IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 07-Oct-2014


 

SUGGESTS:

 

PETRONET

 

UNIONBANK

 

WIPRO

 

ALSO SEE:

ADANIENT

EXIDEIND

ZEEL

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, 07-Oct-2014

SMS Pre-Market

Suggests: PETRONET UNIONBANK WIPRO;
Also See: ADANIENT EXIDEIND ZEEL;
Valid for date: 07-Oct-2014; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7980, 8020, 8060, 8100, 8130;
NIFTY Support levels are: 7920, 7880, 7850, 7820, 7780;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening is expected today for our markets tracking
muted global cues; Our markets are opening today after an extended 5-day
weekend holiday at the beginning of the festival season; Last Wednesday,
Indian markets had remained largely flat and range-bound just around the
Nifty-7950 mark; Overnight, US stocks fell in a day of choppy trading with
traders nervously eyeing the start of the earnings season, while the S&P
500 failed to remain above a key technical level; Asian markets are trading
mixed today morning with Japan's benchmark Nikkei flat as most investors
wait for Bank of Japan's policy meeting later today; Back home, trading in
our market has remained range-bound for the last six sessions and any
decisive break on either side will trigger the next directional move;
Company earnings for the September quarter will take centre stage
now with Infosys announcing its results on Friday; First Support today
is at 7920 and Resistance at 7970-7990 region needs to be crossed
for further upside; Today's trading pattern is uncertain; Do not lose
patience; Carefully pick one or two stocks and then track them
diligently; Consider all possible angles before you buy; Act
quickly when you get a good chance; Take small profits
and Exit; Repeat, if prices keep increasing;
INR-US$ is at 61.3900; WTI Crude is at $90.34

 


 

SMS-1

07Oct(10:00) Gap-up openng; Going Flat;
See WIPRO>621 ADANIENT>468;
Watch PETRONET>188 EXIDEIND>174;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-down opening for the Nifty today around 7910; After opening,
the Nifty has become choppy and uncertain around 7930; A slight negative
trend may be developing; Nifty is at 7915 now, in the red; See these
if market upturn comes now with increased volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
WIPRO 621 615 626 632 95
ADANIENT 468 463 471 475 120

Also watch PETRONET>188 and EXIDEIND>174 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

07Oct(11:00) Mkt -ve; Going down; EXIDEIND gave
profit; Watch EXIDEIND>175.50 WIPRO>620
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
PETRONET There was a steep fall after opening
today; Recovering now; Watch after 187
UNIONBANK Choppy and uncertain since opening;
Low chances seen here at this time
WIPRO See > 620 This has remained flat since opening;
Wait & Watch, but be careful
ADANIENT Steady fall is seen since opening;
Might turn around later
EXIDEIND In at 174, Out at 175.50
See > 175.50
Some profits have come going against
normal trend; There can be more here
ZEEL This seems to be turning around;
Watch this after 312

Going with the prevailing market trend, our Suggests are displaying negative
tendencies; However, a few are going against the trend; EXIDEIND is one of
them, and has already given some profits; There are some others showing similar
promise; But be very careful as contrary moves are always very risky; Specially
for intraday trading in LONG; It is best to Stay Away if you are
not sure of your actions; Do not take unnecessary risks.

The Nifty has been falling steadily since opening today; The negative trend we
spoke about last time, has taken a grip on our market and the Nifty has already
fallen 50-points in intraday today to go below 7900; At 7890 now, in the red;
First Support is at 7880 now and strong Support at 7850; These will hold, we
feel; Asian markets are still mixed; No news about how Europe will trade today;
The Rupee is at 61.3750, which is steady; There are no domestic cues expected;
Under such circumstances, there will be continuation of present trend unless
we get some trigger; But we expect some upside later today; Be watchful
in LONG; Avoid taking big risks; Stay Away if you are not sure.

 


 

SMS-3

07Oct(12:30) Mkt in red; Going Flat; No Suggest gave
profit; None look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
PETRONET Going very flat at 185-level;
Can turn up from here if market improves
UNIONBANK Still choppy and uncertain; This can
also turn up if market conditions improve
WIPRO Marginal at 620 There was no strength in the upsurge;
Low chances seen in this now
ADANIENT Flat and quiet around 457;
Might turn up later
EXIDEIND No action after those initial profits;
Low chances seen here now
ZEEL Flat and quiet around 311; Like others,
can turn up if the Nifty starts to rise

None of our Suggests could give any profits in LONG after the last Update; The
overall market trend is flat and quiet; Our Suggests have low chances of giving
profits now, unless the overall market conditions improve and the Nifty starts
to move up; Be very careful; Do not take unnecessary risks; Stay Away
if you are not sure of your actions.

The fall for the Nifty has been stopped at the Support of 7880, exactly as we
had expected in our last Update; Nifty at 7905 now, in the red, but clinging
on to the 7900-level; Asian markets are still mixed; Europe is opening
in the red; The Rupee is at 61.3300, steady; We expect the Nifty to
carry on with flat trading around 7900-level until we get some trigger;
And we still expect some upside before closing today; Be very careful
in LONG if you want to enter this market; Do not take undue risks;
Stay Away if you are not sure.

 


 

SMS-4

07Oct(2:30) Mkt in red; -ve bias; No Suggest gave profit;
None look good for LONG now in last hour; Best to
Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
PETRONET Has gone down to 183;
Low chances seen here now
UNIONBANK Still very choppy; And can still turn
up and give some profits today
WIPRO Marginal position at 620 has been
confirmed; Low chances seen in this now
ADANIENT Has gone down to 454; Can still
turn up from here in the last hour
EXIDEIND Going down steadily;
Low chances seen here now
ZEEL Stuck at 310;
This is uncertain and risky

None of our Suggests could give any profits in LONG today, since the initial
profits given by EXIDEIND; As we said before, our Suggests have low chances
of giving any further profits; We feel that you should quit this market now;
Do not take unnecessary risks; Stay Away if you are not sure of your actions.

Although the Nifty has been holding at the Support of 7880 since the last Update,
there is a distinct negative bias coming in; Under its influence, we can see some
more downside, and the Support at 7880 is about to be broken now; However, the
next Support at 7850 should hold for the day; And, the upside we expected today
before closing, looks remote now; Global situation remains unchanged and the
Rupee is still steady at 61.3100; Be careful in LONG in this falling market;
Do not take any undue risks in last hour; It is better to Stay Away now;
Today we will close red.

 


 

Please also see our Today's Performance or Details page