IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 06-Jan-2015


 

SUGGESTS:

 

CAIRN

 

HDIL

 

TATAMOTORS

 

ALSO SEE:

APOLLOTYRE

HINDPETRO

ONGC

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 Tuesday, 06-Jan-2015

SMS Pre-Market

Suggests: CAIRN HDIL TATAMOTORS;
Also See: APOLLOTYRE HINDPETRO ONGC;
Valid for date: 06-Jan-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8410, 8450, 8490, 8520, 8540;
NIFTY Support levels are: 8350, 8320, 8290, 8260, 8220;

 

Pre-Market Alert: 9:15am

A slight gap-down opening is expected from our market today, tracking significant
losses in Asian markets and the overnight sharp decline on Wall Street; Globally
equity markets have declined on sustained fall in global crude prices and concerns
over political uncertainty in Greece; The Nifty is expected to re-test the Support
at 8290-8280 in trade today; More Support is at 8260-8250; Trading is likely to be
range-bound around 8300 today; The release of HSBC Service PMI data later today
can bring some cheer; Be very careful if you want to play intraday in LONG in such
falling markets; Do not take unnecessary risks; Better be safe, than sorry;
INR-US$ is at 63.3500; WTI Crude is at $50.04

 


 

SMS-1

06Jan(10:00) Gap-down openng; Going down;
See TATAMOTORS>508 HINDPETRO>568;
Watch CAIRN>239 ONGC>346;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Good gap-down opening for the Nifty at about 8320 today; The Nifty has been
going down steadily after opening today with a definite negative bias and has
hit a low of 8200 already; A loss of about 130 points in the first half-hour;
There can be more downside; This 8200-8190 is another Support zone that
is holding now; Next Support is at 8170-8160; Be careful if you want to play
Intraday in LONG in a falling market; See these if market upturn comes now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAMOTORS 508 503 511 515 110
HINDPETRO 568 560 571 573 100

Also watch CAIRN>239 and ONGC>346 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

06Jan(11:00) Mkt -ve & flat; No Suggest gave profit; Hold
HINDPETRO>568 if in; See HDIL>70 APOLLOTYRE>225
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CAIRN Flat & Choppy; But chances after 238
HDIL See > 70 Flat & Choppy; But there can be chances
TATAMOTORS Choppy; But there can be chances after 509
APOLLOTYRE See > 225 Took a big fall; Recovering now
HINDPETRO In at 568
Hold>568, SL-560
Flat & Choppy around 567; Be careful if
holding; But there can be profits here
ONGC Going down; Avoid, for now

As we have said before, today's market is very risky for intraday traders wanting to
go LONG; As expected, our Suggests are also not performing; Be very careful
today; Wait for the market to settle down first before taking positions in
LONG; Keep constant vigil; Get out if in doubt; Do not take unnecessary
risks; Stay Away if you are not sure.

The Support at 8200 is still holding; The Nifty has bounced back once from this
level, going up to 8235 before coming crashing back; Nifty at 8200 now, deep in
the red; 180-points below yesterday's closing; World markets are heavily down with
major ones at -2%; But the Rupee is holding at 63.3650; In our first release today
we had said that the market is likely to be range-bound around 8300 today, instead
it is likely to be fluctuating around 8200 now; We need some good trigger now to
turn the market around; Otherwise some more profit booking downside is still
possible; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

06Jan(12:30) Mkt in red; Going Flat; No Suggest gave
profit; None look good for LONG now; All can profit
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Flat & Choppy; But chances after 238
HDIL Flat & Choppy; Avoid, for now
TATAMOTORS Choppy; But there can be chances after 509
APOLLOTYRE Flat & Choppy; But chances after 225
HINDPETRO Flat & Choppy; Go Marginal at 568
ONGC Might recover; Chances after 341

We have said a lot of things about our Suggests in the box above, but we are not at
all confident about them today; But the situation can change if the market turns up;
Be patient and wait for that to happen; Otherwise Stay Away; Remember, it is better
to go profit-less rather than going into loss; Do not take unnecessary risks;
Stay Away if you are not sure.

The Support at 8200 continues to hold; The Nifty is at 8200 now, in the red,
trading quietly in the 8190-8220 range; World markets are still heavily down;
The Rupee is holding at 63.3750; There are no domestic cues; As said before,
we need some good trigger now to turn the market around, otherwise the Nifty
will remain around 8200, or go down; Be very alert; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

06Jan(2:30) Mkt in red; -ve bias; HINDPETRO gave
profit; No Suggest look good for profits in LONG now;
Best to Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Going down; Choppy; Avoid
HDIL Choppy & Uncertain; Avoid
TATAMOTORS This is also Uncertain; Avoid
APOLLOTYRE Going up & down around 223; Uncertain
HINDPETRO In at 568, Out at 576; There can be more here, But be careful...
ONGC Flat & Uncertain; Avoid

Some profits have come from HINDPETRO; We cannot say this was really expected,
but HINDPETRO was the best looking Suggest today right from the beginning; No other
except this, looks good for LONG now; Even this is tentative from here; The general
market is going down further; If you have made some profits today, it is best to
Stay Away now; Protect your profits; Do not take unnecessary risks in last hour.

The Nifty is going from bad to worse; As we had feared in our last Update, the
8200-level for the Nifty could not be held as we did not get any positive input
from global or domestic sources; Profit booking has increased further; The Nifty
is at 8160 now, deep in red; Already 220-points down, might go down further;
This is a record fall in quite some time; We hope that the Support at 8130 holds
and the Nifty attempts to recover some space before closing today; Do not
take unnecessary risks in last hour; Today we will close red.

 


 

Please also see our Today's Performance or Details page