IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 14-Jan-2015


 

SUGGESTS:

 

INDIACEM

 

TVSMOTOR

 

WIPRO

 

ALSO SEE:

CAIRN

JETAIRWAYS

SINTEX

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 Wednesday, 14-Jan-2015

SMS Pre-Market

Suggests: INDIACEM TVSMOTOR WIPRO;
Also See: CAIRN JETAIRWAYS SINTEX;
Valid for date: 14-Jan-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8320, 8360, 8410, 8450, 8490;
NIFTY Support levels are: 8270, 8250, 8220, 8190, 8160;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected from our market today, tracking mixed cues in
other Asian markets; After a slight upside seen in the CPI inflation data for December,
the market will wait for WPI inflation data which will be out later today; Yesterday the
Nifty did well to get back to 8300 level at the closing, after a bout of profit taking;
Today, 8250 is still strong Support for the Nifty, followed by 8200-8190; On the
upside the main target for the Nifty will be to hold 8300 and try to get past 8350;
The general trend still remains flat to negative today due to down global cues;
Do not take unnecessary risks; Wait for a good opportunity and then be quick
to take advantage; Take small profit and exit; Buy again if upside continues;
INR-US$ is at 62.1230; WTI Crude is at $45.89

 


 

SMS-1

14Jan(10:00) Flat openng; Going Choppy;
See INDIACEM>93 TVSMOTOR>313.50;
Watch CAIRN>235 SINTEX>96.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A very flat opening for the Nifty around 8295 today; The Nifty has remained
flat and choppy in the 8290-8325 region after opening; No particular bias is seen;
Nifty at 8310 now, in the green; We expect the Nifty to hold 8300-level and trade
in a range around this area; 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 increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
INDIACEM 93 91 94 96 640
TVSMOTOR 313.50 310 316 320 190

Also watch CAIRN>235 and SINTEX>96.50 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

14Jan(11:00) Mkt flat & choppy; No bias; No Suggest gave profit;
See INDIACEM>92.50 CAIRN>234.50 JETAIRWAYS>455
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
INDIACEM See > 92.50 Some upside is coming; Watch this
TVSMOTOR Choppy & Uncertain; Avoid, for now
WIPRO Choppy & Uncertain; Avoid, for now
CAIRN See > 234.50 There can be chances here; Watch this
JETAIRWAYS See > 455 Going up; There can be chances here
SINTEX Flat & Uncertain; Avoid, for now

There are one or two possibilities with our Suggests today, but overall, the situation is
not good; Be very careful with your entry today, or you may get into a loss; 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 8300 since opening today; At 8305 now,
marginally in the green; Has been in the 8290-8310 band since our last Update; Asian
markets are mostly in the red and the Rupee is weak at 62.1100; There are no domestic
inputs; We may see a profit booking downside like yesterday if we do not get any
positive inputs to stabilise our market; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

14Jan(12:30) Mkt in red; Going down; No Suggest gave profit;
None look good for LONG; JETAIRWAYS>455 is only
possibility now; Careful.. See Site -INTDAY

 

Update-3: 1pm

Suggest Action - for LONG Comments
INDIACEM Choppy & Uncertain; Avoid, for now
TVSMOTOR Stuck at 310;
Can flare up if general market improves
WIPRO Going down; Avoid, for now
CAIRN Choppy & Uncertain; Avoid, for now
JETAIRWAYS See > 455 Stuck at 452; There can be chances here
SINTEX Going down; Avoid, for now

We should be prepared for a no-profit-day today; The focus should now be NOT to get
into a loss situation; None of our Suggests, including JETAIRWAYS, look good to
deliver but odd sudden chances can always come; Be ready to catch them if you can;
But as said, do not get into a loss situation; 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 has taken a fall after our last Update, exactly as we had feared; Profit booking
downside has taken the Nifty from the line at 8300 to touch a low of 8240; Nifty is
at 8250 now, in the red; Support at 8270 has been broken but the next one at 8250
is now holding; The downside was triggered by Wholesale Price Index (WPI) inflation
for December which rose marginally to 0.11% versus 0% in November; Food price
inflation rose substantially to 5.2% versus 0.63% in November; There is no help
now from global markets as Asia is almost all in the red and Europe is expected
to plunge down on falling oil prices; The Rupee is also weak at 62.1954; For our
markets, we expect the Support at 8250 for the Nifty to hold and a bounce
back from here; But some more downside can always come depending
on how Europe opens; Be very alert; Do not take undue risks.

 


 

SMS-4

14Jan(2:30) Mkt on the line; +ve bias; JETAIRWAYS gave
profit; Hold JETAIRWAYS>469 if in; None look good
for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
INDIACEM Choppy & Uncertain; Avoid
TVSMOTOR No progress; But watch after 312
WIPRO Might give something after 561
CAIRN Choppy & Uncertain; Avoid
JETAIRWAYS In at 455, Out at 468.50
Hold>469, SL-460
Seems to have peaked out; But keep a watch
SINTEX Choppy & Uncertain; Avoid

The no-profit-day situation has been saved by JETAIRWAYS as the general market
bounced back from the day's lows; There may be more today from JETAIRWAYS and a
couple of others, but if you have made your profits already, it is best to close shop and
go away now; Protect you profits; Do not take unnecessary risks in the last hour.

The Support at 8250 has worked solid and the Nifty has bounced back from that level,
exactly as we had expected; The index had gone right up to the line at 8300; However,
there was not enough strength in the upsurge and the Nifty could not cross above the
psychological 8300-level; The Nifty is at 8280 now, in the red, going down; The global
situation is bad with all of Asia and all of Europe in the red; The Rupee is also weak at
62.1699; And, at home, inflation figures have come bad; In these circumstances, not
much can be expected from the Nifty in the last hour; Except, maybe, a last minute
effort to give a closing around 8300 like yesterday; Support at 8250 should hold;
Do not take unnecessary risks in last hour; Today we will close red.

 


 

Please also see our Today's Performance or Details page