IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 01-Dec-2015


 

SUGGESTS:

 

ARVIND

 

DISHTV

 

UNIONBANK

 

ALSO SEE:

FRL

GRANULES

PETRONET

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, 01-Dec-2015

SMS Pre-Market

Suggests: ARVIND DISHTV UNIONBANK;
Also See: FRL GRANULES PETRONET;
Valid for date: 01-Dec-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7960, 8030, 8070, 8100, 8140;
NIFTY Support levels are: 7900, 7840, 7810, 7770, 7730;

 


 

SMS-1

01Dec(10:00) Gap-up openng; Flat;
See GRANULES>164 PETRONET>237.50;
Watch DISHTV>109 UNIONBANK>173.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A gap-up opening for the Nifty50 today at around 7960, supported by good data
published after market hours yesterday, and also due to good global cues; After
opening, the Nifty has become choppy with slight negative bias; At 7960 now, in
green; Results of the RBI's 5th bi-monthly monetary policy meeting decisions on
rate cuts, to be released later today, will dictate trend for the day; As said before,
Nifty50 needs to hold above 7920-mark, with follow up buying interest, to continue
the bounce back move towards 8000 and 8050 levels; However if it fails to hold
7900 levels then the index may again get trapped in the grip of bears and drift
towards 7850 and 7800 levels; It will be best to wait for the RBI results to be
out before venturing out today; First Support is at 7930 with more good Support
at 7900-7880; Keep constant vigil; Look at all angles carefully before you decide on
what to do; See these if the market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
GRANULES 164 160 166 169 360
PETRONET 237.50 233 240 244 250

Also watch DISHTV>109 and UNIONBANK>173.50 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

01Dec(11:00) Mkt +ve & flat; PETRONET gave profit;
See GRANULES>164 PETRONET>241 now if mkt turns up;
Await RBI policy; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ARVIND Going down slightly; Avoid, for now
DISHTV This can go up; Watch this after 109
UNIONBANK Choppy; But watch after 173.50
FRL Uncertain; Avoid, for now
GRANULES See after 164 Choppy, but can give chances today
PETRONET In at 237.50, Out at 240.70
See again after 241
Has gone down; Can give another upside


Breaking News

RBI has kept rates unchanged


 

Small profits have come from one of our Suggests and we are hopeful that some
others will move now that the expected RBI decision has come in; But you should
give a little time for the market to settle down and digest the news; Wait for the
given trigger to be crossed confidently, before you take an entry; Be very vigilant
and careful after that; Look at all possible angles before you take a decision;
Do not take any unnecessary risks that can take you to losses;
Stay Away, if you cannot decide what to do.

The Nifty has given a up-and-down jerk between 7945 and 7970 in response to
the RBI news, but beside that there has been no major change in the Nifty till now;
The index is at 7965 now, in the green; We expect range-bound trading to continue
for some more time and 7950-level to be held; Slight positive trend can come in
after the RBI news is analysed and understood, and global cues remain supportive;
Target is to reach the Resistance at 7980; Do not take any unnecessary risks;
Any wrong move on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

01Dec(12:30) Mkt green & choppy; PETRONET gave small
profit; No entry with UNIONBANK; No other looks good
for LONG now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action -- for LONG Comments
ARVIND Still going down; Avoid, for now
DISHTV Choppy & Risky; Avoid, for now
UNIONBANK Just touched trigger at 173.50; No entry was
actually possible; Becoming Risky; Avoid now
FRL Going down; But watch after 168
GRANULES No action after last Update, but
we are still hopeful after 164
PETRONET Out at 241.25 This has started to fall; Avoid, for now

Not much has happened with our Suggests, as was expected after the known RBI
announcement; The Nifty has returned to range-bound trading; Wait till a definite
direction is seen; Otherwise, it will be best to Stay Away from this market now;
Be very vigilant and careful; Look at all possible angles before you take a
decision; Do not take any unnecessary risks that can take you to losses;
Stay Away, if you cannot decide what to do.

The Nifty was subjected to wild swings after the RBI news came in; From 7970
the index went down to the line at 7935, and then back again to 7970 in quick
time; The Nifty is at 7965 now, in the green, and seems to have settled down
in the 7955-7970 band; 7950-level is being held; We still expect a positive
trend to come in, if global cues remain supportive; Resistance at 7980 is
the target to cross; Downside can come if Europe disappoints; Do not
take any undue risks now; There should not be any losses today.

 


 

SMS-4

01Dec(2:30) Mkt in green; Choppy; No Suggest gave
profit; None look good for LONG now in last hour;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action -- for LONG Comments
ARVIND Turning around; Can give chances after 316
DISHTV Choppy & Risky; Avoid
UNIONBANK Uncertain & Risky; Avoid
FRL Still going down; But watch after 164
GRANULES Uncertain & Risky; Avoid
PETRONET Stuck at 239; Can flare up

Although we have shown some hope in 3 of our Suggests in the box above, we are
not at all confident with any one; We come back to the same saying: if you have
made any profits today with PETRONET, it will be best to Stay Away now; Even if
you have not, it is better to quit and not get into a loss; No point stretching
our luck; Go profit-less if you have to; Do not take any undue risks that
can push you to losses; It is best to Stay Away now.

The Nifty continues to be choppy and uncertain around the 7950-mark; The range
has been 7940 to 7960; The Nifty is at 7950 now, in the green, struggling to
hold on to this level; Global cues are OK but it now looks like there will not
be any rate changes by RBI till April, 2016; This is creating uncertainty in our
markets; The positive trend we thought would come in at the last hour, looks
remote now; Passage till Resistance at 7980 is difficult; Like yesterday, we
will be happy if 7950 is held at the closing today; Do not take any undue
risks in the last hour; Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page