IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 01-Jan-2015


 

SUGGESTS:

 

ADANIPORTS

 

ANDHRABANK

 

BHEL

 

ALSO SEE:

ADANIENT

DISHMAN

IDEA

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 Thursday, 01-Jan-2015

SMS Pre-Market

Suggests: ADANIPORTS ANDHRABANK BHEL;
Also See: ADANIENT DISHMAN IDEA;
Valid for: 01-Jan-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8320, 8350, 8380, 8410, 8450;
NIFTY Support levels are: 8250, 8210, 8170, 8150, 8130;

 

Pre-Market Alert: 9:15am

A negative-to-flat opening is expected from our market today, on the first trading
session of the New Year tracking the significant overnight losses on Wall Street;
The Nifty is again expected to retest its crucial psychological level of 8250 in trade
today; The Index may edge higher later in the session on the back of core sector
growth reaching a five-month high in the month of November at 6.7%; Trading is
expected to be quiet and of low volume today as most of the Asian and European
markets, and the US markets, are closed today on account of New Year holiday;
8210 is still the focal point and the level to watch for the Nifty; 8250 is the First
Support today; As before, the target for the day is to cross 8300 at closing;
Do not take unnecessary risks; It is better to be safe, than to be sorry;
INR-US$ is at 63.2350; WTI Crude is at $53.27

 


 

SMS-1

01Jan(10:00) Gap-down openng; Choppy;
See ADANIPORTS>321.50 ANDHRABANK>101;
Watch BHEL>268 ADANIENT>489;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight negative opening for the Nifty at about 8275 today; The Nifty had taken
a big fall immediately after opening and went down to hit a low of 8250; This is
a strong Support; The Nifty has bounced back from there to get back to 8270
level; Nifty at 8270 now, trying to recover; We expect the Nifty to get into range
bound trading till we get some trigger; Meanwhile, ANDHRABANK could have given
you some profits in LONG following PricePoints; ANDHRABANK should have been in
at 96 and out at 100; If still in, Hold ANDHRABANK>100.50 with a StopLoss of
98; Otherwise, See these if market upturn comes now with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIPORTS 321.50 317 325 328 180
ANDHRABANK 101 98 102 103 590

Also watch BHEL>268 and ADANIENT>489 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

01Jan(11:00) Mkt -ve & flat; DISHMAN gave profit;
Hold DISHMAN>140 if in; See IDEA>156 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS In at 321.50, Out at 322.50
Marginal, till now
Going down now; Low prospects seen
ANDHRABANK Out at 100.50 This can give a second chance later today
BHEL In at 268
Marginal, till now
Going down; Low prospects seen now
ADANIENT Going down; Low prospects seen now
DISHMAN In at 135, Out at 140
Hold>140, SL-134
This is also showing signs of going down..
IDEA See > 156 This can go up later today

Our Suggests are showing promise, but we are not 100% confident with them; Some
are Marginal as of now, and can easily go either way - give a profit or go into loss;
Be very careful with our Suggests now; Keep constant vigil; Get out if in doubt;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has remained in a narrow 10-point range of 8265-8275 since our last
Update, exactly as we had expected; The Nifty is at 8270 now, in the red; This
level of 8270 is again a good Resistance and needs to be crossed for further
upside recovery; World markets are mostly closed today,so there are no global
cues to fall back on; There are no domestic cues either; The Rupee is moving
towards 62 and is at 63.1640 now; We need some good trigger to take the
market higher; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

01Jan(12:30) Mkt in red; Going Flat; BHEL gave profit;
Hold BHEL>269 DISHMAN>140 if in; IDEA Marginal;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Marginal Stuck at 320; Avoid, for now
ANDHRABANK No further progress; Going down now
BHEL Out at 269.50
Hold>269, SL-265
Low prospects seen even now; Careful..
ADANIENT Going down; Choppy; Avoid
DISHMAN Hold>140, SL-134 Stuck at 139; Careful..
IDEA In at 156, Out at 156.75 Like others today, Marginal till now

Our Suggests continue to be uncertain today; But some profits are coming from here
and there; Some are Marginal even now, and can go either way; Keep constant vigil;
Get out if in doubt; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has remained in a narrow 15-point range of 8265-8280 since our last
Update, exactly as we had expected; The Nifty is at 8275 now, in the red; The
Resistance at 8270 is still holding, technically; World markets are mostly
closed today; There are no domestic cues either; The Rupee is doing good and
is at 63.1640 now; We need some good trigger to take the market higher; If
Nifty can hold the present levels and stay around 8270 for some more time,
there is every chance that we might go higher and into the green later in
the day; Be very alert; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

01Jan(2:30) Mkt in red; +ve bias; IDEA gave profit;
Hold IDEA>158; No other good for LONG
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS No progress; Stuck at 319; Avoid
ANDHRABANK No further progress; Stuck at 97; Avoid
BHEL Choppy between 268 and 269; Watch this..
ADANIENT Choppy & Uncertain; Avoid
DISHMAN Stuck at 139; But this can still go up
IDEA Out at 157.50
Hold>158, SL-155
There can be more here in last hour

As we have said earlier, our Suggests are uncertain today and profits are coming in
bits and pieces; At this time, only IDEA looks good for more, although BHEL and
DISHMAN also show promise; Considering the fact that the Nifty has been flat and quiet
the whole day today, we are actually in a good profitable position today; But keep
constant vigil till the end; Get out if in doubt; Do not take unnecessary risks;
Stay Away if you are not sure and/or if you are in profit.

The Nifty has remained in a narrow 20-point range of 8260-8280 since our last
Update, exactly as we had expected; The Nifty is agian at 8275 now, in the red,
coming up from below 8260; Resistance at 8270 is still holding, technically;
World markets are mostly closed today; There are no domestic cues either; The
Rupee is holding at 63.2825; As we said before: if Nifty can hold the present
levels and stay around 8270 for some more time, we will move up into the green
before closing today; There is good chance that the Nifty will give a late burst
to get to our target of 8300; Do not take unnecessary risks in last hour;
Today we will close green.

 


 

Please also see our Today's Performance or Details page