IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 05-Jan-2015


 

SUGGESTS:

 

ASHOKLEY

 

BHEL

 

TATAMOTORS

 

ALSO SEE:

IBREALEST

JINDALSTEL

LICHSGFIN

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, 05-Jan-2015

SMS Pre-Market

Suggests: ASHOKLEY BHEL TATAMOTORS;
Also See: IBREALEST JINDALSTEL LICHSGFIN;
Valid for: 05-Jan-2015; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8410, 8450, 8490, 8520, 8540;
NIFTY Support levels are: 8370, 8350, 8320, 8290, 8260;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected from our market today, tracking Asian
markets where trading is largely mixed as of now; Tracking the momentum,
the Nifty is expected to recoup intraday losses and head higher to reclaim its
crucial psychological level of 8400 that it had briefly crossed on last Friday;
Like before, trading is likely to remain largely range bound through the day
given the lack of significant domestic cues; But volumes should increase as
the Christmas & New Year Holidays are now over; For the Nifty, 8410-8420 is
First Resistance followed by 8450-8460; On the lower side, 8300-8280 is
strong Support; Be very careful today if you want to play intraday in LONG;
Do not take unnecessary risks; It is better to be safe, than to be sorry;
INR-US$ is at 63.4300; WTI Crude is at $52.69

 


 

SMS-1

05Jan(10:00) Flat openng; Choppy;
See ASHOKLEY>57.50 JINDALSTEL>167;
Watch IBREALEST>74.50 LICHSGFIN>479;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight positive opening for the Nifty at about 8420 today; The Nifty has been
flat and choppy around 8420 after opening today with slight positive bias
seen now; Nifty is at 8420 now, in the green; This 8410-8420 is a Resistance
area that needs to be crossed for further upmove; Meanwhile, ASHOKLEY could
have given you some profits in LONG following PricePoints; ASHOKLEY should
have been in at 56.40 and out at 57.40; If still in, Hold ASHOKLEY>57.50
with a StopLoss of 56; Otherwise, See these if market upturn comes now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ASHOKLEY 57.50 56 58 59 1040
JINDALSTEL 167 164 168 169 350

Also watch IBREALEST>74.50 and LICHSGFIN>479 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

05Jan(11:00) Mkt +ve & flat; 2 Suggests gave profit; Hold
ASHOKLEY>58 TATAMOTORS>522 if in; See LICHSGFIN>477.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASHOKLEY In at 56.40, Out at 57.75
Hold>58, SL-57
There is more here today
BHEL Going down; Avoid, for now
TATAMOTORS In at 514, Out at 522
Hold>522, SL-515
Going flat now; But there can be more later
IBREALEST Choppy & Uncertain; Avoid, for now
JINDALSTEL Stuck at 165; But this can go up later..
LICHSGFIN See > 477.50 This is also stuck at 475; Can go up..

Our Suggests are showing promise, and good-enough profits have already come from
2 of them; Right now, the overall market is uncertain and undecided; Keep constant
vigil; Get out if in doubt; Protect your profits; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty has reclaimed the 8400-level at the opening bell, and is doing very well
to hold on to it till now; However, the slight positive trend we saw last time, is
now gone, and the Nifty is choppy in the 8420-8440 range now; In the green;
Range-bound trading is likely to continue; Asian markets are mixed; The Rupee
is holding at 63.4100; There are no domestic cues; We need some good trigger
to take the market higher, otherwise we might see some consolidation at the
8400-level; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

05Jan(12:30) Mkt in green; Choppy; ASHOKLEY added profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Out at 58.25 Stuck at 57.50; But can go up suddenly..
BHEL Flat & Choppy; Watch after 274
TATAMOTORS No further progress; Going down now;
But can still turn around; Watch after 522
IBREALEST Choppy & Uncertain; Avoid
JINDALSTEL Stuck at 164.50; But this can still go up..
LICHSGFIN Choppy & Uncertain; Avoid

We are at a stage where there is nothing at present but lots of promise in the next
one-hour; However, if you have already made adequate profits today, it is better
that you close shop and retire for the day; The general market is going nowhere;
So, Protect your profits and Stay Away; Do not take unnecessary risks;
Stay Away if you are not sure.

The Nifty has been able to hold the 8400-level; After our last Update, the index
had fallen down to below the line and into the red; It had touched a low of 8390;
It had bounced back from that level and is at 8410 now, in the green; Holding the
8400-level; Going flat and choppy now; Asian markets are still mixed; Europe opening
is also expected to be mixed; The Rupee is holding at 63.3755; There are no domestic
cues; We will continue to consolidate in the 8400-region if we do not get any good
trigger; Be very alert; Protect your profits; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

05Jan(2:30) Mkt in red; -ve bias; No Suggest gave profit;
None good for LONG now; All can profit if mkt turns up;
But best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Still stuck at 57.50; Avoid
BHEL Going down; Avoid
TATAMOTORS In at 522, Out at 526 There were some more profits, if you were
holding, or for fresh entry; This can give more
IBREALEST Going down; Avoid
JINDALSTEL Going down; Avoid
LICHSGFIN Choppy & Uncertain; Avoid

We highly recommend that you give up any further trading in intraday in LONG at this
time as going on from here will be very risky; You should have already made your
profits for today; The general market is going down; Protect your profits and
Stay Away; Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty has not been able to hold the 8400-level after our last Update; It was
fluctuating between 8400-8410 when it fell to a low of 8370; This region of 8350-
8370 is good Support level and is holding right now; Nifty is at 8380 now, in the
red; Asian markets are closing mixed; Europe is also trading mixed; The Rupee is
at 63.3354; There are still no domestic trigger; We hope that the Support at 8370
holds and the Nifty goes back to 8400 at closing today; However, some more profit
booking downside is still possible; Do not take unnecessary risks in last hour;
Today we will close red/flat.

 


 

Please also see our Today's Performance or Details page