IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 09-Jan-2015


 

SUGGESTS:

 

LICHSGFIN

 

TVSMOTOR

 

UNIONBANK

 

ALSO SEE:

AMBUJACEM

DISHTV

DLF

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, 09-Jan-2015

SMS Pre-Market

Suggests: LICHSGFIN TVSMOTOR UNIONBANK;
Also See: AMBUJACEM DISHTV DLF;
Valid for: 09-Jan-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8260, 8290, 8320, 8350, 8380;
NIFTY Support levels are: 8190, 8160, 8120, 8100, 8070;

 

Pre-Market Alert: 9:15am

Another gap-up opening is expected from our market today, tracking positive cues
from the US and other Asian markets, backed by another good recovery by the Rupee;
Tracking the momentum, the index is expected to reclaim its crucial psychological
level of 8300 in trade today; Globally, equity markets have surged on positive
US jobs data, expectations of aggressive action from European Central Bank and
rebound in crude oil prices; Yesterday's Support at 8180-8170 should continue
to hold and getting past 8300 and holding it is the target for today; In the
domestic space, the results cycle for the quarter ended December 2014 will be
started off with Infosys later today; While the Q3 numbers are expected to be
positive, the IT major may cut FY15 revenue guidance; This might be considered
as a negative by the market; So, this is another day to be careful for the
intraday trader wanting to go LONG as we may not get much range; Do not
take unnecessary risks; Wait for a good opportunity and then be quick
to take advantage; Take small profit & exit; Buy again;
INR-US$ is at 62.3800; WTI Crude is at $48.79

 


 

SMS-1

09Jan(10:00) Gap-up openng; Going Flat;
See LICHSGFIN>475 TVSMOTOR>295;
Watch UNIONBANK>232 DLF>142.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another big 60-point gap-up opening for the Nifty around 8290 today; The Nifty
had gone up to touch 8300 immediately after opening, but has now come down a
little; At 8280 now, trading choppy and flat; This 8290-8320 is good Resistance
zone for the Nifty that may be difficult to cross; 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
LICHSGFIN 475 469 478 483 120
TVSMOTOR 295 291 297 299 200

Also watch UNIONBANK>232 and DLF>142.50 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

09Jan(11:00) Mkt +ve & flat; LICHSGFIN gave profit; Hold
LICHSGFIN>479 TVSMOTOR>295 if in; See UNIONBANK>231.50
DLF>141.50 if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
LICHSGFIN In at 475, Out at 479
Hold>479, SL-474
Has come down to 477 now;
But this can give more profits today
TVSMOTOR In at 295
Hold>295, SL-292
Stuck at 295; Can flare up; Careful..
UNIONBANK See > 231.50 Flat and Choppy at 230; Watch this
AMBUJACEM Going down; Avoid, for now
DISHTV Going down; Avoid, for now
DLF See > 141.50 This is also going down now;
But there are chances of a flare up

Some profits have come from LICHSGFIN, but after that the outlook for our Suggests
do not look very encouraging; Go Marginal with TVSMOTOR if there is no upsurge in
the next 10-15 minutes; For the others, do not set your terminal to auto-buy at
given Trigger; Wait for level to be crossed and wait for a definite uptrend before
you buy; Be very cautious as this is not a very good market for Intraday Traders
wanting to go LONG; Keep constant vigil; Take small, small profits and exit;
Buy again, if the upside continues; Get out if in doubt; Do not take
unnecessary risks; Stay Away if you are not sure.

Today also, the Nifty is doing a good job in holding on to the opening gains, but the
crucial psychological level of 8300 has not been crossed as yet; It was just touched
once after opening today; The Nifty is at 8280 now, in the green, trading flat and
quiet in the very narrow range of 8275-8290; Asian markets are still mostly green;
The Rupee is good at 62.3250; In the domestic front, Infosys Q3 results are
awaited but the expectation is good as it has gifted iPhone6 mobiles to 3000
of its top performers; However, 8290-8320 is strong Resistance and if this
is not crossed quickly, it is possible for some down side to come in;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

09Jan(12:30) Mkt in red; Going down; TVSMOTOR gave profit;
No Suggest looks good for LONG now; Wait for mkt to turn up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
LICHSGFIN No developments after last Update;
But there can be a second innings today
TVSMOTOR Out at 296.70 Going down; Avoid, for now
UNIONBANK Going down choppily; Avoid, for now
AMBUJACEM Going down; Avoid, for now
DISHTV Going down; Avoid, for now
DLF Going down; Avoid, for now

Our Suggests have retreated, as was expected; None looks good for LONG at this time;
It will be best to Stay Away now and wait for the market to settle down before you
think of entering further; The Nifty has taken a fall; Let it recover; Keep constant
vigil; Protect you profits; If you decide to enter later on, take small, small
profits and exit; Buy again, if the upside continues; Get out if in doubt;
Do not take unnecessary risks; Stay Away if you are not sure.

As we had feared, the lack of local inputs has caused the Nifty to take a fall; After
our last Update, the Nifty had fallen about 100-points from 8290-level to below
8200 to touch a low of 8190; At 8220 now, in the red; Trying to recover; 8190 is
strong Support and we feel the Nifty will bounce back from here; Asian markets
are still mostly green; The Rupee is holding at 62.3250; But Europe opening may
not be very positive; In the domestic front, Infosys Q3 results are awaited and
expected to be good; We should get back to 8280 soon, if not higher;
Be very alert; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

09Jan(2:30) Mkt on the line; Flat & Choppy;
No Suggest gave profit; None look good for LONG now;
Best to Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
LICHSGFIN None look good for LONG now;
Best to Stay Away in last hour
TVSMOTOR
UNIONBANK
AMBUJACEM
DISHTV
DLF

Our Suggests have not been able to deliver anything further after our last Update;
Protect you profits; Do not take unnecessary risks; It is best to Stay Away
now in the last hour.

The expected move by the Nifty towards 8280 and beyond did not happen after
our last Update, even after good Infosys results; The Nifty is at 8240 now, on the
line, going in and out of the green zone; Asian markets are closing mostly green;
The Rupee is holding at 62.3250; But Europe is trading mostly in the red; Strong
Support at 8190-8200 is still holding and should hold for the day; We expect the
Nifty to recover some more and give a green closing above 8250 today; Even 8280
is possible unless we get any negative trigger to take the market down sharply;
Do not take unnecessary risks in last hour; Today we will close green.

 


 

Please also see our Today's Performance or Details page