IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 14-Sept-2015


 

SUGGESTS:

 

ICICIBANK

 

POWERGRID

 

TVSMOTOR

 

ALSO SEE:

DISHTV

RCOM

ZEEL

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, 14-Sept-2015

SMS Pre-Market

Suggests: ICICIBANK POWERGRID TVSMOTOR;
Also See: DISHTV RCOM ZEEL;
Valid for date: 14-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7820, 7850, 7930, 7960, 8040;
NIFTY Support levels are: 7760, 7720, 7670, 7630, 7600;

 


 

SMS-1

14Sept(10:00) Flat openng; Choppy;
See DISHTV>106.50 ZEEL>398;
Watch ICICIBANK>267.50 POWERGRID>125.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today at around 7800; However, the Nifty has not been
able to hold this psychologically important level of 7800 after opening today and has
slipped into the red zone after opening; At 7790, trading choppily in the 7800-7760
band, around the line; All over the world, sentiment is nervous ahead of the US Fed
meeting as the US central bank may raise interest rates for the first time in almost a
decade; Most experts believe that a hike of 25bps by the US Fed has already been
discounted by the markets and we should expect a relief rally on Friday; At home,
investors will watch wholesale and retail inflation readings for August later today
that could influence the RBI's decision on interest rates later this month; Another
big source of worry would be the monsoon: with 14% rain deficit, this monsoon
may end up being among the worst 3 in 30 years, reports the Met Dept; For the
Nifty today, last Friday's good IIP numbers seems to have been forgotten; Earlier
strong Resistance at 7770-7760 may now turn to be a strong Support; There is
more Support at 7720-7690; On the upside, first Resistance at 7820 may not be
any big problem in a momentum, but getting past 7850-7870 will be difficult;
We expect quiet, range-bound trading for the most part today, which, as we
have said many, many times before, is very risky for intraday trading in LONG;
Watch every step; Do not take any undue risks; Remember, it is better to
go profit-less, rather than go into a loss; See these if market
upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHTV 106.50 104 108 110 560
ZEEL 398 392 400 403 150

Also watch ICICIBANK>267.50 and POWERGRID>125.50 if upsurge comes now;
All 6 Suggests are important to us and we will track all 6 throughout the
day today; Take position in above scrips only if you are absolutely
confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

14Sept(11:00) Mkt +ve bias; ICICIBANK gave profit;
Hold ICICIBANK>269 if in; POWERGRID Marginal;
No other looks good for LONG now; See Site -INTDAY

 

Update-2: 11:30am

Suggest Action - for LONG Comments
ICICIBANK In at 267.50, Out at 269
Hold>269, SL-266
This can give more profits today,
but be very careful..
POWERGRID In at 125.50
Marginal till now
Very choppy; Be very careful if holding;
Best to get out and re-enter after 126
TVSMOTOR This can turn around; Watch carefully..
DISHTV Going up choppily; Keep a watch..
RCOM Flat & Uncertain; Avoid, for now
ZEEL Going down; Avoid, for now

None of our Suggests, except ICICUBANK, look good for giving profits today;
Even ICICUBANK has peaked out; You should have exited POWERGRID Marginally;
Looks like we will have to be satisfied with whatever small profits have come
from ICICUBANK today, if you have managed to get any; The general market has
a slight positive bias, but our Suggests are not moving in tandem; Do not push
your luck; False starts can come and easily lead you to losses; Be very careful;
Do not take big risks that can take you to losses; Stay Away, if you
cannot decide what to do.

The Nifty has done a good job so far, and has recovered above the 7800-mark; At
7830 now, in the green, coming up from the day's low of 7760; Asian markets are
slowly turning green; Europe is expected to open in the green, and the Rupee is
holding and is at 66.3550 now; There are no domestic cues; For the Nifty, this
7820-7830 is a Resistance area and the Nifty might pause here for some time,
but we expect this level to be crossed presently; Do not take any undue
risks; Remember, any wrong move on your part can take you to losses;
Stay Away, if in doubt.

 


 

SMS-3

14Sept(12:30) Mkt in green; Flat; ICICIBANK added very
small profit; Hold ICICIBANK>269.50 if in; No other
looks good now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ICICIBANK Out at 269.50
Hold>269.50, SL-266
This has flattened out; But can go up again
POWERGRID No development after last Update;
Avoid, for now
TVSMOTOR Flat & Uncertain; Avoid, for now
DISHTV Flat & Holding; Watch after 107
RCOM There was a burst that we missed;
Upside didn't hold; Can happen again
ZEEL Scrappy & Low Volume; Avoid, for now

As was expected, none of our Suggests could do anything after our last Update;
As things stand now, we are expecting some movement in only two of our Suggests,
but even with these two, we are not very hopeful; The Nifty is flat & quiet;
Do not push your luck; Do not take big risks that can take you to losses;
Things will change if the Nifty starts to move up; Be patient;
Stay Away, if you cannot decide what to do.

The Nifty has remained flat and quiet in the 7800-7830 range since our last Update;
Actually, the Nifty has done very good to hold 7800-level till now; The Resistance at
7820-7830 has also held strong; Meanwhile deflationary trend has continued for the
10th month in a row with inflation plunging to a historic low of (-)4.95 per cent in
August on cheaper fuel and vegetables, putting pressure on RBI to cut interest rate;
The Wholesale Price Index-based inflation was (-)4.05 per cent in July; Asia is closing
mixed, but Europe has opened green; The Rupee is holding; We expect the Nifty to
climb above the Resistance at 7830 and proceed towards 7850; Be careful about
what you do now; Consider all angles before you take any decision; Do not take
any big risks; There should not be any losses today.

 


 

SMS-4

14Sept(2:30) Mkt in green; Flat; ICICIBANK added profit;
POWERGRID Marginal; See ICICIBANK>273 again for LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ICICIBANK Out at 272.50
See again above 273
This has flattened out again and going
choppy; But still, another chance can come
POWERGRID Came up to 126 and confirmed Marginal
status; Can climb some more
TVSMOTOR Flat, scrappy and low volume; Avoid
DISHTV Progress is slow; This can be risky; Avoid
RCOM No progress after last Update; Avoid
ZEEL This has diappointed today; Avoid

Full concentration now only on ICICIBANK, as the general market is poised to
move up again; You can also keep a watch on POWERGRID; At some point in time,
you will have to decide to call it quits; The sooner you do it, the better; It is best not
to take unnecessary risks and take home your profits; Do not take any rash decision
in this last hour, that can lead you to losses; It is best to Stay Away now.

The Nifty has taken a small jump from 7820 to 7840 after our last Update; However,
it has gone back to range-bound trading, this time in the 7830-7850 range, after the
short upmove; Nifty has done very well to hold 7800-level today, and then move on to
7850 now; Asian markets are closing mixed, Europe is all in green; The Rupee is good
at 66.3050, and there are no domestic bad news; We expect the Nifty to climb above
the Resistance at 7850 now and test 7870-7890; But this will be difficult to cross
with current momentum; 7850 should now hold in the last hour till closing today,
unless we get some bad trigger; Do not take any unnecessary risks now;
Protect your profits; Today, we will close in the green.

 


 

Please also see our Today's Performance or Details page