IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 25-Aug-2014


 

SUGGESTS:

 

ADANIENT

 

RELCAPITAL

 

UNIONBANK

 

ALSO SEE:

HEXAWARE

HINDALCO

RANBAXY

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, 25-Aug-2014

SMS Pre-Market

Suggests: ADANIENT RELCAPITAL UNIONBANK;
Also See: HEXAWARE HINDALCO RANBAXY;
Valid for: 25-Aug-2014; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7930, 7950, 7980, 8000, 8040;
NIFTY Support levels are: 7900, 7880, 7860, 7820, 7780;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening is expected for our markets today following
mixed Asian cues; The Nifty had given a closing above 7900 last Friday
but was largely range-bound for the third successive day of trade; The
Benchmark is now expected to go up higher and test 7950 and 7980;
On Friday last, Wall Street and other stock markets paused, halting the
week's strong gains, as worsening Ukraine tensions dogged trading, as
the dollar rose after Fed Chair Janet Yellen said policymakers eyeing
interest rate hikes need to move cautiously; Asian shares were trading
mixed today morning with China and HongKong down; At home, there can
be good momentum today as the 7900-level was crossed after 4 sessions
being just below it; However, there are no domestic cues and if global
situation around Ukraine worsens, the Nifty can be pulled down today;
First Support is now at 7900, and below that 7860-7850 is a strong
Support zone; On the upside, we are in new territory but on paper,
the 7950-7980 zone might become a ceiling in near-term; 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 60.4750; WTI Crude is at $93.65

 


 

SMS-1

25Aug(10:00) Gap-up openng; Going good;
See ADANIENT>508 RANBAXY>658;
Watch UNIONBANK>225 HEXAWARE>158;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-up opening for the Nifty today, around 7930; After opening, the
Nifty has gone up to touch another life-high at 7957; Since then, flat and
choppy trading has emerged around 7950; In the green; This 7950 will be
a difficult Resistance to cross; See these if market upturn continues now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIENT 508 502 512 516 110
RANBAXY 658 652 662 665 90

Also watch UNIONBANK>225 and HEXAWARE>158 if upsurge
comes again; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

25Aug(11:00) Mkt +ve & choppy; No Suggest gave profit;
Watch ADANIENT>508 HEXAWARE>158 RANBAXY>658
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ADANIENT See > 508 Going flat & choppy around 506;
There can be some chance here
RELCAPITAL There is a slight downward slant
in this; Can turn up later
UNIONBANK This is also going down now, after
an initial burst; May turn around later
HEXAWARE See > 158 Looks good at this time; Initially had
gone down; Can give profits today
HINDALCO Gone down from 184 after opening; Flat and
choppy at 180 now; Can turn up from here
RANBAXY See > 658 Looks like a bottom has been formed at
648; Can give profits from here

None of our Suggests have done any good as of now; But there is still time today;
All Suggests can turn up from present lows if the overall market turns up now; But
we are already on a big high now with the Nifty at life-high; Be very careful in
LONG; Wait for triggers to crossed with confidence before taking position;
Exit with minimum profits; Be ready for sudden downsides at such high levels.

Another new record intraday life-time high has been set by the Nifty today at
7957.70 in the first upsurge after opening; Since then, we have seen flat and
choppy trading around the 7950 area; But the bias is still positive; Asian
markets are still mixed, but the bias is positive there also; The Rupee is
good at 60.4450; As we said before, Nifty 7950 is a strong Resistance to
cross but it looks as if we will cross this now; As before, do not lower
your guard; Be careful in LONG; Wait for triggers to cross confidently
before taking position; Exit with minimum profits; Be ready for
sudden downsides at such high levels.

 


 

SMS-3

25Aug(12:30) Mkt in green; Going good; ADANIENT HEXAWARE
gave profit; Hold HEXAWARE>160.50 if in; Watch ADANIENT>515;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:45pm

Suggest Action - for LONG Comments
ADANIENT In at 508, Out at 515
See > 515
Gave expected profits; Going down now;
But there can be more here later today
RELCAPITAL This has flattened out now around 575;
Can turn up for profits after 577
UNIONBANK This is also found a bottom, it seems; May
turn around later for profits after 222
HEXAWARE In at 158, Out at 160.50
Hold>160.50, SL-157
Gave good profits; Looks good for more;
But is flat and choppy around 160 now
HINDALCO Gone down and more down from 184 after
opening; Flat at 179 now; Avoid now
RANBAXY Here also, looks like a bottom has been
formed at 648; Can give profits from here

2 of our Suggests have done good and given adequate profits; There is still time; You
can get more today if you are patient; Overall market is going great guns; However,
if you have made good profits from ADANIENT and/or HEXAWARE already, consider
closing shop and going away now; Do not risk profits already made; Be ready
for sudden downsides at such high levels.

Yet another new record intraday life-time high has been made by the Nifty
after our last Update, at 7966.30; Nifty at 7960 now, in the green; Bias is still
upwards; Asian markets are mostly in the green; Europe is expected to open
mostly green; The Rupee is steady at 60.4450; Thus, outside support is OK;
But the ruling BJP is trailing in the by-polls of Bihar and Punjab, and this
is preventing a run-away rally in our market; Nifty Resistance at 7950
has been crossed; Next Resistance is at 7980 which will be tested
now; Be watchful in LONG; Stay Away if you are not confident of
taking fresh position; Stay Away if you are already in profit.

 


 

SMS-4

25Aug(2:30) Mkt in green; Choppy; No Suggest gave profit;
No Suggest looks good for LONG now; Best to Stay Away
in last hour if u r in profit; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIENT All Suggests going down now;
Best to avoid trading in LONG now;
Best to Stay Away
RELCAPITAL
UNIONBANK
HEXAWARE
HINDALCO
RANBAXY

None of our Suggests have been able to add any profits since the last Update; Most
have started to fall rapidly, in keeping with the general market trend; Only
HEXAWARE and RANBAXY look good to add any profits at this stage, but we
have not mentioned them as we feel it is best to Stay Away now; Specially
if you have made any profits today; Do not risk profits already made.

Our market has started to fall rapidly from 7960 level after our last Update;
Nifty is at 7935 now, still in the green; But we feel there is more downside
to come in the last hour; Asian markets are mostly in the green; Europe is also
mostly green; The Rupee is steady at 60.4850; Thus, what we see now is profit
booking at such high levels; This was bound to come at some stage and experts
say this is healthy for the general health of the market; However, how far down
we will go is the question now; There is Support at 7900 and then at 7880,
which should hold; For Intraday in LONG now, 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 flat/red.

 


 

Please also see our Today's Performance or Details page