IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 20-Mar-2015


 

SUGGESTS:

 

ASIANPAINT

 

INDHOTEL

 

NTPC

 

ALSO SEE:

HAVELLS

JINDALSTEL

POLARIS

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, 20-Mar-2015

SMS Pre-Market

Suggests: ASIANPAINT INDHOTEL NTPC;
Also See: HAVELLS JINDALSTEL POLARIS;
Valid for: 20-Mar-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8660, 8700, 8750, 8770, 8800;
NIFTY Support levels are: 8610, 8560, 8530, 8480, 8430;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening and cautious trading is expected in our markets today as
profit taking has emerged all over the world following the US Fed view on interest rates;
US markets have ended with profit taking; Most Asian markets are trading with a flat
bias today morning tracking losses on Wall Street after the US Federal Reserve signalled
that the prospects of an interest hike could be as early as June; For our markets, both
the indices had gained more than 1% in early trades after the US Fed's outcome that
it will wait for more reassuring cues from the economy before any hike in key rates;
But benchmark indices ended lower for the second straight session amid volatility
after sharp profit booking emerged during late noon trades; For the Nifty today,
a negative opening will put at risk the ability to hold the psychologically important
level of 8600; First Support will then be 8560 and 8660 will be First Resistance;
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 62.5700; WTI Crude is at $43.96

 


 

SMS-1

20Mar(10:00) Flat openng; Going choppy;
See NTPC>148.50 POLARIS>169.50;
Watch INDHOTEL>112 HAVELLS>300;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8625; The Nifty has been flat and choppy
just above the 8600-mark, in the red, after opening today; At 8600 now; Showing
no particular bias; We expect the Nifty to remain above 8600 and trade quietly in
the 8600-8630 range till our next Update; Meanwhile, See these if market
upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
NTPC 148.50 144 150 152 400
POLARIS 169.50 164 171 172 350

Also watch INDHOTEL>112 and HAVELLS>300 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

20Mar(11:00) Mkt -ve & flat; No Suggest gave profit;
See NTPC>147 JINDALSTEL>173 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASIANPAINT Very Flat & quiet; Avoid, for now
INDHOTEL Choppy; But watch this after 111
NTPC See > 147 Gave an early opportunity that we missed;
Can flare up again
HAVELLS Very Choppy; Avoid, for now
JINDALSTEL See > 173 Choppy; But showing signs of going up
POLARIS This also gave a chance that we missed;
Going choppy, But watch this after 167.50

Today's market, till now, is not suitable for intraday trading in LONG; And as can be
expected, our Suggests have not started to perform as yet; But there is still time;
Do not lose patience; Our chances will come; 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 has remained range-bound as we had expected, but in a slightly lower zone;
At just below 8600 now, in the red; Trading quietly in the 8575-8610 range; There is
Support at 8560; We expect the Nifty to hold 8600-level till our next Update; Do not
lower your guard; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

20Mar(12:30) Mkt in red; Choppy; No Suggest gave profit;
None look good for LONG now; Await Europe openng;
See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASIANPAINT Very Flat & quiet; But watch after 822
INDHOTEL Quiet now; Watch this after 110.50
NTPC Very slow upward bias; Watch after 146
HAVELLS Very Choppy; Avoid, for now
JINDALSTEL Marginal at 173 Choppy; But showing signs of going up
POLARIS Choppy & Uncertain; Avoid, for now

Our Suggests do not look good today; Just a couple have an outside chance, as
of now; But do not lose your patience; We still feel our chances will come; 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 in the broad 8580-8620 range now; Choppy and uncertain; Support at
8560 is holding; As we said before, we expect the Nifty to hold this level around
8600 till we get some trigger; That can come in the form of the expected positive
opening in Europe; Do not let your guard down; Do not take unnecessary risks;
Stay Away if you are in doubt.

 


 

SMS-4

20Mar(2:30) Mkt in red; Choppy; JINDALSTEL gave profit;
No Suggest looks good for profits in LONG in last hour;
Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASIANPAINT Gone down a little; You can watch after 815;
But be very careful..
INDHOTEL No development; Avoid
NTPC Flat & Uncertain; Avoid
HAVELLS Very Choppy; Avoid
JINDALSTEL Out at 175 Taken a sudden fall; Recovering now;
Can give another chance; But be very careful..
POLARIS Choppy & Uncertain; Can give chance
after 166; But be very careful..

Our Suggests have given below-par performance today; It has been like this since
Wednesday; Hopefully we will turn things around next week and go into the next
financial year on a happy note; General market has not moved at all; There is no
point in stretching our luck today; It is best to Stay Away now, unless the market
moves up significantly; Do not take unnecessary risks; Protect your profits, if any;
Any wrong move can take you to losses; It is best to Stay Away now.

The Nifty is now in the broad 8560-8610 range; Choppy and uncertain; Support at
8560 is holding; As before, we expect the Nifty to continue in a range-bound fashion
till closing today; Some sudden downside can come before closing, like in the last
few days, so be alert; The Nifty will find it very difficult to hold 8600-level at
closing; Do not take unnecessary risks in last hour; Protect your profits;
Best to Stay Away; Today we will close red.

 


 

Please also see our Today's Performance or Details page