IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 20-Jan-2015


 

SUGGESTS:

 

BHEL

 

KTKBANK

 

SINTEX

 

ALSO SEE:

AMBUJACEM

BHARTIARTL

IDFC

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, 20-Jan-2015

SMS Pre-Market

Suggests: BHEL KTKBANK SINTEX;
Also See: AMBUJACEM BHARTIARTL IDFC;
Valid for date: 20-Jan-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8580, 8620, 8650, 8690, 8740;
NIFTY Support levels are: 8530, 8480, 8450, 8400, 8370;

 

Pre-Market Alert: 9:15am

A slight positive opening is expected from our market again today, tracking the gains
in their Asian peers and overall firm global cues; US markets were closed yesterday
on account of Martin Luther's day; Overnight, European shares had fared better on Monday amid intense speculation the European Central Bank will this week extend asset purchase; Asian markets are trading higher as Chinese stocks have rebounded from yesterday's huge slump ahead of the release of data on Chinese GDP growth for the fourth quarter; For the Nifty, we expect the overall slow positive trend to continue and yesterday's target of 8580 for the Nifty should be attained today; Once the Resistance at 8580-8590 is crossed, we should proceed towards 8620-8650; The life-time high for the Nifty stands at 8626.95 attained on 4-Dec-2014; This may be tested very soon; For today, 8530 is good Support for the Nifty followed by 8480-8450; As always, Be very alert; Do not get over-enthusiastic; Consider all angles before you jump in; 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 61.7400; WTI Crude is at $48.69

 


 

SMS-1

20Jan(10:00) Gap-up openng; Slow +ve bias;
See KTKBANK>155 IDFC>171.50;
Watch SINTEX>110 BHARTIARTL>351;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A slight gap-up opening for the Nifty today around 8580; The Nifty has developed
a slight positive bias after opening and has gone up to a high of 8595; The important level of 8600 is now within reach; But this 8580-8590 is strong Resistance, and needs to be crossed confidently first; Nifty at 8590 now, trading in the green; See these if market upturn strengthens now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
KTKBANK 155 152 156 157 380
IDFC 171.50 169.50 173 174 340

Also watch SINTEX>110 and BHARTIARTL>351 if upsurge
strengthens now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

20Jan(11:00) Mkt has +ve bias; Nifty above 8600; 2 Suggest
gave profit; Hold SINTEX>110 BHARTIARTL>351
IDFC>173 if in; Careful... See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL Going down; Avoid, for now
KTKBANK In at 155, Out at 156.50 Has started to fall after that;
Another chance might come later in the day
SINTEX In at 110
Hold>110, SL-107
This is not behaving normally;
No upward movement; Go Marginal here
AMBUJACEM Flat & quiet; Can turn up later
BHARTIARTL In at 351
Hold>351, SL-348
There was a sudden spurt;
But this can give good profits today
IDFC In at 171.50, Out at 173
Hold>173, SL-170
There can be more here today

Our Suggests are a mixed bag today; While some have started to perform well, there are others that show good promise, while there are some that can take you to a loss situation; Be very careful in your selection today; The general market has flattened out; Wait for a definite positive trend to be established before you jump in; Then take small profit and exit; Buy again if the upside continues; Keep constant vigil; Do not take unnecessary risks.

The Nifty has done very well and has come up above 8600 after a good start; However, the index has been stopped at this physiological level of 8600 and is trading flat and quiet at just above 8600 now; The upward bias has weakened; Asian markets are still mostly green, but the Rupee has come down a bit and is at 61.8405 now; There are no domestic cues; We expect the Nifty to consolidate at this 8600-region and some profit booking might also come; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

20Jan(12:30) Mkt in green; +ve bias; BHARTIARTL added
profit; Hold BHARTIARTL>354 if in; SINTEX Marginal;
No other looks good for LONG now; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Going down; Avoid
KTKBANK No further development after last Update;
Can still give another chance
SINTEX Marginal at 110 Erratic behaviour; Avoid
AMBUJACEM Flat, quiet and sketchy; Avoid
BHARTIARTL Out at 353.50
Hold>354, SL-350
This can give more profits today
IDFC Hold>173, SL-170 No development after last Update; Upward
movement looks restructed; Careful if holding

The Nifty is on its way to set another all-time high record, but our Suggests are doing nothing great; Small profits have come from here and there, but there is no definite winner as yet; BHARTIARTL seems to be the only candidate now; So, be careful and very sure before you take a decision; Keep constant vigil;
Do not take unnecessary risks.

The Nifty is at 8615 now and within hand-shaking distance of setting another life- time high record; 8650 is now the target for the Nifty unless we get any negative trigger and profit booking sets in; Asian markets are still mostly green; Europe is expected to open good; And the Rupee is holding at 61.8405; There are no domestic cues; We expect the Nifty to consolidate above the 8600-mark; But be prepared for profit booking downsides that are always expected at such highs; Much depends on how Europe fares; Be very alert; Do not take undue risks.

 


 

SMS-4

20Jan(2:30) Mkt in record highs; +ve bias; BHARTIARTL
added profit; Hold BHARTIARTL>355 if in; None other
good for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Might turn up, but very choppy; Avoid
KTKBANK Going down; Avoid
SINTEX Erratic behaviour; Avoid
AMBUJACEM Flat, quiet and sketchy; Avoid
BHARTIARTL Out at 354.75
Hold>355, SL-351
This can give more profits in last hour
IDFC Flat & Uncertain; Avoid

The Nifty is doing very well, but our Suggests have not done anything great; Only BHARTIARTL is the saving grace today; This is the only one capable of adding to profits in the last hour; However, odd and sudden chances can come anytime;
Keep constant vigil; Do not take unnecessary risks in last hour.

The Nifty is doing very well and is at 8660 now, in the green; All previous highs have been surpassed; With the positive trend in place, even 8700 now looks possible; Unless we get any negative trigger and profit booking sets in; Asian markets are still mostly green; Europe is also all in green; And the Rupee is holding at 61.8405; There are no domestic cues; We expect the Nifty to consolidate above 8650 and add to the good job already done; But be prepared for profit booking downsides that are always expected at such highs; Keep constant vigil; Do not take unnecessary risks in last hour;
Today we will close green.

 


 

Please also see our Today's Performance or Details page