IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 26-Aug-2014


 

SUGGESTS:

 

ARVIND

 

DISHMAN

 

ITC

 

ALSO SEE:

HEXAWARE

ORIENTBANK

TVSMOTOR

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 Tuesday, 26-Aug-2014

SMS Pre-Market

Suggests: ARVIND DISHMAN ITC;
Also See: HEXAWARE ORIENTBANK TVSMOTOR;
Valid for date: 26-Aug-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7930, 7950, 7970, 8000, 8040;
NIFTY Support levels are: 7880, 7860, 7830, 7780, 7760;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected for our markets today following
mixed Asian cues; Yesterday, despite a positive start and making a high
of 7968.25 in intraday, Nifty ended the day with a marginal loss hit by
Supreme Court's ruling on coal allocations blocks as illegal; There was
huge selling pressure in metal and power stocks; Overnight, US stocks
ended flat, but still managed to close at a record high; Asian shares are
trading mixed today morning, but key markets are in red; For our market
today, we expect cautious trading as selling pressure in steel and power
stocks would continue and cap any upside gains in the first half of the
session; Further, Expiry of August derivative contracts on Thursday will
add some volatility from here onwards; But overall mid-term bias is still
positive; First Support is now at 7880, and below that 7840-7830 is
strong Support zone; On the upside, the main target for the rest of the
week will be to hold position above 7900 and re-gain 7950 if possible;
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 60.5225; WTI Crude is at $93.35

 


 

SMS-1

26Aug(10:00) Gap-down openng; +ve and choppy;
See DISHMAN>162.50 ITC>353.50;
Watch ARVIND>279 TVSMOTOR>175.50;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-down opening for the Nifty today, around 7880; After opening, the
Nifty has started to go up choppily and is now at 7910, in the green; There
is a slight positive bias; Meanwhile, ARVIND could have already given
some profits in LONG following PricePoints; ARVIND should have been
in at 277 and out at 279; See these if market upturn continues now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 162.50 159 165 167 360
ITC 353.50 350 356 358 160

Also watch ARVIND>279 and TVSMOTOR>175.50 if upsurge
continues now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

26Aug(11:00) Mkt choppy & flat; On the line;
TVSMOTOR gave profit; Hold TVSMOTOR>181 if in;
All other old levels valid now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND In at 277, Out at 179
See > 279
Going flat & choppy around 277;
There can be some chance here
DISHMAN See > 162.50 There is a slight downward slant
in this now; Can turn up later
ITC See > 353.50 A chance came after opening that we
could not catch; Stuck at 352 now
HEXAWARE Here also, a very sharp chance had
been missed; Very flat now around 161
ORIENTBANK Gone down steadily after opening; May
turn up from a low of 272; Watch this
TVSMOTOR In at 175.50, Out at 180.50
Hold>181, SL-178
This has given expected profits, and
there is more to come; Hold, with care...

2 of our Suggests have given some profits till now; There is hope for more, but
the overall market position is flat and choppy, with no direction - this can be risky
for Intraday Trading in LONG; Be very careful now; Wait for triggers to be crossed
with confidence before taking position; Exit with minimum profits;
Do not take unnecessary risks.

The Nifty has been flat and choppy around the line since the last Update; Nifty
at 7910 now, in the green, fluctuating around the line; Just above the 7900-
level; Asian markets are still mixed, but key markets have gone into the red; The
Rupee is steady at 60.5050; We expect the Nifty to carry on with range bound
trading in the 7890-7920 zone till we get some trigger; Do not lower
your guard; Be careful in LONG; Wait for triggers to cross confidently
before taking position; Exit with minimum profits; Avoid risks.

 


 

SMS-3

26Aug(12:30) Mkt in red; Choppy; TVSMOTOR added profit;
Watch ARVIND>278 TVSMOTOR>183.50 if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND See > 278 This has taken a fall till 273 from 277;
Turning around now; Can be some chance
DISHMAN Slight downward slant is still there;
Low chances seen here now
ITC This still looks flat and choppy
with no direction; Can turn up later
HEXAWARE Continues to be flat and choppy around
161; Low chances seen here now
ORIENTBANK Banks have diappointed since last few days;
But there is chance here; Watch this
TVSMOTOR Out at 183.50
Hold>183.50, SL-179
This has given some more profits;
There can be more, but be careful...

Just like yesterday, 2 of our Suggests have given adequate profits till now; There is
hope for more, but the overall market position is going down; Intraday Trading in
LONG in such markets is risky; If you have made any profits from ARVIND and/or
TVSMOTOR today, consider closing shop and going away now; Do not risk
profits already made; Do not take unnecessary risks.

The Nifty has been falling slowly from the line at 7905 after our last Update, and
has hit the bottom of the range we had given, at 7880, a few minutes back; Nifty
is at 7885 now, in the red; 7900-level has been lost; Asian markets are closing
mostly red; Europe is opening mixed, but key markets are in the red; The Rupee
is holding at 60.5450; And ceasefire violations by Pakistan will be discussed
by service chiefs in New Delhi today; Overall, there is not much support for
the Nifty from outside; We expect range bound trading to continue, but the
range may come down a little; Support at 7880 is still holding; Some upside
is expected later; 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

26Aug(2:30) Mkt in red; Flat & Choppy; TVSMOTOR added
profit; Hold TVSMOTOR>186.50 if in; No other looks
good for LONG; Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Could not recover from the fall till 273;
Low chances seen now; Avoid this
DISHMAN This is showing signs of a late
turn-around; This can be watched
ITC This has remained flat and choppy with
no direction throughout the day; Avoid
HEXAWARE This has started to fall now;
This should be avoided today
ORIENTBANK Banks have not done anything in the
last few days; But this can turn around
TVSMOTOR Out at 186.50
Hold>186.50, SL-182
More profits have come; This has given
fantastic profits today; There can be more

Other than TVSMOTOR, no other Suggest has been able to give any profits in LONG
after our last Update; TVSMOTOR has been fantastic today; At this time, DISHMAN and
ORIENTBANK also look good, but we have not mentioned them as we feel it is best to
Stay Away now; Specially if you have made some profits today; Do not risk
profits already made; Do not take unnecessary risks.

As we had expected, the Nifty has remained range-bound after our last Update, but
the range has come down by 20-points from 7880-7910 to 7860-7890; Nifty is at
7880 now, in the red; Support at 7880-7860 is still in place; And is likely to hold for
the day; There is more Support at 7830; There is no change in world markets: Asia
is closing mostly red; Europe is mixed with key markets in red; The Rupee is holding
at 60.4850; Range-bound trading should continue, but some upside is still expected
before closing today; It may not be strong enough to take the Nifty into the green,
but 7900-level may be held intact at closing, we hope; 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