IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 02-Jan-2015


 

SUGGESTS:

 

BHARTIARTL

 

EXIDEIND

 

JINDALSTEL

 

ALSO SEE:

ADANIENT

BHEL

JETAIRWAYS

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, 02-Jan-2015

SMS Pre-Market

Suggests: BHARTIARTL EXIDEIND JINDALSTEL;
Also See: ADANIENT BHEL JETAIRWAYS;
Valid for: 02-Jan-2015; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8320, 8350, 8380, 8410, 8450;
NIFTY Support levels are: 8260, 8220, 8190, 8160, 8130;

 

Pre-Market Alert: 9:15am

A slight positive opening is expected from our market today, tracking the world
markets where trading is largely positive as of now; The Nifty is again expected
to retry to get past the crucial psychological level of 8300 in trade today; We
have not been able to achieve this level despite several attempts this week; But
trading is likely to remain largely range bound through the day given the lack of
strong directional cues, both global and domestic; Overnight, US markets remained
closed on account of new year holiday; Most of the Asian markets such as Japan,
China, South Korea, Thailand and the Philippines remain shut today as well, on
account of new year holiday; For the Nifty, 8250-8260 is now the turning point;
As long as this level is held, we have chance of going towards 8320-8350;
Do not take unnecessary risks; It is better to be safe, than to be sorry;
INR-US$ is at 63.4650; WTI Crude is at $53.27

 


 

SMS-1

02Jan(10:00) Flat openng; Going good;
See JINDALSTEL>165 BHEL>273.50;
Watch BHARTIARTL>365 JETAIRWAYS>440;
For LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

Slight positive opening for the Nifty at about 8290 today; The Nifty has given
a smart uprise immediately after opening today that has taken the index to above
8350; Nifty is at 8360 now, in the green; Definite positive bias; 8380 is the next
Resistance that will be tested now; Meanwhile, JINDALSTEL could have given
you some profits in LONG following PricePoints; JINDALSTEL should have been
in at 161 and out at 163; If still in, Hold JINDALSTEL>164 with a StopLoss of
161; Otherwise, See these if market upturn holds now with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
JINDALSTEL 165 161 167 170 360
BHEL 273.50 271 275 277 210

Also watch BHARTIARTL>365 and JETAIRWAYS>440 if upsurge
strengthens now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

02Jan(11:00) Mkt +ve & flat; JETAIRWAYS gave profit; Hold
BHEL>274 JETAIRWAYS>443 if in; See BHARTIARTL>365
EXIDEIND>190 if mkt turns up again; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHARTIARTL See > 365 Going flat now; Some chances seen later
EXIDEIND See > 190 This can also give a chance later today
JINDALSTEL In at 161, Out at 163.50 Going flat now; No further development
ADANIENT Choppy & Uncertain; Avoid, for now
BHEL In at 273.50
Hold>274, SL-271
This is also showing signs of going up..
JETAIRWAYS In at 440, Out at 443.50
Hold>443, SL-435
Flat now; But can go up later today

Our Suggests are showing promise, but we have not been able to get any great benefits
from the huge upsurge in the market after opening today; We could have done much
better; But do not lose hope; Remember, we had done very well yesterday in spite of
a very flat and largely negative market; Keep constant vigil; Get out if in doubt;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has been able to reach 8380 after our last Update; The index is at 8380
now and has become flat at this level; This is a good Resistance level and needs to
be crossed for further upside; 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 holding
at 63.3200; We need some good trigger to take the market higher, otherwise we will
get into range-bound trading and some consolidation at this 8380 level;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

02Jan(12:30) Mkt in green; Going good; BHEL JETAIRWAYS gave
profit; Hold BHARTIARTL>365 BHEL>276 JETAIRWAYS>444
if in; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL In at 365
Hold>365, SL-362
Going very choppy now; Go Marginal if there
is no upward movement in next half-hour
EXIDEIND This is swinging up and down; Risky;
Avoid, for now
JINDALSTEL Going very flat now at 161.50;
But there can be a sudden upmove here
ADANIENT Choppy & Uncertain; Avoid this
BHEL Out at 275.50
Hold>276, SL-273
There is more here today
JETAIRWAYS Out at 444
Hold>444, SL-438
Flat again; There can be more here, but
you will have to be very careful..

Our Suggests are performing more or less OK, but we have not been able to take full
advantage of the smart upmove by the Nifty today; But everything is not lost; There
is still time; Keep constant vigil; Protect you profits and get out if in doubt;
Do not take unnecessary risks; Stay Away if you are not sure.

There is a steady upward bias in the Nifty seen after our last Update; December factory
growth, measured by the HSBC manufacturing PMI has come in at 2-year high of 54.5
and this may have been a small trigger; The Nifty is at 8390 now, in the green; Strong
Resistance at 8380 has been crossed and we are well in line to go over 8400; World
markets are mostly closed today, so there are no global cues; There are no domestic
cues either; The Rupee is holding at 63.2900; If the Nifty can hold the present
levels and stay above 8380 for some more time, we might get a closing above
8400 today; Be very alert; Protect your profits; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

02Jan(2:30) Mkt in green; Flat; 3 Suggests gave profit;
JINDALSTEL BHEL JETAIRWAYS still good for more
in LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Out at 367 But the profits came after half-hour;
This will be considered as Marginal
EXIDEIND Going down; Avoid
JINDALSTEL Out at 164.50 Going down now; No further prospects seen
ADANIENT Choppy & Uncertain; Avoid
BHEL Out at 276.50 This is also going down; Low prospects now
JETAIRWAYS Out at 446 This has become choppy; Low prospects now

We see very low chances for further profits from our Suggests in the last hour, although
JINDALSTEL BHEL JETAIRWAYS may still add some more; It will be risky to stay
on after this; Keep constant vigil till the end; Protect you profits;
Do not take unnecessary risks; Best to Stay Away now.

The target for the Nifty - to cross 8400 - was reached after our last Update; The
Nifty touched a high of 8410 and has come down slightly after that; At 8380 now,
in the green; This level of 8380 is a Strong Resistance and has come into play again;
World markets are mostly closed today, and there are no domestic cues; The Rupee
is holding at 63.3050; The Nifty needs to get above 8380 any time soon, to get
a closing above 8400 today; Do not take unnecessary risks in last hour;
Today we will close green.

 


 

Please also see our Today's Performance or Details page