IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 21-Apr-2015


 

SUGGESTS:

 

BANKBARODA

 

HEXAWARE

 

TATAMOTORS

 

ALSO SEE:

AMTEKINDIA

DLF

HAVELLS

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 Tuesday, 21-Apr-2015

SMS Pre-Market

Suggests: BANKBARODA HEXAWARE TATAMOTORS;
Also See: AMTEKINDIA DLF HAVELLS;
Valid for 21-Apr-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8500, 8530, 8560, 8600, 8630;
NIFTY Support levels are: 8420, 8380, 8330, 8270, 8250;

 

Pre-Market Alert: 9:15am

The Nifty is expected to open lower today also following the big correction seen in
the last four sessions; However, global cues look supportive as the US market has
closed higher last night and the Asian markets are following suit; The indices will look
at recouping some of the losses suffered; While technically, the charts suggest bearish
pattern, good global cues could turn the trend temporarily in our market; Another low
has been the Rupee, which has hit a low of 63 after 09Jan; Time to remain careful for
intraday traders; As always, 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 63.1100; WTI Crude is at $56.38; Brent Crude is at $63.45

 


 

SMS-1

21Apr(10:00) Flat openng; Going Choppy;
See HEXAWARE>327 TATAMOTORS>537;
Watch DLF>145 HAVELLS>294;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8420; The Nifty has been choppy around the
line after opening today; At 8430 now, slightly in the red; The level of 8400-8380 is
good Support and psychologically important; Next Support is way down at 8330; We
expect the Nifty to halt at the 8400-8380 level and take a pause, but the next Support
may be tested today, unless good global cues can swing the market up in the 2nd half;
Meanwhile, See these if market upturn comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HEXAWARE 327 320 329 333 180
TATAMOTORS 537 530 540 546 110

Also watch DLF>145 and HAVELLS>294 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

21Apr(11:00) Mkt -ve & choppy; No Suggest gave profit;
None look good for LONG at this time;
All can profit if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BANKBARODA Going up slowly; Watch above 178
HEXAWARE Going down; Avoid, for now
TATAMOTORS Stuck at 534; Watch this after 537
AMTEKINDIA Very Choppy; Watch after 89.50
DLF Choppy but going up; Watch after 145
HAVELLS Stuck at 290; Watch this after 292

Our Suggests have not been able to do anything so far today and neither will they
be able to give any profits today unless the Nifty starts to go up; It is a wait and
watch situation now; As we said before, Things can change fast; Keep constant vigil;
Odd, quick chances can always come; 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.

8400 on the Nifty has just been tested; The Support at 8380-8400 is still holding; We
are expecting that this Support will keep holding and the Nifty will get into range-bound
trading now; Some upside into the green might also come as global cues are still very
supportive; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

21Apr(12:30) Mkt choppy on the line; BANKBARODA AMTEKINDIA
gave profit; Hold BANKBARODA>180.50; See AMTEKINDIA>91;
TATAMOTORS HAVELLS Marginal; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKBARODA In at 178, Out at 180.50
Hold>180.50, SL-177
There can be more here if Nifty goes up
HEXAWARE Fluctuating around 324-325; Watch after 327
TATAMOTORS Marginal at 537 Actually, in at 537, Out at 538;
There are low chances of profits now;
AMTEKINDIA In at 89.50, Out at 91.25
See again > 91
Some more can come, but be very careful..
DLF Going down slowly; Avoid, for now
HAVELLS Marginal at 292 Stuck now; But this can give profits later

So far, so good; With the Nifty improving our Suggests have been able to give some
profits; There can be more, as some Suggests show promise, but you will have to be
very careful from here onwards; Do not risk your profits, if any; Keep constant watch
and look at all angles before you take a decision; Do not take any unnecessary risks;
A wrong move can take you to losses; Stay Away if you are unsure of your actions.

8400 on the Nifty has been kept intact; The Support at 8380-8400 has been kept
intact; The Nifty has bounced up from there and was able to cross the line into the
green, exactly as we had expected; Touched a high of 8460; Had gone down to 8420
after that and is at 8440 now, in the red; Trading in the 8420-8450 range; Global cues
are still supportive as Europe is expected to open in the green; The Rupee has gone
down below 63 again; We expect the Nifty to hold position around 8450 and slowly
consolidate in the green; 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

21Apr(2:30) Mkt choppy around line; No Suggest gave profit;
None look good for LONG at this time; All can profit
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKBARODA Stuck at 180; But there are still chances
HEXAWARE Choppy & Uncertain; Avoid
TATAMOTORS Going down; Avoid
AMTEKINDIA Stuck at 90; But there are still chances
DLF Going down; Avoid
HAVELLS Choppy & Uncertain; Avoid

Our Suggests have not done anything further after our last Update, and nothing more
is expected to happen in the last hour; Except for some outside chances that can
always come; But do not risk your profits, if any; It is best now to close shop and
take home whatever profits you have made today; Even if you have not made any
profits today, remember that it is better to go profit-less rather than going
into a loss; Any wrong move can wipe out your small profits and take
you to losses; Do not take any risks now; Stay Away.

The upside into the green zone, that we had expected, has not come; And the Nifty
is finding it really difficult to hold 8450-level; At 8430 now, in the red; Trading in the
8420-8450 range; Global cues are still supportive but there seems to be no scope for
the Nifty now; There are no domestic cues; We fear some more downside in last hour
but Support at 8380-8400 will hold, we hope; In any case, 8400 will be threatened
at closing today; Do not take any unnecessary risks in last hour;
It is best to Stay Away now; Today we will close red.

 


 

Please also see our Today's Performance or Details page