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Alerts / Updates

for Monday, 23-Feb-2015


 

SUGGESTS:

 

BHEL

 

IBREALEST

 

ITC

 

ALSO SEE:

ESCORTS

IDBI

JINDALSTEL

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, 23-Feb-2015

SMS Pre-Market

Suggests: BHEL IBREALEST ITC;
Also See: ESCORTS IDBI JINDALSTEL;
Valid for date: 23-Feb-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8870, 8900, 8920, 8950, 8980;
NIFTY Support levels are: 8800, 8770, 8730, 8700, 8660;

 

Pre-Market Alert: 9:15am

The Nifty is expected to open slightly higher today tracking positive trend seen in other
Asian markets; On Friday, US stocks ended higher as the Dow and S&P 500 ended at
record highs, while the Nasdaq notched an 8th straight day of gains after Greek and
euro zone FMs reached a deal to extend heavily indebted Greece's financial rescue by
4 months; At home, our benchmark indices remained in a consolidation mode for the
4th successive session last Friday, and lost more than half a percent amid excessive
intraday volatility; The Nifty has been trading roughly in a narrow range of 8800-8900
for the last 4 trading sessions, and either side decisive break would trigger the next
directional move, say experts; The Nifty has been unable to sustain at higher levels
and may continue to remain under selling pressure as long as the level of 8890 is
not surpassed; Trading this week will be on a cautious note ahead of key events
including Railway and Union Budget along with the expiry of February series due later
during the week; Globally, investors will closely watch the developments in Greece for
further directional cues; First Support is still at 8830-8800 and 8780-8770 is still the
Nifty turning point; 8900-8920 is strong Resistance zone, but the Nifty will try to
capture this psychologically important 8900 mark that we have narrowly missed
throughout last week; As always, be very alert; Consider all angles before you
decide to buy, specially when market falls; 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 not sure;
INR-US$ is at 62.1650; WTI Crude is at $50.34

 


 

SMS-1

23Feb(10:00) Small Gap-up openng; Choppy;
See ITC>399 IDBI>77;
Watch BHEL>277 JINDALSTEL>192;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A slight gap-up opening for the Nifty today around 8860; The Nifty had taken a fall
immediately after opening today, and had hit a bottom of 8840; Then recovered to
8870; At 8860 now, in the green, going choppy and uncertain; We expect the Nifty
to stay within the 8840-8870 range for some time, till we get some trigger;
Meanwhile, See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 399 394 404 408 150
IDBI 77 75 78 79 770

Also watch BHEL>277 and JINDALSTEL>192 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

23Feb(11:00) Mkt +ve, choppy & flat; No Suggest gave
profit; No Suggest looks good for LONG now; All can
profit if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL Flat & Choppy; Can flare up; Watch after 276
IBREALEST Going down; Avoid, for now
ITC Stuck at 398; Watch after 399
ESCORTS Stuck at 132; Watch after 133.50
IDBI Jumping up & down; Risky; Avoid, for now
JINDALSTEL Stuck at 189; Watch after 192

Although none of our Suggests have started to perform as of now, 4 of them are
showing promise; But the general market condition is choppy and undecided; Some
help from there and our Suggests will perform; Some trigger is required; Be very
vigilant; Consider all aspects before you decide to Buy; Act quickly when you get
a good opportunity; Take minimum profit and get out; Buy again if the upside
continues; Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty has remained in the 8840-8870 range since opening today; At 8850 now, in
the green; Range-bound trading in the 8840-8870 zone is likely to continue till our next
Update; We expect the Nifty to hold this 8850 level and slowly climb up later in the day;
There is Support at 8830; Do not let your guard down; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

23Feb(12:30) Mkt green; Choppy; ESCORTS gave profit; Hold
ESCORTS>135 if in; See IBREALEST>84; BHEL JINDALSTEL
Marginal; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Marginal at 276 This can give good results if market goes up
IBREALEST See > 84 This is going up slowly; Watch this..
ITC Going down; Avoid, for now
ESCORTS In at 133.50, Out at 135
Hold>135, SL-132
Has got stuck; Careful, if holding..
IDBI Still very risky; Avoid, for now
JINDALSTEL Marginal at 192 This also can give profits if market goes up

Not much progress has been made by our Suggests till now; ESCORTS has given
some profits and 3 others look good; We are not giving up being hopeful; But do
not lower your guard; Keep constant vigil; Consider all aspects before you decide
to Buy; Act quickly when you get a good opportunity; Take minimum profit and
get out; Buy again if upside continues; Any wrong step can lead you to losses;
Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty has remained in the narrow 8835-8855 range since our last Update; At 8845
now, in the green; We expect the Nifty to hold 8850 level; Support at 8830 should also
hold; Range-bound trading in the 8840-8870 zone is likely to continue till our next
Update, and a slight positive bias might develop from here; Specially because Europe
is expected to open good; Do not let your guard down; Keep constant vigil;
Do not take unnecessary risks; Stay Away if you are in doubt.

 


 

SMS-4

23Feb(2:30) Mkt in red; Took a fall; IBREALEST JINDALSTEL
gave profit; IBREALEST ESCORTS JINDALSTEL can give
more if mkt turns up in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL No progress after last Update; Avoid
IBREALEST In at 84, Out at 84.80 This can give more in last hour
if the general market turns up
ITC Going down; Avoid
ESCORTS No progress after last Update;
But this can also give more in last hour
IDBI Going down; Avoid
JINDALSTEL In at 192, Out at 194 This can also give more in last hour
today if the Nifty recovers and goes up

Some more profits have come from our Suggests after our last Update, and 3 of them
looks good to addon if the general market recovers and the Nifty turns up; However,
the going will be very risky from here onwards and it will be best to give up and take
home whatever profits you have made so far; It is bast to Stay Away from this market
now; Do not take any unnecessary risks in the last hour; Any wrong step can lead
you to losses; Remember, one loss-day takes many profit-days to make up;
Do not take unnecessary risks.

The Nifty has taken a sudden big fall after our last Update and has come down from
8850-level to touch a low of 8760; Almost a 100-point fall on 3 counts: S&P comments
on India's sovereign credit rating, FM's comments that it will be "expensive to fulfil
taxpayers wishes" and PM's avoidance of the land ordinance meeting today; Europe
is trading mostly in green; No problems there; But the downside momentum is
strong and serious profit booking has come in; Next Support is at 8730; Do not
take unnecessary risks in last hour; Stay Away now if you are already in profit;
Protect your profits; Today we will close red.

 


 

Please also see our Today's Performance or Details page