IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 17-Apr-2015


 

SUGGESTS:

 

CAIRN

 

MARICO

 

ONGC

 

ALSO SEE:

AMTEKAUTO

IDEA

WIPRO

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, 17-Apr-2015

SMS Pre-Market

Suggests: CAIRN MARICO ONGC;
Also See: AMTEKAUTO IDEA WIPRO;
Valid for date: 17-Apr-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8730, 8790, 8830, 8860, 8900;
NIFTY Support levels are: 8660, 8630, 8600, 8570, 8530;

 

Pre-Market Alert: 9:15am

The Nifty is expected to open slightly lower today following mixed Asian cues; China
is however doing very well and is over +2% up; Yesterday, the Nifty ended lower on
profit booking for the 2nd straight session with IT and healthcare stocks contributing
the most to the decline; There was a steady negative bias throughout the day with
a late attempt to get back to end at 8700 from a low of 8645; In the absence of any
positive cues it is expected that the decline in the Nifty will continue today; But we
expect the Nifty to hold 8650 level today and not to go below 8630-8620 which is
strong Support; First Support is at 8680-8660; 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 62.3500; WTI Crude is at $56.71; Brent Crude is at $60.40

 


 

SMS-1

17Apr(10:00) Slight Gap-down openng; Going down;
See ONGC>333 AMTEKAUTO>170.50;
Watch IDEA>203 WIPRO>593;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8700; The Nifty has developed a slight
negative bias immediately after opening today and is at 8660 now, in the red; As
we said before, this 8660 is a Support area and we expect the Nifty to pause at
this level; We can see some consolidation here and maybe, even an attempt to
get back to the 8700-level; Meanwhile, See these if market upturn
comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ONGC 333 328 336 340 180
AMTEKAUTO 170.50 167 172 175 350

Also watch IDEA>203 and WIPRO>593 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

17Apr(11:00) Mkt -ve & flat; AMTEKAUTO gave profit;
Hold AMTEKAUTO>172 if in; See ONGC>332
WIPRO>593 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CAIRN Has levelled out; May have chances above 236
MARICO Has levelled out; May give chances above 418
ONGC See > 332 Going up; Watch this..
AMTEKAUTO In at 170.50, Out at 172;
Hold>172, SL-169
This can give more today
IDEA Going down; Avoid, for now
WIPRO See > 593 Going up; Watch this..

Things have started to change in the last half-hour; The situation was quite drab till
then; Now, we already have one profit and there are more to come; It is time now to
look for opportunities; Specially if the Nifty starts to go up significantly; But do not
rush; Do not lower your guard; Keep constant vigil; Look at all angles before you
take a decision; Do not take unnecessary risks; Any wrong move can take
you to losses; Stay Away if you are in doubt.

The Nifty has taken a pause at the Support of 8660, exactly as we had predicted in our
last Update; Actually, it has bounced back from a low of 8640; At 8660 now, in the red;
Trading in the 8640-8670 range since about 9:30am; We expect the Nifty to continue
in a range and develop a slight positive bias later; 8700 is the target;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

17Apr(12:30) Mkt in red; Going Flat; No Suggest gave
profit; No Suggest looks good for LONG at this time;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Going down steadily; Avoid, for now
MARICO Just touched 418 Try to go marginal for now;
But there can be chances here today
ONGC Just touched 332 There was no entry here; Avoid for now
AMTEKAUTO No further development after last Update
IDEA Going down steadily; Avoid, for now
WIPRO Just touched 593 There was no entry here; Avoid for now

There has been no progress in any of our Suggests after the last Update; 3 of them has
just touched the Triggers, but there was actually no entry in any of them; If you have
actually taken any position in any of them, it will be better if you go Marginal; There has
been no improvement on the position of the Nifty; It will be best to Stay Away from this
market until the Nifty starts to go up; But the odd, sudden chance can always come;
Keep constant watch and look at all angles before you take a decision; 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 at 8660 now, in the red; Still trading in the 8640-8670 range since the last
Update; We expect the Nifty to continue in this range and develop a slight positive bias
later in the day; 8700 is the target; 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

17Apr(2:30) Mkt in red; Going flat; 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
CAIRN Stuck at 231; Avoid
MARICO Stuck at 416; Avoid
ONGC Choppy; But can bounce up suddenly
AMTEKAUTO No further development; Avoid
IDEA Stuck at 197; You never know with this..
WIPRO Choppy & uncertain; Avoid

None of our Suggests have been able to do any good after our last Update; None looks
good for LONG at this time, except for some outside chance in a couple of them; But
the overall market is not improving, so it is better not to take any chances now;
It will be best to Stay Away from this market now; Any wrong move can wipe
out your small profits and take you to losses; Do not take any risks now.

The Nifty is at 8640 now, in the red; But a slight negative trend seems to have come
in dragging the Nifty down from the 8640-8670 range; The target of 8700 may not
be reached today, but we are still hopeful for 8650+; Do not take any
unnecessary risks in last hour; Today we will close red.

 


 

Please also see our Today's Performance or Details page