IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 11-June-2015


 

SUGGESTS:

 

BHEL

 

DISHTV

 

HEXAWARE

 

ALSO SEE:

ARVIND

ICICIBANK

VOLTAS

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, 11-June-2015

SMS Pre-Market

Suggests: BHEL DISHTV HEXAWARE;
Also See: ARVIND ICICIBANK VOLTAS;
Valid for date: 11-June-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8150, 8190, 8240, 8280, 8330;
NIFTY Support levels are: 8100, 8060, 8030, 8000, 7960;

 

Pre-Market Alert: 9:15am

A positive opening and robust trading is expected in our markets today tracking positive
global cues; The markets are likely to extended yesterday's gains today, with the Nifty
firmly above its crucial psychological level of 8100; Yesterday, markets bounced back
after seven straight day of losses on value buying and short covering in blue chip stocks
led by index heavyweight Reliance Industries; Further, market sentiment improved after
MSCI deferred inclusion of China A stocks to its benchmark indices which had triggered
the continuous outflow of funds by the foreign investors; Globally, US stocks jumped
up last night helped by optimism that Greece may be closer to reaching a deal with its
creditors and by gains in technology and financial shares; For the Nifty today, we are
now at an important Resistance level of 8120; This and 8150 may be taken out at the
opening itself, but no meaningful upside will be possible unless 8240 is crossed with
confidence; That is the 50% Fibonacci retracement level; Till that happens, the current
upside will only be considered as a bounce-back; There is good Support at 8030-8020;
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 63.8200; WTI Crude is at $61.43; Brent Crude is at $65.70

 


 

SMS-1

11June(10:00) Gap-up openng; Going Flat;
See DISHTV>104 HEXAWARE>296;
Watch BHEL>252 VOLTAS>348;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty around 8160 today; The Nifty has taken a slight
negative turn right at the opening itself and has climbed down to 8130, just above
the line; At 8140 now, in the green; But there is a definite negative bias that can
take the Nifty into the red; Resistance at 8150 has not been crossed as yet;
Earlier Resistance at 8120 might come in as a Support now; Meanwhile, DISHTV
could have given you some profits already following PricePoints; DISHTV should
have been in at 102 and out at 104; If still in, Hold DISHTV>104 with StopLoss
at 101; Otherwise, see these if market upsurge comes now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHTV 104 101 105 106 570
HEXAWARE 296 290 298 300 200

Also watch BHEL>252 and VOLTAS>348 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

11June(11:00) Mkt -ve & going down; DISHTV added profit;
Hold DISHTV>105 if in; No other looks good for
LONG now; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL Going down; Might turn up; Watch after 251
DISHTV In at 102, Out at 105
Hold>105, SL-102
This can give more today
HEXAWARE Going down; Avoid, for now
ARVIND Going down; Avoid, for now
ICICIBANK Going down; Avoid, for now
VOLTAS Going down; Avoid, for now

Our Suggests are following the market trend today; Only DISHTV is going against the
trend and has already given good profits; This can give more from here; For the others,
it is better to avoid them till the slide in the Nifty stops; There is very good chance that
the Nifty will level out now; 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 been going down steadily since opening today; All the experts have been
proven wrong; Our market did not extended yesterday's gains but has gone down to
below 8050; The Nifty is at 8040 now, in the red, going towards 8000-mark; Already
more than 120 points down in intraday; There is Support at 8030-8000; We will have
to wait and see whether these will hold; It will be best to be in the sidelines and wait
for the Nifty to level out before venturing out in intraday in LONG; Avoid taking
any unnecessary risks; Stay Away if you are not sure.

 


 

SMS-3

11June(12:30) Mkt in red; Going Flat; DISHTV added
slight profit; None look good now; All can profit if
mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Might turn up now; Watch after 249
DISHTV Out at 105.50 Flat at 104 now; Can give a 2nd chance
HEXAWARE Flatenned out; Watch after 288
ARVIND Might turn up now; Watch after 237
ICICIBANK Flat at 288; Watch after 290
VOLTAS Very Uncertain; Avoid, for now

No further hope is seen from our Suggests, including DISHTV, unless the Nifty does a
star turn; If you have made some profits with DISHTV till now, it will be best to Stay
Away now and take home your profits; Unless, as we said, the Nifty starts to go up
smartly; Keep constant vigil; 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 been stopped by the Support at 8030; At 8045 now, in the red; Having
come down from a high of 8160 at opening; But the problems with the Nifty may not
be totally over, and some more downside might come till 8000; This Nifty-8000 is
positional Support for the last few days and expected to be the bottom of this bear run;
If 8000-mark is breached, the Nifty can fall big time; On our part, we feel the Nifty will
rise up from 8000-level and hold 8050 today; Keep constant vigil; Take all
precautions when you proceed; Stay Away if you are not certain.

 


 

SMS-4

11June(2:30) Mkt in red; Going down; No Suggest gave profit;
None look good for LONG now; All can profit if the Nifty
turns up in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Going down; Avoid
DISHTV A half-hearted 2nd chance came; Can come again
HEXAWARE Going down; Avoid
ARVIND Going flat now; Watch this..
ICICIBANK Going down; Avoid
VOLTAS Very Uncertain; But watch this..

There has been no positive development with our Suggests after the last Update;
The general market is also going down; At this time, it is best to Stay Away from this
market; If you have made some profits with DISHTV, be happy and take home your
profits; If nothing has come, be comforted that you have not gone into loss on such
a bad day; Do not take unnecessary risks in last hour; It is best to Stay Away now.

The Nifty has gone from bad to worse; At 8000-level now, in the red; This level has
held the Nifty from going down twice already just now; We are not sure if it will hold
ultimately; Our expectation that the Nifty will rise up from 8000-level and hold 8050
today, may not happen; Global cues are positive, however, as Asia is closing mostly
green and Europe is also mostly green; But there are no domestic cues; As we said
before, if 8000-mark is breached at closing today, the Nifty can fall big time next
week; It is best to Stay Away from this market now; Do not take any undue
risks in last hour; Protect your profits; Today, we will close red.

 


 

Please also see our Today's Performance or Details page