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Alerts / Updates

for Tuesday, 11-Aug-2015


 

SUGGESTS:

 

DISHMAN

 

DLF

 

JINDALSTEL

 

ALSO SEE:

BHEL

PETRONET

POLARIS

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, 11-Aug-2015

SMS Pre-Market

Suggests: DISHMAN DLF JINDALSTEL;
Also See: BHEL PETRONET POLARIS;
Valid for date: 11-Aug-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8530, 8560, 8590, 8620, 8660;
NIFTY Support levels are: 8500, 8470, 8450, 8420, 8390;

 


 

SMS-1

11Aug(10:00) Flat openng; Going Choppy;
See DISHMAN>214 JINDALSTEL>87.50;
Watch PETRONET>192 POLARIS>225;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat start for the Nifty today around 8550; The Nifty has been flat and choppy
around the line after opening today; Yesterday's last hour profit-booking fall was
sharp and severe and might still have some momentum left today; We might see
some more downside at the beginning today; China's domestic currency Yuan has
fallen sharply today morning; This has had an effect on all currencies in Asia; Our
Rupee has depreciated 28 paise to 64.15 against the US dollar in early trades today;
Later in the day we expect all this to be taken care of and the Nifty should go back
to 8600-level, we feel; Nifty is at 8520 now, just below the line; First Resistance is
at 8560 and Support will be found at 8500; Meanwhile, you could have made some
profits in LONG already with JINDALSTEL following PricePoints; JINDALSTEL should
have been in at 86 and out at 87; If you have missed that, no problems;
See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 214 209 216 218 280
JINDALSTEL 87.50 85 88 89 680

Also watch PETRONET>192 and POLARIS>225 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

11Aug(11:00) Mkt flat & quiet; DISHMAN gave profit;
See DISHMAN>216 JINDALSTEL>87.50 now for LONG
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DISHMAN In at 214, Out at 216.50
See Again Above 216
Stuck now at 214; Keep watching this..
DLF Choppy & Uncertain; Avoid, for now
JINDALSTEL In at 86, Out at 87
See Again Above 87.50
There can be more in this today
BHEL Flat after a fall; Watch after 270
PETRONET Choppy; But watch after 192
POLARIS Going down; Avoid, for now

Our Suggests are doing OK as of now, and two good profits are already in the kitty;
There can be more, as 4 of our Suggests are well placed at this time; But we are in a
bit of a paradox also: PETRONET and POLARIS have done very well today morning from
a delivery-based trading perspective; But for Intraday Trading in LONG, they have not
performed at all till now; We, Intraday traders, have to live with this kind of situation
everyday; Keep constant vigil; Our opportunity will also 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 not been able to make any progress after our last Update; Has not
fallen, either; At 8515 now, marginally below the line, in the red; Trading with a very
slight negative bias in the narrow 8515-8530 band since the last one-hour; 8500-level
is being held by the Nifty since opening today; We expect this range-bound trading to
continue unless we get any negative trigger; Later today, we will see some upside;
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

11Aug(12:30) Nifty in red; Below 8500; DISHMAN added
profit; Hold DISHMAN>218 if in; No other looks good at
this time; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHMAN Out at 217.70
Hold>218, SL-213
Keep watching this..
DLF Recovering after a fall; Watch after 128
JINDALSTEL No further development after last Update;
Flat around 85 now; Can flare up again
BHEL Stuck at 268; Can flare up..
PETRONET Watch after 192; There can be chances..
POLARIS Recovering, but uncertain; Avoid, for now

As can be seen from our comments in the box above, our Suggests are in position
to deliver, provided the general market improves; However, some good profits have
already come, and if you have been able to get some of it, it will be wise not to take
any risks at this stage; Do not take any risky move can take you to losses; Protect
your profits; It is better to Stay Away now, if you are not sure about what to do.

The Nifty has taken a fall after our last Update and has gone below the important
level of 8500; At 8480 now, in the red; Support at 8470 has acted strong, and has
twice prevented the Nifty from falling further; Still in force; Next Support is at 8450
which is a very strong and strategic level; The Nifty might fall till 8300-level if the
Support at 8450 is breached; However, it looks like the slight negative bias that
had caused the last downside, has become weak now and the Nifty may get into
range-bound trading in the 8450-8500 band; There are no domestic good news
as Parliament logjam continues; Globally, Asia is all in the red and Europe is
set to open lower as Greece deal is seen struck; But we still feel 8450 will
hold unless we get any negative trigger; Look at all angles before
you take any decision; There should not be any losses today.

 


 

SMS-4

11Aug(2:30) Mkt in red; Recovering; BHEL gave profit;
Hold BHEL>271 if in; DLF PETRONET looks good for
LONG if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DISHMAN No further development after last Update;
Going down now; Avoid
DLF Fell further; Recovering; Watch after 126
JINDALSTEL No development; Can flare up after 84
BHEL In at 269, Out at 270.50
Hold>271, SL-267
Small profits have come; Can give more
PETRONET Took a big fall after our last Update;
Recovering; Can be chances after 190
POLARIS Flat & Uncertain; Avoid

We still see isolated chances from some of our Suggests for profits in LONG in the last
hour; But our confidence levels in this situation is not very strong; The general market
is also on the way down; So, we will say this again: if you have made adequate
profits for the day, Stay Away now; It will be wise not to take any new risks at
this stage; Play safe, and protect your profits; Do not take any risky move
that can take away your profits and lead you to losses.

The Support at 8450 has held strong for the Nifty, exactly as we had expected;
A low of 8440 was touched by the index after our last Update; The Nifty is at
8470 now, in the red, having bounced up from the day's low; Support at 8450 is
still holding; Globally, there has been a sell-off, as all major exchanges around the
world are in the red due to the Chinese currency devaluation; On the domestic front,
there is no good news as Rajya Sabha has been adjourned for the day; The Rupee
is still weak at 64.2199; However, we still feel that range-bound trading will
continue in the 8450-8500 band unless we get any negative trigger; Protect
your profits; There should not be any losses; Today, we will close red.

 


 

Please also see our Today's Performance or Details page