IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 30-Sept-2015


 

SUGGESTS:

 

DLF

 

HDIL

 

LICHSGFIN

 

ALSO SEE:

RELCAPITAL

SBIN

SINTEX

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, 30-Sept-2015

SMS Pre-Market

Suggests: DLF HDIL LICHSGFIN;
Also See: RELCAPITAL SBIN SINTEX;
Valid for date: 30-Sept-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7880, 7930, 7960, 7990, 8050;
NIFTY Support levels are: 7800, 7760, 7720, 7680, 7630;

 


 

30Sept(10:00) Gap-up openng; Slight -ve bias;
See DLF>138.50 HDIL>76.50;
Watch LICHSGFIN>467 SBIN>245;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

The Nifty gave an opening above the crucial 7900-mark today, as US and Asian
markets have stabilised after big losses in the previous trading sessions; Japan
is up by +2.6%; However, growth concerns in China and plunge in the commodity
prices still continue; At home, rate sensitives are likely to remain in focus after the
RBI yesterday reduced the repo rate by a higher-than-expected 50 basis points to
6.75%; As a first result of this move, SBI has cut its base rate by 40 basis points
to 9.30%, the lowest in the industry; Other banks should follow this move; For
the Nifty today, first Resistance is at 7930; Support will be found at 7870-7850;
Getting past 7930 will be difficult without some help from global or domestic cues;
But 7850 will not be breached, we feel; We generally expect range bound trading
in that zone, unless we get some trigger; Do not take any hasty decisions;
Do not take undue risks; Any wrong move can take you to losses; Remember,
it is better to go profit-less, rather than get into loss; See these
if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DLF 138.50 135 139.50 143 430
HDIL 76.50 74 77.50 79 780

Also watch LICHSGFIN>467 and SBIN>245 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

30Sept(11:00) Mkt green & range-bound; No Suggest gave profit;
See DLF>138.50 HDIL>75.70 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
DLF See above 138.50 This can give profits today; Watch this..
HDIL See above 75.75 Stuck at 75; But there can be chances
LICHSGFIN Flat & Quiet; But watch after 465
RELCAPITAL Took a fall; Recovering; Watch after 370
SBIN Going down; Avoid, for now
SINTEX Flat & Quiet; But watch after 106

We have shown faith in all our Suggests, except SBIN, in the box above; But things
will start happening only if the Nifty starts to go up confidently; Right now it is
range-bound and quiet; Such days are dangerous for intraday trading in LONG
as there can be a lot of false starts; Look at all angles carefully before you put
in money; Do not take any unnecessary risks that can take you to losses;
Stay Away, if you cannot decide what to do.

The Nifty has remained range-bound after our last Update, as was expected; The
slight negative bias we saw last time, was not strong and was corrected quickly;
The Nifty is at 7900 right now, in the green, and the range for the Nifty has been
7880-7920; We expect this range to continue, and if it does, some upside should
come later in the day; Do not take any undue risks; Any wrong move on your
part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

30Sept(12:30) Mkt in green; Range-bound; RELCAPITAL
gave profit; Hold RELCAPITAL>374.50; See SBIN>241.50
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DLF Touched trigger at 138.50; There was
no entry possible; Avoid, for now
HDIL Going down; Avoid, for now
LICHSGFIN Stuck at 465; But keep watching..
RELCAPITAL In at 370, Out at 374.50
Hold>374.50, SL-370
Flattened out now; But there can be more
SBIN See after 241.50 This might turn up now; Keep watching..
SINTEX Very flat at 105; Watch after 106

Some profits have come from one Suggest, and a few others show promise; The Nifty
is also showing signs of holding position and slowly improving; But the day remains
as risky and there can be false starts; Be careful about them; As we said before,
look at all angles carefully before you take a decision to buy; Do not take any
unnecessary risks that can take you to losses; Stay Away,
if you cannot decide what to do.

The Nifty continues to be range-bound in the 7885-7915 range since our last
Update; But we are seeing higher lows and higher highs, and this indicates that
the Nifty position might now improve; Some upside should come later in the day;
But 7930 will be a difficult Resistance to cross today; Be careful about what
you do now; Consider all angles before you take a decision; Do not take any
big risks; Protect your profits, if any; There should not be any losses today.

 


 

SMS-4

30Sept(2:30) Mkt in green; Range bound; 2 Suggests gave
profit; Hold LICHSGFIN>470 RELCAPITAL>377 for LONG
if upsurge comes again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DLF Choppy & Uncertain; Avoid
HDIL This can still give an upsurge in last hour
LICHSGFIN In at 466, Out at 469.70
Hold>470, SL-464
There can be more here in last hour
RELCAPITAL Out at 377
Hold>377, SL-372
Flattened out again; But there can be more
SBIN Going down; Avoid
SINTEX Taken a fall; Avoid

Adequate profits have come from two of our Suggests on a bad day for intraday
traders going LONG; And there is still chance for some more profits with a few
of our Suggests; However, in keeping with what we have been saying in the past,
if you have made your profits for the day, now is the time to leave; Do not put
your profits at risk and take any rash step that can take you to losses;
It is best to Stay Away now.

The Nifty is not showing signs of giving an upsurge before closing today, as we had
expected today morning; The index has remained range-bound in the 7885-7925
range after our last Update; But there is still time; Global cues are supportive as
Europe is all in green and Asia is closing almost all in green; The Rupee is also good
at 65.7300; There can be a sudden jump in our market before closing that can take
the Nifty past 7930; In any case, we expect the 7900-level to be held at closing 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