IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 19-Feb-2015


 

SUGGESTS:

 

HEXAWARE

 

PTC

 

TATAMOTORS

 

ALSO SEE:

ASHOKLEY

CROMPGREAV

ITC

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, 19-Feb-2015

SMS Pre-Market

Suggests: HEXAWARE PTC TATAMOTORS;
Also See: ASHOKLEY CROMPGREAV ITC;
Valid for date: 19-Feb-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8890, 8920, 8950, 8980, 9040;
NIFTY Support levels are: 8820, 8800, 8770, 8730, 8700;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected from our market today amid firm global cues;
Japan is now trading on a 10-year high; Yesterday, the Nifty ended higher for the sixth
straight session on hopes that the government will give a strong thrust to the reform
agenda in the upcoming budget, which along with benign inflation data may provide the
cues to RBI to cut key rates further; There was sustained buying from foreign investors
that helped the market go up towards the end of the day; The positive bias is expected
to continue today and the Nifty will try to recapture the psychologically important 8900
mark; This 8900-8920 is a strong Resistance zone; Nifty First Support is now at 8830-
8820 followed by 8800; For the Nifty now, 8780-8770 is the turning point; 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 62.0770; WTI Crude is at $52.14

 


 

SMS-1

19Feb(10:00) Small Gap-up openng; Going Flat;
See HEXAWARE>270 ASHOKLEY>71.50;
Watch TATAMOTORS>590 CROMPGREAV>177.50;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Another small gap-up opening for the Nifty today around 8885; The Nifty has been
choppy with no particular bias after opening, but had touched 8900 once; At 8895
now, in the green; This 8890-8920 is a Resistance area that should be crossed
today; We expect the Nifty to stay in a range for the first half; 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
HEXAWARE 270 265 272 275 220
ASHOKLEY 71.50 69.50 72 73 830

Also watch TATAMOTORS>590 and CROMPGREAV>177.50 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

19Feb(11:00) Mkt -ve & choppy; No Suggest gave profit;
See HEXAWARE>267 ITC>391 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HEXAWARE See > 267 There can be some chance here; Watch this...
PTC Took a fall; Can turn up later
TATAMOTORS This is also falling; Can turn up
ASHOKLEY Taking a fall; But can turn around
CROMPGREAV Has flattened out; Watch after 177
ITC See > 391 Took a fall; Can turn around; Watch this...

Our Suggests have not started to perform in the first hour, as can be expected on a
day like today; The general market is falling, but we are not losing hope; Wait till the
Nifty settles down before taking a call today; Do not set your terminal to auto-buy
at any trigger; Wait till you are very 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 the upside continues; Be very careful and very vigilant;
Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty has started to fall badly even as this is being written; At 8850 now, in the red,
coming down from 8895; There is strong downward momentum and more downsides
are possible; There is Support at 8830-8820 followed by 8800; And 8780-8770 is the
turning point; Reasons for this sudden fall is not clear as of now; But we hope the
Nifty will settle down at the Support of 8820 and recover; Wait for the Nifty to
settle and then take a call; Do not let your guard down; Avoid
taking big risks; Stay Away if you are not sure.

 


 

SMS-3

19Feb(12:30) Mkt in red; Going Flat; No Suggest gave profit;
Hold CROMPGREAV>177 if in; No other looks good for LONG
now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HEXAWARE Stuck at 262; Can flare up; Watch this...
PTC Flat around 85.50; Avoid, for now
TATAMOTORS Stuck at 578; Can turn up
ASHOKLEY Choppy around 70; Avoid, for now
CROMPGREAV In at 177
Hold>177, SL-174
Be very careful with this; Go Marginal
if no upmove in next 1-hour
ITC Going down; Can turn around; Watch this...

CROMPGREAV and ITC are showing promise; Go marginal with CROMPGREAV if there
is no upside movement; The general market seems to have settled down; Wait till the
market turns up; We are not losing hope; Act quickly if you get a good chance; Take
minimum profit and get out; But 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.

The Nifty has found Support at 8810 and has bounced back from there after our last
Update; At 8835 now, in the red; This was almost a 100-point profit taking fall; At this
time, the Nifty has gone into range-bound trading in the 8820-8840 zone; We expect
the index to get back above 8850 and hold that level today; However, Europe is
expected to open lower, so be careful; Do not let your guard down;
Keep constant vigil; Do not take unnecessary risks;
Stay Away if you are in doubt.

 


 

SMS-4

19Feb(2:30) Mkt in red; Choppy; CROMPGREAV gave profit;
Hold CROMPGREAV>178.50 if still in; Only HEXAWARE>264
looks good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HEXAWARE See > 264 Choppy around 262; Can flare up; Watch this...
PTC Very choppy & Risky; Avoid
TATAMOTORS Can turn up in last hour; But risky;
Best to avoid this in last hour
ASHOKLEY This can also turn up, but is risky;
Best to avoid this in last hour
CROMPGREAV Out at 178.50
Hold>178.50, SL-175.50
Profits have come; More possible, but risky
ITC Going down; Avoid

CROMPGREAV has given some profits, and more is possible in the last hour, but the
way the general market is going, this last hour will be very risky for intraday trading in
LONG; It will be best to stay away from this market if you have made anything from
CROMPGREAV; Even if you haven't, 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;
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 Support at 8810-8800 is being tested again; The unexplained fall of the Nifty
has started again after our last Update, after being flat and choppy around 8840 for
some time; Then came another sudden fall just before 2pm; The Nifty is at 8820 now,
in the red, coming up from below 8800; Europe is mostly in red; Domestic cues are
not supportive; Even then, as we have said before today, we expect the Nifty to get
back above 8850 and hold that level today; Although 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 red/flat.

 


 

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