IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 30-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, 30-July-2014

SMS Pre-Market

Valid for: 30-July-2014; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7760, 7810, 7840, 7900, 7940;
NIFTY Support levels are: 7720, 7700, 7670, 7630, 7610, 7580;


Pre-Market Alert: 9:15am

A flat-to-negative opening is expected for our markets today, tracking
mixed global cues; Last Monday, Indian markets ended in the negative zone
for the second consecutive day, with the Nifty going down below 7750 as
profit booking continued on a day of low volumes due to the impending off
day on Tuesday; Overnight, US stocks ended lower in a broad selloff as
a weak outlook from courier company UPS weighed on sentiment; Asian
shares are trading mixed at this time as investors await for the key US
data as well as a US Federal Reserve meeting that some believe might
result in a more hawkish policy outlook; At home, we expect profit booking
to continue but the Nifty Support at 7670 should hold for the day; First
Support is at 7720, and below 7670, there is more Support at 7630;
On the upside, 7760 has to be crossed confidently for the Nifty to go up
towards 7800 again; F&O expiry tomorrow, and Consumer Price Index (CPI)
data for Industrial Workers, also to be announced tomorrow, will be important
inputs; We expect the Nifty to get into range bound trading between
7720 and 7770 for the most part today; 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 upside continues;
INR-US$ is at 60.1700; WTI Crude is at $100.97




30July(10:00) Flat openng; Choppy;
Watch RANBAXY>585 RPOWER>93.50;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Slight gap-down opening for the Nifty today, around 7735; The market is
choppy after opening, and the Nifty is around 7740 now, in the red; We
expect range bound trading for some time now in the 7730-7770 range;
See these if market upturn comes with supporting volumes:

Name See
to buy
HINDUNILVR 682 675 687 695 85
AMTEKAUTO 257 254 259 262 230

Also watch RANBAXY>585 and RPOWER>93.50 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




30July(11:00) Mkt -ve & choppy; 3 Suggests gave profit;
if in, and if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
HINDUNILVR In at 682, Out at 687
Hold>685, SL-680
Going up after initial fall; Good chances
of more profits here today in LONG
RANBAXY In at 585, Out at 586.50
Hold>587, SL-582
Here the progress is more choppy and
slow; But there are chances here also
RPOWER This is turning around after an initial
fall; Might give profits later today
ALBK This has been very choppy and uncertain
since opening; Low chances seen here
AMTEKAUTO In at 257, Out at 258
Hold>258, SL-254
Some progress was made; Then nothing;
Be careful of sudden downside if holding
JPASSOCIAT This is also very choppy and uncertain
since opening; But might give profits later

2 of our Suggests have good potential today if the general market conditions improve;
While this will give chances for profits in LONG, you have to be careful of sudden
downsides as is mandatory at such high levels; Stay Away if not sure.

The Nifty has remained range-bound after our last Update in the 7730-7750 range;
First Support at 7720 is shifted to 7730 and is acting strong since opening today;
We expect these conditions to continue for some time; Some movement will definitely
come today, but in which direction, up or down, we are not very certain as of now;
Both are possible; Be careful - the day is uncertain today also.




30July(12:30) Mkt red; -ve bias; HINDUNILVR RANBAXY
gave profit; Hold HINDUNILVR>690; Others can profit
if mkt turns up; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
Hold>690, SL-685
Upward bias is still seen; Going against
overall market trend; So, be careful...
RANBAXY Out at 596 The sudden progress has stopped;
Going down now; But more can come later
RPOWER Flat and choppy and uncertain; This is the
story since opening; Wait till later today
ALBK Low chances seen here as this has
started to fall; Best to avoid this
AMTEKAUTO Still nothing; Do not hold; This has become
flat and uncertain; Wait for later today
JPASSOCIAT From choppy and uncertain, this has taken
a fall; But might still give profits later

HINDUNILVR is giving profits against the trend; JPASSOCIAT and RPOWER can give
profits from present lows if market turns up; The going is not easy; Stay Away
if you have already made some profits today; Do not risk your profits now.

The Nifty has remained in a range, as we said in our earlier Update, but a slight
negative bias seems to be developing now; Support at 7730-7720 is still holding;
But we are not sure how much longer this will hold; Nifty is at 7730 now; Asian
markets are still mixed; Europe is expected to open mostly red due to sanctions
against Russia; But the Rupee is holding at 60.1775; And the good moves by the
govt to attract foreign investment in single-brand retail seems to have no effect;
We expect the Nifty to fall slightly from here, but not very much below 7720;
Then, a turn around will come; Stay Away if you are not sure;
Do not risk profits already made today.




30July(2:30) Mkt in green; +ve bias; HINDUNILVR ALBK
gave profit; HINDUNILVR>700 ALBK>121 good for more
in LONG if upsurge holds in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
See > 700
Good profits have come; There is scope for a
second innings now; But be careful as this is
going against the trend today
RANBAXY Nothing more, inspite of the great upside
in the Nifty; But, there is still hope
RPOWER Same here: no improvement inspite of great
recovery in the market; There is hope here also
ALBK In at 119, Out at 120.50
See > 121
We told you to avoid this, but chance came
following PricePoints; There can be more
AMTEKAUTO Still nothing; Inspite of improvement
all around; Choppy and uncertain
JPASSOCIAT This might still give profits in
the last hour; But be careful...

Our Suggests have not been able to give any profits arising out of the recovery in
the nifty, with the exception of ALBK; HINDUNILVR was going good, in any case,
but it was against the trend; Chances are, HINDUNILVR will continue to go against
the trend and start to fall now; So, be careful; Do not risk profits already made.

The Nifty Support at 7720 has worked, once again; The Nifty has bounced back from
7710 and has already progressed up by more than 60-points to touch 7775 into
the green; We expect more upside to come in the last hour; Global markets are
still not supportive with Asia closing mixed and Europe all in red; But the Rupee is
still holding at 60.1350; The govt move on attracting foreign investment together
with better e-commerce prospects from Flipkart and Amazon India have opened
the gates, it seems; First Nifty target of 7760 has been crossed confidently;
The next target of 7800 will be approached before closing today; But will be
difficult to cross; For Intraday in LONG now, take position only if you
get a clear chance; Stay Away if you are not sure; Do not risk
profits already made; Today we will close green.



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