IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 11-Sept-2015


 

SUGGESTS:

 

FORTIS

 

RCOM

 

TATAMOTORS

 

ALSO SEE:

ICICIBANK

POWERGRID

ZEEL

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, 11-Sept-2015

SMS Pre-Market

Suggests: FORTIS RCOM TATAMOTORS;
Also See: ICICIBANK POWERGRID ZEEL;
Valid for: 11-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7810, 7840, 7870, 7920, 7960;
NIFTY Support levels are: 7760, 7720, 7690, 7660, 7630;

 


 

SMS-1

11Sept(10:00) Gap-up openng; Going Flat;
See RCOM>66 ZEEL>399.50;
Watch FORTIS>169.50 ICICIBANK>269;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty today at around 7830; Earlier Resistance at
7770 and the psychologically important level of 7800 have all been covered by the
Nifty; But a slight negative bias may be developing now; Asian shares rose today
morning following gains on Wall Street, but gains were capped by uncertainty over
whether the US Federal Reserve will raise interest rates next week; In our market,
investors are likely to remain cautious ahead of the index of industrial production (IIP)
data for July due to be released later today; The Nifty is at 7840 now, in the green,
managing to hold the level of 7800; There is good Support at 7760 and 7720; On
the upside, getting past 7870 will be difficult; We expect quiet range-bound trading
for the most part today, which is, as said before, 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
RCOM 66 64.50 67 69 900
ZEEL 399.50 394 403 409 150

Also watch FORTIS>169.50 and ICICIBANK>269 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

11Sept(11:30) Mkt +ve & choppy; No Suggest gave profit;
See TATAMOTORS>352 POWERGRID>126 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:30am

Suggest Action - for LONG Comments
FORTIS Going down; Avoid, for now
RCOM Going down; Avoid, for now
TATAMOTORS See after 352 This can turn around; Watch carefully..
ICICIBANK Going down; Avoid, for now
POWERGRID See after 126 This is going up; Can give profits today
ZEEL Flat after a fall; Watch this..

At this time, the situation with our Suggests are exactly as it was yesterday
around now; Intraday trading in LONG on a day like this is risky and uncertain;
All our Suggests are vulnerable; False starts can come and easily lead you to losses;
The general market is flat & quiet; 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 has gone down slightly after opening today; At 7810 now, having touched
a low of 7800 a few minutes ago; There is a very slight negative bias in the market;
Asian markets are range bound and mixed; Europe is expected to open slightly green,
and the Rupee is improving and is at 66.3885 now; There are no domestic cues; We
expect the Nifty to carry on with range-bound trading and hold 7800 level for some
more time; Watch out for the slight negative bias seen; 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

11Sept(12:30) Mkt in green; Choppy; No Suggests gave profit;
See TATAMOTORS>352 ICICIBANK>267.50 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
FORTIS Scrappy & Low Volume; Avoid, for now
RCOM Going down; Avoid, for now
TATAMOTORS See after 352 We still expect this to turn around..
ICICIBANK See after 267.50 This can turn around now; Watch carefully..
POWERGRID Flat at 125.50; Scrappy; But keep watching..
ZEEL Going down; Avoid, for now

None of our Suggests have been able to do any good today, although 2 of them show
promise at this time; But we should not get desperate for profits and we should not
take any rash decision that can lead us into losses; Let us be prepared to go profit
less today; That is very much better than getting into a loss; The general market is
going nowhere; Things will change if the Nifty starts to move up; Be patient;
Stay Away, if you cannot decide what to do.

The Nifty has maintained 7800-level and is trading in a range just above 7800 since
our last Update; At 7800 now, trading in the 7800-7825 range; The slight negative
bias we spoke about in the previous Updates, cannot be seen anymore; 7800 is
acting as good Support and has stopped the Nifty from going down further three
times already; Asia is still range bound and Europe is now expected to open flat;
The Rupee is holding at 66.4279; There are no domestic cues; We expect the Nifty
to carry on with range-bound trading and hold 7800 level unless we get some trigger;
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

11Sept(2:30) Mkt choppy around line; No Suggest gave profit;
TATAMOTORS Marginal; No Entry for ICICIBANK;
ZEEL>394 good for LONG in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
FORTIS Scrappy & Low Volume; Avoid
RCOM There was a surge; But best to Avoid
TATAMOTORS Marginal at 352 Doesn't look good anymore; Avoid
ICICIBANK No Entry at 267.50 This can still give a chance; Watch carefully..
POWERGRID Took a fall; Avoid
ZEEL See above 394 Turning around; Watch carefully..

As was expected on a day like today, there were some false starts but no real
profits till now; We will have to go profit-less today, unless we see a late upsurge
in the Nifty like yesterday; Do not take any rash decision that can lead you into
losses; It is best to Stay Away, if you cannot decide what to do.

The Nifty has managed to maintain 7800-level even after suffering some losses;
In a steady downside since opening, the Nifty has fallen from around 7860 to below
7780 in a slight negative bias that we had identified very early today; The Nifty is at
7800 now, marginally in the green, trading quietly in the 7780-7810 band; Asia is
closing flat, but Europe has turned red; The Rupee is OK at 66.4754; And in the
domestic front, experts are saying that the market turnaround has already begun;
We expect the Nifty to carry on with range-bound trading in the last hour hold
7800 level at closing today, unless we get some trigger; And we definitely hope
another smart upside like yesterday comes in the last few minutes; Do not take
any unnecessary risks now; It is better to go profit-less, rather than get
into a loss; Today, we will close in the flat/green.

 


 

Please also see our Today's Performance or Details page