IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 18-Feb-2015


 

SUGGESTS:

 

ITC

 

RCOM

 

ROLTA

 

ALSO SEE:

JKTYRE

NMDC

RECLTD

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, 18-Feb-2015

SMS Pre-Market

Suggests: ITC RCOM ROLTA;
Also See: JKTYRE NMDC RECLTD;
Valid for date: 18-Feb-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8840, 8870, 8920, 8950, 8980;
NIFTY Support levels are: 8780, 8750, 8730, 8700, 8660;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected from our market today amid firm global cues;
In a volatile session, our markets gave up early gains and ended marginally in the
green on Monday; That choppiness due to profit-taking is likely to continue today;
Global markets are holding as optimism grew that a debt deal would be reached with
Greece; At home, with the corporate earning season coming to an end, investors
will now watch out for the Union Budget 2015-16 for further clues; The Resistance
at 8870-8880 is still the first target and 8780-8770 is the first level of Support
followed by 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 62.2400; WTI Crude is at $53.53

 


 

SMS-1

18Feb(10:00) Gap-up openng; Going Flat;
See ITC>400 ROLTA>135;
Watch RCOM>74.50 RECLTD>327;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Very small gap-up opening for the Nifty today around 8820; The Nifty has been
choppy with a slight positive bias after opening; At 8840 now, in the green; This
8840 is a Resistance area that needs to be crossed quickly for further upside;
We expect the Nifty to proceed towards the next Resistance at 8870 in the
next hour; More upside to come later today; See these if market
upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 400 396 404 410 150
ROLTA 135 132 136 137 440

Also watch RCOM>74.50 and RECLTD>327 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

18Feb(11:00) Mkt in green; +ve bias; No Suggest gave profit;
See ITC>397 RCOM>74.50 ROLTA>134 NMDC>142.50
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ITC See > 397 We missed an initial chance;
Can turn up again; Watch this...
RCOM See > 74.50 Stuck at 74; This also can turn up
ROLTA See > 134 Flat after initial upside; Watch this...
JKTYRE We missed a chance from 129 to 131;
Has started to fall; Avoid, for now
NMDC See > 142.50 Flat and steady at 142.50; Watch this...
RECLTD Going down; Chances after 326

Our Suggests have not started to perform as yet, although we have missed 2 chances
to get some early profits; Some of our Suggests have started to show promise, but
be very careful in today's uncertain market; Do not set your terminal to auto-buy at
the triggers given above; Wait till you are sure there is an upward movement; Then
wait some more to confirm; Act quickly after that; Take minimum profit and
get out; Buy again if upside continues; Be very careful and very vigilant;
Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty could not go up to 8870 in the last 1-hour, as we had expected; Instead,
it got stopped at 8860 and has come down from there; At 8850 now, in the green;
However, we still expect the Nifty to get past the Resistance at 8870 as the
previous one at 8840 has been crossed; Do not let your guard down;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

18Feb(12:30) Mkt in green; Going flat; No Suggest gave profit;
None look good for LONG now; All can profit from
present lows if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ITC Going flat with negative bias;
But can turn up at any moment
RCOM Still stuck at 74; This can turn up later
ROLTA Flat and choppy at 132.50;
Avoid, for now
JKTYRE Choppy with negative bias; Avoid, for now
NMDC Choppy with negative bias; Avoid, for now
RECLTD Going down; Avoid, for now

None of our Suggests have been able to produce any results today; And all our
Suggests are in a position of hope at this time; All can suddenly rise and give profits
from present lows; And this is what makes intraday trading in LONG dangerous today;
Get in only if you are absolutely sure and confident; 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; 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; Follow PricePoints.

The Nifty has not been able to go up to 8870 since opening today; 8860 has acted
strong again, and has stopped the Nifty from going up further after our last Update;
Nifty is at 8845 now, in the green; A slight negative bias may be setting in; 8840 will
now act as a Support; However, in actual terms, the Nifty is doing quite well in holding
the initial gains of the day and remaining around 8850 against profit-taking pressures;
We expect the Nifty to be in the 8840-8860 range and move upwards slowly as global
cues are supportive; Japan has closed on a 8-year high; 8870 is the target 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

18Feb(2:30) Mkt in green; Choppy; Slight +ve bias;
ROLTA gave profit; Hold ROLTA>138 if in; No other
looks good for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ITC Flat at 394; But keep watching...
RCOM Still stuck at 74; Avoid
ROLTA In at 134, Out at 138
Hold>138, SL-134
As per earlier level;
There can be more here today
JKTYRE Choppy with negative bias; Avoid
NMDC This can turn around now; Watch after 141
RECLTD Going down; Avoid

Most of our Suggests have remained the same uncertain, but ROLTA has come from
behind and given some profits; Although we had said 'Avoid, for now' there were entry
points as per previous levels given today and PricePoints; NMDC and ITC also looks
good for LONG in the last hour; The general market is also improving; However, as
we have said many, many times before, if you have already made some profits today
it is best to Stay Away now; Be very careful and very vigilant; Any wrong step can
wipe off all profits made so far; Do not take unnecessary risks in last hour;
Protect your profits; Stay Away if in doubt.

The Nifty has done an excellent job so far and has kept our word; 8870 has been
crossed confidently and an attempt is now being made at 8900; The Nifty is at 8885
now, deep in the green; World markets are still very supportive and the Rupee is
holding at 62.2705; The info that is coming out of new Delhi regarding the budget
are also being liked by the market; However, we are at very high levels and profit-
taking pressures can come at any time at such high levels; So, do not lower your
guard; Do not take unnecessary risks in last hour; Consider Staying Away now
if you are already in profit; Protect your profits; Today we will close green.

 


 

Please also see our Today's Performance or Details page