IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 18-Sept-2015


 

SUGGESTS:

 

CROMPGREAV

 

ITC

 

PFC

 

ALSO SEE:

AMBUJACEM

BHARTIARTL

LICHSGFIN

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, 18-Sept-2015

SMS Pre-Market

Suggests: CROMPGREAV ITC PFC;
Also See: AMBUJACEM BHARTIARTL LICHSGFIN;
Valid for: 18-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7930, 7960, 8040, 8090, 8120;
NIFTY Support levels are: 7880, 7830, 7800, 7760, 7720;

 


 

18Sept(10:00) Gap-up openng; Going up;
See CROMPGREAV>181.50 PFC>231;
Watch BHARTIARTL>362 LICHSGFIN>456;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 60-point gap-up opening by the Nifty today at around 7960 tracking positive
cues from all over the world as the US Federal Reserve on Thursday kept interest
rates unchanged at zero, in a nod to concerns over a weak world economy; The
indian market has cheered this event and opened higher today; But the upside
could be capped as this status quo has largely been factored in by our market;
Asian markets have already become mixed after a positive start; At home, the
calls for a rate-cut by the RBI grows louder on the back of favourable macro-
economic data, and now that the US has maintained zero rate; The Nifty is at
8005 now, in the green, having reclaimed its crucial psychological levels of 7950
and 8000; There is Resistance now at 8040 and Support should be found at
7960-7940; We expect the Nifty to be positive today and proceed towards
8040 by the time of our next Update; Some consolidation might happen after
that; Do not take any hasty decisions; Any wrong move can take you to losses;
Do not take undue risks; Remember, it is better to go profit-less, rather than
go into a loss; See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CROMPGREAV 181.50 178 183 186 330
PFC 231 228 233 235 250

Also watch BHARTIARTL>362 and LICHSGFIN>456 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

18Sept(11:00) Mkt +ve & flat; 2 Suggests gave profit;
Hold PFC>234 if in; See CROMPGREAV>182.50
LICHSGFIN>456 now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CROMPGREAV In at 181.50, Out at 182.50
See again after 182.50
There can be another chance here
ITC Choppy, but steady; Watch this..
PFC In at 231, Out at 234
Hold>234, SL-230
This can give more profits today
AMBUJACEM Choppy & Uncertain; Avoid, for now
BHARTIARTL Choppy & going down; Avoid, for now
LICHSGFIN See after 456 Flat & Steady; Watch this..

Our Suggests have done a good enough job in the very beginning today; There can
be more from a few of them, but for most of us, the day's job is done; The general
market has flattened out, as expected; There is real fear of false starts at this time;
Do not push your luck; Do not take big risks that can take away your profits and
take you to losses; Stay Away, if you cannot decide what to do.

The Nifty is fluctuating quietly in the 8020-8040 range after our last Update; This is as
per expectation; The Nifty is at 8030 now, in the green, holding the 8000-level safely;
The Resistance at 8040 has proved good and had prevented the Nifty from going up
after crossing 8000-level; First Support is at 7980 now; If 8040 is not crossed quickly
now, we expect some small downside to come till our next Update; Nothing major,
as 7980 should hold; 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

18Sept(12:30) Mkt in green; Going good; No Suggest gave
profit; See PFC>234 BHARTIARTL>360 now if mkt upturn
holds; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV No development after last Update;
Choppy & Uncertain; Avoid, for now
ITC Flat after a fall; Watch after 323
PFC See after 234 Flat & Holding; Watch this..
AMBUJACEM This has disappointed; Avoid, for now
BHARTIARTL See after 360 Recovering after a fall; Watch this..
LICHSGFIN Just touched the trigger at 456; There was
actually no entry; Avoid, for now

No matter what we have written in the box above, we feel this market has already
given whatever is to be had for intraday trading in LONG, and you should quit this
market now and take home whatever profits you have made so far; If you were
unlucky, and nothing has come your way, even then leave, and go profit-less if
you have to; If you have deep pockets, you can take an outside chance with
the three we have mentioned above; Be careful of false starts; Do not take big
risks that can take you to losses; Stay Away, if you cannot decide what to do.

The Nifty is fluctuating quietly around the 8040 mark since our last Update; The
small downside that we has expected did not come, which is good; A high of 8055
was touched; Technically, the Resistance at 8040-8060 is still holding; And the
Nifty is still holding 8000-level with ease; Next will be getting past 8050;
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

18Sept(2:30) Mkt in green; Choppy; CROMPGREAV gave profit;
CROMPGREAV>183.50 PFC>234 still good for LONG
if upsurge comes back in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CROMPGREAV Out at 183.50
See again after 183.50
Choppy & Uncertain; But keep watching..
ITC Going down; Avoid
This has disappointed today
PFC See after 234 Still Holding; Keep watching..
AMBUJACEM This has also disappointed; Avoid
BHARTIARTL Flat at 357.50; Can still flare up in last hour
LICHSGFIN Choppy & Uncertain; Avoid

Small hopes have been shown in 3 Suggests in the box above; But, as we have said
before, we have all but withdrawn from any further activity today; The general market
has started to fall from a peak; There is absolutely no point in staying around any
more; At this point, it is best not to take any further risks and take home what
ever profits you have made; Do not take any rash decision in this last hour,
that can lead you to losses; It is best to Stay Away now.

The Nifty has not been able to cross the Resistance at 8040 and the index has
started to fall from that level after our last Update; A high of 8055 was touched;
Nifty is at 8010 now, in the green, and holding 8000-level seems to be a problem
now; There is First Support at 7980, which should hold, we feel; We expect the
Nifty to get back to range-bound trading with 7980 as the base, till closing today;
A closing above 8000 will surely be attempted today; Do not take any undue
risks now; Protect your profits; Today, we will close in the green.

 


 

Please also see our Today's Performance or Details page