IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 05-Feb-2015


 

SUGGESTS:

 

COALINDIA

 

HINDALCO

 

VOLTAS

 

ALSO SEE:

AXISBANK

FRL

HAVELLS

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 Thursday, 05-Feb-2015

SMS Pre-Market

Suggests: COALINDIA HINDALCO VOLTAS;
Also See: AXISBANK FRL HAVELLS;
Valid for date: 05-Feb-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8750, 8780, 8800, 8840, 8870;
NIFTY Support levels are: 8690, 8660, 8620, 8590, 8530;

 

Pre-Market Alert: 9:15am

A positive-to-flat opening and cautious trading is expected from our market today
following mixed trend in other Asian markets; Yesterday, the Nifty had fallen badly in the
last-half hour of trade to sustained profit booking in index heavyweights, to end in the
4th consecutive red day; Overnight, US stocks ended lower, snapping a two-day rally
as energy shares slid with oil prices and as investors' anxiety about the euro zone
returned in the closing minutes of trading; The Greek debt crisis has returned and the
rally in crude oil prices has ended; Asia is trading mostly in the red right now; For our
markets, experts believe that the current correction will last a little longer, maybe till
about 8630-8640 or maybe even lower till 8600; As we had correctly said yesterday,
Nifty will go down to 8700 as 8770 was breached; However, we feel that the Support
at 8690 will hold for sometime; On the higher side, 8780 is the first target for today;
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 61.8400; WTI Crude is at $48.45

 


 

SMS-1

05Feb(10:00) Flat openng; Going up;
See AXISBANK>575 FRL>146;
Watch HINDALCO>154 VOLTAS>276;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8730; The Nifty had fallen sharply to about
8705 immediately after opening, but has now developed a good positive bias; Nifty
at 8750 now, in the green; There is Resistance at 8770-8780; We expect the Nifty to
reach that level in the next 1-hour; Meanwhile, AXISBANK and FRL could have already
given you some profits in LONG following PricePoints; AXISBANK should have been
in at 570 and out at 573; If still in, Hold AXISBANK>575 with StopLoss of 565;
FRL should have been in at 141 and out at 145.50; If still in, Hold FRL>146
with StopLoss of 143; If you have missed these, no problem;
See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AXISBANK 575 565 580 590 100
FRL 146 142 147 148 410

Also watch HINDALCO>154 and VOLTAS>276 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

05Feb(11:00) Mkt choppy in green; No Suggest gave profit;
Hold FRL>145.50 if in; See COALINDIA>371 HAVELLS>254
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
COALINDIA See > 371 Going up now; Watch this..
HINDALCO Going down; Can turn up later today
VOLTAS Going down; Can turn up later today
AXISBANK In at 570, Out at 573 This can go up again today; Watch this..
FRL In at 141, Out at 145.50
Hold>145.50, SL-143
Flat now at 143; This can give more today
HAVELLS See > 254 Going up now; Watch this..

Some early profits have come today and some more are looking promising at this time;
But the overall situation is still bad and our Suggests are still struggling to produce
results; General market has lost direction and has become choppy; 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 Support at 8720-8700 has held strong today also; Nifty is at 8750 now, in the
green; However, the slight positive bias we saw in the last Update, is now gone, and the
Nifty has become flat and choppy; The first target of 8780 could not be hit; The index
has retreated just after 8765; Asian markets are mostly in the red; The Rupee is a little
weak at 61.9274; There are no domestic cues; We should be able to go up to the first
target of 8780 in the course of the day, we feel, unless present conditions change
suddenly; Do not let your guard down; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

05Feb(12:30) Mkt in green; Going Flat; COALINDIA
HAVELLS gave profit; See AXISBANK>573;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
COALINDIA In at 371, Out at 373.50 No further chance right now,
but this can go up again later..
HINDALCO Going down; Avoid
VOLTAS Turning around; Watch after 269
AXISBANK See > 573 This can go up again today; Watch this..
FRL This is also turning around; Watch this..
HAVELLS In at 254, Out at 255.80
Hold>256, SL-253
There is chance here; Watch this..

Some more profits have come; There is chance for more today, but we will say this
again: if you have made some profits already today, it is better that you take home
those profits and Stay Away now; General market is still flat and direction-less; 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 has been in the 8740-8770 range since our last Update; At 8760 now, in the
green; The Nifty is finding it difficult to reach its first target of 8780; Asian markets
are still mostly in the red; The Rupee is still weak at 61.8755; We still feel we should
get some upside before closing today, specially if Europe opens good; Do not let
your guard down; Keep constant vigil; Do not take unnecessary risks;
Protect your profits.

 


 

SMS-4

05Feb(2:30) Mkt in green; +ve bias; COALINDIA AXISBANK
gave profit; Hold COALINDIA>374 AXISBANK>578;
No other looks good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
COALINDIA Out at 374
Hold>374, SL-371
There can be more here in last hour
HINDALCO Uncertain; Avoid
VOLTAS Stuck at 268; Watch after 269
AXISBANK Out at 578
Hold>578, SL-573
This seems to be going down now; Careful..
FRL Uncertain; Avoid
HAVELLS Going down; Avoid

COALINDIA AXISBANK have added to their profits after our last Update; At this time,
only COALINDIA looks good for more in last hour; If you are still in it, keep holding;
Otherwise, get out from the rest and close shop and take your profits home; Even for
COALINDIA, get out at the first signs of trouble; General market is doing good, but
our Suggests have levelled out; Do not take unnecessary risks in last hour; Any
wrong step can lead you to losses; Protect your profits; Stay Away now.

The Nifty has given the expected upsurge after our last Update and has gone up to
almost 8840 from the 8760-level; First Resistance at 8780 and the psychological level
of 8800 was also crossed in one swift move; However, Resistance was found at 8840
and the Nifty has come down from there; The Nifty is at 8800 now, in the green; Asian
markets are closing mostly red; Europe is all in the red; The Rupee is still down at
61.8050; Some small downside might now come for the Nifty as there is no external
or domestic support; We expect a closing between 8780-8800 today; Do not take
unnecessary risks in last hour and Stay Away; Today we will close green.

 


 

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