IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 07-Oct-2015


 

SUGGESTS:

 

APOLLOTYRE

 

JINDALSTEL

 

ONGC

 

ALSO SEE:

IBREALEST

ITC

VOLTAS

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, 07-Oct-2015

SMS Pre-Market

Suggests: APOLLOTYRE JINDALSTEL ONGC;
Also See: IBREALEST ITC VOLTAS;
Valid for date: 07-Oct-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8170, 8190, 8230, 8280, 8320;
NIFTY Support levels are: 8140, 8110, 8080, 8050, 8020;

 


 

SMS-1

07Oct(10:00) Flat openng; Going choppy;
See ONGC>256 ITC>346;
Watch JINDALSTEL>74 VOLTAS>282;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8145 tracking mixed global cues as
the IMF forecasted a lower global growth of 3.1% this year citing modest pickup
in advanced economies and a slowdown in emerging markets, primarily reflecting
weakness in some large developing nations and oil-exporting countries; India's
growth forecast for FY16 has also been lowered to 7.3% from its July forecast of
7.5%; The Nifty is at 8160 now, in the green, going choppy; No particular bias is
seen at this time, but a slight positive bias might develop; Experts are looking at
targets around 8220-8250 for the Nifty; There is first Resistance at 8170-8190
region and first Support can be found at 8140-8120; Do not take any hasty
decisions; Do not take unnecessary risks; Any wrong move can take you to
losses; See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ONGC 256 252 258 262 230
ITC 346 340 348 353 170

Also watch JINDALSTEL>74 and VOLTAS>282 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

07Oct(11:00) Mkt +ve & choppy; No Suggest gave profit;
No entry for VOLTAS; See APOLLOTYRE>197.50 ITC>346
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
APOLLOTYRE See after 197.50 Flat after a fall; Watch this..
JINDALSTEL Flat & Holding; Watch after 73.50
ONGC Recovering after a fall; Watch after 255
IBREALEST Flat & Choppy; Watch after 70.50
ITC See above 346 Very flat at 345; Keep watching..
VOLTAS Touched trigger at 282 There was no entry possible as the
touch was very brief; Going down now

Except for VOLTAS, we are hopeful with all our Suggests at this time; Progress will
be slow and laboured; Be careful 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 developed a slight choppy positive bias after our last Update, exactly
as we had expected; This has taken the index from 8135 to 8185; The Nifty is at
8180 now, in the green; This 8170-8190 zone is a Resistance area and we expect the
Nifty to pause at this stage; Some small downside is possible, but positive bias should
return to take the Nifty towards 8200 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

07Oct(12:30) Mkt choppy around line; IBREALEST gave profit;
ITC Marginal; See IBREALEST>72.50 again if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Choppy; Watch this after 196.50
JINDALSTEL Going down choppily; Avoid, for now
ONGC Choppy & Uncertain; Avoid, for now
IBREALEST In at 70.50, Out at 72.20
See again after 72.50
Going flat now; Can give a second chance
ITC In at 346;
Marginal till now
Get out Marginal if there is no upsurge
in this in the next 10-15 minutes
VOLTAS Going down steadily; Avoid, for now

Some profits have come from IBREALEST and ITC might still deliver; Otherwise
there is nothing in this market that is engaging; The Nifty is down back to the line;
While the general market will surely improve from here, we are not very hopeful with
any of our Suggests at this time; Be very careful; 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 is at 8150 now, marginally in the red, having come down from the
day's high of 8185; Right now, it is fluctuating around the line in the broad 8140-
8170 range; The Resistance in the 8170-8190 zone has held strong and prevented
any further upmove today, exactly as we had expected; Global cues are mixed as
oil prices have stabilised but Europe is still expected to open in red; We expect
some more downside in the Nifty now, but Support at 8140-8110 should hold;
We still feel positive bias should return to take the Nifty towards 8200 later
today; Be careful about what you do now; Consider all angles before you
take a decision; Protect your profits, if any; Do not take any undue risks;
There should not be any losses today.

 


 

SMS-4

07Oct(2:30) Mkt around line; Flat & Choppy; ITC gave
profit; JINDALSTEL gave a chance; None good for LONG
in last hour; Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Choppy around 195; Avoid
JINDALSTEL Gave a chance: in at 71.50, out at 72.50;
But we had said, "Avoid, for now"
ONGC Going up choppily; Watch after 256
IBREALEST No further development after last Update;
Best to avoid this now
ITC In at 346; Out at 348.50 Going down now; Best to avoid this
VOLTAS Going down steadily; Avoid

We feel whatever was to happen today for Intraday Traders wanting play in LONG,
has already happened; There is not much scope for any further profits today from
our Suggests; Not even from ONGC; If you have made any profits today, and even
if nothing has come your way, it is best to Stay Away now; Do not take any undue
risks that can take you to losses; Protect your profits, if any; Stay Away.

The upside towards 8200 that we had been talking about since yesterday, never
came; There was some movement that took the Nifty from 8130 till about 8180,
but it faded away after that; Today's work is done, it seems; The Nifty is at 8150
now, on the line, fluctuating around the 8160 mark; Support at 8140-8110 has held;
But global cues have turned good with Asia closing almost all in green and Europe
also trading in the green at this time; The Rupee is good at 65.0754; So, the
upside we were expecting might still happen; In any case, 8150-level will be
held at closing today, we feel; Do not take any undue risks now;
Today, we will close flat/green.

 


 

Please also see our Today's Performance or Details page