IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 04-June-2015


 

SUGGESTS:

 

AXISBANK

 

IDEA

 

TATAMOTORS

 

ALSO SEE:

APOLLOTYRE

BHARTIARTL

HDIL

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, 04-June-2015

SMS Pre-Market

Suggests: AXISBANK IDEA TATAMOTORS;
Also See: APOLLOTYRE BHARTIARTL HDIL;
Valid for: 04-June-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8160, 8200, 8240, 8280, 8330;
NIFTY Support levels are: 8100, 8070, 8030, 8000, 7960;

 

Pre-Market Alert: 9:15am

A flat opening and cautious trading is expected in our markets today after two
days of massive selling and following mixed trend across other Asian markets;
Yesterday, our markets continued its steep downfall and closed -1.23% lower as
weak monsoon forecast raised fears of a drought while delay in further rate cuts and
slow pace of recovery in the economy dampened sentiment; The fall is expected to be
halted today and we should see range bound trading today; Some more downside can
come as Nifty-8000 has been the bottom from where the Nifty had bounced back in the
last instance; Before that, 8070 is good Support; On the upside, the first target for the
Nifty is to cross 8200; As always, wait for a definite chance; Consider all angles before
you buy; Then be quick to get small profits and exit; Buy again if the upsurge holds;
Avoid undue risks; Stay Away, if you are not sure;
INR-US$ is at 64.1800; WTI Crude is at $59.64; Brent Crude is at $63.80

 


 

SMS-1

04June(10:00) Flat openng; Flat & Choppy;
See IDEA>178 APOLLOTYRE>175;
Watch AXISBANK>560 HDIL>96;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty around 8150 today; The Nifty has been going flat and
choppy since opening today; At 8120 now, in the red; We expect the Nifty to get
into range-bound trading around the line till our next Update; The range should
be 8100-8150; Some more downside can come later; Next good Support is
at 8070; See these if market upsurge comes now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
IDEA 178 174 180 182 330
APOLLOTYRE 175 171 176 177 340

Also watch AXISBANK>560 and HDIL>96 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

04June(11:00) Mkt choppy & flat; HDIL gave profit; Hold
HDIL>99 if in; IDEA TATAMOTORS BHARTIARTL stuck;
Watch these now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AXISBANK Took a fall; Recovering; Can give chances later
IDEA Stuck at 177 This can flare up; Watch this..
TATAMOTORS Stuck at 450 This can also flare up if Nifty goes up
APOLLOTYRE Just touched our Trigger at 175; At 174 now;
Can get back to 175; Keep watching..
BHARTIARTL Stuck at 420 Very quiet; Can flare up suddenly
HDIL In at 96, Out at 99
Hold>99, SL-96
Has levelled out now; But can give more later

Except for HDIL, none of our Suggests have made any contribution today, and none
look good at this time; Not even HDIL; That is because the general market is taking
a breather today and is going flat and quiet; Hence, almost all our Suggests are also
going flat now; Prospects for our Suggests will become bad if the Nifty starts to fall;
Don't lower your guard; Keep constant vigil and be very careful; Look at all angles
before you take a decision; Do not take unnecessary risks; Any wrong move can
lead you to losses; Stay Away if you are in doubt.

The Nifty has remained in the 8100-8150 range since our last Update; But a slight
positive bias seems to be developing now; 8100 has acted as good Support since
yesterday; Looks like a bottom is being formed at this level; Nifty needs to climb
above 8200 today to confirm this; Be very careful in Intraday in LONG;
Avoid taking any unnecessary risks; Stay Away if you are not sure.

 


 

SMS-3

04June(12:30) Mkt in red; Flat & Choppy; No Suggest gave
profit; None look good for LONG now; All are stuck;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AXISBANK Stuck at 556 Sketchy & Uncertain; Avoid, for now
IDEA Stuck at 178 Entry should have been at 178; This looks like
the best candidate for giving any profits today
TATAMOTORS Stuck at 449 This has a chance to flare up if Nifty goes up
APOLLOTYRE This has disappointed till now today
BHARTIARTL Stuck at 420 Still very quiet; Can flare up suddenly
HDIL Hold>99, SL-96 No further development; Stuck at 97
Old levels still valid

The situation has not changed for our Suggests after the last Update; Almost all
Suggests are stuck and are waiting, poised to go up; But the upside may not come at
all; Because the general market is going nowhere; Don't lose patience and get into any
risky trade; Things will become bad if the Nifty starts to fall; Look at all angles before
you take a decision; Any wrong move can lead you to losses;
Stay Away if you are in doubt.

The Nifty has remained in the 8110-8150 range after our last Update; The slight positive
bias that we thought was developing, did not mature; The Nifty went down to 8110
again after a high of 8150; At 8120 now, in the red; Global pointers are in the negative,
with Asia mixed and Europe expected to open in red; We feel that the Nifty will carry
on with range bound trading unless we get some trigger to get some direction,
up or down; Keep constant vigil; Take all precautions when you proceed;
Stay Away if you are not certain.

 


 

SMS-4

04June(2:30) Mkt in red; Took a fall; Recovering; No Suggest gave
profit; Hold HDIL>99 if in; TATAMOTORS APOLLOTYRE
good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AXISBANK Took a fall; Recovering; Avoid, for now
IDEA This has disappointed; Avoid
Entry at 178 would have been Marginal
TATAMOTORS This can go up if Nifty improves; Watch after 451
APOLLOTYRE This also has potential in last hour; Watch after 173.50
BHARTIARTL This has disappointed; Avoi
HDIL Hold>99, SL-96 Old levels still valid
Can add profits in last hour

Three of our Suggests look good at this time if the Nifty improves; Otherwise, the
situation has not changed after our last Update; Good news is that the general market
seems to be turning around; Don't get into a hurry; Look at all angles before you take
a decision; Any wrong move can lead you to losses; Stay Away if you are in doubt.

The Nifty had taken a fall after our last Update and had gone down from 8120 to 8060;
But this level at 8060 has acted as a good Support and has stopped the Nifty from
going down at least twice; Looks like this will hold now; Nifty is at 8080, in the red;
Trying to recover; Global cues remain bad and there are no domestic good news;
Even then, we expect the Nifty to recover till 8100 at least, and give a closing
above that level today; But do not take any unnecessary risks in last hour;
Today, we will close red/flat.

 


 

Please also see our Today's Performance or Details page