IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 26-May-2014


 

SUGGESTS:

 

ALBK

 

NTPC

 

TATAPOWER

 

ALSO SEE:

DLF

EXIDEIND

HDIL

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, 26-May-2014

SMS Pre-Market

Suggests: ALBK NTPC TATAPOWER;
Also See: DLF EXIDEIND HDIL;
Valid for date: 26-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7400, 7420, 7450, 7500, 7560;
NIFTY Support levels are: 7330, 7300, 7260, 7220, 7170;

 

Pre-Market Alert: 9:15am

A gap-up opening and positive trading is expected for our markets today also
following positive cues from Asian and US markets; Last Friday, the Nifty did
well to hold opening gains till the end and had closed on yet another life-time
high; Overnight, US stocks ended higher for the second straight session, led
by small-cap stocks, while the Nasdaq climbed on a rally in biotech shares on
the back of encouraging housing data; Asian markets are trading firm tracking
gains in US stocks on Friday while easing of tensions in Ukraine also helped
improve sentiment; At home, the oath taking event for the new Modi govt will
take place later today; This is a big event in itself, and together with good
global cues, this event is expected to give a Nifty opening above the critical
Resistance of 7400; This is also 61.80% of the recent decline from 7563 till
7130; However, the index may face some selling pressure after 7400 and
retest its crucial psychological Support level of 7350 after today's events
as the country waits for the first proclamations of the new govt; 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
chance; Take small, small profits and Exit; Repeat, if possible;
INR-US$ is at 58.5200; WTI Crude is at $104.35

 


 

SMS-1

26May(10:00) Gap-up openng; Flat & Choppy;
See ALBK>140 EXIDEIND>146;
Watch TATAPOWER>108.50 HDIL>104;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Good 70-point gap-up opening for the Nifty today around 7440; Nifty
has remained flat and choppy at this same level of 7440 since opening
today; ALBK could have already given you some profits in LONG following
PricePoints; ALBK should have been in at 137 and out at 139; If still
in, Hold ALBK>139 with StopLoss of 136; Otherwise, See these
now, if upturn returns with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ALBK 140 136 142 144 420
EXIDEIND 146 143 148 150 410

Also watch TATAPOWER>108.50 and HDIL>104 if upsurge
returns now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

26May(11:00) Mkt +ve & going up; ALBK added profit; Hold
ALBK>141 TATAPOWER>108.50 if in; Watch NTPC>166
EXIDEIND>145 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ALBK Out at 140.50
Hold>141; SL-137
This is going flat around 139 now;
Can give more profits in LONG
NTPC See > 166 Had gone down after last Update;
Can give profits from present lows
TATAPOWER Hold>108.50; SL-106.50 Not much happened after it hit trigger;
Look to go Marginal with this
DLF There was an initial surge, then nothing;
Not much expected from this now
EXIDEIND See > 145 Not much scope seen in this, although
this can give profits from present lows
HDIL Not much has happened here; Going flat
and choppy around 102 since opening

None of our Suggests could give good profits in LONG after our last Update, except
ALBK which has added slightly to the last profits if you had been holding; Wait
for triggers to be crossed confidently from present lows.

The Nifty has done very well since opening today, at around 7440, and has gone up to
around 7470 now; Positive bias is still present and upside momentum is strong; Asian
markets are mixed; The Rupee is still in the mid-58s, and is at 58.5400 now; The
Nifty is expected to gain some more but there is resistance at 7500; This is the
target for today, and should be reached by the time the swearing in is done in
New Delhi; But profit-booking downside can come
anytime; So, be careful ...

 


 

SMS-3

26May(12:30) Mkt in green; Going good; None gave profit;
Hold ALBK>141 if in; Watch NTPC>166; TATAPOWER
Marginal; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ALBK Stuck at 140
Hold>141; SL-137
No progress after our last Update
This can still give profits later today
NTPC See > 166 There is still chance of good profits here
TATAPOWER This has been choppy and uncertain
after last Update; Marginal at 108.50
DLF This has gone down steadily today;
Not much prospects seen with this
EXIDEIND Stuck at 143.50 now; But there is some
small chance with this now
HDIL Not much prospects seen with this

No Suggest has been able to do anything good today, except ALBK immediately after
opening today; But the market has been good, our Suggests are still capable of giving
profits from present lows. But, be careful ...

The Nifty has done very well and has already hit the target of 7500 set for today;
Nifty is at 7490 right now; Positive momentum is still seen present; But the Resistance
at 7500 will be difficult to cross and might trigger some profit booking fall; Asian
markets are still mixed; Europe is also expected to open mixed; The Rupee is holding
at mid-58 and is at 58.5500 now; For our market, some consolidation is now
expected; Later, we might see some more upside before closing.

 


 

Please also see our Today's Performance or Details page