IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 05-June-2014


 

SUGGESTS:

 

CROMPGREAV

 

IBREALEST

 

SYNDIBANK

 

ALSO SEE:

DISHMAN

SAIL

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 Thursday, 05-June-2014

SMS Pre-Market

Suggests: CROMPGREAV IBREALEST SYNDIBANK;
Also See: DISHMAN SAIL VOLTAS;
Valid for: 05-June-2014; All for LONG;
See site for full 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 also based on
mixed trends in global markets; Yesterday, the Nifty had done well to stay
above the 7400-mark most of the day in spite of very choppy and uncertain
trading; The Nifty had finally closed in the red for the first time after two-
day rally in absence of supportive cues and profit booking at higher levels;
Overnight, US stocks closed higher with the S&P 500 ending at a new
record despite weaker-than-expected labor market data and focused more
on an acceleration in services-sector growth; Asian markets are trading
mixed today morning ahead of the European Central Bank policy meeting
today and the US government's May nonfarm payrolls report on Friday;
At home, it seems that the market will extend the pause taken yesterday
at 7400-level and will remain flat and choppy today also; Profit booking
selling will continue, but it will not be severe; The overall bias remains
positive today as long as the Nifty sustains above 7340; No further
upside is possible until the Nifty can break past 7450 which is a
strong Resistance; 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 59.2680; WTI Crude is at $102.64

 


 

SMS-1

05June(10:00) Flat openng; Choppy in red;
See CROMPGREAV>212 DISHMAN>104;
Watch IBREALEST>106 SAIL>104;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7400; Nifty has taken a fall
after opening and had gone down to 7360; Trying to recover now;
There is a negative bias and it is best not to enter this market for
LONG until things settle down; See these now, if market turns up:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CROMPGREAV 212 208 215 218 280
DISHMAN 104 101 106 109 570

Also watch IBREALEST>106 and SAIL>104 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

05June(11:10) Mkt -ve & choppy; 2 Suggests gave profit;
Hold CROMPGREAV>212 DISHMAN>105; Watch SAIL>104.50
VOLTAS>211 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:10am

Suggest Action - for LONG Comments
CROMPGREAV Hold>212 if in This had touched 212 briefly; If you
have taken entry, look to go Marginal here
IBREALEST Going very flat at 105;
Not much prospects here
SYNDIBANK There was some chance here that we
missed; Not much chance here now
DISHMAN In at 104; Out at 105
Hold>105; SL-103
There is some more chance here,
but be very careful...
SAIL See > 104.50 This has come up steadily from 101;
Has chances if overall market improves
VOLTAS Hold>211 if in; SL-207 This has given opportunity from 207 till 210; We did not mention this, but went as per PricePoints

DISHMAN VOLTAS could give some profits in LONG after last Update, but CROMPGREAV
could lead you into losses if you have taken entry with this; But hold patience and
you can come out Marginal with this;

The Nifty has regained some space and has come up to 7390 after our last Update;
There is a slight positive bias seen; There was Support at 7370 that has worked
today; More upside should come now and the Nifty should go into the green,
above 7400 and approach the Resistance at 7425, we feel.

 


 

SMS-3

05June(12:30) Mkt in red; Going Flat; DISHMAN added profit;
CROMPGREAV SAIL VOLTAS were Marginal; All can
profit if mkt goes up; Await Europe; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV Marginal at 211.50 Gave chance to get out Marginal at 211.50;
Has prospects of going up further now
IBREALEST This had gone down to 103 after opening;
Making up after that; There is still chance
SYNDIBANK This has remained stuck at 174 and then went down;
Low chances here in LONG
DISHMAN Out at 105.70 There is still more chance of more profits
here if overall market goes up
SAIL Marginal at 104.50 This has been Marginal if you have entered
at 104.50; There is some chance here
VOLTAS Marginal at 211 This has been Marginal if you have entered
fresh at 211; There is some chance here

Only DISHMAN could give some 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, specially for those that have been Marginal till now.

The Nifty has carried on with the slight positive trend coming up from the day's low
of 7360; Nifty at 7415 now, in the green; Approaching the Resistance at 7425;
World markets are not supportive as Asia is almost all in the red, and Europe
expected to open mixed; The Rupee is also weak at 59.3080; But even then,
we expect the Nifty to cross the Resistance at 7425 today and create another
closing high; But you cannot rule out profit booking at such high levels.

 


 

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