IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 08-Jan-2015


 

SUGGESTS:

 

ASHOKLEY

 

LICHSGFIN

 

NTPC

 

ALSO SEE:

POWERGRID

ROLTA

TVSMOTOR

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, 08-Jan-2015

SMS Pre-Market

Suggests: ASHOKLEY LICHSGFIN NTPC;
Also See: POWERGRID ROLTA TVSMOTOR;
Valid for: 08-Jan-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8150, 8180, 8230, 8260, 8290;
NIFTY Support levels are: 8080, 8060, 8010, 7960, 7920;

 

Pre-Market Alert: 9:15am

A gap-up opening is expected from our market today, tracking very positive cues
from the US and other Asian markets, backed by a good recovery by the Rupee; We
should see some upside today after the 3-day thrashing in the stock market that
brought the Nifty almost 300-points down from 8395 to 8102 on closing basis;
Overnight, US stocks ended higher from five straight sessions of losses after
strong private sector jobs data and as minutes from the most recent US Federal
Reserve meeting reassured investors the bank was in no hurry to start raising
interest rates; However, there are no domestic cues expected and the near-term
outlook is still down; So, we may get a good start, but whether the Nifty will
be able to hold the opening gains, is in doubt; Yesterday's Support at 8110-8080
should continue to hold and getting past 8200 is again the first target for today;
Be very careful if you want to play intraday in LONG today as markets like this,
where we open high and then stay there, is very good for the positional player
but risky for intraday; Do not take unnecessary risks; Wait for a good
opportunity and then be quick to take advantage; Take small profit & exit;
INR-US$ is at 63.0990; WTI Crude is at $48.65

 


 

SMS-1

08Jan(10:00) Big Gap-up openng; Flat;
See NTPC>145.50 TVSMOTOR>286.50;
Watch ASHOKLEY>61.50 ROLTA>102;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Big 100-point gap-up opening for the Nifty just above 8200 today; The Nifty
has come down a little and is at 8180 now; Trading quiet and flat at that level;
8170-8160 has been good Support levels in the past, and can hold the Nifty here
for some time till we get some trigger for direction; First target will be get
past 8200 and then hold it; Be careful if you want to play Intraday in
LONG; Wait for the right opportunity before you enter;
See these if market upturn comes now with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
NTPC 145.50 142 147 148 410
TVSMOTOR 286.50 282 288 290 200

Also watch ASHOKLEY>61.50 and ROLTA>102 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

08Jan(11:00) Mkt +ve & flat; ROLTA TVSMOTOR gave profit;
Hold ROLTA>104 TVSMOTOR>289 if in; Some others also
look good if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASHOKLEY Stuck at 61; This can flare up; Careful..
LICHSGFIN Stuck at 465; Can flare up; Careful..
NTPC Going up slowly; Watch after 145.50
POWERGRID Going down; Avoid, for now
ROLTA In at 102, Out at 104
Hold>104, SL-102
Flat around 103.50; But there can be more
TVSMOTOR In at 286.50, Out at 289
Hold>289, SL-285
There can be more here today

Good profits have come from 2 of our Suggests and a few more also look promising;
However, be very cautious as this is not a very good market for Intraday Traders
wanting to go LONG, as we have explained before; Keep constant vigil; Take small,
small profits and exit; Buy again, if the upside persists; Get out if in doubt;
Do not take unnecessary risks; Stay Away if you are not sure.

The Nifty is doing a good job in holding on to the opening gains; At 8190 now, in
the green, trading within the 8170-8200 range; Going flat and quiet; Asian markets,
except China, are all in the green; The Rupee is good at 63.0090; We expect the Nifty
to get a slight positive bias and proceed towards 8200 later in the day; Unless some
negative trigger comes along; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

08Jan(12:30) Mkt in green; Slight +ve bias; TVSMOTOR
added profit; Hold ROLTA>104 TVSMOTOR>290 if in; See
LICHSGFIN>468; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Still stuck at 61; This can flare up..
LICHSGFIN See > 468 There is chance here; Careful..
NTPC Stuck at 145; This can also flare up..
POWERGRID Going down; Avoid, for now
ROLTA Hold>104, SL-102 No development; But there can be more
TVSMOTOR Out at 290
Hold>290, SL-287
There can be more here today

Our Suggests are doing as per expectation, and adequate profits have already come if
you have played correctly; General market is also doing well, and we might get some
more upside if Europe opens good; But do not get over-enthusiastic; Keep constant
vigil; Protect you profits; If you decide to stay, take small, small profits and
exit; Buy again, if the upside persists; Get out if in doubt; Do not take
unnecessary risks; Stay Away if you are not sure.

The Nifty is doing a good job of holding on to the opening gains and getting up to
8200-level; At 8200 now, in the green, coming up from 8180; Slight positive bias
is seen; Asian markets, except China, are still in the green; The Rupee is good at
63.0050; We expect the Nifty to stay in the broad 8180-8230 region; Unless
some trigger comes to give sharp direction; Good passage above 8230
is possible only if we get a positive trigger; There are no domestic cues;
Good Europe opening can act as that trigger; Wait & Watch; Be very
alert; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

08Jan(2:30) Mkt in green; +ve bias; 2 Suggests gave profit;
Hold LICHSGFIN>470 TVSMOTOR>297; No other looks
good for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Choppy & Uncertain; Avoid
LICHSGFIN In at 468; Out at 471
Hold>470, SL-466
There can be more here; Be Careful..
NTPC Stuck at 145; Low chances of a flare up..
POWERGRID Choppy & Uncertain; Avoid
ROLTA No development; Avoid this now
TVSMOTOR Out at 297
Hold>297, SL-292
There can be more here in last hour

TVSMOTOR has done very well today, and is poised to do even more in the last hour; It
has been joined by LICHSGFIN but we are not very hopeful of more profits from here;
Just like ROLTA did not give anything more after the initial burst; But do not get
over-enthusiastic; Do not push your luck; Keep constant vigil; Protect you
profits; Get out if in doubt; Do not take unnecessary risks in last hour.

The Nifty is doing a very good job of holding on to the opening gains and getting up
to beyond 8200-level; At 8230 now, in the green; Distinct positive bias is seen;
Asian markets, except China, and all of Europe are in the green; China, surprisingly,
is over -2% in the red; The Rupee is also doing very good and has gone well below 63 -
is at 62.6800 now; All these have contributed in taking the Nifty across the Resistance
at 8230 and towards the next one at 8260; We now expect the Nifty to give a closing
around 8250; Unless we get any negative trigger to take the market sharply down;
Do not take unnecessary risks in last hour; Today we will close green.

 


 

Please also see our Today's Performance or Details page