IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 04-June-2014


 

SUGGESTS:

 

CROMPGREAV

 

IBREALEST

 

TATASTEEL

 

ALSO SEE:

COALINDIA

SYNDIBANK

VOLTAS

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, 04-June-2014

SMS Pre-Market

Suggests: CROMPGREAV IBREALEST TATASTEEL;
Also See: COALINDIA SYNDIBANK VOLTAS;
Valid for 04-June-2014; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7425, 7450, 7480, 7500, 7560;
NIFTY Support levels are: 7390, 7370, 7340, 7300, 7270;

 

Pre-Market Alert: 9:15am

Flat-to-positive opening is expected for our markets today due to mixed
trends in global markets; Yesterday, the Nifty had again given another life-
time closing high as the RBI gave a boost to the economy by holding repo
rates and infusing liquidity by other measures; Overnight, US stocks went
into red despite strong economic data with the Dow and the S&P 500 both
retreating from Monday's record closing levels; Asian shares are trading
flat after slight dip registered on Wall Street overnight; At home, with
yesterday's movement the Nifty has registered a strong rebound from its
near term moving average and registered a breakout on the long term
chart; But no further upside is possible until the Nifty can break past 7450
which is strong Resistance; Choppy, uncertain trading is largely expected
today; The overall bias will remains positive today as long as the Nifty
sustains above 7340; 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 chance; Take small profits and Exit; Repeat, if possible;
INR-US$ is at 59.3900; WTI Crude is at $102.66

 


 

SMS-1

04June(10:00) Flat openng; Going Flat & Choppy;
See TATASTEEL>543 SYNDIBANK>167;
Watch CROMPGREAV>206 IBREALEST>99.20;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7420; Nifty has been flat and
choppy around the line after opening; Trading in the red at 7410 now;
A slight negative bias is seen now; SYNDIBANK could have already given
you some profits in LONG following our PricePoints; SYNDIBANK should
have been in at 164 and out at 166; See these now, if market turns up:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATASTEEL 543 536 547 552 110
SYNDIBANK 167 164 169 173 350

Also watch CROMPGREAV>206 and IBREALEST>99.20 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

04June(11:00) Mkt flat; 2 Suggests gave profit;
Hold SYNDIBANK>167 if in; Watch IBREALEST>102
now if mkt turns up; Careful... See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CROMPGREAV Nothing happening here since opening today;
Going flat and choppy; Low prospects
IBREALEST In at 99.20; Out at 101.50
See > 102
Has got stopped at 101;
Can give more profits from present position
TATASTEEL Has already been some gains at the opening
that we missed; Absolutely flat now
COALINDIA Here also, there was some upside from
392 to 395 that we missed; Nothing now
SYNDIBANK Out at 167 if in earlier;
Hold>167, SL-164
There is chances of another upturn here,
but be careful; Go Marginal if in doubt
VOLTAS There is very little chance of this giving
profits today in LONG

Two of our Suggests could give some profits in LONG after last Update; If you have
been holding SYNDIBANK earlier, you should have got out at 167; If you have entered
now, as per the last Update, look to go Marginal with this; For IBREALEST also,
wait for triggers to be crossed confidently before you decide to get in.

The Nifty has remained flat and choppy just below the line since morning today; The
slight negative bias we saw last time, is still there; The Nifty is around 7410 now;
There is a chance of some downside coming, we feel, and Nifty level of 7400 will be
tested now; There is good Support at 7390 which should hold; The market is
likely to remain range-bound around 7400 later on.

 


 

SMS-3

04June(12:30) Mkt on the line; Going Flat & Choppy; None gave
profit; SYNDIBANK Marginal; None looks good for LONG
now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV Not much prospects seen in this now;
Stuck at 203
IBREALEST This has remained flat around 101 since
our last Update; But there is still chance
TATASTEEL This has remained stuck at 538 for most
of the day today; Low chances here
COALINDIA There is a little chance of something
happening here in LONG in last hour
SYNDIBANK This has been Marginal for entrants at 167;
There is very little chance here
VOLTAS There is a slight chance here
if overall market goes up

None of our Suggests could give any additional profits in LONG, following the levels
we gave in the last Updates; There is still chances of more profits if overall market
starts going up again; But it is best to Stay Away now if you are already in plus.

The Nifty has remained flat and choppy around the line for most of the day; It has
done quite well actually, by not falling below 7400, in spite of a slight negative
bias present; The Nifty is now at 7410; There is no global support as Asian markets
are closing red; Europe is expected to open and trade mostly in the red; The Rupee
has also become weak and is at 59.4350 now; Even in these circumstances, we
expect the Nifty to get over the line and go into green zone before closing today.

 


 

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