IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 27-Apr-2015


 

SUGGESTS:

 

CAIRN

 

ITC

 

ONGC

 

ALSO SEE:

AMTEKINDIA

CANBK

TVSMOTOR

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 Monday, 27-Apr-2015

SMS Pre-Market

Suggests: CAIRN ITC ONGC;
Also See: AMTEKINDIA CANBK TVSMOTOR;
Valid for date: 27-Apr-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8330, 8360, 8400, 8430, 8460;
NIFTY Support levels are: 8270, 8250, 8190, 8160, 8130;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening and cautious trading is expected from our markets today;
Last Friday's market had started bad and had kept going steadily down through the day
with the Nifty touching 8400 at the opening, but going down to below 8300 near the
end; Lowest touched was almost 8270, which is the recent positional low; The same
negativity is expected to continue today and that Support at 8270 will be tested in the
first half; If the Nifty can hold this level, we might some recovery, otherwise 8130 will
be downside limit today; On the higher side, the 8400-8430 will be good Resistance
for the Nifty; Intraday traders wanting to go LONG will need to remain very careful;
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 you are not sure about what to do;
INR-US$ is at 63.6000; WTI Crude is at $57.15; Brent Crude is at $65.28

 


 

SMS-1

27Apr(10:00) Small gap-up openng; Going down;
See ITC>352.50 AMTEKINDIA>99;
Watch CAIRN>218 CANBK>382;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty today around 8330; The Nifty has developed
a slight negative bias after opening and is down to 8280 now, in the red; The strong
and positional Support at 8270 is being tested again, very early in the morning;
We expect this to hold for some time; Meanwhile, See these if market upturn
holds with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 352.50 348 355 356 170
AMTEKINDIA 99 96 100 101 600

Also watch CAIRN>218 and CANBK>382 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

27Apr(11:00) Mkt -ve & going down; AMTEKINDIA gave profit;
Hold AMTEKINDIA>99.70; No other looks good for
LONG now; Wait till mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CAIRN Going down; Avoid, for now
ITC Choppy & Uncertain; But watch after 352
ONGC Went down to 312; Recovering; Watch after 315
AMTEKINDIA In at 99, Out at 99.70
Hold>99.70, SL-97
There can be more here today
CANBK Choppy & going down; Avoid, for now
TVSMOTOR Went down to 226; Recovering; Watch after 226

Our persistence with AMTEKINDIA has paid off today as some small profit has come
on a severely bad day; But you have to be very careful as today is a day to avoid for
intraday traders wanting to go LONG; We feel there will be chances later today as
the Nifty is poised to jump up; Wait till that happens; Best to Wait and Watch;
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 strong and positional Support at 8270 did not hold at all, contrary to what we
had thought; Right from the opening at 8330 the Nifty has gone down steadily to touch
a low of 8220 just now; That is a 110-point fall with no stoppage at 8270; Nifty is at
8240 now, in the red; Has been in the 8220-8240 range for the last 15-20 minutes;
Looks like the Nifty might pause a little here; If that happens, we might get a jump
back to 8300; Some positive inputs are now required, domestic or global, to take
the market out from here; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

27Apr(12:30) Mkt in red; Going Flat; AMTEKINDIA added profit;
Hold AMTEKINDIA>101.25; No other looks good for LONG now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Going down; Avoid, for now
ITC Choppy & Uncertain; Avoid, for now
ONGC Going down again; Avoid, for now
AMTEKINDIA Out at 101.25
Hold>101.25, SL-98
There can be more here today
CANBK Recovering; Watch after 381
TVSMOTOR Stuck at 226; Can flare up suddenly

AMTEKINDIA is still doing good and some more profit has come; No other Suggest
looks good for LONG at this time, except for maybe, CANBANK; The general market,
is however, improving slowly; Our Suggests can give opportunities if the Nifty goes up
towards 8300; Best to Wait and Watch; Stay Away if you are not confident about what
you are doing; It is better to go profit-less, if you have missed AMTEKINDIA, rather
than get into loss; Any wrong move can take you to losses;
Stay Away if you are in doubt.

The Nifty has been fluctuating in the 8250-8280 range since the last Update; The
level of 8220 has been able to stop the Nifty from falling further; At 8260 now, in the
red, but holding steady; As we said before, if the Nifty can hold this level for some time,
we might get a jump back, up to 8300; But some kind of positive inputs are required,
domestic or global, to take the market out from here; Holding this level is important
to avoid further downside; Keep constant vigil and take all precautions before
you decide on what to do; Stay Away if you are not certain.

 


 

SMS-4

27Apr(2:30) Mkt in red; Flat & Quiet; AMTEKINDIA CANBK
gave profit; AMTEKINDIA>102 CANBK>387 still good for
more in LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Going down; Avoid
ITC Going down; Avoid
ONGC Going down; Might recover; Avoid
AMTEKINDIA Out at 102
See > 102
There are low chances now more profits
CANBK In at 381, Out at 387
See > 387
There is still chance for this to give more
TVSMOTOR Still stuck at 226; Can flare up suddenly

CANBK has joined AMTEKINDIA in giving adequate profits in intraday today - a very bad
day overall; The general market has started to fall once again; If you have made some
profits today from our two winners today, it will be best to Stay Away now; Any wrong
move can wipe out your small profits and take you to losses; Best to Stay Away now.

The upside that we were hoping for, might not come today; Our market is in the firm
grip of the Bears and any move to get out and go up has been short-lived; From a level
of 8260 at our last Update, the Nifty has come down to 8220 now, deep in the red; We
are looking at another 80-100 point decline today; As we have been saying for the last
few days, some kind of positive inputs are required, domestic or global, to take the
market out from here and to avoid further downside; But nothing has come so far;
Let us hope the Nifty will not fall below 8200 at closing today; Do not
take any unnecessary risks in last hour; Today, we will close red.

 


 

Please also see our Today's Performance or Details page