IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 25-June-2014


 

SUGGESTS:

 

PETRONET

 

PFC

 

SINTEX

 

ALSO SEE:

CROMPGREAV

DLF

VOLTAS

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 Wednesday, 25-June-2014

SMS Pre-Market

Suggests: PETRONET PFC SINTEX;
Also See: CROMPGREAV DLF VOLTAS;
Valid for date: 25-June-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7610, 7650, 7680, 7700, 7750;
NIFTY Support levels are: 7560, 7530, 7500, 7470, 7430;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected for our markets today based on
mixed Asian cues; Yesterday, the Nifty stayed positive for most part of
the day and was on its way towards 7600 when a bout of profit booking
came and brought it down to 7540; The market then recovered quickly to
give a closing around 7580; This was the first positive closing after 4 down
days; Overnight, US stocks ended lower despite some uptick seen in consumer
confidence level, while new home sales in May rose more than anticipated,
but concerns about the violence in Iraq gave investors a reason to sell and
book some profits; Asian markets were trading mixed today as geopolitical
risks have replaced China's growth and US Fed policy as the main concerns
for investors: At home, the consolidation continues in the 7500-7600 band
but we are now at the higher end of this band; Yesterday's bounce-back
makes us hopeful that Nifty will retest the recent high of 7700 before
the budget; But we should be cautious as volatility will tend to remain
on the higher side due to Expiry and geopolitical reasons; Again, Nifty-
7610 is the target in the next few days; There is immediate Support
at 7530 and solid Support at 7480-7470; 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 60.3080; WTI Crude is at $106.03

 


 

SMS-1

25June(10:00) Flat openng; Going Choppy;
See PFC>319 CROMPGREAV>200;
Watch PETRONET>186.50 VOLTAS>226;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7580; Nifty has been flat
and choppy around the line after opening, going in and out of the red
zone, in the 7570-7590 band; At 7585 now, in green; PFC could have
already given you some profits in LONG following PricePoints; PFC
should have been in at 317 and out at 318; If in, Hold PFC>319
with a StopLoss of 315; Otherwise, see below; See these, if
market upturn comes now with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PFC 319 315 321 324 180
CROMPGREAV 200 197 202 205 300

Also watch PETRONET>186.50 and VOLTAS>226 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

25June(11:00) Mkt flat & choppy; PFC added profit;
Watch PFC>321 CROMPGREAV>200 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
PETRONET Has shown steady negative trend since
opening; Low chances of profits here
PFC Out at 321
See > 321
This is rising up steadily since opening;
Flattened out now, but there is more here
SINTEX This has shown no potential since opening;
Might turn around later today
CROMPGREAV See > 200 Has remained flat & choppy around 199 since
opening today; May be profits here
DLF This has been very choppy and down since
opening today; Might turn around later
VOLTAS Same as above; This has gone down after
opening but might turn up later today

Most of our Suggest are either going flat and choppy or going down slow and steady;
Except PFC, of course, which has shown positive trend since opening; For the others,
there is possibility of a turn around upwards if overall market goes up; But, be
careful in LONG; Wait for Trigger to be crossed confidently
before taking position.

The Nifty has remained flat and choppy around the line, in the 7570-7585 zone,
since our last Update; There is no bias seen to develop since opening today;
However, some small downside might come now, we feel;
Be patient, and be very careful in LONG ...

 


 

SMS-3

25June(12:30) Mkt in red; Flat & Choppy; DLF gave profit;
Hold DLF>220 if in; No other looks good unless mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
PETRONET This continues to show steady downside;
Low chances of profits here
PFC Nothing here after initial run-up; Showing
negative trend now; Low chances here
SINTEX This is flat now after a negative bias
shown since morning; Can turn around
CROMPGREAV This has remained stuck at 198 since
opening today; Low chances here
DLF In at 218, Out at 219.50
Hold>220, SL-216
This has turned around sooner than
expected; More profits can come from here
VOLTAS This is flat now after initial downward
movement; Good chance of turning around

Small profits were given by PFC and DLF, both by following PricePoints and not the
levels we gave in our Updates; Today is a day to follow PricePoints as we have not
given any levels now; Some of our Suggests look promising if the market turns up,
but be very sure and certain if you want to enter in LONG; such uncertain and
flat markets; Wait for PricePoints to be crossed confidently...

The Nifty is still flat and fluctuating in the 7565-7585 band; In the red right now
at 7575; Asian markets are mostly in the red; Europe is also expected to open
mostly red; The Rupee is at 60.1950, holding steady; There is domestic bad news,
as low monsoons are predicting drought-like situations; Under such conditions, we
expect the Nifty to continue flat and choppy trading for some more time; There
should be a break out upwards later in the day; Be very careful if you want
to play in LONG in such uncertain market.

 


 

SMS-4

25June(2:30) Mkt in red; Very Choppy; PFC DLF added profit;
PETRONET>183 PFC>323 look good for more in LONG if
upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
PETRONET See > 183 This has got stuck at 182 for some time;
There is chance for more in last hour
PFC Out at 323
See > 323
This still has chance of more profits
in LONG after 323; Good positive bias
SINTEX This has potential for giving sudden profits
in LONG as there has been ups and downs
CROMPGREAV This has turned around after hitting a low
of 195; But upturn is not very strong
DLF Out at 220 This has gone down steadily after giving
those profits; Low chances seen now
VOLTAS This has remained choppy with negative
bias the whole day; Low chances now

Two of our Suggests could add small profits in LONG after our last Update, following
the levels we had given; Market is very unstable today; If you have made you
profits today, it is best to Stay Away now; Only good chance is in PFC.

The Nifty has not been able to do anything the whole day today; Has remained
choppy just below the line; In the 7565-7580 range since 10:30am; Volumes
have also been low; Globally, the whole world is in the red as all of Asia is
closing in the red, and Europe is trading all in red; But the Rupee is holding at
60.1955; We had expected a good upside to come towards the end of the day,
but that might not happen now; Even then, we should get a little bit that can
give a closing above 7580 today in the green; Be very careful in LONG now;
Stay Away if in profit; Do not risk profits already made;
Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page