IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 13-Aug-2014


 

SUGGESTS:

 

EXIDEIND

 

INDIACEM

 

PFC

 

ALSO SEE:

IOC

RCOM

UNIONBANK

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, 13-Aug-2014

SMS Pre-Market

Suggests: EXIDEIND INDIACEM PFC;
Also See: IOC RCOM UNIONBANK;
Valid for date: 13-Aug-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7750, 7790, 7840, 7890, 7940;
NIFTY Support levels are: 7690, 7660, 7630, 7600, 7560;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening and held-back trading is expected for our markets
today, following disappointing CPI inflation and IIP data released after
market hours yesterday; Absence of supportive cues from global peers is also
another reason; Yesterday, the Nifty registered its best gain in 10 weeks as
it surged over 7700 with ease in the final hour; However, the market was flat
and choppy and uncertain till about 2:30pm; The US markets closed in the red
last night after making gains for two-successive sessions; Asian markets are
witnessing a rangebound session today morning; At home, inflation and IIP
were disappointing - CPI inflation in July has gone up to 9.36% as compared
to 8.05% in June; India's IIP in June slipped to 3.4% vs 4.7% in May; Analysts
are of the view that RBI will continue to keep the interest rates unchanged
as it fights to bring down inflation; All this points to a session of cautious
trading in the markets today; Some profit booking downside is expected, but
we feel that there will be range bound trading in the 7710-7750 area and the
Nifty may remain subdued near the higher end of trading range; Primary task
will be to hold 7700 for the Nifty today; Carefully 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 61.2500; WTI Crude is at $97.37

 


 

SMS-1

13Aug(10:00) Flat openng; +ve bias;
See INDIACEM>112 IOC>352;
Watch EXIDEIND>164.50 PFC>273.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat, slight gap-down opening for the Nifty today, around 7720; After
opening, the Nifty has been flat and choppy in the 7730-level and is
slowly developing a slight positive bias now; Nifty at 7740, in the
green; See these if market upturn comes with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
INDIACEM 112 109 113 114 530
IOC 352 345 356 360 170

Also watch EXIDEIND>164.50 and PFC>273.50 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

13Aug(11:00) Mkt +ve & flat; No Suggest gave profit;
Hold INDIACEM>113 if in; Watch IOC>350
RCOM>126.50 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
EXIDEIND This has started to go down;
Low chances seen here today
INDIACEM In at 112, Out at 112.70
Hold>113, SL-110
Gave Marginal profits; This is also
going down now; Let's Wait & Watch
PFC Going down rapidly; Nothing here until
this can turn around; Wait & Watch
IOC See > 350 This seems to have reached a bottom;
Can turn around from 345
RCOM See > 126.50 Going down rapidly now, but might turn
around to give some profits
UNIONBANK This fell to 191 and seems to be turning
around from there; There can be chances here

All our Suggests are falling now, in tune with general market conditions; But all
have the capability to give profits in LONG from present lows if it can turn around
and go upwards; We will have to wait patiently for that situation to come; Do not
be in a hurry to enter; You have to wait for Trigger to be crossed confidently
before taking any position today.

The Nifty was doing well, trading flat and quiet in the green in the 7750-area,
when a sudden fownside came a few minutes ago to drag it down to the line at
7725; Nifty on the line now with 7720 acting as Support; Asian markets are totally
mixed; The Rupee is a little down at 61.2300; There are no domestic cues; There
is not much to expect from the Nifty at this time; But we do not expect a huge,
big fall for the Nifty from here; Be careful in LONG in such uncertain
market; Stay Away if you are not confident of taking
position in LONG.

 


 

SMS-3

13Aug(12:30) Mkt in green; Going Flat; None gave profit;
Watch IOC>350 RCOM>124.50 UNIONBANK>193 if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
EXIDEIND Flat and Choppy now;
Avoid if does not turn up
INDIACEM Gave Marginal profits; Nothing after that;
Avoid this also if no upturn comes
PFC This looks like turning up now;
Wait and Watch
IOC See > 350 Old level stands; Going flat now;
Wait and Watch
RCOM See > 124.50 Looks like a bottom has been reached
and this will turn up now; Wait and Watch
UNIONBANK See > 193 There is still chance of turning around
from 191; There can be chances here

None of our Suggests are performing today; But there is still chance if the overall
market turns up; Do not be in a hurry to enter; You have to wait for Trigger to be
crossed confidently before taking any position today.

Again, the Nifty is doing well by holding position in the green and not falling on
profit taking; Nifty at 7740 now; Asian markets are still mixed; But Europe is
expected to open in the green; The Rupee is still a little down at 61.2350; There
are no domestic cues; All-in-all we are still hopeful that we will get an upturn
for the Nifty before closing today; But too much inactivity might have a negative
effect; Be careful in LONG in such uncertain market; Stay Away if you are
not confident of taking position in LONG.

 


 

Please also see our Today's Performance or Details page