IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 11-Aug-2014


 

SUGGESTS:

 

BHARTIARTL

 

HEXAWARE

 

TVSMOTOR

 

ALSO SEE:

ADANIPORTS

CROMPGREAV

PETRONET

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, 11-Aug-2014

SMS Pre-Market

Suggests: BHARTIARTL HEXAWARE TVSMOTOR;
Also See: ADANIPORTS CROMPGREAV PETRONET;
Valid for: 11-Aug-2014; For LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7590, 7640, 7680, 7720, 7750;
NIFTY Support levels are: 7540, 7520, 7480, 7450, 7420;

 

Pre-Market Alert: 9:15am

A gap-up opening and positive trading is expected for our markets today,
following positive Asian cues; Last Friday, the Nifty had given a flat and
indifferent display that opened 60-point gap-down and ended at 3-week
low as global sell-off spread after US President Barack Obama authorised
air strikes against Islamic militants in northern Iraq; US stocks ended
higher last Friday, on news that Russia was ending military drills near
the Ukrainian border, while investors overlooked US air strikes in Iraq;
Asian shares are trading higher today morning with Japan and Hong Kong
trading over +1 per cent higher; At home, Nifty level of 7600 is likely to
be re-gained today; Keeping the global and domestic conditions in mind,
experts feel, negative bias is likely to continue and any technical bounce
can be only for short durations; For our part, we expect an upturn to come
with Nifty-7500 as the base; That base may have already been created
last Friday, and today's first target would be to hold 7600 and go towards
7650; In case of a decline below 7500 the upside bias would be negated;
Pick a few stock to track, and then follow them constantly and 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 61.1300; WTI Crude is at $97.65

 


 

SMS-1

11Aug(10:00) Gap-up openng; Flat;
See TVSMOTOR>180 ADANIPORTS>270;
Watch BHARTIARTL>378 CROMPGREAV>198.50;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Big, 60-point gap-up opening for the Nifty today, around 7630; The Nifty
is going flat and choppy above the 7600-mark, around 7615 now, deep in
the green; A slight negative bias may develop now; Meanwhile, TVSMOTOR
may have already given you some profits in LONG following PricePoints;
TVSMOTOR should have been in at 175 and out at 179; If you have missed
this, See these now if market upturn comes with supporting volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TVSMOTOR 180 176 182 184 330
ADANIPORTS 270 267 272 274 220

Also watch BHARTIARTL>378 and CROMPGREAV>198.50 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

11Aug(11:00) Mkt +ve & flat; No Suggest gave profit;
Several have just been touched; Old levels still valid
if mkt turns up now; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHARTIARTL Just touched 378 for a moment; Did not
cross the Trigger with confidence; Careful...
HEXAWARE This is going down; Low chances
of upside at this time
TVSMOTOR This is in a pause after initial surge;
Good chances of more profits here today
ADANIPORTS This has also just touched the Trigger at
270; Then went down; Careful with this
CROMPGREAV Flat and choppy at 197; Not much chances
seen at this time; Maybe later
PETRONET This is showing signs of going up; Chances
good if it crosses 175 with confidence

We have not given any fresh levels for any of our Suggests as none seem likely to
do anything soon; If the overall market improves, and the Nifty develops a positive
bias, old values will still be applicable; But be very careful today .. already
we have two Suggests that could have got into trouble.

The Nifty has done well and has come out of a possible negative bias; It is holding
today's opening gains and is trading flat and quiet above 7600; Around 7615 now;
Fluctuating in the 7600-7620 range; Asian markets are still doing very well with
Japan about +2.5% plus; China, HongKong, Taiwan are all over +1% in the green;
The Rupee is also doing very well at 61.1350 now; But there are no domestic
cues; Hence, range bound trading should continue, with maybe a slight
negative bias, unless we get some trigger; Be careful in LONG in such
uncertain market; Stay Away if you are not confident of taking
position in LONG.

 


 

SMS-3

11Aug(12:30) Mkt in red; Going Flat; TVSMOTOR added profit;
Hold TVSMOTOR>180 ADANIPORTS>270 CROMPGREAV>199
if in; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Taken a fall; Can turn around now;
Follow, but be cautious
HEXAWARE This had also taken a fall, but is turning
around now; May give something after 148
TVSMOTOR Out at 180.50
Hold>180, SL-177
Still flat and quiet;
Good chances of more profits here today
ADANIPORTS In at 270
Hold>270, SL-267
This has also got good chances of
going up and giving profits today
CROMPGREAV In at 198.50
Hold>199, SL-196
Trigger has been crossed but has got stuck
at 199; Go Marginal is no improvement
PETRONET Very flat and quiet;
Low chances seen here at this time

Three of our Suggests are doing good as of now; Be careful in holding as the overall
market situation has not improved very much; Neither is the situation all that bad;
So, keep a watch while holding; Take small, small profits and exit.

The Nifty is still doing very well and holding today's opening gains and position
above 7600; Around 7620 now; Fluctuating in the 7610-7625 range; Asian markets
are still doing very well and Europe is expected to open in the green; The Rupee
is at 61.2250, down a little; There are still no domestic cues; But the negative
bias we suspected last time, has not come; If the Nifty is able to hold these
present levels for some more time, we feel the Nifty will try one upward
breakout; Be careful in LONG in such uncertain market; Stay Away if
you are not confident of taking position in LONG;
Stay Away if you are already in profit.

 


 

SMS-4

11Aug(2:30) Mkt in green; Flat; 4 Suggests gave profit;
TVSMOTOR>182 still good for more profits in LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL An upturn has come, but there is no
strength in it; Follow, but be careful
HEXAWARE In at 148, Out at 149 This gave some expected profit;
Low chances of more profits here
TVSMOTOR Out at 182.50
Hold>182, SL-179
This is the winner for today;
Good chances of more profits here
ADANIPORTS Out at 272 This gave expected profits;
Not much more might happen here now
CROMPGREAV Out at 200 With this, some more profit can come
in the last hour; But be careful
PETRONET This has been very flat and quiet
throughout the day; Nothing expected here

Our Suggests have done good and given us the expected profits today; If you have
been able to get some of the profits shown above, it is best to close shop now, and
go home; Market situation is still not improved and this is not conducive to
Intraday Trading in LONG; So, Stay Away if you are already in profit;
Do not risk profits already made.

The Nifty has done very well today and, so far, has been able to hold today's
opening gains and position above 7600 quite successfully; The Nifty is around
7615 now; Still in the 7610-7625 range; Asian markets are closing green
and Europe is trading totally in the green; The Rupee is still down a little at
61.2400; In the domestic front, there is advance news that IIP (factory output)
might rise sharply in June, but inflation is still very high; As things stand now,
the Nifty is expected to hold current position above 7600 by closing today; Unless
we get any negative trigger; The upward breakout that we expected before closing,
does not look possible, we might see some downside instead; For Intraday in
LONG now, it is best to Stay Away if you are already in profit today;
Do not risk profits already made; Today we will close green.

 


 

Please also see our Today's Performance or Details page