IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 26-May-2015


 

SUGGESTS:

 

AMTEKINDIA

 

ONGC

 

VOLTAS

 

ALSO SEE:

CROMPGREAV

DISHTV

POWERGRID

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, 26-May-2015

SMS Pre-Market

Suggests: AMTEKINDIA ONGC VOLTAS;
Also See: CROMPGREAV DISHTV POWERGRID;
Valid for: 26-May-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8400, 8440, 8470, 8490, 8550;
NIFTY Support levels are: 8350, 8330, 8290, 8250, 8220;

 

Pre-Market Alert: 9:15am

A flat-to-negative opening and cautious trading is expected from our markets today
following down trend seen in other Asian markets and in continuation of the negative
trend seen in our markets yesterday; Our market fell to profit-booking yesterday
after closing at five-week highs on Friday; The Nifty finally closed at the psychological
Support level of 8370-8350; The impending derivatives Expiry for May series contracts
on Thursday remained a drag on the markets and is also expected to be seen today;
Caution also prevailed ahead of the gross domestic product growth data due on Friday;
Today, the profit booking downside should halt and we should get into sidewise trading
till Expiry; The crucial downside level is 8290; As long as this Support holds we will get
a bounce back early next month; On the upside, Resistance at 8440 will be difficult to
cross today; 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 63.6600; WTI Crude is at $59.72; Brent Crude is at $65.37

 


 

SMS-1

26May(10:00) Flat openng; Choppy;
See VOLTAS>333 CROMPGREAV>177;
Watch AMTEKINDIA>166 DISHTV>86.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small flat opening for the Nifty today around 8380; The Nifty has taken a small fall
after opening and hit a low of 8340; Recovering now; At 8350, in the red; We expect
the Nifty to remain in the 8340-8370 range for some time; There is good Support at
8330; Meanwhile, you should have already got some profits from VOLTAS following
PricePoints; VOLTAS should have been in at 329 and out at 333; You can Hold
VOLTAS>333 if still in, with a StopLoss of 328; Otherwise, see these if
market upsurge comes now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
VOLTAS 333 328 335 337 180
CROMPGREAV 177 174 179 180 330

Also watch AMTEKINDIA>166 and DISHTV>86.50 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

26May(11:00) Mkt -ve & flat; No Suggest gave profit;
Hold AMTEKINDIA>166 if in; See VOLTAS>333 now
if mkt turns up; No other looks good; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AMTEKINDIA In at 166
Hold>166, SL-163
Marginal till now; But this can give profits
ONGC Going down; Avoid, for now
VOLTAS In at 329, Out at 333
See > 333
No further development after initial burst;
But there will be a 2nd chance today
CROMPGREAV Going down; Avoid, for now
DISHTV Took a fall; Recovering; Watch this..
POWERGRID Choppy & Uncertain; But watch this..

Except for the initial burst by VOLTAS which came before our initial Alert, there is
nothing happening with our Suggests; VOLTAS and AMTEKINDIA are the only two
looking good, but you have to be careful with them; The general market is subdued
and quiet; But we expect some action to come later today; Keep constant vigil;
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 flat and quiet in the 8340-8370 range since our last Update;
This is exactly what we had predicted; At 8355 now, in the red; This range is likely
to continue till our next Update, unless we get some trigger; 8330 is good Support;
Avoid taking any big, unnecessary risks; Stay Away if you are not sure.

 


 

SMS-3

26May(12:30) Mkt in red; Going Flat & Quiet; No Suggest
gave profit; AMTEKINDIA VOLTAS stuck; Can flare up;
No other looks good at this time; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AMTEKINDIA Stuck at 166 Still Marginal; But this can flare up suddenly
ONGC Going down; Avoid, for now
VOLTAS Stuck at 332 No further development; Wait for 2nd chance
CROMPGREAV Took a fall; Recovering; Avoid, for now
DISHTV Choppy & Low Volume; Avoid, for now
POWERGRID Scrappy & Uncertain; Avoid, for now

Even now, only VOLTAS and AMTEKINDIA are the only two of our Suggests that are
looking good; Both are stuck and can flare up suddenly; No other has done any good
since our last Update; The general market continues to be subdued and quiet; We still
expect some action to come later today; Be extra careful; Do not lower your guard;
Look at all angles before you take a decision; Do not take unnecessary risks;
Any wrong move can take away your profits, if any, and lead you to losses;
Stay Away if you are in doubt.

The Nifty has remained flat and quiet in the 8340-8370 range since our first Update,
as we had expected; At 8350 now, in the red; This range is likely to continue for some
more time, unless we get some trigger; There is good Support at 8330; Like we said
yesterday, if we do not get any positive trigger soon that can take the Nifty higher,
there is every chance that we will see profit booking from here; Keep constant
vigil, protect your profits, if any, and take all precautions when you proceed;
Stay Away if you are not certain.

 


 

SMS-4

26May(2:30) Mkt in red; Slight -ve bias; VOLTAS DISHTV
gave good profit; AMTEKINDIA Marginal; DISHTV good
for more in LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMTEKINDIA Still stuck at 166 Marginal; Best to give up on this now
ONGC Choppy & Going down; Avoid
VOLTAS Out at 338.50 Can give more, but be very careful now
CROMPGREAV Choppy & Uncertain; Avoid
DISHTV In at 86.50, Out at 93
Hold>93, SL-91
Good profits have come following earlier level;
Can give more in the last hour
POWERGRID Scrappy & Uncertain; Avoid

Some unexpected, but very good profits have come from DISHTV; There can be
more, and VOLTAS has also added to its profits; AMTEKINDIA has disappointed;
All this on a day when the Nifty has been going down steadily throughout the day;
Although this means we have done a good job today, it is time now to be very careful
if you are holding; If you have made your profits for the day, consider to stop trading
and take home your profits; Do not take undue risks in the last hour; Any wrong move
can take away your profits and take you to losses; It may be best to Stay Away now.

The Nifty has developed a slight negative bias after our last update as there was no
trigger to take the Nifty higher; A low of 8320 has been touched on profit booking;
Nifty is at 8330 now, in the red; Support at 8330 is being tested; There is every
chance that the Nifty might recover a little and give a closing around 8350 today;
But you should not take any chance; Protect your profits and do not take
any unnecessary risks in last hour; Today, we will close red.

 


 

Please also see our Today's Performance or Details page