IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 19-May-2014


 

SUGGESTS:

 

IBREALEST

 

SINTEX

 

SSLT

 

ALSO SEE:

ADANIENT

KTKBANK

TATAPOWER

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, 19-May-2014

SMS Pre-Market

Suggests: IBREALEST SINTEX SSLT;
Also See: ADANIENT KTKBANK TATAPOWER;
Valid for: 19-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7250, 7270, 7300, 7350, 7420;
NIFTY Support levels are: 7170, 7140, 7100, 7080, 7050;

 

Pre-Market Alert: 9:15am

Another gap-up opening is expected for our markets today after last Friday's
euphoria of a clean sweep by the BJP-led NDA in the Lok Sabha Polls; The much
awaited poll-result day witnessed index flaring up to fresh life-time high of
7563.50, but pared gains and ended at a new closing high of 7203 on profit
booking at the National Stock Exchange on Friday; US stocks ended higher
on Friday amid volatile trading with telecom and retailers leading the gains;
Asian stocks are trading mixed today morning while the euro remained under
pressure on expectation of stimulus by ECB following soft euro zone growth
data; At home, the Indian Rupee gained sharply against the US dollar on
hopes of further inflows from foreign institutional investors; But we expect
the Nifty to take a pause as most players will now re-assess the situation
as the main event is now over; Volatility is expected to be high as there
are plenty of triggers coming in the form of who gets what ministry and
other news from New Delhi; Profit-taking will be high as investors will
take new decisions on future action; Nifty-7200 will be severely tested;
But we expect the Nifty to remain in the broad area of 7200-7300 in
the near term; As before, pick up particular 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 58.5100; WTI Crude is at $102.02

 


 

SMS-1

19May(10:00) Gap-up openng; Flat now;
Hold SINTEX>78.50;
See IBREALEST>82.30 TATAPOWER>96.70;
Watch SSLT>225 ADANIENT>552;
All for LONG; Details at site -INTDAY

 

Update-1: 10:30am

Nifty opened with a 70-point gap-up at about 7275 today; It has come down
after opening to 7250-level and has remaine flat around the 7250-level; A
slight negative trend might be developing now; For our Suggests, SINTEX
could have already given you some profits in LONG following our PricePoints;
SINTEX should have been in at 74 and out at 78; If in, Hold SINTEX>78.50
with a StopLoss at 76; Otherwise, See these, if upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
IBREALEST 82.30 80.50 83.50 85 720
TATAPOWER 96.70 95 97.50 99 620

Also watch SSLT>225 and ADANIENT>552 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 flat; 3 Suggests gave profit; Hold
IBREALEST>84 if in; Watch SINTEX>78.25 SSLT>230.50
KTKBANK>140; ADANIENT TATAPOWER stuck; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IBREALEST In at 82.30; Out at 83.80
Hold>84; SL-82
This can give more profits if Nifty turns up
SINTEX See > 78.25 No further profits in this
This can give more profits if Nifty turns up
SSLT In at 225; Out at 230
See > 230.50
This can give more profits if Nifty turns up
ADANIENT Stuck at 542 At this time, not much scope seen in this
KTKBANK See > 140 At this time, not much scope seen in this
Watch, only if Nifty turns up
TATAPOWER In at 96.70; Out at 97.70
Stuck at 96
This can jump up sharply if Nifty turns up

3 of our Suggests could give some profits in LONG following our last Updates;
So far today, 4 of our Suggests have given profits - if this is enough for
you, consider taking a break; And go away; However, All Suggests are
capable of giving more profits in LONG if the market turns up;

The slight negative bias we saw in the Nifty in our last Update, has remained, and
taken the Nifty down to the line at 7200 and briefly below into the red zone; Has
recovered now and gone back above the line; The Nifty is at 7210 now; Support
at 7200 is in action; There is Resistance at 7250; Some more profit booking is still
possible as post-poll market adjustments continues; But we expect the Nifty to
settle down around 7250; Be careful of entering in
LONG is such uncertain market.

 


 

SMS-3

19May(12:30) Mkt in green; Going OK; SINTEX gave profit;
Hold IBREALEST>84; Watch SINTEX>78.50 SSLT>230.50
KTKBANK>140.50; Others still stuck; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IBREALEST Hold>84; SL-82 No progress after last Update
but still has prospects
SINTEX In at 78.25; Out at 78.75
See > 78.50
Has added profits to initial gains
still has prospects
SSLT See > 230.50 No progress after last Update
but still has prospects
ADANIENT Stuck at 540 This is still stuck
Can still give profits late in the day
KTKBANK Watch > 140.50 Has not been able to perform today
but still has prospects
TATAPOWER Stuck at 96.50 This is still stuck
Can still give more profits late in the day

SINTEX has been able to add some profits in LONG following the levels
given in our last Update; So far today, all except ADANIENT and KTKBANK
have given profits in LONG; Market is climbing up slowly, but even then,
if you have made your profits today, better to Stay Away now.

The Nifty has come up from below the line at 7200 to cross the 7250-mark
exactly as we had expected in our last Update; Nifty is in the green now at
7260 and is showing slow, but distinct positive bias; World markets are mixed;
The Rupee is doing well and is at 58.4500; For our market now, we feel the
upside will continue for some more time but we do not see the Nifty going
above 7300 just now; In fact, some more profit booking is likely to
come; Time to be very careful in LONG ...

 


 

SMS-4

19May(2:30) Mkt in green; Choppy; 4 Suggests gave profit;
SINTEX ADANIENT TATAPOWER good for more in LONG
if upsurge comes again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IBREALEST Out at 84.70 Not much scope in this anymore
unless market turns up sharply
SINTEX Out at 80 This has been our STAR performer since
yesterday; Can still give some more
SSLT No further prospects seen here
unless market turns up sharply
ADANIENT In at 542; Out at 547 These profits were not easy to get
but something more can still come from here
KTKBANK Old levels still look valid for this
Be very careful ...
TATAPOWER In at 97; Out at 98.25 This is playing a 2nd innings
Can still give some more

Only KTKBANK has not given any profits in LONG today, among our Suggests, following
the levels we had given today; Even KTKBANK can finally give something now; That will
make 6 in 6 today; We'll again tell you the same thing: If you have made good profits
today at that time, you should avoid trading any further - do not risk the profits made.

The Nifty has remained in the 7240-7290 area since about 12 noon today and the
positive bias is no longer seen; The Nifty has done well to hold opening gains made
today and has climbed back from 7200-level fighting back a profit booking fall; Any
positive closing will create another life-time closing high; World markets are mostly
in the red; The Rupee is holding in the mid-58 level and is at 58.4930 now; At this
time, we fear some more profit booking to come in, but Nifty should settle down
around 7250 for the day, we feel; Today we will close green.

 


 

Please also see our Today's Performance or Details page