IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 21-July-2014


 

SUGGESTS:

 

KTKBANK

 

PETRONET

 

TATASTEEL

 

ALSO SEE:

CROMPGREAV

DISHMAN

EXIDEIND

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, 21-July-2014

SMS Pre-Market

Suggests: KTKBANK PETRONET TATASTEEL;
Also See: CROMPGREAV DISHMAN EXIDEIND;
Valid for: 21-July-2014; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7690, 7730, 7760, 7780, 7810;
NIFTY Support levels are: 7640, 7610, 7580, 7550, 7520;

 

Pre-Market Alert: 9:15am

Our markets are likely to open on a positive note tracking positive global
cues; Last Friday, the Nifty ended with good gains, 4th day in a row, holding
on to the 7600-level; However, gains were limited as global markets remained
under pressure after the downing of a Malaysian airliner at the Ukraine-Russia
border; On Friday, US stocks rebounded while Russian markets took a very big
hit; Asian markets have inched higher today morning as investors set aside
geopolitical concerns to focus on the generally upbeat flow of US corporate
earnings ahead of a host of results due this week; Volumes are light, however,
with Japan on holiday; Back home, in the absence of any major macro-economic
event on the domestic front, global cues and prevailing earning season will drive
the markets ahead; Short term momentum still remains intact; Nifty Resistance
at 7710-7730 will be tested early today, and will be difficult to cross; There is
good Support at 7640-7630; Some selling can come in if the nifty sustains
above 7700; Pick which stock to follow carefully, and then track 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 60.1900; WTI Crude is at $103.13

 


 

SMS-1

21July(10:00) Big Gap-up openng; Going good;
See KTKBANK>141.50 TATASTEEL>573;
Watch CROMPGREAV>213 DISHMAN>144.50;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Good 40-point gap-up opening for the Nifty today, above 7700; The Nifty
has maintained a slight positive bias after opening and is at 7720 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
KTKBANK 141.50 138 144 146 420
TATASTEEL 573 568 575 580 100

Also watch CROMPGREAV>213 and DISHMAN>144.50 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

21July(11:00) Mkt +ve & flat; No Suggest gave profit;
CROMPGREAV gone into loss; Watch KTKBANK>141.50
TATASTEEL>570 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
KTKBANK See > 141.50 We expected something from here; Nothing
till now; Maybe we'll get some upside later
PETRONET Not much was expected here since opening;
Has become flat now; Can go up from here
TATASTEEL See > 570 Here also, something was expected after
initial upside; But none has come till now
CROMPGREAV In at 213, Out at 211
Gone into Loss
This was unfortunate as the Trigger was hit
for an instant and gave no chance to recover
DISHMAN This got saved as the Trigger was just
missed; Both these may give profits later
EXIDEIND There was a fall after opening; Now flat and
choppy; Chances are there for profits later

CROMPGREAV might give chances to make good the losses, if the general market goes
up again; There is chance for that later today; But be careful as market is uncertain
and profit booking can always be expected at such high levels.

The Nifty has been flat and choppy around 7700 after a good opening; Unfortunately,
a slight negative bias is now seen to develop; This has taken the Nifty below 7700
and the index is at 7695 now; Profit booking might become stronger; There is some
local Support at 7680 and good Support at 7640; But we do not expect the Nifty
to fall very much below 7700, and we should see choppy and range-bound trading
between 7680 and 7720 now; As always, be prepared for sudden down sides;
Be careful in LONG - Chances are there for sharp movements.

 


 

SMS-3

21July(12:30) Mkt in green; Choppy; DISHMAN gave profit;
Hold DISHMAN>146 if in; Watch PETRONET>188 TATASTEEL>570;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
KTKBANK This has taken a fall and went down to 136;
Maybe we'll get some upside after 140
PETRONET See > 188 This has shown some upside after 185;
There is chance here after 188
TATASTEEL See > 570 Here also, there is chance of profits
after 570; No changes after last Update
CROMPGREAV An unfortunate spike gave us losses, that
is yet to be recovered; Maybe we can
DISHMAN In at 144.50, Out at 146
Hold>146, SL-142
After the near-save last time, now the
gains were managable; Chances for more
EXIDEIND This has remained flat and choppy;
Chances are there for profits later

Losses in CROMPGREAV have not been recovered as yet, while the other one in
danger - DISHMAN - gave some profits; Overall market is flat and choppy, so be
careful now, specially if the market starts to fall again; Best to Stay Away
and avoid trading if that happens.

The Nifty has remained flat and choppy around 7700 after our last Update, trading
within the 7680-7710 range; This is exactly what we had expected; No bias is
seen to develop; Direction will now depend on external factors; Asian markets are
trading mixed; Europe is also expected to open mixed; The Rupee is holding at
60.1950 after going down to 60.30; Under such circumstances, we do not expect
much movement if there are no outside inputs; Range-bound trading should
continue in that case; As before, be prepared for sudden downsides;
Stay Away if you are not sure.

 


 

SMS-4

21July(2:30) Mkt in green; Choppy; DISHMAN added profit;
Hold DISHMAN>148; Watch KTKBANK>139.50 TATASTEEL>567
CROMPGREAV>211 if upsurge comes; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
KTKBANK See > 139.50 This is showing some signs of upsurge after
hitting a low of 136; Maybe some chance here
PETRONET This has also taken a fall after last Update
and has become flat and quiet after that
TATASTEEL See > 567 We still think there is chance of profits
and we keep lowering the level; Let's see
CROMPGREAV See > 211 The losses have not been recovered; This is
the last chance today; Maybe we can do it
DISHMAN Out at 148
Hold>148, SL-144
Some more has come, as was expected;
There can be more in the last hour
EXIDEIND We have not mentioned anything about this till
now, but there is some chance above 160.50

Our Suggests are more-or-less following market trend today, and have taken a fall
after the last Update; Trying to recover now; There can be profits in the last hour if
the present uptrend holds; Be careful in LONG; Stay Away if you are not confident.

The Nifty had taken a fall from 7700-level to the Support at 7680; From there it
has bounced back and is at 7695 now, very much in the green; Local Support at
7680, as we had mentioned, has held strong and prevented the Nifty from falling
further; This was also as per our expectations; World markets are not supportive
with Asia closing mixed and Europe all in the red; The Rupee has also weakened
and is at 60.2575 now; At this time, for our market, there can be some more profit
booking downsides unless we get some good domestic trigger; It will be difficult
to hold 7700 level now; We expect a closing between 7680-7700 today; For
Intraday, take position in LONG, or hold, 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