IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 20-June-2014


 

SUGGESTS:

 

DISHMAN

 

HINDALCO

 

TITAN

 

ALSO SEE:

EXIDEIND

FRL

PUNJLLOYD

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, 20-June-2014

SMS Pre-Market

Suggests: DISHMAN HINDALCO TITAN;
Also See: EXIDEIND FRL PUNJLLOYD;
Valid for date: 20-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 flat opening expected for our markets today based on uncertain
Asian cues; Yesterday, Nifty was flat throughout the day with a
slight negative bias, and closed below the 7550 level after hitting
a low of 7500 due to tensions in Iraq; Overnight, US stocks ended
higher with the S&P 500 closed at another record high extending
gains for a fifth day on investors' optimism that the Federal Reserve
will keep interest rates low for a long period of time; Asian markets
are trading uncertain, within a range today morning; Back home, SEBI
has infused new life into the equities market and world markets rejoiced
that monetary policies would stay super loose in the US, Europe, Japan
for a long time to come; We expect the Nifty to continue with range-
bound trading, but with a slight positive bias today; We should reclaim
the 7600-level that we could not hold on to yesterday; As before, further
direction will depend on domestic and global cues; Support at 7480-7470
is expected to hold; 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 60.2000; WTI Crude is at $106.43

 


 

SMS-1

20June(10:00) Flat openng; Going Choppy;
See DISHMAN>129 TITAN>328;
Watch EXIDEIND>143 FRL>127.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7540; Nifty has remained
flat and choppy after opening, around the line at 7540; At 7550
now, in the green; A slight positive trend seems to be developing;
See these, if market upturn comes now with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 129 126 130 131 460
TITAN 328 324 331 335 180

Also watch EXIDEIND>143 and FRL>127.50 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

20June(11:00) Mkt -ve, flat & choppy; DISHMAN gave profit;
Hold DISHMAN>130 if in; Watch TITAN>328 EXIDEIND>143
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DISHMAN In at 129, Out at 130.25
Hold>130, SL-127
Has been going up steadily since opening,
against market trend; More profits can come
HINDALCO Steady downside after initial burst; But
this can turn around to give profits later
TITAN See > 328 This has shown potential since opening,
but nothing till now; There is chance
EXIDEIND See > 143 Has remained very flat & straight after
opening today; May be profits here
FRL There is slight negative bias;
Low chances here
PUNJLLOYD This also had steady negative bias since
opening; But seems to be turning around now

DISHMAN 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 other
Suggests also have chance, but you should look at DISHMAN with extra attention;
For others, wait for Trigger to be crossed confidently before taking position.

The Nifty has remained flat and choppy in the 7520-7550 region since opening
today; At 7535 now, in the red; The slight positive bias we saw last time, has
fizzled out; Might return; Asian markets are almost all in the red; The Rupee is
also weak at 60.2550 now; SEBI action yesterday does not seem to have any
reaction on the Nifty till now; We expect choppy, range-bound trading to
continue for the Nifty and a positive trend to return later in the day;
Be patient, and be very careful in LONG ...

 


 

SMS-3

20June(12:30) Mkt in green; Going flat & choppy; DISHMAN
TITAN gave profit; Hold TITAN>331; None other looks
good now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHMAN Out at 133 There is still chance of more profits
here, although it has levelled out
HINDALCO Going choppy and flat; Might turn around
for some profits later in the day
TITAN In at 328, Out at 331
Hold>331, SL-327
This has also flattened out, but there
is more chances of profits here
EXIDEIND This has remained very flat at 141.50;
Can turn around now for profits
FRL Flat and choppy for quite some time;
Now showing slight negative bias
PUNJLLOYD Flat and choppy for quite some time;
Chances of a turn-around upwards

Some profits have been given by 2 of our Suggests following the levels we gave in
our last Updates; Except for TITAN, we have not given any levels for the other
Suggests but all have potential to give profits in LONG, following PricePoints, if
the Nifty starts to go up; Be very careful ... The going will be risky from here.

The Nifty is back in the green and is now trading choppy in the 7530-7560 range;
Support at 7530-7520 has worked today; Similarly, the Resistance at 7570 has
also stopped the Nifty from going further up; Range-bound trading has returned;
Asian markets are still mixed but going towards green; Europe is expected to open
and trade all in the green; The Rupee is holding steady at 60.2650; We expect
the Nifty to develop a positive bias and hold position above the Resistance of
7560; Be very careful if you want to play in LONG in such choppy market.

 


 

SMS-4

20June(2:30) Mkt on line; Very choppy; TITAN added profit;
Only TITAN looks good for more profits in LONG if
upsurge comes again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DISHMAN Nothing more has happened here after
the initial profit run; Going flat now
HINDALCO Going flat and choppy since opening
today; Low chances of profits seen here
TITAN Out at 334 This has potential for giving more
profits in LONG in the last hour
EXIDEIND Recovery that was expected, was not
significant; Flat & Choppy now; No scope
FRL This has not looked like doing anything
since morning; But you never know
PUNJLLOYD Here also, nothing has happened since
opening; There is a negative bias now

None of our Suggests, except TITAN, could give any profits in LONG since the last
Update following our levels or PricePoints; At this point only TITAN looks good
for giving more profits in LONG; But be very careful of sudden downsides due
to some negative news; Best to Stay Away now if you are already in profit.

The Nifty has been very choppy and uncertain the whole day, and has been in
and out of the green zone several times already; Right now, the Nifty is in the
red at 7530; Broadly, the Nifty has been trading in the 7520-7560 band today;
Support at 7530-7520 and Resistance at 7560-7570 are both still intact;
Asian markets are closing mostly red; Europe is trading almost all in green;
The Rupee is still holding at 60.1400; There are no domestic or Global cues;
The Nifty might drift a little downwards now, we feel, and it will be difficult to
hold 7550 level at closing today; Unless we get some positive news that
can pull the market up; Stay Away now if you are in profit, or if in
doubt; Today we will close red/flat.

 


 

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