IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 13-Mar-2015


 

SUGGESTS:

 

IDEA

 

SINTEX

 

VOLTAS

 

ALSO SEE:

ALBK

CENTURYTEX

DISHMAN

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 Friday, 13-Mar-2015

SMS Pre-Market

Suggests: IDEA SINTEX VOLTAS;
Also See: ALBK CENTURYTEX DISHMAN;
Valid for date: 13-Mar-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8830, 8860, 8900, 8940, 8970;
NIFTY Support levels are: 8760, 8710, 8670, 8630, 8600;

 

Pre-Market Alert: 9:15am

A positive opening but held-back trading is expected in our markets today following
firm global cues, led by financials after yesterday's macro data and with insurance
subsidiaries after the Rajya Sabha passed the Insurance Bill yesterday which permits
increase in FDI limit to 49% in insurance; Yesterday, the Nifty had opened good but
experienced a very choppy and a very flat session to end the day with the morning
gains intact; US stocks ended sharply higher last night in a nice bounce-back and
have turn positive for the year; But the rising strength in the Dollar might start to
hurt certain sectors; Key Asian markets are trading good today morning; For our
market, we expect the Nifty to reclaim 8800-level today early in the day, and then
trade quietly; The immediate Support for the Nifty has shifted higher to 8740-8730
level while Strong Support has been created at 8670; On the upside, first Resistance
will be at 8830; As always, be very careful and alert; Wait for a good opportunity;
Consider all angles before you get in; Take small profits and exit; Buy again if
upside continues; Do not take unnecessary risks; Stay Away if not sure;
INR-US$ is at 62.4730; WTI Crude is at $47.05

 


 

SMS-1

13Mar(10:00) Gap-up openng; Going down;
See VOLTAS>300 CENTURYTEX>603;
Watch IDEA>178 SINTEX>134;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

60-point gap-up opening for the Nifty today above 8840; The Nifty has gone down
to below 8800-level after opening to touch a low of 8790; At 8800 now, in the green;
Downward momentum is strong, so some more downside is expected; Be careful;
See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
VOLTAS 300 295 302 304 200
CENTURYTEX 603 593 606 609 95

Also watch IDEA>178 and SINTEX>134 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

13Mar(11:00) Mkt -ve & choppy; No Suggest gave profit;
VOLTAS Marginal at 300; See IDEA>177 CENTURYTEX>598
DISHMAN>180 only if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IDEA See > 177 Seems to be going up; Watch this..
SINTEX Uncertain and choppy; But watch after 133
VOLTAS In at 300
Marginal till now
Let go, if price does not turn up now
ALBK Going down; Avoid, for now
CENTURYTEX See > 598 Can turn up; There can be chances here
DISHMAN See > 180 This also can turn up; Watch this..

None of our Suggests look promising today; The general market is on a downward
slide; Things do not look very bright at this time; Do not set your terminal to auto-buy
at any of the levels we have given above; If an upsurge comes in any Suggest, first wait
for the prices to cross the trigger level confidently; Wait some more to confirm the
upward bias; Then, consider buying; Use your best judgement and get out with
small profits; Do not take unnecessary risks; Any wrong move can take you
to losses; Stay Away if you are in doubt.

The Nifty has taken more than a 120-point fall after opening today; A bottom of 8725
has been touched a few minutes ago; The Nifty had opened at 8845 today; At 8740
now, in the red; Important levels at 8800 and 8750 have both been breached; The
Nifty now seems to have been halted at the 8725-8745 band; We should see some
consolidation at this Support level of 8740; Be very careful today;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

13Mar(12:30) Mkt in red; Going down; SINTEX gave profit;
VOLTAS Marginal; See IDEA>176.50 ALBK>107 if
mkt goes up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IDEA See > 176.50 This can go up; Watch this..
SINTEX In at 133, Out at 136.50 Some profits have come; Going down now
VOLTAS Marginal at 300 This can give another chance after 297
ALBK See > 107 Going up slowly; Be very careful
CENTURYTEX Going down; Avoid, for now
DISHMAN Choppy & Uncertain; Avoid, for now

No matter what we have written in the box above, getting profits will be tough today;
The general market is on a steady fall since opening; Profits in SINTEX were rather
lucky; And with VOLTAS some members could have gone into slight losses; So,
although some of our Suggests are showing promise at this time, be very careful;
Do not set your terminal to auto-buy; Do not take unnecessary risks; Any
wrong move can take you to losses; Stay Away if you are in doubt.

Support for the Nifty at 8740 has been broken; The next Support at 8710 is also
breached now, it seems; The Nifty had gone down below the psychologically important
level of 8700 and touched a low of 8670 some time ago; Just below 8700 now, in the
red; The level of 8670 is a very strong Support and, we feel, this should hold the Nifty
from going down further; We expect the Nifty to recover now and get back above 8700;
More direction will depend on global cues; Some upside can come if Europe opens in
the green; Do not let your guard down; Do not take unnecessary risks;
Stay Away if you are in doubt.

 


 

SMS-4

13Mar(2:30) Mkt in red; -ve bias; ALBK IDEA gave profit;
Only IDEA>184 looks good for more profits in LONG in
last hour; Better to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IDEA In at 176.50, Out at 183.50
See > 184
This can give more in last hour
SINTEX Going down; Avoid
VOLTAS Going down; Avoid
ALBK In at 107, Out at 108 This can give another chance above 108
CENTURYTEX Going down; Avoid
DISHMAN Choppy & Uncertain; Avoid

Some more profits have come from ALBK and IDEA; Although both are capable of
giving more profits in LONG in the last hour, we will urge you to stop here and take
home your profits; The general market is in a bad shape; The nifty has fallen 200-
points; It will be foolish to push your luck under these circumstances; Do not
take unnecessary risks in the last hour; Any wrong move can take you
to losses; It is best to Stay Away now.

Strong Support at 8670 has also been taken out for the Nifty; We are at 8650-level
now, deep in the red; The next Support level is 8630-8600; There is every chance that
we might go down to that level before closing today; There is no point in speculating
any further today; It will be good if the Nifty can recover a bit and get back to 8700-
level, but let us be prepared for the worst; Do not take unnecessary risks in last
hour; Protect your profits at all cost; Today we will close red.

 


 

Please also see our Today's Performance or Details page