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Alerts / Updates

for Wednesday, 29-July-2015


 

SUGGESTS:

 

ASHOKLEY

 

DISHMAN

 

PNB

 

ALSO SEE:

JETAIRWAYS

JINDALSAW

LICHSGFIN

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, 29-July-2015

SMS Pre-Market

Suggests: ASHOKLEY DISHMAN PNB;
Also See: JETAIRWAYS JINDALSAW LICHSGFIN;
Valid for: 29-July-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8380, 8410, 8450, 8480, 8500;
NIFTY Support levels are: 8310, 8270, 8240, 8200, 8160;

 


 

SMS-1

29July(10:00) Gap-up openng; Choppy;
See DISHMAN>205 JETAIRWAYS>368;
Watch ASHOKLEY>84.70 JINDALSAW>82.50;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty today around 8370 following good Asian
cues; Trading is expected to be cautious today on two counts: Markets are expecting
a signal from the US Fed on whether to expect a rate hike in September or not; This
will dictate terms for many economies around the world; And second, we have the
F&O Expiry tomorrow; We expect the Nifty to be in range-bound trading mostly today,
above the 8350-mark; Meanwhile, there was chance to get some early profits from
DISHMAN JETAIRWAYS following pricePoints; DISHMAN should have been in at 201
and out at 204.70; If still in, Hold DISHMAN>205 with StopLoss of 198; Otherwise,
see below; JETAIRWAYS should have been in at 360 and out at 367.50; If still in,
Hold DISHMAN>368 with a StopLoss of 360; Otherwise, see these if
market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 205 198 207 210 290
JETAIRWAYS 368 360 370 374 160

Also watch ASHOKLEY>84.70 and JINDALSAW>82.50 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

29July(11:00) Mkt +ve; Range-bound; JINDALSAW gave
profit; See DISHMAN>204 JETAIRWAYS>367
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASHOKLEY Can give more profits; Watch above 84.70
DISHMAN In at 201, Out at 204.70
See again above 204
There can be more in this today
PNB Going down; Avoid, for now
JETAIRWAYS In at 360, Out at 367.50
See again above 367
There can be more in this today
JINDALSAW In at 82.50, Out at 84 Going down; Avoid, for now
LICHSGFIN Choppy & Undecided; Avoid, for now

Good profits have already come from 3 of our Suggests; 2 of them are poised to give
more profits from here on; The general market has become choppy and is trading
within a range; Our Suggests have also become flat; Things might improve if the Nifty
starts to move up; Otherwise, Stay on the sidelines and protect your profits; Be quick
to react in any situation; Keep constant vigil; Look at all angles before you take any
decision; Remember, any wrong move can take you to losses; Do not take
unnecessary risks; Stay Away, if you are not sure about what to do.

The Nifty has remained in a range above 8350, just as we had expected; At 8360
now, in the green; There is Support at 8340; First Resistance is at 8380; We expect
the Nifty to remain within these limits till our next Update; There is chance of some
downside today unless we get some good news to pull our market up; Do not
take any undue risks; Remember, any wrong move on your part can
take you to losses; Stay Away, if in doubt.

 


 

SMS-3

29July(12:30) Mkt in green; +ve bias; 2 Suggests added profits;
Hold DISHMAN>214 JETAIRWAYS>370 if in; See PNB>138
LICHSGFIN>492; Await Europe; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Choppy & Uncertain; Avoid, for now
DISHMAN Out at 214
Hold>214, SL-210
This has flattened out; Careful now..
PNB Might develop +ve bias; Watch after 138
JETAIRWAYS Out at 369.50
Hold>370, SL-365
There can be more in this today
JINDALSAW Took a fall; Might turn up again, later
LICHSGFIN This also might turn up; Watch after 492

Like yesterday, good profits have already come from 3 of our Suggests, and 2 of them
can add more profits today, if the general market improves; There are good chances
of that happening; But keep your eyes open; Do not get over excited and take
any rash step that can take you to losses; Protect your profits;
Stay Away, if you are not sure about what to do.

The Nifty has remained in a range above 8350, but the upper limit has been elevated
to 8370; Nifty is at this level of 8370 now, in the green, having come up from 8345;
There can be a halt here, but we expect more upside to come later today; The
Resistance at 8380 will be tested soon; Next move will be news driven; Look
at all angles before you take any decision; Protect your profits;
There should not be any losses today.

 


 

SMS-4

29July(2:30) Mkt in green; Choppy; JETAIRWAYS added
profit; Hold JETAIRWAYS>375; PNB Marginal; Watch
ASHOKLEY if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Very scrappy; But watch after 84.70
DISHMAN No further development after last Update;
Going flat; Can flare up again..
PNB Marginal at 138 There is chance that some profits will come
JETAIRWAYS Out at 375
Hold>375, SL-370
There can be more in this in last hour
JINDALSAW Took a fall; Going down; Avoid
LICHSGFIN Choppy & Uncertain; Avoid

Our Suggests are doing a good job, and some still look good for more in last hour;
Problem is, the general market is not catching steam; The positive bias is not really
setting in; We go back to the original advice: if you have made your profits for the
day, it will be best to get out now; Do not stretch your luck, do not take any further
chances, do not risk your profits; Better to play safe and not over-react and take
any rash decision in the last hour; There should not be any losses;
Better to Stay Away now.

The Nifty Resistance at 8380 has acted strong and prevented the index from going up
after our last Update; Went down to 8350 from 8380; Recovering again; At 8365 now,
in the green, going up towards 8380 again; But there is no strength in the upsurge;
Asia is closing mostly in the green and Europe is all in green; Our original stand, that
the Nifty will remain within the 8350-8380 band, still stands; But we will surely get
a green closing above 8350 today; Do not take any undue risks now; Best to
Stay Away and protect your profits; Today, we will close green.

 


 

Please also see our Today's Performance or Details page