IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 17-Mar-2015


 

SUGGESTS:

 

ASIANPAINT

 

DLF

 

JETAIRWAYS

 

ALSO SEE:

DISHMAN

JINDALSTEL

ZEEL

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, 17-Mar-2015

SMS Pre-Market

Suggests: ASIANPAINT DLF JETAIRWAYS;
Also See: DISHMAN JINDALSTEL ZEEL;
Valid for: 17-Mar-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8660, 8700, 8730, 8770, 8800;
NIFTY Support levels are: 8600, 8560, 8530, 8480, 8430;

 

Pre-Market Alert: 9:15am

A positive opening but cautious trading is expected in our markets today following
robust global cues as investors hope that US Federal Reserve may adopt a cautious
stance this week; Asian shares got a boost today from Wall Street's rise, as investors
positioned for the possibility that weaker-than-expected US data will delay any Fed
action in its report; The US Federal Open Market Committee is scheduled to begin its
two-day policy meeting later today; At home, after a steep decline on Friday, equity
benchmarks witnessed a pause on Monday and closed almost unchanged at the end
despite positive global cues and good macro-economic data; The Nifty had been very
volatile throughout the session and had ended the day with a small loss; Support at
8600 held strong, and will be in effect today; On the upside, we may today see the
expected technical bounce-back with an opening above 8650 and an early attempt
towards the Resistance zone of 8670-8700; Range-bound trading in that 8670-
8700 range is what we will likely see in most part of the day today; As always,
be 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 62.7400; WTI Crude is at $43.88

 


 

SMS-1

17Mar(10:00) Gap-up openng; Going Up;
See DISHMAN>192 ZEEL>358;
Watch ASIANPAINT>840 JINDALSTEL>186;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

50-point gap-up opening for the Nifty today around 8685; The Nifty was flat and
choppy initially, but has now developed a good positive bias; Has been able to cross
the psychologically important level of 8700 just now, and is at 8710, in the green; More
upside likely to come now, till the Resistance at 8730, at least; Meanwhile, DISHMAN
could have already given you some profits following PricePoints; DISHMAN should have
been in at 189 and out at 191.50; If still in, Hold DISHMAN>192 with a StopLoss of
188; Otherwise, See these if market upturn holds now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 192 188 193 195 310
ZEEL 358 354 361 363 160

Also watch ASIANPAINT>840 and JINDALSTEL>186 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

17Mar(11:00) Mkt +ve & flat; No Suggest gave profit;
See DLF>166.50 ZEEL>358 if mkt turns up again;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASIANPAINT Very Flat at 836; Can flare up after 839
DLF See > 166.50 Choppy; But watch this..
JETAIRWAYS Going down; But watch after 473
DISHMAN In at 189, Out at 191.50 Can give chance again after 189
JINDALSTEL Very flat at 184; But can turn up
ZEEL See > 358 Going flat at 356; Watch this..

None of our Suggests have done anything great till now, except the early morning push
by DISHMAN that many of us has missed; Some Suggests are showing promise now,
but the general market has stagnated; But good and sudden chances can always come;
Do not set your terminal to auto-buy at any level; Wait for a sure, confirmed upsurge,
and then take quick action; Get out with small profits; Buy again, if upside continues;
Do not take unnecessary risks; Any wrong move can take you to losses;
Stay Away if you are in doubt.

The Nifty is holding on to the opening gains; At 8720 now, in the green; Has been at
this level for almost one hour now; Fluctuating in the 8710-8730 range; Resistance at
8730 has stopped the Nifty from going up further and has effectively neutralised the
upwards bias; We expect the Nifty to settle down in this zone and trade within the
range till we get some trigger; Upside should resume if global cues remain positive;
Do not lower your guard; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

17Mar(12:30) Mkt in green; Going flat; JETAIRWAYS gave
small profit; See JETAIRWAYS>476 JINDALSTEL>183.50;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASIANPAINT Flat and Choppy; Avoid, for now
DLF Flat and Choppy; But can flare up after 165
JETAIRWAYS In at 473, Out at 476
See > 476
Flat now; But watch this..
DISHMAN This can still give a chance after 186
JINDALSTEL See > 183.50 Can turn up; Watch this..
ZEEL Very choppy & Uncertain; Avoid

After the initial contribution from DISHMAN, JETAIRWAYS has now come in with
some more small profits; DLF and JINDALSTEL may also join the party; But the general
market has not been able to hold on to initial gains; The going will be tough from here;
More downside can come anytime; Do not take unnecessary risks; Protect your profits;
Any wrong move can take you to losses; Stay Away if you are in doubt.

The Nifty has not been able to hold on to initial gains; Took a fall; From a high of
about 8740 to a low of about 8670; Nifty is at 8680 now, still in the green, but the
psychological level of 8700 has been breached; We have got into range-bound trading
in the 8670-8690 range now; We expect the Nifty to continue in this zone till Europe
opens; Do not let your guard down; Do not take unnecessary risks;
Stay Away if you are in doubt.

 


 

SMS-4

17Mar(2:30) Mkt in green; Choppy; DLF JETAIRWAYS
gave profit; No Suggest looks good for LONG in last hour;
Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASIANPAINT Flat and Choppy; Avoid
DLF In at 165, Out at 167 No further chances; Avoid
JETAIRWAYS Out at 478 No further chances; Avoid
DISHMAN Going down slowly; Avoid
JINDALSTEL Took a big fall; Recovering now
May give some chances after 170
ZEEL Very choppy & Uncertain; Avoid

DLF has come into the list of profit-givers for today; At this time, it is best to give
up and take home your profits; The overall market situation is no longer suitable
for Intraday Trading in LONG; Do not take unnecessary risks in the last hour;
Any wrong move can wipe out your profits and can even take you to losses;
It is best to Stay Away now.

The Nifty has fallen some more after our last Update; Has fallen right upto the line at
8635; From a high of almost 8740; This makes it a near-100-point fall; The Nifty is
at 8660 now, in the green, trying to recover; Global cues are mixed at this time;
We do not expect much action from the Nifty in the last hour; Quiet, range-bound
trading is expected; Like we said yesterday, it will be good if the Nifty can stay above
8650 and give us a green closing today; Do not take unnecessary risks in last hour;
Protect your profits at all cost; Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page