IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 24-Nov-2015


 

SUGGESTS:

 

ASHOKLEY

 

CROMPGREAV

 

GAIL

 

ALSO SEE:

GRANULES

IDEA

ZEEL

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, 24-Nov-2015

SMS Pre-Market

Suggests: ASHOKLEY CROMPGREAV GAIL;
Also See: GRANULES IDEA ZEEL;
Valid for date: 24-Nov-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7880, 7930, 7980, 8020, 8070;
NIFTY Support levels are: 7820, 7770, 7730, 7650, 7630;

 


 

SMS-1

24Nov(10:00) Gap-down openng; Going up;
See GRANULES>161.50 IDEA>140;
Watch GAIL>363 ZEEL>409.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

The Nifty50 had a weak opening at around 7840 following weak global cues,
and came under selling pressure immediately after opening; It managed to hold
the important level of 7800 as it bounced back from about 7810; Investors
have turned cautious ahead of the derivatives expiry for November and the
commencement of winter session of the Parliament; For the Nifty today, 7900
is still the First target; On the downside, there is Support at 7820-7810;
The Nifty is trading at 7850 now, trying to recover more; We expect this mode
to continue till the next Resistance at 7880; 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
GRANULES 161.50 158 163 166 370
IDEA 140 137 141 144 420

Also watch GAIL>363 and ZEEL>409.50 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

24Nov(11:00) Mkt choppy around line; No Suggest gave profit;
None looks good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY Taken a fall; Avoid, for now
CROMPGREAV Choppy, but going up; Watch after 193..
GAIL Going down; Avoid, for now
GRANULES Touched Trigger at 161.50; No entry was
possible; But we are still hopeful with this
IDEA Going down; Avoid, for now
ZEEL Flat & Quiet; But watch after 408

Like yesterday, we have had a dismal starting by our Suggests today; Again like
yesterday, we have hope for a few to take off, but be very careful; The general market
is very uncertain; Wait for trigger to be crossed confidently before you take position;
We have already had a false start; Do not take any undue risks that can take you
to losses; Stay Away, if you cannot decide what to do.

The Nifty has become very choppy and is fluctuating wildly in the 7840-7870 range;
Dipping in and out of the red-green zone; The Nifty is at 7855 now, marginally in
the green; At least the 7850-mark is being held; We expect range-bound trading
to continue and a slight positive bias might return later; First target is still the
psychologically important level of 7900; Do not take any unnecessary risks;
Any wrong move on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

24Nov(12:30) Mkt Flat on the line; No Suggest gave profit;
Hold CROMPGREAV>193 if in; No other looks good for
LONG now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action -- for LONG Comments
ASHOKLEY Flat after a fall; Can turn up now
CROMPGREAV In at 193
Hold>193, SL-190
Going up slowly; Keep Watching..
GAIL Flat & Quiet; Avoid, for now
GRANULES Choppy & Risky; Avoid, for now
IDEA This is also risky; Avoid, for now
ZEEL Flat & Quiet; But can turn up now

Except for CROMPGREAV we have not placed our faith in any other Suggest, although
there is slight scope in 2 others; However, the general market has to improve for
our Suggest to give results; Right now it is very flat around the line; As we said
before, wait for a confirmed upside before you take position; We have already
had a false start today; Do not take any undue risks that can take you
to losses; Stay Away, if you cannot decide what to do.

The Nifty has been in the tight 7840-7860 band since our last Update; Going in
and out of the red-green zone; The Nifty is at 7850 now, marginally in the green;
Finding it very difficult to hold on to the 7850-mark; We need a trigger at this time,
positive or negative, to break out of this tight zone; There are no domestic
cues, so we will have to look outside; Do not take any undue risks now;
Go profit-less, if you have to; There should not be any losses today.

 


 

SMS-4

24Nov(2:30) Mkt choppy & flat; CROMPGREAV gave profit;
Hold CROMPGREAV>198 if still in; No other looks good
for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action -- for LONG Comments
ASHOKLEY This has disappointed today; Avoid
CROMPGREAV Out at 198
Hold>198, SL-195
Still going up; Keep Watching..
GAIL Choppy & Risky; Avoid
GRANULES Going down; Risky on return; Avoid
IDEA There was some upside, but we said 'Avoid';
You can get another chance here after 142.50
ZEEL Going down; Risky on return; Avoid

Some profits have come from CROMPGREAV, and our faith in our Suggests have been
vindicated; The general market is going nowhere; If you have made any profits with
CROMPGREAV, it will be best to quit trading now and take home your gains; No point
holding on to CROMPGREAV; Even if nothing has come your way, it will be better
to go profit-less rather than get into a loss; Do not make any mistake that
can take away your profits; It is best to Stay Away now.

The Nifty has started to fall rapidly in the last few minutes; From a high of about
7870, in the green, it has now come down to 7840 in the red; We fear some more
downside might come as Europe has opened all in the red; There are no domestic
cues; There is good Support at 7820-7810 which might halt this slide; The crucial
Nifty-7850 level has been lost now, but we feel there will be an effort to regain
this before closing today; Do not take any undue risks in the last hour;
Protect your profits, if any; Today we will close flat/red.

 


 

Please also see our Today's Performance or Details page