IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 18-Aug-2015


 

SUGGESTS:

 

ASHOKLEY

 

CANBK

 

TATASTEEL

 

ALSO SEE:

DISHMAN

IRB

RECLTD

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, 18-Aug-2015

SMS Pre-Market

Suggests: ASHOKLEY CANBK TATASTEEL;
Also See: DISHMAN IRB RECLTD;
Valid for date: 18-Aug-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8500, 8530, 8560, 8590, 8620;
NIFTY Support levels are: 8450, 8420, 8390, 8340,8310;

 


 

SMS-1

18Aug(10:00) Gap-up openng; Going good;
See ASHOKLEY>94 CANBK>346;
Watch TATASTEEL>254 DISHMAN>217;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Gap-up opening, just above 8500 for the Nifty today; There was a small upward
push by the Nifty immediately after opening today to take the index to 8450-level;
A high of 8420 was touched; The Nifty is at 8510 now, in the green, trying to make
up the losses made yesterday; There is good Support at 8460-8450 zone; On the
upside, 8530 is a strong Resistance that needs to be crossed convincingly before
any further upsides; We expect range-bound trading in the 8500-8530 zone for
some time with some upside to come later today; Meanwhile, see these
if market upsurge comes again with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ASHOKLEY 94 93 95 96 630
CANBK 346 340 349 353 170

Also watch TATASTEEL>254 and DISHMAN>217 if upsurge comes again 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

18Aug(11:00) Mkt +ve & choppy; 4 Suggests gave profit;
See ASHOKLEY>98 CANBK>360 RECLTD>267 if mkt turns
up again; TATASTEEL Marginal; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASHOKLEY In at 94, Out at 98
See Again After 98
This can give a 2nd chance; Keep watching..
CANBK In at 346, Out at 360
See Again After 360
This can also give a 2nd chance; Watch this..
TATASTEEL In at 254
Marginal till now
No prospects seen here immediately
DISHMAN In at 217, Out at 221 Flat around 218 now; Watch this after 221
IRB Going down; Avoid, for now
RECLTD In at 265, Out at 267
See Again After 267
There can be a 2nd chance; Watch above 267

4 of our Suggests have given some profits already after opening today; And 3 of them
look good for more now; The general market was doing good but has now suddenly
started to fall now; Be very careful about what you do now; Look at all aspects before
you take any further decisions; Do not take any unnecessary risks that can take
you to losses; Stay Away, if you are not sure about what to do.

The Nifty has developed a slight negative bias in the last few minutes; At 8505 now,
in the green, still holding the 8500-level; Coming down from 8525; We expect the
Nifty to continue with range-bound trading in the 8500-8530 zone for some time;
But some more downside might come and we can go below 8500; Do not take
any undue risks; Remember, any wrong move on your part can take away
your profits and put you into losses; Stay Away, if in doubt.

 


 

SMS-3

18Aug(12:30) Mkt in red; Going down; No Suggests gave profit;
See ASHOKLEY>98 IRB>252; Await Europe openng;
Careful now.. See Site -INTDAY

 

Update-3: 12:45pm

Suggest Action - for LONG Comments
ASHOKLEY See After 98 Fluctuating around 97; Keep watching..
CANBK Took a fall; But can turn around..
TATASTEEL Uncertain; Avoid, for now
DISHMAN Going down; Avoid, for now
IRB See After 252 Choppy now, but watch this..
RECLTD Going down; Avoid, for now

3 of our Suggests are still hopeful of adding to the profits of the day; The Nifty is still
falling; But our Suggests are showing signs of turning around; Be very careful about
what decisions you take; Quitting and taking home your profits is a good option at
this point; There will be further opportunities only if the Nifty turns around; More
downsides can come anytime; Keep constant vigil; Do not take unnecessary risks
that can take away your profits and push you into losses; Best to Stay Away
if you are not sure about what to do.

The negative bias in the Nifty has continued after the last Update, due to the Moody's
downgrade of India's growth forecasts; The Nifty is at 8450 now, in the red, coming
down from 8525; 8500-level has been breached; This 8450 is also a Support level,
that we expect will hold for some time; We expect the Nifty to bounce back from
here and get back into the green later today; Consider all angles before you
take any decision; Protect your profits; There shouldn't be any losses today.

 


 

SMS-4

18Aug(2:30) Nifty has +ve bias; 2 Suggests gave profit;
ASHOKLEY>99.50 CANBK>355 DISHMAN>219 still good
for LONG if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Out at 99.50
See Again After 99.50
Fluctuating around 97; Keep watching..
CANBK See After 355 Turning around..
But best to Avoid this in last hour
TATASTEEL Turning around now; Watch after 252
DISHMAN In at 217, Out at 219
See Again After 219
Some profits have come following
PricePoints; There can be a 2nd chance
IRB Choppy & Uncertain; Avoid
RECLTD Turning around slowly;
But best to Avoid this in last hour

Our Suggests have given OK returns today also, and some are poised for more as the
Nifty keeps going up; However, it will be better if you quit at this time and take home
your profits; Do not take unnecessary risks that can take away your hard earned
profits and push you into losses; It will be better to play safe now;
Best to Stay Away now.

As we had correctly estimated in our last Update, the Nifty has bounced back from
the Support at 8450-8440 and has now climbed up into the green; The Nifty is at
8480 now, just above the line; While a shot at Nifty-8500 is about to take place
anytime now, and the Resistance at 8500 will be tested again, we do not feel there
will be any big upside beyond that before closing today; World markets are mixed
and the Rupee is still weak at 65.3600; We expect the Nifty to give a closing
below 8500-level today also; Do not take any unnecessary risks now;
There should not be any losses; Today, we will close flat/red.

 


 

Please also see our Today's Performance or Details page