IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 10-June-2014


 

SUGGESTS:

 

CANBK

 

DLF

 

PTC

 

ALSO SEE:

APOLLOTYRE

COALINDIA

INDIACEM

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, 10-June-2014

SMS Pre-Market

Suggests: CANBK DLF PTC;
Also See: APOLLOTYRE COALINDIA INDIACEM;
Valid for date: 10-June-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7675, 7700;
NIFTY Support levels are: 7620, 7590, 7560, 7520, 7500;

 

Pre-Market Alert: 9:15am

Flat-to-Positive opening expected for our markets today based on mixed
trends in global markets; Yesterday, the Nifty ended another historic but
turbulent day that had a positiive bias throughout, and had given us yet
another life-time intraday high, as well as a new closing high; The 7600
level for the Nifty was covered and we got a closing above 7650, with a
+1% rise in intraday trade, after the President addressed a joint sitting
of the Parliament, emphasising on reforms to boost growth; Overnight, US
stocks ended at record highs as good news raised enthusiasm for stocks,
though Wall Street's fear gauge advanced; It was a fourth straight record
closing high for the S&P 500 and a third for the Dow; Asia stocks today are
trading mixed despite record gains made on Wall Street; For our market,
we expect the positive trend to continue, but some profit booking is also
bound to come in at such high levels; April IIP data and May CPI inflation
will be out on Thursday; Till then, some downside might come; Technically,
the market is still over-bought; Having reached there, holding on to the
7600-level is the main job for the Nifty; There is Support at 7620 and
then at 7590; On the upside, a new Resistance has been found at
7670; 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 59.2580; WTI Crude is at $104.41

 


 

SMS-1

10June(10:00) Gap-up openng; Going down sharply;
See PTC>97 COALINDIA>411;
Watch DLF>234 INDIACEM>126;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Gap-up opening for the Nifty today, around 7680; Nifty has taken a big
100-point fall immediately after opening to touch a low of 7580; Trying
to make up right now; Nifty is around 7600 now; We feel the Support of
7580-7590 will hold and the Nifty will make up some ground and hold
7600-level; See these now, if market turns up with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PTC 97 94 98 100 610
COALINDIA 411 405 414 418 140

Also watch DLF>234 and INDIACEM>126 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

10June(11:00) Mkt -ve & flat; COALINDIA gave profit;
Hold COALINDIA>414 if in; Watch CANBK>478 PTC>97
APOLLOTYRE>200 if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CANBK See > 478 This is turning up after a big fall;
Can give profits from current lows
DLF This is also turning up after a big fall;
There is some chance in this also
PTC See > 97 The initial fall has not been very big
here; Can turn around now and give profits
APOLLOTYRE See > 200 Here also, the fall has not been big at the
beginning; Can give profits in upturn
COALINDIA In at 411; Out at 414
Hold>414; SL-410
This has been doing good after a small
downside at the beginning; More profits likely
INDIACEM This has remained flat and quiet after
that initial fall; Does not look very good

COALINDIA gave some profits in LONG following the levels we gave in the
last Update; As expected, overall market is still very uncertain.

The Nifty has done extremely well to hold position above 7600 and not fall any
further today; At 7610 now; There is actually no direction as yet, and another
profit booking fall can come anytime; But we hope 7600 will be held and we
will go up from here; Be very careful in LONG ...

 


 

SMS-3

10June(12:30) Mkt in red; +ve bias; 3 Suggests gave profit;
Hold APOLLOTYRE>206 COALINDIA>421; All others can
also profit if mkt upturn comes; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CANBK Looks like turning up after being flat for
so long; Has chances here if upturn comes;
DLF Going flat and quiet; But there is chance
of profits here if upturn comes
PTC In at 97; Out at 98.25 This has got chances of giving more
profits in LONG if upturn comes
APOLLOTYRE In at 200; Out at 206
Hold>206; SL-202
There is still chance of more profits
here if overall market goes up again
COALINDIA Out at 421
Hold>421; SL-416
This has shown constant and steady upside
after initial fall; There is more here
INDIACEM Going flat and quiet;
Low prospects here

Good profits have been given by 3 Suggests today till now following the levels we
gave in our Updates; There is still chances of more profits in LONG if overall
market starts going up again; But do not risk profits already made.

The Nifty has developed a slight positive bias since the last Update and is around
7630 now; Our expectation that 7600 will be held has come true; Also, we had
predicted a small upside, correctly; The Support at 7580-7590 has held strong;
There might be some Resistance at 7640 now; Asian markets are in the green,
except Japan and Singapore; Europe is also expected to open mostly in the green;
The Rupee, however, had started weak today and is still weak at 59.2700 now;
For the Nifty, we expect the slight positive bias to take it slowly towards the
green zone by closing today; Like always, you cannot rule out sudden
profit booking downsides at such high levels.

 


 

SMS-4

10June(2:30) Mkt in red; Flat; PTC COALINDIA added
profit; Hold PTC>103 COALINDIA>423; All others still
good if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CANBK This has been flat and choppy since
that initial fall; Nothing after that
DLF Same here; Not much chances of profit
seen here; But you never know
PTC Out at 102.75
Hold>103; SL-101
The positive trend continues; Might
flatten out now; So, be careful...
APOLLOTYRE Nothing after the last upsurge; Stuck now
at 204; Not much chances seen here
COALINDIA Out at 423
Hold>423; SL-418
Going flat and choppy after last Update;
But there is still some scope in last hour
INDIACEM Stuck at 125 for quite some time;
Low chances of profits in LONG

None of our Suggests show definite chances of more profits in LONG in the last
hour, except for COALINDIA; As before, if you have made your profits for the
day, it is best you Stay Away now; Do not risk profits already made.

For the Nifty, today has been day for consolidation; Our markets have done very
well to hold off the profit taking bouts and not allow the Nifty to fall very much;
7600-level has been held; Nifty is at 7630 now; Asian markets, except Japan and
Singapore, are in green; Europe is also trading mostly in the green; The Rupee
has not fallen any further and is at 59.2750; Our market should hold present
position above 7600 till closing today; In fact, we feel a small rise, and even
a positive or flat closing, can come at the end; As always, be very careful for
sudden downsides at such high levels; Today we will close flat.

 


 

Please also see our Today's Performance or Details page