IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 08-June-2015


 

SUGGESTS:

 

ITC

 

PFC

 

SAIL

 

ALSO SEE:

ARVIND

NMDC

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 Monday, 08-June-2015

SMS Pre-Market

Suggests: ITC PFC SAIL;
Also See: ARVIND NMDC ZEEL;
Valid for date: 08-June-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8140, 8160, 8190, 8240, 8280;
NIFTY Support levels are: 8100, 8060, 8030, 8000, 7960;

 

Pre-Market Alert: 9:15am

A flat opening and range-bound trading is expected in our markets today tracking
weakness in the global peers on the back of a firm US jobs data raising fear of Fed
interest rate hike; Last Friday, the Nifty fell for a fifth consecutive session after one
more forecast for weaker-than-expected monsoon raised fears that RBI would not
cut rates again this year; Though the market is weak yesterday, the Nifty managed
to hold the previous intraday lows of 8060-8050; While this will be good Support,
any breach might take the Nifty down to below 7960 very quickly; On the upside,
first target for the Nifty will be to cross 8190-8200; For today, we expect some
consolidation and maybe an upwards push late in the day; 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 64.0500; WTI Crude is at $59.13; Brent Crude is at $63.31

 


 

SMS-1

08June(10:00) Flat openng; Going down;
See PFC>265 ZEEL>342;
Watch ITC>308 ARVIND>243;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty around 8120 today; The Nifty had fallen immediately after
opening to below 8060; Good Support at this level has again managed to stop the
Nifty from falling further; The Nifty is at 8080 now, in the red, trying to recover; We
expect the Nifty to trade in the 8070-8100 range with a slight positive bias, maybe;
Meanwhile, see these if market upsurge comes now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PFC 265 260 267 270 220
ZEEL 342 335 345 350 170

Also watch ITC>308 and ARVIND>243 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

08June(11:00) Mkt -ve & flat; No Suggest gave profit;
See ITC>308 ZEEL>342 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ITC See above 308 Flat at 306; Watch this..
PFC Going down; Avoid, for now
SAIL Going down; Avoid, for now
ARVIND Going down; Avoid, for now
NMDC Going down; Avoid, for now
ZEEL See above 342 This can good chances today

Our Suggests have not started to perform as yet today, but two of them show good
promise; The general market is subdued and quiet; Let us not lose hope; Some good
will definitely come if we can hold our patience; Keep constant vigil; Look at all
angles before you take a decision; Any wrong move can lead you to losses;
Do not take unnecessary risks; Stay Away if you are in doubt.

The Nifty has become very flat and quiet at the 8070 mark; Hardly a 20-point
variation is now seen; At 8075 now, in the red; Like we said last Friday, if such
situation continues, and we do not get any trigger that can give direction, up or
down, we expect a sudden negative bias to come for the Nifty; Largely, however,
range bound trading in the 8070-8100 band should continue; Avoid taking any
unnecessary risks; Stay Away if you are not sure.

 


 

SMS-3

08June(12:30) Mkt in red; Going Flat; No Suggest gave profit;
None look good for LONG now; All can profit is mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ITC Facing problems in going up; Avoid, for now
PFC Settled at 258; Can watch after 260
SAIL Still going down; Avoid, for now
ARVIND Still going down; Avoid, for now
NMDC May turn up now; Warch after 119.50
ZEEL This has disappointed; But can still go up;
Watch after 342, but be careful..

Position and prospects of our Suggests have not changes since our last Update;
Situation is nor very bright; We have market 3 Suggests as 'watch' but nothing
is expected from them until the general market improves; Hold your patience;
Keep constant vigil; 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 very, very flat and quiet at the 8070 mark since about
09:45am today; Hardly a 20-point variation has been seen; At 8065 now, in the
red; We now feel that some movement will surely come; And the direction will
be downwards; Initially, at least; Support at 8030 will now be tested; Eventually,
Support at 8060-8050 will hold and we should see some upside towards closing
today; Global pointers are in the negative with Asia mostly in red and Europe
expected to open weak; There are no domestic cues; Keep constant vigil;
Take all precautions when you proceed; Stay Away if you are not certain.

 


 

SMS-4

08June(2:30) Mkt in red; Recovering; NMDC gave profit;
Hold NMDC>121; See PFC>260 for LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ITC Facing problems in going up; Avoid, for now
PFC See above 260 Old levels still valid;
This can give profits today
SAIL This is now recovering; Watch after 63.30
ARVIND Still going down; Avoid, for now
NMDC In at 119.50, Out at 121
Hold>121, SL-119
This can give more today
ZEEL Going down; Avoid, for now

Some profits have come from NMDC and there are two now that look promising;
The general market is also improving slowly; There can be chances of profits,
but do not get over enthusiastic; Do not lower your guard; Keep constant vigil;
Protect your profits and do not take any chances; Any wrong move can lead
you to losses; Stay Away, if in doubt.

The Nifty has improved a bit after our last Update and has come up to almost 8080
from a low of almost 8030; As we said before, the good Support at 8030 was tested
and it has come out strong; The Nifty has bounced back from there; At 8070 now,
in the red; Global pointers are still negative with Asia and Europe mostly in red;
There are no domestic cues; We expect the Support at 8060-8050 to hold and
some more upside to come before closing; The main job for the Nifty now is to
cross above 8100 and then, if possible, go in to the green zone; 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