IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 07-July-2015


 

SUGGESTS:

 

ARVIND

 

CIPLA

 

UNIONBANK

 

ALSO SEE:

AMBUJACEM

ESCORTS

JETAIRWAYS

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 Tuesday, 07-July-2015

SMS Pre-Market

Suggests: ARVIND CIPLA UNIONBANK;
Also See: AMBUJACEM ESCORTS JETAIRWAYS;
Valid for: 07-July-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8560, 8600, 8630, 8690, 8730;
NIFTY Support levels are: 8480, 8450, 8430, 8400, 8370;

 


 

SMS-1

07July(10:00) Flat openng; Going Choppy;
See ARVIND>292.50 UNIONBANK>168.50;
Watch AMBUJACEM>246 ESCORTS>139.50;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today after the fantastic recovery yesterday; The Nifty
had a 90-point gap-down opening yesterday below 8400 after Greece voted 'No'
in Sunday's referendum; Global markets suffered a sell-off as a result; The Greek
problem is not over yet, and we might see some more instability in world markets
this week; For our market, some consolidation is expected today around the
8550 mark; Holding above the Support zone at 8450-8480 will be the main
task today; First Resistance is at 8560, followed by a strong one at 8630;
Meanwhile, see these if market upsurge comes with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 292.50 286 294 298 200
UNIONBANK 168.50 165.50 170 171 350

Also watch AMBUJACEM>246 and ESCORTS>139.50 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

07July(11:00) Mkt +ve & flat; 2 Suggests gave profit;
Hold ARVIND>295 JETAIRWAYS>332 if mkt turns up;
No other looks good for LONG now; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ARVIND In at 292.50, Out at 295
Hold>295, SL-290
There can be more here today
CIPLA Swinging; Can give chances after 656
UNIONBANK Flat & Uncertain; Avoid, for now
AMBUJACEM Choppy & Risky; Avoid, for now
ESCORTS Had a big swing; Watch after 139
JETAIRWAYS In at 321, Out at 332
Hold>332, SL-325
Entry came following PricePoints;
But you have to be careful with this..

Our Suggests are on 50-50 grounds right now; While some profits have already
come, one outside our levels, and some more are likely to come in 2 or 3 Suggests,
the overall situation remains risky; The overall market is very flat and quiet; There is
no help expected from there; so, be very alert and careful; Specially if you are holding;
It will be better if you exit both and re-enter if upside returns in them; Look at all
angles before you take a decision; Be quick to react; Any wrong move can lead
you to losses; Do not take unnecessary risks; Stay Away, if you are in doubt.

The Nifty is at 8540, in the green, and has been in this region since our last Update;
The market consolidation that we were speaking of, is taking place and the Nifty has
been trading very quietly in the 8530-8555 band; There is Resistance at 8560 that
will have to be broken for further upside; We expect range-bound, quiet trading
to continue and some upside should come later in the day; Avoid taking
unnecessary risks; Remember, any wrong move can put you in losses;
Stay Away if you are not sure.

 


 

SMS-3

07July(12:30) Mkt in green; Going Flat; 3 Suggests gave good
profits; Hold ARVIND>298 AMBUJACEM>247 JETAIRWAYS>337;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Out at 298
Hold>298, SL-293
There can be more here today
CIPLA Flat & Uncertain; Avoid, for now
UNIONBANK Going down; Avoid, for now
AMBUJACEM In at 246, Out at 247
Hold>247, SL-244
Entry came from previous given level;
You have to be very careful with this..
ESCORTS Going down; Avoid, for now
JETAIRWAYS Out at 337
Hold>337, SL-330
You have to be careful with this also..

3 of our Suggests have given profits today, so far; It looks like all 3 have peaked
out and further upside can only happen if the general market starts to improve;
Hence, as we had said earlier, it will be better if you exit all that you are holding
and re-enter if upside returns in them; The overall market is still very flat and quiet;
Look at all angles before you take a decision; Be quick to react; Any wrong move
can take away your profits and lead you to losses; Do not take unnecessary
risks now; Protect your profits; Stay Away, if you are in doubt.

The Nifty is at 8535 now, in the green; Still in a narrow band between 8525-8550;
Has been like this since opening today; The consolidation is likely to continue, and
Nifty should remain range-bound unless we get some trigger; Asian markets are still
mostly red, but recovering; Europe is expected to open green as pressure mounts
on Greece; We expect some upside should come later in our markets that will
take the Nifty past 8550 on closing today; Avoid taking unnecessary risks;
Protect your profits; Stay Away if you are not sure.

 


 

SMS-4

07July(2:30) Mkt in red; Choppy; AMBUJACEM JETAIRWAYS
added profit; JETAIRWAYS>340 looks good for more in
LONG if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND No further developments after last Update;
Doesn't look good anymore
CIPLA Going down; Avoid
UNIONBANK Going down; Avoid
AMBUJACEM Out at 247.50 This also, doesn't look good anymore
ESCORTS Flat & Low volume; Avoid
JETAIRWAYS Out at 340 Maybe the only one that can add to its
profits in last hour; But better not to hold

2 of our Suggests have added slightly to the profits already at hand today; But no
one is worth holding as the Nifty has started to fall sharply; It will be risky to stay
in this market any longer; Best to Stay Away now, and take home your profits;
As always, do not take any undue risks in the last hour; Protect your profits.

Instead of going up in the last hour, as we had expected, the Nifty has started to
fall sharply in a profit-booking spree; From 8540-level, the index has come down
to touch 8500 almost; Nifty is marginally above 8500 now, in the red; There can be
some more downside, but 8480 is a strong Support, as we said in our first dispatch
today; That should hold; And the Nifty should be able to come up, back to the line
by closing today; But a closing around 8550 might not be possible; Do not
take any undue risks in last hour; Protect your profits;
Today, we will close flat.

 


 

Please also see our Today's Performance or Details page