IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 31-Aug-2015


 

SUGGESTS:

 

BHARTIARTL

 

NMDC

 

WIPRO

 

ALSO SEE:

ADANIPORTS

IRB

TATAMOTORS

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, 31-Aug-2015

SMS Pre-Market

Suggests: BHARTIARTL NMDC WIPRO;
Also See: ADANIPORTS IRB TATAMOTORS;
Valid for date: 31-Aug-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8030, 8060, 8100, 8160, 8190;
NIFTY Support levels are: 7970, 7920, 7880, 7830, 7800;

 


 

SMS-1

31Aug(10:00) Flat openng; Going Flat;
See NMDC>99.50 WIPRO>572;
Watch IRB>241 TATAMOTORS>339;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty around the 8000-mark was seen today, but this level
was immediately breached and the index had gone down to touch 7960 right at
the opening bell; Has been fluctuating in the 7960-7980 range since then; Asian
markets have fallen today morning after the US Fed has suggested that rate hike
is possible in Sept; At home, the government will release gross domestic product
(GDP) data for Q1 June 2015 today; The Nifty is at 7970 now, in the red; This is a
Support that has held since opening today; Next good Support is at 7940-7920;
First Resistance is at 8010-8030; We are expecting a relief rally from the Nifty,
till the 200EMA at 8275 at least, once this correction phase is over; But for
that to start, we require a good trigger; Meanwhile, see these if market
upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
NMDC 99.50 97.50 101 103 600
WIPRO 572 564 575 580 100

Also watch IRB>241 and TATAMOTORS>339 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

31Aug(11:00) Nifty on the line; NMDC gave profit;
Hold NMDC>100.50 if in; See BHARTIARTL>358
WIPRO>570 now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHARTIARTL See after 358 This is turning around after a fall
NMDC In at 99.50, Out at 100.50
Hold>100.50, SL-98
There can be more in this today
WIPRO See after 570 This is also turning up after a fall
ADANIPORTS Going down; Avoid, for now
IRB Choppy; Going down; Avoid, for now
TATAMOTORS Choppy; But can give chances after 339

Our Suggests are evenly balanced today; One profit has come and three others have
good potential, provided the upsurge in the Nifty carries on for some time; In case
the general market stagnates, you have to be very careful of sudden steep down
sides, specially if you are holding; Keep constant watch, do not get in unless you
are more than sure; Exit at the slightest hints of a fall with minimum profits; Even
go Marginal, if you have to; Buy again, if the upside returns; 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 done very well to recapture 8000-level; At 8010 now, in the green,
coming up from 7970 where it was at our last Update; There is Resistance at 8030
where the Nifty might take a pause, but we feel the index is in line for 8050 now;
Asian markets are still mixed, but China and Japan are almost -2% down again;
The Rupee is still weak at 66.3150; Europe opening is uncertain; There can be
some consolidation in the Nifty between 8030-8050; 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

31Aug(12:30) Nifty on the line; Going Flat; NMDC added profit;
Hold NMDC>102.50; TATAMOTORS Marginal;
No other looks good; Await Europe; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Going down; Avoid, for now
NMDC Out at 102.50
Hold>102.50, SL-101
There can be more in this today
WIPRO Choppy & Uncertain; Avoid, for now
ADANIPORTS Flattened after a fall; Watch this now..
IRB Choppy & Uncertain; Avoid, for now
TATAMOTORS In at 339
Marginal till now
If in, exit if there is no upside
movement here in the next half hour

NMDC has given good profits till now, and more is expected from it today; There
are 2 others that look poised for some returns today; But the general market has
flattened out, as we had feared; So, be very careful, specially if you are holding;
Do not take big risks that can take you to losses; Stay Away, if you are not
sure about what to do.

The Nifty had got stopped by the Resistance at 8030-8050, exactly as we had
predicted in our last Update; But the good thing is, it has been able to hold the
level of 8000 successfully; Nifty is at 8010 now, trading quietly in the 8000-8040
range; World cues are not encouraging as Asia is still mostly red and Europe is
expected to open mostly in red; The Rupee is holding at 66.2850; We expect the
Nifty to remain range-bound, and consolidate some more unless any negative cue
comes; Be careful about what you do now; Consider all angles before you take
any decision; Do not take big risks; There should not be any losses today.

 


 

SMS-4

31Aug(2:30) Mkt in red; Choppy & Uncertain;
NMDC TATAMOTORS gave profit; No Suggest looks good
for LONG in last hour; Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Going very flat at 353;
Can still flare up in the last hour
NMDC Out at 104.50 No point holding any longer today
WIPRO Choppy & Uncertain; Avoid
ADANIPORTS Took another fall; Avoid
IRB Choppy & Uncertain; Avoid
TATAMOTORS In at 339, Out at 348.50
Marginal till now
No point holding any longer today

NMDC has added to its good profits and TATAMOTORS has joined the party; Although
we have mentioned BHARTIARTL in the box above, it is pointless to stay in this market
anymore if you have made good profits already; Best to Stay Away now, and protect
your profits; Do not take any further chances; Do not take unnecessary risks that
can take away your profits and push you to losses in the last hour.

The Nifty has turned very choppy after our last Update; From a high of about 8030 it
took a fall to touch 7950 sometime ago; It is now back up again to about 7970, in the
red; Trying to recover; World markets are mostly in the red right now; The Rupee has
weakened some more and is at 66.4050 now; We still expect the Nifty to climb some
more and get back to 8000-level before closing today; Support at 7970 should hold
till closing today; Do not take any unnecessary risks now; Protect your profits;
There should not be any losses today; Today, we will close flat.

 


 

Please also see our Today's Performance or Details page