IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 12-Oct-2015


 

SUGGESTS:

 

GRANULES

 

TATAMOTORS

 

TATASTEEL

 

ALSO SEE:

ICICIBANK

IRB

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 Monday, 12-Oct-2015

SMS Pre-Market

Suggests: GRANULES TATAMOTORS TATASTEEL;
Also See: ICICIBANK IRB ONGC;
Valid for: 12-Oct-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8230, 8280, 8320, 8350, 8380;
NIFTY Support levels are: 8140, 8100, 8050, 8020, 8000;

 


 

SMS-1

12Oct(10:00) Gap-up openng; Choppy;
See TATAMOTORS>362 TATASTEEL>258;
Watch ICICIBANK>289 ONGC>268;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 30-point gap-up opening for the Nifty today around 8220 following positive trend
seen in other Asian markets; But a sharp downside has been seen immediately after
the opening that has taken the Nifty to below 8200 into the red zone and down till
about 8170; The Nifty is at 8200-level now, fluctuating within the 8170-8210 zone;
The sharp fall is associated with the resignation of the CFO of Infosys immediately
after announcement of its Q2 results today morning and the lowering of its full-year
dollar revenue guidance; But the figures of the IT major is better-than-expected and
we expect a recovery later today; TCS will follow with Q2 results on Tuesday with
Hindustan Unilever and ZEEL set to declare their results on Wednesday; RIL will
announce its result on Friday; Among other key events, IIP data for August and
consumer inflation numbers for September will come out after market hours today;
Wholesale inflation numbers for September will be declared during market hours
on Wednesday; For the Nifty today, range-bound trading is expected at this hour
with a slight positive bias; We had a big gap down from levels of around 8225, so
getting past 8220-8230 level on the Nifty might be difficult today; Once we get
above 8230, upside to 8380 levels will be possible; First Resistance is still in
the 8230-8250 region and first Support can be found at 8160-8150;
Do not take any hasty decisions; Do not take any big risks; Any
wrong move can take you to losses; See these if market
upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAMOTORS 362 358 365 367 160
TATASTEEL 258 254 260 265 230

Also watch ICICIBANK>289 and ONGC>268 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

12Oct(11:00) Mkt +ve & choppy; 2 Suggests gave slight
profit; Hold TATAMOTORS>365 if in; See TATASTEEL>258
ICICIBANK>290 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
GRANULES Going down; Choppy; But watch after 160.50
TATAMOTORS In at 362, Out at 364.70
Hold>365, SL-360
This has levelled out now, so be careful..
TATASTEEL See above 258 This has also levelled out at 257;
But showing slight positive trend
ICICIBANK In at 289, Out at 290
See again after 290
Showing slight positive trend
IRB Scrappy & low volume; Avoid, for now
ONGC Going down; Avoid, for now

Small profits have come from 2 Suggests and a few of them show promise at this
time; But the general market is weak and range-bound; You have to be very careful
in LONG now; Be very careful of false starts; Look at all angles carefully before
you put in money; Do not take any unnecessary risks that can take you to
losses; Stay Away, if you cannot decide what to do.

No positive bias has been seen for the Nifty and it has continued in a range-bound
fashion after our last Update; The index is at 8195 now, marginally in the green,
and struggling to hold on to 8200-level; The range has been 8190-8220; A slight
negative trend might come in, but we do not see any big movement; The Nifty
should remain in range bound trading around 8200 unless we get some trigger;
Do not take any undue risks; Protect your profits, if any; Any wrong move on
your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

12Oct(12:30) Mkt choppy around line; 2 Suggests
gave profit; Hold TATAMOTORS>366.50 TATASTEEL>260;
See ICICIBANK>290 if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
GRANULES Stuck at 158.50; Can flare up suddenly
TATAMOTORS Out at 366.50
Hold>366.50, SL-360
This can give more, but be careful..
TATASTEEL In at 258, Out at 260
Hold>260, SL-256
Going down now after sudden upsurge;
Be very careful now..
ICICIBANK See again after 290 Flat and choppy around 289 now
IRB Scrappy & low volume; Avoid, for now
ONGC Flat and choppy; Avoid, for now

Some more profits have come from our Suggests and we are still hopeful with a few
of them at this time; The general market is still weak and range-bound; Do not lower
your guard; Be very careful of false starts; Look at all angles carefully before
you put in money; Do not take any unnecessary risks that can take you to
losses; Stay Away, if you cannot decide what to do.

The Nifty has remained quiet and range-bound after our last Update; Only the range
has changed to 8170-8190; More importantly, the level of 8200 has been lost; For the
time being at least; While we feel that the Support at 8160 will hold for now, and we
should get some upside later in the day, some trigger will be required for that to
happen; Asia and Europe are trading almost all in the green; The Rupee is good
at 64.7599; In domestic news, Infosys position is good and 1st phase of elections
in Bihar have started smoothly, without any incident; Recovery of 8200 will be on
the cards; Be careful about what you do now; Consider all angles before you
take a decision; Protect your profits, if any; Do not take any undue
risks; There should not be any losses today.

 


 

SMS-4

12Oct(2:30) Mkt in red; -ve bias; TATAMOTORS TATASTEEL
ICICIBANK added 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
GRANULES Going down; Avoid
TATAMOTORS Out at 367 Going down; Avoid
TATASTEEL Out at 261.70 Going down now; Avoid
ICICIBANK Out at 291.50 Took a fall; Recovering now; But best
to avoid this any further today
IRB Scrappy & going down; Avoid
ONGC Going down; Avoid

Some more profits have come from our 3 Suggests today, and we have given up for
the day; The general market is on the way down; There is no point in staying in
this market any more; It is time to quit, specially if you have made your profits
for the day; Don't take any chances; Don't take any further risks that can take
away your profits and push you towards losses; Best to Stay Away now;

This time we have been proved totally wrong; Instead of recovering 8200-level,
the Nifty started to fall as profit booking was triggered as 8200 was approached
after our last Update; The Nifty has breached the 8150-level and touched a low of
almost 8140; At 8155 now, in red; Technically, the Support at 8160 is still holding;
Globally, Asia is still all green, but Europe is slowly turning red; The Rupee has also
gone down a bit and is at 64.8250 now; In the domestic front, bad news is expected
in Q2 results as the expected total revenue fall of 8.2% would be the worst since at
least the April-June quarter of 2011, according to data tracking 126 firms; We do not
think the Support at 8160 will hold much longer and a closing below 8150 is possible
today; Don't take any undue risks now; Protect your profits; Today, we will close red.

 


 

Please also see our Today's Performance or Details page