IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 23-June-2014


 

SUGGESTS:

 

FRL

 

TITAN

 

WIPRO

 

ALSO SEE:

ADANIPORTS

IDEA

SUNTV

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 Monday, 23-June-2014

SMS Pre-Market

Suggests: FRL TITAN WIPRO;
Also See: ADANIPORTS IDEA SUNTV;
Valid for date: 23-June-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7550, 7570, 7610, 7650, 7680;
NIFTY Support levels are: 7470, 7430, 7390, 7370, 7330;

 

Pre-Market Alert: 9:15am

A flat-to positive opening is expected for our markets today based
on slightly positive Asian cues; On last Friday, the Nifty was flat and
range-bound with a slight negative bias throughout the day, and closed
just above the 7500-mark as investors turned cautious amid tension in
Iraq and the rupee's fall against the dollar; US stocks ended higher
on Friday, for a sixth straight session and hit new highs boosted by
money managers convinced that US policymakers will keep a lid on
interest rates through 2016; Asian markets are trading higher today
morning, after Wall Street advanced to new highs, while crude oil
held near nine-month highs as violence in Iraq showed no signs of
abating; At home, the markets are expected to be range-bound, as
the last 3 sessions have ended in red; Trading will be cautious as
investors track the civil war in Iraq, the progress of monsoon and
updates on the Union Budget; Plus this is Expiry week; We will keep
getting sudden movement depending on domestic and global cues;
Nifty-7500 will be tested today; But we expect the Support at 7480-
7470 to give a very good fight; On the higher side, we expect the
level of 7570-7600 to be the upper limit for now; 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 60.1250; WTI Crude is at $107.26

 


 

SMS-1

23June(10:00) Flat openng; Going Choppy & Flat;
See ADANIPORTS>240 IDEA>140.50;
Watch FRL>130.50 WIPRO>537;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7510; Nifty has remained
flat and choppy after opening, just above the line around 7520; At
7515 now, in green; A slight negative 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
ADANIPORTS 240 236 242 245 250
IDEA 140.50 138 142 145 420

Also watch FRL>130.50 and WIPRO>537 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

23June(11:00) Mkt -ve & choppy; Taken a fall; No Suggest
gave profit; Watch FRL>130 TITAN>334 ADANIPORTS>240
SUNTV>438 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
FRL See > 130 Has taken a fall till 127 after opening;
Turning around now; Some profits can come
TITAN See > 334 Steady downside after opening today till
332; But this is turning around now
WIPRO This has shown no potential since opening;
Was very flat, then has taken a fall
ADANIPORTS See > 240 Has remained flat & straight at 238 after
an initial rise; May be profits here
IDEA This has been very choppy and flat since
opening today; Low chances here
SUNTV See > 438 This has also given a up-and-down after
opening and is turning around now

No Suggest could give any profits till now in LONG following the levels we gave
in the last Update; The mentioned Suggests have potential to give profits from
present lows, but be very careful in LONG in a falling market; Wait for
Trigger to be crossed confidently before taking position.

The Nifty has taken a good fall after our last Update, and has fallen from 7530
to 7470; As expected, the Support at 7470-7480 is acting strong and has
already stopped the Nifty once from falling further; It is being tested again
now; Nifty is at 7485 now, in the red; The negative bias seen earlier seems
to have levelled out, but some more downside might come; We expect the
Nifty to get into range-bound trading and a slight positive trend to
return later in the day; Be patient, and be very careful in LONG ...

 


 

SMS-3

23June(12:30) Mkt in red; Going down; No Suggest gave profit;
Watch FRL>130 TITAN>335; IDEA SUNTV stuck;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
FRL See > 130 This has remained stuck at 128 for
some time; Can jump from here
TITAN See > 335 This has also been static at 333 for
some time; Can go up suddenly from here
WIPRO This has flattened out somewhat, and can
turn around; Chances of profits low
ADANIPORTS This has gone down to touch a low of 234
after our last Update; Can turn around
IDEA Stuck at 139 Flat and choppy for quite some time;
But this has low chances of profits
SUNTV Stuck at 438 Flat and choppy for quite some time;
Chances of a turn-around upwards

No profits were given by any of our Suggests following the levels we gave in
our last Updates; Some of these look promising if the market turns up now, but
be very sure and certain if you want to enter in such falling markets; Wait
for Triggers to be crossed confidently...

The Nifty is deep in the red, back at the Support level of 7470 after recovering
till 7500 after our last Update; At 7565 now; We are not certain how long this
Support of 7480-7470 will hold; Next Support is at 7430; Asian markets
are mixed; Europe is expected to open mixed; The Rupee is doing good at
60.1850; We expect the Nifty to flatten out before the next Support and get
back into range-bound trading; Be very careful if you want to play in
LONG in such falling/uncertain market.

 


 

SMS-4

23June(2:30) Mkt in red; -ve bias; SUNTV gave profit;
Hold SUNTV>442 if in; FRL WIPRO good for LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
FRL This has potential to give profits in LONG
if upsurge comes now; But be careful...
TITAN Has taken a fall after going flat and choppy
for quite some time; Low chances seen here
WIPRO This has potential for giving some profits
in LONG in the last hour, if mkt turns up
ADANIPORTS Some small profit was given by this but we
did not anticipate that; Low chances now
IDEA This has remained flat and choppy the
whole day today; Low chances now
SUNTV In at 440. Out at 442.50
Hold>442, SL-438
This has given some profits today and can
give more profits in LONG if mkt goes up

None of our Suggests, except SUNTV, could give any profits in LONG today following
the levels we had given or PricePoints; At this point only SUNTV 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 shown a
slight but steady negative bias throughout; Right now, the Nifty is deep in the
red at 7450; Support at 7480-7470 has been breached; Next Support at 7430
is being approached now; Asian markets are closing mostly red; Europe is also
trading almost all in red; The Rupee has weakened a little and is at 60.2380
now; Like we said before, we expect the Nifty to hold the next Support at
7430 and get back towards 7500 at closing today; Unless we get some
news that can pull the market up or down suddenly; Be very careful
in LONG now; Today we will close red.

 


 

Please also see our Today's Performance or Details page