IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 14-May-2014


 

SUGGESTS:

 

ADANIENT

 

JPASSOCIAT

 

PFC

 

ALSO SEE:

AMBUJACEM

SINTEX

WIPRO

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 Wednesday, 14-May-2014

SMS Pre-Market

Suggests: ADANIENT JPASSOCIAT PFC;
Also See: AMBUJACEM SINTEX WIPRO;
Valid for date: 14-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7130, 7150, 7180, 7200;
NIFTY Support levels are: 7060, 7020, 6960, 6920, 6870;

 

Pre-Market Alert: 9:15am

A flat opening and cautious trading is expected for our markets today
morning; After the breathtaking run of the last few sessions, our market
is expected to take a profit taking pause today; Yesterday again, the bull
run continued as both our indexes rallied to fresh life-time highs with
the Nifty closing above 7100-level after exit polls predicted a comfortable
majority for the NDA to form a government; US stocks ended mixed on Tuesday
with both the Dow Jones and S&P 500 ending at record closing highs, but the
Nasdaq closed down; Asian markets are trading good on Wednesday following
overnight gains in the US markets; At home today, the market is expected
to take a pause until the final poll verdict comes out on Friday; Upward
momentum is safe until the Supports at 7020 and 6960 are intact; We
expect flat and choppy trading around 7100-level in the first half today
with some negative bias later; Stock-specific opportunities will
always be there; Choose specific stocks and follow them closely;
Do not be in a hurry to get in; Consider all angles before
you buy; Act quickly when you get a good chance; Take
small profits and Exit; Repeat, if possible;
INR-US$ is at 59.4500; WTI Crude is at $101.70

 


 

SMS-1

14May(10:00) Flat openng; Choppy & Flat;
See ADANIENT>515 SINTEX>59.70;
Watch JPASSOCIAT>64.70 AMBUJACEM>226;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

Nifty opened flat at 7110 today; Has remained flat and choppy in
7100-7140 band, in the green; ADANIENT SINTEX could have already
given you some profits in LONG following our PricePoints; ADANIENT
should have been in at 495 and out at 514; If still in, Hold>515 with
a StopLoss of 505; Otherwise, see below; SINTEX should have been
in at 58.50 and out at 59.50; If still in, Hold>59.70 with a StopLoss of
58; Otherwise, see below; See these, if upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIENT 515 505 520 525 110
SINTEX 59.70 58 60.50 61 1000

Also watch JPASSOCIAT>64.70 and AMBUJACEM>226 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

14May(11:00) Nifty flat on line; ADANIENT added profit;
Hold ADANIENT>518 if in; Watch all other Suggests if mkt
turns up now; See Site for levels -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIENT Out at 517
Hold>518 if in; SL-510
Levelling out .. Be careful
But there is still more scope
JPASSOCIAT See > 64.70 Watch this only if Nifty turns up now
PFC See > 226 Watch this only if Nifty turns up now
See > 225 Watch this only if Nifty turns up now
SINTEX See > 59.70 Watch this only if Nifty turns up now
WIPRO See > 530 Watch this only if Nifty turns up now

Only ADANIENT has added profits in LONG after our last Update; All Other
Suggests are capable of giving profits in LONG if the market turns up now;

Nifty just below the line at 7100 now, fluctuating in and out of the red zone;
Support at 7100 has been tested several times today and is still holding strong;
Resistance has come at 7140; Asian markets, except Japan, are all in the green;
The Rupee is fluctuating around 59.50-mark and is at 59.4800 now; We feel that
our market will continue with flat, range-bound trading around the line for
some more time; But be careful of some profit booking.

 


 

SMS-3

14May(12:30) Mkt in red; Choppy; No Suggest gave profit;
Watch ADANIENT>75 WIPRO>139 if mkt turns up; SINTEX(59)
is stuck; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIENT No further profits here
Flattened out - See > 512
Only if market turns up; Careful ...
JPASSOCIAT Not much potential seen in this right now
PFC Not much expected from this now
unless market turns up
AMBUJACEM Not much potential seen in this right now
SINTEX No further profits here
Flattened out - Stuck at 59
This can suddenly shoot up if market turns around
WIPRO See > 530 Only if market turns up; Careful ...

No Suggest could give any further profit in LONG following our levels given
in the last Update; Be careful if you want to go LONG with our Suggests
now as the market has become flat and choppy in the red.

The Nifty has remained in the red and fluctuated in the 7080-7110 range after
our last Update; The negative bias we had expected before market hours today,
has come but is thankfully very weak; Support at 7100 has not been technically
breached as yet; New Support has been found at 7080; Next Support is at 7060;
Asian markets, except Japan and China, are closing in green; Europe is expected
to open mixed; The Rupee has lost a bit and is at 59.6600 now; Watch out for
the slight negative bias seen; We hope Nifty-7100 is held now.

 


 

SMS-4

14May(2:30) Mkt in red; Flat & Choppy; PFC gave profit;
ADANIENT>512 PFC>227.50 AMBUJACEM>224 good for LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIENT See > 512 Only if market turns up again in last
hour; Be very careful ...
JPASSOCIAT No further prospects seen here; Gave some
chance, but was very difficult to catch
PFC In at 226; Out at 227.50
See > 227.50
Only if market turns up again in last
hour; Be very careful ...
AMBUJACEM See > 224 Only if market turns up again in last
hour; Be very careful ...
SINTEX No further prospects seen here
WIPRO No further prospects seen here

Only PFC could give some profits in LONG after our last Update, following
a level we had given earlier; This was an off-chance, you are lucky if you had
caught on to it; Another such chance was also given by JPASSOCIAT, but that
was even more difficult to catch; Totally today, 3 Suggests have given profits
in LONG following the levels we had given in our Updates. If you have made
your required profits today, you should avoid trading any further, and
ignore the levels given above.

The Nifty has remained flat and choppy around the 7100-level since our last
Update, exactly as we had hoped; The range has been 7080-7110, in the red; New
found Support of 7080 has been strong today and has stopped the Nifty from going
down several times; Asian markets, except Japan and China, are closing in the green;
But most of Europe is trading in the red; The Rupee is holding ground and is now at
59.4000; As we had said earlier, we hope the Nifty will hold position above 7100
till closing today and flat, choppy trading will continue; But we cannot rule out
some more profit booking fall; Today we will close flat/red.

 


 

Please also see our Today's Performance or Details page