IntradayTrade dot Net dot IN
Alerts / Updates

for Saturday, 28-Feb-2015


 

SUGGESTS:

 

NTPC

 

PFC

 

TVSMOTOR

 

ALSO SEE:

DLF

ICICIBANK

ROLTA

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 Saturday, 28-Feb-2015

SMS Pre-Market

Suggests: NTPC PFC TVSMOTOR;
Also See: DLF ICICIBANK ROLTA;
Valid for date: 28-Feb-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8870, 8910, 8950, 8980, 9040;
NIFTY Support levels are: 8820, 8800, 8770, 8730, 8700;

 

Pre-Market Alert: 9:15am

A positive opening is expected for our markets today also, on optimism ahead of the
Budget; Big bang reforms are expected from the Union Budget which will be tabled by
the Finance Minister later today; The Nifty is expected to get past the next crucial level
of 8900 at the opening ahead of the Union Budget 2015-16; With most of the Asian
markets closed, volatility cannot be ruled out in the markets; According to analysts,
volatility will remain extremely high as changes announced during the budget will either
have a positive or a negative impact on investor sentiment which will define the trend for
the markets; Yesterday, the Nifty recouped most of the losses of the past few sessions
and ended the day with a gain of 160 points at 8844; The previous Strong Support at
8730 will still be in play today and the turning point is now at 8670; On the upside, if
the Nifty can sustain above 8900, it could lead to next directional move towards 9200
in the coming sessions otherwise profit taking will resume; As always, be very alert;
Consider all angles before you decide to buy; Wait for a good opportunity and then
be quick to take advantage; Take small profits and exit; Buy again if upside
continues; Do not take unnecessary risks; Stay Away if not sure;
INR-US$ is at 61.6440; WTI Crude is at $49.76

 


 

SMS-1

28Feb(10:00) Gap-up openng; Going Flat;
See DLF>161 ROLTA>193.50;
Watch NTPC>161 ICICIBANK>343;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Big 70-point gap-up opening for the Nifty today around 8910; The Nifty had remained
flat and quiet around the 8910 mark after opening today; The psychologically important
level of 8900 has been crossed at the opening itself; It is expected that the market will
remain quiet and flat around the 8900-mark, or just above it, till the Union Budget
presentation starts in Parliament; You have to be very Alert and careful today;
See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DLF 161 157 162 164 370
ROLTA 193.50 190 195 197 310

Also watch NTPC>161 and ICICIBANK>343 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

28Feb(11:00) Mkt +ve & flat; ROLTA gave profit; All look
good for LONG if mkt turns up; Be very Alert & careful;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
NTPC Choppy; Might turn up; Watch after 161
PFC Can go up now; Watch this after 294
TVSMOTOR Flat & Uncertain; Avoid, for now
DLF Might turn up now; Watch after 161
ICICIBANK Flat and Choppy; Watch after 343
ROLTA In at 193.50, Out at 196.50 Has levelled out; Can turn up again after 196

Good profits have come from ROLTA even before the real action has started;
We strongly urge you to wait and watch what happens now before taking any position;
Any wrong move can put you into losses; Remember, one single loss will take many
good profit-days to make up; Stay Away if you are in doubt;
Do not take unnecessary risks.

The Nifty has remained around 8900-mark after our last update, exactly as we had
expected; At 8910 now, in the green; A slight positive trend seems to be developing;
However this can change drastically, many times over, as the day progresses and the
Budget speech continues; But expectations are high and it looks like the govt will
deliver; Wait till the market settles before you take a decision to buy; Unless you
get a very good, sudden chance; Do not let your guard down;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

28Feb(12:30) Mkt in green; Very Choppy; DLF gave profit;
See PFC>294 DLF>163 ROLTA>192 if upsurge comes;
Be very Alert and Careful; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
NTPC Has gone down; Avoid, for now
PFC See > 294 Can go up now; Watch this..
TVSMOTOR Going down; Avoid, for now
DLF In at 161, Out at 163
See > 163
Very fast, quick chances had come;
There can be more here
ICICIBANK Choppy and Uncertain; Avoid, for now
ROLTA See > 192 Still very flat; Watch this..

There were two opportunities today before the real action has actually begun;
You should now wait for the market to settle down before taking the next call;
No matter what levels we have shown above; A lot of choppiness is expected even
in individual scrips; Do not be in a hurry; Remember, one single loss will take many
good profit-days to make up; Any wrong step can wipe out profits already made;
Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty has become very choppy, as was expected on a day like today; We have
already seen a small rise from 8900 to 8930, a big 100-point fall into the red right down
to 8830, and then another quick 100-point rise back to 8940; The Nifty is at 8920 now,
and more such big ups and down are expected as the Budget speech progresses and
they get analysed by the market; It is best to wait and watch to see where the market
settles down before taking any further calls today; Unless you get a very good,
sudden chance; Do not let your guard down; Keep constant vigil; Do not
take unnecessary risks; Stay Away if you are in doubt.

 


 

SMS-4

28Feb(2:30) Mkt in red; Recovering; No Suggest gave profit;
All Suggest looks good for LONG if upsurge comes in last
hour; See Site for levels; Careful -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
NTPC Looks like a bottom has been made;
Watch after 156
PFC Very Choppy; Watch this after 295
TVSMOTOR Trying to recover; Watch after 276
DLF Slow recovery; Level to watch is 158
ICICIBANK Choppy and Uncertain; Watch after 342
ROLTA Trying to recover; Watch after 191

Again, no matter what is said in the box above, we do not think this is the right day
and time to play intraday in LONG; It is best to Stay Away from this market today;
Do not push your luck; If you have made any profits today, or even if nothing has
come your way till now, it will be best to Stay Away now; Do not take any
unnecessary risks in the last hour; Any wrong step can wipe out all
your profits; Best to Stay Away now.

The Nifty has fallen again after our last Update, from a high 8940 to a low of about
8755; This is a massive big drop of nearly 185-points; However, the Nifty seems to
have made a bottom at this level and has bounced back from 8755; Nifty is at 8820
now, still in the red, but recovering quickly; A definite positive bias has come in after
the low of 8755, after the initial unhappiness with the Budget is slowly being analysed
to show long-term benefits; We expect the Nifty to get into the green before closing
and even take a chance at 8900; As we have said before, do not take unnecessary
risks in last hour; Consider Staying Away if you are already in profit;
Unless you get a very good, sudden chance; But protect your
profits at all cost; Today we will close green.

 


 

Please also see our Today's Performance or Details page