IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 01-Aug-2014


 

SUGGESTS:

 

HDIL

 

IDEA

 

IRB

 

ALSO SEE:

ALBK

HINDALCO

PFC

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 Friday, 01-Aug-2014

SMS Pre-Market

Suggests: HDIL IDEA IRB;
Also See: ALBK HINDALCO PFC;
Valid for date: 01-Aug-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7760, 7810, 7840, 7890, 7940;
NIFTY Support levels are: 7700, 7670, 7630, 7610, 7580;

 

Pre-Market Alert: 9:15am

A negative opening is expected for our markets today, tracking down global
cues; Yesterday, Indian markets ended in the negative zone as the Nifty fell
nearly -1 per cent marking its biggest single-day fall in nearly 2-1/2 weeks as
foreign investors' sales and expiry of July derivatives weighed on blue-chips;
Overnight, US stocks ended lower and S&P500 posted its worst daily fall since
April and its first monthly drop since January, as US economic data sparked
concern the Federal Reserve could raise interest rates sooner than some have
expected; Asian markets, except China, are trading in the red today morning;
At home, we expect a gap-down opening below 7700 today; There is Support
at 7670-7660, and then at 7630; These might be tested today; 7750 will
be the first target on the up-side; 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 60.5550; WTI Crude is at $98.17

 


 

SMS-1

01Aug(10:00) Gap-down openng; Going Flat;
See IDEA>161 PFC>272.50;
Watch HDIL>94 HINDALCO>192;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Gap-down opening for the Nifty today, below 7700, around 7660; The
Nifty is deep in the red, around 7675 now, trying to recover; By this time
two of our Suggests could have already given you some profits following
PricePoints; IDEA should have been in at 159 and out at 160; If still in,
Hold IDEA>161 with a StopLoss of 157; Also, PFC should have been in at
271 and out at 272.50; We expect the Nifty to continue with the slight
positive bias seen and improve position; See these if market upturn
continues with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
IDEA 161 157 162 163 370
PFC 272.50 270 275 278 220

Also watch HDIL>94 and HINDALCO>192 if upsurge
continues now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

01Aug(11:00) Mkt in red; +ve bias; IDEA HINDALCO gave profit;
Hold IDEA>162 HINDALCO>194 if in; Watch HDIL>94
PFC>272.50 if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HDIL See > 94 This has been choppy and quiet; But
there is slight positive bias; Wait & Watch..
IDEA In at 159, Out at 161.50
Hold>162, SL-159
Slow but steady positive bias right from
opening; Good chances for more profits
IRB This has been flat and choppy since
opening; Might give profits later
ALBK This is also choppy and uncertain; There is
chance here if Nifty upsurge strengthens
HINDALCO In at 192, Out at 193.70
Hold>194, SL-192
Profits are coming in jerks and spurts;
Be careful if you are holding
PFC In at 271, Out at 272.50
See > 272.50
Shown profits had come earlier; Flat and
choppy now; Good chances of turn up again

3 of our Suggests could give some profits till now, following PricePoints and the
levels we gave in our last Update; General market conditions are improving and
we are hopeful that our Suggests will do a good job today; Be careful of sudden
downsides as is mandatory at such high levels; Stay Away if not sure.

The Nifty has maintained the slight positive bias we saw in the last Update; At
7690 now; Approaching the psychological level of 7700; This will be difficult
to cross; Support of 7670-7660 has also held strong; We feel that the Nifty
will trade just below 7700 for some time and some trigger will be required to
take it above that level later in the day; Be prepared for sudden profit
booking downsides at such high levels; Stay Away if you are not
confident of taking position in LONG.

 


 

SMS-3

01Aug(12:30) Mkt in red; +ve bias; 4 Suggests gave profit;
Hold HDIL>95 ALBK>125; All can profit more if
mkt upturn holds; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HDIL In at 94; Out at 94.75
Hold>95, SL-93
Expected profits have come; More is
possible if market upturn holds
IDEA Out at 162 This has flattened out after 162;
Below 161 now; Can still go up
IRB Still flat and choppy; This has disappointed
so far today; Might give profits later
ALBK In at 122, Out at 124.50
Hold>125, SL-121
Upsurge in the Nifty has pulled this up;
More profits can come if Nifty progresses
HINDALCO Out at 194.50 Like IDEA, the progress has suddenly
stopped; Flat around 192 now; Uncertain
PFC Nothing after last Update; Flat and choppy
around 270; Wait & Watch ...

Our Suggests are doing well together with the Nifty; There can be more, but be
careful about sudden down-turn; Do not risk profits already made; Stay Away
if you not sure of what you are doing.

The Nifty is doing well and has progressed above 7700; July HSBC Manufacturing
PMI has hit a 17-month high, at 53 vs 51.5 in June, and this has come as the
trigger that has pushed the Nifty past 7700; But the Nifty is still in the red,
at 7710 now; World markets are un-supporting, all in the red; The Rupee is still
very weak at 60.7950 now; Under such circumstances, we expect the Nifty to
keep within a range and maybe rise slightly from here into the green;
Do not risk profits already made; Stay Away if you are not sure.

 


 

SMS-4

01Aug(2:30) Nifty falling fast; -ve bias; ALBK added profit;
No Suggest looks 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
HDIL No further progress; This has taken
a fall together with the Nifty
IDEA Same here; Falling from 162; Can still
go up if the Nifty turns up
IRB We missed some profits from a sudden
spurt some time back; Can turn around again
ALBK Out at 125.50 This is the only one to give profits even
as the Nifty fell; More profits possible
HINDALCO Progress had suddenly stopped; Then went
down; Might turn up if the Nifty turns up
PFC Started going down after being flat and
choppy for some time; Low chances now

It is time to pack our bags and leave for the day; None of our Suggests look good to
add any further profits at this time; Although we say there is chance for more profits
in LONG if the Nifty turns up, it is unlikely to come, as the Nifty is set to fall
further down; So, be careful; Do not risk profits already made.

Instead of rising and going into the green, the Nifty has suffered a big fall after
our last Update; The Nifty is at 7640 now, down from 7715; Already 75-points down
and more downside is expected; Support of 7670-7660 was breached rather easily;
Next Support at 7630 is being tested now; We are not sure how long this will hold;
Further Support is at 7610, and even this is in doubt; Markets around the whole world
are in the red; No help from there; The Rupee is also in deep trouble above 61, and
is at 61.1100 now; We now fear whether 7600 will be breached by the Nifty at
closing today; For Intraday in LONG now, do not take position unless you get a
very clear chance; Stay Away if you are not sure; Do not risk profits
already made; Today we will close red.

 


 

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