IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 12-June-2014


 

SUGGESTS:

 

ARVIND

 

DISHMAN

 

TATAMOTORS

 

ALSO SEE:

JPASSOCIAT

SINTEX

WIPRO

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, 12-June-2014

SMS Pre-Market

Suggests: ARVIND DISHMAN TATAMOTORS;
Also See: JPASSOCIAT SINTEX WIPRO;
Valid for: 12-June-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7650, 7670, 7700 .. 7840;
NIFTY Support levels are: 7580, 7530, 7500, 7470, 7430;

 

Pre-Market Alert: 9:15am

Flat-to-Negative opening expected for our markets today based on down
global signals; Yesterday, the Nifty had snapped a 4-day winning streak
after hitting all-time intraday highs earlier in the day; Overnight, US stocks
ended lower with the Dow breaking a 4-day string of record closing highs,
following the World Bank's reduction of its global growth forecast; Asian
markets are trading lower today morning following decline in Wall Street;
Oil prices have stayed near recent highs due to fighting in Iraq, led by
militants from an al-Qaeda splinter group, prompted worries about the
supply outlook; At home, IIP and CPI data will be out later today; Both
these figures are expected to bring cheer to the market showing a pick-
up in industrial activity and easing inflation; However, the last three days
of action in index shows early sign of exhaustion at higher level, which
ultimately triggers profit taking, which may be a healthy thing to happen
for our markets; We expect this consolidation to continue in our market
today; We expect the Nifty to hold 7600 levels and lead the momentum
towards 7650 and 7700; Profit booking bouts are also bound to come,
and on the downside, 7580 may be tested again; If it goes down, the
next Support of 7530-7500 will come into play; 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 59.3250; WTI Crude is at $104.35

 


 

SMS-1

12June(10:00) Flat openng; Flat & Choppy;
See DISHMAN>116.50 SINTEX>100;
Watch ARVIND>214.50 JPASSOCIAT>84;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7640; Nifty has taken a fall
right down to 7600 immediately after opening; Support at 7600 has
pushed the Nifty up again; At 7640 now; In the green; Slight positive
bias; See these now, if market turns up with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 116.50 114 119 121 510
SINTEX 100 97 101 102 600

Also watch ARVIND>214.50 and JPASSOCIAT>84 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

12June(11:00) Mkt in green & choppy; No Suggest gave profit;
Hold JPASSOCIAT>84 if in; Watch TATAMOTORS>452
SINTEX>98.50 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND Going very choppy, and has no particular
bias; No chances seen here
DISHMAN Same as above; There is very
little chance in this also
TATAMOTORS See > 452 This has also been very choppy today,
but a slight positive bias is seen
JPASSOCIAT If in at 84
Hold>84; SL-82
Touched our trigger for a nano second
and levelled out; Go Marginal here
SINTEX See > 452 This has levelled out now after an initial
up and down; Some chances seen here
WIPRO This has taken a good fall after opening;
Hasn't recovered; Might turn around later

No Suggests gave any profits in LONG following the levels we gave in the
last Update; All can give profits in LONG from here, if the Nifty starts
to go up; But be careful ...

The Nifty has remained flat and choppy in the green, just above the line, around
7640, since the initial up-and-down today; First Resistance at 7650 will be
tested again and should be crossed in due time; There is no global support as
the whole world, except India, is in the red! The Rupee is weak at 59.3300;
But there are domestic cues coming; We expect some upside to come;
Be patient, and be very careful in LONG ...

 


 

SMS-3

12June(12:30) Mkt in green; Flat & Quiet; No Suggest gave
profit; Hold JPASSOCIAT>84 if in; Try to go Marginal;
No Suggest looks good now; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Looks like turning up after remaining flat;
Has chances now if upturn comes;
DISHMAN Going down choppily; There is no chance
of profits here; it seems
TATAMOTORS Can give some profits in LONG as
it is showing signs of upturn
JPASSOCIAT Hold> 84; SL-82
Try to go Marginal
Like above, this can give profits if
market turns up; Showing signs of upturn
SINTEX This has shown constant and steady downside
since the opening up-and-down; No chance here
WIPRO This has also become flat after the initial
up-and-down; But there is slight chance here

No profits have been given by any of our Suggests following the levels we gave in
our Updates; JPASSOCIAT can create trouble but there is a chance of going
marginal with this; But all Suggests can give profits in LONG if the
Nifty starts to go up; The going will be risky from here.

The Nifty has remained flat and quiet in the 7640 region since our last Update; This
was expected by us; Resistance at 7650 is still being tested; Support at 7620 is
also intact; Asian markets are still negative; But key European markets are trading
green; The Rupee is holding on and is at 59.3250 now; For our market, we expect
the Nifty to hold the Support of 7620 and climb up above the resistance of 7650;
As always, be very careful if you want to play in LONG in uncertain market.

 


 

Please also see our Today's Performance or Details page