IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 22-June-2015


 

SUGGESTS:

 

ARVIND

 

ASHOKLEY

 

CENTURYPLY

 

ALSO SEE:

AMBUJACEM

FORTIS

UCOBANK

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, 22-June-2015

SMS Pre-Market

Suggests: ARVIND ASHOKLEY CENTURYPLY;
Also See: AMBUJACEM FORTIS UCOBANK;
Valid for: 22-June-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8250, 8270, 8330, 8350, 8380;
NIFTY Support levels are: 8200, 8160, 8130, 8100, 8060;

 

Pre-Market Alert: 9:15am

A positive opening and robust trading is expected in our markets today following
firm Asian cues as peer markets have shown a rise after Greece has offered new
proposals to avert default; Markets gained for the sixth straight session on Friday
with Nifty settling above the 8200 level comfortably supported by sustained buying
across the board; Recent declines in the Chinese markets have also been a positive
for India because part of the money that FPIs have been pulling out has flown to
China; That is expected to return now; Financial markets in China are closed today;
Meanwhile, Rainfall in June is almost certain to be significantly more than normal, going
by predictions of weather scientists from Australia to the US; Global climatic conditions
have turbocharged the monsoon and given it the momentum to take it up to Kashmir in
three to four days, a week ahead of schedule, and accelerate agricultural activity in the
grain-bowl states of Punjab and Haryana; The monsoon has already delivered 16 per
cent excess rainfall since the start of the season on June 1, and is expected to remain
strong at least until the end of the month; This should cheer the markets and calm
fears of inflation, which had emerged as the monsoon made a sloppy start; For the
Nifty today, the strong Resistance of 8240-8250 may be taken out by a gap-up start
above 8250; Progress after that will depend on triggers received; Resistance at 8270
may also not be much of a problem, but 8300-8330 will probably be the limit today;
On the downside, 8200-8210 will be strong Support; As always, wait for a definite
chance; Then be quick to act; Take small profits and exit; Buy again if the
upsurge holds; Avoid undue risks; Stay Away, if you are not sure;
INR-US$ is at 63.4700; WTI Crude is at $59.61; Brent Crude is at $63.02

 


 

SMS-1

22June(10:00) Gap-up openng; Going up;
See AMBUJACEM>230 UCOBANK>59.50;
Watch ARVIND>245 CENTURYPLY>206;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Gap-up opening for the Nifty around 8260 today; The Nifty has developed a distinct positive bias after opening today and a high of almost 8300 has already been touched; At 8295 now, in the green; This 8300-8330 is good Resistance area, and we feel the Nifty will take a pause here and get into range bound trading in the 8280-8310 region till our next Update; There will be more upside later in the day; Meanwhile, see these if market upsurge strengthens now with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMBUJACEM 230 227 232 235 260
UCOBANK 59.50 58 60 61 1000

Also watch ARVIND>245 and CENTURYPLY>206 if upsurge
strengthens now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.

 


 

SMS-2

22June(11:00) Mkt has +ve bias; ARVIND gave profit; Hold
ARVIND>248 if in; See CENTURYPLY>206 UCOBANK>59.50
now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND In at 245, Out at 248
Hold>248, SL-244
Actually you should have exited and you
can re-enter if price goes up to 248 again
ASHOKLEY Choppy & Uncertain; Avoid, for now
CENTURYPLY See above 206 Stuck at 204; ELV; Keep watching..
AMBUJACEM Choppy & Uncertain; Avoid, for now
FORTIS Going down; Avoid, for now
UCOBANK See above 59.50 ELV; Progress is slow and choppy

Our Suggests are doing a moderate job today; Some good signs are seen, but today's
fantastic rise in the Nifty did not give any run-away success; But there is still time,
and some Suggests are showing good signs, but be very careful in LONG today;
Don't get over enthusiastic; 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.

Resistance at 8270 was broken at the opening itself, the Nifty has gone past 8310 and
the next Resistance at 8330 is being tested now; Nifty is just below 8320, almost 100-
points in the green; Like we said, this 8330 might hold the Nifty's progress, and we
might get into range bound trading around 8330 till our next Update; Upside will
resume later today; Avoid taking any unnecessary risks; Remember, any wrong
move can lead you to losses; Stay Away if you are not sure.

 


 

SMS-3

22June(12:30) Mkt in green; Going up; UCOBANK gave profit;
Hold UCOBANK>60.25 if in; See ARVIND>248 AMBUJACEM>230;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND See above 248 No action after last Update;
There can still be a second chance
ASHOKLEY Going up slowly; Watch after 70.50
CENTURYPLY Took a fall; Recovering; Watch after 201
AMBUJACEM See above 230 Going up; Watch this..
FORTIS Flat & Uncertain; Avoid, for now
UCOBANK In at 59.50, Out at 60.15
Hold>60.25, SL-59
Here also, you should have exited and you
can re-enter if price goes up to 60.15 again

As we can see, our Suggests are not going in tandem with the general market today;
Not much movement has been seen except for UCOBANK giving small returns; Some
of our Suggests have fallen instead of going up; Time to be very careful in LONG with
our Suggests now; Keep constant vigil; Wait for Trigger to be crossed; Then wait
some more to establish a firm upside is taking place; Only then consider an entry;
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.

Resistance at 8330 is still holding and the Nifty has remained quiet around 8330
since our last Update, exactly as we had predicted; There will be some more upside
later today, specially if Europe opens good; Next target is 8350+; However, 8330
will not be easy to cross, and might need a second try; Keep constant vigil; Avoid
taking any unnecessary risks; Remember, any wrong move can wipe off your
profits and take you to losses; Stay Away if you are not certain.

 


 

SMS-4

22June(2:30) Mkt in green; +ve bias; 2 Suggest gave profit;
CENTURYPLY AMBUJACEM Marginal; ARVIND UCOBANK
can still give more in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Out at 249 There can still be more in the last hour
ASHOKLEY Uncertain & Low Volume; Avoid
CENTURYPLY Marginal at 201 Just touched our Trigger at 201;
No upside after that; Avoid
AMBUJACEM Marginal at 230 This has chances of giving profits in last hour
FORTIS Choppy & Uncertain; Avoid
UCOBANK Out at 60.50 This has chances of giving more in last hour

Some profits have come at last, from our Suggests; Patience has paid off; Although
the profits have been nowhere the huge upsurge the Nifty has given; There is chance
for more in last hour, but be careful if you are holding; As always, look at all angles
before you take a decision; Do not take unnecessary risks in last hour; Remember:
Any wrong move can take away your profits and lead you to losses;
It will be better to Stay Away if you are not sure.

The Nifty has done a fantastic job today; There has been a clear and sustained upward
bias throughout the day today; The Nifty is at 8360 now, deep in the green; This means
almost 140-point rise already, and there is more to come; Resistance at 8270 is being
tested now; This should also be covered unless we get some negative trigger;
A closing above 8350 is very much possible; Do not take any undue risks
in last hour; Protect your profits; Today, we will close green.

 


 

Please also see our Today's Performance or Details page