IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 10-Sept-2015


 

SUGGESTS:

 

PFC

 

UNIONBANK

 

ZEEL

 

ALSO SEE:

ASHOKLEY

HINDALCO

NMDC

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 Thursday, 10-Sept-2015

SMS Pre-Market

Suggests: PFC UNIONBANK ZEEL;
Also See: ASHOKLEY HINDALCO NMDC;
Valid for date: 10-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7840, 7870, 7920, 7960, 8040;
NIFTY Support levels are: 7780, 7740, 7700, 7670, 7630;

 


 

SMS-1

10Sept(10:00) Gap-down openng; Going Flat;
See ASHOKLEY>86 HINDALCO>76.50;
Watch PFC>218 UNIONBANK>166;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Today we got a 100-point gap-DOWN opening for the Nifty at around 7720
following weak global cues, while yesterday it was a 100-point gap-UP opening
because of strong global cues; Yesterday Japan stocks had posted its biggest
1-day gain since 2008, and today dismal data from Japan and China have added
to growth fears and pulled down the whole of Asia; Last night, US stocks had
retreated as global rally has started to fade away; Fall in Asia is also on US
Fed rate hike expectations; At home, after two days of strong upside, we
are back to 7700 level; Nifty is at 7700 now, deep in the red, struggling to
hold this level; There is good Support at 7670 and 7630; On the upside,
a trigger is required to cross 7770; We expect quiet range-bound trading
for the most part today, something that is very risky for intraday trading
in LONG; Watch every step; Do not take any undue risks; Remember,
it is better to go profit-less, rather than go into a loss; See these
if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ASHOKLEY 86 84 87 88 690
HINDALCO 76.50 74.50 77.50 79 780

Also watch PFC>218 and UNIONBANK>166 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

10Sept(11:00) Mkt -ve & choppy; ZEEL gave profit;
Hold ZEEL>384 if in; See UNIONBANK>166 NMDC>102
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
PFC Choppy, but going up; Watch after 217
UNIONBANK See above 166 This is also going up; Watch this..
ZEEL In at 381, Out at 384
Hold>384, SL-377
Entry came via PricePoints;
There can be more in this today
ASHOKLEY Choppy & Uncertain; Avoid, for now
HINDALCO Going down; Avoid, for now
NMDC See after 102 Improving slowly; Watch this..

As was expected early today, intraday trading in LONG on a day like this is risky
and uncertain; At this stage, all our Suggests are vulnerable; False starts can
come and easily lead you to losses; Be very careful; Things will change if the
Nifty starts to move up; Be quick to enter and exit when you get an
opportunity; Do not take big risks that can take you to losses;
Stay Away, if you cannot decide what to do.

The Nifty is holding 7700-level; At 7715 now, in the red, coming up from
the low of 7690; A slight positive bias seems to be developing now; Asia is
still badly down; The Rupee is down at 66.6350; S&P has downgraded Brazil
to 'Junk' status; And there are no domestic cues; Even after all this, if the
Nifty can get up and cross the Resistance at 7730, it will be good for our
Suggests; But 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

10Sept(12:30) Mkt in red; Slight +ve bias; UNIONBANK ZEEL
gave profit; Hold ZEEL>394 if in; See UNIONBANK>167
again; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
PFC Choppy & Low Volume; Avoid, for now
UNIONBANK In at 166, Out at 167
See again after 167
This might give you a second chance
ZEEL Out at 394
Hold>394, SL-386
There can be more in this today
ASHOKLEY Entry was possible at 86; Watch after 86.25
HINDALCO Here also, entry was there at 76;
If not in, Watch after 76.25
NMDC Choppy & Uncertain; Avoid, for now

Good profits have come from ZEEL even if you have got started midway after our
11am Update; There is scope for more from ZEEL, but UNIONBANK seems to have
given over; 2 other Suggests are also showing promise, but be very careful; In fact,
we will advice you not to take any further risks today, not even with ZEEL, if you
have already made some profits; Stay Away now, and protect your profits;
The general market has also become flat; It is best to Stay Away now.

The slight positive bias that we spoke about in our last update, has taken the Nifty
from 7700-level to touch a high of 7755; The upward momentum was lost at this
point and the Nifty has become flat and choppy since then; This area between 7730
and 7770 is good Resistance and would require some external push to cross over;
World markets are still down with Europe opening all in the red; The Rupee is holding
at 66.5350; There are no domestic cues; We expect the Nifty to hold position above
7730 and cross the Resistance at 7770 in due course; 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

10Sept(2:30) Mkt in red; Choppy; UNIONBANK added profit;
No Suggest looks good for LONG at this time; Best to
Stay Away now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
PFC There was entry possible here; In at 217 and
out at 219.50; But we said, "Avoid, for now"
UNIONBANK Out at 169 A second chance has come; No further
prospects seen here in last hour; Avoid
ZEEL No further prospects here also; Avoid
ASHOKLEY In at 86.25, Out at 87.20
See again after 87
There can be some more profits here
HINDALCO Some movement was seen here,
but we will not report this
NMDC Choppy & Uncertain; Avoid

We are reporting some profits in the box above, in spite of asking our members
to avoid all trading in our last Update, mainly because these profits were rather
easy and gettable; PFC and HINDALCO are not being reported today; At this time,
we have kept our doors open only for ASHOKLEY, but nothing much seems to be
happening here; We strongly advice our members to Stay Away now and protect
your profits; The general market is flat; It is best to Stay Away now in the last hour.

The positive bias we saw in our last update, is still present and has taken the Nifty
up to the Resistance 7770; Again this Resistance has been able to stop the upward
progress of the Nifty; At 7740 now, in the red, fluctuating in the 7720-7770 range;
World markets are still down with Europe in the red; The Rupee is holding 66.4825;
There are no domestic cues; We still expect the Nifty to hold position above 7730
and give a closing around that level today; 7770 will not be possible without any
external inputs; Do not take any unnecessary risks now; Protect your profits;
Today, we will close in the red.

 


 

Please also see our Today's Performance or Details page