IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 05-May-2014


 

SUGGESTS:

 

AUROPHARMA

 

POLARIS

 

TVSMOTOR

 

ALSO SEE:

CENTURYTEX

FRL

HDIL

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, 05-May-2014

SMS Pre-Market

Suggests: AUROPHARMA POLARIS TVSMOTOR;
Also See: CENTURYTEX FRL HDIL;
Valid for: 05-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 6730, 6750, 6780, 6800, 6830;
NIFTY Support levels are: 6680, 6660, 6620, 6580, 6540;

 

Pre-Market Alert: 9:15am

Flat to Slight Gap-down opening is expected for the Nifty
following muted trend in other Asian markets; Last Friday, our
markets ended flat with a small negative bias on the back of
growth concerns and profit booking; The Nifty managed to
just hold the 6700-mark; The Support of 6660 had been very
strong; On Friday, US stocks eased as concerns about more
violence in Ukraine prompted profit-taking ahead of the
weekend and offset optimism about the fastest job growth
in more than two years; Asian shares are trading in a range
with a negative bias over the crisis in Ukraine; Japan and
South Korea are closed today; At home, for past couple of
weeks Nifty was trading in a range of 6780-6820 on the
upside and 6650 on the downside; This range is likely to
continue till poll results come in on May 16; But the trend
currently is downwards; Choose specific stocks to track
and follow them closely; Do not over react; Consider
all angles before you enter; Act quickly when you
get a good chance; Take small profits and Exit;
Repeat, if possible;
INR-US$ is at 60.1650; WTI Crude is at $99.76

 


 

SMS-1

05May(10:00) Flat openng; Very Choppy;
See AUROPHARMA>611 CENTURYTEX>400;
Watch FRL>145 HDIL>71.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Nifty opened flat today, around 6690, and then went up smartly
after opening to past 6730; However, immediately after that, the
Nifty has come down to 6700-level; In the green now, going flat;
CENTURYTEX could have already given you some profits in LONG
following our PricePoints; CENTURYTEX should have been in at
400 and out at 408; See these, if upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AUROPHARMA 611 605 617 620 95
CENTURYTEX 400 390 406 410 150

Also watch FRL>145 and HDIL>71.50 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

05May(11:00) Mkt flat & choppy; POLARIS CENTURYTEX gave
profit; Hold CENTURYTEX>409 if in; Watch AUROPHARMA>611
FRL>145 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AUROPHARMA Old level still valid
See > 611
Has already gone upto 610 once;
Watchout for this if mkt turns up
POLARIS In at 193
Out at 197
Given profits following our PricePoints;
Doesn't look good anymore
TVSMOTOR Nothing much expected with this
CENTURYTEX In at 400
Out at 409
Hold>409; SL-395
This one gave profits following our Update;
Winner of the day
FRL Old level still valid
See > 145
There is still some chances with this
HDIL Nothing much expected with this

2 Suggest could give small profits in LONG till now;

Nifty has remained flat and choppy around 6710 after our last
update, but has been up and down in the 6700-6730 range since
opening today; Nifty in the green at 6710 now; Resistance at
6730 will have to be crossed for sustained upside; But some
trigger is required; Range-bound trading is likely to continue for now.

 


 

SMS-3

05May(12:45) Mkt in green; Choppy & Flat; CENTURYTEX gave
profit; Hold CENTURYTEX>411 if in; No other looks good now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:45pm

Suggest Action - for LONG Comments
AUROPHARMA Not much expected from this
Consider only if market turns around
POLARIS Not much expected from this
Consider only if market turns around
TVSMOTOR Not much expected from this
Consider only if market turns around
CENTURYTEX Out at 411
Hold>411; SL-400
Going very flat now, but there is
still scope for more profits
FRL Not much expected from this
Consider only if market turns around
HDIL Not much expected from this
Consider only if market turns around

1 Suggest could add to its profits in LONG after last Update;

The Nifty has remained flat and choppy around the 6720 mark
after our last Update; Nifty around 6720 now; Resistance at 6730
and Support at 6700 are still in force; Asian markets are still
mostly red; Europe is also expected to open red; The Rupee is
doing good at 60.0600 now; We expect flat and choppy trading
to continue unless we get some trigger; Nifty is doing good
to hold 6700-level and remain in the green.

 


 

Please also see our Today's Performance or Details page