IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 28-Jan-2015


 

SUGGESTS:

 

AXISBANK

 

ITC

 

PTC

 

ALSO SEE:

DLF

JETAIRWAYS

TATAMOTORS

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, 28-Jan-2015

SMS Pre-Market

Suggests: AXISBANK ITC PTC;
Also See: DLF JETAIRWAYS TATAMOTORS;
Valid for date: 28-Jan-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8930, 8970, 9040;
NIFTY Support levels are: 8900, 8860, 8820, 8790, 8750;

 

Pre-Market Alert: 9:15am

A flat opening and cautious trading is expected from our market today, following
weak Asian cues and overnight losses on Wall Street; Also, markets are likely to
remain volatile today due to January F&O expiry tomorrow; Yesterday, our markets
created history by crossing the Nifty-8900 for the first time after a smart 100-point
last-hour burst after US President Obama's Siri Fort Auditorium speech; Tracking the
momentum, the Nifty is expected to retest its crucial psychological support level of
8900 and hold it in trade today; However, after the vertical rise in last eight sessions,
analysts expect the index to take a pause around current levels due to overbought
position in index majors; First Support is at 8820-8800 and Strong Support is at
8730-8720; The current level of 8920 is good Resistance and is followed by strong
Resistance at 8970; As always, be very alert; Do not get over-enthusiastic; See
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; Stay Away if you are not sure;
INR-US$ is at 61.4900; WTI Crude is at $46.23

 


 

SMS-1

28Jan(10:00) Flat openng; Choppy & Flat;
See ITC>362 DLF>158;
Watch PTC>111 JETAIRWAYS>518;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8900; The Nifty has been flat and choppy
around the line at 8910 after opening today; No particular bias is seen as of now;
The Nifty is just above 8900 now, in the red; We expect this level to be held now
by the Nifty; See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 362 358 366 370 160
DLF 158 154 159 162 370

Also watch PTC>111 and JETAIRWAYS>518 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

28Jan(11:00) Mkt choppy & flat; No Suggest gave profit;
None looks good for LONG now; All can profit from
present lows if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AXISBANK Choppy & Flat; But can jump up suddenly
if Nifty improves; Watch after 592
ITC Going down; This can also turn up after 360
PTC Choppy & Uncertain; Might turn up after 99.50
DLF Just touched our Trigger at 158;
But this still looks good
JETAIRWAYS Very flat at 512; Watch this after 518
TATAMOTORS A sudden spurt came, which we missed;
Another similar can come after 598

Our Suggests have not started to perform as yet, but they are poised and ready if the
general market starts to improve; But be very careful; Keep constant vigil; Do not set
your terminal to auto-buy at any trigger; Wait to confirm a definite upside before you
buy; Be quick when you get an opportunity; Take small profit and exit;
Buy again if the upside continues; Get out if you are in doubt;
Do not take unnecessary risks;

The Nifty has been fluctuating in the 8890-8910 band since opening today, exactly
as we had expected, but a small positive trend may be setting in now; Nifty is at 8915
now, in the green; Asian markets are mixed; The Rupee is holding at 61.4554; There
are no domestic cues as attention is now shifted towards the Budget; We expect the
Nifty to hold 8900 and trade with a positive bias; Resistance at 8930 is to be broken;
Remember, profit booking can come anytime at such high levels;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

28Jan(12:30) Mkt in green; Going Flat; 3 Suggests gave profit;
Hold AXISBANK>595 DLF>161.50; No other looks good now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AXISBANK In at 592, Out at 595
Hold>595, SL-591
There can be more here today
ITC In at 360, Out at 362 Has gone down and flattened out at 360;
But there can be more here today
PTC Going down; Avoid, for now
DLF In at 158, Out at 161.50
Hold>161.50, SL-158
Some profits have ultimately come;
And there can be more in this today
JETAIRWAYS Can turn around; Watch after 510
TATAMOTORS Flat & Uncertain; Avoid, for now

Our Suggests have started to perform and some profits have come as the general
market has started to improve; The trend is now positive and we expect some more
profits from our Suggests today; But remember, as we have warned many times
before, profit booking downsides can come very quickly in such conditions; Be
very careful; Keep constant vigil; Take small profit and exit, if you are holding;
Buy again if the upside continues; Get out if you are in doubt;
Do not take unnecessary risks.

The Nifty has maintained a slight positive bias after our last Update and has been able
to get past the Resistance at 8930 successfully; Nifty at 8970 now, in the green; Asian
markets are mostly red now; The Rupee is holding at 61.4000; There are no domestic
cues; We expect the Nifty to hold 8900 and trade with a positive bias; Resistance at
8970 is where we are now, and this is the next step to cross; But don't let your
guard down; Keep constant vigil; Be ready for sudden downsides;
Do not take undue risks.

 


 

SMS-4

28Jan(2:30) Mkt in red; Choppy; AXISBANK DLF added profit;
Only DLF>162 looks good for more in LONG now in last hour;
Careful.. See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AXISBANK Out at 599.50 Has gone down after that; Avoid now
ITC Stuck at 360; Avoid now
PTC Flat at 97.50; Avoid
DLF Out at 162
Hold>162, SL-158
There can be more in last hour
JETAIRWAYS Going down; Avoid
TATAMOTORS Choppy & Uncertain; Avoid

Adequate profits have come come from our Suggests today; The situation would have
been much better had we taken RECLTD instead of PTC as one of the Suggests - a
switch that was made in the last moment; The market is on a decline now; It is best
to close shop and take home your profits; Any wrong step can take you to a loss
situation; Do not take unnecessary risks in last hour;
Do not risk your profits already made.

The Resistance at 8970 has not allowed the Nifty to progress any further today; A peak
of over 8980 was reached by the Nifty, at which point profit booking had came in; The
Nifty is at 8880 now, in the red; The level of 8900 has also been breached and the index
is about to go even lower; Asian as well as European markets are trading mixed at this
time; The Rupee is holding at 61.3900; There are no domestic cues; We expect the
Nifty to get back to 8900-level or near-about before the close today; We already have a
new intraday high, and any green closing will be another closing high for the Nifty; May
not be possible; Do not take unnecessary risks in last hour; Today we will close flat.

 


 

Please also see our Today's Performance or Details page