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Alerts / Updates

for Wednesday, 23-Sept-2015


 

SUGGESTS:

 

IDBI

 

POLARIS

 

VOLTAS

 

ALSO SEE:

HEXAWARE

NCC

PFC

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 Wednesday, 23-Sept-2015

SMS Pre-Market

Suggests: IDBI POLARIS VOLTAS;
Also See: HEXAWARE NCC PFC;
Valid for date: 23-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7840, 7880, 7930, 7960, 7990;
NIFTY Support levels are: 7760, 7700, 7670, 7630, 7600;

 


 

23Sept(10:00) Gap-down openng; Choppy;
See IDBI>68.50 VOLTAS>258;
Watch POLARIS>194 PFC>237;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

The Nifty opened 80-point gap-down today at around 7730 tracking negative trends
around the world; Markets have tumbled in opening trades mirroring declines in other
Asian markets after China Caixin PMI fell to a six and a half year low citing fears about
the health of China's economy; Meanwhile, US stocks closed on a dismal note last
night as investors remain unnerved regarding the slump in oil prices and global growth
concerns; At home, The crucial level of 7800 has been breached on opening, but the
Nifty is showing signs of recovery and is at 7750 now, in the red; We have the Expiry
tomorrow, so some choppiness is expected; Support has been found at 7720 and First
Resistance will be at 7800-7810; We expect to see the Nifty at that level by the time
of our next Update; However, experts have predicted another 100-point decline by
the Nifty today; 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
IDBI 68.50 66 69.50 71 870
VOLTAS 258 254 260 264 230

Also watch POLARIS>194 and PFC>237 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

23Sept(11:00) Mkt has +ve bias; IDBI gave profit; See
IDBI>71.70 VOLTAS>258 HEXAWARE>250 now
if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
IDBI In at 68.50, Out at 71.70
See again after 71.70
This can give a 2nd chance later today
POLARIS Might turn up; Watch after 194
VOLTAS See above 258 Choppy & Uncertain; But keep watching..
HEXAWARE See above 250 This is also Uncertain; But keep watching..
NCC Flat & Quiet; Avoid, for now
PFC Flat & Uncertain; Avoid, for now

There was a spurt of activity in several of our Suggests immediately after opening
today; Many of them could have given you good profits; We have been able to catch
only one of them in IDBI; At this time, things do not look good anymore; The general
market has become flat; There can be false starts now; Do not take big risks that
can take you to losses; Stay Away, if you can't decide what to do.

The Nifty gave a good run up after opening today from 7740 to 7790 almost, but
has now taken a pause; At 7780, in the red, and has been in this region from about
10:20am; We still expect the Nifty to approach 7800 anytime now, as we said in our
last Update; However, some more consolidation may be seen at this level of 7780;
Support is still at 7720 and First Resistance will be at 7800-7810; 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

23Sept(12:30) Nifty has +ve bias; 2 Suggests gave profit; Hold
IDBI>73.50 POLARIS>196; See VOLTAS>258 HEXAWARE>250
now if mkt upturn holds; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IDBI Out at 73.50
Hold>73.50, SL-71
This can give more profits today
POLARIS In at 194, Out at 196
Hold>196, SL-192
This has levelled out; Be careful..
VOLTAS See above 258 There is still chance; Keep watching..
HEXAWARE See above 250 This also has chance; Keep watching..
NCC Flat & Quiet; Avoid, for now
PFC Choppy & Uncertain; But watch after 237

Good additional profits have come from 2 of our Suggests as the Nifty has started
to improve; If the Nifty keeps on going up, there could be more profits from several
of our Suggests; As usual, be careful of sudden downsides; 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 has kept our word and has crossed the 7800-mark after our last Update;
At 7820 now, marginally in the green, coming up from the day's low of 7720; This
level around 7810 is a Resistance area and the Nifty can consolidate a little here
before going up again; Next target will be 7840-7850; Global markets are all in the
red however, and Europe is expected to open in the red on renewed fears about
China; The upside in the Nifty can thus be limited now unless we get some positive
domestic 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

23Sept(2:30) Mkt in green; +ve bias; 3 Suggests gave
profit; IDBI>75 VOLTAS>260.50 still good for more in
LONG if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IDBI Out at 75.30
See again above 75.30
Stuck now at 74; Can give more in last hour
POLARIS No further development after last Update
VOLTAS In at 258, Out at 260.50
See again above 260.50
This can give more; Keep watching..
HEXAWARE In at 250, Out at 254.50 Going down now; No further chances seen
NCC Flat & Quiet; Avoid
PFC Choppy & Uncertain; Avoid

Some more profits have come as the Nifty has kept on with its positive bias;
There is still chance for some more in last hour, but it is also time to protect your
profits and take home your gains for the day; Do not take even small risks in the
last hour that can take away your profits and push you to losses; It is best
not to take any further chances; It is best to Stay Away now.

Experts had predicted a 100-point loss for the Nifty today, but what we have till
now is a 70-point increase from yesterday's closing, with more to come; And if you
look at intraday gains, it has been from 7720 to 7880 now, that is about 160-points;
The Nifty is at 7870 now, in the green, having got stopped at the Resistance at 7880;
Asian markets are closing in the red, but Europe has turned green after opening
unsteady; England, France Germany are about +1% up; This has helped in pulling
up our market together with the Iran gas deal; The upside in the Nifty will be limited
now in the last hour, we feel; We hope to get a closing above the 7850-level today;
Do not take any undue risks now; Protect your profits; Today, we will close green.

 


 

Please also see our Today's Performance or Details page