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Alerts / Updates

for Thursday, 24-Sept-2015


 

SUGGESTS:

 

CAIRN

 

DISHMAN

 

IDBI

 

ALSO SEE:

ARVIND

DISHTV

ONGC

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, 24-Sept-2015

SMS Pre-Market

Suggests: CAIRN DISHMAN IDBI;
Also See: ARVIND DISHTV ONGC;
Valid for date: 24-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7890, 7930, 7960, 7990, 8020;
NIFTY Support levels are: 7800, 7760, 7720, 7680, 7630;

 


 

24Sept(10:00) Flat openng; Going down;
See CAIRN>148 DISHMAN>312;
Watch IDBI>75.20 DISHTV>116.20;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Flat opening for the Nifty at around 7840 today tracking weakness seen in other
Asian markets with Japan down almost -2% after resuming trade following a five-
day holiday; Our market has developed a slight negative bias immediately after
opening and the Nifty is at 7820 now, in the red, after touching a low of almost
7800; This 7800-level is good Support that we expect will hold for some time;
There will be Resistance in the 7860-7880 area; Most analysts expect today's
session to be choppy on account of the expiry of the September series futures
and options (F&O) contracts; However, 7850 will be middle point in today's trade,
we feel; 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
get into a loss; See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CAIRN 148 145 149 152 400
DISHMAN 312 307 314 318 190

Also watch IDBI>75.20 and DISHTV>116.20 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

24Sept(11:00) Mkt -ve & flat; 2 Suggests gave small profit;
See CAIRN>149 DISHMAN>314 again if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
CAIRN In at 148, Out at 149
See again after 149
This can give a 2nd chance later today
DISHMAN In at 312, Out at 314
See again after 314
This can also give a 2nd chance today
IDBI Flat & Quiet; But watch after 75
ARVIND Choppy & Uncertain; Avoid, for now
DISHTV Choppy & Uncertain; Avoid, for now
ONGC Flat after a fall; Watch after 232

Small profits have come from 2 of our Suggests, and there is hope from some others
at this time; But the general market has become quiet and range-bound; Plus today
is Expiry; You have to be extra careful; There are big chances for false starts
today; Do not take any unnecessary risks that can take you to losses;
Stay Away, if you cannot decide what to do.

7830 has become the middle point for range-bound trading for the Nifty, instead
of 7850 as we had expected in our last Update; The range has been 7820-7850;
The Nifty is at 7830 now, in the red, trading quietly; At this time, it is very difficult
to say which way the market will go - up or down; Much will depend on external
factors, and these are not stable; But we still feel 7850 for the Nifty will be
crossed today; 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

24Sept(12:30) Mkt in green; Going up; No Suggest gave profit;
See IDBI>75 ARVIND>293 now if mkt upturn holds;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Has started to fall after last Update;
Avoid, for now
DISHMAN This is also falling after last Update;
Avoid, for now
IDBI See above 75 Flat & Quiet at 74; But watch this..
ARVIND See above 293 Showing signs of going up; Watch this..
DISHTV Choppy & Uncertain; Avoid, for now
ONGC Going down slowly; Avoid, for now

Our Suggests are not moving in sync with the Nifty at this time; That is why none
of our Suggests have been able to give profits in spite of the Nifty going into the
green; At this time, we have placed our hopes on two Suggests, but we are not very
enthusiastic about them; You have to be extra careful as today is Expiry; There are
chances for false starts; Do not take any unnecessary risks that can take you to
losses; Stay Away, if you cannot decide what to do.

The Nifty has done well after our last Update and has moved into the green; At 7855
now, just above the line, coming up from a low of about 7800; As we said before, we
expect this 7850-level to hold for the Nifty and range-bound trading to commence with
this as the mid-point; Much will depend on external factors; But world markets are not
supportive as Asia is mostly in the red with some markets over -2% down and Europe
expected to open mostly negative on VW worries; 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

24Sept(2:30) Mkt in green; Flat & Choppy; No Suggest gave profit;
CAIRN>149 IDBI>75 look good for LONG if upsurge comes
again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN See above 149 This can give some returns in last hour
DISHMAN Flat & Choppy; But watch after 310
IDBI See above 75 There is still chance; Keep watching..
ARVIND Going down; Avoid
DISHTV Choppy & Uncertain; Avoid
ONGC Flat & Choppy; Avoid

As we said in our last Update, our Suggests are not moving in sync with the Nifty
today; No profits have come from the upsurge seen in the Nifty after our last
Update; The situation can still turn for the better in the last hour if the Nifty turns
up again; You have to be extra careful as today is Expiry; There are chances for
false starts; Do not take any unnecessary risks that can take you to losses;
Protect whatever small profits you have made today;
Stay Away, if you cannot decide what to do.

The Nifty has done well again after our last Update and has touched a high of 7895;
The going has been choppy, as can be expected on Expiry day, but a shot at 7900 is
on the cards now; Asian markets are closing mostly in the red, but Europe is trading
flat now with most markets about to cross over into the green; There are no domestic
cues; The Nifty is at 7880 now, in the green, but the upside looks limited at this time;
However, the 7850 mark will be held at closing today, we are sure, and a last minute
upsurge towards 7900 will also be made by the Nifty; 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