IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 28-Aug-2014


 

SUGGESTS:

 

ARVIND

 

EXIDEIND

 

INDIACEM

 

ALSO SEE:

FEDERALBNK

IDEA

TATAMOTORS

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, 28-Aug-2014

SMS Pre-Market

Suggests: ARVIND EXIDEIND INDIACEM;
Also See: FEDERALBNK IDEA TATAMOTORS;
Valid for: 28-Aug-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7950, 7970, 8000, 8040;
NIFTY Support levels are: 7920, 7880, 7860, 7830, 7780;

 

Pre-Market Alert: 9:15am

A flat-to-positive opening and choppy trading is expected today from our
markets following mixed world cues, and F&O Expiry; Yesterday was the
third successive flat and choppy day that was disturbed right at the end
by the SC ruling on DLF; Even then, the Nifty managed to give a record
closing high; US stocks ended mixed on Wednesday with trading activity
seen in retailer stocks post their earnings annoucement; Asian shares
are trading firm today morning tracking overnight cues from Wall Street;
Japan and China are trading marginally lower; At home, the Expiry will
turn the market choppy in the second half, but in the first half the up
side momentum is quite strong after the sudden fall yesterday due to
DLF; The Nifty will definitely take a shot at 7950-7970 today; First
Support has been created at 7920-7910; More Support is at 7880;
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 60.3730; WTI Crude is at $93.88

 


 

SMS-1

28Aug(10:00) Gap-up openng; Going good;
Hold TATAMOTORS>530; See IDEA>161.50;
Watch ARVIND>278 INDIACEM>117;
For LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

Marginal gap-up opening for the Nifty today, around 7945; After opening,
the Nifty has developed a choppy positive bias that has been able to take
it up to 7967 already; The Resistance at 7970 has acted strong again
and the Nifty has come down from there; At 7960 now, in the green; In
the meantime, TATAMOTORS could have already given you some profits in
LONG following PricePoints; TATAMOTORS should have been in at 527 and
out at 529.80; If still in, Hold TATAMOTORS>530 with a StopLoss at
524; Otherwise, See these if market upturn strengthens now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAMOTORS 530 524 533 535 110
IDEA 161.50 158 163 165 370

Also watch ARVIND>278 and INDIACEM>117 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

28Aug(11:00) Mkt +ve & flat; 3 Suggests gave profit;
IDEA Marginal; Watch EXIDEIND>167 TATAMOTORS>532
again if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND In at 278, Out at 281 A very sudden and sharp chance was given
here; 'Hope you got some of this
EXIDEIND In at 165, Out at 166.50
See > 166.50
Here also the chance was sudden, but
more get-able; Can be more here
INDIACEM Going flat just below 116 after opening;
Can turn up later
FEDERALBNK This is also flat and choppy just below
122 since opening; Low chances seen here
IDEA In at 161.50
Marginal till now
Had gone down after hitting our Trigger;
But there can be chances here
TATAMOTORS In at 527, Out at 531.50
See > 531.50
This has started to come down now;
But can give more profits later

Some profits have already come from 3 of our Suggests, and there is a fourth that is
looking good; But overall market is not very conducive to Intraday Trading in LONG;
Be very careful now; Do not set your Terminal for auto-BUY at Trigger; Wait for
triggers to be crossed with confidence before taking position; Be satisfied today
with minimum profits and go home; Do not take unnecessary risks.

The Nifty has done very well since opening today; 7950 has been crossed and 7970
is under attack; Looks like we will get another life-time high today when we cross
7968.25; Nifty at 7962 now, in the green; Going flat and choppy, holding on to
the morning gains; Asian markets are mostly lower on cautious trade; The Rupee
is steady at 60.4075; We expect the Nifty to carry on with flat and choppy trading
until we get some trigger; Choppiness might increase and we might get bigger
ups and downs as today is Expiry; Do not get impatient; Be careful in LONG;
Avoid risks; Stay Away after you make your profits for the day.

 


 

SMS-3

28Aug(12:30) Mkt in green; Flat & Choppy; No Suggest
gave profit; IDEA Marginal; All can profit in LONG
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND A small upside seems to be coming now;
Keep a watch on this from old level
EXIDEIND Nothing after that initial burst;
Chances look dim at this time
INDIACEM A bottom seems to have formed at 113.50;
Can turn up from here; Can be watched
FEDERALBNK Here also, a bottom seems to have
formed at 120; Can be watched
IDEA Still Marginal at 161;
But there is still chance here
TATAMOTORS This is still going down slowly;
Chances look dim at this time

The general market position is flat and choppy; Some profits have already come
from some of our Suggests; If you have made some profits today, we will tell
you to be satisfied today with minimum profits and go home; Do not take
unnecessary risks.

The Nifty keeps doing well in holding to 7950-level; 7970 is proving to be a very
difficult Resistance to cross; Nifty at 7955 now, in the green; Market flat and
choppy, as can be expected on Expiry day; But some more ups and downs might still
come; Asian markets are mostly lower even now; Europe is expected to open mostly
in the red; The Rupee is steady at 60.4850; There are no outside trigger; We
expect the Nifty to carry on with flat and choppy trading just above 7950
until we get some trigger; Stay Away if you are not confident
of taking position in LONG; Do not take undue risks.

 


 

SMS-4

28Aug(2:30) Mkt in green; Flat & Choppy; ARVIND IDEA
added profit; ARVIND>285 IDEA>162 good for more in
LONG if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Out at 285.50
See > 285.50
Some more upside has come;
There can be more here
EXIDEIND Nothing after that initial burst
early on; Low chances seen now
INDIACEM There has been a slight negative bias
on this throughout the day; Avoid
FEDERALBNK Banks continue to disappoint; Flat
and choppy around 120; Avoid
IDEA Out at 162.40
See > 162
Has been able to come out of Marginal
state; There is still chance here
TATAMOTORS This has become choppy and direction-
less; Chances look dim for this

The general market continues to be flat and choppy; Our Suggests continue to
perform quietly; 2 more profits have come; We repeat: If you have made some
profits today, be satisfied today with minimum profits and go home;
Do not take unnecessary risks.

The Nifty continues to trade in a range, which earlier was 7950-7970, but
has now come down slightly to 7940-7965; And as can be expected on Expiry
day, the ups and downs have become more aggressive; Nifty at 7950 now, in the
green; However, it should be said that the Nifty has done rather well in holding on
to 7950-level, and holding the gains of the morning; There is no Support from
outside as Asian markets are still mostly red, while Europe is fully in the red;
The Rupee is however steady at 60.4855; We expect the Nifty to carry on
with range bound trading around the 7950-mark and finally give a closing
around there today; For Intraday in LONG now, do not take any undue
risk; It is best to Stay Away now; Today we will close green.

 


 

Please also see our Today's Performance or Details page