IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 01-Oct-2015


 

SUGGESTS:

 

BHEL

 

IDEA

 

IRB

 

ALSO SEE:

CAIRN

POWERGRID

TATASTEEL

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, 01-Oct-2015

SMS Pre-Market

Suggests: BHEL IDEA IRB;
Also See: CAIRN POWERGRID TATASTEEL;
Valid for date: 01-Oct-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: 7910, 7880, 7840, 7800, 7760;

 


 

01Oct(10:00) Gap-up openng; Going Flat;
See IDEA>154 TATASTEEL>215.50;
Watch IRB>237 CAIRN>155.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another milestone, the 8000-mark has been hit by the Nifty at the opening today;
World markets continue to show strength after a dismal quarter as the US closed
almost +2% higher last night and Japan is again over +2.4% in green; At home, in
a welcome move, the RBI surprise rate-cut action has halted FII selling to certain
extent but it will return, fear experts; FIIs have sold shares worth almost Rs 4600
crore in September against a massive outflow of Rs 16877 crore in August, which
was the highest monthly selloff in seven-and-half years; This trend might now get
reversed in October, moreso because the MAT controversy has now been resolved;
For the Nifty today, first Resistance is at the 8020-8050 range; Support will be found
at 7980-7950 zone; The index is at exactly 8000 now, in the green, and we generally
expect range-bound trading around the 8000-level today, 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
IDEA 154 151 155 158 380
TATASTEEL 215.50 211 217 220 270

Also watch IRB>237 and CAIRN>155.50 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

01Oct(11:00) Mkt going down; No Suggest gave profit;
IRB Marginal; None look good for LONG now;
All can profit if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
BHEL Can turn up after a fall; Watch after 203.50
IDEA Flat around 150; Watch after 151.50
IRB Marginal at 237 Choppy around 236 actually; But watch this..
CAIRN Took a fall; Recovering; Watch after 154
POWERGRID This is also recovering; Watch after 133
TATASTEEL Choppy; But watch after 213.50

As can be seen from the box above, we have hopes in all our Suggests, but much will
depend on how the Nifty fares from here; Be careful about 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 taken a fall and has been unable to hold the 8000-level after our last
Update; From a high of about 8010 the Nifty went down to below the line till about
7935 in the red; The Nifty is at 7960 now, marginally in the green, trying to recover;
This 7940 is a Support area that has stopped the Nifty from falling further, but we
are not sure how long it will be able to hold; Some more downside might come;
Do not take any undue risks; Any wrong move on your part can take you
to losses; Stay Away, if in doubt.

 


 

SMS-3

01Oct(12:30) Mkt in green; Going up slowly; No Suggest
gave profit; IRB CAIRN Marginal; See IDEA>151.50
POWERGRID>133 now if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Flat & Uncertain; Avoid, for now
IDEA See above 151.50 Going up slowly; There can be chances
IRB In at 237, Out at 238 This is still Marginal; But keep watching..
CAIRN Marginal at 154 There is chance here, so keep watching..
POWERGRID See above 133 Going up slowly; Keep watching..
TATASTEEL Flat & Uncertain; Avoid, for now

We are still hopeful with most of our Suggests, but at the same time we have to
be very careful today; The Nifty is also improving slowly; 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 downward movement we expected for the Nifty has been replaced by a slight
positive trend after our last Update; The Nifty is at 7970 now, in the green, coming
up from 7935; Range-bound trading with a slight positive trend is what we expect
from the Nifty now; Be careful about what you do now; Consider all angles
before you take a decision; Do not take any unnecessary risks;
There should not be any losses today.

 


 

SMS-4

01Oct(2:30) Mkt on the line; IRB gave small profit;
POWERGRID Marginal; None looks good for LONG in
the last hour; Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Going down; Avoid
IDEA Uncertain; Avoid
IRB Out at 238.70 Small profits will be reported on this;
Best to Avoid this now
CAIRN Still Marginal at 154;
But there is chance here in last hour
POWERGRID Marginal at 133 This could have given losses to some
members who took entry at 133.50-133.75
TATASTEEL Choppy & Uncertain; Avoid

We are having a bad day today; No Suggest has given confirmed profits, while
3 of them have been Marginal and could have given losses to our Members; At this
time, there is only one Suggest that looks good for LONG, and even with this we
urge you to be extra careful; Do not take any rash step that can take you to
more losses; It is best to Stay Away now.

The Nifty has remained flat and choppy in the 7930-7980 range after our last
Update; There has been no attempt to recover the level of 8000; Nifty is at
7950 now, absolutely on the line; Global cues are again supportive as Asia
is closing almost all in green and Europe totally in the green at present;
The Rupee is also good at 65.6075; There are no domestic cues; But
we do not expect any great movement in the Nifty in the last hour;
It will be sufficient if we get a closing around 7950; Do not take
any undue risks now; Today, we will close flat.

 


 

Please also see our Today's Performance or Details page