IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 04-Aug-2015


 

SUGGESTS:

 

ITC

 

JKTYRE

 

LICHSGFIN

 

ALSO SEE:

CANBK

EXIDEIND

PTC

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, 04-Aug-2015

SMS Pre-Market

Suggests: ITC JKTYRE LICHSGFIN;
Also See: CANBK EXIDEIND PTC;
Valid for date: 04-Aug-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8560, 8590, 8640, 8690, 8730;
NIFTY Support levels are: 8500, 8460, 8430, 8390, 8340;

 


 

SMS-1

04Aug(10:00) Gap-up openng; Choppy;
See ITC>331.50 CANBK>299;
Watch JKTYRE>122 PTC>73.70;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Slight gap-up opening for the Nifty today around 8565, but the Index had taken
a big jump downwards immediately after opening that has taken it to almost 8500-
level ahead of crucial Reserve Bank of India's third monetary policy review due later
today; Although the consensus is that rates will remain unchanged, there are lone
voices that say rates can be lowered by RBI; Weakness among the global peers on
the back of downbeat US economic data and disappointing manufacturing data from
China are also factors to consider; Proceedings in Parliament are also being watched
on the GST front and the land bill issue; The Nifty is at 8525 now, in the red, trying
to recover from the initial fall; There is Support at 8500 and strong Resistance is at
8560; But today, the RBI decision will dictate further direction; Meanwhile, CANBK
could have already given you some profits following PricePoints; CANBK should
have been in at 296 and out at 298; If you have missed that, no worries;
See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 331.50 327 333 337 180
CANBK 299 295 302 307 200

Also watch JKTYRE>122 and PTC>73.70 if upsurge comes now;
All 6 Suggests are important to us and we will track all 6 throughout the day
today; Take position in above scrips only if you are absolutely confident;
All for LONG; Stay Away if not sure.

 


 

SMS-2

04Aug(11:00) Mkt -ve & choppy; No Suggest gave profit;
See LICHSGFIN>514 CANBK>299 PTC>73.70
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ITC Recovering after a fall; May turn up later
JKTYRE Flat & Quiet; Avoid, for now
LICHSGFIN See above 514 Choppy & Uncertain; But watch this..
CANBK In at 296, Out at 298
See again above 299
There can be more in this today
EXIDEIND Flat & Quiet; This might go up suddenly
PTC See above 73.70 This is also quiet; Watch this..

News Flash:
RBI keeps repo rate unchanged at 7.25%; RBI keeps CRR unchanged at 4%

All our Suggests were tentative and were waiting for the RBI news to come in;
Now it is in; And, as expected, there has been no change; You have to wait till the
market stabilises and takes a proper direction; It is best now to wait for some time;
Do not over react; Be careful and hope for the best; Keep constant vigil; Be quick to
react in any situation; 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 been very scrappy and took wild turns as soon as the RBI news came in,
but the RBI action is on expected lines and this news has already been factored into
the market; There were no surprises, on either side; The Nifty is at 8520 now, in the
red, but expected to recover and get back into the green by our next Update; Support
at 8500 has been strong, and the target now is the First Resistance at 8560; There
will of course be choppiness along the way; Do not take any undue risks; Remember,
any wrong move on your part can put you into losses; Stay Away, if in doubt.

 


 

SMS-3

04Aug(12:30) Mkt in red; Choppy; 3 Suggests gave profit;
Hold CANBK>308 if in; See LICHSGFIN>521 EXIDEIND>153.50;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ITC Going down; Avoid, for now
JKTYRE Very Flat & Quiet; But watch after 122
LICHSGFIN In at 514, Out at 520
See again above 521
Has come down; Choppy; But watch this..
CANBK Out at 308;
Hold>308, SL-302
There can be more in this today
EXIDEIND In at 152, Out at 153
See again above 153.50
Going Flat & Quiet now;
Can give another chance
PTC Very scrappy; Avoid, for now

3 of our Suggests have been able to give profits in an uncertain day today; This
is good going; Even now, these 3 are well placed to give more profits in LONG; But
we would like to raise some caution at this point; We feel the market is about to go
down; So, it will be better to quit and take home your profits now; Better to play
safe; Remember, any wrong move can take away your profits and take you to
losses; Do not take unnecessary risks; Protect your profits; Stay Away,
if you are not sure about what to do.

The Nifty is at 8510 now, in the red, still holding on to the 8500-mark; But how much
longer will this level hold, is doubtful; Although the RBI action was largely on expected
lines, some disappointment can be shown by the market; Support at 8500 may not
hold now; However, we expect the Nifty to recover later today and get back above
8540-8550 before closing today; Further movement 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

04Aug(2:30) Mkt in red; Choppy; 2 Suggests gave profit;
JKTYRE CANBK EXIDEIND still good for more in LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ITC Stuck at 331; Can give a sudden chance
JKTYRE In at 122, Out at 123.70 There can be more here in the last hour
LICHSGFIN Choppy & Uncertain after last Update; Avoid
CANBK There can be more in this in the last hour
EXIDEIND Out at 154 There can be more here in the last hour
PTC Very scrappy & low volume; Avoid

Our Suggests have done a good job in an uncertain day today; There is still chance
for more in the last hour; Even then, we will say the same thing again: if you have
made your profits for the day, it is better to play safe and call it quits and take
home your profits; Do not take any rash step that can take you to losses;
Protect your profits; Best to Stay Away now.

The Nifty has made some recovery after our last Update and is at 8520 now, still in
the red, but up from the low of 8450; Nifty is back above the 8500-mark but seems
to have got stuck at this 8520 level; The index is not being able to go above this in
several attempts; We still feel that it will get back above 8540-8550 before closing
today; A closing above 8550 for the Nifty may still be possible; Do not take any
unnecessary risks in last hour; Protect your profits; Today, we will close flat/green.

 


 

Please also see our Today's Performance or Details page