IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 04-Feb-2015


 

SUGGESTS:

 

ARVIND

 

SINTEX

 

SSLT

 

ALSO SEE:

CAIRN

GODREJIND

ROLTA

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, 04-Feb-2015

SMS Pre-Market

Suggests: ARVIND SINTEX SSLT;
Also See: CAIRN GODREJIND ROLTA;
Valid for date: 04-Feb-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8800, 8840, 8870, 8890, 8920;
NIFTY Support levels are: 8730, 8700, 8660, 8620, 8600;

 

Pre-Market Alert: 9:15am

A positive-to-flat opening and held-back trading is expected from our market again
today, following positive trend in other Asian markets; Yesterday, the Nifty had ended
lower for the third straight session, amid choppy trades to mark their lowest close in
nearly two weeks, with financials and interest-rate sensitive stocks leading the decline
after the Reserve Bank of India at its policy review had kept the key rates unchanged;
Overnight, US stocks ended higher for second day in a row, led by energy shares as oil
prices extended their recent rally; Asian markets are also doing well today morning; For
our markets, experts believe that the current correction will last a little longer, maybe till
the 20-day average which is now at about 8630-8640; However, we still feel that if the
Nifty can hold the Support of 8770 today, we can move higher above 8800 till 8860
this week; 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 61.6300; WTI Crude is at $53.05

 


 

SMS-1

04Feb(10:00) Gap-up openng; Going Flat;
See CAIRN>254 ROLTA>120;
Watch ARVIND>305 SINTEX>117.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A slight gap-up opening for the Nifty today around 8790; The Nifty has developed a
slight negative bias after opening and is going down choppily; At 8760 now, just above
the line in the green; There is Support at 8740-8730 that should hold for some time;
We expect range bound trading by the Nifty between 8740-8760; Meanwhile, CAIRN
could have given you some profits in LONG following PricePoints; CAIRN should have
been in at 250 and out at 254; If still in, Hold CAIRN>254 with StopLoss of 250;
If you have missed this, no problem; See these if market
upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CAIRN 254 250 256 260 230
ROLTA 120 116 121 122 500

Also watch ARVIND>305 and SINTEX>117.50 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

04Feb(11:00) Mkt -ve bias; CAIRN added profit; Hold
CAIRN>256 if in; See SINTEX>117 SSLT>217
ROLTA>118.50 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND Took a fall; Recovering; Watch after 301
SINTEX See > 117 Flat at 116; Can turn up; Watch this..
SSLT See > 217 Is turning up now; Watch this..
CAIRN In at 250, Out at 255.50
Hold>256, SL-252
There can be more here today
GODREJIND Took a fall; Recovering; Watch after 316
ROLTA See > 118.50 This might turn up; Watch this..

Today also, like yesterday, our Suggests are yet to find a footing in the market till now;
With the exception of CAIRN of course, which is running against the tide and can give
more profits today; General market position is not predictable, but we expect things
to get better later in the day; Be very careful and very vigilant; Stay Away
if you are in doubt; Do not take unnecessary risks;

The Nifty has found Support at 8720 and has bounced back from there; At 8740 now,
in the red, but trying to recover; We expect the Nifty to develop a positive trend and
go into the green in the next 1-hour; 8800 should be possible today, as we said in our
morning Update; All Asian markets, in fact the whole world, is in the green; The Rupee
is doing good at 61.6399; And there are no negative domestic cues; We should get
some upside if these conditions do not change suddenly; Do not let your guard
down; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

04Feb(12:30) Mkt in red; Going Flat; 3 Suggests gave
profit; Hold SSLT>218 CAIRN>258; See ARVIND>301;
GODREJIND stuck; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND See > 301 This can go up now; Watch this..
SINTEX In at 117, Out at 117.80 Small chance had come; Nothing more here
SSLT In at 217, Out at 218
Hold>218, SL-215
There can be more here, but be careful..
CAIRN Out at 257.50
Hold>258, SL-254
This can also give more, but be careful..
GODREJIND Stuck at 314; Watch after 316
ROLTA Going down; Avoid

Some small profits have come and CAIRN and SSLT looks good now; But the overall
market is not going anywhere; So be careful in holding; Be very vigilant; Stay Away
if you are in doubt; Do not take unnecessary risks; Any wrong step can lead
you to losses; Protect your profits.

The Nifty is continuing in the expected 8730-8770 range after our last Update; No clear
bias has developed; The Nifty has not gone into the green towards 8800, as we had
expected; At 8750 now, in the red; All Asian markets are in green, the Rupee is steady
at 61.7450 and Europe is expected to open good; But in the domestic front, Delhi
elections are now a determining factor; We still feel we should get some upside
before closing today, specially if Europe comes good; Support at 8720-8740
should hold for the day; Do not let your guard down; Keep constant vigil;
Do not take unnecessary risks; Protect your profits.

 


 

SMS-4

04Feb(2:30) Mkt on the line; Flat & Choppy; SSLT added
profit; None looks good for LONG now; It is best to
Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Very Choppy; Avoid
SINTEX No further development; Avoid
SSLT Out at 219.50
Hold>220, SL-216
There can be more here, but be careful..
CAIRN This can still give more in last hour
GODREJIND Going down; Avoid
ROLTA Uncertain & Choppy; Avoid

Some more small profits have come; Overall market is still very choppy and uncertain;
If you have made some profits today, it is best to stop now and take home your profits;
Do not take unnecessary risks in last hour; Any wrong step can lead you to losses;
Protect your profits; Stay Away now.

The expected last-hour upsurge has not come as yet; But the Nifty has managed to
come up to the green; At 8770 now, just above the line in the green; Fluctuating in the
8740-8780 range since the last Update; Asian markets are closing all in green, Europe
is trading mostly in green; The Rupee is holding at 61.7775; There are no domestic
cues; Support at 8720-8740 should hold for the day; Our expectation of some
upside before closing and the Nifty trying for 8800 still holds good;
Do not take unnecessary risks in last hour and Stay Away;
Today we will close green/flat.

 


 

Please also see our Today's Performance or Details page