IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 08-July-2015


 

SUGGESTS:

 

CROMPGREAV

 

JETAIRWAYS

 

TVSMOTOR

 

ALSO SEE:

ADANIPORTS

ARVIND

RELINFRA

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, 08-July-2015

SMS Pre-Market

Suggests: CROMPGREAV JETAIRWAYS TVSMOTOR;
Also See: ADANIPORTS ARVIND RELINFRA;
Valid for 08-July-2015; All for LONG;
See site for 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

08July(10:00) Gap-down openng; Choppy;
See CROMPGREAV>184 TVSMOTOR>270;
Watch JETAIRWAYS>351 ARVIND>292;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 80-point gap-down opening for the Nifty today following negative global cues;
However, the Nifty has developed a distinct positive bias immediately after opening,
and is at 8455 now, in the red; We expect this positive trend to continue, and our
market to recover sufficiently to get back to 8500-level in the course of the day;
Meanwhile, you could have already made some profits with CROMPGREAV following
PricePoints; CROMPGREAV should have been in at 181 and out at 184; If still in,
Hold CROMPGREAV>184 with a Stoploss of 180; If you have missed that,
see these if market upsurge comes with good volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CROMPGREAV 184 180 185 188 320
TVSMOTOR 270 267 272 275 220

Also watch JETAIRWAYS>351 and ARVIND>292 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

08July(11:00) Mkt -ve, choppy; TVSMOTOR gave profit;
Hold TVSMOTOR>273 if in; See CROMPGREAV>184
now if mkt turns up; Others going down; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CROMPGREAV In at 181, Out at 184
See above 184
No further development after initial rush;
Going down now; Can give a second chance
JETAIRWAYS Going down; Avoid, for now
TVSMOTOR In at 270, Out at 272.70
Hold>273, SL-268
Going down now, after the profit-run;
Wait for upside; Enter again after 272
ADANIPORTS Going down; Avoid, for now
ARVIND Going down; But this can turn around..
RELINFRA Going down; Avoid, for now

Two of our Suggests have given some profits in the first phase, but after 11am all
have started to fall; The Nifty is also falling at this time; Do not hold anything; It will
be better if you exit and re-enter if upside returns in the market; It will be better to
wait now for the Nifty to settle and then start looking for opportunities in LONG in
intraday; Best to Stay Away now; 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 has gone down further after a big gap-down opening; The positive bias
we thought we saw in the last Update, has now been replaced by a profit-taking
fall; From about 8460 the Nifty has come down to below 8400; Nifty is at 8380 now,
deep in the red; There is Support at 8370 that might offer some base, and the Nifty
can bounce back from there, we hope; But some more downside till about 8350 is
possible; Later in the day, we expect atleast 8400 to be re-gained by the Nifty;
Avoid taking unnecessary risks; Remember, any wrong move can take you
in losses; Stay Away if you are not sure.

 


 

SMS-3

08July(12:30) Mkt in red; Going down; No Suggests gave profit;
See TVSMOTOR>269 RELINFRA>401 if mkt turns up now;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV No development since last Update; Can
turn around now; Watch after 183
JETAIRWAYS Same here, Can turn around;
Watch after 340
TVSMOTOR Watch after 269 This is turning around after a fall..
ADANIPORTS Choppy; Can turn around; But be careful here
ARVIND Choppy; Can turn around if the Nifty goes up
RELINFRA Watch after 401 This is turning around after a fall..

As we have mentioned in the box above, almost all our Suggests show potential
now of turning up from present lows and many of them can give profits in LONG;
That is because the Nifty is showing signs of bottoming out and turning up now;
We have been waiting for this to happen, as per or last Update, and our profitability
will depend on whether that happens or not; Needless to say, you have to be very
careful going forward; Any wrong move can take away your profits and lead
losses; Do not take unnecessary risks now; Protect your profits;
you to Stay Away, if you are in doubt.

The Nifty has gone down further after our last Update, as was expected; At 8340
now, a massive 170-points down from yesterday's closing; Downside till 8350-8340
was expected as this is a Support level; Technically, the Support at 8340 is still
holding; And is likely to hold for some time; Like we said before, we expect some
upside to come before the end today, that will take the Nifty towards 8400; Global
markets are still reeling with Japan, China, Hongkong, Taiwan very heavily down;
But Europe has opened higher on new Greek deadline; Not much help is expected
from outside; Avoid taking unnecessary risks; Protect your profits;
Stay Away if you are not sure.

 


 

SMS-4

08July(2:30) Mkt in red; Choppy; 2 Suggest gave profit;
JETAIRWAYS>344 RELINFRA>406 still good for more
in LONG if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CROMPGREAV Stuck at 180; Low chances of turn around now
JETAIRWAYS In at 340, Out at 344
See again after 344
Some profits have come; There can be more
TVSMOTOR The upturn was weak; Avoid
ADANIPORTS Here also, the upturn was weak; Avoid
ARVIND This has disappointed today; Avoid
RELINFRA In at 401, Out at 406; See again after 406 There can be more here in the last hour

Many of our Suggests have turned up from the day's lows, as was expected, and 2
of them have given some profits in LONG; These 2 are capable of giving more today
in the last hour; The general market is doing OK and going up slow and choppy;
Hence, there can be chances; But, as we always say in these circumstances, if
you have already made your targeted profits for the day then you should close
shop and go home with you gains; Do not take any unnecessary risks in the
last hour; Protect your profits; Best to Stay Away now.

The Nifty has staged a small come-back, exactly as we had expected, and is above
the psychological mark of 8400; At exactly 8400 now, in the red, having touched a
high of 8420 a little while ago; The Support at 8340 has held today and the Nifty
has bounced up from there; Globally, Asian markets are closing heavily in the red,
but Europe is trading with a healthy positive bias on new hopes with Greece; For
our markets, the huge gap-down opening today has proved difficult to handle; We
have fallen further after opening, and now it will be very difficult to make up the lost
ground till 8550; In fact, we now feel that even the Support at 8340 may not hold
today or tomorrow; But a closing around 8400 might just be possible today; 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