IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 19-June-2014


 

SUGGESTS:

 

HINDALCO

 

PUNJLLOYD

 

ZEEL

 

ALSO SEE:

FEDERALBNK

RCOM

TVSMOTOR

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, 19-June-2014

SMS Pre-Market

Suggests: HINDALCO PUNJLLOYD ZEEL;
Also See: FEDERALBNK RCOM TVSMOTOR;
Valid for: 19-June-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7570, 7600, 7640, 7670, 7700;
NIFTY Support levels are: 7530, 7500, 7470, 7430, 7390;

 

Pre-Market Alert: 9:15am

A positive opening expected for our markets today based on firm
global cues; Yesterday, Nifty took a sudden deep fall, that was like a
mirror image of the sudden sharp rise on the previous day, and ended
73 points down; The dramatic downturn in second half came when panic
gripped the Indian markets after news channels reported that Iraqi Sunni
militants have launched an assault on the Baiji oil refinery; Overnight, US
stocks closed higher with the S&P 500 ending at a record after the Fed
hinted at a slightly faster pace of interest-rate increases starting next
year; Asian markets are trading higher today tracking gains made on
Wall Street after the US Fed said that it is committed to retaining its
accommodative monetary policy and the FOMC trimmed bond-buying by
$10 billion for a fifth straight meeting; Back home, we expect the Nifty
to reclaim the 7600-level that we lost yesterday; Further direction, like
yesterday, will depend on domestic and global cues; We feel that the
Nifty will continue with the consolidation phase with Support at the
7480-7470 zone; On the higher side, 7650-7670 might be difficult
to cross; Follow only select stocks; Do not be in a hurry to get in;
Consider all angles before you buy; Act quickly when you get a
chance; Take small profits and Exit; Repeat, if possible;
INR-US$ is at 59.8900; WTI Crude is at $105.97

 


 

SMS-1

19June(10:00) Gap-up openng; Going Choppy;
See PUNJLLOYD>60 ZEEL>281;
Watch HINDALCO>168 RCOM>154;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-up opening for the Nifty today, around 7580; Nifty has
been choppy after opening, but has been in the positive zone in
the green; Nifty is at 7580 now; See these, if market upturn comes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PUNJLLOYD 60 58 61 62 1000
ZEEL 281 277 283 286 210

Also watch HINDALCO>168 and RCOM>154 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

19June(11:00) Mkt -ve & choppy; PUNJLLOYD gave profit;
Hold PUNJLLOYD>61; Watch HINDALCO>167.50 ZEEL>281
TVSMOTOR>147 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HINDALCO See > 167.50 Seems to have turned around after hitting
a low of 164; Be careful with this
PUNJLLOYD In at 60; Out at 60.70
Hold>61, SL-59.50
Was flat after opening; Then has turned
around; Has good chances of adding profits
ZEEL See > 281 This has remained very flat at 279;
Wait for a break-out, if it comes
FEDERALBNK Has remained flat & choppy after opening
today; Low chances of profits here
RCOM Same as above; Plus there is slight
negative bias; Low chances here
TVSMOTOR See > 147 Going flat and quiet after initial fall;
Can give profits later, but be careful

PUNJLLOYD has been able to give some profits in LONG following the levels we
gave in the last Update; This has potential to give more profits today; The others
mentioned also have chance, but be very careful in falling and uncertain markets;
Wait for Trigger to be crossed confidently before taking position.

The Nifty has come down below the 7600-mark and has gone into the red to
touch a low of 7540 just now; There is Support at 7530, which should hold for
some time; Nifty is at 7550 now, in the red; Asian markets are mostly in the
green, just around the line; The Rupee is fluctuating in and out of the 60-mark
and is at 60.1000 now; We expect choppy, range-bound trading to come back
for the Nifty around the line, in the 7540-7580 band; Unless we get some
trigger to go up or down; Be patient, and be very careful in LONG ...

 


 

SMS-3

19June(12:30) Mkt in red; -ve bias; 2 Suggests gave profit;
None look good for LONG now; All can profit if mkt turns
up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HINDALCO In at 167.50, Out at 169 This is falling in keeping with market
trend; Can give profits again if it turns up
PUNJLLOYD Out at 60.80 Going flat now; Might turn around
for profits again later in the day
ZEEL This has taken a sharp fall after being
flat; No chances seen at present
FEDERALBNK This has also taken a sharp and big fall;
Can turn around now for profits
RCOM Flat and choppy for quite some time; A
fall was there, but flat again now
TVSMOTOR Same as above; Low chances seen
in both these two

Some profits have been given by 2 of our Suggests following the levels we gave in
our last Updates; Overall market has been falling; We have not given any levels at
this stage as none looks good for profits in LONG; But all Suggests can give
profits from present lows if the Nifty starts to go up; Follow PricePoints;
Be very careful ... The going will be risky from here.

The Nifty has taken another fall; After being around the line at 7560 for some
time, the Nifty started falling at around 11:30am and has hit a low of 7500;
Support at 7530 has been breached and the next one at 7500 has come into play;
There is strong Support at 7480-7470 which may also be tested, as we had said
in our pre-market Alert today; But the strong momentum downward seems to have
been controlled and is not very strong now; Asian markets are still mostly green;
Europe is expected to open mixed; The Rupee has gone below 60 and is at 59.9800
now; We expect some fight back later in the day and the Nifty should get back to
7600 soon; At least above 7560, and into the green; Be very careful if
you want to play in LONG in such uncertain market.

 


 

SMS-4

19June(2:30) Mkt in red; Flat & Choppy; No Suggest gave
profit; None look good for LONG now; All can profit from
present lows if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HINDALCO Has turned around after hitting a low of 165;
At 168 now; Good chances of profits
PUNJLLOYD This is going flat and choppy after the
profits some time back; Low chances of profits
ZEEL This has been going down steadily since
opening; There is no chance seen here
FEDERALBNK This has not recovered sufficiently since
the sudden fall; Going flat & Choppy
RCOM This has not given any good chance since
opening; But there is still chance here
TVSMOTOR Here also, nothing much has happened since
opening; Again, you never know ...

None of our Suggests could add to the earlier profits in LONG since the last Update
following our levels or PricePoints; All Suggests show signs of giving profits in LONG
from present low positions, following PricePoints, if the market upsurge strengthens;
But be very careful of sudden downsides due to some negative news.

The Nifty has bounced from the Support zone of 7500 and has gone upwards to
touch the line at 7560 a few minutes ago, exactly as we had expected; Looks like
this Resistance at 7560 has acted very strong twice already, and has prevented
the Nifty from going up further; It is being tested once again now; Asian markets
are closing mixed; Europe is all in the green; The Rupee is still holding strong at
59.9850; The Nifty is in the red at 7550 now; As things stand, we feel that the
Nifty will cross the Resistance at 7560 and proceed towards 7600 by closing
today; Unless we get some negative news that can pull the market down;
Be very careful if you want to get in now for LONG; Stay Away
if in doubt; Today we will close flat.

 


 

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