IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 01-July-2014














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 Tuesday, 01-July-2014

SMS Pre-Market

Valid for: 01-July-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7625, 7650, 7680, 7700, 7750;
NIFTY Support levels are: 7580, 7560, 7500, 7470, 7430;


Pre-Market Alert: 9:15am

A small gap-up opening is expected for our markets today also, but
the Nifty might trade in a range following muted Asian cues; Yesterday,
our markets ended on a good high with the Nifty closing above 7600 after
maintaining a steady positive bias throughout the day; US stocks wrapped
up a sixth straight quarter of gains overnight, something not seen in more
than 14 years; The three major US stock indexes, however, closed little
changed for the day, following a set of mixed economic data; Asian markets
are trading mostly in the red, but Japan is over +1.4% in the green; Back
home, the Nifty appears to have resolved its sideways consolidation of
the past 3 weeks on the upside and now has immediate Resistance at
7650-7660; There is immediate Support at 7580-7560; As said earlier,
the Nifty could make an attempt to scale 7700 levels in the next few
days, as optimism surrounding the Budget can push stocks higher;
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 good
chance; Take small profits and Exit; Repeat, if possible;
INR-US$ is at 59.9800; WTI Crude is at $105.74




01July(10:00) Gap-up openng; Going Flat;
See INDIACEM>122.50 HDIL>105;
For LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Small 20-point gap-up opening for the Nifty today, around 7630; As was
expected, the Nifty has remained flat and very choppy around that 7630
level since opening today; Around 7535 now; Going very choppy and flat;
HDIL could have already given you some profits in LONG following our
PricePoints; HDIL should have been in at 103.50 and out at 104.25;
If still in, Hold HDIL>105 with a StopLoss of 102; Otherwise,
See these if market upturn comes with supporting volumes:

Name See
to buy
INDIACEM 122.50 120 124 126 480
HDIL 105 102 106 107 570

Also watch BHARATFORG>641 and SYNDIBANK>176 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




01July(11:00) Mkt green & flat; BHARATFORG gave profit;
Hold BHARATFORG>670 if in; Watch ADANIPORTS>247
HDIL>105 now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
BHARATFORG In at 641, Out at 672
Hold>670, SL-660
There is still chance for more profits in
this although it has levelled out around 665
INDIACEM Not much has happened here since opening,
but there is chance in LONG above 122
SYNDIBANK Going down slowly since opening today;
Low chances here unless market goes up
ADANIPORTS See > 247 This was also going down after opening, but
this has turned up; There is chance here
HDIL See > 105 Gave a smart uprise on opening; Then went
down; Has turned up now; There is chance here
RPOWER This was very choppy after opening; Then went
down; Recovering now; Good if mkt turns up

BHARATFORG has given a good upside, and if you have been able to catch even
a small part of it, your job for the day is over; BHARATFORG can give more if
the market turns up now; All the other Suggests also have chance for profits
if the Nifty starts to go up; But be careful ... wait for Trigger
to be crossed confidently before taking position.

The Nifty has remained flat and choppy in the 7620-7640 zone since opening today;
Trading very quiet around 7630 now, in the green; Asian markets are still mostly red;
The Rupee is holding at 60.1400, but is expected to fall; If we do not get any good
inputs to hold the Nifty at such high levels, we fear that profit booking might
come in and take the Nifty below 7600; Be patient, and very careful in LONG ...




01July(12:30) Mkt in green; Choppy; Slight +ve bias coming;
None gave profit; None look good for LONG now;
Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARATFORG This has given good profits today; Has been
down after that; There is still chance for more
INDIACEM Some small upside was seen here that we did
not catch; There can be something above 123
SYNDIBANK There was a small upside here also that we
did not catch; But chances with this is low now
ADANIPORTS Stuck at 245; There is chance that this might
give a sudden upsurge; Watchout for this
HDIL Stuck just below 104.50; Can add to the profits
given in the morning; Watchout for this also
RPOWER This is also stuck around 108; If the Nifty
starts to climb again, this might also go up

None of our Suggests have given any profits after our last Update, following our
levels; But all are poised to give some profits now if the Nifty starts to climb
up again; Follow PricePoints; But remember, going forward is very risky;
Be very careful ... Wait for PricePoints to be crossed confidently ...

The Nifty has remained flat and choppy, but is now moving out of the upper limit
of its 7620-7640 range — it is going past 7640 and is at 7645 now; There
is a slight positive bias that is developing; Asian markets are still mostly in the
red; But Europe is expected to open mostly green; The Rupee is holding at 60.1350;
There was some good domestic news: Manufacturing sector growth in June expanded
at fastest pace since Feb, supported by growing order flows, especially from overseas,
says an HSBC survey; There is Strong Nifty Resistance at 7650-7660 which will be
approached now; But be very careful for sudden downsides; If you are already in
profits today, it is best to Stay Away now.




01July(2:30) Mkt green, flat & choppy; No Suggest gave profit;
None look good for LONG now; All can profit if upsurge comes
now in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARATFORG This still has some chance for profits
after 660 if mkt goes up in last hour
INDIACEM There is small chance here unless
market moves up smartly from here
SYNDIBANK As above, this has chances of profits only
if there is a sharp increase in last hour
ADANIPORTS Same as above
HDIL This should have been out at 104.75 if
you have been holding; Low chances now
RPOWER This has remained choppy, but now showing
slight signs of turning up; Some chances here

None of our Suggests could give any profits in LONG following the levels we had
given, after the 11am Update; None look good for long now, but all can give
profits in LONG if the overall market moves up sharply; But chances of that
is low; Be very careful if you want to enter fresh in LONG now.

The Nifty is on a very slow rise and it has taken the whole day to rise from 7620
to 7650; This progress has been very slow and choppy, with lots of ups and downs
in between; The Nifty is at 7640 now, in the green; Asian markets are closing mixed,
but Europe is all in the green now; The Rupee is also holding at 60.0940; We feel
that the Nifty is doing very good in successfully holding on to 7600-level and also
moving towards 7650, even if this is very slow; As we had said earlier, moving
above the Resistance at 7650-7660 will not be easy unless we get some good
trigger; This doesn't look possible now; But we should get a closing
above 7620 today; Be very careful in LONG now; Stay Away if
you are already in profit; Today we will close green.



Please also see our Today's Performance or Details page