 Very flat at 269; There can be more here
ARVIND If in at 284
Hold>284, SL-281
Careful.. Go Marginal if there is no upward
movement in the next half-hour
IDBI Choppy & Uncertain; Avoid
RECLTD See > 340 Still Low chances; But keep watching..

Our Suggests are uncertain today and are giving profits in a belated and sudden
fashion; General market has also remained static after our last Update; Wait for
your chance; They will come suddenly today; Be quick to take the opportunity;
Be very careful; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty is holding all opening gains and is doing very well; The Resistance at
8260, however, is still holding although the crucial psychological level of 8250
has been crossed; The Nifty is just above 8270, in the green; Asian markets
are almost all in the green; Japan has gone marginally into the red because of
a suspected Ebola case in Tokyo; The Rupee is still a little weak at 63.6499;
Europe is expected to open mixed; There are no positive domestic cues;
We expect the Nifty to carry on with range-bound trading around 8260;
Be very alert; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

29Dec(2:30) Mkt in green; Flat & quiet; No Suggest gave
profit; ARVIND Marginal; No Suggest looks good for
LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
FRL Another sudden chance had come;
But best to Stay Away now
ORIENTBANK Flat, choppy and going down; Avoid
TVSMOTOR Out at 270.70 No point holding this any further
ARVIND Marginal at 284 Or maybe a very slight loss has been incurred
IDBI Choppy & Uncertain; Avoid
RECLTD Going down; Avoid

Our Suggests are still uncertain today; Staying on at this stage will now be risky;
If you have made any profits at all today, it is better to close down and Stay Away;
The general market is going nowhere; You should protect whatever profits you have
made and Stay Away; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty keeps doing well and is holding all opening gains; The Nifty is at 8260
now, in the green; The index has been very choppy and in the broad 8240-8280
range since our last Update; But the crucial psychological level of 8250 is still
being held; The Resistance at 8260 is also technically still holding; Asian markets
are almost all in the green; Japan is marginally down but South Korea is over -1%
down; Europe is trading mixed; The Rupee is still a little weak at 63.6824; There
are no domestic cues; We expect the Nifty to carry on with range-bound trading
around 8260; Hopefully, Nifty will give a closing above 8250 today; Do not
take unnecessary risks in last hour; Today we will close green.

 


 

Please also see our Today's Performance or Details page