IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 09-Apr-2015


 

SUGGESTS:

 

BHARTIARTL

 

CROMPGREAV

 

DABUR

 

ALSO SEE:

CAIRN

COALINDIA

JKTYRE

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, 09-Apr-2015

SMS Pre-Market

Suggests: BHARTIARTL CROMPGREAV DABUR;
Also See: CAIRN COALINDIA JKTYRE;
Valid for: 09-Apr-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8730, 8760, 8790, 8820, 8860;
NIFTY Support levels are: 8700, 8660, 8630, 8590, 8540;

 

Pre-Market Alert: 9:15am

The Nifty is expected to open higher today also and is likely to extend gains, thanks
to Moody's action in upgrading India's outlook to positive from stable for the year;
The rating remains unchanged at Baa3; Yesterday, our markets displayed laid-back
and lack-lustre trading holding on to the initial gains and giving a closing above 8700
for the Nifty; Asia is on a roll today with Hong Kong almost +4% up at this time and
Japan moving towards a 15-year high after a fantastic run yesterday; At home, there
are no triggers expected; Although the near-time bias remains positive, and firm global
cues will give us a gap-up opening today, we expect some consolidation from our
markets at these higher levels; Like yesterday, holding on to 8700-level for the Nifty will
be the main objective today; First Support is now at 8680, followed by 8640-8610 while
Resistance will be found at 8760; 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 62.2100; WTI Crude is at $50.42; Brent Crude is at $55.55

 


 

SMS-1

09Apr(10:00) Gap-up openng; Went down sharply;
See CROMPGREAV>178.50 CAIRN>222.50;
Watch BHARTIARTL>419 COALINDIA>387;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Another 40-point gap-up opening for the Nifty today around 8750; The Nifty has
come down sharply after opening today and has hit a bottom of 8680; That is a 70-
point drop; The opening gains have been lost; The Nifty has bounced back from
8680 and is at 8700 now, in the red; We expect the Nifty to settle down around
8700 and get into range-bound trading; See these if market upturn comes
now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CROMPGREAV 178.50 176 180 181 330
CAIRN 222.50 220 224 227 260

Also watch BHARTIARTL>419 and COALINDIA>387 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

09Apr(11:00) Mkt +ve & choppy; No Suggest gave profit;
See DABUR>284 CAIRN>222.50 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHARTIARTL This is choppy & unreliable; Avoid, for now
CROMPGREAV Flat & Quiet; Can turn around
DABUR See > 284 Has already given a chance; Can go up again
CAIRN See > 222.50 Going up; Watch this..
COALINDIA Going down; Avoid, for now
JKTYRE Holding steady at 124; Watch after 125.50

We missed a small chance with DABUR as we had not given any levels for that; Besides
this, there were no other opportunities from our Suggests after our last Update; There
is scope from some of them now, and opportunities should come if the Nifty keeps
moving up; 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 bounce back for the Nifty continues; Nifty has come into the green and hit a max
of 8735, up from 8680, after our last Update; At 8725 now, in the green; We expect
the Nifty to get into range-bound trading in the 8710-8740 zone and trade quietly
till our next Update; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

09Apr(12:30) Mkt in green; Going Flat; CAIRN gave profit;
Only COALINDIA>383.50 looks good for LONG now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Going down; Avoid, for now
CROMPGREAV Flat & Uncertain; Avoid, for now
DABUR Flat & Quiet; But watch after 283
CAIRN In at 222.50, Out at 226 Took a fall; Turning around again
COALINDIA See > 383.50 Going up; Watch this..
JKTYRE Flat & Uncertain; Avoid, for now

Some profits have come from CAIRN and only one other looks good for LONG at this
time; So far, today has ben a bad day for our Suggests; The situation can change if
the Nifty starts to improve and Europe helps; Let us not lose hope; At the same time,
do not get over active and get into a bad deal; Remember, it is better to go profit-less
rather than getting into losses; 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 has come into range-bound trading, just as we had predicted, in the 8710-
8740 band after our last Update; At 8735 now, in the green; We expect the bounce
back for the Nifty to continue and the Nifty to go towards the Resistance at 8760 by
our next Update; Strong Resistance at 8730-8740 should be crossed today;
Keep vigil and take all precautions before you decide on what to do;
Stay Away if you are not certain about what to do.

 


 

SMS-4

09Apr(2:30) Mkt on the line; Choppy; No Suggest gave profit;
COALINDIA Marginal; Hold COALINDIA>385 if in;
No other good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Flat & Quiet at 407; Avoid
CROMPGREAV Going down; Avoid
DABUR Flat & Quiet at 280; Avoid
CAIRN This can still give a second chance
COALINDIA In at 383.50, Out at 384.50
Hold>358, SL-381
This is Marginal till now; But there
is chance in this in the last hour
JKTYRE Flat & Uncertain; Avoid

Overall, today has not been a very productive day for our Suggests; At this time there
is prospects in only two of our Suggests; Even for these two, you have to be extremely
careful; As we said before, it is better to go profit-less rather than getting into losses;
Do not take any risks now, unless you get a very good opportunity; Any wrong
move can take you to losses; Stay Away if you are in doubt.

The Nifty had touched the Resistance at 8760 after our last Update, exactly as we had
expected, and that Resistance has proved to be very strong; The Nifty could not cross
over that level, and instead, it has triggered a bout of profit-taking; The Nifty has fallen
straight back to 8700, which is in the red zone; At 8720 now, just above the line;
Fluctuating between 8700 and 8730; Global cues are still supportive and except for
the Satyam case, there are no negative cues domestically; We expect the Nifty to
bounce back up from 8700 and approach the Resistance at 8760 again by the end
today; A closing around 8750 is 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