IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 21-May-2015


 

SUGGESTS:

 

APOLLOTYRE

 

CENTURYTEX

 

PETRONET

 

ALSO SEE:

HDIL

ROLTA

SBIN

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, 21-May-2015

SMS Pre-Market

Suggests: APOLLOTYRE CENTURYTEX PETRONET;
Also See: HDIL ROLTA SBIN;
Valid for date: 21-May-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8440, 8460, 8500, 8560, 8600;
NIFTY Support levels are: 8400, 8370, 8330, 8280, 8240;

 

Pre-Market Alert: 9:15am

A flat opening and cautious trading is expected from our markets today following
slightly down trend seen in other Asian markets; Yesterday, our markets closed flat
as the Nifty gave up some gains as the day progressed; More importantly, the Nifty
retested its crucial hurdle around 8440 but failed to cross the same, despite several
intraday attempts; Overnight, US stocks ended marginally lower and Asian shares
have given up early gains and are mostly in the red at this time; At home, after days
of extreme volatility, our markets finally appear to be consolidating; Markets now await
the monetary policy review of the RBI, which meets on June 2, for a definite direction;
The central bank is widely anticipated to ease rates on the back of weaker industrial
output growth, benign inflation scenario and good monsoon forecasts; However,
we believe that some profit taking might come before consolidation in the coming
days; Resistance at 8440-8460 is proving to be very difficult to cross; Sustained
upside is not possible unless we get over this level; There is good Support at
8400; As always, wait for a definite chance; Consider all angles before
you buy; Take small profits and exit; Buy again if the upsurge holds;
Avoid unnecessary risks; Stay Away, if you are not sure;
INR-US$ is at 63.6200; WTI Crude is at $58.98; Brent Crude is at $65.03

 


 

SMS-1

21May(10:00) Flat openng; Choppy;
See HDIL>108.50 ROLTA>126.50;
Watch APOLLOTYRE>187.50 CENTURYTEX>680;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8430; The Nifty has become very
choppy around the line after opening today; Has already fluctuated between 8440
and 8400 already; Nifty at 8415 now, marginally in the red; We expect the Nifty to
remain in the 8400-8430 range for some time; A slight negative trend might also
develop; Meanwhile, see these if market upsurge comes now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HDIL 108.50 106 110 112 550
ROLTA 126.50 123 128 130 470

Also watch APOLLOTYRE>187.50 and CENTURYTEX>680 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

21May(11:00) Mkt -ve & choppy; No Suggest gave profit;
See APOLLOTYRE>186 SBIN>292.50 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
APOLLOTYRE See > 186 Recovering after a fall; Watch this..
CENTURYTEX Flat & Quiet; Might give chances after 680
PETRONET This is also recovering; Watch after 186.50
HDIL Choppy & Uncertain; Avoid, for now
ROLTA Flat & Quiet; There can be chances after 125.50
SBIN See > 292.50 Recovering; This can give chances later

None of our Suggests have done anything till now, and none look to be very promising
as of now; The general market is also choppy and uncertain; While we keep our fingers
crossed and expect the best, there might not be anything significant in today's market;
Opportunities will be very few today; You must wait patiently for the right chance;
Look at all angles before you take a decision; Do not take unnecessary risks;
Any wrong move can take you to losses; Stay Away if you are in doubt.

A slight negative bias has come in to the Nifty and a low of 8980 was touched a little
time ago; Nifty is at 8400 now, in the red, trying to recover; This 8400 is good Support
zone, and it has already been breached twice today; Technically it is still holding and the
Nifty is expected to rise above 8400 now; But there is every chance of some more profit
booking downside, as we had said in our pre-market dispatch today; Avoid taking
big unnecessary risks; Stay Away if you are not sure.

 


 

SMS-3

21May(12:30) Mkt in red; Going Flat; HDIL gave profit; Hold
HDIL>110 if in; See APOLLOTYRE>186 CENTURYTEX>680;
Await Europe openng; See Site -INTDAY

 

Update-3: 12.30pm

Suggest Action - for LONG Comments
APOLLOTYRE See > 186 There is still chance here; Watch this..
CENTURYTEX See > 680 Flat & Quiet; Might give chances after 680
PETRONET This has just touched our trigger at
186.50; But low chances seen now
HDIL In at 108.50, Out at 110
Hold>110, SL-107
Profits came following earlier levels;
Low chances seen now
ROLTA Flat & Quiet; But keep watching..
SBIN Flat & Quiet; But keep watching..

As we said before, there might not be anything significant in today's market; Outside
profits have come from HDIL, but not much more is expected from our Suggests now,
unless we get some trigger; Do not lower your guard; Be very careful if you are holding;
Get out at the slightest signs of decline; Look at all angles before you take a decision;
Do not take unnecessary risks; Any wrong move can take you to losses;
Stay Away if you are in doubt.

The Nifty has remained quiet within the 8390-8420 range since our last Update;
At 8410 now, in the red, but holding on to the 8400-mark; There is no outside help
as Asia is closing mixed while Europe is opening mostly in the red; Support at 8400
is still holding but we need some trigger to get past this level on the upside; Otherwise,
another profit booking bout might come in; Keep constant vigil, protect your profits, if
any, and take all precautions when you proceed; Stay Away if you are not certain.

 


 

SMS-4

21May(2:30) Mkt on the line; Flat & Choppy; HDIL added
profit; Hold HDIL>111; PETRONET Marginal; No other
looks good for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Flat & Quiet; No further chances seen here
CENTURYTEX May be some chance here in last hour
PETRONET Marginal at 186.50 Low chances seen here in the last hour
HDIL Out at 111
Hold>111, SL-108
This can give more in the last hour
ROLTA Flat & Quiet; Avoid
SBIN Flat & Quiet; Avoid

Some more profits have come from HDIL and PETRONET has confirmed its Marginal
status since the time of our last Update; The general market has come up a little, but
our Suggests are subdued; Sure, there can be the odd, sudden chance coming that
can give you profits in LONG, but we feel you should avoid such risks and stay away
now; It is best to close shop and take home whatever profits you have made;
Do not take unnecessary risks in the last hour; Any wrong move can take
away your profits and take you to losses; It is best to Stay Away now.

The Nifty has shown some resilience and has climbed back to 8435 some time back;
At 8420 now, marginally in the red, trading in the 8410-8435 band since the last
1-hour; Nifty has done good to hold on to the 8400-level; Asia are closing mixed,
and Europe is almost all in the red; There are no domestic triggers; Like yesterday,
the question now is whether the Resistance at 8430-8440 will hold at the closing
today; As we have said earlier, it is best to Stay Away from this market now;
Protect your profits and do not take any unnecessary risks in last hour;
Today, we will close green/flat.

 


 

Please also see our Today's Performance or Details page