IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 11-July-2014


 

SUGGESTS:

 

DLF

 

HEXAWARE

 

RECLTD

 

ALSO SEE:

ADANIPORTS

IDFC

TVSMOTOR

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, 11-July-2014

SMS Pre-Market

Suggests: DLF HEXAWARE RECLTD;
Also See: ADANIPORTS IDFC TVSMOTOR;
Valid for date: 11-July-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7600, 7630, 7650, 7680, 7710;
NIFTY Support levels are: 7550, 7520, 7480, 7430, 7400;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected for our markets today, following flat
global cues; Yesterday, the Nifty struggled to find a clear direction amidst
heightened volatility as it oscillated wildly between negative and positive
extremes before settling the day with a marginal loss of 17 points at 7567
as the maiden Union Budget 2014 of the newly elected NDA government
was being presented; This was a super-important event, much awaited by
the market ever since the new govt came into power as this was its first
public policy statement; It was thought that is the Budget is "good" the
Nifty would jump 200-points and if it was "Bad", the Nifty go down by 150-
points; Both happened; But in intraday, not on closing-basis; Overnight,
US stocks ended lower as concerns about the financial health of Portugal's
top listed bank gave investors a reason to cash in on recent gains; Asian
shares are trading mixed today morning with Japan's Nikkei slightly down;
Back home, Infosys has declared its Q1 results before market hours today
and it has surprised the street with better-than-expected net profit while
revenues were in line; Net Q1 profits is at +21.6% at Rs 2886 cr which is
higher that what the market had expected; IIP data is expected later
today and the industrial production data for May 2014 is expected to
expand to 3.7% from 3.4% recorded in April; For the Nifty, 7760 is
still a formidable barrier to cross; Yesterday we found Support near
7500 and bounced back slightly above the Resistance of 7680, all of
which are in effect today; Today also, 7680-7700 is the first target
but we expect flat and quiet trading around 7600-level in general;
Further direction today will depend on IIP figures and global cues;
Follow 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 the upside continues;
INR-US$ is at 60.1350; WTI Crude is at $102.93

 


 

SMS-1

11July(10:00) Flat openng; Going Flat;
See HEXAWARE>157 IDFC>158.50;
Watch DLF>230 ADANIPORTS>280;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, below 7570; The Nifty has remained
flat and choppy just below 7600 after opening today; See these
now if market upturn comes with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HEXAWARE 157 154 159 161 380
IDFC 158.50 152 160 152 370

Also watch DLF>230 and ADANIPORTS>280 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

11July(11:00) Mkt on the line; Choppy & flat; No Suggest
gave profit; Watch DLF>228 ADANIPORTS>280 IDFC>156
TVSMOTOR>165 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DLF See > 228 This has remained flat and quiet;
Slight chances of upturn; But be careful
HEXAWARE This has been flat; Choppiness is high, plus
a slight negative bias is seen; Low chances
RECLTD A slight negative bias is seen here also,
although this has been quiet; Low chances here
ADANIPORTS See > 280 There was an initial upsurge that we missed;
Flat since then; Good chances of another surge
IDFC See > 156 This has been choppy and flat since opening
today; Low chances of upturn seen here
TVSMOTOR See > 165 This is showing good promise, best among
the lot; Slight positive bias is also seen here

None of our Suggests are actually looking good for profits in LONG at this time, with
the exception of maybe TVSMOTOR; Overall market trend is also not positive; Under
these circumstances, be very careful if you want to go in; Wait for Trigger to
be crossed confidently; Stay Away if you are not sure & certain.

The Nifty has managed to hold on to the line and is fluctuating in and out of the
green; Nifty is at 7565 now, marginally in the red; The range has been 7550-7600
since opening today; Infosys good results and the Budget-analysis is not having any
effect in our market; IIP may also go un-noticed; Be prepared for sudden downside;
Be patient, and careful in LONG; Take position only if you get a good, clear chance.

 


 

SMS-3

11July(12:30) Mkt in red; Going down; No Suggest gave
profit; None look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DLF There is a slight negative trend seen here;
Slight chances of profits in LONG
HEXAWARE This has been choppy and negative since
opening today; Low chances seen here
RECLTD A negative bias is seen here also, after a
flat spell; Low chances for profits in LONG
ADANIPORTS After an initial upsurge, this was flat for
some time; Now a negative bias has come in
IDFC This has been choppy and flat since opening;
But we feel there is chances of upturn here
TVSMOTOR This showed good promise, but nothing
came; But this might give some chance later

None of our Suggests are doing any good right now; We have not found a winner
today, till now; The overall market trend is also not positive; As we said
before, under these circumstances, be very careful if you want to go in;
Stay Away if you are not sure and certain.

The Nifty has developed a slight negative bias after being flat and quiet around
the Support of 7520 for some time; There is strong Support at 7480 after this;
We expect this level to hold; But be prepared for sudden downsides; Be very
careful in LONG now; Take position only if you get a good, clear chance;
Stay Away if you are not sure.

 


 

SMS-4

11July(2:30) Mkt in red; -ve bias; No Suggest gave profit;
DLF>215 ADANIPORTS>260 IDFC>152 looks good for LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DLF See > 215 There is a slight chance that we will get
an upturn now; Chances of profits in LONG
HEXAWARE This continues to be choppy and flat;
Low chances seen here for profits in LONG
RECLTD The negative bias seen here is continuing
and becoming stronger; Low chances for profits
ADANIPORTS See > 260 This has befome flat and choppy around 255
after a drop till 245; Chances seen here now
IDFC See > 152 Here also, we feel there is a chance of
upturn; But the prospects are not very strong
TVSMOTOR This had shown good promise today, but could
not give any profits; Very low chances seen now

None of our Suggests have done anything today, till now; The overall market trend is
still very negative; Intraday Trading today has been very risky, and continues to be
so; Looks like we will go without any profits today -- that is better than going
into loss; Be very careful if you want to go in now;
Stay Away if you are not sure and certain.

The Nifty has gone from bad to worse; At 7480 now; This strong Support is being
severely tested now; We are not very sure if this will hold for long; A slight positive
trend had come after our last Update, which took the Nifty up towards the line till
7540, but weakness had come again because of GAAR and Portugal and took the Nifty
down to 7460; Flat and choppy now in the 7460-7500 range; Global markets are weak
with Asia closing almost all in the red and Europe trading totally red due to Portugal;
But the Rupee is holding on and is at 60.0650 now; We do not expect very much to
happen before closing today; Be prepared for more downsides; Take position in
LONG only if you get a good, clear chance; Stay Away if you are not sure;
Today we may go profit-less; Today we will close red.

 


 

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