IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 10-June-2015


 

SUGGESTS:

 

NMDC

 

POWERGRID

 

TATAMOTORS

 

ALSO SEE:

ICICIBANK

RCOM

TATASTEEL

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 Wednesday, 10-June-2015

SMS Pre-Market

Suggests: NMDC POWERGRID TATAMOTORS;
Also See: ICICIBANK RCOM TATASTEEL;
Valid for: 10-June-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8050, 8080, 8120, 8150, 8190;
NIFTY Support levels are: 8000, 7960, 7920, 7880, 7850;

 

Pre-Market Alert: 9:15am

Yet another flat opening is expected in our markets today tracking mixed global
cues; However, a turnaround in trading pattern is expected and a positive trend should
come in today after US index provider MSCI decided not to include locally traded China
shares in its global benchmark indices; This will lessen the outflow of foreign funds from
our market to some extent; The sudden $2 rise in oil prices and the Greece issues will
continue to hinder progress; Yesterday the Nifty was able to hold 8000-level; Today the
first target will be to get back above 8100; 8030-8020 will be very good Support; 8120
will be the first Resistance; As we said before, Nifty needs to climb above 8120 for any
meaningful bounce-back to begin; As always, wait for a definite chance; Consider all
angles before you buy; Then be quick to get small profits and exit; Buy again if the
upsurge holds; Avoid undue risks; Stay Away, if you're not sure;
INR-US$ is at 63.9400; WTI Crude is at $60.14; Brent Crude is at $64.88

 


 

SMS-1

10June(10:00) Flat openng; Going up;
See TATAMOTORS>449 ICICIBANK>293;
Watch POWERGRID>149 TATASTEEL>306;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty around 8030 today; The Nifty has taken a positive turn right
at the opening today and has climbed up to above 8100 to almost touch 8110; At 8090
now, in the green; The upside progress has been halted at 8110 and the Nifty is now
consolidating in the 8080-8110 range; There is Resistance at 8120 which needs to
be crossed for further progress; Meanwhile, both TATAMOTORS and ICICIBANK could
have given you some profits already following PricePoints; TATAMOTORS should have
been in at 445 and out at 448; If still in, Hold TATAMOTORS>449 with StopLoss at
442; ICICIBANK should have been in at 291 and out at 292.50; If still in, Hold
ICICIBANK>293 with StopLoss at 289; Otherwise, see these if market
upsurge holds now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAMOTORS 449 442 451 455 130
ICICIBANK 293 289 295 298 200

Also watch POWERGRID>149 and TATASTEEL>306 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

10June(11:00) Mkt +ve & flat; ICICIBANK added profit; Hold
ICICIBANK>294 if in; See TATAMOTORS>449 TATASTEEL>306
now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
NMDC Choppy; Can give chances; Watch after 123.50
POWERGRID Going down; Avoid, for now
TATAMOTORS In at 445, Out at 448
Hold>449, SL-442
This can give more today..
ICICIBANK In at 291, Out at 294
Hold>294, SL-290
Has come down now; Can go up again..
RCOM Choppy & Uncertain; Avoid, for now
TATASTEEL See > 306 This can go up; Watch this..

Today's market position is much better that what we have seen in the last few days;
In keeping with that, two of our Suggests have already given some returns and three
Suggests look good for LONG at this time; But that doesn't mean we should let our
guard down; There is very good chance that the Nifty will level out or even go lower;
Movement in individual stocks can be even faster; Keep constant vigil; Look at all
angles before you take a decision; Then be quick about it; Any wrong move can
lead you to losses; Do not take unnecessary risks; Stay Away, if in doubt.

The Nifty has not been able to cross above 8100 confidently after our last Update;
Fluctuating in the narrow 8090-8110 range; Resistance at 8120 is proving to be very
strong; This needs to be crossed for further upside; Will happen later today, we feel;
But beware of sudden downsides on negative trigger; If it comes, it will be sharper
than the way upwards today at opening; Keep your vigil; Avoid taking any
unnecessary risks; Stay Away if you are not sure.

 


 

SMS-3

10June(12:30) Mkt in green; Flat; No Suggest gave profit;
Hold ICICIBANK>294 if in; TATAMOTORS stuck;
TATASTEEL Marginal; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
NMDC Going down; Low Volume; Avoid, for now
POWERGRID Flat & Uncertain; Avoid, for now
TATAMOTORS Stuck at 447 Old levels still valid; Can jump up
ICICIBANK Hold>294, SL-290 Flat; Can go up again..
RCOM Choppy & Uncertain; Low Volume; Avoid
TATASTEEL Marginal at 306 This does not look very promising

Our Suggests have also stagnated together with the general market; Not much is
expected from any of our Suggests now, unless we get some trigger-driven movement;
You have to be very careful in such situations as big and sudden downsides can come
anytime, while upsides are very gradual; It will be best not to take any chances now,
and watch from the sidelines; Consider all angles before you take a decision;
Any wrong move can lead you to losses; Do not take unnecessary risks;
Stay Away, if in doubt.

The Nifty has remained in the narrow 8090-8110 range after our last Update; The index
is finding it very difficult to cross above the Resistance at 8120; Good thing is that it
is holding the level of 8100 till now; Nifty at 8105 now, in the green; Fluctuating just
around the 8100-mark; Asian markets are mixed but Europe is expected to open
mostly red; Not much help there; Although we expect 8120 to be crossed before
closing today, beware of sudden downsides on negative trigger; As we said, if it
comes, it will be sharper than the way upwards today at opening; Keep constant
vigil; Take all precautions when you proceed; Stay Away if you are not certain.

 


 

SMS-4

10June(2:30) Mkt in green; Flat; No Suggest gave profit;
TATAMOTORS ICICIBANK TATASTEEL stuck; All 3 good
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
NMDC Very Choppy; Low Volume; Avoid
POWERGRID Choppy & Uncertain; Can give chances after 148
TATAMOTORS Stuck at 446 Stuck again; Can jump up in last hour
ICICIBANK Stuck at 292 This canm also flare up in last hour
RCOM Choppy & Uncertain; Low Volume; Avoid
TATASTEEL Stuck at 306 This does not look very promising

There is no change to our situation after the last Update; No further profits have come,
neither do our Suggests look attractive at this time; Three of them are stuck and two
of these might give some opportunity; Like we said before, it is best not to take any
chances now and watch from the sidelines, unless the Nifty starts to move up again;
Consider all angles before you take a decision; Any wrong move can lead you
to losses; Do not take unnecessary risks; Stay Away, if in doubt.

The Nifty is still in the narrow 8090-8110 range after our last Update; The Resistance
at 8120 is proving to be very strong; The Nifty is holding the level of 8100; At 8110
now, in the green; Global cues are turning positive as Asia is closing mixed but Europe
is in the green at this time, and improving; There are no domestic cues; We expect
8120 to be crossed before closing today; In any case, 8100 will be held definitely
at closing; Do not take any unnecessary risks in last hour; Protect your profits;
Today, we will close green.

 


 

Please also see our Today's Performance or Details page