IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 09-Oct-2015


 

SUGGESTS:

 

GRANULES

 

RCOM

 

TATASTEEL

 

ALSO SEE:

ADANIPORTS

BHEL

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 Friday, 09-Oct-2015

SMS Pre-Market

Suggests: GRANULES RCOM TATASTEEL;
Also See: ADANIPORTS BHEL TATAMOTORS;
Valid for: 09-Oct-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8160, 8190, 8230, 8280, 8320;
NIFTY Support levels are: 8100, 8050, 8020, 8000, 7980;

 


 

SMS-1

09Oct(10:00) Gap-up openng; Going Flat;
See TATASTEEL>248 TATAMOTORS>350;
Watch GRANULES>159 BHEL>206.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 60-point gap-up opening for the Nifty today around 8190 following
strength in the global peers after release of the minutes from the last US
Federal Reserve meeting released overnight confirmed that the US central
bank is in no hurry to hike interest rates this year; This had improved the
trading sentiments throughout the world; The Nifty50 has surged past its
crucial psychological level of 8200 immediately after opening today, and
is at 8220 now, in the green, fluctuating in the 8200-8230 range; Largely
range-bound trading is expected today, with a slight positive bias; First
Resistance is in the 8230-8250 region and first Support can be found at
8160-8150; Do not take any hasty decisions; Do not take any big 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
TATASTEEL 248 243 250 255 240
TATAMOTORS 350 345 352 355 170

Also watch GRANULES>159 and BHEL>206.50 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

09Oct(11:00) Mkt +ve & choppy; No Suggest gave profit;
Hold TATASTEEL>248 TATAMOTORS>350 if in;
No other looks good for LONG now; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action - for LONG Comments
GRANULES Going down; Avoid, for now
RCOM Going down; Avoid, for now
TATASTEEL In at 248
Hold>248, SL-243
Showing positive tendencies, but be careful..
ADANIPORTS There can be some chances later today
BHEL Going down; Avoid, for now
TATAMOTORS In at 350
Hold>350, SL-345
Has positive bias; Keep watching..

We have placed faith in 3 of our 6 Suggests in the box above; But that doesn't
mean the there is no chance with the rest; All 6 can give profits if the Nifty starts to
move up; Use PricePoints if you get an opportunity; Problem is, the market is going
down; So, be very 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.

Instead of a positive bias, the Nifty has started on a negative bias after our last
Update; The index is at 8205 now, in the green; The level of 8200 is now under
threat; But we do not see any big downside coming; The Nifty should return to
range bound trading with 8200 as the mid-point now; There is Support at 8160;
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

09Oct(12:30) Mkt in green; Going down; TATASTEEL gave
profit; TATAMOTORS Marginal; See TATASTEEL>249.50
again if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
GRANULES Scrappy & low volume; Avoid, for now
RCOM Going down; Avoid, for now
TATASTEEL Out at 249.50
See again after 249.50
There can be more here today
ADANIPORTS There can be some chances after 322
BHEL This also can give chances after 205.50
TATAMOTORS Marginal at 350 Get out Marginal if there is no positive
development in the next 15-20 minutes

One Suggest has given minimal profit, one is Marginal and the others have
disappointed; That is the picture till now; And we do not see any change in
this picture till the Nifty starts to climb up; Not very likely; It will be best to
Stay Away from this market if the Nifty starts to fall again; Don't take any
chances; Don't take any unnecessary risks that can take you to losses;
Stay Away, if you cannot decide what to do.

There has been some more downside in the Nifty after our last Update; The barrier
at 8200 has been broken and the Nifty has touched a low of 8160 just now; The
Nifty is at 8170, still firmly in the green, but a lot of the opening gains have been
lost; This 8160 is a Support zone; While we feel that 8160 will hold for some time,
and the Nifty will definitely try to recover from here, some trigger will be required
for that to happen; Asia and Europe are almost all in the green; The Rupee is good
at 64.8299; Domestic car sales have been very good in Sept; But even then, we
feel that some more profit booking might come and the Nifty will go down further
if 8160 is broken; 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

09Oct(2:30) Mkt in green; Choppy; TATASTEEL TATAMOTORS
added profit; These 2 still good for more in LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
GRANULES Scrappy & low volume; Avoid
RCOM Going up slowly; But best to Avoid now
TATASTEEL Out at 251
See again after 251
Not much scope seen here anymore
ADANIPORTS Scrappy & uncertain; Avoid
BHEL This is also uncertain; Avoid
TATAMOTORS Out at 354
See again after 354
There can be more here in last hour

Both the Tata companies have given adequate profits today, and there can be
some more in them in the last hour; However, it is time to quit, specially if
you have made your profits for the day; Don't take any chances; Don't take
any further risks that can take away your profits and push you towards
losses; Best to Stay Away now;

Some more downside in the Nifty came after our last Update, that had taken the Nifty
to a low of 8140; But the index has bounced back from there and is at 8170 now;
Positive global cues and good car sales have pulled our market up; More recovery
is expected; Global cues are still supportive and the Rupee is good at 64.8500;
There is some Resistance at 8190 but we feel that the Nifty will make a serious
attempt to recover 8200-level before 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