IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 17-Nov-2015


 

SUGGESTS:

 

CENTURYTEX

 

SBIN

 

TATASTEEL

 

ALSO SEE:

FRL

JKTYRE

RELINFRA

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 Tuesday, 17-Nov-2015

SMS Pre-Market

Suggests: CENTURYTEX SBIN TATASTEEL;
Also See: FRL JKTYRE RELINFRA;
Valid for date: 17-Nov-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7840, 7880, 7930, 7980, 8020;
NIFTY Support levels are: 7770, 7730, 7700, 7630, 7600;

 


 

SMS-1

17Nov(10:00) Gap-up openng; Choppy;
See TATASTEEL>235 FRL>140;
Watch CENTURYTEX>559 JKTYRE>98.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A firm and positive opening was seen in our markets today following across-the-
board buying seen in other Asian markets and mirroring strength in other global
peers after investors discounted the impact from the Paris attacks; Meanwhile,
mixed domestic macroeconomic data, FII stance, coupled with movement of the
Rupee and crude oil are likely to dictate market trend on the bourses in the near
term; The Nifty opened around 7840 today, 35-points in the green; The index is
at 7830 now, in the green, going choppy just around 7830; Today, we expect
to see 7800 for the Nifty being held comfortably with 7710 as the lower limit;
On the higher side, Nifty will find it difficult to cross 7900-7930 without some
good trigger; Some of yesterday's forward momentum will be carried on today,
we feel; Keep constant vigil; Look at all angles before you decide what to
do; See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATASTEEL 235 230 237 240 250
FRL 140 136 141 144 420

Also watch CENTURYTEX>559 and JKTYRE>98.50 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

17Nov(11:00) Mkt +ve & flat; FRL gave profit;
Hold CENTURYTEX>562 TATASTEEL>235 if in;
See FRL>142 JKTYRE>98.50 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CENTURYTEX In at 559, Out at 562
Hold>562, SL-554
Choppy now, but can give chances later..
SBIN Flat & Uncertain; But watch after 252
TATASTEEL In at 235, Marginal
Hold>235, SL-230
Get out from here if there is no upside
movement in the next 15-minutes or so
FRL In at 140, Out at 142.50;
See again after 142
Flat & Uncertain now; But can give more
JKTYRE See above 98.50 Choppy & Quiet; But watch this carefully
RELINFRA Going down; Avoid, for now

Profits have already come from one Suggest and we are hopeful about 3 more
in the first hour of trade today; But the general market has been choppy and
uncertain, and might start to go down now; In that case, you have to be very
careful going forward; Let the given trigger be crossed confidently before you
take position; Be very careful of false starts; Do not take any undue risks
that can take you to losses; Stay Away, if you cannot decide what to do.

The Nifty is at 7810 now, marginally in the green, having come down from the
day's high of 7840; This level of 7800 is good Support and it should hold now;
Similarly, 7840 is good Resistance and it will hold good; Hence, we should see
range bound trading within this band for some time; However, watch the down
side momentum as it might gather strength and push the Nifty lower; Do not
take any unnecessary risks; Any wrong move on your part can take you to
losses; Stay Away, if in doubt.

 


 

SMS-3

17Nov(12:30) Mkt in green; Flat; CENTURYTEX gave profit;
TATASTEEL Marginal; See CENTURYTEX>562 again if
mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action -- for LONG Comments
CENTURYTEX Out at 564
See again after 562
Took a fall; Recovering; Can give more
SBIN Going down; Avoid, for now
TATASTEEL Marginal at 235 Going down; No chances here right now
FRL No addition to profits after last Update;
Best to Avoid this now
JKTYRE Going down; Avoid, for now
RELINFRA Going down; Avoid, for now

Except for CENTURYTEX, we do not see any prospects for profits at this time
from any of our Suggests; Even for CENTURYTEX, it will be a second run if some
thing further comes along; The general market is flat and uncertain around
the line; It will be best to give up trading in this market now, specially if
you have made some profits already; Do not take any unnecessary risks
that can take away your profits and push you to losses; Best to Stay
Away now unless you get a very good chance.

No further downside has come for the Nifty, thankfully, after our last Update;
The index is at 7815 now, still marginally in the green, fluctuating within the
narrow 7800-7820 band; Support at 7800 is still holding; But it is only a matter
of time before it gives way; Next Support is at 7770; However, the downside
momentum is still not very strong; But do not take undue risks; Stay Away
if you are already in profit; There should not be any losses today.

 


 

SMS-4

17Nov(2:30) Mkt in green; +ve bias; CENTURYTEX JKTYRE
gave profit; Only CENTURYTEX>570 looks good for more
profits in LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action -- for LONG Comments
CENTURYTEX In at 562, Out at 569.50
See again after 570
There can be more here in last hour
SBIN Uncertain & Risky; Avoid
TATASTEEL Marginal at 235 This is also very Risky; Avoid
FRL There can be a last chance in this after 142
JKTYRE In at 98.50, Out at 101 Profits came following previous levels;
There can still be something after 101
RELINFRA Uncertain & Risky; Avoid

This time also, CENTURYTEX looks like the best candidate to add some profits
in the last hour; There is scope for a few others also provided the Nifty resumes
its upward march above 7850; However, like we said before, if you have made your
target profits for the day, you should close shop and retire now; Do not take any
unnecessary risks in the last hour that can take away your profits and push you
to losses; Best to Stay Away now unless you get a very good chance.

In our last Update we had correctly pointed out that the downside momentum was
not very strong; It was further replaced by a positive bias that has taken the Nifty
up from 7790 to a high of 7860; The Nifty is at 7850 now, in the green, fluctuating
between 7840 and 7860; Technically, Support at 7800 has held; There is Resistance
at 7880; However, the Nifty seems to have levelled out now, and we do not see
much upside from here before closing time; It will be great if 7850-level is held
at closing today; Do not take any undue risks in the last hour that can
push you to losses; Stay Away; Today we will close green.

 


 

Please also see our Today's Performance or Details page