IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 05-May-2015


 

SUGGESTS:

 

ADANIPORTS

 

BANKINDIA

 

FORTIS

 

ALSO SEE:

ARVIND

HDIL

ONGC

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, 05-May-2015

SMS Pre-Market

Suggests: ADANIPORTS BANKINDIA FORTIS;
Also See: ARVIND HDIL ONGC;
Valid for date: 05-May-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8370, 8400, 8430, 8460, 8500;
NIFTY Support levels are: 8290, 8260, 8220, 8190, 8150;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening and uncertain trading is expected in our markets today
following mixed Asian cues; Yesterday, our markets ended almost +2% higher on short
covering to reclaim the Nifty crucial psychological level of 8300, with hectic buying seen
in the last half-hour of trade; Experts expect the Nifty to climb to 8450-8480 levels, and
even levels around 8500-8550 are likely, but we do not think that will happen this week;
We have to first get past the Resistance at 8330-8350 convincingly like we went past
8280-8300 yesterday; Strong Support at 8180-8140 is still active; Global markets are
supportive but Japan, South Korea and Thailand are on holiday; We need some strong
domestic trigger to get past this current barrier; 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 63.5600; WTI Crude is at $58.93; Brent Crude is at $66.45

 


 

SMS-1

05May(10:00) Flat openng; Flat & Choppy now;
See BANKINDIA>226.50 ARVIND>274;
Watch HDIL>125 ONGC>334;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8330; The Nifty has been flat and choppy
just below the line since opening today; Trading in the 8300-8330 range; At 8320
now, in the red; The Nifty is expected to pause here after yesterday's last half-
hour upsurge, and consolidate in the 8330-8350 zone; Meanwhile, see
these if market upturn comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BANKINDIA 226.50 223 228 231 260
ARVIND 274 268 276 282 210

Also watch HDIL>125 and ONGC>334 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

05May(11:00) Mkt has +ve bias; ONGC gave profit; Hold
HDIL>125 ONGC>340 if in; See FORTIS>174.50
ARVIND>274 now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS Going down slowly; Avoid, for now
BANKINDIA Flat & Choppy; Avoid, for now
FORTIS See > 174.50 Low chances, but should be watched..
ARVIND See > 274 Stuck at 273; Watch this..
HDIL In at 125
Hold>125, SL-123
Just touched our Trigger; Go Marginal;
This is risky to hold on; But can give profits
ONGC In at 334, Out at 339.50
Hold>340, SL-334
There can be more profits here today

Our Suggests are a mixed bag today; While ONGC is going great, HDIL can push you
into losses; The others are tentative and you cannot bet on them safely; You have to
be very careful and quick in LONG today; The general market is doing good; 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 is doing very good and is at 8350 now, in the green; Technically, it is still in
the 8330-8350 zone, but there is a slight positive bias seen; We have to remember that
this 8330-8350 is a Resistance that the Nifty might find difficult to cross; It might hold
on for some more time; We expect the Nifty to cross 8370 later today;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

05May(12:30) Mkt choppy around line; No Suggest gave profit;
HDIL went into Loss; None look good for LONG now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12.30pm

Suggest Action - for LONG Comments
ADANIPORTS Flat, but recovering; Watch after 348
BANKINDIA Going down; Avoid, for now
FORTIS Choppy & Uncertain; Avoid, for now
ARVIND Took a fall; Avoid, for now
HDIL Hit StopLoss at 123 Went into Loss;
But can give a chance later to make up
ONGC Out at 340 There can be another chance later today

As we had feared, HDIL could have taken you to losses if you had gone LONG with it;
Although very few of our members, if any at all, had taken position with HDIL today,
but we still have to report this; However, there is still chance that HDIL can make up
the losses today, if the general market improves; ONGC and ADANIPORTS also have
chances for profits if the Nifty starts to go up; Look at all angles before you decide
what to do; Do not take unnecessary risks; Any wrong move can take you to
further losses; Stay Away if you are in doubt.

The Nifty has remained in the 8320-8350 zone, trading quietly around the line, since
our last Update; The slight positive bias we saw last time, has vanished; In fact, the
level has come down a bit; Nifty is at 8330 now, marginally in the red; As we said
earlier, 8350 will be difficult to cross without external trigger; Europe is expected
to open in the red and experts are saying we will see more correction; But we still
expect the Nifty to go to 8370 today; Keep constant vigil and take all precautions
before you decide on what to do; Stay Away if you are not certain.

 


 

SMS-4

05May(2:30) Mkt in red; Flat & Choppy; No Suggest
gave profit; None look good for LONG in last hour;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Going down; Avoid
BANKINDIA Choppy & uncertain; Avoid
FORTIS Choppy & Low Volume; Watch after 174
ARVIND Choppy & uncertain; Avoid
HDIL Going down now; Avoid
ONGC There can be another chance after 340

Nothing is happening with our Suggests at this time; HDIL is unlikely to give a chance
to make up the losses in the last hour; But you never know; FORTIS and ONGC also
can give small chances; Like we said before, look at all angles before you decide
what to do; Do not take unnecessary risks in last hour; Any wrong move can
take you to further losses; It is best to Stay Away now.

The Nifty has taken a fall to 8280 after our last Update; From around the line at 8330,
it broke below the 8300-mark and is back at the previous Resistance zone; The Nifty
is at 8310 now, in the red; Asia is closing mixed, Europe is mostly in green and the
Rupee is at 63.4150; We do not see a big move downwards from here; But the earlier
expectation of the Nifty moving to 8370 before closing today also looks remote now;
But some short covering can still come and we should get a positive closing
above 8330 today; Do not take any unnecessary risks in last hour;
Today, we will close flat/green.

 


 

Please also see our Today's Performance or Details page