IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 18-Mar-2015


 

SUGGESTS:

 

ADANIPORTS

 

AXISBANK

 

HINDALCO

 

ALSO SEE:

BHEL

CAIRN

DLF

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 Wednesday, 18-Mar-2015

SMS Pre-Market

Suggests: ADANIPORTS AXISBANK HINDALCO;
Also See: BHEL CAIRN DLF;
Valid for date: 18-Mar-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8740, 8770, 8800, 8830, 8860;
NIFTY Support levels are: 8680, 8630, 8600, 8560, 8530;

 

Pre-Market Alert: 9:15am

A positive opening but cautious trading is expected again in our markets today on
mixed global cues, ahead of the outcome of the US Federal Reserve's stance on interest
rates at its two-day policy meet which ends later today; Yesterday, the Nifty had a good
start but selling pressure re-emerged at the higher levels; However, a sudden surge in
the last half-hour helped the index to regain some strength and close with decent over
+1% gains; The excessive intraday volatility seen yesterday is expected to continue
today in absence of any major cues from the domestic front, as the world awaits the
outcome of US FOMC meet for clues to when the Fed will hike interest rates; Fear is,
a rate increase will suck out global liquidity; For the Nifty today, we have to depend
on global cues for the next directional move; Support at 8600 is still holding strong;
Before that, there will be good Support at 8640-8630; On the upside, the Resistance
zone of 8770-8800 has not been tested recently; But we need to cross 8750 first with
confidence; We expect the Nifty to generally hold 8700-level and trade flat and choppy
for most part of the day today; 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 62.7100; WTI Crude is at $43.46

 


 

SMS-1

18Mar(10:00) Flat openng; Going choppy;
See ADANIPORTS>321.50 BHEL>264.50;
Watch CAIRN>226 DLF>165.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8740; The Nifty had developed a slight
negative bias immediately after opening, and had gone down to 8680, into the red;
At 8700 now, trying to recover; We expect range bound trading around the 8700-
mark, in the 8680-8720 range till our next Update; See these if market
upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIPORTS 321.50 317 325 328 180
BHEL 264.50 261 267 269 220

Also watch CAIRN>226 and DLF>165.50 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

18Mar(11:00) Mkt -ve & flat; No Suggest gave profit;
See AXISBANK>584 CAIRN>226 DLF>165.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS Flat & Very Choppy; Avoid, for now
AXISBANK See > 584 Choppy; But watch this..
HINDALCO Flat & Uncertain; Can flare up suddenly
BHEL Going down; Avoid, for now
CAIRN See > 226 Flat & Choppy; But can turn up
DLF See > 165.50 Also very choppy, But watch this..

Our Suggests have not started to perform today; The two we had chosen in our 10am
Update have done nothing; These two have now been replaced by a new set of three;
These also do not look very promising; The general market is flat and uncertain; We
need some direction here for our Suggests to do well now; Do not set your terminal
to auto-buy at any level; Wait for a sure, confirmed upside in a Suggest; Take quick
action when you get an opportunity; 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 8700-level and trading just around it; At 8690 now, in the
red; The breader range has been 8680-8720 since our last Update, exactly as we had
expected; First Support at 8680 has been strong since opening today; There is more
Support at 8630; We expect the Nifty to trade within the range till we get some trigger;
Small upside is expected to come later today if global cues remain positive; Do not
lower your guard; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

18Mar(12:30) Mkt on the line; Going Flat; No Suggest gave
profit; AXISBANK DLF Marginal; None good for LONG
now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Flat & Very Choppy; Avoid, for now
AXISBANK Marginal at 584 But this can still give chance
HINDALCO Flat & Uncertain; Can flare up after 135
BHEL Going down; Avoid, for now
CAIRN Flat & Choppy; Avoid, for now
DLF Marginal at 165.50 But this can still give chance

Our Suggests are not performing today; Two from the new set of 3 have just touched
the trigger and remained Marginal; While these two still have chances to give some
profits, together with HINDALCO, the chances are not too good; Not unless the Nifty
starts to move up swiftly; We should be prepared to go profit-less today; That is
better than getting into a loss; Do not take unnecessary risks; Any wrong move
can take you to losses; Stay Away if you are in doubt.

The Nifty has come up a little bit and has become flat just on the line at 8720; Good
thing is that the Nifty level of 8700 has been crossed confidently; But it might be
difficult to hold this level if Europe disappoints today; There is Support at 8680;
But, as we said before, a smart upside is still expected before closing today;
Do not let your guard down; Do not take unnecessary risks;
Stay Away if you are in doubt.

 


 

SMS-4

18Mar(2:30) Mkt in red; Choppy & Flat; No Suggest gave
profit; None look good for LONG now; Best to Stay Away
now and go profit-less today; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS No Suggest looks good for LONG
Best to Stay Away now
AXISBANK Marginal at 584
HINDALCO
BHEL
CAIRN
DLF Marginal at 165.50

Our Suggests have not performed today; We are closing shop now and calling it a day;
It is better to go profit-less rather than get into a loss; Do not take unnecessary risks;
Any wrong move can take you to losses; It is best to Stay Away now.

The Nifty has gone down a bit and into the earlier range of 8670-8710 after our last
Update; Nifty at 8690 now, in the red; Going very choppy; Looks like there will be
some more downside and the Nifty will find it very difficult to hold 8700-level at
closing today; Do not take unnecessary risks in last hour; No matter
if we are going profit-less today; Today we will close red.

 


 

Please also see our Today's Performance or Details page