IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 22-May-2014














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 Thursday, 22-May-2014

SMS Pre-Market

Valid for date: 22-May-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7280, 7300, 7320, 7350, 7420;
NIFTY Support levels are: 7220, 7200, 7170, 7140, 7100;


Pre-Market Alert: 9:15am

A gap-up opening but cautious trading is expected for our markets today following
positive cues from Asian and US markets; Yesterday, the Nifty ended a choppy day
on the negative after 9 consecutive green days, on sustained profit booking and
weak global trends; But overnight, US stocks ended higher after minutes of the US
Fed's last meeting indicated that it would not hike policy rates soon; Asian shares
are trading firm today morning tracking overnight gains on Wall Street; At home,
the Nifty has formed a hammer near the 40-hour moving average which indicates
that the index will remain sideways for a few more day; Coupled with the fact that
we have moved up very fast and that FII investment has become negative in the
last two days, we feel that some more consolidation is likely to happen now; As
before, we expect the market to remain in the broad 7240-7300 range, but a
slight positive bias may be introduces by positive global cues; Volatility will
remain high as there will be speculation on who-gets-what ministry in New
Delhi; Choose your stocks wisely, 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 58.6400; WTI Crude is at $104.07




22May(10:00) Gap-up openng; Choppy;
See ADANIPOWER>64.70 SSLT>256;
Watch DLF>201.50 APOLLOTYRE>188.50;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Nifty opened gap-up today around 7290; Got choppy and touched a
low of 7260 immediately after opening; The Nifty is in the green;
Trying to make up and get back towards 7300; Around 7280
now; See these, if upturn comes with volumes:

Name See
to buy
ADANIPOWER 64.70 63.50 66 67 920
SSLT 256 252 258 260 230

Also watch DLF>201.50 and APOLLOTYRE>188.50 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




22May(11:00) Mkt +ve; Going up; DLF SSLT gave profit; Hold
DLF>203 SSLT>261 if upsurge holds; Watch ADANIPOWER>64.70;
APOLLOTYRE stuck at 187; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPOWER See > 64.70 Old level still valid; This is
showing signs on the upside
DLF In at 201.50; Out at 203
Hold>203; SL-200
Upside bias is strong
Can give more profits
SSLT In at 256; Out at 260
Hold>261; SL-256
This has taken a pause at 260
Can give more profits from there
APOLLOTYRE Stuck at 187 This can give profits if it crosses
188.50 with conviction
DABUR Not much scope seen in this, although
this is also showing sings of upsurge
PETRONET Not much scope seen here at this time

Among our Suggests, DLF SSLT have alreagy given good profits and can give even
more in LONG following the levels we gave in our last Update; ADANIPOWER
APOLLOTYRE also look good, together with DABUR.

The Nifty is doing very well and has already touched 7300; Upside momentum is
quite strong; World markets are still very supportive and the Rupee is also well
off at 58.6080 now; But we expect the Nifty to pause at 7300 and consolidate
a little here; Profit-booking downside can come anytime; Be careful ...




22May(12:30) Mkt in green; Going up; 3 Suggests gave profit;
Await Europe openng; See Site for levels -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPOWER In at 64.70; Out at 65
Hold>65; SL-64
Progress is very slow
But this can give good profits
DLF Out at 211
Hold>211; SL-208
This has taken a pause at 211
There is chance of more profits later
SSLT Stuck at 258 Not much has happened to this after
our last Update; Can go down
APOLLOTYRE In at 188.50; Out at 190.50
Hold>191; SL-188
This has good potential of
giving further profits in LONG
DABUR Not much prospects seen with this today
PETRONET This is going down
Not much prospects seen with this

DABUR PETRONET have disappointed today; All other Suggests have been able
to give good profits so far today; Time to be careful, and not lose your gains.

The Nifty has been able to hold 7300-level and has done very well to remain in
the 7300-7320 range since the last Update; As we said last time, we expect the
Nifty to consolidate further, and now remain in this range; Asian markets are
closing in the green; Europe should also open in the green; The Rupee is on
the rise at 58.4500 now; For our market, 7320 is a Resistance for the Nifty
which might not be easy to cross; Even then, we might see some more
upside before closing today; But beware of profit-booking downsides.




22May(2:30) Mkt in green; Choppy; 3 Suggests gave profit;
Hold DLF>218; Watch SSLT>261; No other looks good for
LONG now; Careful in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPOWER This is going down
No further prospects in this today
DLF Out at 217.50
Hold>218; SL-214
There is still more chance with
this in the last hour; Careful...
SSLT In at 259; Out at 260.50 This was an off chance that came
unexpected; Can give more above 261
APOLLOTYRE Out at 193.50 Not much happening with this after
that; No further prospects here
DABUR This has been a disaster today
PETRONET This has also disappointed today

Four of our Suggests have given good profits today in LONG following the levels we
had given in our Updates; If you have already made your required profits for the
day it is best that you retire at this time, and do not put your profits at risk.

The Nifty has gone down steadily after our last Update, from a high of 7320 to
below 7300 and touch a low of 7270; Trading has been choppy but the negative
bias is still present; Asian markets are closing in the green, but Europe is slowly turning mixed; The Rupee is still in the mid-58 area, at 58.4680 now; For our
market, invitations to Pakistan and Sri Lanka to attend the swearing-in of the
new PM seems to have back fired; There is more downside expected, and even
a green closing is now in doubt; 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 green/flat.



Please also see our Today's Performance or Details page