IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 03-Feb-2015














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, 03-Feb-2015

SMS Pre-Market

Valid for date: 03-Feb-2015; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8820, 8860, 8890, 8920, 8990;
NIFTY Support levels are: 8770, 8750, 8720, 8700, 8660;


Pre-Market Alert: 9:15am

A positive-to-flat opening and held-back trading is expected from our market today,
following muted trend in other Asian markets; Yesterday, the Nifty, after moving both
ways in volatile trade, slipped below the crucial 8,800-mark and ended slightly in the
red for the 2nd successive session as the pull-back attempt on the index, following
media reports that the government may defer GAAR by two years, did not last long;
Markets are expected to be volatile today also on caution ahead of RBI policy review
later in the day; The RBI is widely expected to keep its main lending rate unchanged;
Globally, US stocks ended sharply higher overnight after a late rally driven by hopes
for a Greek debt deal and as energy shares bounced with oil prices; For the Nifty, if
the Support of 8770 holds, it can still attempt to move higher till 8860 and then to
8910; Otherwise, we might go down to 8700; As always, be very alert; Consider
all angles before you decide to buy, 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 61.6900; WTI Crude is at $49.57




02Feb(10:00) Gap-up openng; Going down;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A slight gap-up opening for the Nifty today around 8830; The Nifty has been flat and
choppy around 8820 after opening today; Has started to fall now, and is at 8800, right
on the line; This 8800 is one Support area, with more Support at 8770; We expect
range bound trading by the Nifty for some time just above the line, around 8810;
See these if market upturn comes now with increasing volumes:

Name See
to buy
EXIDEIND 203 198 205 207 290
DABUR 267 264 269 282 220

Also watch HINDALCO>145 and AXISBANK>618 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




02Feb(11:00) Mkt flat; -ve bias; No Suggest gave profit;
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
EXIDEIND See > 203 Stuck at 200; There can be chance here
HINDALCO See > 145 Going up choppily; Watch this..
WIPRO Has made base at 620; Watch after 623
AXISBANK See > 610 There can be chances here later today
DABUR Choppy & flat at 265; Watch after 267
RECLTD Going down choppily; Watch after 349

No direction has been found by any of our Suggests till now today; We have not found
any candidate which can give any profit in LONG till now; General market is also with
negative bias; In this situation, it is best to wait till the Nifty settles down and we get
some direction; It will be risky to trade under these conditions; So, wait for some
more time before starting today; Be very careful and very vigilant; Stay Away
if you are in doubt; Do not take unnecessary risks;

The Nifty is still in the 8790-8910 range and trading very choppy; The Nifty is at 8800
now, on the line; Support at 8800 is still holding; It seems that the market is jittery
ahead of the RBI decision on repo rates, that should come in just after 11am; Asian
markets are still mostly in the red and the Rupee is holding 61.7150; We should get
some upside if the rates remain unchanged; However, this has already been factored
in to a large extent, so the upside will not be very big, we feel; Do not let your
guard down; Avoid taking big risks; Stay Away if you are not sure.


News Flash: (11:15am)
RBI keeps repo rate & CRR unchanged; Cuts SLR by 50 bps to 21.5% from 22%




02Feb(12:30) Mkt in red; Flat & Choppy; AXISBANK
gave small profit; None look good for LONG now;
All can profit if mkt turns up; Await Europe; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
EXIDEIND Took a fall; Recovering; Watch after 201
HINDALCO Choppy & Uncertain; But can still
turn up; Watch after 145; Careful..
WIPRO Still uncertain; Watch after 623
AXISBANK In at 610, Out at 612.50 There are no further chances from here
DABUR Choppy at 264; Watch after 266
RECLTD Took a fall; Recovering; Watch after 346

Our Suggests are still searching for opportunities, although some small profits have
come; The general is down with slight negative bias; It is still risky to trade intraday in
LONG in this market; But all can turn up and give profits if the Nifty starts to improve;
Do not set your terminal to auto-buy at any trigger; Wait for confirmed up signal before
you buy; Be very careful and very vigilant; Stay Away if you are in doubt; Do not take
unnecessary risks; Any wrong step can lead you to losses; It is better to go
profit-less rather than getting into a loss.

The Nifty had taken a 100-point fall instead of going up, right after the RBI
announcement; There was a small choppy session just before that; The Nifty went
down to 8730 from the day's high of 8835; Nifty at 8750 now, in the red; Trying to
recover; Asian markets are now mixed and the Rupee is holding at 61.8100; Europe is
also expected to open good; We expect the Nifty to hold the Support at 8750-8720 and
recover from here; Do not let your guard down; Keep constant vigil; Do not take
unnecessary risks; It is best to Stay Away if you are uncertain.



Please also see our Today's Performance or Details page