IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 17-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 Thursday, 17-July-2014

SMS Pre-Market

Valid for: 17-July-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7650, 7680, 7710, 7730, 7780;
NIFTY Support levels are: 7580, 7550, 7520, 7480, 7450;


Pre-Market Alert: 9:15am

Our markets are likely to open on a flat note with a positive bias tracking mixed
global cues; Yesterday, the Nifty ended with +1.3% gains after RBI took some
positive action to boost growth in the infrastructure and housing sectors; US
stocks ended higher last night with the Dow closing at a record high, boosted
by the latest merger news and some strong corporate earnings; Asian equities
gained on opening today morning, lifted by another record-high close on Wall
Street, but are trading mixed now; Back home, TCS and Bajaj Auto Q1 results
will be keenly watched by investors today; We expect a slight positive bias
in trading today and the Support at 7580 should hold; Next strong Support
is at 7530-7520; 7680 is the first target for the Nifty now; Pick which stocks
to follow carefully; 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 $101.20




17July(10:00) Flat openng; Going Flat;
Watch IDFC>161 BHEL>244;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Flat opening for the Nifty today, around 7620; The Nifty has been flat and
quiet after opening today; Nifty at 7630 now in the green; No bias is seen;
See these now if market upturn comes now with supporting volumes:

Name See
to buy
ADANIPORTS 289 285 292 294 200
HINDALCO 185 182 187 190 320

Also watch IDFC>161 and BHEL>244 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




17July(11:00) Mkt +ve & flat; None gave profit;
Hold ADANIPORTS>289 IDFC>161 BHEL>244 if in;
Watch APOLLOTYRE>188 HINDALCO>185 if mkt turns up;
See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
Hold>289, SL-285
Trigger has been hit, but there is no progress
after that; Go Marginal if market doesn't go up
APOLLOTYRE See > 188 This had gone down after opening; Going
flat now; But there are chances seen here
IDFC In at 161
Hold>161, SL-158
Here also, Trigger has been hit but no
progress; Go Marginal if market doesn't go up
BHEL In at 244
Hold>244, SL-241
Same again; Trigger hit; No progress;
Go Marginal if market does not go up
HINDALCO See > 185 This is chances here for profits
if general market opens up
JPASSOCIAT This is going down after being flat for
some time; Low chances of profits here

The situation at present with our Suggests is not good as several Triggers have been
hit but there has been no progress after that; We fear that there are chances of going
into loss with some of these today; So, be careful and go Marginal with these, if
possible; The situation might change if the Nifty starts to go up; But holding will
be more risky if the market starts to fall; Be very careful today ...

The Nifty has stayed quiet, flat and choppy in the 7620-7650 band since morning
after opening flat today; Nifty is at 7640 now, in the green; We expect range-
bound trading to continue, but be prepared for sudden downside; Be
careful in LONG today; Chances are there for loss today ...




17July(12:30) Mkt green; Choppy; HINDALCO gave profit;


Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Out at 287.50
Gone into Loss
Trigger was hit; No progress after that;
Gone into loss; Might recover later after 287
APOLLOTYRE No progress after last Update; Going flat
now at 185.50; Low chances seen here
IDFC Out at 161
This has given chance for going Marginal;
But there are chances of profits here
BHEL Out at 243.50
Not much progress here also, but there was
chance to go Marginal; Can give profits now
HINDALCO In at 185, Out at 186.50
Hold>187, SL-184
Some profits have come and there is scope
for more if general market opens up
JPASSOCIAT This is now going flat and very choppy;
Low chances of profits seen here

As we had feared today, one Suggest has gone into loss after our last Update; Two
others have been able to come out Marginal, and one has given some profits; As of
now, there is scope of profits in some of these if the general market goes up;
But trading in LONG in Intraday in today's market is still very risky;
Stay Away if you are not sure.

The Nifty has remained flat and choppy around the line since opening today; Range
has been 7615 to 7645; There are no local inputs that can change market direction,
up or down; There is no support from global sources as Asia is mostly in the red and
Europe is also expected to open mostly red; The Rupee is also slightly down now at
60.1150; Range-bound trading should continue for some time, but we feel we will get
some upside later today that will take the Nifty towards the Resistance of 7680;
As before, be prepared for sudden downsides; Stay Away if you are not sure.




17July(2:30) Mkt in green; Flat & Choppy; 2 Suggests gave profit;
good for more; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS In at 287; Out at 288.40
Marginal Confirmed
This has remained flat and choppy;
Not much is expected from this
APOLLOTYRE In at 187, Out at 192.50
See > 193
We didn't give any levels for this; Profits
came via PricePoints; Good chances for more
IDFC Marginal Confirmed This has given another chance for going
Marginal; Not much chances of profits here
BHEL Marginal Confirmed This has also given another chance for going
Marginal; Not much chances of profits here
HINDALCO Out at 188
See > 189
More profits have come as per expectation;
There is still scope for more here
JPASSOCIAT This is still going flat and very choppy;
Low chances of profits seen here

The 3 Suggests that had caused alarm till the last Update, have confirmed their
Marginal position; Not much is expected from them now; HINDALCO has emerged as
the star performer of today, and there is still chance for more; More can also come
from APOLLOTYRE that was initially unexpected; But be warned, this market is still
very flat and choppy and direction-less; This situation is generally very risky
for Intraday Trade in LONG; Stay Away if you are not sure and certain.

The Nifty has stayed in the 7620-7655 range since our last Update; The market
remains the same, only that the upper limit has gone up to 7655 form 7645; An
expected upside came after the last Update, taking the Nifty up from 7620 to
7655, but there was no strength, and the Nifty is now back at 7635-level, in
the green; Global support is still weak as Asia is closing mostly in the red and
Europe is also all red; But the Rupee is still holding at 60.1050; At this time,
we feel the Nifty will do good if it can give a green closing today; And we
still hope we will get some upside before closing around 7650 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 flat/green.



Please also see our Today's Performance or Details page