IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 30-May-2014


 

SUGGESTS:

 

BANKINDIA

 

FRL

 

INDIACEM

 

ALSO SEE:

LICHSGFIN

PFC

SSLT

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 Friday, 30-May-2014

SMS Pre-Market

Suggests: BANKINDIA FRL INDIACEM;
Also See: LICHSGFIN PFC SSLT;
Valid for date: 30-May-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7270, 7300, 7320, 7350, 7370;
NIFTY Support levels are: 7220, 7200, 7170, 7140, 7100;

 

Pre-Market Alert: 9:15am

Flat to small gap-down opening is expected for our markets today following
mixed trends seen in other Asian markets; The Nifty had taken a 100-point
intraday fall yesterday on sustained profit booking after the hectic rise in
the election run-up; Yesterday has been the Nifty's worst performance in
nearly four months; Overnight, US stocks climbed to their third record
closing high in four sessions as traders shrugged off data that showed the
economy shrank in the first quarter and bet on improvement in the second
quarter; Asian shares are trading mostly down today morning with only
China and Hongkong in the green; At home today, the markets is likely to
level out and get back to flat and range-bound trading around the 7250
mark; But experts believe we will get some more downside in the coming
sessions, and this will be healthy for the market; First Support today is
at the 7220-7200 range; Next Support is at 7170, which should be the
outside limit for today; On the upside, any bounce back from the present
lows will get the Nifty back above 7300; For the last few sessions, we
have been expecting a positive trend to develop in the last hour or so,
which might come true today; But the overall trend is flat to negative;
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 59.0100; WTI Crude is at $103.58

 


 

SMS-1

30May(10:00) Flat openng; Flat & Choppy;
See FRL>129 SSLT>280.50;
Watch INDIACEM>100.50 LICHSGFIN>322;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 7240; Nifty has been flat
and choppy in the green in the 7220-7270 range since opening
today; See these now, if market upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
FRL 129 126 131 134 460
SSLT 280.50 275 284 286 210

Also watch INDIACEM>100.50 and LICHSGFIN>322 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

30May(11:30) Mkt green; Flat & Choppy; No Suggest gave
profit; Watch BANKINDIA>328 SSLT>281 now if mkt turns
up; Careful... See Site -INTDAY

 

Update-2: 11:30am

Suggest Action - for LONG Comments
BANKINDIA See > 328 This is moving with the Nifty...
There is chance if Nifty turns up
FRL Had just touched the trigger we gave in last Update; Then nothing; Go Marginal, if in
INDIACEM Had just touched the trigger we gave in last Update; Then nothing; Go Marginal, if in
LICHSGFIN Had just touched the trigger we gave in last Update; Then nothing; Go Marginal, if in
PFC This is falling steadily after our
last Update; No chances of profits
SSLT See > 281 This has got stuck in the 278 level;
Can give profits if mkt moves up

None of our Suggests could give any profits in LONG after last Update; In fact, 3
Suggests could have given you some losses in LONG if you had entered exactly on the
trigger level we had given; Look to go Marginal with these, if possible; Be very
careful if you want to enter in LONG now; Wait for triggers to
be crossed confidently before you decide to get in.

The Nifty has become flat and choppy around 7250 exactly as we had expected; The
range is now 7250-7270 for the Nifty; Asian markets are still mostly red; The
Rupee is just holding and is at 58.9880 now; For the Nifty, the Support at
7220 is holding; Some more downside might come; So, be extra careful...

 


 

SMS-3

30May(12:30) Mkt in green; Going Flat; INDIACEM gave
profit; Hold INDIACEM>102 if in; No other looks good
now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKINDIA Not much prospects seen in this today
FRL Out at 129 This has been Marginal; Maybe slightly in
a loss; No prospects now
INDIACEM In at 100.50; Out at 102
Hold>102; SL-100
Going by earlier Update if you had taken
entry and held on; Can give more
LICHSGFIN Out at 321 This has been Marginal; Maybe slightly in
a loss; No prospects now
PFC This has gone down steadily since opening;
But there is chance if mkt goes up
SSLT This has taken a fall after remained flat for
some time; No chances of profits here

INDIACEM has given small profits in LONG following the levels we gave in the
previous Update; FRL and LICHSGFIN could have given you some losses today if
you have not exited on time; Today the market is not proper for intraday trading.

The Nifty continues to trade flat and quiet in the green, but has now come down to
the 7240-7260 zone; A slight negative bias may be developing; Support of 7220 is
still holding, as also the Resistance of 7270; Asian markets are still mostly red but
some markets have come up to the line; Europe is expected to open in the green
today; The Rupee is holding at 58.9800 now; For our market, we feel some more
downside might come now, as expected, but the Support of 7220 should hold.

 


 

SMS-4

30May(2:30) Mkt in red; Going down; -ve bias; INDIACEM
added profit; None look good for LONG at this time; Be
very careful now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKINDIA This has not given any profits today;
Going down steadily since opening
FRL This has been Marginal today at 129; Has
taken a fall, and is flat at 124 now
INDIACEM Out at 102.50 Has come down from 102.50 to 101 now;
Can go down even further
LICHSGFIN This is also Marginal at 321; Gone
down to 316 now; Going flat
PFC This has not given any profits today;
Went down to 294; Recovering now
SSLT This is also recovering after falling
to below 273; Nothing till now

Only INDIACEM has given small returns till now today; FRL LICHSGFIN were
Marginal or could have given you some losses today if you have not exited
on time; Even INDIACEM profits were very difficult to get; Overall,
today was a dissapointing day.

The Nifty has become flat and choppy and quiet around the line after our last
Update; Meanwhile, the Nifty has fallen from the day's high of 7270 to below
7220, which is a Support zone; Has gone back to the line at 7235 now; Asian
markets, except Hongkong, are closing in the red; Europe is also trading mostly
in the red; The Rupee has climbed above 59 and is at 59.0900 now; For our
market, we expect some more downside, but the expected upsurge in the last
hour may still come; A closing above 7250 is what we are looking for
today; Be very careful if you want to get in for LONG in
this market at this time; Today we will close flat.

 


 

Please also see our Today's Performance or Details page