IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 13-June-2014


 

SUGGESTS:

 

APOLLOTYRE

 

POWERGRID

 

RANBAXY

 

ALSO SEE:

DLF

GODREJIND

HINDALCO

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

Suggests: APOLLOTYRE POWERGRID RANBAXY;
Also See: DLF GODREJIND HINDALCO;
Valid for: 13-June-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

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

 


 

SMS-1

13June(10:00) Flat openng; Flat & Choppy;
See POWERGRID>138.50 GODREJIND>351;
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
Above
Stop
Loss
Target
1
Target
2
Number
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.

 


 

SMS-2

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 ...

 


 

SMS-3

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
POWERGRID
RANBAXY
DLF
GODREJIND
HINDALCO

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.

 


 

SMS-4

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