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Alerts / Updates

for Wednesday, 21-May-2014


 

SUGGESTS:

 

IDFC

 

SINTEX

 

SSLT

 

ALSO SEE:

BHEL

RCOM

ZEEL

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, 21-May-2014

SMS Pre-Market

Suggests: IDFC SINTEX SSLT;
Also See: BHEL RCOM ZEEL;
Valid for date: 21-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7300, 7320, 7350, 7420, 7450;
NIFTY Support levels are: 7250, 7220, 7200, 7170, 7140;

 

Pre-Market Alert: 9:15am

A flat opening and cautious trading is expected for our markets today following
mixed cues from other Asian markets and expected profit booking in all domestic
areas; Yesterday, the Nifty ended a choppy day on a flat note after a good fight
between the Bulls and the Bears; Both Sensex and Nifty frittered away most of
their early gains and inched up to log fresh closing highs for the 4th straight
day amid profit taking; Overnight, US stocks ended lower led by losses in the
retail sector after disappointing results from key companies; Later today, the
US Federal Reserve will release the minutes of its latest policy meeting; But
market participants do not expect any fresh clues to emerge on the timing
of a future hike to interest rates; Asian shares started off on a weak note
today, moving in-line with Wall Street's gloom in early trading; At home,
we expect the market to consolidate some more in the broad 7240-7300
range; Some more profit booking will come as we got a very quick ride
up to these high levels; Volatility will remain high as the fight between
the Bulls and the Bears will continue; There will also be speculation on
who-gets-what ministry in New Delhi; As before, choose your 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, small profits and Exit; Repeat, if possible;
INR-US$ is at 58.7280; WTI Crude is at $102.44

 


 

SMS-1

21May(10:00) Flat openng; Going down choppily;
See SINTEX>84.30 ZEEL>295;
Watch SSLT>242 RCOM>141.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Nifty opened flat today around 7275; Got choppy and touched a high
of 7285 and a low of 7245 immediately after opening today; Going flat
and choppy now in the 7245-7565 zone; The Nifty is in the red; Trying
to make up and get back up to the line; For our Suggests,
See these, if upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
SINTEX 84.30 82.50 85.50 87 710
ZEEL 295 290 298 303 200

Also watch SSLT>242 and RCOM>141.50 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

21May(11:00) Mkt -ve & flat; SSLT gave profit;
Hold SSLT>245 ZEEL>295 if in;
Watch IDFC>134.50 SINTEX>82 BHEL>278
if mkt turns up now; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IDFC See > 134.50 This is showing signs on the upside
Can give profits from present low
SINTEX See > 82 This is showing signs on the upside
Can give profits from present low
SSLT In at 242; Out at 245
Hold>245; SL=242
This can give more profits from here
This should become the star of today
BHEL See > 278 This is showing signs on the upside
Can give profits from present low
RCOM Not much scope seen in this, although
this is also showing sings of upsurge
ZEEL Hold>295; SL-291 This can become a problem if you have taken
entry at 291; Look to go Marginal with this.

Among our Suggests, only SSLT could give some profits in LONG following the levels
we gave in our last Update; SSLT can give good profits today; For ZEEL, you should
not have taken entry as the level given was touched for one nano-second and then
the price fell; However, if your system has been triggered automatically, do not
wait for StopLoss to be hit; Limit your losses and try to go Marginal with ZEEL;

The Nifty had got stopped at 7250-7240 which is a good Support level; Nifty is in
the red, at 7270 now, trying to go up further on to the line; World markets are
in the red; The Rupee is still down at 58.7450; We expect range-bound, choppy
trading to continue for the Nifty in the 7240-7300 range; But some more profit-
booking downside can come anytime; Be careful of entering in LONG now.

 


 

SMS-3

21May(12:30) Mkt in red; Going down; SSLT added profit;
ZEEL was Marginal; No Suggest looks good for LONG now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IDFC Has gone down after last Update
Can give profits later if mkt turns up
SINTEX Not much prospects seen with this today
But you never know with SINTEX
SSLT Out at 250.50 Has gone down after that level
Can still give a 2nd round of profits
BHEL Not much prospects seen with this today
RCOM Not much prospects seen with this today
ZEEL Should have been out
at 294
This has been Marginal
Not much prospects seen with this anymore

Only SSLT has added profits in LONG following the levels after our last Update;
Market is very choppy and going down; Time to be careful...

The Nifty has gone down to the Support of 7240 after our last Update; The profit-
booking momentum is very strong at this time, and some more downside can come;
This was expected, and we said so in our Updates today; World markets are not
supportive as Asia is in red and Europe also is expected to open in the red; The
Rupee is getting weaker and is approaching 59-level; It is at 58.8300 now; For
our market now, we feel the market will level out after some time as the Nifty is
not expected to fall very much further; There is Support at 7220 and 7200;
We might very well see some upside before closing today.

 


 

SMS-4

21May(2:30) Mkt in red; +ve bias; No Suggest gave profit;
All Suggests good for LONG from present lows if upsurge
comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IDFC There is chance > 134 You can get some chance with this
if market upsurge strengthens
SINTEX Stuck at 80 You can get some chance with this
if market upsurge strengthens
SSLT There is chance > 248.50 You can get some chance with this
if market upsurge strengthens
BHEL There is chance > 274 You can get some chance with this
if market upsurge strengthens
RCOM There is chance > 140 You can get some chance with this
if market upsurge strengthens
ZEEL There is chance > 294 You can get some chance with this
if market upsurge strengthens

None of our Suggests could give any further profits in LONG following the levels we
had given in our last Update; All of our Suggests can give sharp and sudden profits
in LONG from present lows if current upsurge strengthens.

The Nifty has bounced back from the Support level of 7220-7200 and has come up to
7260 after our last Update; 50-points have been made up already, there is more to
come; Asian markets are closing mostly red, but Europe is turning green; The Rupee
is gaining some strength at 58.7200 now; These are helping our markets; Plus there
are plenty of positive bytes coming from the incumbent govt at New Delhi; For our
market, we believe that we will get some more positive upside, but it will be
difficult to go into the green; We should be closing around, or just below
the line today; As in the previous days, any positive closing will create
another life-time closing high; But be very careful if you
want to get in for LONG in this market at this time;
Today we will close red/flat.

 


 

Please also see our Today's Performance or Details page