IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 12-Aug-2015


 

SUGGESTS:

 

DISHMAN

 

WIPRO

 

ZEEL

 

ALSO SEE:

CROMPGREAV

IBREALEST

MOTHERSUMI

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, 12-Aug-2015

SMS Pre-Market

Suggests: DISHMAN WIPRO ZEEL;
Also See: CROMPGREAV IBREALEST MOTHERSUMI;
Valid for: 12-Aug-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8480, 8530, 8560, 8590, 8620;
NIFTY Support levels are: 8440, 8390, 8340, 8310, 8270;

 


 

SMS-1

12Aug(10:00) Flat openng; -ve bias;
See WIPRO>571 ZEEL>417;
Watch CROMPGREAV>189 MOTHERSUMI>347;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat start for the Nifty today around 8450; The Nifty has gone down
another 40-points immediately after opening to go below 8410; Our markets are
likely to witness weak trading today tracking losses in all global markets after China
allowed the Yuan to fall sharply for a second straight day; The Rupee has tumbled to
a 2-year low, depreciating 54p to 64.73 against USD in early trades today; Meanwhile,
caution is likely to prevail ahead of the key macroeconomic numbers, CPI and IIP due
to be released later during the day; Movement of the Rupee and crude oil, coupled
with Parliament proceedings is likely to dictate the trend for the market today; The
Nifty is at 8400 now, in the red, having touched a low of 8380; We expect range-
bound trading in the 8380-8440 range for some time; Some more downside is
possible; First Support is at 8390 and there will be Resistance at 8480-8500;
Meanwhile, see these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
WIPRO 571 564 574 576 100
ZEEL 417 411 420 424 140

Also watch CROMPGREAV>189 and MOTHERSUMI>347 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

12Aug(11:00) Mkt -ve & choppy; No Suggest gave profit;
See DISHMAN>210 WIPRO>571 IBREALEST>67.70 now
if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DISHMAN See Above 210 Recovering after a fall; Watch this..
WIPRO See Above 571 Steady around 568; Watch this..
ZEEL Choppy & Uncertain; Avoid, for now
CROMPGREAV Going down; Avoid, for now
IBREALEST See Above 67.70 Choppy; But watch this..
MOTHERSUMI Choppy & Uncertain; Avoid, for now

Our Suggests are not very well placed for profits in LONG at this time; Some show
promise, but overall, the situation is not very good; The general market is on its way
up, so some improvement in prospects might come if the Nifty keeps going up; Keep
constant vigil; Our opportunity will come; Be quick to react in any situation; Look at
all angles before you take a 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 bounced back from the Support at 8390 after our last Update; At 8425
now, in the red, but recovering; But we do not expect any big upside at this time;
As said before, we expect range-bound trading in the 8380-8440 range for some
more time; Another downside is possible today if we get any negative trigger;
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

12Aug(12:30) Mkt in red; Flat; WIPRO gave profit;
See WIPRO>581 again if mkt goes up; No other looks
good at this time; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHMAN Choppy & Uncertain; Avoid, for now
WIPRO In at 571, Out at 581
See Again Above 581
This can give another chance; Watch this..
ZEEL Choppy & Uncertain; Avoid, for now
CROMPGREAV Recovering after a fall; Watch after 187
IBREALEST Choppy & Uncertain; Avoid, for now
MOTHERSUMI Flat & Quiet at 343; Might flare up..

Good profits have come from WIPRO after our last Update, following the levels we had
given; Right now, only this WIPRO is looking good for more profits in Intraday in LONG;
But the general market is going nowhere, and is expected to fall further today; So, we
go back to our old saying: if you have been able to get some profits from WIPRO, it
will be wise not to take any further risks at this stage; Do not take any risky
move can take you to losses; Protect your profits and Stay Away now.

The Nifty has remained in a range since our last Update; Fluctuating quietly in the
narrow 8410-8435 band; Like we said, we do not expect any great movement in the
Nifty unless we get some trigger - positive or ngative; But experts and analysts are
of the opinion that the Sensex could fall up to 800 points if GST Bill is not cleared in
today's parliament session; There is prediction that the market may crack by 2%-3%;
Globally, Asia is extending losses and Europe is also expected to open in the red due
to Chinese actions; Under such circumstances, be very careful about what you do;
Look at all angles before you take any decision; There should be no losses today.

 


 

SMS-4

12Aug(2:30) Mkt in red; -ve bias; No Suggest gave profit;
WIPRO>580 ZEEL>412 look good for profits in LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DISHMAN Going down; Avoid
WIPRO See Above 580 This can give another chance in last hour
ZEEL See Above 412 This can also give a chance in last hour
CROMPGREAV Going down; Avoid
IBREALEST Going down; Avoid
MOTHERSUMI Going down; Avoid

As we said in the last Update, there is no scope in this market anymore, and you
should avoid trading any further, in case you have not done so by now; There is a
chance of a pullback by the Nifty in the closing hours, but you should not bank on
that, notwithstanding what we have stated in the box above; It will be better to
play safe and take home whatever profits you have made today, if any; Go profit-
less, if you have to; Do not take any risky move that can lead you to losses;
Stay Away now.

The Nifty has gone from bad to worse after our last Update; At 8360 now, in the red;
With a definite negative bias; Support at 8390 has been breached; Levels under Nifty-
8350 looks possible now as the next Support at 8340 is under threat; Yesterday we
said 'The Nifty might fall till 8300-level if the Support at 8450 is breached' - that has
already happened; Now, 8310 is another strategic level; But we do not feel this level
will be tested today; World markets are totally in the red with Europe more than -2%
down; There is no good news on the domestic front as Rajya Sabha has again been
adjourned for the day; The Rupee is very weak at 64.8299; Even then, we expect
some sort of pullback from the Nifty in the last hour and a closing above
8350 today; Do not take any unnecessary risks now; There should
not be any losses; Today, we will close red.

 


 

Please also see our Today's Performance or Details page