IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 21-Aug-2014


 

SUGGESTS:

 

BHEL

 

PTC

 

RANBAXY

 

ALSO SEE:

CEATLTD

HEXAWARE

ZEEL

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 Thursday, 21-Aug-2014

SMS Pre-Market

Suggests: BHEL PTC RANBAXY;
Also See: CEATLTD HEXAWARE ZEEL;
Valid for date: 21-Aug-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7890, 7910, 7940, 7980, 8000;
NIFTY Support levels are: 7860, 7820, 7780, 7760, 7730;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected for our markets today following
down Asian cues; The Nifty is expected to go flat after opening today;
Yesterday, our market had opened gap-up to yet another life-high, but
gave up the gains and went flat throughout the day, finally closing in
the red after 6 days of gains; US stocks came off their day's highs to
end firm on Wednesday after the US Fed indicated that it is likely to
raise interest rates soon; Asian shares are trading lower today morning
after a HSBC survey showed weaker-than-expected Chinese manufacturing
data; At home, the pause we had expected yesterday, had come but is
not likely to stay; We expect index to carry a slight positive bias
today and re-try a 7900-level closing that has been eluding us for
the last three sessions; First Support is at 7850, and as mentioned
earlier, a fall below 7780-7760 will be trend reversal and will
invite heavy selling; Such a big fall in not expected; Carefully
pick one or two stocks to track, and then follow them; 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 60.7180; WTI Crude is at $96.07

 


 

SMS-1

21Aug(10:00) Flat openng; Going Up;
See BHEL>232.50 PTC>90.50;
Watch RANBAXY>630 HEXAWARE>163.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today, around 7875; After opening, the Nifty
has developed a slight positive bias and has climbed up to 7890; At
7892 now, in the green; The Nifty is expected to go towards 7900 with
a break now; See these if market upturn strengthens with volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHEL 232.50 229 235 237 250
PTC 90.50 89 91 92 660

Also watch RANBAXY>630 and HEXAWARE>163.50 if upsurge
strengthens now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

21Aug(11:00) Mkt +ve & good; RANBAXY gave minimum profit;
Watch RANBAXY>632 CEATLTD>586 HEXAWARE>162.50
now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL Some profits came before our 1st Update,
that we could not catch; Choppy after that
PTC This is going flat around 89.50 right
from opening; Can turn up later
RANBAXY In at 630, Out at 632.50
See > 632
A very small chance came following
our level; There can be more here
CEATLTD See > 586 Here also, a short upsiade came early that
we could not catch; Can give chances later
HEXAWARE See > 162.50 Looked good initially, then started to
fall; There is chance here after 162.50
ZEEL This is going down, down, down...

Like in the last few days, our Suggests are going slow - and not really following
general market trends; This is a disturbing factor today; Time to be extra careful;
Wait for trigger to crossed with confidence before taking position; Get out with
minimum profits; Sudden downsides that can come anytime at such high levels.

The Nifty has maintained a steady positive bias - with slight pauses - right from
opening bell; Has breezed past 7900 and touched near-7920 a few minutes ago;
At 7910 now; Very good chances now of creating another life-time intraday high
that stands at 7922.70 created yesterday; There is no outside help as Asia is
mostly in the red, Europe opening is uncertain and the Rupee is at 60.7250; But
the tinkering with GST by the govt seems to be a step in the right direction, and
is being liked by the market; Nifty 7910-7920 is a strong Resistance to cross;
Unfortunately, our Suggests are not in sync today; Be careful in LONG;
Stay Away if you are not confident of taking position in LONG.

 


 

SMS-3

21Aug(12:30) Mkt in green; Choppy; No Suggest gave profit;
Watch RANBAXY>632 ZEEL>295 if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Still choppy and uncertain;
Not much prospects seen in this now
PTC There was a fall till 88.20 after being
flat around 89.50; Still uncertain
RANBAXY See > 632 There can be more here, we feel,
after 632; There is still chance
CEATLTD A bottom is created, it seems, at 572;
Might turn up from here; Wait & Watch
HEXAWARE This also seems to have formed a bottom at
158, but prospects here are not very bright
ZEEL See > 295 Here a bottom has been formed at 291;
Some chances seen here after 295

As we said in our last Update, we repeat: our Suggests are not really following
general market direction; This is a disturbing factor as we cannot be sure which
way it will go; Time to be extra careful; Do not take big bets; Wait for trigger
to be crossed with confidence before taking position; Get out with minimum
profits; Stay Away if you are not confident of your actions.

The Nifty was not able to make history, and create another life-time intraday high
as we had expected; Instead, it has come down from the day's high of 7920 right
down to the line, and is at 7880 now, just barely in the green; Some more down-
side can be expected; Nifty Resistance at 7910-7920 still holds strong, and the
First Support at 7860 will now be tested; Asia is closing mostly in the red, but
Europe has opened fully green; The Rupee is still holding at 60.7950; We do not
see a very big drop for the Nifty and a recovery towards 7900 can be expected
later; Unfortunately, our Suggests are not in sync today; Be careful in LONG;
Stay Away if you are not confident of taking position in LONG.

 


 

SMS-4

21Aug(2:30) Mkt in green; Choppy; RANBAXY gave profit;
ZEEL Marginal; RANBAXY>648 PTC>89.50 good for LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Not much prospects seen in this
even in last hour; Avoid
PTC See > 89.50 Turned around from a low of 87; At 89 now;
Can give some chance, but be Careful ...
RANBAXY Out at 648
See > 648
Good profits have come from our levels;
There can be more here
CEATLTD Nothing is happening here;
Best to avoid this now
HEXAWARE Same here - nothing happening;
Best to avoid this now
ZEEL Marginal at 295 The top was created at 295; Prices fell
from there; Try and go Marginal here

RANBAXY has given some profits, and that is the only Suggest that is worthy of
tracking at this time; No other Suggest looks good, not even PTC; Even with
RANBAXY, be very careful and do not risk profits already made; Stay Away
if you are not confident of your actions.

The Nifty has played out exactly as we had predicted -- Support at 7860 has
held and the index has bounced back from there and gone into the green, in an
attempt to reach 7900, which was almost touched a few minutes ago; Nifty is
at 7895 now; In the green; Going choppy with slight positive bias; Global
situation is unchanged, with Asia closing mostly in the red, and Europe all
in the green; The Rupee is still holding at 60.7155; We feel that the Nifty is
capable of giving a closing above 7900 today; For Intraday in LONG now,
Go Away -- it is best to avoid any further trading if you are already in
profit; Do not risk profits already made; Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page