IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 02-Feb-2015


 

SUGGESTS:

 

APOLLOTYRE

 

HDIL

 

HINDPETRO

 

ALSO SEE:

JINDALSTEL

RELINFRA

TATAPOWER

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, 02-Feb-2015

SMS Pre-Market

Suggests: APOLLOTYRE HDIL HINDPETRO;
Also See: JINDALSTEL RELINFRA TATAPOWER;
Valid for: 02-Feb-2015; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8850, 8870, 8900, 8920, 8940;
NIFTY Support levels are: 8770, 8730, 8700, 8660, 8620;

 

Pre-Market Alert: 9:15am

A negative-to-flat opening and cautious trading is expected from our market today,
tracking down global cues ahead of the RBI monetary policy due tomorrow; World
markets are down on weak growth data from US and China and instability in Europe;
For markets gave new lifetime highs at the opening last Friday but heavy profit booking
intensified today at key resistance levels of 30000 on the Sensex and 9000 on the Nifty;
The 720-point rally of 10 consecutive sessions on the Nifty came to an end as the index
closed 144 points down after a massive intraday fall of 220 points; But technically, the
Nifty still looks bullish in the long term; There is good Support at 8770; If Nifty is able
to respect the support of 8770 it can still attempt to move higher till 8860 to 8910
range; We expect range-bound trading around 8800-level for the most part today;
A slight positive bias is expected to develop later in the day; As always, be very
alert; Consider all angles before you jump in, specially in a falling market; Wait
for a good opportunity and then be quick to take advantage; Take small
profit and exit; Buy again if upside continues; Do not take
unnecessary risks; Stay Away if you are not sure;
INR-US$ is at 61.9350; WTI Crude is at $48.24

 


 

SMS-1

02Feb(10:00) Flat openng; Going Flat;
See APOLLOTYRE>250 TATAPOWER>91;
Watch HDIL>112 JINDALSTEL>160.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8800; The Nifty has been flat and quiet
in the 8770-8800 range since opening today; At 8790 now, in the red; This
8770 is a strong Support level for the Nifty, and should hold for some time;
See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
APOLLOTYRE 250 246 252 254 240
TATAPOWER 91 89 92 93 650

Also watch HDIL>112 and JINDALSTEL>160.50 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

02Feb(11:00) Mkt -ve & flat; RELINFRA gave profit;
Hold RELINFRA>518 TATAPOWER>91 if in;
See HINDPETRO>643 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
APOLLOTYRE Stuck at 246; Chances above 248
HDIL Stuck at 109.50; Chances above 112
HINDPETRO See > 643 Turning around; There can be chances here
JINDALSTEL This might turn around later
RELINFRA In at 516, Out at 518
Hold>518, SL-510
Entry came through PricePoints
There can be more here
TATAPOWER In at 91
Hold>91, SL-89.50
This is showing signs of going up

Our Suggests are tentative today and not showing signs of any good progress; Two of
them have taken a start, but be careful, as the general market is very quiet and very
flat; Another profit booking downside can come running in; We feel it is risky to
trade intraday in LONG in this kind of market; So, be very vigilant; Stay Away
if you are in doubt; Do not take unnecessary risks;

The Nifty is still in the 8770-8800 range and trading very quiet; There was a feeble
attempt by the Nifty to break out of this range on the upside, but there was no strength
in that upsurge; Support at 8770 is still holding; But we are not sure how much longer
this will hold as global markets are still mostly down; But the Rupee is holding at
61.8400; We will get some upside for 8850-level later in the day; Avoid taking
big risks; Stay Away if you are not sure.

 


 

SMS-3

02Feb(12:30) Mkt in red; -ve bias; 3 Suggests gave small
profit; Hold HDIL>113; See APOLLOTYRE>246 RELINFRA>519
TATAPOWER>92; Others stuck; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
APOLLOTYRE See > 246 Had gone down; Recovering now
HDIL In at 112, Out at 112.80
Hold>113, SL- 110
Be very careful with this; Get out if
no positive move in next half-hour
HINDPETRO Stuck at 640 Can turn around; Watch this..
JINDALSTEL Stuck at 158 Can turn around; Watch this..
RELINFRA Out at 521
See > 519
There can be a second chance here
TATAPOWER Out at 92.40
See > 92
There can be a second chance here

Our Suggests remain tentative, although some small profits have come; The general
market has developed a slight negative bias, so it is proper that we Stay Away from this
market for intraday in LONG; You can start considering what is given above in the box if
the Nifty recovers and starts to move up again; Otherwise, Stay Away; If you have
made adequate profits for today by now, take home your profits; It will be risky
to hold on for too long or enter afresh at this time, specially if the Nifty starts
to fall again; Any wrong step can lead you to losses and wipe out profits
already made; Do not take unnecessary risks.

The Nifty has come down from the 8770-8900 band and is at 8750 now; Fluctuating in
the 8750-8770 band after our last Update; Support at 8770 has been broken; Next
Support is at 8730; Some more downside is expected from here; Global cues are still
down as important Asian markets are still in red and Europe is also expected to open
red; There are no domestic cues, but the Rupee is holding on at 61.8600; But there
is every chance that the Nifty might recover later in the day if we get some trigger;
Do not let your guard down; Keep constant vigil; Do not take unnecessary risks;
Protect your profits.

 


 

SMS-4

02Feb(2:30) Mkt on the line; Very Choppy; No Suggest
gave profit; None look good for LONG in last hour;
See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
APOLLOTYRE All going down; None looks good for
LONG at this time; Best to Stay Away
HDIL
HINDPETRO
JINDALSTEL
RELINFRA
TATAPOWER

None of our Suggests could take advantage of the sudden rise by the Nifty after our last
Update; No fresh profits have come; None look good for LONG at this time, but odd
sudden chances can always come; You can remain vigilant and look for these chances,
but if you have made adequate profits today, it is best to Stay Away now and take
home your profits; Any wrong step can lead you to losses and wipe out profits
already made; Do not stretch your luck; Do not take unnecessary risks;
Stay Away now.

The last hour uprise that we had expected from the Nifty, had come rather early and
took the Nifty from 8760-level right up to 8840 into the green after our last Update;
But again, there was no strength in the uprise and the Nifty has fallen back to the line
now; At 8810 now, on the line; There is possibility that the Nifty will go down further
now; The Support at 8770 comes into focus again, and this time it should hold;
Important Asian markets are closing red, but Europe has gone into the green now;
The Rupee is also holding at 61.8600; There are no domestic cues; We again prey
that 8800 by the Nifty is held at closing, like on Friday; Possible; Do not take
unnecessary risks in last hour and Stay Away; Today we will close flat/red.

 


 

Please also see our Today's Performance or Details page