IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 05-Aug-2015


 

SUGGESTS:

 

EXIDEIND

 

TATASTEEL

 

UNIONBANK

 

ALSO SEE:

ADANIENT

APOLLOTYRE

HEXAWARE

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, 05-Aug-2015

SMS Pre-Market

Suggests: EXIDEIND TATASTEEL UNIONBANK;
Also See: ADANIENT APOLLOTYRE HEXAWARE;
Valid for: 05-Aug-2015; All for LONG;
See site for 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

05Aug(10:00) Gap-up openng; Going Flat;
See TATASTEEL>268 UNIONBANK>214;
Watch ADANIENT>103.50 APOLLOTYRE>223.50;
All for LONG; Details at site -INTDAY

 

Update-1: 10:00am

A gap-up opening for the Nifty today around 8550, and positive trading has been
seen in our market since the start, inspite of down cues from global peers; Our
markets had snapped the 4-day winning streak yesterday on the back of RBI's move
to keep its repo rate unchanged at 7.25 per cent in its monetary policy review amid
profit booking; Experts are talking about a held-back and range-bound market today,
but we feel we will make up some of the recent losses today; The strong Resistance
of 8560 has already been tackled by the Nifty after opening today; The Nifty is at
8580 now, in the green, trying to get past the next Resistance at 8590, and the
psychological barrier of 8600; Support is at 8500; Meanwhile, see these
if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATASTEEL 268 264 270 272 220
UNIONBANK 214 210 216 218 280

Also watch ADANIENT>103.50 and APOLLOTYRE>223.50 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

05Aug(11:00) Mkt +ve & flat; No Suggest gave profit;
Hold TATASTEEL>268 if in; See UNIONBANK>213
ADANIENT>103.50 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
EXIDEIND Flat & Quiet; Avoid, for now
TATASTEEL In at 268
Hold>268, SL-264
Choppy, but can give profits today
UNIONBANK See above 213 Recovering after a fall; Watch this..
ADANIENT See above 103.50 Flat & Quiet; But promising..
APOLLOTYRE Flat & Quiet; Avoid, for now
HEXAWARE Going down; Avoid, for now

There was initial promise, but now all our Suggests are very tentative; Although
we have placed our faith in 3 of our Suggests in the box above, we are not at all
confident with any of them; The general market is also going nowhere, and that
is adding to the misery; But things change very fast at the stock market; Keep
constant vigil; The odd, quick chance can always come; Be quick to react in any
situation; Look at all angles before you take any decision; Do not take any risky
move can take you to losses; Stay Away, if you are not sure about what to do.

The Nifty has been flat and choppy in the narrow 8570-8590 band since opening
today; Range-bound trading it has been, as the experts had predicted, and range-
bound trading will remain for some more time, it seems; Unless we get some news
that can change direction, upwards or downwards; Nifty is at 8580 now, in the green,
still unable to cross the Resistance at 8590 after several weak attempts; On our part,
we believe that this Resistance and the 8600-mark will be crossed by the Nifty today;
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

05Aug(12:30) Mkt in green; Going Flat; No Suggest gave
profit; None look good for LONG now; All can profit
if mkt goes up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
EXIDEIND Flat & Quiet; Low volume; Avoid
TATASTEEL Marginal at 268 Very Flat; But can give profits today
UNIONBANK Going down; Avoid, for now
ADANIENT Very Flat; But still promising..
APOLLOTYRE Going down; Avoid, for now
HEXAWARE Going down; Avoid, for now

TATASTEEL and ADANIENT are the only hopefuls as of now; Of these two, TATASTEEL
has been Marginal till now; It is best that you remain Marginal in this till a sure positive
turn is seen; The general market is still flat, quiet and non-directional; All indications
show that we will go profit-less today; That is at least better than getting into a loss;
As we said, the odd, quick chance can still come; Be quick to react in any situation;
Look at all angles before you take any decision; Do not take any risky move that
can take you to losses; Better to play safe and go profit-less today.

The Nifty is still flat and choppy in the narrow 8565-8585 band since our last
Update; At 8580 now, in the green, but still under pressure from the Resistance at
8590; We still expect that this Resistance and the 8600-mark will be crossed by the
Nifty before closing today; Further movement will be news driven; Look at all
angles before you take any decision; Be prepared to go profit-less --
there should not be any losses today.

 


 

SMS-4

05Aug(2:30) Mkt Choppy; No Suggest gave profit; None look
good for LONG now; All can profit from present lows if
mkt turns up in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
EXIDEIND Has taken a fall; Recovering
TATASTEEL This is also recovering after a fall
UNIONBANK Going flat; Can turn up suddenly
ADANIENT Going down; Avoid
APOLLOTYRE Going down; Avoid
HEXAWARE Going down; Avoid

We are now prepared to go profit-less today; A last hour thrust might come in a few
of our Suggests, but we are not really expecting anything great; Follow PricePoints
if you get a chance; Be very, very sure before you get in; Otherwise, it is better not
to take any chances now; Do not take any risky move that can take you to losses;
Better to play safe and go profit-less today.

Instead of going up beyond the Resistance of 8590 and past the 8600-mark, as we
had expected, the Nifty has taken a fall after our last Update; From a high of 8590
the Nifty has gone down to 8555 almost; At 8570 now, in the green, going choppy
and very uncertain; The Resistance at 8590 has proved to be very strong and could
not be crossed in several attempts today; But the earlier stiff Resistance at 8560
seems to have given way; A closing above this 8560-level is what we are
expecting now; Do not take any unnecessary risks in last hour;
Today we might go profit-less; Today, we will close green.

 


 

Please also see our Today's Performance or Details page