IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 16-Feb-2015


 

SUGGESTS:

 

CROMPGREAV

 

HEXAWARE

 

ITC

 

ALSO SEE:

AMBUJACEM

JINDALSTEL

SYNDIBANK

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, 16-Feb-2015

SMS Pre-Market

Suggests: CROMPGREAV HEXAWARE ITC;
Also See: AMBUJACEM JINDALSTEL SYNDIBANK;
Valid for: 16-Feb-2015; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8840, 8870, 8920, 8950, 8980;
NIFTY Support levels are: 8770, 8750, 8730, 8700, 8660;

 

Pre-Market Alert: 9:15am

A positive-to-flat opening is expected from our market today amid firm global cues;
Encouraging earnings from private banking major HDFC Bank, and the fact that foreign
investors have turned net buyers on Friday, first time this month, will also help boost
sentiment; Asian markets are trading marginally higher tracking a rally on Wall Street
on Friday even as investors remained cautious over the European Union's debt deal
with Greece this week; At home, WPI inflation data for January, which is expected to
be released during market hours, is expected to provide cues on price rise; The
Street expects WPI for January to rise marginally to 0.18% as compared to 0.11%
in December; With retail inflation under control, experts say enough space has been
created for further rate cuts by RBI; All these suggest that the positive trend of last
Friday will continue with strength today, at least till the Resistance at 8870-8880; This
is the target for today; Support will be found at 8770 and then at 8740; 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 62.1400; WTI Crude is at $52.78

 


 

SMS-1

16Feb(10:00) Gap-up openng; Choppy;
See ITC>383.50 AMBUJACEM>268.50;
Watch CROMPGREAV>174 SYNDIBANK>119;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

25-point gap-up opening for the Nifty today around 8830; The Nifty has continued the
positive bias of the last 2 sessions and has climbed up slowly after opening till 8870;
At 8845 now, in the green; The Nifty has paused in the Resistance area of 8870-8880;
We expect the Nifty to get into range-bound trading in the 8840-8880 region
for some time; More upside to come later today; See these if market
upturn comes again with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 383.50 380 386 390 150
AMBUJACEM 268.50 266 271 274 220

Also watch CROMPGREAV>174 and SYNDIBANK>119 if upsurge
comes again; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

16Feb(11:00) Mkt +ve & choppy; No Suggest gave profit;
ITC Marginal; Hold ITC>385 if in; See CROMPGREAV>171.50
JINDALSTEL>153 if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CROMPGREAV See > 171.50 Took a big fall; Can turn around; Watch this...
HEXAWARE This also can turn around; Watch after 258
ITC In at 383.50, Out at 384.50;
Hold>385, SL-380
Marginal till now,
But can give profits later today
AMBUJACEM Took fall; Can turn around; Watch after 267
JINDALSTEL See > 153 We missed a chance from 151 to 152.50
But there can be more chances here
SYNDIBANK Going down; Avoid, for now

All our Suggests, except SYNDIBANK, look promising at this time although many of
them have taken a good fall; Even SYNDIBANK can turn around if the inflation figures
come good and the general market turns up; Be very careful and very vigilant;
Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty is trading quietly in the 8840-8870 region since the last Update, exactly as
we had expected; At 8850 now, in the green; We expect such range bound trading to
continue till the inflation figures come in, or we get some other trigger; Do not let
your guard down; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

16Feb(12:30) Mkt in green; Choppy; ITC gave profit;
Hold ITC>386; See CROMPGREAV>171.50 JINDALSTEL>153
SYNDIBANK>118.50; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV See > 171.50 Seems to be turning around now; Watch this...
HEXAWARE Flat at 254; Can flare up suddenly
ITC Out at 385.50;
Hold>386, SL-382
Small profits have come; More possible today
AMBUJACEM Seems to be turning around now; Watch this..
JINDALSTEL See > 153 Old levels hold; Can be chances here today
SYNDIBANK See > 118.50 Seems to be turning around now; Watch this..

At this time, all our Suggests look promising for profits in LONG provided the general
market starts to go up; But the going has not been smooth today; So, if you have
already made some profits today with ITC, or even otherwise, it will be best to stay
away from this market; It is better to go profit-less any day, rather than going into
a loss; Remember, one loss-day takes many profit-days to make up; So keep up
the watch; 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.

The Nifty has come down slightly and is in the 8820-8850 band, since our last Update;
The fall can be due to inflation figures that were not in tune with market expectations;
Nifty is at 8830 now, in the green; The Nifty will do good to hold on to the 8800-mark
now, as some profit booking can be expected at such high levels; But we should go
back towards 8850 if Europe opens good; Do not let your guard down; Keep
constant vigil; Do not take unnecessary risks; Stay Away if you are in doubt.

 


 

SMS-4

16Feb(2:30) Mkt in green; Choppy; 3 Suggests gave profit;
Hold CROMPGREAV>173 ITC>388 SYNDIBANK>118.50;
All good for more in LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CROMPGREAV In at 171.50, Out at 172.50
Hold>173, SL-170
There can be more here in last hour
HEXAWARE Can flare up suddenly; Watch after 256
ITC Out at 387;
Hold>388, SL-385
Profits have been added; More possible today
AMBUJACEM This is turning around now; Watch after 267
JINDALSTEL In at 153, Out at 154.50 No more chance seen here now; Avoid
SYNDIBANK In at 118.50
Hold>118.50, SL-117
You have to be very careful with this..

Some more profits have been added by our Suggests; And some more might come in
the last hour; However, we say this again: if you have already made some profits today
it is best to Stay Away now; Specially since the general market is going nowhere; Any
wrong move now can wipe out profits already made; Remember, one loss-day takes
many profit-days to make up; Do not take unnecessary risks in last hour;
Protect your profits; Stay Away.

The Nifty has come back up to the 8850-level after our last Update, exactly as we had
predicted; It has come up from a low of 8815; The Nifty is now at 8850, trading choppy
in the 8830-8860 range; WPI Inflation figures were not liked by the market, Europe is
trading mostly in the red, and there are no other cues; In these conditions, we do not
expect the Nifty to do anything much; It will do good to hold 8850-level at closing
today; Unless we get any negative trigger; Do not take unnecessary risks in last
hour; Best to Stay Away now; Protect your profits; Today we will close green.

 


 

Please also see our Today's Performance or Details page