IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 01-July-2015














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, 01-July-2015

SMS Pre-Market

Valid for date: 01-July-2015; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8400, 8430, 8460, 8490, 8560;
NIFTY Support levels are: 8330, 8300, 8270, 8240, 8200;




01July(10:00) Flat openng; Going Up;
Watch COALINDIA>428 ZEEL>368;
All for LONG if upsurge holds; Details at site -INTDAY


Update-1: 10:00am

Nifty had a flat opening today around 8380 and has developed a healthy positive
bias immediately after opening that has taken the Nifty past 8400; At 8410 now in
the green; This current growth is based on 2 factors: growth in eight core sectors
increased to 4.4% in May versus a decline of 0.4% in the month of April; This increase
is recorded after two consecutive months of decline, indicating a recovery in industrial
output; And second, according to the India Meteorological Department, in June, the
country received around 189.5 mm of rain as against a normal of around 163.6 mm;
Positive cues from the global peers also aided the growth; We expect that positive
momentum to continue and our markets should improve on yesterday's gains;
There is good Support at 8330-8300 while First Resistance is at 8430;
Meanwhile, see these if market upsurge holds with good volumes:

Name See
to buy
SBIN 265 262 267 269 220
TATASTEEL 307 303 309 314 190

Also watch COALINDIA>428 and ZEEL>368 if upsurge
comes now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




01July(11:00) Mkt has +ve bias; TATASTEEL gave profit;
Hold TATASTEEL>308.50 if in; See COALINDIA>428
IDEA>178 now if mkt upturn holds; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
COALINDIA See above 428 Just touched 428 once; Can be chances here
SBIN Choppy, but steady; Watch this after 265
ZEEL Going down; Avoid, for now
ARVIND Flat & Quiet; Watch after 275
IDEA See above 178 Uncertain now, but watch this..
TATASTEEL In at 307, Out at 308
Hold>308.50, SL-304
Cannot go over 308; Be careful with this

We have lots of positive signs from our Suggests today morning; But there is no
certainty with any of them; All look vulnerable, as of now, so you have to very careful
in going LONG in intraday; Specially because the overall market is expected to take
a pause at the 8430-8460 zone; 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.

The Nifty has continued on its upward journey after our last Update and is at 8430
now, 60-points in the green; This 8430-8460 is a Resistance zone and the Nifty is
expected to take a pause at this level; Upward journey to resume later in the day;
8380-8360 will act as Support now; Avoid taking unnecessary risks; Remember,
any wrong move can lead you to losses; Stay Away if you are not sure.




01July(12:30) Nifty stopped at 8440; +ve bias; 2 Suggests
gave profit; Hold SBIN>266 IDEA>180 TATASTEEL>308.50
if in; COALINDIA Marginal; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
COALINDIA Marginal at 428 Best to give up on this and concentrate
SBIN In at 265, Out at 266
Hold>266, SL-263
Watch this carefully; If downside comes,
get out quickly; Don't wait for StopLoss
ZEEL Going flat; Avoid, for now
ARVIND Flat & Quiet; Avoid, for now
IDEA In at 178, Out at 180
Hold>180, SL-177
As with SBIN, Watch this carefully and get
out if no upside comes in next half-hour
TATASTEEL Earlier Levels still Valid
Hold>308.50, SL-304
Still cannot cross 308;
Follow strategy of SBIN and IDEA

We are being very cautious at this point, simply because we feel that upside is
restricted from here; Nifty is unable to cross 8440; Whatever profits we have got so
far should be adequate; It is better now to wrap up and quit trading unless you are
with SBIN; If like in the last few sessions, the markets jumps up again in the last hour,
we will see what can be done at that time; Right now, it will be better to Stay Away;
Keep constant vigil; Do not take unnecessary risks; Stay Away, if you are unsure.

The Nifty has been unable to cross 8440 even after repeated attempts since about
10:30am today; There is every chance of some downsides if this level is not crossed
in the next half-hour or so; There is Resistance again at 8460; Support is now at
8410; It is time to be careful if you are holding; Take small profit and exit; Enter
again, if the upside continues; Keep doing this; We feel upward journey will
resume later in the day unless we get any negative cue; Avoid taking any
unnecessary risks; Stay Away if you are not sure.




01July(2:30) Mkt in green; +ve bias; 2 Suggests gave profit;
Hold SBIN>269 IDEA>180 if still in; ARVIND>272
looks good for LONG in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
COALINDIA No further development; Avoid
SBIN Out at 268.50
Hold>269, SL-266
There can be more here in last hour
ZEEL This has disappointed today; Avoid
ARVIND See Above 272 Going up from the low; Watch this..
IDEA Hold>180, SL-177 Cannot cross 180;
But there are still chances in last hour
TATASTEEL Out at 309 Flat & Choppy; Low chances in last hour

As we said before, we are still not very confident with our Suggests, except for
SBIN and, to some extent, IDEA; The General market is doing well; But do not get
overwhelmed; Keep your vigil, even with SBIN; If you are not holding SBIN, it will
be better to square off and Stay Away now; Do not lower your guard; Don't
take any hasty decision that can take you to losses; Protect your profits;
Stay Away if you are not confident.

The Nifty is doing great; Since the time of our last Update, the index has crossed
today's tough Resistance at 8440 and is now at the next one at 8460; This will be
crossed as the momentum upward is strong; Further Resistance is at 8490-8500 and
that is the target for today; Support is at 8410; Globally, China has its own problems
and is again down more than -5%, but otherwise, all markets around the world are
doing well on Greek hopes; All of Europe is over +1% in the green; For our market,
we do not feel we will get any great downside from here, unless we get any
negative cue; A close of above 8450 is expected; 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