IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 24-Aug-2015


 

SUGGESTS:

 

HINDALCO

 

ITC

 

SYNDIBANK

 

ALSO SEE:

ARVIND

DISHMAN

JKTYRE

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 Monday, 24-Aug-2015

SMS Pre-Market

Suggests: HINDALCO ITC SYNDIBANK;
Also See: ARVIND DISHMAN JKTYRE;
Valid for date: 24-Aug-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8320, 8350, 8380, 8430, 8470;
NIFTY Support levels are: 8270, 8230, 8200, 8160, 8130;

 


 

SMS-1

24Aug(10:00) Big Gap-down openng; Going Flat;
See ARVIND>271 JKTYRE>113.50;
Watch ITC>328 DISHMAN>216;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Huge big gap-down opening for the Nifty today around the 8000-mark after
US markets crashed on the Friday owing to concerns over economic slowdown;
The Dow had its worst day since 2011, closing 531 points or -3.12% down;
Today morning, 300-points have been wiped out from the Nifty in a single stroke;
The Rupee has depreciated sharply, trading at 66.48 against dollar, its lowest since
Sept 2013; China is down over -8.5%, has erased all 2015 gains; Nikkei is down over
600 points, Hang Seng plummets over 1000 points; For the Nifty today, the levels to
watch would be 7940 on the downside, as anything below that is not predictable;
On the upside, 8060-8080 is a Resistance zone; The Nifty is at 8050 now, deep
in the red; We expect some recovery to take place in today's trade; Meanwhile,
see these if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 271 264 273 276 220
JKTYRE 113.50 110 115 118 520

Also watch ITC>328 and DISHMAN>216 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

24Aug(11:00) Mkt -ve & choppy; No Suggest gave profit;
None look good for LONG now; All can profit from
present lows if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
HINDALCO Turning around; Watch after 82.50
ITC This might turn around; Avoid, for now
SYNDIBANK Recovering; Avoid, for now
ARVIND Turning around; Watch after 268
DISHMAN Choppy & Uncertain; Avoid, for now
JKTYRE Turning around; Watch after 112

Although we have given figures to watch after against 3 names in the box above,
we are hopeful that all 6 of our Suggests will do good if the Nifty starts to recover;
Follow PricePoints for the other 3; However, the overall market situation is very very
gloomy as of now as the Nifty is continuing on the way down; Be extremely cautious
today; Look at all angles critically before you take any decision; No matter how
attractive the opportunity might look; As we said before, small upsides might come
and you may think this will strengthen and go for it, only to see the prices fall back
again; Don't get fooled and dragged in by such moves today; Be careful with what
you do; But if you do take 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; It is far better to go profit-less rather than get into a loss;
Stay Away, if you are not sure about what to do.

The downward slide for the Nifty has been stopped at 7940 for now, and the index
is trying to recover; At 7980, deep in the red; There will be an attempt at recovery
and consolidation around 8000-mark is what we expect at this time; Some more
upside should come later; Meanwhile, the global blood-bath continues as China is
about -9% down and Crude Oil has slipped below $45, which is a new 6-1/2-year
low; 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

24Aug(12:30) Nifty below 8000; Choppy; HINDALCO gave
profit; See HINDALCO>83.50 again if mkt goes up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HINDALCO In at 82.50, Out at 83
See again after 83.50
This can give more profits today
ITC Went down further; Might turn up now
SYNDIBANK Choppy & Uncertain; Avoid, for now
ARVIND Choppy; Watch after 266 now
DISHMAN Choppy & Uncertain; Avoid, for now
JKTYRE Flat now; Watch after 112

Some profits have come on a very difficult day; This is indeed good going on our part;
As things stand now, some more profits might also come, if the Nifty starts to go up;
Do not lower your guard; Wait on the sidelines and keep constant vigil; Best to avoid
this market, unless you get a very good chance; Do not take big risks that can
take you to losses; It is far better to go profit-less rather than get into a loss;
Stay Away, if you are not sure about what to do.

The Nifty has remained choppy in the 7950-8010 range after our last Update; Strong
Support at 7940 has held, so far; The Nifty is at 7980 now, deep in the red; There
can be some more downside, but it will not be a free-fall as some experts have been
saying; And we still feel there will be an attempt at recovery towards the end of the
day; Meanwhile, bad times continue around the world as ALL markets are average
-3% down, including Europe, which is just opening; Our market is in the biggest fall
in 9-years; Sensex recorded its biggest intraday fall since October 24, 2008 today;
The Rupee is at 66.6650; Be very careful about what you do now; Consider all
angles before you take any decision; Do not make any risky moves;
There should not be any losses today.

 


 

SMS-4

24Aug(2:30) Mkt in red; Falling sharply; HINDALCO
added slight profit; No Suggest looks good for LONG;
Best to Stay Away now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HINDALCO Out at 83.30 Falling rapidly; Avoid
ITC This might still turn up; Watch after 324
SYNDIBANK Falling down; Avoid
ARVIND Choppy now after a fall; Avoid
DISHMAN Very badly down; Avoid
JKTYRE Trying to recover after heavy fall; Avoid

Stock markets all over the world are in very bad shape; People have lost a lot of
money today in every kind of trading; In this context, if you have been able to stay
loss-less today, you would have done a great job; And if you are in profit, there
should be song and dance! But don't stay in this mess anymore; Not even with ITC;
It is best to avoid this market, even if you get a very good chance;
Do not take any risks now in last hour; Stay Away now.

Experts have been proved right, after all; There has been a free-fall for the Nifty
once 7940 was breached; The Nifty fell to about 7820; This means, the Nifty has fallen
more than 480-point today; That is huge; All kinds of records have been broken in the
wrong direction; At 7850 now, fluctuating around this level now; This market is
dangerous and should be avoided now; Do not take any unnecessary risks now;
There should not be any losses today; Today, we will close red.

 


 

Please also see our Today's Performance or Details page