IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 27-May-2014


 

SUGGESTS:

 

ALBK

 

SSLT

 

WIPRO

 

ALSO SEE:

AMBUJACEM

COALINDIA

IDBI

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, 27-May-2014

SMS Pre-Market

Suggests: ALBK SSLT WIPRO;
Also See: AMBUJACEM COALINDIA IDBI;
Valid for date: 27-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7400, 7450, 7480, 7500, 7560;
NIFTY Support levels are: 7330, 7300, 7260, 7220, 7170;

 

Pre-Market Alert: 9:15am

A flat to slight gap-down opening and restricted trading is expected for our
markets today on the back of yesterday's profit bookings and muted trend seen
in other Asian markets; Yesterday, our markets gave up the morning gains, that
came on the swearing in of the new govt, and faced severe profit booking that
was triggered when the Nifty touched 7500; Our markets closed so flat that the
Nifty ended in the red while the Sensex created yet another life-time closing
high by closing green; US financial markets are closed for the Memorial Day
holiday; Asian markets are trading in a range as holidays in major markets
around the world crimped volumes; At home, we are back again at the crucial
psychological Support level of 7350; Again, the critical Resistance of 7400
is important as this is the 61.80% Fibonacci Retracement level of the recent
decline from 7563 to 7130; This is back into play and needs to be crossed
today; We expect choppy and range-bound trading for most of the day as
there will be more profit taking; But an upward surge can be expected
towards the end; Follow select stocks; 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 58.8700; WTI Crude is at $104.35

 


 

SMS-1

27May(10:00) Flat openng; Choppy & Flat;
See ALBK>134.50 WIPRO>519;
Watch AMBUJACEM>212.50 IDBI>98.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 7370; Nifty has remained flat
and choppy in the red between 7300 and 7350 since opening today;
See these now, if market upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ALBK 134.50 131 136 138 440
WIPRO 519 511 524 530 110

Also watch AMBUJACEM>212.50 and IDBI>98.50 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

27May(11:00) Mkt -ve & choppy; No Suggest gave profit;
All good for profits in LONG from present lows if
mkt turns up; See Site for levels -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ALBK See > 131 This has fallen after our last Update;
Can give profits in LONG if mkt turns up
SSLT See > 270 Has gone down after last Update;
Can give profits from present lows
WIPRO See > 517 This has not fallen very much after our
last Update; Can give profits now
AMBUJACEM See > 210 This has fallen after our last Update;
Can give profits in LONG if mkt turns up
COALINDIA See > 397 This is turning up after bad fall;
This can give profits from present lows
IDBI See > 95.50 This has fallen after our last Update;
Can give profits in LONG if mkt turns up

None of our Suggests could give any profits in LONG since opening today; Although
there is chance of all Suggests in giving profits from present low, you should be
very careful; Wait for triggers to be crossed confidently before you decide to get in.

The Nifty has gone down a bit and is now fluctuating around the 7300-level; The
range now is between 7270-7320; Slight negative bias is still present; Asian
markets are mostly red; The Rupee has gone past 59, and is at 59.0350 now; The
Nifty is expected to remain at the Support of 7300 for some time; We expect an
upward surge later; But some more profit-booking downside can come before that.

 


 

SMS-3

27May(12:30) Mkt in red; Going Flat; SSLT COALINDIA
gave profit; Watch SSLT>276 COALINDIA>400;
ALBK AMBUJACEM IDBI stuck; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ALBK Stuck at 131 Went down to 126 after our last Update
This can give profits later today
SSLT In at 270; Out at 276
See > 276
There is still chance of more profits here
WIPRO This had the most chance of giving profits, as per the last Update; But nothing has come
AMBUJACEM Stuck at 206 This has gone got stuck here since 10:30am after going down sharply today
COALINDIA In at 397; Out at 400
See > 400
There is still chance of more profits here
IDBI Stuck at 95 Went down to 93 after our last Update
This can give profits later today

2 Suggests have been able to give small profits today, following the levels we
had given today; All Suggests are still capable of giving profits from present lows.

The Nifty has done well and has been able to hold the level of 7300 since our last
Update; Nifty is fluctuating in the 7300-7320 range, and is at 7310 right now; Asian
markets are still mixed; Europe is also expected to open mixed; The Rupee has come
back up and is at 58.8850 now; For our market, As we said before, this level should
hold for some more time, and we should see some upside later today, before closing.

 


 

SMS-4

27May(2:30) Mkt in red; Choppy; 2 Suggests gave profit;
Hold SSLT>276; Watch ALBK>133.50 AMBUJACEM>208 for
LONG if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ALBK In at 132; Out at 133.50
See > 133.50
Flat at 132 again after some rise;
There is possibility of more profits here
SSLT Hold>276; SL-272 Nothing has happened after last Update;
There is still scope in this today
WIPRO This has been a disappointment today
AMBUJACEM In at 207; Out at 208
See > 208
This is going up slowly from 204 after our
last Update; More profits possible here
COALINDIA No further chance seen here today
IDBI This has been flat and choppy since
the last Update

Except for WIPRO and IDBI, all other Suggests have managed to give some profits
today, but they were difficult to get; If you have been able to get any of them,
on such a murky day, you should consider yourself lucky.

The Nifty has done well to hold on to 7300-level in spite of sustained selling
pressure; At 7310 now; Trading slightly lower than the position of our last Update,
in the broader 7280-7330 range now; Asian and European markets are all very mixed;
The Rupee is still holding 58-levels and is at 58.9350 now; For our market, we
still expect an upside before closing today; But it may not be sufficient to
take us into the green; Be very careful if you want to get in for LONG
in this market at this time; Today we will close red.

 


 

Please also see our Today's Performance or Details page