IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 02-July-2014


 

SUGGESTS:

 

DISHTV

 

EXIDEIND

 

TATAMOTORS

 

ALSO SEE:

HINDALCO

SINTEX

ZEEL

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, 02-July-2014

SMS Pre-Market

Suggests: DISHTV EXIDEIND TATAMOTORS;
Also See: HINDALCO SINTEX ZEEL;
Valid for: 02-July-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7650, 7680, 7700, 7750, 7780;
NIFTY Support levels are: 7620, 7580, 7560, 7500, 7470;

 

Pre-Market Alert: 9:15am

A good gap-up opening is expected for our markets today, following good
overnight performance by US and positive trend in Asian markets; Yesterday,
our markets ended with a slight positive gain after being flat and choppy
throughout the day; Nifty gave another closing above 7600, rising for the
third straight session; Overnight, US stocks ended higher as both the Dow
and S&P 500 closed at record highs after manufacturing data suggested a
pickup in the United States; Asian stocks are riding a three-year peak
today morning after a round of upbeat global economic data whetted risk
appetites and helped Wall Street taste all-time highs; At home, we saw
some consolidation yesterday after the 3-week sideways movement was
broken on Monday; The trend will now remain positive as long as 7600
is held by the Nifty; If we get a positive opening above 7650, as is
expected, The immediate target will be 7680-7700 for the Nifty; There
is good Support at 7620 and 7580; 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 60.0300; WTI Crude is at $105.34

 


 

SMS-1

02July(10:00) Gap-up openng; Going Choppy;
See EXIDEIND>153.50 SINTEX>102;
Watch DISHTV>63.50 HINDALCO>177;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Big 50-point gap-up opening for the Nifty today, around 7685; And the
level of 7700 was almost touched by the Nifty immediately after opening
today; Nifty around 7690 now; Going choppy with slight positive bias;
SINTEX could have already given you some profits in LONG following our
PricePoints; SINTEX should have been in at 101 and out at 101.75;
If still in, Hold SINTEX>102 with a StopLoss of 100; Otherwise,
See these if market upturn comes with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
EXIDEIND 153.50 151 155 156 390
SINTEX 102 100 103 104 580

Also watch DISHTV>63.50 and HINDALCO>177 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

02July(11:00) Mkt +ve & going good; 2 Suggests gave profit;
Watch TATAMOTORS>452 SINTEX>102 ZEEL>300
now if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DISHTV There is some chance in this after 63
although it has been flat since opening
EXIDEIND This has also remained flat & quiet
since opening; There is chance after 153
TATAMOTORS In at 449, Out at 451
See > 452
There was some profits here following
PricePoints; Good chances for more
HINDALCO This has gone down after opening, but
has flattened now; Low chance here
SINTEX Out at 102
See > 102
Gave a smart uprise after opening; Going
flat now; There is chance here for more
ZEEL See > 300 This has gone down steadily after opening;
But can turn around anytime now

TATAMOTORS profits shown were not predicted by us, but was as per PricePoints;
It is likely to flatten out now and might rise again later if market starts to
rise again; 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 created another life-time high of 7711.50 after our last Update; But
unlike the last time when it touched 7700, we did not see a bout of profit-taking
bout immediately after the magic point was touched; Not till now, at least; Some
small fall has been seen and the Nifty is at 7690 now; Asian markets are still
almost all in the green; The Rupee is also falling and is at 59.9950 now; If we
do not get any bad news, domestic of global, we expect the Nifty to hold 7700
level now; However, none of our Suggests are showing the same progress;
Be patient, and very careful in LONG ... maybe, today is not our day.

 


 

SMS-3

02July(12:30) Nifty green; Holding 7700; EXIDEIND gave
profit; Watch EXIDEIND>155 TATAMOTORS>452 ZEEL>299;
SINTEX stuck; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHTV This has been flat and quiet today;
There is still chance for sudden profits
EXIDEIND In at 153, Out at 154
See > 155
Small upside is seen here that can give
more profits; Hold>154.50 if still in
TATAMOTORS See > 452 This has shown promise after the initial fall,
and has given some profits; More can come
HINDALCO Stuck at 175.50; There is always chance
for a sudden upsurge; But chances are low
SINTEX Stuck at 102 Here also, there is chance of sudden profits
as this is now stuck after initial rise
ZEEL See > 299 We expected this to turn around in our
last Update; We still feel the same

All the profits given by our Suggests today have been difficult to get; As we said
before, our Suggests have not performed well today; Going forward is very
risky; Be very careful ... Wait for Triggers to be crossed confidently ...

The Nifty has regained 7700 level after falling to 7690 after our last Update;
There is a positive bias that is developing; Asian markets are still all in the
green; Europe is also expected to open mostly green; The Rupee is holding
at 59.8850; Nifty is at 7710 now and expected to hold 7700 and go further
up to 7750; Unless we get any wrong news; Be very careful for sudden
downsides; If you are already in profits today, it is best to Stay Away now.

 


 

SMS-4

02July(2:30) Mkt green; Nifty at 7720; 3 Suggests gave profit;
EXIDEIND>156 HINDALCO>179 good for more in LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DISHTV This has remained flat the whole day; Low
chances even if mkt goes up in last hour
EXIDEIND Out at 156
See > 156
There is a steady upward bias in this;
Good chances of more profits here
TATAMOTORS Out at 458 This has got stuck a little below 458;
But can give another surge before closing
HINDALCO In at 177, Out at 179
See > 179
Same with this: stuck at 178 after
hitting 179; Can give another upside
SINTEX This has not given any chances after
initial surge; Low chances seen now
ZEEL Marginal
at 299
This Suggest has disappointed today;
But some profits might still come

Some of our Suggests could give additional profits in LONG following the levels we
had given in our last Update, but most of these were difficult to get; No Suggest has
performed at par with the fantastic progress of the Nifty, except for EXIDEIND;
As we have said before, If you are already in profit today, consider Staying
Away now; Except for EXIDEIND, of course.

The Nifty has done very well today and is now poised to give life-time highs in
both intraday and on closing-basis today; Nifty is holding 7700 and is at 7720
now; There is more to come; Asian and European markets are deep in green;
The Rupee is doing very good and is at 59.7000; There are good info being
leaked about the coming Railway Budget — all this is helping the Nifty go up;
We expect a closing around 7720 today; However, our Suggests have not
performed today at par with market position; So, 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