IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 20-May-2014


 

SUGGESTS:

 

ALBK

 

BHEL

 

SINTEX

 

ALSO SEE:

CROMPGREAV

HINDALCO

RPOWER

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 Tuesday, 20-May-2014

SMS Pre-Market

Suggests: ALBK BHEL SINTEX;
Also See: CROMPGREAV HINDALCO RPOWER;
Valid for date: 20-May-2014; All for LONG;
ee site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7300, 7350, 7420, 7450, 7500;
NIFTY Support levels are: 7220, 7200, 7170, 7140, 7100;

 

Pre-Market Alert: 9:15am

Again a gap-up opening is expected for our markets today following positive
cues from other Asian markets; Yesterday, the Nifty extended its post-election
rally and closed at another all-time closing high backed by optimism about future
course of policy action and thumbs up from Moody's; Yesterday our market had
opened gap-up but got into profit booking and almost gave up all its gains;
Then it did well to pull back and end on a new high; Overnight, US stocks
ended higher supported by rally in high-growth names among Internet and
biotech shares; Asian shares are trading in a range with a positive bias
as investors continued to monitor developments in Thailand, following news
that the army has declared martial law after six months of anti-government
protests; At home, we fear that we will also get into range-bound trading
today as some more profit booking is sure to come at these high levels;
Nifty 7240-7300 is the expected range today; Volatility will remain high
as speculation on who gets what ministry continues in New Delhi; 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 58.5480; WTI Crude is at $102.61

 


 

SMS-1

20May(10:00) Gap-up openng; Going Choppy;
See BHEL>276 RPOWER>90;
Watch ALBK>120.50 SINTEX>87;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Nifty opened with a 50-point gap-up above 7300 today; It came down to the
line immediately after opening to 7260-level; Recovering now, the Nifty is
back above 7300; A slight positive trend might be developing now if 7320
is crossed confidently; For our Suggests, RPOWER could have already given
you some profits in LONG following our PricePoints; RPOWER should have
been in at 88 and out at 89.50; If in, Hold RPOWER>90 with a StopLoss
at 88; Otherwise, See these, if upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHEL 276 270 279 283 210
RPOWER 90 88 91 92 660

Also watch ALBK>120.50 and SINTEX>87 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

20May(11:00) Mkt -ve & choppy; No Suggest gave profit; ALBK
Marginal; Watch SINTEX>85 HINDALCO>157 RPOWER>88.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ALBK In at 120.50
No prospects
This should have been Marginal at 120.50
BHEL No prospects seen in this now
This can give profits if Nifty turns up
SINTEX See > 85 This can give profits from new lower
levels if Nifty turns up
CROMPGREAV Stuck at 193 At this time, not much scope seen in this
HINDALCO See > 157 This can give profits if Nifty turns up
RPOWER See > 88.50 This can give profits from new lower
levels if Nifty turns up

None of our Suggests could give any profits in LONG following our last Updates;
If you had taken entry with ALBK at 120.50 there was scope to go Marginal as
it went up to 121 and then down; All Suggests are capable of giving profits
in LONG from current lows if the market turns up now;

The Nifty had got stopped at 7320 after our last Update and has again fallen
down below the line to go below 7250; In the red now, fluctuating around the
line; World markets are mixed; The Rupee is down a little and is at 58.7050
now; We expect range-bound, choppy trading to continue for the Nifty in the
7240-7300 range; But some more profit-booking downside cannot be ruled
out; Be careful of entering in LONG is such fluctuating market.

 


 

SMS-3

20May(12:30) Mkt on the line; Flat & Choppy;
CROMPGREAV RPOWER gave profit; None look good for
LONG now; Await Europe openng; Careful... See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ALBK No progress after last Update
Not much prospects seen here
BHEL Not much prospects seen with this
SINTEX If in at 85
Hold>85; SL-83
Get out with minimum profits
or go Marginal with this
CROMPGREAV In at 194; Out at 195.50 No point holding on with this
anymore, unless market turns up
HINDALCO If in at 157
Hold>157; SL-154
Get out with minimum profits
or go Marginal with this
RPOWER In at 88.50; Out at 89.50 No point holding on with this
anymore, unless market turns up

CROMPGREAV RPOWER gave small profits, and SINTEX HINDALCO have touched
our levels but could not give any profits in LONG following the levels we had
given in our Updates; Market is very flat and choppy, time to be careful...

The Nifty has remained flat and choppy just above the line at 7265 exactly as
we had expected in our last Update; Nifty is in the green now at 7270; Fluctuating
between 7260-7280 since about 11am; Asian markets are still mixed, but key markets
are in green; Europe is also scheduled to open mixed; The Rupee is still weak at
58.6480; For our market now, we feel flat and quiet trading will continue for
some more time; Some more profit booking is being expected since beginning
today, but we might see some upside instead before closing today.

 


 

SMS-4

20May(2:30) Mkt on the line; Flat & Choppy; BHEL SINTEX
CROMPGREAV gave profit; ALBK SINTEX look good for
LONG if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ALBK Still Marginal at 120.50 This has started to move up
you can get some chance with this now
BHEL In at 276; Out at 286 There was a sudden, sharp chance; You
are lucky if you got some of it
SINTEX Out at 86 This one continues to deliver
Can still give some more
CROMPGREAV Out at 197.50 Here also, you are lucky if you
got some of this sudden jump
HINDALCO Still Marginal at 157 This has started to move up
you can get some chance with this now
RPOWER There is not much scope in this now
as it is not moving with the others

Many of our Suggests have given sharp and sudden profits in LONG since our last
Update; If you have been able to get some of this upsurge, consider yourself lucky;
And get away now; You should avoid trading any further; Do not risk the profits
made, unless you get a very good chance.

The Nifty has remained quiet and range-bound in the 7260-7280 zone since our last
Update, exactly as we had expected; The Nifty is doing good by staying in the green
and resisting any downward, profit-booking pull; Today also, any positive closing
will create a life-time closing high; World markets are mixed, with key markets in
Asia in the green but key markets in Europe in the red; The Rupee is still low at
58.6900 now; For our market, we believe that we will get a positive closing
today in the green and some sudden upside is likely to come in the last
half-hour; Today we will close green.

 


 

Please also see our Today's Performance or Details page