IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 07-May-2015


 

SUGGESTS:

 

HINDALCO

 

JETAIRWAYS

 

PFC

 

ALSO SEE:

CROMPGREAV

FORTIS

INDIACEM

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, 07-May-2015

SMS Pre-Market

Suggests: HINDALCO JETAIRWAYS PFC;
Also See: CROMPGREAV FORTIS INDIACEM;
Valid for: 07-May-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8150, 8190, 8210, 8240, 8260;
NIFTY Support levels are: 8080, 8040, 8010, 7960, 7920;

 

Pre-Market Alert: 9:15am

A lower opening and uncertain trading is expected to continue in our markets today
tracking weakness among Asian markets; After marginal rebound seen in previous 3
sessions, markets resumed its corrective bias and fell abruptly yesterday; Both indexes
fell nearly 3 percent to their lowest close so far this year; Globally, markets across Asia
fell today morning after Yellen warning on stock valuations and on concerns about the
sluggish US economy and overvalued equity markets, adding to anxiety about future
interest rates; The continuing rise in euro zone debt yields amid a global bond rout
kept the markets on edge with Shanghai dropping the most and extending a deep
two-day correction; At home, the Nifty may retest its crucial psychological level of
8050-8000 in trade today; Right now we are at an important Support level of 8100-
8080 with 8050-8040 next in line; How far down we will go will depend on the first
hour's trading pattern today; Intraday traders wanting to go LONG will need to stay
careful and watch the trend in the first hour today; A pattern will emerge; Chances
will always come; As always, wait for a definite chance; Consider all angles before
you buy; Take small profits and exit; Buy again if the upsurge holds; Avoid
unnecessary risks; Stay Away, if you are not sure about what to do;
INR-US$ is at 63.7600; WTI Crude is at $60.93; Brent Crude is at $67.77

 


 

SMS-1

07May(10:00) Gap-down openng; Going up;
See FORTIS>167 INDIACEM>89;
Watch JETAIRWAYS>385 PFC>270;
All for LONG if upsurge strengthens; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-down opening for the Nifty today around 8065; The Nifty has been
flat initially, went down to touch 8030, but has now developed a slow stop-and-go
positive bias; Nifty is at 8100 now, exactly on the line; Already recovered 70-points
after opening; Likely to go up further till 8150 at least; Meanwhile, FORTIS could have
already given you some profits following PricePoints; FORTIS should have been in at
165 and out at 166.50; Hold FORTIS>166 if in, with a StopLoss of 164; Otherwise,
see these if market upsurge strengthens with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
FORTIS 167 164 168 170 350
INDIACEM 89 87 90 91 670

Also watch JETAIRWAYS>385 and PFC>270 if upsurge
strengthens now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

07May(11:00) Mkt flat around line; No Suggest gave profit;
See HINDALCO>135 INDIACEM>88.25 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HINDALCO See > 135 Turning around after a fall; Watch this..
JETAIRWAYS This is also turning around; Watch after 375
PFC Going down; Avoid, for now
CROMPGREAV This might turn up; Watch after 163
FORTIS In at 165, Out at 167 Took a fall; Might turn up; Watch after 166
INDIACEM See > 88.25 Turning up; Watch this..

Considering the gloom all around, our Suggests are not placed very badly at this time;
One has already given some returns, and a few others show good promise; The general
market has taken a flat and quiet stand with the occasional up and down; Our Suggests
should do well under this stand; Our chances will come; But do not lower your guard;
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 Support at 8050-8040 has been successful in stopping the downward fall of the
Nifty; The index has returned to another Support zone of 8100-8080 now, and the
Nifty is exactly at 8080 now, marginally in red; We expect the Nifty to hold these
levels for some more time before moving upwards again; Avoid taking big risks;
Stay Away if you are not sure.

 


 

SMS-3

07May(12:30) Mkt in red; Going down; FORTIS added profit;
No Suggest looks good for LONG at this time;
Await Europe openng; See Site -INTDAY

 

Update-3: 12.30pm

Suggest Action - for LONG Comments
HINDALCO Old level still valid for this; Keep watching..
JETAIRWAYS Just touched our Trigger at 375; There was
actually no entry; Going down; Avoid, for now
PFC Going down; Avoid, for now
CROMPGREAV This might still turn up; Watch after 163
FORTIS Out at 167.80 Going choppy; Can still give more
INDIACEM Going down; Avoid, for now

The general market has taken a southward turn and all the prospects seen in our
Suggests have been negated; Some of them still show slight promise, but you have
to be very careful with what you do; There is every chance that the Nifty will turn back
up, so it will be better to wait till then; Our chances will come; But do not lower your
guard; If you think that you have a chance, look at all angles carefully 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.

We got some more downside till 8030; The Nifty is at 8040 now, in the red; This is a
good Support zone and it is expected that it will hold and reverse the trend slightly for
the Nifty; Globally, however, the whole world is in the red, with Europe expected to
open red; Experts are saying some more downside till 7940 is possible for the Nifty;
We expect the Nifty to go back to the line; Keep constant vigil and take all
precautions before you decide on what to do;
Stay Away if you are not certain.

 


 

SMS-4

07May(2:30) Mkt in red; -ve bias; No Suggest gave profit;
None looks good for LONG in last hour;
Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HINDALCO Just touched our Trigger at 135; There was
actually no entry; Going flat now; Keep watching..
JETAIRWAYS Took a fall; Recovering now; Can go up
PFC Going down; Avoid
CROMPGREAV Going down; Avoid
FORTIS Went up again to 167; Nothing after that;
Going down now; Best to Avoid
INDIACEM This also went up to 88.75; Nothing after
that; Going choppy now; Best to Avoid

Weakness in our market continues; There was a short uprise that did not last; We
are going down again; Our Suggests have not performed, as was expected, except for
a false start by HINDALCO; INDIACEM, on the other hand, could have given you some
profits if you were quick enough; It is best to give up trying and close shop now; If you
have made any profits from FORTIS today, good; If not, be happy that you have not
made any losses today; Do not take unnecessary risks in last hour; Any wrong
move can take you to losses; It is best to Stay Away now.

We got some upside, as we had predicted, but not up till the line; A high of 8080 was
attained; We have started to fall after that; Looks like 7960-7940 for the Nifty is now a
possibility; The Nifty is at 8040 now, in the red; Globally, Asia Europe and the whole
world is in the red; The Rupee has also hit a 20-month low of 64; Do not take any
unnecessary risks in last hour; Today, we will close red.

 


 

Please also see our Today's Performance or Details page