IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 05-Mar-2015


 

SUGGESTS:

 

ICICIBANK

 

RANBAXY

 

TVSMOTOR

 

ALSO SEE:

ITC

JINDALSTEL

PIPAVAVDOC

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, 05-Mar-2015

SMS Pre-Market

Suggests: ICICIBANK RANBAXY TVSMOTOR;
Also See: ITC JINDALSTEL PIPAVAVDOC;
Valid for: 05-Mar-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8970, 9010, 9040, 9060, 9090;
NIFTY Support levels are: 8890, 8860, 8820, 8800, 8750;

 

Pre-Market Alert: 9:15am

Flat opening and cautious trading is expected in our markets today after yesterday's
massive sell-off in which the Nifty lost 200-points in intraday; This, despite after
hitting an all-time high after following an unexpected surprise repo rate cut by the
Reserve Bank of India; Analysts are, however, not concerned and say its normal
correction or usual profit taking at higher levels; The long term trend still remains
intact, they say, and investors should not get too much worried about these
corrections and the Nifty may be able to reclaim its crucial psychological level of
8950 levels in trade today; On our part, we had been expecting some profit booking
as the Nifty had run up sharply in a short period of time as it rallied about +5% from
8683.85 on 26-Feb to an all-time high of 9119.20 in trade on 04-Mar; We might get
some return upside today, that can give good opportunities to the intraday trader;
But you have to be extra careful and identify the right opportunities; For the Nifty
today, 8890 is the first Support, followed by 8860; On the upside, 9060 will be
a difficult Resistance to cross; This will be the likely trading range today;
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 62.2500; WTI Crude is at $51.53

 


 

SMS-1

05Mar(10:00) Flat openng; Choppy & Flat;
See RANBAXY>795 JINDALSTEL>192;
Watch TVSMOTOR>292 ITC>347;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8930; The Nifty has remained flat and quiet
around the line since opening today; The bounce-back rally, after yesterday's sell-off,
that we were expecting, has not materialised as yet; But there is still time; Be very
Alert today; See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
RANBAXY 795 785 800 806 75
JINDALSTEL 192 188 193 195 310

Also watch TVSMOTOR>292 and ITC>347 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

05Mar(11:00) Mkt flat around line; RANBAXY gave profit;
See RANBAXY>798 TVSMOTOR>292 ITC>347 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ICICIBANK Flat & Choppy; Avoid, for now
RANBAXY In at 795, Out at 798.50
See > 798
Flat at 792 now; Can give another chance
TVSMOTOR See > 292 A very slight positive bias seen
ITC See > 347 Flat at 346 now; Can give a chance later
JINDALSTEL Going flat now; Watch after 191
PIPAVAVDOC This is a waste; Not started to trade today

Our Suggests are in a disadvantage today as the market is flat and quiet and not doing
anything; Such markets are not suitable for intraday trading in LONG; However, some
little profits have already come from RANBAXY and two others show promise now;
Be very careful, be vigilant; Any wrong move can put you into losses;
Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty has been very flat in the 8900-8940 range since opening today; The Nifty is
at 8930 now, in the green, fluctuating in and out of the red-green zones; The bounce-
back rally we had anticipated has not come as yet; Still possible; Good thing is, the
Nifty is holding 8900-level; We expect this range-bound trading to continue, unless
we get some trigger; Do not let your guard down; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

05Mar(12:30) Mkt in red; Slight -ve bias; No Suggest gave
profit; See RANBAXY>796 ITC>347 JINDALSTEL>190
only if mkt turns up; Careful today.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ICICIBANK Flat & Choppy; Avoid, for now
RANBAXY See > 796 Still flat at 792; Can give chances later
TVSMOTOR Flat & Choppy; Avoid, for now
ITC See > 347 Has started to move up; Watch this..
JINDALSTEL See > 190 This has also started to move up..
PIPAVAVDOC This is a waste; Avoid today

Our Suggests have not given any further profits after our last Update, as can be
expected from a market like today's; The general market is on the way down; But some
chances can always come in individual stocks; Take small profit and exit if you get a
good chance; But be very vigilant and careful; Any wrong move can put you into
losses; Stay Away if you are in doubt; Do not take unnecessary risks.

The Nifty has developed a slight negative bias; At 8905 now, in the red, but holding
the 8900-level; The bounce-back rally we had anticipated has not come as yet; Still
possible; We expect the Nifty to get back into range-bound trading, in a little lower
range, just around the 8900-mark; Unless we get some bad trigger; Do not let
your guard down; Keep constant vigil; Do not take unnecessary risks;
Stay Away if you are in doubt.

 


 

SMS-4

05Mar(2:30) Mkt in red; Choppy; ITC RANBAXY gave profit;
Only RANBAXY>803 looks good for more in LONG in last
hour; Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ICICIBANK Some upside might come now; Watch after 347
RANBAXY Out at 803, See > 803 This can give more chances in last hour
TVSMOTOR Flat & Choppy; Avoid
ITC In at 347, Out at 349 Going down now; Avoid
JINDALSTEL Flat & Choppy; Avoid
PIPAVAVDOC This is a waste; Avoid today

ITC has joined RANBAXY to give some profits today, after our last Update, even as the
general market continues to remain flat and choppy; No further profits looks feasible in
last hour, except maybe from RANBAXY; However, it is best to give up trying now and
Stay Away; Do not push your luck; Protect your profits; Any wrong move can
put you into losses; Do not take unnecessary risks in the last hour.

The Nifty has done well today, in the sense that a definite profit-taking downside
had come into the market after our last Update, which was negated by the Nifty and
a recovery of sorts has taken place; From just above 8900-level the Nifty had fallen till
below 8850; It then has bounced back from the Support at 8860 and has come up to
the line now; At 8915, in the red, just below the line; Fluctuating in the 8890-8920
range; We expect the Nifty to get back up into the green, and above 8920, before
closing today; In any case, a closing above 8900 is what we expect today;
Do not take unnecessary risks in last hour; Stay Away; Protect your
profits at all cost; Today we will close flat/red.

 


 

Please also see our Today's Performance or Details page