IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 08-Sept-2015


 

SUGGESTS:

 

IRB

 

PFC

 

RELCAPITAL

 

ALSO SEE:

CENTURYPLY

ONGC

WIPRO

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, 08-Sept-2015

SMS Pre-Market

Suggests: IRB PFC RELCAPITAL;
Also See: CENTURYPLY ONGC WIPRO;
Valid for date: 08-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7590, 7640, 7670, 7700, 7730;
NIFTY Support levels are: 7530, 7500, 7480, 7450, 7420;

 


 

SMS-1

08Sept(10:00) Flat openng; Choppy;
See PFC>211.50 WIPRO>555;
Watch IRB>215 CENTURYPLY>145;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A slight positive opening for the Nifty around 7600 today but the index has become
choppy in the 7540-7600 range immediately after opening today; Asian markets are
down today morning on weak Japan and China data; Yesterday night the Dow had
closed 272 points down; The Rupee is fast approaching 67-level; Our markets had
also created a fresh 52-week low yesterday in trade; But experts are saying that
the market is oversold and there are Supports nearby; 7540 is an important level
to watch and might prove to be a turning point; In domestic news, PM Narendra
Modi will meet with industrialists in order to discuss the global crisis, and IIP data
is to be released later in the week; All our previous expected bottoms at 7630,
7600 have been breached; Let's see what happens with 7540; Whatever it is,
the current market situation remains very risky for intraday trading in LONG and
we strongly advice that you watch every step that you take; Do not take any
unnecessary risks; Remember, it is better to go profit-less, rather than get
into a loss; See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PFC 211.50 206 213 216 280
WIPRO 555 550 559 562 100

Also watch IRB>215 and CENTURYPLY>145 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

08Sept(11:00) Mkt choppy & flat; WIPRO gave profit;
See PFC>211.50 WIPRO>561 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IRB Going down choppily; Avoid, for now
PFC See after 211.50 Going up, but be careful..
RELCAPITAL Going down sharply; Avoid, for now
CENTURYPLY Very flat 143; Watch this..
ONGC This is also flat; Avoid, for now
WIPRO In at 555, Out at 561
See again after 561
There can be more in this today

WIPRO has already given some profits and looks good for some more; PFC is also
well placed; But the going is very tough in today's market as the Nifty is totally undecided; As always, be careful in LONG; Be quick to enter and exit when you
get an opportunity; 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 7540 is still holding; It has prevented the Nifty from falling
further three times already today; How long more it will be able to hold, is
the question now; And there is no sign of the market bouncing back from there;
We need a good positive trigger for that to happen; The Nifty is at 7565, marginally
in the green, fluctuating in the 7560-7600 range since opening today; Holding on
to this range is the primary task for the Nifty now; 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

08Sept(12:30) Mkt in green; +ve bias; 3 Suggests gave profit;
Hold PFC>214 WIPRO>564; No other looks good for
LONG now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IRB In at 212, Out at 215.50 Entry came following PricePoints;
There can be another chance here after 216
PFC In at 211.50, Out at 214
Hold>214, SL-210
This can give more today
RELCAPITAL Flat now; Watch after 322
CENTURYPLY Sketchy and low volume; But watch after 145
ONGC Choppy & Uncertain; Avoid, for now
WIPRO Out at 564
Hold>564, SL-560
There can be more in this today

The upward swing in the Nifty gave good opportunity to our Suggests, and some
profits have come our way; At this time, all our Suggests are poised for more profits in
LONG, but the Nifty seems to have levelled out; Be very careful now and protect your
profits; Stay Away if you smell trouble; Do not take big risks that can take you to
losses; Wait, and see what happens, before you venture forward from here.

The experts have been proved right once again; The Support at 7540 is still
holding and the Nifty has bounced back from there; At 7630 now, in the green;
Almost 100-points up already; And there can be more upside now till 7670 at least
if we do not get any negative trigger; Asia is closing mixed but Europe has opened
in the green; The Rupee is holding at 66.5499; Be careful about what you do now;
Consider all angles before you take any decision; Do not take any big risks;
Protect your profits; There should not be any losses today.

 


 

SMS-4

08Sept(2:30) Mkt has +ve bias; ALL Suggest gave profit;
Hold IRB>217 PFC>216 CENTURYPLY>150.50;
Others also good if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IRB Out at 217
Hold>217, SL-212
Be careful now, as this may have peaked
PFC Out at 216
Hold>216, SL-212
Same here - maybe the highest of the day has
already been reached; Be very careful if holding
RELCAPITAL In at 322, Out at 331.50 Has started to fall now; Avoid
CENTURYPLY In at 145, Out at 150.50
Hold>150.50, SL-146
There can be more here in last hour
ONGC In at 228, Out at 230 Entry came using PricePoints;
This can give more after 230
WIPRO Out at 565 This seems to have peaked out..

All our Suggests have given great returns as the Nifty has progressed; Some of them
seems to have peaked out, but some Suggests can give more profits in the last hour
if the Nifty keeps going at this pace; But be ready for sudden downsides; Protect
your profits; Do not take big risks that can take you to losses in the last hour;
Stay Away, if you cannot decide what to do.

The experts have been proved right over and over again; The Support at 7540
has acted as a base and the Nifty has bounced back from there to cross the
psychologically important level of 7700; Nifty is at 7720 now, in the green, going
towards the next Resistance at 7730; Asia is closing mostly green, but Europe
is about +1.5% in the green at this time; The Rupee is also holding at 66.6205;
We expect the Nifty to hold 7700-level now and give a closing around this
area today; Do not take any unnecessary risks now; Protect your profits;
Today, we will close green.

 


 

Please also see our Today's Performance or Details page