IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 12-Jan-2015


 

SUGGESTS:

 

CROMPGREAV

 

HEXAWARE

 

HINDALCO

 

ALSO SEE:

ANDHRABANK

TVSMOTOR

VOLTAS

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, 12-Jan-2015

SMS Pre-Market

Suggests: CROMPGREAV HEXAWARE HINDALCO;
Also See: ANDHRABANK TVSMOTOR VOLTAS;
Valid for: 12-Jan-2015; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8300, 8330, 8360, 8410, 8450;
NIFTY Support levels are: 5250, 8220, 8190, 8160, 8120;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected from our market today, tracking mixed cues in
Asia and because US stocks witnessed a sharp decline on Friday as December's jobs
report gave a mixed view of the economy; European shares also ended lower on Friday
as weak data from Germany dampened sentiment; Meanwhile, oil prices continued to
slide amid worries of over supplies and lack of demand; Our market will watch the IIP
data for the month of October and consumer price index (CPI) numbers for December
which will be released later today; 8200-8190 is strong Support for the Nifty now, and
should hold today; On the upside the main target for the Nifty will be to hold 8250
and get past 8300; But the general trend may be negative today due to global cues;
Another day to be careful for the intraday trader wanting to go LONG as we may
not get much range in a down market; 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 62.1000; WTI Crude is at $48.36

 


 

SMS-1

12Jan(10:00) Flat openng; Going Choppy;
See ANDHRABANK>94 VOLTAS>248.50;
Watch HEXAWARE>213 HINDALCO>155;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty around 8290 today; The Nifty had gone down to touch
8250 immediately after opening, but has now come back to the line at 8285; At
8285 now, marginally in the green; This 8290-8320 is good Resistance zone for
the Nifty that may be difficult to cross, as seen on Friday; But a slight positive bias
may be developing now; Be careful if you want to play Intraday in LONG; Wait for
the right opportunity before you enter; Meanwhile, ANDHRABANK could have
already given you some profits in LONG following PricePoints; ANDHRABANK
should have been in at 92.50 and out at 93.50; See these if market upturn
comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ANDHRABANK 94 92 95 96 630
VOLTAS 248.50 245 250 252 240

Also watch HEXAWARE>213 and HINDALCO>155 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

12Jan(11:00) Mkt flat & choppy; ANDHRABANK added profit;
Hold ANDHRABANK>94 if in; See HEXAWARE>213.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CROMPGREAV May go up now; Watch after 191
HEXAWARE See > 231.50 Stuck at 212; Can flare up; Watch this
HINDALCO Going down; Avoid, for now
ANDHRABANK In at 92.50, Out at 94
Hold>94, SL-92
There can be more, but be careful
TVSMOTOR Going down; Avoid, for now
VOLTAS Choppy & Uncertain; Avoid, for now

ANDHRABANK has given some profits after opening and 2 others look promising;
However, the general market conditions do not support intraday trading in LONG; So,
be very careful; Do not set your terminal to auto-buy at any Trigger; Wait for level to be
crossed and wait for a definite uptrend before you buy; 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.

The Nifty is flat and quiet around the line at 8285 now; Has been in the 8250-8300 band
since our last Update; But the general trend is still down because of global cues and
absence of positive domestic inputs; As said earlier, 8290-8320 is strong Resistance
and if this is not crossed quickly, it is possible for some down side may come in;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

12Jan(12:30) Mkt in red; Going down; CROMPGREAV gave profit;
Hold ANDHRABANK>94 if in; No other looks good for LONG now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV In at 191, Out at 192.80 Has fallen to 190 after that;
This can give another chance later
HEXAWARE Choppy & Uncertain; Avoid
HINDALCO Flat at 152.50; This can flare up
ANDHRABANK Hold>94, SL-92 No progress after last Update
TVSMOTOR Gave a sudden, sharp chance that was
difficult to handle; Going down now; Avoid
VOLTAS Going down now; Avoid

Our Suggests are not getting any space to flex its muscles; The overall market is not
supportive; It will be best to Stay Away now, specially if you have already made some
profits today; 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.

The Nifty has taken a small fall from around the line at 8290 to touch a low of 8255;
At 8265 now, in the red; Asia is trading negative; Europe opening is not expected to
be encouraging; And the Rupee is showing no progress at 62.2005; For the Nifty,
8250 is a strong Support and should hold for now; We expect the Nifty to get back
to the line and be in the broad 8250-8300 range until we get some trigger;
Be very alert; Do not take undue risks; Stay Away if you are not sure.

 


 

SMS-4

12Jan(2:30) Mkt in green; +ve bias; ANDHRABANK added profit;
Hold ANDHRABANK>95.50 if in; CROPMGREAV>191 VOLTAS>246
good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CROMPGREAV See > 191 This can give a second innings now
HEXAWARE Choppy & Uncertain; Avoid
HINDALCO Going down; Avoid
ANDHRABANK Out at 94.40
Hold>94.50, SL-93
There can be more, but be very careful
TVSMOTOR Choppy; But a sudden upside can come
VOLTAS See > 246 Flat & Choppy; Sudden upside possible

Our Suggests have not been able to deliver anything further after our last Update;
Only ANDHRABANK is inching forward; 2 others are now showing promise as the
overall market has improved; But be very careful going forward as there are multiple Resistances ahead; Keep constant vigil; Protect you profits; Do not take unnecessary risks; Consider Staying Away now in the last hour, specially if you are in profit.

The Nifty has recovered as the global cues have turned positive; Asia is now closing
mostly in the green; Europe is trading all in the green; The Rupee is holding at
62.2555; The Nifty is at 8320 now, in the green, having come up from a low of 8255;
We expect the Nifty to recover some more, but there are multiple Resistances from
8320 to 8360; A green closing above 8300 looks 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