IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 22-Sept-2015


 

SUGGESTS:

 

ANDHRABANK

 

EXIDEIND

 

RECLTD

 

ALSO SEE:

ARVIND

DISHTV

POLARIS

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, 22-Sept-2015

SMS Pre-Market

Suggests: ANDHRABANK EXIDEIND RECLTD;
Also See: ARVIND DISHTV POLARIS;
Valid for: 22-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7990, 8020, 8050, 8090, 8120;
NIFTY Support levels are: 7940, 7910, 7880, 7830, 7800;

 


 

22Sept(10:00) Gap-up openng; Going down;
See EXIDEIND>155.50 ARVIND>294.50;
Watch RECLTD>275 POLARIS>189;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

The Nifty opened with a 30-point gap-up today at around 8010 tracking positive
global cues; The crucial level of 8000 was covered at the opening, but there has
been a small downside after that and the Nifty has not been able to hold the level;
At 7990 now, in the green, trying to hold on to the 8000-level; Experts feel that
we will see a relief rally now, supported by some short covering, in anticipation
of a rate cut by the RBI because inflation data etc. looks good; We have not seen
any meaningful inflows by FIIs till now this month; Meanwhile, benign food inflation,
sufficient transmission of policy rates and the spread of monsoon makes a case for
at least 25 bps cut in repo rate by the Reserve Bank, say experts; For the Nifty today,
8020 is a Resistance that has already acted strong today; This will be crossed in due
time, we feel, and the next Resistance at 8050 will come into play today; Support will
be found at 7990-7960; Choppiness is expected in trade as we have the Expiry on
Thursday; Do not take any hasty decisions today; 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
EXIDEIND 155.50 152 157 159 380
ARVIND 294.50 290 296 299 200

Also watch RECLTD>275 and POLARIS>189 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

22Sept(11:00) Mkt +ve & choppy; No Suggest gave profit;
See ANDHRABANK>68.50 DISHTV>117 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ANDHRABANK See above 68.50 There can be chances here today
EXIDEIND Turning up; Watch after 154
RECLTD Turning up; Watch after 275
ARVIND Flat & Uncertain; But watch after 293
DISHTV See above 117 Turning up; Watch this..
POLARIS Flat & Uncertain; Avoid, for now

The going will be tough for our Suggests today as the general market is flat and
uncertain; Only ANDHRABANK actually looks good; DISHTV is risky; There can be false
starts today, be careful; This type of market is not good for intraday trading in LONG;
Do not push your luck; Do not take big risks that can take you to losses;
Stay Away, if you can't decide what to do.

The Nifty has gone into quiet, range-bound trading in the 7980-8000 range after
our last Update; Struggling to hold on to the 8000-level; Nifty at 7990 now, in the
green; We feel that the Support at 7990-7960 will hold and the Nifty will start to
improve 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

22Sept(12:30) Mkt in green; Choppy; ARVIND POLARIS
gave profit; See RECLTD>275 POLARIS>195 now if
mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ANDHRABANK Flat & Uncertain, but watch after 68.50
EXIDEIND Going down; Avoid, for now
RECLTD See above 275 Flat & Uncertain, but keep watching..
ARVIND In at 293, Out at 295.70 Going down; Avoid, for now
DISHTV Choppy & Low volume; Avoid, for now
POLARIS In at 189, Out at 194.70
See again after 195
Entry came from 1st Update and PricePoints;
There can be more in this today

The going is still very rough for our Suggests as there is no improvement in the
general market; Our earlier hopefuls have gone out of the scene now, as POLARIS
has turned out to be a winner; This can give more now, but do not push your luck;
This type of market is not good for intraday trading in LONG; Do not take big risks
that can take away your profits, if any, and push you to losses;
Stay Away, if you cannot decide what to do.

The Nifty continues to be flat and quiet in the 7985-8005 range since our last
Update; At 7990 now, in the green, trying to hold on to the 8000-level; The Support
at 7990-7960 is still in force; Asian markets are still mixed, but Europe is slated to
open in green; The Rupee is holding at 65.6454; There are no domestic cues; At this
time we still feel that the Support at 7960 will hold even if there is some downside;
Nifty will start to improve later today; 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

22Sept(2:30) Mkt in red; -ve bias; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ANDHRABANK Has taken a fall; Might turn up in last hour
EXIDEIND Choppy & Uncertain; Avoid
RECLTD Took a fall; Might turn up now..
ARVIND Same here; Took a fall; Can turn up..
DISHTV Choppy & Low volume; Avoid
POLARIS Took a fall; Can turn up in last hour..

There has been a heavy downward bias in the Nifty after our last Update, and all
our Suggests have been victims of this big fall; There is little chance that the market
might turn around in the last hour; There can be some scope for profits if that really
happens; Follow PricePoints if you get any chance; But, as before, be aware of
false starts, specially when the Nifty is falling rapidly; Do not take big risks
in the last hour that can take away your profits, if any, and push you to
losses; It is best not to take any further risks and take home what
ever profits you have made; It is best to Stay Away now.

The Nifty Support at 7960 has given up rather easily after our last Update, and the
index has fallen very badly since then; At 7835 now, deep in the red; Important levels
at 7950, 7900 and 7850 have been breached today; This is already a 165-point fall
from 8000-level, and we fear that some more downside can come; The trigger for
today's fall has been the heavy downside in Europe after VW revealed rigging of
emissions tests of diesel-powered vehicles in the US; Next Support is at 7800;
We hope to get a closing around that level today; Do not take any undue risks
now; Protect your profits; Stay Away from this market; Today, we will close red.

 


 

Please also see our Today's Performance or Details page