IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 20-Aug-2014


 

SUGGESTS:

 

ADANIPORTS

 

HDIL

 

TATAMOTORS

 

ALSO SEE:

BHEL

LICHSGFIN

YESBANK

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, 20-Aug-2014

SMS Pre-Market

Suggests: ADANIPORTS HDIL TATAMOTORS;
Also See: BHEL LICHSGFIN YESBANK;
Valid for: 20-Aug-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7910, 7940, 7980, 8000, 8050;
NIFTY Support levels are: 7880, 7850, 7820, 7780, 7760;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected for our markets today following
muted Asian cues; The Nifty is expected to go downwards after opening;
Yesterday, our market went up for the sixth straight day following firm
global cues; The Nifty crossed the psychological barrier of 7900 on the
opening tick but closed marginally lower in a flat and range-bound day
to end at fresh record closing highs on the back of aggressive buying by
institutional investors; Overnight, US stocks ended higher boosted by
robust housing data and strong earnings from Dow components; Asian
shares are trading mixed today morning; At home, we expect index to
take a pause in the next few sessions but stock specific move would
continue; Good Resistance has come in at 7920, which will be difficult
to surpass in the near term; First Support is at 7880, but the next
one at 7850 is likely to be tested today; A fall below 7780-7760
will be trend reversal and will invite heavy selling; Such a big fall
in not expected; Carefully pick your one or two stocks to track,
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 60.8700; WTI Crude is at $94.48

 


 

SMS-1

20Aug(10:00) Gap-up openng; Going Choppy in red;
See HDIL>99.50 LICHSGFIN>301.50;
Watch TATAMOTORS>520 YESBANK>578;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Gap-up opening for the Nifty today, above 7900; After opening, the Nifty
has touched another life-time high of 7922.70; But the index fell very
quickly from there to touch a low of 7880; This is the First Support
today; Nifty around 7890 now, in the red, fluctuating between 7885
and 7895; Trying to recover; ADANIPORTS and LICHSGFIN could have
already given you some profits in LONG after opening; ADANIPORTS
should have been in at 291 and out at 292.50; LICHSGFIN should have
been in at 300 and out at 301; If still in, Hold LICHSGFIN>301.50 with
StopLoss at 298; Or, See these if market upturn comess with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HDIL 99.50 97 101 102 600
LICHSGFIN 301.50 298 303 304 190

Also watch TATAMOTORS>520 and YESBANK>578 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

20Aug(11:00) Mkt -ve & choppy; YESBANK gave small profit;
Watch ADANIPORTS>293 TATAMOTORS>520 now if mkt
turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIPORTS See > 293 Some profits came before our 1st Update;
There can be more after 293
HDIL This is going down; Low chances seen
here now; Can turn around later
TATAMOTORS See > 520 This seems to have turned around from
516; Chances seen after 520
BHEL Nothing in this as of now; But can
give chances later, after 229
LICHSGFIN Some profits came before our 1st Update;
There is more chance after 301.50
YESBANK In at 587, Out at 580 There can be some more chances here
after 580; But be careful with this

Like yesterday, our Suggests are going slow; There was an initial burst, then
nothing; The Market also fell in the meantime; But things are turning around now;
Be very careful, wait for trigger to crossed with confidence, and be ready for
sudden downsides that can happen anytime at such high levels.

The Nifty has taken a fall after our last Update; Support at 7880 is technically
still intact although it was crossed once just now and the Nifty touched a low of
7870; Nifty is at 7880 now, in the red; There is good possibility that we will
recover from here; Asian markets, except South Korea, are all in the green; Even
South Korea is marginally red; But Europe is expected to give a muted opening;
The Rupee is holding steady at 60.7300; Range-bound trading for the Nifty in
the 7870-7900 band is what is expected by us today; Be careful in LONG;
Stay Away if you are not confident of taking position in LONG.

 


 

SMS-3

20Aug(12:30) Mkt in red; Flat; Range-Bound; 3 Suggests
gave profit; Hold ADANIPORTS>297 LICHSGFIN>303
if in; No other looks good for LONG now; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Out at 297
Hold>297, SL-292
Some more profits have came after our
last Update; There can be more here
HDIL This has turned around after going down;
But the momentum is not strong
TATAMOTORS This has taken a day off today;
There can be chances later
BHEL 2 sudden surges have come today, both were
sudden and sharp; Could not catch them
LICHSGFIN Out at 302.70
Hold>303, SL-299
Some more profits have came; We have said
'Hold', but not much scope is seen here
YESBANK Out at 581 Here also, not much chances seen now;
Can turn around later today

Not much chance is seen for more profits from our Suggests any more today; Even for
ADANIPORTS; No matter what we write above; Unless the Nifty turns up; Be careful
and watchout for sudden downsides; If you have made any profits today, it is
best to Stay Away and go home now.

The Nifty has remained flat and range-bound in the 7870-7900 band, exactly as
we had expected; Nifty at 7885 now, in the red; Global scene is still the same;
The Rupee is also holding at 60.6050; Range-bound trading for the Nifty
should continue; And we might see some upside before closing today; A new
life-time high in intraday has already been created today, another life-time
closing high is in the making, we feel; Be careful in LONG in such high
market; Stay Away if you are not confident of taking position in LONG;
Stay Away if you are already in profit today.

 


 

SMS-4

20Aug(2:15) Mkt in red; Flat & Choppy; No Suggest gave
profit; No Suggest gave profit; None good for LONG now;
All can profit if mkt turns up; See Site -INTDAY

 

Update-4: 2:15pm

Suggest Action - for LONG Comments
ADANIPORTS None look good for LONG now;
All can give profits from present lows
if the market turns up
HDIL
TATAMOTORS
BHEL
LICHSGFIN
YESBANK

As we said before: not much chance is seen for more profits from our Suggests
any more today; Market has also remained flat and dull; Best to Stay Away now;
Specially if you are already in profit.

The Nifty has remained flat and range-bound in the 7870-7900 band, exactly as
we had expected; Nifty at 7875 now, in the red; We still expect some upside
before closing today; But when it will come and how strong it will be, is
difficult to tell; We still hope a new life-time closing high will be made today;
Whether we close above 7900, is again the question today; 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 flat/red.

 


 

Please also see our Today's Performance or Details page