IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 27-Aug-2014


 

SUGGESTS:

 

ARVIND

 

PETRONET

 

TVSMOTOR

 

ALSO SEE:

BHEL

DISHMAN

VOLTAS

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, 27-Aug-2014

SMS Pre-Market

Suggests: ARVIND PETRONET TVSMOTOR;
Also See: BHEL DISHMAN VOLTAS;
Valid for date: 27-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 gap-up opening and positive trading is expected for our markets today
following very good world cues; Yesterday was the second successive flat
and red closing for the Nifty in which 7900-level was held at the closing;
Though it remained under selling pressure for most of the session, some
recovery was seen towards the end of the day; Overnight, US stocks
edged higher to lift the S&P 500 just above the 2000 mark, its first close
above that milestone, after data that pointed to a brighter future for
the economy; Asian shares are trading mostly green today morning; For
our market today, we expect a slight gap-up opening followed by quiet
range-bound trading in the first half as intra-day volatility will be
seen with the Expiry of August derivative contracts tomorrow; Overall
mid-term bias is still positive and momentum upwards is strong; First
Support is still at 7880-7860 with next good Support at 7840-7830;
On the upside, the main target for the next two days will be to hold
position above 7900 and re-gain 7950; Friday is Ganesh Chaturthi;
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 60.4350; WTI Crude is at $93.86

 


 

SMS-1

27Aug(10:00) Gap-up openng; Flat & Choppy;
See PETRONET>185 TVSMOTOR>193;
Watch DISHMAN>159 VOLTAS>245;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

30-point gap-up opening for the Nifty today, around 7935; After opening,
the Nifty has remained flat and choppy around the 7940-level, in the green;
There is no bias seen at present; See these if market upturn comes now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PETRONET 185 183 187 188 320
TVSMOTOR 193 190 195 198 310

Also watch DISHMAN>159 and VOLTAS>245 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

27Aug(11:00) Mkt +ve & flat; No Suggest gave profit;
Watch TVSMOTOR>193 DISHMAN>158.50 VOLTAS>244
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND Gone down and has been choppy at 275;
There can be some chance here after 278
PETRONET Going flat and choppy around 184;
Can turn up later
TVSMOTOR See > 193 Going very flat after opening; Around
190.50 now; Can turn up later
BHEL There can be some chance here after
235; Very choppy now around 234
DISHMAN See > 158.50 Had gone down sharply after opening;
Choppy now around 157; Watch this
VOLTAS See > 244 Flat and quiet around 242;
Can give profits after 244

None of our Suggests have any good till now today; There is hope, and there is time,
but a lot of patience is required; The overall market position is not very conducive
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 with a slight negative bias since the last Update;
Nifty at 7935 now, in the green; Asian markets are doing very well with some hitting
6-year highs; The Rupee is steady at 60.4750; We expect the Nifty to carry on with
range bound trading in the 7925-7945 zone with slight negative bias till we get
some trigger; Do not get impatient; Be careful in LONG; Wait for triggers to
cross confidently before taking position; Exit with minimum profits; Avoid risks.

 


 

SMS-3

27Aug(12:30) Mkt in green; Slight -ve bias; No Suggests
gave profit; Watch PETRONET>185 DISHMAN>158.50
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Flat and choppy; Had just touched 278
once; No power; Watch, but be careful
PETRONET See > 185 Bottom formed at 181.50; But upward
journey stopped at 184; Watch this
TVSMOTOR Still going very flat after opening;
Still at 190 now; Can turn up later
BHEL This has been going down steadily;
At 228 now; Can turn around from here
DISHMAN See > 158.50 Holding steady at 157 for quite some
time; This can turn up; Watch this
VOLTAS Bottom formed at 240, it seems;
Can give profits after 243

None of our Suggests have given any profits till now today; There is hope, and there
is still some time, some more patience is required; The overall market position has
been going down; You may still get your chance, but be very careful now; Wait for
triggers to be crossed with confidence before taking position; Exit with minimum
profits; Do not take unnecessary risks; Remember, it is better to go blank,
without profits, rather than getting into a loss.

The Nifty has been falling slowly from the 7935-level after our last Update, and
has come down 10-points to 7925 a few minutes back; The slight negative bias
continues; The Nifty is back at 7935 now, in the green; Asian markets are still
doing very well; But Europe opening is uncertain with key markets expected to
open in red; The Rupee is steady at 60.4150; We expect the Nifty to carry on with
range bound trading in the 7925-7945 zone with slight negative bias till we get
some trigger; Local Support has been created at 7925; We feel there will be some
upside today also towards the end; Be watchful in LONG; Stay Away if you are
not confident of taking position in LONG; Do not take undue risks.

 


 

SMS-4

27Aug(2:30) Mkt in green; Flat & Choppy; No Suggest
gave profit; None look good for LONG now; All can
profit from present lows if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Very flat and very quiet at 276; But
there is every chance of a sudden upside
PETRONET Upward slant took the price up and
just touched 185 once; No scope now
TVSMOTOR Going very flat and quiet, still
around 190; No scope now
BHEL This has become flat and quiet at 229;
But can still turn around from here
DISHMAN This also has just touched our level at
158.50 briefly; Did not proceed; Avoid
VOLTAS Very choppy around 241;
Low scope seen here now

None of our Suggests have given any profits till now today; Looks like we will go blank, without any profit today; That is far better than going into a loss;
Do not take unnecessary risks; Stay Away if you are not fully confident.

As we had expected, the Nifty has remained range-bound after our last Update,
in the 7925-7945 zone; The Nifty is at 7940 now, in the green; Support at 7925
is holding, and a slight positive bias has developed; Asian markets are still
doing very well; Europe is mixed with some key markets in the red; The Rupee is
steady at 60.4155; We expect the Nifty to carry on with range bound trading in
the 7925-7945 zone and give a spurt right at the end to close around 7950;
Unless we get some trigger to sharply go either up or down; In any case, we
should be able to hold on to 7900-level, which is what we said in the pre-
market Alert today; For Intraday in LONG now, do not take any undue
risk; It is best to Stay Away if you are in doubt; It is better to go
profit-less, rather than go into loss; Today we will close green.

 


 

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