IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 10-Mar-2015


 

SUGGESTS:

 

HAVELLS

 

IDEA

 

RANBAXY

 

ALSO SEE:

HINDUNILVR

JINDALSTEL

NMDC

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 Tuesday, 10-Mar-2015

SMS Pre-Market

Suggests: HAVELLS IDEA RANBAXY;
Also See: HINDUNILVR JINDALSTEL NMDC;
Valid for date: 10-Mar-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8780, 8800, 8830, 8860, 8900;
NIFTY Support levels are: 8730, 8700, 8670, 8630, 8600;

 

Pre-Market Alert: 9:15am

A flat opening and cautious trading is expected to continue in our markets today
following mixed trend seen in other Asian markets; Yesterday, the Nifty opened big
gap down and remained under heavy selling pressure throughout the session to end
the day with a loss of 181 points; The 50-share Nifty index breached the near term
support of 8850 which is the 13 DMA, and has also closed below the important level
of 8800; Overnight, the US market bounced back, helped by merger and acquisitions
activity, while Apple shares ended slightly higher following the long-anticipated rollout
of its watch; These global mixed trends are likely to affect our markets today also, but
experts insist that the long term up-trend is still remains intact; IIP for January and
CPI Inflation on Thursday can be positive triggers; For the Nifty today, 8680-8670
is the level to watch; If Nifty goes below this, we are in for another deep downside;
On the upside, 8830 is now First Resistance for the Nifty followed by 8890-8900;
As always, be very careful and alert; Consider all angles before you get in;
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 62.4500; WTI Crude is at $49.61

 


 

SMS-1

10Mar(10:00) Flat openng; Flat, Choppy;
See HAVELLS>290 JINDALSTEL>200;
Watch RANBAXY>822 HINDUNILVR>972;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8770; The Nifty has been choppy around the line
since opening today; Fluctuating in the very-narrow 8740-8760 range; At 8750 now, in
the red; We expect the Nifty to hold this level for some time and then proceed upwards
to 8800; See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HAVELLS 290 286 292 296 200
JINDALSTEL 200 196 202 206 300

Also watch RANBAXY>822 and HINDUNILVR>972 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

10Mar(11:00) Mkt in green; Slight +ve bias; IDEA gave profit;
Hold IDEA>150.50 if in; See HAVELLS>290 NMDC>128.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HAVELLS See > 290 Going down now, but can turn up
IDEA In at 148, Out at 150.50
Hold>150.50, SL-148
This is also going down now,
but can go up again later today
RANBAXY Flat now; Just touched our Trigger
at 822; But still has chance after 822
HINDUNILVR Going down now; Can give some
chance later today after 968
JINDALSTEL Going down; Low Chances; But watch after 198
NMDC See > 128.50 This can turn up and give profits today

At this point in time, all our Suggests are capable of giving profits in LONG; Although a
lot depends on how the general market goes on from here; Be careful, but do not lose
hope; Consider all possible angles before you get in; Stay Away if you are in doubt; Do
not take unnecessary risks; Any wrong move can put you into losses; So, take care.

The Nifty had gone down to a low of 8725 after our last Update, but has recovered from
there; This 8730-level is First Support and the Nifty has bounced up from there to cross
into the green and touch a high of almost 8780; Nifty is at 8775 now, in the green; This
upsurge, however, does not have strength and we are doubtful how far it will be capable
of pulling up the Nifty; Up till 8800 is the target today; May not be possible right now,
as we expect the Nifty to get back into range-bound trading just above the line;
Be careful; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

10Mar(12:30) Mkt flat and choppy; IDEA added profit;
Hold IDEA>153 if in; NMDC Marginal;
See HAVELLS>290 JINDALSTEL>196.50
if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HAVELLS See > 290 Going flat at 288; Can turn up now
IDEA Out at 153
Hold>153, SL-150
This can give more today
RANBAXY This has disappointed today; Avoid
HINDUNILVR This also has disappointed today; Avoid
JINDALSTEL See > 196.50 Might turn around now; Watch this..
NMDC In at 128.50
Hold >128.50, SL-127
This is Marginal till now;
Get out if no action in the next half-hour

Only IDEA has produced some profits today and the others have only shown promise,
no results; But as we said before, do not lose hope; The general market is still flat and
undecided; Make sure you have considered all possibilities before you decide to get in;
Stay Away if you are in doubt; Any wrong move can wipe out your profits, if any in
IDEA, and put you into losses; Do not take unnecessary risks.

The Nifty has remained quiet in the 8745-8770 range since our last Update; At 8760
now, marginally in the green; The Nifty has been going in and out of the red-green
zones since opening today; World markets are still mixed and Europe is expected to
open mostly in the red due to Greece tensions; The US Dollar is at a 12-year high
while the Rupee is at a 2-month low of 62.6500; Not much action is expected from
the Nifty at this time, unless we get some positive trigger; However, we still feel
the Nifty will develop enough momentum on its own to go towards 8800 at the
end of the day; Do not let your guard down; Do not take unnecessary risks;
Protect your profits; Stay Away if you are in doubt.

 


 

SMS-4

10Mar(2:30) Mkt in red; Going down; -ve bias;
IDEA NMDC gave profit; No Suggest looks good for
LONG now in last hour; Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HAVELLS Took a fall; Can still give a chance above 288
IDEA Out at 162 Stuck at 154 now; This has given enough today
RANBAXY This has disappointed today; Avoid
HINDUNILVR This also has disappointed today; Avoid
JINDALSTEL Flat & Choppy, but can give chance after 196.50
NMDC Out at 129.25 Stuck at 129; There can be more here

HAVELLS and NMDC look good for small profits in LONG in last hour, and IDEA has
given good profits today; If you have been able to catch IDEA, it is best that you close
shop now and take home your profits; The general market has started to fall again;
From here, profits will be difficult to come; Do not push your luck; Any wrong
move now can wipe out your profits and put you into losses; Protect your
profits; Do not take unnecessary risks in the last hour.

Our market has taken a fall after our last Update and has gone below the important
Nifty level of 8700; Yesterday, we had gone down below 8800 in similar fashion;
Nifty is at 8690 now, in the red, and more downside can come; Our contention, that
the Nifty will make a try to go up to 8800 before closing today, looks impossible now;
It will be difficult to hold 8700 in closing; But the strong Support at 8670 should hold
for some time; All major markets in Asia and Europe are trading in the red; The Rupee
is weak at 62.7254; Experts are predicting that Midcaps can crack 20% in the ongoing
correction; There are no domestic triggers expected; In these circumstances, it is best
to give up trying and close shop; Do not take unnecessary risks in last hour;
Stay Away; Protect your profits at all cost; Today we will close red.

 


 

Please also see our Today's Performance or Details page