IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 02-Sept-2015


 

SUGGESTS:

 

AMBUJACEM

 

DISHMAN

 

UPL

 

ALSO SEE:

ASHOKLEY

ROLTA

YESBANK

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, 02-Sept-2015

SMS Pre-Market

Suggests: AMBUJACEM DISHMAN UPL;
Also See: ASHOKLEY ROLTA YESBANK;
Valid for date: 02-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7830, 7870, 7930, 7960, 8030;
NIFTY Support levels are: 7750, 7720, 7670, 7630, 7600;

 


 

SMS-1

02Sept(10:00) Gap-up openng; Choppy;
See AMBUJACEM>213.50 DISHMAN>239;
Watch ASHOKLEY>89.30 ROLTA>106;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty around 7860 today; But the index fell below
7800 just after opening to touch a low of 7780; A recovery was expected from
our markets today after Finance Minister Arun Jaitley's press statement yesterday
said the govt has accepted a recommendation that MAT should not be levied on
overseas investors prior to April 2015, a widely anticipated move; But that news
broke well after the markets had closed, and by then, stocks have fallen to a level
not seen since Sept 2014 as Chinese PMI contracted and European markets sank
more than -2%; After that, the DOW took a beating and closed -469.68 points,
or -2.84% down; But today morning, China and Japan have bounced back, and
with domestic good news, our markets can regain some of the losses made in
the last 2 days; The Nifty is at 7820 now, in the green, recovering from the
early fall; First Support is at 7780-7750; First Resistance is at 7850-7870;
We expect the Nifty to proceed towards 7870 by our next update; Meanwhile,
you could have have already made some profits in LONG from AMBUJACEM and
DISHMAN following pricePoints; AMBUJACEM should have been in at 211 and
out at 212.50; DISHMAN should have been in at 236 and out at 238; 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
AMBUJACEM 213.50 210 215 218 280
DISHMAN 239 235 242 247 250

Also watch ASHOKLEY>89.30 and ROLTA>106 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

02Sept(11:00) Mkt +ve; Range-bound; 3 Suggests gave profit;
See AMBUJACEM>214.50 DISHMAN>245 UPL>538
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
AMBUJACEM In at 213.50, Out at 214.50
See again after 214.50
This has started to fall; Might turn up again
DISHMAN In at 239, Out at 244.70
See again after 245
This has also started to fall; But keep watching..
UPL In at 534, Out at 538
See again after 538
Entry has come via PricePoints;
Same here; Falling now, but keep watching..
ASHOKLEY Going down; Avoid, for now
ROLTA Flat & Uncertain; Avoid, for now
YESBANK Falling sharply; Avoid, for now

3 of our Suggests have given some profits by now, but there is little chance of any
addition to these profits at this time; As per policy, we will not show the profits
before our 10am Update in our results today; But still, you should have been able to
get something small; The general market is choppy and uncertain; Be very careful
about what you do now; 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 has remained in the 7780-7840 range since the last Update; The upward
surge towards 7870 had got stopped at 7840, and has not resumed; The Nifty is at
exact 7800 now, on the way down from 7840; There is Support at the 7780-7750
zone, that should hold; Asian markets have now started to decline with both China
and Japan back in the red; But the Rupee is holding at 66.2750; On the domestic
front there is news that petrol and diesel prices are set to rise sharply in the next 2
weeks; Overall outlook is grim for the Nifty at this time; Some down side can come
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

02Sept(12:30) Nifty Flat around line; DISHMAN added profit;
Hold DISHMAN>255 if in; See UPL>538 YESBANK>668
if mkt turns up; See Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AMBUJACEM No further movement after last Update;
Avoid this, for now
DISHMAN Out at 255
Hold>255, SL-250
This can give more profits, but be careful..
UPL See after 538 This is fluctuating around 538 for some
time; But there is still chance here..
ASHOKLEY Has flattened out now; Might turn up..
ROLTA This is also flat now after a fall; Can turn up..
YESBANK See after 668 This has started to go up; But be careful..

As can be seen from the box above, almost all our Suggests are in position now to
give profits in LONG as the fall for the Nifty has been arrested; But good profits cannot
come unless the market starts to go up on the recovery path; That is why we tell you to
be very careful at this point; Do not be taken wrong by false starts; If you feel an upside
is coming, wait some more to confirm the trend; Then be quick to get in and get out
with minimum profit; Repeat this cycle, if the upside continues; Do not take big risks
that can take you to losses; Stay Away, if you cannot decide what to do.

The Nifty has been in the 7760-7810 range since the last Update; Quiet, range-
bound trading is what we see; Support at 7780-7750 zone has held strong today;
But there has been no real recovery by the Nifty to regain the 7840-level today; We
still expect that to happen; Asian markets are still down, but Europe is expected to
open in the green; The Rupee is also recovering, at 66.1949 now; There are no fresh
domestic cues; 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

02Sept(2:30) Mkt in red; Choppy; DISHMAN added profit;
UPL Marginal; Hold DISHMAN>261 if in; No other
looks good for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMBUJACEM Going down; Avoid
DISHMAN Out at 261
Hold>261, SL-255
This can give more profits in the last hour
UPL Marginal at 538
in the second round
Going down now; Avoid
ASHOKLEY Flat & Uncertain; Avoid
ROLTA This is also Uncertain; Avoid
YESBANK No upward movement; Avoid

DISHMAN has given good profits today, in spite of not taking into account the
figures before the 10am Update; This is the only one looking good for more profits
now in the last hour; But even with this you need to be very careful as the Nifty is
falling steadily; It will be best to exit DISHMAN as it is not being able to go over 260;
Take your profits home; Do not take any chances now; Best to Stay Away.

The Nifty has taken a fall till 7740 after our last Update; Technically, the Support
at 7750 is still holding; But we are not sure how long this will hold now; Europe has
become red now; The Rupee is around 66.20; And there are no domestic good news;
The Nifty is at 7740 now, in the red; We expect some more downside to come for the
Nifty before closing today; Should not be anything drastic; In any case, we are
already about 120-points down in intraday today; Do not take any unnecessary
risks now; Protect your profits; Today, we will close red.

 


 

Please also see our Today's Performance or Details page