IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 14-July-2014


 

SUGGESTS:

 

IDFC

 

RANBAXY

 

ZEEL

 

ALSO SEE:

AMTEKAUTO

NTPC

SSLT

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, 14-July-2014

SMS Pre-Market

Suggests: IDFC RANBAXY ZEEL;
Also See: AMTEKAUTO NTPC SSLT;
Valid for date: 14-July-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7490, 7540, 7570, 7600, 7630;
NIFTY Support levels are: 7450, 7430, 7400, 7370, 7330;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected for our markets today, following flat
global cues; Last Friday, the Nifty displayed a steady negative trend a day
after the Budget, and closed over a 100-points down at 7450-level; This
is almost a 330-point drop in just 4 sessions; And this correction is likely to
continue; On Friday, US stocks managed to score modest gains, but the S&P
500 posted its biggest weekly drop since April as investors showed only mild
enthusiasm after getting their first glimpses of earnings; Asian shares are
now trading mostly in the green after opening mixed; European markets had
calmed on Friday as investors decided that losses of Banco Espirito Santo
were unlikely to disrupt Portugal's financial system; Back home, WPI and
CPI numbers which are due to be released today will be keenly watched;
Technically, the Nifty has breached the Support level of 7500 on Friday
and has formed a bearish engulfing pattern on the weekly chart which is a
negative sign; But there is good Support at 7430-7400 which should hold;
On the high side, 7570-7600 will be strong Resistance; Although there is
an underlying negative trend in our market, we expect flat, range-bound
trading within these boundaries today; Pick your stocks and follow them;
Be patient and do not be in a hurry to get in; Consider all possible
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 59.9250; WTI Crude is at $100.83

 


 

SMS-1

14July(10:00) Flat openng; Flat & Choppy;
See RANBAXY>556 NTPC>150;
Watch IDFC>150 ZEEL>299;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7460; The Nifty has remained
flat and choppy just below the line since opening today; See these
now if market upturn comes with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
RANBAXY 556 548 561 563 100
NTPC 150 147 152 153 400

Also watch IDFC>150 and ZEEL>299 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

14July(11:00) Mkt flat around line; RANBAXY gave profit;
Hold RANBAXY>560 if in; NTPC Marginal; Watch IDFC>150
AMTEKAUTO>242 if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IDFC See > 150 This has shown a positive trend; There are
chances of an upturn; But be careful
RANBAXY In at 556; Out at 560
Hold>560, SL-552
This has given expected profits; More
can come, but here also be careful
ZEEL This has been quiet and flat since opening
today; But there can be some chances here
AMTEKAUTO See > 242 There was an initial fall that was big;
Chances of recovery now; Again, be careful
NTPC Hold
if in at 150
Our Trigger of 150 was touched briefly; If
you have entered, try and go Marginal here
SSLT This is not showing any promise whatsoever;
Very low chances seen here

RANBAXY has given some profits in LONG following the levels we gave in our Update;
No other Suggest has done any good; NTPC has created trouble; Overall market trend
is flat and indecisive; Such situations are risky for Intraday Trading in LONG;
Be very careful if you want to go in; Wait for Trigger to be crossed
confidently; Stay Away if you are not sure and certain.

The Nifty has managed to hold on to the line and has even started a slight positive
trend now, it seems; Nifty is at 7455 now, marginally in the red; The range has
been 7440-7470 since opening today; Be prepared for sudden downside; Be
patient, and careful in LONG; Take position only if you get a good, clear chance.

 


 

SMS-3

14July(12:30) Mkt in red; Flat & Choppy; IDFC AMTEKAUTO
gave profit; NTPC Marginal; Watch IDFC>151 ZEEL>298
AMTEKAUTO>245 only if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IDFC In at 150, Out at 151.50
See > 151
This gave the expected profits and then
flattened out; There are still chances for more
RANBAXY This has been quiet and flat after the
first profits; There are still chances here
ZEEL See > 298 This has been quiet and flat and then taken
a fall; There can be chances here on rebound
AMTEKAUTO In at 242, Out at 244.50
See > 245
The recovery has produced the expected
profits; There can be more here
NTPC Marginal at 150 We were right - this gave chance to go
Marginal; Low chances seen here now
SSLT A steady negative trend has developed
here; Very low chances seen now

Our Suggests - those that we had talked about - gave the expected profits even in
such flat and down market; But there seems to be no further prospects now unless
the general market turns around; Like before, under these circumstances, be very
careful if you want to go in; Stay Away if you are not sure and certain;
Stay Away, if you have already made some profits today.

The Nifty has developed a slight negative bias instead of the positive bias we
spoke about in the last Update; Nifty at 7435 now, in the red; At this area around
7430, there is good Support for the Nifty; If 7430-7400 is breached, we will
see a deeper correction; We do not feel that 7430 will hold for longer; But
7400 will be difficult to breach unless we get some bad input; Be prepared
for sudden downsides; Be very careful in LONG now; Stay Away if you
are not sure; Stay Away if you are already in profit today.

 


 

SMS-4

14July(2:30) Mkt in red; Choppy around line; No Suggest
gave profit; RANBAXY SSLT look good for profits in LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IDFC Did not go above 151 in the second chance;
No further chances seen now
RANBAXY This has remained quiet and flat after that
first profits; There are still chances here
ZEEL This has not recovered after the fall in
the middle; Low chances seen now
AMTEKAUTO You could have come out at 245; We still
feel there can be more profits here
NTPC This has taken a fall after going Marginal;
Flat now; But can go up from this low
SSLT The negative trend had eased and this is flat
now; Some chances seen here if upturn comes

None of our Suggests have done anything after our last Update and the overall
market trend is still very uncertain; But we believe some good should come now
which can take our Suggests higher from present lows; Essentially, this will be a
second innings - you decide if it will be worth taking a risk; Specially if you
are already in profit today; Stay Away if you are not sure and certain.

The Support of 7430-7400 held strong, as was expected, and the Nifty has bounced
back from there; Nifty at 7455 now, still in the red; But fluctuating in and out of
the red-green zone; A slight positive trend had come after our last Update, which
took the Nifty up towards the line from a low of 7420; Global markets are still OK
with Asia closing mostly in the green and Europe trading totally in the green; But
the Rupee is a little down and is at 60.1150 now; Good news is that June WPI
inflation has come down to four-month low of 5.43 per cent; Mainly, food inflation
has reduced to 8.14 per cent in June from 9.50 per cent the previous month; But
it is predicted that these figures will rise this month as bad monsoon will affect
production; This can prevent RBI from reducing lending rates; This is seen as a
negative; We do not expect very much upside to come after this, and range-
bound trading in 7440-7470 range, that we saw today morning, should
continue till closing today; As we said before, do not risk profits already
made; Take position in LONG only if you get a good, clear chance;
Stay Away if you are not sure; Today we will close flat.

 


 

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