IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 23-Mar-2015














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 Monday, 23-Mar-2015

SMS Pre-Market

Valid for date: 23-Mar-2015; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8600, 8630, 8660, 8700, 8750;
NIFTY Support levels are: 8530, 8480, 8430, 8400, 8370;


Pre-Market Alert: 9:15am

A flat-to-positive opening and cautious trading is expected in our markets today as
profit taking has been continuing in our market in the last few sessions; Last Friday,
our market remained flat and quiet with a slight negative bias throughout the day and
the Nifty important level of 8600 was breached on closing; Volatile stock markets may
drift lower in the upcoming sessions as traders unwind positions due to F&O Expiry
and as traders and investors resort to year-end profit-booking; However, global cues
are positive today; US stocks ended higher on Friday pushing the Nasdaq to a 15-year
high and helping the S&P 500 snap a three-week string of losses; Asia is also trading
positive at this time; For the Nifty today, we might get a small technical bounce back
but we are likely to face Resistance around 8630-8660 levels; On the downside, the
Nifty had already touched 8550-level last Friday and the next trend-line Support is
at 8530-8520; Below this, the next strong Support is 100-points below at 8430;
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 62.4000; WTI Crude is at $45.72




23Mar(10:00) Gap-up openng; Choppy;
Watch IRB>244 TVSMOTOR>267;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Small gap-up opening for the Nifty today around 8595; The Nifty was able to cross into
8600 immediately after opening, but has since fallen to touch a low of 8560, that is in
the red; At 8580 now, in the green, trying to recover; We expect the Nifty to remain
above the line and trade choppily in the 8560-8600 range till our next Update;
Meanwhile, See these if market upturn comes now with increasing volumes:

Name See
to buy
AMBUJACEM 256 252 258 259 230
HAVELLS 306 300 308 310 190

Also watch IRB>244 and TVSMOTOR>267 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




23Mar(11:00) Mkt flat on the line; 3 Suggests gave profit;
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
AMBUJACEM Flat & quiet; But there can be chance after 256
IRB In at 244, Out at 245.50
See > 245
Falling now; Can give another chance
WIPRO Going down steadily; Avoid, for now
HAVELLS In at 306, Out at 309
See > 309
This is also falling; But can give another chance
JETAIRWAYS In at 464, Out at 469
See > 469
Entry came following PricePoints;
Has levelled out; Can give another chance
TVSMOTOR Took a fall; But recovering; Watch after 267

Our Suggests have already given some returns today, although the general market
is not at all good; If some profits have already come your way, it will be wise not to
venture very far out again today; Sudden downsides can come anytime; That is the
reason we have not asked you to hold on to any Suggest; But there is chance of
more profits in some of our Suggests if the market turns up; Do not take
unnecessary risks; Any wrong move can take you to losses;
Stay Away if you are in doubt.

The Nifty has remained very choppy and range-bound in the narrow 8565-8590 range
since our last Update; This is as we had expected, but in a slightly lower zone; And
below the important Nifty mark of 8600; Earlier Support at 8560 is in force; We do not
expect anything great to happen to the Nifty unless we get some trigger; Slow range-
bound trading should continue; We will go up to 8600 towards the closing today;
Do not lower your guard; Avoid taking big risks; Stay Away if you are not sure.




23Mar(12:30) Mkt in green; Flat & Choppy; No Suggest gave
profit; See WIPRO>653 HAVELLS>309 TVSMOTOR>267;
Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
AMBUJACEM Stuck at 256; But there is still chance
IRB Took a fall; Recovering; Watch after 243
WIPRO See > 653 Stuck at 651; This might see some upside now
HAVELLS See > 309 Another chance can come in this
JETAIRWAYS No further development; Avoid, for now
TVSMOTOR See > 267 This might go up now; Watch this..

We continue to have faith in our Suggests to deliver more profits on a bad day; This
in itself is contrary to normal procedure; One should avoid intraday trading in LONG
on days like this; But we are posing faith on our Suggests to deliver; So, be very very
careful; If you have already made some profits today it will be wise to protect that
profit and not take any further risks; Any wrong move can wipe out profits already
made and can even take you to losses; Stay Away if you are in doubt.

The Nifty has remained very choppy and range-bound, with the top limit going up by
only 5-points, after our last Update; In the 8565-8595 band now; Nifty at 8585 now,
in the green; Global markets are still very supportive with Europe expected to open
higher; There are no domestic cues; Again, we do not expect anything much to
happen to the Nifty unless we get some trigger; Slow range-bound trading should
continue; And we will go beyond 8600 towards the closing today; Do not let your
guard down; Do not take unnecessary risks; Stay Away if you are in doubt.




23Mar(2:30) Mkt in red; Choppy; 3 Suggests gave profit;
IRB>245 HAVELLS>309.50 still good for more
in LONG in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
AMBUJACEM In at 256, Out at 259 Some profits have come; Low chances of more
IRB In at 243, Out at 244.80
See > 245
We got a 2nd chance; There may be a 3rd chance!
WIPRO Went down from 651; Avoid
HAVELLS Out at 309.50, See>309.50 There can be more in last hour
JETAIRWAYS Went down; Avoid
TVSMOTOR Went down; Recovering now

Our Suggests have given some more profits and a few are capable of giving more in
the last hour; All, on a very bad day for the market which now has a negative bias; So,
while we will try to keep our flags flying till the end, we will also tell you this: If you have
made your profits for the day, consider closing shop and Staying Away; It will be wise
to protect your profits and not take any unnecessary risks; Any wrong move can
wipe out profits already made and can even take you to losses;
It is best to Stay Away now, in the last hour.

The Nifty has developed a distinct negative bias after our last Update; It now seems
that we will not get the upside we had expected before closing today; Instead, some
more down side can come now; The Nifty is at 8560 now, in the red; Has come down
from 8590 after our last Update; Nifty-8600 was not even approached; This 8560
region is good Support zone, and might just hold for the day; Next Support is at
8530; The Nifty will find it very difficult to get back to 8600-level before closing
today; Do not take unnecessary risks in last hour; Protect your profits;
Best to Stay Away now; Today we will close red/flat.



Please also see our Today's Performance or Details page