IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 03-Sept-2014


 

SUGGESTS:

 

AMBUJACEM

 

HINDOILEXP

 

TITAN

 

ALSO SEE:

APOLLOTYRE

BHARTIARTL

IRB

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, 03-Sept-2014

SMS Pre-Market

Suggests: AMBUJACEM HINDOILEXP TITAN;
Also See: APOLLOTYRE BHARTIARTL IRB;
Valid for: 03-Sept-2014; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8100, 8150, 8180, 8200, 8250;
NIFTY Support levels are: 8070, 8040, 8010, 7990, 7940;

 

Pre-Market Alert: 9:15am

Another positive opening is expected today from our markets following
good Asian cues; Yesterday, Indian benchmark indices extended gains for
the fourth straight session and rallied more than half a percent in the
end; Sentiments remained upbeat after current account deficit narrowed
sharply to 1.7% of GDP in the Apr-June quarter of 2014-15; Support also
came in with PM's statement that the government is determined to push
tax and financial sector reforms to improve business environment; Life-
time highs were created again, yesterday; Overnight, US stocks ended
lower retreating from records set the previous month, as falling crude
oil prices dragged energy shares down and offset strong manufacturing
data; Asian shares are trading higher today morning with the HangSeng
rebounding after lacklustre movement in the previous sessions; Back
home, we are in uncharted territory for the Nifty as the Resistance
at 8040-8050 has been crossed convincingly; 8100 is now the next
step to cross; 8050 is now the first Support; More Support is at 8010-
8000; 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 60.6050; WTI Crude is at $92.88

 


 

SMS-1

03Sept(10:00) Gap-up openng; Falling slowly;
See AMBUJACEM>217 BHARTIARTL>408;
Watch TITAN>392 IRB>262.50;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another gap-up opening for the Nifty today around 8120, which is another
life-time high in intraday; After opening, the Nifty has gone down slightly
to touch 8100; Nifty is flat around 8100 now, in the green; Meanwhile,
IRB could have already given you some profits following PricePoints;
IRB should have been in at 260 and out at 262;
See these if market upturn comes now with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMBUJACEM 217 214 220 222 270
BHARTIARTL 408 403 412 418 140

Also watch TITAN>392 and IRB>262.50 if upsurge
strengthens; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

03Sept(11:00) Mkt +ve & trending; IRB added small profit;
Watch HINDOILEXP>59.30 BHARTIARTL>408 now if mkt
upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AMBUJACEM This has become flat and quiet after
our last Update; Stuck at 216 now
HINDOILEXP See > 59.30 There was chance early on that we missed;
There can be more such chances here
TITAN This is going down; Avoid this for now
APOLLOTYRE Here also, there was a good, sharp chance
that we missed; More chances can come
BHARTIARTL See > 408 Old levels still valid for this;
Looks promising today
IRB Out at 263.50 Small profits have been added;
There can be more here today

Early profits have come from IRB and there is good promise from BHARTIARTL;
HINDOILEXP also looks good; Overall market is progressing; There is hope today
for our Suggests; But, be watchful; Specially with HINDOILEXP; 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 is doing good and marching upward once again; All-time intraday highs
are being created repeatedly; Nifty is at 8125 now; Deep in the green with good
positive bias; There is more to come; Asian markets are mostly in the green; The
Rupee is very choppy, but holding at 60.5950 now; We expect the Nifty to carry
on with slight positive bias and go towards 8150; Be careful in LONG for
sudden downsides; Avoid risks; Stay Away if you are not sure.

 


 

03Sept(12noon) Mkt in green; Choppy; HINDOILEXP gave
very small profit; BHARTIARTL Marginal at 408; No
Suggest looks good in LONG at this time; See Site -INTDAY

 

Update-3: 12noon

Suggest Action - for LONG Comments
AMBUJACEM Still very flat and quiet;
No improvement; Avoid
HINDOILEXP In at 59.30; Out at 59.60 Small chance came with minimum profit;
Going looks uncertain from here
TITAN Still going down; Avoid
APOLLOTYRE No improvement after last Update;
Going down now; Avoid
BHARTIARTL In at 408
Marginal till now
Old levels are still valid;
There is still chance
IRB Nothing after last Update;
There is still chance here today

No Suggest has performed after our last Update; BHARTIARTL is Marginal till now;
Overall market has started to go down; Be very careful in LONG and concentrate
on one Suggest at a time; Be watchful; Do not take unnecessary risks.
Stay Away if you have already made some profits today.

The upward march of the Nifty has been stopped at 8130, which is a new
Resistance; From there, some downside has come and the Nifty is at 8105
now; Still in the green; Uncertain bias now; Global markets and the Rupee
are still very supportive; We expect the Nifty to go down some more, but
8070-level should hold; Stay Away if you have made any profits today;
Do not take undue risks.

 


 

Please also see our Today's Performance or Details page