IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 26-Mar-2015


 

SUGGESTS:

 

ADANIPORTS

 

DLF

 

HEXAWARE

 

ALSO SEE:

BHARTIARTL

ICICIBANK

SSLT

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 Thursday, 26-Mar-2015

SMS Pre-Market

Suggests: ADANIPORTS DLF HEXAWARE;
Also See: BHARTIARTL ICICIBANK SSLT;
Valid for: 26-Mar-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8550, 8580, 8600, 8630, 8660;
NIFTY Support levels are: 8480, 8430, 8400, 8370, 8350;

 

Pre-Market Alert: 9:15am

A small gap-down opening and cautious trading is expected in our markets today
following down trend other global markets amid rising tension in the Middle East;
According to media reports, Saudi Arabia-led coalition of Arab nations has launched
airstrikes in Yemen to push back Houthi rebels; Investors will also remain cautious
and trade may turn volatile as the session progresses due March F&O expiry today;
Yesterday we had a slow negative bias throughout the session which ended slightly
in the red; US stocks were hammered last night as fears about quarterly results had
intensified; European stocks slump amid brighter German sentiment report; Asian
stocks have fallen today morning on US selloff and Yemen worries; Global cues are
absolutely down today; In our market, profit taking has been continuing in the last
few sessions; There is no sight of the expected technical bounce-back and short
covering; For the Nifty today, the important Support at 8530-8520, which has held
strong for several sessions, may be taken out at the opening itself; Even 8500 may
be breached very early today; In that case, the First Support will be in the 8480-
8450 zone followed by 8430; As we said earlier, we foresee a 100+ point fall if
8530-8520 is broken; But the technical bounce-back is also overdue; 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 62.5600; WTI Crude is at $49.21; Brent Crude is at $56.48

 


 

SMS-1

26Mar(10:00) Gap-down openng; -ve bias;
See ADANIPORTS>316 BHARTIARTL>403;
Watch HEXAWARE>295 SSLT>195.50;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

60-points gap-down opening for the Nifty today around 8470; The Nifty had climbed
up to almosr 8500 immediately after opening, in the very first minute, but has now
developed a steady negative bias; At 8470 now, in the red; We expect the Support
at 8480-8450 to hold and Nifty to get into range bound trading; Choppiness will
be there due to Expiry; Meanwhile ADANIPORTS and BHARTIARTL could have
already given you an entry following PricePoints; ADANIPORTS should have been
in at 314 and out at 315; If still in, hold ADANIPORTS>316 with a StopLoss of
311; Similarly, BHARTIARTL should have been in at 401 and out at 402; If still in,
hold BHARTIARTL>403 with a StopLoss of 398; If you have missed these entries,
look at these: See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIPORTS 316 311 318 320 180
BHARTIARTL 403 398 405 408 140

Also watch HEXAWARE>295 and SSLT>195.50 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

26Mar(11:00) Mkt -ve & flat; HEXAWARE gave profit;
ADANIPORTS BHARTIARTL added slightly; Hold HEXAWARE>296
BHARTIARTL>403 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS In at 314, Out at 315.50 Took a fall; Can give a 2nd chance later
DLF Choppy & Uncertain; Avoid, for now
HEXAWARE In at 295, Out at 296
Hold>296, SL-292
This can give more, but be careful..
BHARTIARTL In at 401, Out at 403.50
Hold>403, SL-398
This can give more, but be careful..
ICICIBANK Choppy & Uncertain; Avoid, for now
SSLT Going down; Avoid, for now

It is difficult for our Suggests to give good profits in a market like today, where
everything looks down; So, we will have to be satisfied with what little comes our way;
Things can change, of course, but at this time, do not force your luck; Holding on is
quite risky; Be very careful; Do not take unnecessary risks; Any wrong move can
take you to losses; Just get out and Stay Away if you are in doubt.

As was expected by us, the Support at the 8480-8450 zone is holding the Nifty from
falling further; Nifty is at 8470 now, deep in the red; Going flat and choppy now in the
8460-8480 range; The chances of any substantial recovery looks remote right now;
We expect this range-bound trading to continue; A slight positive bias might
develop later in the day; Do not lower your guard; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

26Mar(12:30) Mkt in red; Going down; HEXAWARE added
small profit; See ADANIPORTS>315 HEXAWARE>296
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS See > 315 There can be a 2nd chance now
DLF Choppy & Uncertain; Avoid, for now
HEXAWARE Out at 296.40
See > 296
This can also give a 2nd chance
BHARTIARTL No further development; But keep watching..
ICICIBANK Choppy & Uncertain; Avoid, for now
SSLT Going down; Avoid, for now

Bad times continue for the Nifty as well as our Suggests; As we said last time, we are
happy with what has come; If some more comes our way, all the better; But let us not
take any extra risks; Don't set your terminal to autobuy at any trigger given above;
Be very sure about upward trend before you buy; Any wrong move can take
you to losses; Stay Away if you are in doubt.

The Support at 8450 has been breached; Nifty has gone down to touch 8440 after our
last Update; However, this 8440 has halted the fall and the Nifty has been in the 8460-
8440 range since then; At 8445 now, deep in the red; We had expected a 100+ point
fall after breaching 8530, and we are almost there; However, we might still get that
slight positive bias later today; Do not let your guard down; Do not take
unnecessary risks; Stay Away if you are in doubt.

 


 

SMS-4

26Mar(2:30) Mkt in red; Going down; No Suggest gave profit;
None look good for LONG now in last hour; Best to Stay Away;
See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Falling down; Avoid
DLF Choppy & Uncertain; Avoid
HEXAWARE No 2nd chance; Looks better than the rest
BHARTIARTL Flat & Uncertain; Keep watching..
ICICIBANK Going down; Avoid
SSLT Going down; Avoid

HEXAWARE and BHARTIARTL are the only two that seem to have an outside chance of
adding som more in the last hour; The general market is going down badly; If you have
made your profits for the day you should Stay Away now; Be careful and do not take
any unnecessary risks; Any wrong move can wipe out the small profits made so far
and take you to losses; It is best to Stay Away now, in the last hour.

The Support at 8430 has also been breached and we have come down 100-points from
yesterday's closing; A low of 8390 has been touched and the important level of 8400
has also been breached by the Nifty; Next Support is at 8370; World markets are all
deep in the red on Yemen worries; The small bounce back that we had expected might
not come even today; This is overdue; Do not take unnecessary risks in last hour;
Protect your small profits; Best to Stay Away now; Today we will close red.

 


 

Please also see our Today's Performance or Details page