IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 01-Sept-2014


 

SUGGESTS:

 

ARVIND

 

IDEA

 

INDUSINDBK

 

ALSO SEE:

BHEL

JPASSOCIAT

WIPRO

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, 01-Sept-2014

SMS Pre-Market

Suggests: ARVIND IDEA INDUSINDBK;
Also See: BHEL JPASSOCIAT WIPRO;
Valid for date: 01-Sept-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7970, 8000, 8040;
NIFTY Support levels are: 7940, 7900, 7860, 7830, 7780;

 

Pre-Market Alert: 9:15am

A gap-up opening and positive trading is expected today from our
markets following good world cues; Last Friday the Nifty had remained
flat and choppy, but had closed at yet another all-time high; Gains
were seen in blue chips amid volatility due to F&O Expiry; US stocks
closed out a strong month on a quiet note on Friday last, with the
S&P 500 posting a modest gain to close at a new record; Asian shares
started trading higher today morning, but are mixed now, with the key
markets in the green; Back home, our markets are expected to react well
to the GDP data which came out on Friday after market hours; India's
economy expanded at its fastest pace in more than two years in the April-
June quarter as India's GDP grew at 5.7% in the first quarter of 2014-15,
exceeding expectations; Following good positive momentum, the Nifty is
expected to take a shot at going past 8000-level today; First Support
is now at 7940; Next good Support is at 7900; Upwards, we do not have
any firm Resistance values now, but 8040 is an extrapolated target;
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 60.4700; WTI Crude is at $95.96

 


 

SMS-1

01Sept(10:00) Gap-up openng; Going good;
See INDUSINDBK>595 WIPRO>572;
Watch IDEA>167.50 BHEL>244;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

Good gap-up opening for the Nifty today, around 7990; After opening,
the Nifty has gone past the 8000-mark and has created another life-
time high in intraday; There is more good cheer to come as we see a
definite positive trend; Nifty is at 8010 now, in the green;
See these if market upturn strengthens now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
INDUSINDBK 595 590 598 605 100
WIPRO 572 568 575 580 100

Also watch IDEA>167.50 and BHEL>244 if upsurge
strengthens; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

01Sept(11:00) Mkt +ve & flat; INDUSINDBK gave profit;
Hold INDUSINDBK>598 if in; WIPRO Marginal at 572;
Watch IDEA>167 now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND There was a chance before 10am that we
missed; There can be chances here after 289
IDEA See > 167 Looks good with slow but steady
positive bias; Watch this closely
INDUSINDBK In at 595, Out at 598
Hold>598, SL-592
Going up slowly; Giving expected
profits; There is more here today
BHEL This is flat and choppy since opening;
Low chances seen here
JPASSOCIAT This had shown some promise earlier;
But has gone flat and quiet now
WIPRO In at 572
Marginal till now
This has shown a lot of promise since
opening; But not much till now

Some profits have come from INDUSINDBK, and there is good promise from some
others; Overall market is fantastic for the positional player, but maybe not very
conducive to Intraday Trading in LONG; Be very careful of sudden downside due
to profit bookings at such high levels; Do not set your Terminal for auto-BUY
at Trigger; Wait for triggers to be crossed with confidence before taking
position; Do not take unnecessary risks.

The Nifty has done very well since opening today; 8000 has been crossed confidently
and has been held firm; Nifty at 8020 now, in the green; Going a little flat and
has taken a pause; Asian markets are still mixed with key markets in the green;
The Rupee is holding steady at 60.5000; We expect the Nifty to carry on with
flat trading above the 8000-level and hold position; Be careful in LONG;
Avoid risks; Stay Away after you make your profits for the day.

 


 

SMS-3

01Sept(12:30) Mkt in green; Flat & Choppy; 2 Suggests
gave profit; Hold ARVIND>293 INDUSINDBK>601;
WIPRO Marginal; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND In at 289, Out at 293
Hold>293, SL-288
Good chances have come after 289, as
expected; There can be more here
IDEA This has been flat & quiet after last
Update; But there can be chances here
INDUSINDBK Out at 601
Hold>601, SL-596
Still has positive bias;
There is more here today
BHEL Still very flat; Low chances here today
JPASSOCIAT This is still showning some promise;
Watch after 48.70
WIPRO Marginal at 572 Only promise, but to action;
Confirmed its Marginal status

More profits have come from INDUSINDBK; And ARVIND has joined in; These are
the only two candidates that look good for more; JPASSOCIAT and IDEA has promise,
but be careful with these; Do not set your Terminal for auto-BUY at Trigger;
Wait for triggers to be crossed with confidence before taking position;
Do not take unnecessary risks.

Nifty at 8020 now, in the green; Going flat and range-bound in the 8000-8020
band after our last Update; Asian markets are still mixed with key markets in the
green; The Rupee is holding steady at 60.4550; Europe opening is uncertain as
Ukraine problems still exist; We expect the Nifty to carry on with range-bound
trading above the 8000-level and hold position until we get some trigger;
Stay Away if you have made your profits today; Do not take undue risks.

 


 

SMS-4

01Sept(2:30) Mkt in green; +ve bias; IDEA INDUSINDBK
gave profit; Hold IDEA>168.50 INDUSINDBK>605 if in;
No other looks good for LONG now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Hold>293, SL-288 No further activity after last Update;
Old levels are still valid now
IDEA In at 167; Out at 168.40
Hold>168.50, SL-166
Some profits have come in after
last Update; Low chances of more
INDUSINDBK Out at 605
Hold>605, SL-598
Still has positive bias;
There is more here today
BHEL Has started to go down; Low
chances here today; Avoid now
JPASSOCIAT This has been flat and choppy;
Best to avoid this now
WIPRO No improvement after last Update;
Best to avoid this also, now

IDEA has joined in now, after profits from INDUSINDBK and ARVIND; There is
low chances for more profits in the last hour as the overall market has flattened
out; Do not take unnecessary risks in last hour; Stay Away if you have made
your profits for the day; Do not risk profits already made.

Nifty still at 8020 now, in the green; Still going flat and range-bound, but the
range has moved up very slightly; In the 8010-8030 band after our last Update;
Asian markets are still mixed with key markets in the green; But Europe is trading
almost all in the red; The Rupee is holding steady at 60.4555; In the domestic
sector there are two developments that can cause concern: SC has started hearing
on the fate of coal blocks awarded since 1993; And, the HSBC India Manufacturing
PMI for the month of August slowed to 52.4 as against July's 17-month high of
53.0 although purchasing activity continued to rise and input cost pressures eased
slightly following the acceleration seen in July; We expect the Nifty to carry on
with range-bound trading above 8000-level and hold position; We may see some
more upside if SC gives a favourable verdict on the coal block allocation case;
For Intraday in LONG now, do not take any undue risks; It is best to Stay
Away now if you are already in profit; Today we will close green.

 


 

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