Alerts / Updates
for Tuesday, 20-Jan-2015
Alerts / Updates for Tuesday, 20-Jan-2015SMS 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:
Also watch SINTEX>110 and BHARTIARTL>351 if upsurge
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
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
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
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.
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