IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 19-May-2015


 

SUGGESTS:

 

ADANIENT

 

AMBUJACEM

 

APOLLOTYRE

 

ALSO SEE:

IDEA

SBIN

TITAN

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, 19-May-2015

SMS Pre-Market

Suggests: ADANIENT AMBUJACEM APOLLOTYRE;
Also See: IDEA SBIN TITAN;
Valid for date: 19-May-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8420, 8460, 8500, 8560, 8600;
NIFTY Support levels are: 8350, 8320, 8280, 8240, 8180;

 

Pre-Market Alert: 9:15am

Indian markets are expected to open flat-to-negative today tracking mixed trend seen
in other Asian markets; The Nifty had soared by 111 points or +1.35% to settle above
the crucial 8350 mark at 8373 in the previous session on anticipation that the RBI may
slash the key policy rate in the upcoming monetary policy review on June 2, 2015 and
the possibility of a normal monsoon; As per the private weather forecasting agency
Skymet, the southwest monsoon has arrived over the Andaman and Nicobar Islands
on Saturday, almost four days before its scheduled arrival date of May 20, and might
hit the Kerala coast in the next 8-10 days; In the US, Wall Street had closed mostly
higher overnight, but Asian markets are trading mixed today morning; At home, the
Nifty is expected to retest the crucial psychological level of 8350 in early trade today;
There is more Support at 8320; The main task for the Nifty today will be to hold the
8300-level; On the higher side, 8420 is the target; Intraday traders wanting to go
LONG will need to wait till the market gives a proper direction today before taking
any decision; As always, wait for a definite chance; Consider all angles before
you buy; Take small profits & exit; Buy again if the upsurge holds; Avoid
unnecessary risks; Stay Away, if you are not sure;
INR-US$ is at 63.7500; WTI Crude is at $59.43; Brent Crude is at $66.27

 


 

SMS-1

19May(10:00) Gap-down openng; Going Flat;
See ADANIENT>783 IDEA>178;
Watch APOLLOTYRE>188 TITAN>378;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A slight gap-down opening for the Nifty today around 8350; The Nifty has been
flat and quiet in the 8340-8360 region after opening today; At 8350 now, in
the red; We expect the Nifty to stay at this zone for some time, but there
can be some small downside; Meanwhile, see these if market upsurge
comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIENT 783 775 788 799 75
IDEA 178 175 179 182 330

Also watch APOLLOTYRE>188 and TITAN>378 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

19May(11:00) Mkt has +ve bias; 2 Suggests gave profit;
Hold IDEA>179.50 TITAN>380 if in; See AMBUJACEM>243
APOLLOTYRE>188 if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIENT Flat & Uncertain; Avoid, for now
AMBUJACEM See > 243 Has a bumpy upside bias; Might give chances
APOLLOTYRE See > 188 Flat & Uncertain; But can give chances
IDEA In at 178, Out at 179.50
Hold>179.50, SL-177
Stuck at 179 now; Be careful..
SBIN Choppy & Uncertain; Avoid, for now
TITAN In at 378, Out at 380
Hold>380, SL-374
Might give more chances, but be careful..

Two of our Suggests have given small profits following the levels we gave in the last
Update, but the going will be difficult from here onwards; The general market has also
levelled out; Be very careful if you are holding; If you want to enter fresh, wait patiently
till you get a good opportunity; 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 had developed a slight positive bias after our last Update, instead of going
down as we had feared; But the upside was not strong and did not last; The Nifty went
up from a low of 8335 to almost 8370 before flattening out; At 8360 now, in the red;
We do not see any great movement by the Nifty till our next Update, unless we get
some trigger; But some upside later today to take the Nifty into the green is very
much expected; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

19May(12:30) Mkt in green; +ve bias; TITAN added profit;
Hold IDEA>179.50 TITAN>381; No other looks good at
this time; Await Europe openng; See Site -INTDAY

 

Update-3: 12.30pm

Suggest Action - for LONG Comments
ADANIENT Flat & Uncertain; Avoid, for now
AMBUJACEM Choppy & Uncertain; Avoid, for now
APOLLOTYRE Going down; Avoid, for now
IDEA Hold>179.50, SL-177 Old levels still valid; But be careful..
SBIN Choppy & Uncertain; Avoid, for now
TITAN Out at 381
Hold>381, SL-378
Stuck at 380; Can give more, but be careful..

As we had correctly thought, it has been difficult for our Suggests to progress rapidly
from the position in the last Update; Even though the overall market has done very well;
The situation has not improved at all; Do not lower your guard; Be very careful if you
are holding; Get out at the slightest chance of any trouble; 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 doing very well and has exceeded our expectations; At 8400 now, in the
green; Up from a low of 8335; And there is more to come; There has been a slow but
steady upward movement as the upward momentum is not very strong; Our first target
for the day was at 8420 and that will be approached now; Next step is 8450-8460;
On the lower side, there is Support 8370; Keep constant vigil, protect your profits
and take all precautions when you proceed; Stay Away if you are not certain.

 


 

SMS-4

19May(2:30) Mkt in red; Falling rapidly; TITAN added
slight profit; No Suggest looks good for LONG in last
hour; Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIENT Falling fast; Avoid
AMBUJACEM This is also falling now; Avoid
APOLLOTYRE Going down steadily; Avoid
IDEA Has started to fall slightly; Avoid
SBIN Went up to 291, then fell sharply; Avoid
TITAN Out at 381.50 Falling now; Avoid

None of our Suggests could do anything worthwhile in the space after our last Update;
The general market has started to fall rapidly, so there is no scope of doing anything in
LONG at this time; It is quite possible that the market will turn around equally sharply,
and give us some upside, but for our Suggests it is better to Stay Away now and take
home whatever profits you have made; Even if you have drawn a blank, it is better to
go profit-less, rather than get into loss; Do not take unnecessary risks in the last
hour; Any wrong move can take away your profits and take you to losses;
It is best to Stay Away now.

The Nifty has taken a sudden and sharp fall in the last 15-20 minutes; From a high of
about 8430 to touch a low of 8335; Almost a 100-point fall; The govt's stand on FDI
on multi-brand retail and no LTC for govt employees posted in hometown seems to be
the two reasons responsible for the fall; There is good Support at 8350-8320 which
can stop this fall and create a bounce back; However, our first target for the day at
8420 was hit successfully, and the main task for today - to hold the 8300-level - is a
definite at closing; In fact, even 8350 is likely to be held at closing today; Protect your
profits and do not take any unnecessary risks in last hour; Today, we will close red/flat.

 


 

Please also see our Today's Performance or Details page