IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 08-May-2015


 

SUGGESTS:

 

AMBUJACEM

 

IDEA

 

JETAIRWAYS

 

ALSO SEE:

HEXAWARE

ITC

VOLTAS

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 Friday, 08-May-2015

SMS Pre-Market

Suggests: AMBUJACEM IDEA JETAIRWAYS;
Also See: HEXAWARE ITC VOLTAS;
Valid for date: 08-May-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8080, 8120, 8150, 8190, 8210;
NIFTY Support levels are: 8030, 8000, 7960, 7920, 7880;

 

Pre-Market Alert: 9:15am

Indian markets are expected to trade higher today tracking positive trend seen in
other Asian markets; After falling over 227 points on Wednesday, the Nifty extended
its fall yesterday for the third straight session, closing at its lowest level in near 6-1/2
months at 8057 on continued selling by foreign investors; The NSE index finished at its
lowest level since December 17, 2014 due to persistent selling by foreign institutional
investors on MAT concerns; Our markets are likely to open gap-up today as the global
bond markets begin to stabilize after a big selloff; However, investors will remain wary
ahead of the US job data due later during the day; Meanwhile, the movement of the
Rupee will be keenly watched as it hit a 20-month low as it broke past 64 to the
dollar yesterday; Technically, the next Strong Support is at 7960, which correspond
to the December 2014 lows; On the upside, it has strong Resistance at 8190-8210;
Intraday traders wanting to go LONG will need to remain careful and watch the trend
in the first hour of trade today; Do not get over-enthusiastic when the market starts
to climb; 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 64.1200; WTI Crude is at $58.94; Brent Crude is at $65.54

 


 

SMS-1

08May(10:00) Gap-up openng; +ve bias;
See AMBUJACEM>236 JETAIRWAYS>372;
Watch HEXAWARE>251 VOLTAS>275;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 70-point gap-up opening for the Nifty today around 8130; The Nifty has
been positive from the start today and has been fluctuating in the 8140-8170
region after opening today; Nifty at 8150 now, in the green; Meanwhile,
see these if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMBUJACEM 236 232 238 240 250
JETAIRWAYS 372 366 374 380 160

Also watch HEXAWARE>251 and VOLTAS>275 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

08May(11:00) Mkt +ve & flat; 2 Suggest gave profit; Hold
AMBUJACEM>236 JETAIRWAYS>375 HEXAWARE>260
VOLTAS>275 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AMBUJACEM In at 236, Out at 237
Hold>237, SL-232
Be very careful when you watch this..
IDEA Going flat and quiet; Watch after 177
JETAIRWAYS In at 372, Out at 374.50
Hold>375, SL-368
For this also, Be very careful when you hold..
HEXAWARE In at 251, Out at 260
Hold>260, SL-254
There can be more here today
ITC Going choppy & quiet; Avoid, for now
VOLTAS In at 275
Hold>275, SL-271
Careful, when you hold this..

Except for HEXAWARE, we are a little jittery about holding on to the others today;
Even for HEXAWARE, the counter is stuck at 258 and can take a turn downwards from
here; Be very careful in holding; Get out in the slightest sign of trouble; You should
have already got adequate profits with HEXAWARE and JETAIRWAYS, so give up, get
out and take home your profits; Unless the Nifty starts to climb up again and you get
good opportunities again; Do not lower your guard; Look at all angles before you
take a decision; Do not take unnecessary risks; Any wrong move can take away
your profits and take you to losses; Stay Away if you are in doubt.

The Nifty has held on to the opening gains nicely today; At 8170 now, in the green,
fluctuating in the 8150-8180 zone since opening today; Strong Resistance at 8190-
8210 is still preventing further upside movement; We expect the Nifty to hold these
levels for some more time before moving upwards again later today;
Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

08May(12:30) Mkt Green and Good; 3 Suggests added profit;
Hold AMBUJACEM>238 if in; All others look good if
upsurge holds; Await Europe openng; See Site -INTDAY

 

Update-3: 12.30pm

Suggest Action - for LONG Comments
AMBUJACEM Out at 238
Hold>238, SL-235
Continue to be careful when you hold this..
IDEA Going down; Avoid, for now
JETAIRWAYS Out at 375.50 Flat at 372 now, but can flare up
HEXAWARE There can be more here with a 2nd chance
ITC Still choppy & quiet; Can flare up
VOLTAS Out at 277 Choppy & quiet; Can flare up

Our Suggests have done a good job so far today; There is chance for some more in
several Suggests, but you have to be very careful in holding; There is every chance that
the Nifty might go up further, so we might get more chances; Do not lower your guard;
Look at all angles before you take a decision; Do not take unnecessary risks; Any wrong
move can take away your profits and take you to losses; Stay Away if you are in doubt.

The Nifty is continuing to hold opening gains and a slight positive trend is now
developing; The Nifty is at 8180, in the green, having touched a high of 8190; Strong
Resistance at 8190-8210 is still preventing further upside movement; We expect the
Nifty to move upwards later today; Keep constant vigil and take all precautions
before you decide on what to do; Stay Away if you are not certain.

 


 

SMS-4

08May(2:30) Mkt in green; +ve bias; 4 Suggests gave profit;
Hold JETAIRWAYS>378 ITC>329 VOLTAS>282 if
upsurge holds now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMBUJACEM Out at 239.80 This has started to fall; Avoid
IDEA Going down; Avoid
JETAIRWAYS Out at 378
Hold>378, SL-372
Low chances seen now; But can flare up again
HEXAWARE Very flat at 254; Best to avoid this now
ITC In at 327, Out at 329
Hold>329, SL-324
Entry has come following PricePoints;
And there can be more here in the last hour
VOLTAS Out at 282
Hold>282, SL-277
There can be more here in the last hour

Our Suggests continue to do a good job today; There is chance for some more in the
last hour, specially from ITC and VOLTAS; The general market is also doing a very good
job, creating more chances for us; But, as we've said before, do not lower your guard;
Look at all angles before you take a decision; Do not take unnecessary risks in the
last hour; Any wrong move can take away your profits and take you to losses;
Stay Away if you are in doubt.

The Nifty has been able to cross over the strong Resistance at 8190-8210 after our last
Update, with conviction; At 8220 now, about 160 points above yesterday's closing; In
this process, the psychological level of 8200 has also been crossed; Globally, most of
Asia and Europe are in the green; The Rupee has climbed down from 64; And HUL has
posted a great 17% profit in Q4 results; We expect the Nifty to move upwards some
more, and give a closing above 8200 today; Protect your profits and do not take
any unnecessary risks in last hour; Today, we will close green.

 


 

Please also see our Today's Performance or Details page