IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 16-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 Wednesday, 16-July-2014

SMS Pre-Market

Valid for: 16-July-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7540, 7570, 7600, 7630, 7650;
NIFTY Support levels are: 7480, 7450, 7420, 7370, 7330;




16July(11:30) Mkt +ve & choppy; 2 Suggests gave profit;
Hold ARVIND>227 TATASTEEL>535; No other looks good now;
All can profit if mkt turns up; See Site -INTDAY


Update-2: 11:30am

Suggest Action - for LONG Comments
ARVIND In at 225, Out at 227
Hold>227, SL-223
This has given some chance following
PricePoints; There is chance for more
INDIACEM This has gone down after opening today;
Going flat now; Low chances seen here
PFC This has also fallen after opening and is
very flat now; Low chance here also
APOLLOTYRE This has shown a positive trend initially;
Flat now; But there are chances here
TATASTEEL In at 531, Out at 534.50
Hold>535, SL-530
This has given some profits as per
PricePoints; There are chances for more
VOLTAS This is going flat around 202 now, but there
is good chances here if mkt goes up

In the absence of our Updates today morning, members had to follow PricePoints to
get some profits in ARVIND and TATASTEEL; Market is flat and choppy; There can
be further profits today if the Nifty starts to go up again; But holding will be
risky if the market starts to fall; Stay Away if you are not sure and certain.

The Nifty has stayed quiet, flat and choppy in the 7540-7570 band since morning
after opening gap-up today also; Nifty is at 7555 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.




16July(12:30) Mkt in green; Choppy; No Suggest gave profit;
Watch ARVIND>227 TATASTEEL>534 VOLTAS>203.50
if mkt turns up; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND See > 227 This has some chance for more profits
now if the general market moves up
INDIACEM This was flat at our last Update; There
are some chances of profits developing now
PFC This is stuck at 280; Maybe, with slight
negative bias; Low chances seen here
APOLLOTYRE This is also stuck, but with a positive
trend, at 185; There are chances here
TATASTEEL See > 534 There is some upward movement seen from
a low of 529; Good chances for profits here
VOLTAS See > 203.50 Slight positive trend is seen; There is
good chances here if market goes up

Our Suggests have done nothing after our last Update, mainly because there is
nothing for the Intraday Trader in today's market; In fact, trading in situations
like this is risky in intraday in LONG; But you can always get an off-chance;
Be very careful if you want to go in; Wait for triggers to be crossed
convincingly; Stay Away if you are not totally certain.

The Nifty took a fall from 7565+ level down to 7530 after our last Update;
Trying to recover now; Nifty is at 7550, in the green; There is good Resistance
at 7570 that could not be crossed till now after several attempts today; Nifty will
take another try now; Similarly, there is Support at 7530-7540 which has held
strong today; Asian markets are improving and Europe is expected to open in
the green on good China data; The Rupee has also improved to 60.1455 now
after falling to 60.30 some time back; We hope the Nifty will keep on with the
positive momentum and cross above 7570; As before, be prepared for sudden
downsides; Be very careful in LONG now; Stay Away if you are not sure.




16July(2:30) Mkt in green; +ve bias; No Suggest gave profit;
if upsurge comes in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND See > 227 This still has chance for more profits
in last hour if the Nifty moves up
INDIACEM See > 107 There is an upward bias now, after our
last Update; Some profits can come
PFC The negative bias we saw last time, has
now become stronger; Low chances seen here
APOLLOTYRE This was stuck, but a positive trend was
seen after 185; There may be chances here
TATASTEEL See > 534 There is chance of a second innings here;
But be very careful in LONG
VOLTAS This has become very flat and the slight
positive trend is no longer seen

None of our Suggests have done anything after our last Update and the situation is
not likely to change very much in the last hour; Some Suggests look better than
others, and we have pointed these out; But be warned, this market is very risky
for Intraday Trade in LONG; Stay Away if you are not sure and certain.

Overall market trend is still flat, choppy and uncertain; Resistance at 7570 is
proving to be very difficult to cross; There isn't enough momentum in the Nifty
to go over this barrier confidently; Nifty is at 7555 now, in the green; Global
cues are still supportive as Asia is closing mixed and Europe is trading all in
the green; The Rupee is also recovering and is at 60.1050 now; So, all things
considered, we expect some upside to come after this, and Nifty to hold the
7550 level and proceed towards 7570 and 7600 at closing today; For
Intraday, take position in LONG only if you get a good, clear chance;
Stay Away if you are not sure; Today we will close green.



Please also see our Today's Performance or Details page