IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 29-June-2015


 

SUGGESTS:

 

INDIACEM

 

PTC

 

TITAN

 

ALSO SEE:

ASHOKLEY

FORTIS

SBIN

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, 29-June-2015

SMS Pre-Market

Suggests: INDIACEM PTC TITAN;
Also See: ASHOKLEY FORTIS SBIN;
Valid for date: 29-June-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8420, 8460, 8490, 8560, 8600;
NIFTY Support levels are: 8360, 8330, 8300, 8270, 8250;

 


 

SMS-1

29June(10:00) Gap-down openng; Going Flat;
See PTC>68.50 ASHOKLEY>70;
Watch INDIACEM>93 TITAN>358;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Nifty had a big 140-point gap-down opening today around 8240 on the Greek
default fears that has now engulfed our market; The Nifty has been flat and quiet
after opening in the 8200-8240 range; At 8230 now, deep in the red; Negative Global
cues are likely to rule today, at least in the first half; There is good Support at 8200-
8160; First Resistance now is at 8250-8270; We believe our market will break out
and show positive trend later in the day; Needless to say, you have to be very
careful today in Intraday in LONG; Meanwhile, see these if
market upsurge comes with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PTC 68.50 66.50 69 70 870
ASHOKLEY 70 68.50 70.50 71.50 850

Also watch INDIACEM>93 and TITAN>358 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

29June(11:00) Mkt in red & falling; No Suggest gave profit;
See INDIACEM>93 ASHOKLEY>70 now if mkt turns up;
Be very careful today; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
INDIACEM See above 93 Earlier Levels still Valid (ELV);
Going choppy; Be very careful in LONG..
PTC Choppy & Uncertain; Avoid, for now
TITAN Going down; Avoid, for now
ASHOKLEY See above 70 Earlier Levels still Valid (ELV);
Stuck at 69.50; Be very careful in LONG..
FORTIS Going down; Avoid, for now
SBIN Choppy; But there can be chances here

No matter what we have said in the box above, today's market is very dangerous for
intraday trading in LONG; You need an expert hand to get profits out from this
market if the Nifty stays like this; Things will change once the Nifty starts to rise
with confidence; You should wait till that time, before you decide to buy; 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 you are in doubt.

Bad times continue for the Nifty as it has fallen to 8200-level after our last Update;
At 8205 now, deep in the red, come down from 8230; There is Support at 8200-
8160, which should hold, we feel; Unless we get some more bad news; Upside
expected later in the day; Avoid taking any unnecessary risks; Remember,
any wrong move can lead you to losses; Stay Away if you are not sure.

 


 

SMS-3

29June(12:30) Mkt in red; Going Flat; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt goes up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
INDIACEM Very Uncertain; Avoid, for now
PTC Choppy & going down; Avoid, for now
TITAN Has levelled out; Watch after 356
ASHOKLEY There can still be some chance after 70
FORTIS Flat & Uncertain; Avoid, for now
SBIN Flat & Uncertain; Avoid, for now

No change in the overall market situation after our last Update; Trading in today's
market is very risky for intraday trading in LONG; As said before, the situation can
change if the Nifty starts to move up smartly; At the same time, be prepared to go
profit-less today; It will be better to Stay Away and remain profit-less rather than
take a risky entry and end up in losses; Do not take unnecessary risks;
Stay Away, if you are in doubt and not sure of what to do.

Bad times continue for the Nifty; Still at the 8200-level since our last Update;
At 8215 now, deep in the red; Has been in the 8200-8220 range after our last
Update; There is Support at 8200-8160, which should hold; Unless we get some
more bad news; Upside expected later in the day; Let us see what happens;
Meanwhile, avoid taking any unnecessary risks; Stay Away if you are not sure.

 


 

SMS-4

29June(2:30) Mkt in red; +ve bias; 2 Suggests gave profit;
Hold TITAN>358 ASHOKLEY>70.60 SBIN>260;
No other looks good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
INDIACEM Touched a high of 92; Can flare up; But better
to Avoid this and concentrate on the others
PTC This has disappointed today; Avoid
TITAN In at 356, Out at 358; Hold>358, SL-352 This can give more in last hour
ASHOKLEY In at 70, Out at 70.60; Hold>70.60, SL-69 There can still be more chance here
FORTIS This has disappointed today; Avoid
SBIN In at 259;
Hold>260, SL-255
This can give some profits, but get out Marginal
if no upward movement in next 15-minutes

Some profits have come from our Suggests as the Nifty has started on the upward
journey, as was expected; TITAN and ASHOKLEY have already given something and
can give more; But we are sceptical about INDIACEM and SBIN; All-in-all, a very bad
day has been saved right at the end today; But do not lower your guard, specially if
you are holding; World markets are in very bad shape with ALL of Asia and Europe
in red and major markets average -3% down on the Greece issue; Our market,
while still in the red, is showing a positive bias like last Friday; But things can
turn bad at any time; It might be very risky if you want to continue for long;
Take your profits and exit; Do not take unnecessary risks in the last hour;
Protect your profits; Stay Away if you are not confident.

The Nifty has shown great character and has smartly gone up to above 8300 after
our last update; This was correctly predicted by us; Nifty is at 8320 now, still in the
red, up from the day's low of 8200; A lot of the opening losses have been made up,
but there is still some way to go before we become green; We do not feel that will
happen today, even though some more upside will come; Our market is moving up
absolutely against the trend worldwide; The Nifty level of 8320 is acting as good
Resistance, next Resistance is at 8350; That is the target now, for the day; 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