IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 04-Sept-2015


 

SUGGESTS:

 

CAIRN

 

NMDC

 

TATAGLOBAL

 

ALSO SEE:

AXISBANK

DABUR

DLF

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 Friday, 04-Sept-2015

SMS Pre-Market

Suggests: CAIRN NMDC TATAGLOBAL;
Also See: AXISBANK DABUR DLF;
Valid for date: 04-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7840, 7870, 7920, 7960, 8030;
NIFTY Support levels are: 7770, 7740, 7700, 7670, 7630;

 


 

SMS-1

04Sept(10:00) Flat openng; Going down fast;
See TATAGLOBAL>122 DABUR>287;
Watch CAIRN>148 DLF>117;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty around 7800 today amid weak Asian cues and a mixed
close on the US markets last night as investors are worried by fluctuations in oil
prices and the final jobs report before the US Fed's key Sept meeting on lending
rates; The Nifty is at 7665 now, in the red, coming down sharply from 7800-level;
It has slipped below its crucial psychological support level of 7700, and is now fast
approaching its next crucial level of 7650; There is Support in the 7650-7630 zone;
If this is breached, 7500-levels will be reached very fast; We believe that the Nifty
might bottom out at the Support at 7630 and bounce back from there; However,
the current market situation is very risky for intraday trading in LONG and we
strongly advice that you Stay Away till the market settles down and starts
to move up; See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAGLOBAL 122 117 123 125 490
DABUR 287 283 289 291 200

Also watch CAIRN>148 and DLF>117 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

04Sept(11:00) Mkt -ve & flat; No Suggest gave profit;
See TATAGLOBAL>121 DABUR>287 if mkt turns up;
Mkt still very risky for intraday in LONG; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CAIRN Flat after a fall; Might turn up..
Watch after 146 if upturn comes now
NMDC Avoid, for now; This can also turn up
if the Nifty starts to improve..
TATAGLOBAL See after 121 Flat after a fall; Watch this..
AXISBANK Going up slowly; Watch this after 471
DABUR See after 287 Flat & Choppy from the start today; Watch this..
DLF Can turn up now; Watch after 115

No matter what is written in the box above, fact remains that any kind of trading
in a market like today is very, very risky; However, the beauty of intraday trading
lies in the fact that things can change favourable for us at any point in time, if the
Nifty starts to move up; Small windows of opportunities will open; And also close
very fast; You should not get in unless you are very sure and an expert in timing
and execution of a trade; Be patient today; Your chances will come; Keep
constant watch; Do not take big risks that can take you to losses;
Stay Away, if you cannot decide what to do.

The Support at 7650-7640 has been able to stop the Nifty from falling further;
The index is fluctuating in the 7640-7680 region since our last Update; At 7650
now, trying to move towards the important level of 7700; We believe this will
be achieved by our next Update unless we get some more negative 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

04Sept(12:30) Mkt in red; Going Flat; No Suggest gave profit;
Many gave false starts; Only TATAGLOBAL>121 looks
good for LONG now; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Flat & Choppy; Avoid, for now
NMDC Very flat at 97; Avoid, for now
TATAGLOBAL See after 121 Be very careful if you want to enter;
Many have given false starts today..
AXISBANK Touched 471; Did not sustain; Avoid, for now
DABUR This has also touched 287 briefly and
did not sustain; Avoid, for now
DLF This had also touched 115 briefly
and did not carry on; Avoid, for now

Many of our Suggests have given false starts today that could have taken some of
our members into loss today; But we have repeatedly warned you to be careful today
and wait for sustained upside before taking position; The situation is the same even
now and we have withdrawn from all Suggests except for TATAGLOBAL; Here also,
be very careful and first convince yourself that there is sustained upside; You have
to be prepared to go profit-less today; Wait in the sidelines and keep watch;
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 7640-7680 region since our last Update; Support
at 7650-7640 is still holding; We are still holding our last stand that we will
hold this Support for some more time; Maybe 7700 will not be possible just now,
but 7640 may hold for now; If we go below that, we will quickly go down to 7500
level; 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.

 


 

Please also see our Today's Performance or Details page