IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 15-July-2014


 

SUGGESTS:

 

ARVIND

 

SINTEX

 

YESBANK

 

ALSO SEE:

RCOM

TATAPOWER

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 Tuesday, 15-July-2014

SMS Pre-Market

Suggests: ARVIND SINTEX YESBANK;
Also See: RCOM TATAPOWER TVSMOTOR;
Valid for date: 15-July-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7480, 7510, 7540, 7570, 7600;
NIFTY Support levels are: 7420, 7400, 7370, 7330, 7300;

 

Pre-Market Alert: 9:15am

A positive opening is expected for our markets today, following positive cues
from other Asian markets and a govt clarification on GAAR and a much lower than
expected CPI inflation that came in after market hours yesterday; The Nifty kept
within a tight range and ended flat yesterday, showing no regard to good IIP
and WPI inflation figures; Overnight, US stocks ended higher after Citigroup's
earnings and a fresh round of merger and acquisition activity in the US
healthcare industry lifted global share prices; Asian shares are trading
higher today morning, with Japan and HongKong leading; Back home, the
consumer price index (CPI)-based inflation for the month of June came in
at 7.31%, much lower compared to 8.28% in the previous month; Also, the
govt has clarified today morning that it has not even considered whether the
controversial tax avoidance rules known as GAAR should be implemented from
the scheduled date of April 2015; The market wants this to be deferred till
2017; This will have a positive impact in our market today; Technically,
the Support at 7420-7400 is still intact and the Nifty has bounced back
from there; With a positive opening today, the previous Support at 7480
will come into play today, and the immediate target will be 7540 for the
Nifty; After yesterday's flat trading, we expect a slight reversal in the
pattern today with slow positive bias; 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 60.1300; WTI Crude is at $100.91

 


 

SMS-1

15July(10:00) Gap-up openng; Going up;
See SINTEX>92 TVSMOTOR>169.50;
Watch ARVIND>219 RCOM>130;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Good 50-point gap-up opening for the Nifty today, around 7500; There has
been a steady positive trend since opening today; Nifty at 7520 now in
the green; See these now if market upturn holds with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
SINTEX 92 90 93 94 650
TVSMOTOR 169.50 166 172 174 350

Also watch ARVIND>219 and RCOM>130 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

15July(11:30) Mkt +ve & flat; No Suggest gave profit;
SINTEX Marginal; Watch YESBANK>532 TVSMOTOR>169
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:30am

Suggest Action - for LONG Comments
ARVIND This has remained flat and quiet;
Might turn around; But be careful
SINTEX In at 92; Out at 92.40 This is Marginal as of now; Chances are
there; But here also be careful
YESBANK See > 532 This is also quiet and flat since opening;
There can be some chances here also
RCOM This has shown a slight negative trend;
Low chances of recovery and profit
TATAPOWER This has not shown any prospects today;
Now it is falling; No chances here
TVSMOTOR See > 169 There was an initial surge that we missed;
But there is still chance for more

SINTEX has given Marginal profits in LONG following the levels we gave in our Update;
No other Suggest has done any good; TVSMOTOR gave a chance that we had missed;
Today's market is very good for Positional players as the Nifty has opened up and
stayed up there after opening; But for Intraday Traders, there is nothing here; We
want movement; Which is absent; There can be profits today if if the Nifty starts
to go up; Wait for Trigger to be crossed confidently before you enter;
Stay Away if you are not sure and certain.

The Nifty has managed to hold on to the opening gains and has stayed quiet, choppy
in the 7505-7525 band since morning; Nifty is at 7515 now, in the green; We expect
range-bound trading to continue, but be prepared for sudden downside; Be patient,
and careful in LONG; Take position only if you get a good, clear chance.

 


 

SMS-3

15July(12:30) Mkt in green; Going down; No Suggest gave
profit; All can turn up from present lows if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND This has now developed a slight negative bias
after being flat and quiet; Low chances now
SINTEX This was Marginally in profit; There is
chance now above 91 if upturn comes
YESBANK Like the others, there was a fall after
our last Update; Small chances here
RCOM The slight negative trend continues;
Low chances of recovery and profit
TATAPOWER This has become flat after the fall; There
can be some chance here after 104.50
TVSMOTOR This shows the best potential for profits
now after 169 if there is a turn around

Our Suggests have all gone down after our last Update, together with the general
market; We have not given any levels now as they are useless unless the general
market turns around; As we have said many times before, it is very risky to trade
in Intraday in LONG in such falling markets; But you can always get an off-chance;
Be very careful if you want to go in; Stay Away if you are not totally certain.

The Nifty took a fall from 7510-level down to 7460 after our last Update; Reasons
unknown; Support at 7480 was breached but new Support was found at 7460, on the
line; The Nifty is at 7465 now, in the green, and has not been able to break the 7460
Support after several tries and it is still holding; We hope the Nifty will bounce
back from here and remain in the green; As before, be prepared for sudden
downsides; Be very careful in LONG now; Stay Away if you are not sure.

 


 

SMS-4

15July(2:30) Mkt in green; Range-bound; No Suggest gave profit;
None look good for LONG now; All can profit from present lows
if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND This is still flat and very choppy;
Low chances seen in this today
SINTEX Nothing after last Update; But there is still
chance in this above 91 in the last hour
YESBANK Like the others, there is chances here
if market turns up; Above 532
RCOM There is chance of recovery and profit
after 127 if market turns up
TATAPOWER Nothing till now; There is some chance
here after 104.50, as we had said before
TVSMOTOR This now shows the least potential for
profits; This is not likely to turn around

None of our Suggests have done anything after our last Update and the overall
market trend is still flat, choppy and uncertain; But we believe some good should
come now which can take our Suggests higher from present lows; But the going
will be risky; That is why we have not given any levels; But go by the
description given above; Stay Away if you are not sure and certain.

As we had expected, the Support at 7460 has held and the Nifty has bounced
back from there; Nifty just below 7500 now, at 7495, in the green; There is an
upward momentum and 7500 should be crossed at any time; External cues are
mixed as Asia is closing mostly green but Europe is mostly trading in the red as
Portugal's troubles are not really over; The Rupee is still above 60 at 60.0950;
Even then, we expect some upside to come after this, and Nifty to hold the
7500 level at closing today; Take position in LONG only if you get a good,
clear chance; Stay Away if you are not sure; Today we will close green.

 


 

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