IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 28-July-2014


 

SUGGESTS:

 

HINDUNILVR

 

PETRONET

 

RANBAXY

 

ALSO SEE:

ALBK

ASIANPAINT

RCOM

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, 28-July-2014

SMS Pre-Market

Suggests: HINDUNILVR PETRONET RANBAXY;
Also See: ALBK ASIANPAINT RCOM;
Valid for: 28-July-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7810, 7840, 7900, 7940;
NIFTY Support levels are: 7770, 7750, 7720, 7670, 7640;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected for our markets today, tracking
mixed global cues; Last Friday, Indian markets ended in the positive zone
for the second consecutive week; but the Nifty gave up initial gains, that
included another life-time high intraday level of 7840.95, and closed in
the red after 8 consecutive up-days; US stocks ended lower in a broad
consumer discretionary-led selloff on Friday after Visa and Amazon, two
closely watched bellwether names, reported disappointing results; Asian
shares are trading mixed at this time, after opening positive; Back home,
this is a truncated week as we are closed tomorrow due to Ramzan Id;
Plus, the F&O expiry is on Thursday, July 31, and Consumer Price Index
(CPI) data for Industrial Workers will also be announced on that day; We
expect a rise in volatility in the coming days as traders will adjust position;
Some downside may also come; However, the Nifty is still looking buoyant
on the charts with a good chance of holding above the 7650 level in the
coming days; As always, be alert for sudden profit booking downsides;
Pick a few stock to follow, carefully, and then follow them diligently;
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 60.1100; WTI Crude is at $102.09

 


 

SMS-1

28July(10:00) Flat openng; Going Flat & Choppy;
See HINDUNILVR>665 ALBK>121;
Watch PETRONET>188.50 RCOM>134;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today also, around 7790; The market is flat and
choppy after opening, and the Nifty is around 7785 now, in the red; We
expect range bound trading for some time now; Some upside is coming
later today; See these if market upturn comes with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HINDUNILVR 665 655 669 675 90
ALBK 121 118 122 123 490

Also watch PETRONET>188.50 and RCOM>134 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

28July(11:00) Mkt -ve; Going down; No Suggest gave profit;
Hold RCOM>134 if in; Watch ALBK>120 ASIANPAINT>640
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HINDUNILVR Has gone down till 655 after opening;
Turning around now; Chances after 665
PETRONET This has also fallen, and is going down
further; Low chances seen here at this time
RANBAXY This has flattened out at 580;
There can be chances here later today
ALBK See > 120 This has turned around after making a
bottom at 117.50; Chances seen here
ASIANPAINT See > 640 Chances for profits seen here after
640; But be careful of sudden downside
RCOM In at 134
Hold>134, SL-132
Hold, if you have taken entry; Otherwise
wait till 134.50 foe entry; Chances seen here

All our Suggests, except HINDUNILVR and PERTONET, are going against the general
market trend; While this gives chances for profits in LONG, you have to be careful
of sudden downsides; This kind of situation is risky for Intraday Trading in LONG;
Stay Away if not sure.

The Nifty has fallen after our last Update and has hit a low of 7750, down from
7790; The Nifty should pause here a bit and we do not expect any sudden fall from
here; There is good Support at 7750, and then more Support at 7720; Later,
there may be some more downside before the market flattens out;
Be careful - the day is uncertain today.

 


 

SMS-3

28July(12:30) Mkt in red; Going down; ASIANPAINT
gave profit; Watch RANBAXY>587; RCOM Marginal;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HINDUNILVR Choppy around 660; Turn-around has not
come as expected; Low chances after 663
PETRONET This has fallen further and is still going
down; Low chances seen here at this time
RANBAXY See > 587 Going choppy around 584;
There can be chances here after 587
ALBK Going down again; Down at 117.50 now; Low
chances seen here, unless turnaround comes
ASIANPAINT In at 640, Out at 644 Some profits came as expected;
Nothing more seen now
RCOM Marginal
at 134
There has been no progress with this
after last Update; Go Marginal here

Only ASIANPAINT gave some profits, and RCOM has got into trouble; Try and
limit your losses with RCOM; Be very careful in LONG today as the market
is still falling; Going LONG will be risky.

The Nifty has gone down further after our last Update, and is at 7740; The
Support at 7750 seems to be breaking now; There is more Support at 7720;
We expect the Nifty to go down till that and then level out; Asian markets are
turning green; Europe is expected to open mostly green; And the Rupee is doing
good at 60.0850 now; We expect the Nifty to fall slightly from here, and then
make an effort to climb back towards 7770 by end of the day; As before, be
prepared for sudden downsides; Stay Away if you are not sure.

 


 

SMS-4

28July(2:30) Mkt in red; HINDUNILVR gave profit;
RANBAXY RCOM Marginal; None good for LONG now;
All can profit if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HINDUNILVR In at 663, Out at 685 There was a sudden unexpected upsurge that
gave some profits; Can give more from here
PETRONET This has fallen even further and is still
going down; Low chances seen here
RANBAXY Has briefly touched the Trigger at 587;
Go marginal with this at present
ALBK This has become choppy and uncertain;
Chances seen here later today
ASIANPAINT Nothing more has come after last Update;
Can give more if overall market goes up
RCOM Still no progress with this after
last Update; Still very Marginal

Two of our Suggests have given ample profits on a day where the Nifty has gone
down; If you have been able to get some of these profits, it is better that you
stay away now; Unless the market turns back upwards; Even then,
be careful of sudden downside.

The Nifty Support at 7720 has worked; Till now, this Support has prevented the Nifty
from going down further; We expect this Support to hold for the day; Global markets
are mixed and uncertain; But the Rupee is holding good at 60.0650 now; For our
market, we go back to our previous stand: Support of 7720 will hold and we will
see some upside before closing today; But we cannot tell whether this upside will
be strong enough to take the nifty back into the green; That is doubtful; For
Intraday in LONG now, take position only if you get a clear chance;
Stay Away if you are not sure; Today we will close red.

 


 

Please also see our Today's Performance or Details page