IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 18-Nov-2015


 

SUGGESTS:

 

AMBUJACEM

 

CENTURYTEX

 

JKTYRE

 

ALSO SEE:

CAIRN

ITC

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 Wednesday, 18-Nov-2015

SMS Pre-Market

Suggests: AMBUJACEM CENTURYTEX JKTYRE;
Also See: CAIRN ITC TATASTEEL;
Valid for date: 18-Nov-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7860, 7890, 7930, 7980, 8020;
NIFTY Support levels are: 7790, 7730, 7700, 7630, 7600;

 


 

SMS-1

18Nov(10:00) Gap-down openng; Choppy;
See AMBUJACEM>203 JKTYRE>101.50;
Watch CENTURYTEX>570 CAIRN>137;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A slight gap-down opening for the Nifty was seen in our markets today
following down cues from global markets in absence of any immediate
triggers; The index is at 7825, in the red, going choppy and undecided;
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
AMBUJACEM 203 200 205 207 290
JKTYRE 101.50 98.50 103 105 590

Also watch CENTURYTEX>570 and CAIRN>137 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

18Nov(11:00) Mkt -ve & flat; No Suggest gave profit;
See AMBUJACEM>201.50 CENTURYTEX>568 ITC>350
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AMBUJACEM See after 201.50 Recovering after a fall; Watch this..
CENTURYTEX See after 568 Showing positive signs; Watch this..
JKTYRE Flat & Uncertain; But watch after 101
CAIRN Showing positive signs; Watch after 137
ITC See after 350 Recovering after a fall; Watch this..
TATASTEEL Going down; Avoid, for now

Our Suggests do not look good today; Although we have given fresh levels in
the box above, we urge you to be very careful of false starts today; The general
market has been choppy from the beginning and no definite direction is visible
now; Let the given trigger be crossed confidently before you take position;
Do not take any undue risks that can take you to losses;
Stay Away, if you cannot decide what to do.

As mentioned above, the Nifty has been choppy and undecided from the opening at
around 7820; It had once gone into the green immediately after opening to around
7845, but has come down and has been choppy in the 7815-7830 region; At 7820
now, in the red; No particular bias is seen at this time; However, a downside
movement might develop in the absence of immediate triggers; Do not take
any unnecessary risks; Any wrong move on your part can take you to
losses; Stay Away, if in doubt.

 


 

SMS-3

18Nov(12:30) Mkt in red; Going down; No Suggest gave profit;
AMBUJACEM Marginal; None looks good for LONG;
Best to Stay Away now; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action -- for LONG Comments
AMBUJACEM Marginal at 201.50 But there is still chances here..
CENTURYTEX Going down; Avoid, for now
JKTYRE Going down; Avoid, for now
CAIRN Flat & Uncertain; Avoid, for now
ITC Choppy & Uncertain; Avoid, for now
TATASTEEL Going down; Avoid, for now

We said it last time: Our Suggests do not look good today; AMBUJACEM is the
only one that has even 1% chance; But you have to be very careful with this;
Get out if there is no upside movement in the next 15-20 minutes; The general
market has started to go down now, but it will bounce back; All our Suggests
might start to perform once that happens; Do not take any unnecessary risks
that can push you to losses; Be prepared to go profit-less today;
Stay Away now unless you get a very good chance.

After choppy trading in the 7815-7835 band from just after opening today, the
Nifty has started to fall in the last 15-20 minutes or so; From about 7835, the Nifty
is at 7810 now, in the red; Downside momentum is strong and quick; Some more
downside is possible; There is Support at 7800-7790-7770 area that will come
into play now; And should hold; Do not take any undue risks now; Go profit
less if you have to; There should not be any losses today.

 


 

SMS-4

18Nov(2:30) Mkt in red; Strong -ve bias; AMBUJACEM gave
Marginal profits; No Suggest looks good for LONG now in
last hour; Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action -- for LONG Comments
AMBUJACEM Out at 202.75 Going down now; Avoid
CENTURYTEX Going down; Avoid
JKTYRE Going down; Avoid
CAIRN Going down; Avoid
ITC Choppy & Uncertain; Avoid
TATASTEEL Going down; Avoid

There is no way in which anyone can do intraday trading in LONG in a market
like this; If you have made any profits with AMBUJACEM, congrats; Take home
your gains; If there has been no gains, go home profit-less; That is at least
better than getting into a loss; We still believe that this market will bounce
back; But there is no point waiting, no point trying; Do not take any undue
risks in the last hour; Best to Stay Away now.

The fall that had started from about 7835 has touched a low of 7725 a few
minutes ago; That is more than 110 points down from yesterday's closing; The
trigger for this fall has been developments in the follow up of Friday's shootings
in Paris; Support at 7770 was broken rather easily; However, the next Support
at 7730 is now being tested and it is holding steady; The Nifty is at 7740 now,
deep in the red; At some stage we expect this market to bounce back, and
maybe it will happen from here; But it will be very risky if you take any action
on that presumption; We only hope 7750 is held at closing today; Do not
take any undue risks in the last hour; Stay Away; Today we will close red.

 


 

Please also see our Today's Performance or Details page