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Alerts / Updates

for Thursday, 08-Oct-2015


 

SUGGESTS:

 

ONGC

 

ITC

 

RCOM

 

ALSO SEE:

CAIRN

HINDALCO

TATAMOTORS

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, 08-Oct-2015

SMS Pre-Market

Suggests: ONGC ITC RCOM;
Also See: CAIRN HINDALCO TATAMOTORS;
Valid for date: 08-Oct-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8190, 8230, 8280, 8320, 8350;
NIFTY Support levels are: 8130, 8100, 8050, 8020, 8000;

 


 

SMS-1

08Oct(10:00) Flat openng; Going Choppy;
See HINDALCO>83.20 TATAMOTORS>348;
Watch ONGC>258 CAIRN>167.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today around 8190 tracking muted trend seen in other
Asian markets; Yesterday night a firm closing was witnessed for the US markets as
investors wait for the earnings season and Fed minutes; The Nifty is at 8160 now,
in the red, choppy, but showing slight negative tendency; Experts believe we will
get range-bound trading today with no particular bias; However, till the October
expiry levels around 8250 is the first target, and upto 8340-8350, even the 200-
day average at about 8380 is possible; Today, there is first Resistance at 8190-
8210 region and first Support can be found at 8150-8130; 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
HINDALCO 83.20 80 84 85 720
TATAMOTORS 348 341 351 356 170

Also watch ONGC>258 and CAIRN>167.50 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

08Oct(11:00) Mkt -ve; Flat & choppy; 3 Suggests gave profit;
Hold CAIRN>168.50 if in; See ITC>342 TATAMOTORS>346
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
ONGC In at 258, Out at 259.50 Going flat after the up-thrust;
Not much expected from here now
ITC See above 342 This might turn up; Keep watching..
RCOM Going up slowly; Watch after 77.50
CAIRN In at 167.50, Out at 168.50
Hold>168.50, SL-166
There can be some more here today
HINDALCO In at 83.20, Out at 84.20 Has started to go down; Avoid, for now
TATAMOTORS See above 346 Choppy & Uncertain; But keep watching..

Some profits have come from 3 of our Suggests already today, and CAIRN should give
some more; But that is all there is today, we feel; The Nifty is flat and quiet; Let us
stay away till the market starts to move up; 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 become flat and quiet after our last Update; At 8150 now, in the red;
Fluctuating in the very narrow 8140-8160 range since the last half-hour; The level
of 8150 is still held, but we are doubtful how long more it will hold; Some downside
is possible; There is Support at 8130 and then at 8100-8090; This level should hold,
we feel; Do not take any undue risks; Protect your profits; Any wrong move
on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

08Oct(12:30) Mkt in red; Took a fall; CAIRN added profit;
None look good for LONG now; All can profit if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ONGC Cannot cross 258.50; Watch if mkt turns up
ITC Going down now; Watch if mkt turns up
RCOM Going down choppily; Avoid, for now
CAIRN Out at 170.50 Cannot cross 169; Watch again if mkt turns up
HINDALCO Choppy & Undecided; Watch if mkt turns up
TATAMOTORS Choppy & Uncertain; Avoid, for now

As we had been expecting since the last Update, there is nothing much left in this
market today, unless the Nifty starts to move up; There is a possibility for that; You
should wait for that to happen, and then follow PricePoints if you get any opportunity;
However, it will be best to close shop for the day, specially if you have made some
profits; Protect your profits; Do not take any unnecessary risks that can take
you to losses; Best to Stay Away now;

The Nifty has taken a fall from 8150 to touch a low of 8110 almost, like we had feared
in our last Update; At 8130 now, in the red; Fluctuating between 8120-8130; The level
of 8150 has been lost; But the Support at 8130 is technically still holding; As we said
before, this Support might also go but the next one at 8100-8090 should hold; Global
cues are mixed today as Asia is mostly red, Europe opening is uncertain; The Rupee
is good at 65.0600; There are no domestic cues; We feel some more downside
might come to take the Nifty towards 8100, but some recovery is seen later
today; Be careful about what you do now; Consider all angles before you
take a decision; Protect your profits; Do not take any undue risks;
There should not be any losses today.

 


 

SMS-4

08Oct(2:30) Mkt in red; Flat; HINDALCO gave profit;
HINDALCO is also the only one looking good for more
profits in LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ONGC Has taken a fall; Avoid
ITC Flat at 338; Watch if mkt turns up
RCOM Choppy & Uncertain; Avoid
CAIRN Flat & Uncertain; Avoid
HINDALCO In at 82.50, Out at 84 A second chance has come on good
momentum; There can be more here
TATAMOTORS Choppy & Uncertain; Avoid

Our Suggests have given adequate returns today, even as the Nifty has been going
down steadily throughout the day; Although we have names HINDALCO in the box
above, it will be correct to give up and quit trading now; Protect your profits;
Do not take any unnecessary risks; Best to Stay Away now;

The Nifty has continued the downside after our last Update, like we had feared;
At 8105 now, in the red; Support at 8130 has been breached; 8100-level is now
under threat; But like we said before, we expect the Support at 8100-8090 to
hold till closing today; Asia is still mixed, Europe is also mixed, but key markets
are in the red; The Rupee is holding at 65.0799; There are no domestic cues;
We expect flat range-bound trading to continue till closing; 8100-level will
be held at closing today, we feel; Do not take any undue risks now;
Today, we will close red.

 


 

Please also see our Today's Performance or Details page