IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 13-June-2014














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, 13-June-2014

SMS Pre-Market

Valid for: 13-June-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7670, 7700 .. 7800, 7840;
NIFTY Support levels are: 7620, 7600, 7580, 7530, 7500;


Pre-Market Alert: 9:15am

Positive-to-Flat opening expected for our markets today based on mixed
global signals; Yesterday, the Nifty recouped most of the losses of the
previous session to end near record highs powered by gains amongst
financials and auto shares, ahead of IIP data; Overnight, US stocks
fell as concerns escalated about Iraq and after disappointing economic
data on retail sales and jobless claims; Asian markets were trading in
a range with negative bias as crude oil hovered near nine-month highs
early on escalating civil war in Iraq hit risk appetite; At home, after
market hours yesterday, the Index of Industrial Production IIP for the
month of April was reported at +3.4% as against a contraction of -0.5%
in March; May retail (CPI) inflation came in at a 3-month low of 8.28%;
These should have good impact in our markets today; The Nifty has been
trading in a narrow range for past three trading sessions and yesterday
closed at its upward sloping trend line; However, we expect the current
phase of consolidation to continue in our market; But the overall bias
is still positive; Range-bound trading between 7620 and 7670 is what
we expect today; We also expect the Nifty to hold 7600 level on the
downside; 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 $106.53




13June(10:00) Flat openng; Flat & Choppy;
Watch APOLLOTYRE>212 DLF>227;
For LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Flat opening for the Nifty today, around 7670; Nifty has remained flat
and choppy in the 7650-7670 range after opening today; At 7660 now;
In the green; 7670 is strong Resistance and will have to be broken for
further upside; See these now, if market turns up with increased volumes:

Name See
to buy
POWERGRID 138.50 136 140 141 430
GODREJIND 351 346 353 358 170

Also watch APOLLOTYRE>212 and DLF>227 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




13June(11:00) Mkt +ve & flat; No Suggest gave profit;
Watch RANBAXY>478 GODREJIND>352 now if mkt
turns up; Be careful in uncertain mkt; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
APOLLOTYRE Going very flat and choppy, around
210; No chances seen here
POWERGRID Has been going down steadily since opening;
There is very little chance in this
RANBAXY See > 478 This has shown some signs of upside
today, but the going has been difficult
DLF Exactly like POWERGRID;
No chances here
GODREJIND See > 352 Chances of upside here, but stuck at
350; Be very careful in LONG
HINDALCO This has also shown steady downside
after opening; Low chances here

No Suggests gave any profits in LONG following the levels we gave in the
last Update; No Trigger has been hit; Situation is similar to yesterday;
Be very careful ... sudden upturn can quickly go down drastically.

The Nifty has remained flat and choppy in the green, just above the line, around
7660, since opening today; Resistance at 7670 has been good and prevented the
Nifty from going up today; But Support at 7650 may break if selling pressure
comes; Asian markets are mostly green; But the Rupee has weakened at
59.4450 now; We expect some upside to come later in the day;
Be patient, and be very careful in LONG ...




13June(12:30) Mkt in red; Going down; No Suggest gave profit;
None look good for long now; All can profit from present
lows if mkt turns up; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Taken a fall; Going down;
Has chances of giving profits
from present lows if upturn comes

No profits have been given by any of our Suggests following the levels we gave in
our Updates today; 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 taken a fall to the next Support of 7620 after our last Update; This
was expected by us; Support at 7620 is still being tested, and may also break
down; More downside might come; Asian markets are still mostly negative; Europe
is also expected to open mostly in the red; The Rupee is still down at 59.4450;
The Nifty will find it difficult to hold the Support of 7620 and can go down some
more; But not below 7580, we feel; As said, we expect some upside from these
lows; Be very careful if you want to play in LONG in uncertain market.




13June(2:45) Mkt in red; Flat; No Suggest gave profit;
POWERGRID>135.50 GODREJIND>342 good for profits in
LONG if upsurge comes in last hour; See Site -INTDAY


Update-4: 2:45pm

Suggest Action - for LONG Comments
APOLLOTYRE Started to fall at 11:45am after remaining
flat since opening; No respite since then
POWERGRID See > 135.50 Hit a low of 130; Has turned around
from there; At 134 now; Chances seen here
RANBAXY Like above, hit a low of 468 and turned
around, but cound not hold; Nothing here
DLF Has hit a low of 205 and has got stuck there;
Can turn up from here if Nifty turns up
GODREJIND See > 342 Hit a low of 328 and has turned around; At
338 now; Can give profits in LONG from here
HINDALCO This has also turned around after hitting a
low of 158; There is slight chance here

None of our Suggests show definite chances of profits in LONG in the last hour,
unless the overall market turns around; Look for opportunities following PricePoints
if overall market turns up; If in doubt, it is best you Stay Away now; It is quite
possible that you will draw a blank today -- that is better that going into a loss!

Profit taking continues in our market; For the Nifty, the Supports of 7620 and 7580
were breached after our last Update; Our expectation that 7580 would hold, was
wrong; The next one at 7530 has proved to be more effective and has stopped
the Nifty from falling further at least 3 times after our last Update; Still in force
and still acting strong; Nifty is at 7550 now; Asian markets are closing mixed, but
Europe is totally in the red; The Rupee is also quite weak at 59.6530 now; Looks
like events in Iraq are spoiling the show as yesterday's good news on IIP and CPI
inflation were ignored by our market today; There is more pain to come; But we
still feel we will get some small upside before closing today; May be weak;
Be very careful if you want to get in now for LONG;
Stay Away if in doubt; Today we will close red.



Please also see our Today's Performance or Details page