IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 01-Sept-2015


 

SUGGESTS:

 

DISHMAN

 

IDBI

 

RCOM

 

ALSO SEE:

CAIRN

NMDC

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, 01-Sept-2015

SMS Pre-Market

Suggests: DISHMAN IDBI RCOM;
Also See: CAIRN NMDC RECLTD;
Valid for date: 01-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8010, 8040, 8090, 8120, 8160;
NIFTY Support levels are: 7940, 7880, 7830, 7800, 7770;

 


 

SMS-1

01Sept(10:00) Gap-down openng; Going Flat;
See DISHMAN>236 RECLTD>255.50;
Watch CAIRN>152.50 NMDC>101;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another big gap-down opening for the Nifty around 7900 today; Our markets
have commenced lower tracking weak trend in the global peers over persistent
China woes as their PMI stood at 3-year low, and prospects of a rate hike by the
US Fed; There was some domestic bad news also yesterday after market hours as
our economy has grown +7% during the first quarter of the current financial year,
slower than +7.5% in the previous quarter but faster than +6.7% in the same
quarter one year ago; However, there has been an increase in delivery based
trading in both our exchanges indicating that market health is OK; We now need
foreign investors to turn positive to restart the uptrend; The Nifty is at 7920 now,
in the red, trying to recover; There can be Resistance at 7930 and 7970; Support
is at 7880; Some recovery by the Nifty is expected today; Meanwhile, you could
have have already made some profits in LONG from DISHMAN and RECLTD
following pricePoints; DISHMAN should have been in at 229 and out at 235;
RECLTD should have been in at 252 and out at 255.50; If you have missed
these, no issues; See these if market upsurge comes now
with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DISHMAN 236 232 238 240 250
RECLTD 255.50 250 257 260 230

Also watch CAIRN>152.50 and NMDC>101 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

01Sept(11:00) Mkt -ve & flat; No Suggest gave profit;
CAIRN Marginal at 152.50; See RCOM>60.50
RECLTD>255.50 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DISHMAN Flat at 230; Avoid, for now;
Might flare up suddenly if market improves
IDBI Choppy & Uncertain; Avoid, for now
RCOM See after 60.50 This is choppy, but keep watching..
CAIRN In at 152.50
Marginal till now
Stuck at 152; Exit from here if no
upside comes in the next half hour
NMDC Choppy & Uncertain; Avoid, for now
RECLTD See after 255.50 This is showing positive tendencies..

Our Suggests have not started to perform as yet today; The possible profits that
could have come before our first Update at 10am will not be reported; In our daily
update we will give only those profits and losses that will come from our daily
Updates; At this time, 3 of our Suggests are in position, but CAIRN seems to
have given a false start; Get out Marginal with this; Re-enter if the expected
price rise comes later; Keep constant watch, do not get in unless you are
very sure; Do not take big risks that can take you to losses;
Stay Away, if you cannot decide what to do.

The Nifty is going flat and choppy in the 7880-7920 range since the last Update;
There is no bias seen and there is no sign of any recovery from the 70-point gap
down opening today; All Asian markets, except Malaysia, are in red with Japan over
-3% down; Europe futures point to a weak opening; The Rupee is down at 66.2650;
And there are no domestic cues; We expect the Nifty to carry on with range bound
trading for now; Some down side can come later if we do not get a positive trigger;
Do not take any undue risks; Remember, any wrong move on your part can
take you to losses; Stay Away, if in doubt.

 


 

SMS-3

01Sept(12:30) Mkt in red; Going down; No Suggest gave profit;
CAIRN Marginal; No Suggest looks good for LONG at this time;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHMAN Still flat at 230; Can flare up..
IDBI Going down; Avoid, for now
RCOM This is choppy, but keep watching..
CAIRN Marginal at 152.50 There is still chance this will turn up
NMDC Choppy & Uncertain; Avoid, for now
RECLTD Took a fall; Might turn up now..

No profits have come from our Suggests till now today; The Nifty position has
fallen further after our last Update; But things can turn around now and give
some chance to our Suggests; Keep constant vigil; Get in and out quickly if
you get a good opportunity; Do not take big risks that can take you to losses;
Remember, it is better to stay profit-less rather than get into losses;
Stay Away, if you cannot decide what to do.

The Nifty has gone down from the 7880-7920 range to touch a low of 7850 after
our last Update; Support at 7880-7850 is being severely tested; The Nifty is
now at 7870, again trying to recover from the present lows; Asian markets are
still very down, but there can be a turn around in Europe; For our market, we
do not expect anything much to happen now unless we get some trigger, good
or bad; There can be more downside if no trigger comes; Be careful about what
you do now; Consider all angles before you take any decision; Do not take
any big risks; There should not be any losses today.

 


 

SMS-4

01Sept(2:30) Mkt in red; Going down; No Suggest gave
profit; None look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DISHMAN Going down sharply now; But all can
turn up and give profits in last hour
if the Nifty starts to go up
IDBI
RCOM
CAIRN
NMDC
RECLTD

No profits have come from our Suggests till now, and we should be prepared to go
profit-less today; The Nifty continues to go down; There is every chance that our
Suggests will turn around and give some profits in the last hour if the Nifty turns
up and starts to recover; But remember, do not take big risks that can take you
to losses; It is better to stay profit-less rather than get into losses;
Stay Away, if you cannot decide what to do.

The Nifty has continued to go down after our last Update; At 7750 now, down from
7870 at our last Update, and down from the day's high of 7930; This means a drop of
almost 200-points already; And there is more downside to come; Europe is over -1.5%
down and the Rupee is still weak at 66.3850; For our market, we do not expect any
upside now unless we get some trigger; Do not take any unnecessary risks now;
Better to go profit-less rather than get into losses; Today, we will close red.

 


 

Please also see our Today's Performance or Details page