IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 02-Dec-2015


 

SUGGESTS:

 

COALINDIA

 

JINDALSTEL

 

JKTYRE

 

ALSO SEE:

CAIRN

CHENNPETRO

DLF

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, 02-Dec-2015

SMS Pre-Market

Suggests: COALINDIA JINDALSTEL JKTYRE;
Also See: CAIRN CHENNPETRO DLF;
Valid for: 02-Dec-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7980, 8030, 8070, 8100, 8140;
NIFTY Support levels are: 7920, 7880, 7840, 7810, 7770;

 


 

SMS-1

02Dec(10:00) Gap-up openng; Choppy;
See JINDALSTEL>96.70 CAIRN>139;
Watch JKTYRE>114 CHENNPETRO>205;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty50 today at around 7975, in spite of Asia
trading mostly in the red after weak US data; After opening, the Nifty has become
choppy with slight negative bias; At 7955 now, on the line; The choppiness of the
last few days continue; All eyes are now on the winter session of Parliament;
The Nifty is still holding 7950-level but that might come under threat; However,
as long as 7920 is held, the bias will remain positive and we have every chance
of going towards 8000-8050; However if it fails to hold 7900 levels then the index
may again get down towards 7850 and 7800 levels; First Support is still 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
JINDALSTEL 96.70 94.50 97.50 99 620
CAIRN 139 136 141 143 430

Also watch JKTYRE>114 and CHENNPETRO>205 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

02Dec(11:00) Nifty took a fall; Recovering; No Suggest
gave profit; None 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
COALINDIA Recovering; Watch after 134
JINDALSTEL This can go up; Watch this after 96
JKTYRE Flat & Steady; But watch after 113
CAIRN Uncertain; But watch after 138
CHENNPETRO Just touched trigger at 205; No entry was
possible; But can give chances today
DLF Went down; Can give upside after 117.50

The opening hour was not good for the Nifty and for our Suggests; The general
market is falling from the opening itself, and is still on the way down; It will be
better to wait for this market to level out and then turn around before taking
any intraday position in LONG today; Look at all angles very carefully before you
take entry; Be very vigilant and careful after that; Do not take any unnecessary
risks that can take you to losses; Stay Away, if you cannot decide what to do.

The Nifty has fallen steadily since opening today; From the opening of around 7975
it has fallen to touch a low of 7910; At 7925 now, in the red; Although the Nifty
seems to have levelled out and is now in the 7910-7930 range, we feel some more
downside will come before a recovery; Best will be to Wait & Watch now; Do not take
any unnecessary risks; Any wrong move on your part can take you to losses;
Stay Away, if in doubt.

 


 

SMS-3

02Dec(12:30) Mkt in red; Going Flat; No Suggest gave
profit; CHENNPETRO Marginal at 205; COALINDIA stuck
at 341; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action -- for LONG Comments
COALINDIA Stuck at 341 There is chance this might surge up..
JINDALSTEL Just touched trigger at 96; No entry was
possible; But can give chances today
JKTYRE This is also stuck at 112; Watch after 113
CAIRN Uncertain & Risky; Avoid, for now
CHENNPETRO In at 205, Out at 206
Marginal till now
There is chance of an upsurge here
DLF Uncertain & Risky; Avoid, for now

None of our Suggests could do anything much today; Very small profits have come
from CHENNPETRO; The way things are going, we might draw a blank today if the
Nifty does not recover; Be very careful from here about false starts; Be prepared
to go profit-less today; 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 did not fall any further after our last Update and has levelled out
at 7920-level; Support at this level has worked, and is still holding; This is
still a 'Wait & Watch' situation until the time the Nifty starts to go up; We
expect that to happen now, if global cues become supportive; More down
side can come if Europe disappoints; Do not take any undue risks now;
There should not be any losses today.

 


 

SMS-4

02Dec(2:30) Mkt in red; Choppy & Uncertain; No Suggest gave
profit; None looks good for LONG now in last hour;
Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action -- for LONG Comments
COALINDIA Still stuck at 341; Best to Avoid this now
JINDALSTEL No improvement after last Update;
Best to Avoid this now
JKTYRE Uncertain & Risky; Avoid
CAIRN Uncertain & Risky; Avoid
CHENNPETRO Took a fall after last Update;
Best to Avoid this now
DLF There is chance here after 117.50

Nothing has come from our Suggests today; Only gain has been the very small
profits from CHENNPETRO; But DLF is suddenly looking good now; We will ask you
to exercise extreme caution; The general market is very uncertain; Look at all
possible angles very carefully if you want to enter now; It may be better to
quit and not get into a loss in this last hour; Go profit-less if you have to;
It is best to Stay Away now.

No downside has come from the Nifty after our last Update and neither has there
been any big upside; The Nifty is in the 7910-7940 band, in the red; Europe has
opened good and is trading in the green; But this has not been able to influence
our market; Support at 7920-level is still holding; We expect this range-bound
trading to continue till the end today, and like in the last few days, we will be
happy if a small upside comes now to give us a closing around 7950 today;
Do not take any undue risks in the last hour; Today we will close red.

 


 

Please also see our Today's Performance or Details page