IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 19-Aug-2015


 

SUGGESTS:

 

ASHOKLEY

 

DISHMAN

 

JKTYRE

 

ALSO SEE:

JINDALSAW

TATASTEEL

UNIONBANK

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, 19-Aug-2015

SMS Pre-Market

Suggests: ASHOKLEY DISHMAN JKTYRE;
Also See: JINDALSAW TATASTEEL UNIONBANK;
Valid for 19-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: 8430, 8390, 8340, 8310, 8270;

 


 

SMS-1

19Aug(10:00) Flat openng; Choppy;
See DISHMAN>232 TATASTEEL>252.50;
Watch ASHOKLEY>98.70 JKTYRE>122.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty today around 8470; There has been a fall in the Nifty
immediately after opening today to take the index down to 8420-level due to
weakness in global markets; First Support at 8430 has worked and the index
has been pushed up from around 8425; At 8450 now, in the red; There is strong
Support at 8390; On the upside, 8530 is a strong Resistance that has not been
crossed in several attempts in the last few days; This level needs to be crossed
convincingly before any further upside takes place; We expect range-bound
trading in the 8430-8480 zone till our next Update; No bias is seen at present;
Meanwhile, see these if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 232 228 234 236 250
TATASTEEL 252.50 248 254 258 230

Also watch ASHOKLEY>98.70 and JKTYRE>122.50 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

19Aug(11:00) Mkt has +ve bias; DISHMAN gave small profit;
See DISHMAN>233.50 TATASTEEL>253 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ASHOKLEY Going down; Avoid, for now
DISHMAN In at 232, Out at 233.50
See Again After 233.50
Flat at 232 now; Can flare up anytime
JKTYRE Stuck at 121; Avoid, for now
JINDALSAW Choppy, but trending; Watch after 81
TATASTEEL Very Choppy; Avoid, for now
UNIONBANK Very Choppy; Avoid, for now

Small profits have come from DISHMAN, and only 2 of our Suggests look good for
some profits in LONG at this time; The Nifty has been doing a good job, but our
Suggests are not moving in tandem with the general market today; Hence, you
have to be extra careful about what you do; Keep constant vigil; If you get an
entry, be quick to take minimal profit and exit; Buy again, if the upside
continues; Do not take big risks that can take you to losses;
Stay Away, if you are not sure about what to do.

The Nifty has developed a distinct positive bias after our last Update that has
taken the index past the line into the green zone; At 8490 now, coming up from
8425, in position to cross the 8500-mark; We expect the strong Resistance at
8530 to be tested again today; Let's see what happens; 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

19Aug(12:30) Mkt in green; +ve bias; No Suggest gave profit;
Only DISHMAN>233 looks good for LONG at this time;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:45pm

Suggest Action - for LONG Comments
ASHOKLEY Going down; But will turn up later
DISHMAN See After 233 Going up; Watch this..
JKTYRE Took a fall; Avoid, for now
JINDALSAW Choppy & low volume; Avoid, for now
TATASTEEL Choppy & Uncertain; Avoid, for now
UNIONBANK Going down; Avoid, for now

Our Suggests are not moving with the general trend today; Some are moving in the
opposite direction; Only DISHMAN and ASHOKLEY are looking good for some profits in
LONG at this time; Needless to say, you have to be very careful with these now; Keep
constant vigil; Go profit-less today if you have to, but do not take unnecessary risks
that can take you to losses; Best to Stay Away if you are not sure about what to do.

The Nifty has again been stopped by the Resistance at 8530; The Index has hit a high
of 8520 after our last Update and has gone into range-bound trading in the narrow
band of 8490-8520; 8500-level is also not fully covered till now; We expect the Nifty
to test the strong Resistance at 8530 again before closing today; And we expect
a crossing as well; Let's see what happens; Consider all angles before you take
any decision now; Protect your profits, if any; Do not make any risky moves;
There should not be any losses today.

 


 

SMS-4

19Aug(2:30) Mkt in green; Flat & Quiet; No Suggest gave
profit; Only ASHOKLEY JINDALSAW look good for LONG
now if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Going flat; Might still turn up in last hour
DISHMAN Going down; Avoid
JKTYRE Going down; Avoid
JINDALSAW Choppy & low volume; But can still flare up
TATASTEEL Going down; Avoid
UNIONBANK Going down; Avoid

None of our Suggests have been able to produce any profits today since that initial
upsurge by DISHMAN; Although we have mentioned two names in this dispatch, we
are not very hopeful about them; Keep constant vigil; Go profit-less today if you have
to, but do not take unnecessary risks in this last hour that can take you to losses;
It will be better to play safe now; Best to Stay Away now.

Our expectation that the strong Resistance at 8530 will be crossed before closing
today may not come true now; Actually, that level has not even been tested properly
today; 8500-level is also not fully safe till now; The Nifty has remained in the 8480-
8510 range after our last Update; At 8490 now, in the green; World markets are
almost all in the red; The Rupee is weak at 65.2100; But we still feel that a small
upside can come to hold 8500 before closing today; Do not take any unnecessary
risks now; There should not be any losses; Today, we will close green.

 


 

Please also see our Today's Performance or Details page