IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 30-Apr-2015


 

SUGGESTS:

 

AMBUJACEM

 

EXIDEIND

 

PETRONET

 

ALSO SEE:

ARVIND

FEDERALBNK

SINTEX

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, 30-Apr-2015

SMS Pre-Market

Suggests: AMBUJACEM EXIDEIND PETRONET;
Also See: ARVIND FEDERALBNK SINTEX;
Valid for: 30-Apr-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8260, 8300, 8330, 8350, 8400;
NIFTY Support levels are: 8180, 8160, 8130, 8100, 8080;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening and cautious trading is expected in our markets today
following negative global cues; Yesterday, markets ended lower mainly due to selling
pressure by foreign funds amid worries surrounding the MAT issue; Trading is expected
to be choppy today due to expiry; The choppiness was present yesterday also when the
Nifty closed 45 points down at the 200-DMA, at 8239; For today, the bias is negative
and Nifty-8200 will be in danger right at the beginning; Strong Support at 8180 is still
the focal point and Support at 8130 should be the limit on the downside; As long as
Nifty can hold this level, there will always be a chance to bounce back; On the higher
side, Resistance at 8280-8300 is becoming very difficult to cross in the last 3-4
sessions; 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 & exit; Buy again if upsurge holds; Avoid unnecessary risks;
Stay Away, if you are not sure about what to do;
INR-US$ is at 63.5000; WTI Crude is at $58.58; Brent Crude is at $65.84

 


 

SMS-1

30Apr(10:00) -ve openng; Going Flat;
See EXIDEIND>181 FEDERALBNK>133.50;
Watch AMBUJACEM>236 PETRONET>174;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8230; The Nifty had developed a strong
negative bias immediately after opening and had gone down nearly 80-points to below
8150; The Nifty has been stopped at the crucial Support level of 8180-8160 and is
at 8160 now, deep in the red; Trading flat, within that region; We expect the
Nifty to hold this level for some time; Meanwhile, see these
if market upturn comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
EXIDEIND 181 177 182 184 330
FEDERALBNK 133.50 130 135 137 440

Also watch AMBUJACEM>236 and PETRONET>174 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

30Apr(11:00) Mkt flat; 2 Suggests gave profit;
Hold AMBUJACEM>239 PETRONET>176 if in;
See FEDERALBNK>133.50 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AMBUJACEM In at 235, Out at 238.50
Hold>239, SL-234
There can be more here today
EXIDEIND Going down; Avoid, for now
PETRONET In at 174, Out at 175
Hold>176, SL-172
Choppy & Low-volume; But there can be more
ARVIND We missed a chance from 256 to 259;
Can give another chance; Watch after 258
FEDERALBNK See > 133.50 Old levels are still valid
SINTEX Choppy & Uncertain; But watch after 109

Our Suggests are tentative and the progress is not very convincing, as of now; Only
AMBUJACEM looks promising; Be extra careful and alert; 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 been stopped at the Support of 8160-8180; At 8170 now, in the red;
The Nifty has been trading in the 8160-8180 region since our last Update, exactly as we
had predicted; We expect the Nifty to continue in this range for some time as the expiry
roll-over calculations continue; Some upside is expected later in the day, up towards
8250; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

30Apr(12:30) Mkt in red; Going Flat; 3 Suggests gave profit;
Hold AMBUJACEM>241 SINTEX>111 if in; No other looks
good now; Await Europe openng; See Site -INTDAY

 

Update-3: 12.30pm

Suggest Action - for LONG Comments
AMBUJACEM Out at 240.50
Hold>241, SL-237
There can be more here today
EXIDEIND Going down; Avoid, for now
PETRONET Out at 175.80 Going down; Avoid, for now
ARVIND Flat & Low-Volume; Avoid, for now
FEDERALBNK Very Choppy & Uncertaun; Avoid, for now
SINTEX In at 109, Out at 111
Hold>111, SL-108
There can be more here today

3 of our Suggests have given adequate profits already and 2 others look good for more
in LONG; Let us be happy with what we have got and look now to protect your profits;
The general market is, however, developing a slight positive bias; Do not lower your
guard; Look at all angles before you take a decision; Profit booking downside can
come anytime; Be very careful now if you are holding; Do not take unnecessary
risks; Any wrong move can take away your profits and put you into losses;
Get out at the slightest hint of trouble.

The Nifty has been going up slowly since the time it hit the low of 8150 immediately
after opening today; At 8190 now, in the red; The range has now become 8170-8200
after our last Update; As before, we do not expect any big moves in the Nifty now due
to the expiry; That will come towards the end of the day; Keep constant vigil and
take all precautions before you decide on what to do; Protect your profits
and Stay Away if you are not certain.

 


 

SMS-4

30Apr(2:30) Mkt has +ve bias; SINTEX added profit;
SINTEX>112 good for more in LONG if upsurge holds
in last hour; All others can also profit; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMBUJACEM No further development; Avoid
EXIDEIND Can give chance in last hour after 177
PETRONET No further development;
But can give a 2nd chance after 173
ARVIND Flat & Low-Volume; Avoid
FEDERALBNK Very Choppy & Uncertaun; Avoid
SINTEX Out at 112; See > 112 There can be more here, but be careful..

Good enough profits have come from our Suggests today, and if you have made some
of these profits, there is actually no point in trying anything further in a second chance;
It will be better to close shop and take home your profits; Do not get over-enthusiastic
and take any bad risk in the last hour; Any wrong move can take away your profits
and put you into losses; It is best to Stay Away now.

The Nifty has jumped back and has crossed 8200 from the low of 8110 after our last
Update, exactly as we had predicted; At 8210 now, still in the red; But there is a
definite positive bias; Looks like the Nifty has stopped at this level of 8210 for
now and might pause here; But we still feel that it will go up further to give
a flat closing today; A closing between 8200 and 8250 is what we are
hoping for; Do not take any unnecessary risks in last hour;
Today, we will close flat/red.

 


 

Please also see our Today's Performance or Details page