IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 04-May-2015


 

SUGGESTS:

 

HDIL

 

IBREALEST

 

SINTEX

 

ALSO SEE:

ALBK

FORTIS

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 Monday, 04-May-2015

SMS Pre-Market

Suggests: HDIL IBREALEST SINTEX;
Also See: ALBK FORTIS JKTYRE;
Valid for date: 04-May-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8210, 8260, 8300, 8330, 8350;
NIFTY Support levels are: 8140, 8100, 8080, 8040, 8010;

 

Pre-Market Alert: 9:15am

A positive opening and robust trading is expected in our markets today following
good global cues; Last Thursday, our markets ended lower mainly due to the Expiry;
There was also selling due to profit booking in some major counters; Also note that
continued selling by foreign institutional investors (FIIs) amid tax concerns has cost
India the most favoured tag in the emerging markets in April; The choppiness seen last
Thursday because of Expiry is expected to be there today also; However, we expect the
Nifty-8200 level to be covered at the opening itself; The 200-DMA, at 8239, will also
be respected today, we feel; Strong Support at 8180-8140 will again come into play
today; On the higher side, Resistance at 8280-8300 had become very difficult to cross
in the last few sessions; Intraday traders wanting to go LONG will need to stay 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 63.6700; WTI Crude is at $59.15; Brent Crude is at $66.46

 


 

SMS-1

04May(10:00) Gap-up openng; Going Up;
See SINTEX>115 FORTIS>161.50;
Watch IBREALEST>60.70 JKTYRE>118;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A gap-up opening for the Nifty today around 8230; The Nifty had developed a positive
bias after opening and had gone up to touch 8290, nearly 60-points rise; Nifty at 8280
now, in the green; As we said before, this 8280-8300 is strong Resistance area and will
be difficult to cross; The Nifty is expected to pause here and consolidate in the 8260-
8280 zone; Meanwhile, see these if market upturn comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
SINTEX 115 113 116 117 520
FORTIS 161.50 158.50 163 164 370

Also watch IBREALEST>60.70 and JKTYRE>118 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

04May(11:00) Mkt +ve & flat; No Suggest gave profit; Old Levels
Valid for SINTEX FORTIS; See HDIL>120 ALBK>105
if mkt turns up; Avoid other 2; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HDIL See > 120 Going up slowly; Watch this..
IBREALEST Flat & Choppy; Avoid, for now
SINTEX See > 115 Old levels valid; This can give profits today
ALBK See > 105 Going up; Stopped at 104; Watch this..
FORTIS See > 161.50 Old levels are still valid; Watch this..
JKTYRE Touched our Trigger; Go Marginal, if you are
already in; But there can be some chances later

All our Suggests appear risky at this time mainly because the general market is very
undecided; You have to be very careful in LONG; If you decide to get in, don't wait for
too much time; Take small profit and Exit; Buy again, if the upside continues; 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 remained in the 8260-8280 band after our last Update, exactly as we had
predicted; At 8270 now, in the green; Resistance at 8280-8300 will be tested again,
we feel, in the next hour or so; We expect the Nifty to cross 8300 later today;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

04May(12:30) Mkt in green; Going good; HDIL JKTYRE
gave profit; SINTEX FORTIS Marginal; Hold both;
Await Europe openng; See Site -INTDAY

 

Update-3: 12.30pm

Suggest Action - for LONG Comments
HDIL In at 120; Out at 121.25 Stuck at 120 now; Can give a 2nd chance
IBREALEST Flat, Choppy & low Volume; Avoid, for now
SINTEX In at 115
Marginal till now
This can give profits today, but be careful..
ALBK Choppy & low Volume; Avoid, for now
FORTIS In at 161.50
Marginal till now
This can also give profits, but be careful..
JKTYRE In at 118, Out at 119.50 Going down; Not much chance here anymore

2 of our Suggests have come from behind and delivered profits, while the front runners
are still in Marginal status; But there is still chance with these two as the general market
is improving; do not lower your guard; Be very careful now if you are holding; Profit
booking downside can come anytime; 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 started its assault towards 8300 earlier that we expected; At 8295 now, in
the green; Has been in this area, in a very narrow 10-point zone, since the last 1-hour;
As we had said, this 8280-8300 is strong Resistance and will be very difficult to cross;
We still expect the Nifty to cross 8300, but if it is not done in the next half-hour or so,
we'll see some profit booking instead; Global markets are still supportive and Europe
is scheduled to open in green; We will need some domestic trigger to get past 8300;
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

04May(2:30) Mkt in green; +ve bias; HDIL FORTIS gave
profit; Hold HDIL>121.50 FORTIS>174; SINTEX Marginal;
No other good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HDIL Out at 121.50
Hold>121.50, SL-118.50
But there is actually no chance now;
No point holding
IBREALEST Flat, Choppy & low Volume; Avoid
SINTEX In at 115; Out at 115.80
Still Marginal
This will be considered Marginal today; Avoid
ALBK Choppy & low Volume; Avoid
FORTIS In at 161.50, Out at 174
Hold>174, SL-168
There can be more here, but be careful..
JKTYRE No further progress; Going down; Avoid

FORTIS has been a run-away success today; Plus there were good contributions from
some others; At this time, the general market has also paused; It is the right time now
to close shop and take home your profits; If you stay on now, you will be risking your
gains; Profit booking downside can come anytime; Do not push your luck 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 strong Resistance at 8280-8300 is still holding; The Nifty has been able to just
touch 8300 once after our last Update; But it has been fluctuating in the 8280-8300
zone since about 11am today; At 8290 now, in the green; As we said before, if this
Resistance is not crossed, we will fall down from 8300 and some profit booking can
come in; Global markets are still supportive with all of Europe in the green; But we
will need some domestic trigger to get past 8300, and none are coming; Do not
take any unnecessary risks in last hour; Today, we will close green.

 


 

Please also see our Today's Performance or Details page