IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 28-May-2014


 

SUGGESTS:

 

DENABANK

 

TATASTEEL

 

TVSMOTOR

 

ALSO SEE:

RCOM

ROLTA

SINTEX

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, 28-May-2014

SMS Pre-Market

Suggests: DENABANK TATASTEEL TVSMOTOR;
Also See: RCOM ROLTA SINTEX;
Valid for date: 28-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7330, 7370, 7420, 7450, 7500;
NIFTY Support levels are: 7300, 7260, 7220, 7170, 7140;

 

Pre-Market Alert: 9:15am

A flat to slight gap-up opening but uncertain trading is expected for our
markets today on the back of more profit booking yesterday and positive trend
in Asian markets today; Yesterday, our markets closed slightly in the red as
traders booked profits after the hectic run-up to the polls ended with the Modi
govt taking oath; US equities ended with firm gains yesterday with the S&P 500
ending at a fresh record high amid merger and acquisition activities; All Asian
markets are trading good at this time with Nikkei and Hang Seng trading with
marginal gains while Shanghai Composite and Straits Times were trading flat;
At home, investors are likely to remain cautious ahead of the expiry of May
derivative contracts on Thursday; The critical Resistance of 7400 is still in
force today; Another strong Resistance is at 7450-7460; There is good Support
at 7270 and then in the 7220-7200 region; We expect choppy and range-bound
trading for most of the day today as the tussle between the Bulls and Bears
will continue; But as before, we expect an upward surge towards the end;
Follow only 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 59.0350; WTI Crude is at $104.11

 


 

SMS-1

28May(10:00) Flat openng; Choppy now;
See TVSMOTOR>135.50 RCOM>144.50;
Watch TATASTEEL>483 SINTEX>92.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 7330; Nifty has remained flat
and choppy in the green between 7320 and 7345 since opening
today; See these now, if market upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TVSMOTOR 135.50 132 138 140 440
RCOM 144.50 141 146 148 410

Also watch TATASTEEL>483 and SINTEX>92.50 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

28May(11:00) Mkt flat & choppy; RCOM gave profit; Hold
RCOM>145.50 if in; All Suggests can give profits from
present lows if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DENABANK See > 86.70 This flat and choppy now; Can
give profits in LONG if mkt turns up
TATASTEEL See > 476 Has gone down fast after last Update;
Can give profits from present lows
TVSMOTOR See > 135 This has not fallen very much after our
last Update; Can give profits now
RCOM In at 144.50; Out at 145.50
Hold>145.50; SL-143
This has been flat after giving some profits;
Can give more in LONG if mkt turns up
ROLTA See > 110 This flat and choppy now; Can
give profits in LONG if mkt turns up
SINTEX See > 92 This has not fallen very much after our
last Update; Can give profits now

Of our Suggests, RCOM could give very small profits in LONG since our last Update;
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 remained flat and choppy and is now fluctuating around the line at the
7320-level; The range now is between 7300-7335; Asian markets are still all green;
The Rupee is above 59, and is at 59.0350 now; The Nifty is expected to remain flat
and choppy above the Support of 7300, like yesterday; Similarly, we expect an
upward surge later, which never came yesterday.

 


 

SMS-3

28May(12:30) Mkt in green; Flat & Choppy; None gave profit;
Hold RCOM>145.50 if in; Others are stuck; Await
Europe openng; See Site for levels -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DENABANK Not much prospects seen in this today
TATASTEEL Stuck at 472 Had fallen to 468 today; Stuck now; There
is still chance of more profits here
TVSMOTOR Stuck at 134 This had the best chance of giving
profits, as per position now
RCOM Hold>145.50; SL-143 This has gone got stuck after hitting our
trigger just after 10am; Then nothing
ROLTA Stuck at 108 There is not much chance of profits here
SINTEX Stuck at 91 This has also remained flat and steady;
Good chance of profits here

No Suggest could give any profits following the levels we gave in the last Update;
All Suggests are still capable of giving profits from present lows.

The Nifty continues to trade flat and quiet just above the line, in the green, and has
been able to hold the level of 7320 since our last Update; Nifty is fluctuating in the
7315-7335 range, and is at 7325 right now; Asian markets are still mostly green;
Europe is also expected to open in the green; The Rupee has come back up and
is at 58.9850 now; For our market, we feel some downside will come now,
before our predicted upside before closing today.

 


 

SMS-4

28May(2:30) Mkt in green; Flat & Choppy; 3 Suggests gave profit;
Hold RCOM>148.50; See TVSMOTOR>137 for LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DENABANK This has been a disappointment today
TATASTEEL This has gone down steadily today;
There is no scope in this today
TVSMOTOR In at 135; Out at 136.50
See > 137
This has got stuck at 136 after giving some profit; More returns possible here
RCOM Out at 148
Hold>148.50; SL-145
This is going down slowly after giving
the shown profits; Can give more
ROLTA This has gone down steadily today;
There is no scope in this today
SINTEX In at 91.50; Out at 92 This has been flat and choppy after
giving shown profits; Slim chances now

3 of our Suggests have given small returns today, except for DENSBANK TATASTEEL
and ROLTA; But profits in SINTEX was very difficult in getting; On a day when the
market has been flat and insipid, if you have got some of this profit, you've done well.

The Nifty has remained flat and choppy and quiet in the 7315-7340 range since
about 10:30 am today; Nifty around 7330 now, in the green; Asian markets are all
closing in the green; But Europe has turned fully red, although most are flat just
below the line; The Rupee is still managing to hold 58-levels and is at 58.9900
now; For our market, we do not expect anything much to happen in the last hour;
Flat and quiet trading should continue, but the expected upside before closing
today, can still come; Be very careful if you want to get in for LONG
in this market at this time; Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page