IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 22-Aug-2014


 

SUGGESTS:

 

BANKINDIA

 

HINDPETRO

 

RANBAXY

 

ALSO SEE:

ARVIND

CAIRN

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 Friday, 22-Aug-2014

SMS Pre-Market

Suggests: BANKINDIA HINDPETRO RANBAXY;
Also See: ARVIND CAIRN UNIONBANK;
Valid for: 22-Aug-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7920, 7950, 7980, 8000, 8040;
NIFTY Support levels are: 7860, 7820, 7780, 7760, 7730;

 

Pre-Market Alert: 9:15am

A positive opening is expected for our markets today following robust
Asian cues; The Nifty is expected to go up beyond 7900 after opening;
Yesterday, the Nifty inched higher towards 7900 and closed at 7891
adding 15 points to its value after being range-bound for the second
successive day of trade; Overnight, US stocks ended higher as existing
home sales jumped to a 10-month high and initial jobless claims dropped
sharply, painting a picture of an economy that is slowly improving; Now
all eyes are on Federal Reserve Chair Janet Yellen's speech on Friday
at a policymakers' meeting in Jackson Hole which could provide clues
on the timing of an interest-rate hike; Asian shares were trading higher
today on good expectations; At home, new highs will be set again today
as we expect the Nifty to capture the 7900-level in closing today; This
closing has been eluding us for the last four sessions; First Support is
still at 7860-7850, and as mentioned earlier, a fall below 7780-7760
will be trend reversal and will bring in a sizeable correction; 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 60.5000; WTI Crude is at $93.96

 


 

SMS-1

22Aug(10:00) Gap-up openng; Going Flat;
See ARVIND>260 UNIONBANK>221;
Watch BANKINDIA>296.50 HINDPETRO>472;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-up opening for the Nifty today, around 7910; After opening, the
Nifty has gone up to touch another life-high at 7924.90; Since then, flat and
range-bound trading has emerged; Nifty at 7915 now, in the green; Range-
bound trading should continue now; See these if market upturn comes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 260 257 262 264 230
UNIONBANK 221 216 223 225 270

Also watch BANKINDIA>296.50 and HINDPETRO>472 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

22Aug(11:00) Mkt +ve & flat; 2 Suggest gave profit;
Hold ARVIND>261 UNIONBANK>222;
Watch BANKINDIA>297 RANBAXY>635
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BANKINDIA See > 297 This looks good from the start;
There can be some chance here
HINDPETRO This is going flat and choppy
around 470; Can turn up later
RANBAXY See > 635 This had gone down initially; May turn
around now; There can be chances here
ARVIND In at 260, Out at 261
Hold>261, SL-257
A small chance came and gave profits;
Nothing now; Can give more later
CAIRN Was flat initially, then started
to fall; Low chance seen here
UNIONBANK In at 221, Out at 222
Hold>222, SL-218
So far, this is the best candidate to
give profits today; Be careful...

Our Suggests continue to be slow and shaky; Mainly because the overall market is
uncertain; Even if record highs are being set; Be very careful in LONG; Wait for
triggers to crossed with confidence before taking position; Exit with minimum
profits; Sudden downsides that can come anytime at such high levels.

New record highs are being set repeatedly by the Nifty today; Twice already; A
slight positive bias is also seen; But it does not have strength; Asian markets
are turning mixed; The Rupee is doing good at 60.4300 now; Nifty 7920 is a
strong Resistance to cross and has been the blocker many times before; Looks
as if we will cross this now; But do not lower your guard; Be careful in LONG;
Stay Away if you are not confident of taking position in LONG.

 


 

SMS-3

22Aug(12:45) Mkt in green; Choppy; RANBAXY UNIONBANK
gave profit; Hold RANBAXY>648 if in; No other looks
good now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:45pm

Suggest Action - for LONG Comments
BANKINDIA Just touched 297; Did not cross confidently;
Does not look good now; Can improve later
HINDPETRO This has started to fall after being
flat and choppy; Low chances here
RANBAXY In at 635, Out at 648
Hold>648, SL-640
This has given handsome profits;
There can be more here
ARVIND Out at 261.40 Nothing after the initial burst;
Can give more later
CAIRN This is going down, down;
Low chance seen here in LONG
UNIONBANK Out at 223 Not much has come from here; More was
expected; There can be chances later

Our Suggests continue to be uncertain, with the exception of RANBAXY, and to
some extent, UNIONBANK; Overall market situation is also choppy and uncertain;
Be very careful in LONG, in entering and in holding; Exit with minimum
profits; Sudden downsides that can come anytime at such high levels.

The Nifty is very choppy, but is holding on to positive territory and a level
above 7900; At 7905 now; The slight positive bias seen last time is gone now;
Asian markets are mostly green; Europe is expected to open on a cautious note;
The Rupee is holding at 60.4630 now; Nifty Resistance at 7920 is still
intact; It has only moved to 7930; Be careful in LONG; Stay Away
if you are not confident of taking position in LONG.

 


 

SMS-4

22Aug(2:30) Mkt green; +ve bias; No Suggest gave profit;
HINDPETRO>466 RANBAXY>648 UNIONBANK>223 good for
LONG if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKINDIA This has gone nowhare today;
Does not look good anymore
HINDPETRO See > 466 This has started to climb up from a low
of 458; Some chances here after 466
RANBAXY See > 648 You have to be very careful in not
risking profits already made here
ARVIND Nothing after the initial burst;
Not worth tracking anymore now
CAIRN Has flattened out at 326, after falling
rapidly; Not worth tracking anymore
UNIONBANK See > 223 This also is uncertain and risky;
Be very careful if you trade here now

Our Suggests are still uncertain; No one is worth tracking with confidence at
this time; If you have made any profits today, it is best that you close shop
and go home now; Overall market is also very uncertain where it will close;
Best to Stay Away now.

The Nifty is still very choppy, and is holding on to 7900-level; However, the
the way things are going, we are not certain whether we will get a closing above 7900 even today; Asian markets are mostly green, but Europe is trading mostly
in the red; The Rupee is holding at 60.5150 now; Nifty Resistance at 7930 is
still intact; For Intraday in LONG now, as we said above, it is best to Stay
Away from such a market; It is best to avoid any further trading if you are
in profit; Do not risk profits already made; Today we will close green.

 


 

Please also see our Today's Performance or Details page