IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 08-Apr-2015


 

SUGGESTS:

 

HEXAWARE

 

IDEA

 

NTPC

 

ALSO SEE:

EXIDEIND

INDIACEM

TATASTEEL

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, 08-Apr-2015

SMS Pre-Market

Suggests: HEXAWARE IDEA NTPC;
Also See: EXIDEIND INDIACEM TATASTEEL;
Valid for date: 08-Apr-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8700, 8740, 8790, 8820, 8860;
NIFTY Support levels are: 8610, 8580, 8540, 8510, 8470;

 

Pre-Market Alert: 9:15am

The Nifty is expected to open slightly higher today also and is likely to extend gains,
amid firm Asian cues, with rate sensitive shares in focus led by banks after some of
them announced reduction in lending rates; Yesterday, our markets fell sharply in
intraday trade before a recovery in rate sensitives right at the end helped markets
recoup intraday losses to finally end flat even as RBI at its policy meet maintained
status quo on key lending rates; In the process, the Nifty has sailed past its crucial
psychological Support level of 8650; Today we expect a continuation of the upward
momentum and a crossing into the 8700+ area by the Nifty; Good Support is now at
8640-8610 while Resistance will be found at 8740; As always, be very careful and alert;
Wait for a definite chance; Consider all angles before you buy; Take small profits and
exit; Buy again if upsurge holds; Avoid unnecessary risks; Stay Away if not sure;
INR-US$ is at 62.3200; WTI Crude is at $53.98; Brent Crude is at $59.10

 


 

SMS-1

08Apr(10:00) Gap-up openng; Going Flat;
See IDEA>199 INDIACEM>101;
Watch HEXAWARE>329.50 TATASTEEL>335;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 40-point gap-up opening for the Nifty today around 8700; The Nifty has been choppy
and flat around the 8700-mark since opening; At 8710 now, in the green; We expect
Nifty to develop a slight positive bias as the day progresses; Meanwhile, INDIACEM
could have already given you some profits following PricePoints; INDIACEM should
have been in at 99 and out at 101; In still in, Hold INDIACEM>101 with a StopLoss
of 98; Otherwise, See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
IDEA 199 196 201 203 300
INDIACEM 101 98 102 103 590

Also watch HEXAWARE>329.50 and TATASTEEL>335 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

08Apr(11:00) Mkt choppy; INDIACEM added profit;
Hold INDIACEM>103 if in; See HEXAWARE>329
EXIDEIND>188 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HEXAWARE See > 329 This can go up; Watch this..
IDEA Falling down; Can turn around
NTPC This can also give chances after 156
EXIDEIND See > 188 Going flat; Can flare up anytime
INDIACEM In at 99, Out at 103
Hold>103, SL-99
Quiet now; Can give more today
TATASTEEL Just touched the trigger at 335; There was
no entry; But there is chance here today

Except for some early profits by INDIACEM, our Suggests have not done anything
noteworthy till now today; There is good promise by some, and INDIACEM can start
all over again; All depends on how the general goes from here; Keep constant watch
and look at all angles before you take a decision; Wait till you get a confirmed upside
trend; Do not take any unnecessary risks; Any wrong move can take you to losses;
Stay Away if you are in doubt.

The Nifty has remained quiet and range-bound after our last Update; At 8700 now, in
the green, fluctuating in the 8680-8710 range; Holding on to 8700-level; We expect
the Nifty to continue trading in this range for some more time; We are still hopeful
that a positive trend will develop later in the day; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

08Apr(12:30) Mkt in green; +ve bias; TATASTEEL gave profit;
Hold TATASTEEL>339; HEXAWARE just touched Trigger;
INDIACEM stuck; See NTPC>156; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HEXAWARE Touched Trigger 329 But this can still go up; Watch this..
IDEA Going down; Avoid, for now
NTPC See > 156 This can give some chances now..
EXIDEIND Choppy & Uncertain; Avoid, for now
INDIACEM Stuck at 102 This can still give more today
TATASTEEL In at 335, Out at 338.50
Hold>339, SL-332
There is chance for more here today

Our Suggests have taken a turn for the better, following the upturn in the market in
general; Please note that we do not expect anything much from HEXAWARE just now;
Keep constant watch and look at all angles before you take a decision; Wait till you
get a confirmed upside trend; Do not take any unnecessary risks; Any wrong move
can take you to losses; Stay Away if you are not sure of your actions.

The Nifty is doing well and holding 8700-level after our last Update; A slight positive
trend has also developed, as expected, and a high of around 8730 has been hit from
a low of about 8690; Nifty is at 8720 now, in the green; The upward swing seen now
is not all that strong, and we expect the Nifty to get back into range-bound trading,
holding 8700-level, of course; 8730-8740 is a Resistance zone that will be difficult
to cross for the Nifty; Keep vigil and take all precautions before you decide
on future action; Stay Away if you are not certain about what to do.

 


 

SMS-4

08Apr(2:30) Mkt in green; Flat & Choppy; No Suggest gave
profit; Hold TATASTEEL>339 if in; Only NTPC>156
looks good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HEXAWARE Very choppy & Uncertain; Avoid
IDEA Took a fall; Flat now; Avoid
NTPC See > 156 Flat now, but old levels still valid
EXIDEIND Took a fall; Uncertain; But might turn up
INDIACEM Still stuck at 102; So, keep watching..
TATASTEEL Hold>339, SL-332 Uncertain; But old levels still valid

There has been no further progress for our Suggests after the last Update; For some,
the old levels are still valid; We do not expect anything great to happen in the general
market now in the last hour; So, it is best to Stay Away now, unless you get a very
good opportunity; It will be better not to take any chances if you have made any
profits from INDIACEM and/or TATASTEEL; Do not take any unnecessary risks;
Any wrong move can take you to losses; Stay Away if you are in doubt.

The Nifty has gone back to range-bound trading in the 8700-8730 range after our last
Update, as we had correctly estimated. At 8710 now, in the green, holding position
above the 8700-mark; 8730-8740 is a Resistance zone that will be difficult to cross
for the Nifty; Overall, the Nifty would have done very well today if it can give a closing
above 8700; Very much possible; As we said before, do not take any unnecessary
risks in last hour; Protect your profits at all costs; Today we will close green.

 


 

Please also see our Today's Performance or Details page