IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 08-Dec-2015


 

SUGGESTS:

 

FORTIS

 

VOLTAS

 

WIPRO

 

ALSO SEE:

ARVIND

DISHTV

JKTYRE

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, 08-Dec-2015

SMS Pre-Market

Suggests: FORTIS VOLTAS WIPRO;
Also See: ARVIND DISHTV JKTYRE;
Valid for date: 08-Dec-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7780, 7820, 7950, 7980, 8030;
NIFTY Support levels are: 7740, 7710, 7650, 7630, 7600;

 


 

SMS-1

08Dec(10:00) Gap-down openng; Going Up;
See FORTIS>178 ARVIND>321;
Watch VOLTAS>298.50 JKTYRE>109.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A gap-down opening for the Nifty50 today below 7750 following bad global cues;
Asian markets have dropped to near three year lows today morning after crude oil
prices nose-dived to a seven year low, after the OPEC policy meeting on Friday did
not agree to lower production which is now at near record levels in an already over
supplied market; For the Nifty, today's opening at around 7735 has created lower
lows which is a very negative trend; If it fails to sustain above 7750 zones then
selling pressure might drag the index towards 7700 and lower levels; Plus, we
have several events like FOMC meet, Parliament winter session, CPI, IIP and WPI
data lined up; Any positive trigger from these is capable of creating a bounce back
move towards 7880 and 7920; The Nifty is at 7760 now, in the red, trading in the
7750-7770 range; The Support to watch now is 7740; Keep constant vigil; Look
at all angles carefully before you decide to enter; Take small profit and exit;
See these if the market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
FORTIS 178 174 180 183 330
ARVIND 321 318 323 326 180

Also watch VOLTAS>298.50 and JKTYRE>109.50 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

08Dec(11:00) Mkt -ve & choppy; FORTIS gave small profit;
See FORTIS>179.50 JKTYRE>109.30 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
FORTIS In at 178, Out at 179.50
See again after 179.50
There is chance for more here today
VOLTAS Flat & Uncertain; But watch after 297
WIPRO Took a fall; Choppy; Watch after 576
ARVIND This is also uncertain; Watch after 321
DISHTV Choppy & risky; Avoid, for now
JKTYRE See after 109.30 Has chances of going up; Watch this..

The day has started on a firm note with some of our Suggests in position to give
profits before our 10am Update went out; As is our policy, we will not report these
profits today; After that, there has been returns from one and another looks good
at this time; The general market is, however, reeling under global pressure; Be
patient today; But be very careful about false starts; Look at all angles before you
decide to take entry; Gains might not come easily; Do not take any unnecessary
risks that can take you to losses; Stay Away, if you cannot decide what to do.

The Nifty has started on a bad note today morning on global pressure; It had tried to
get out with a short jump upwards which took it into the green at 7770, but the index
has come down again from there; At 7750 now, in the red, fluctuating in the 7740-
7760 range; Good thing is, 7750-level is still being held by the Nifty; And, this
will hold for some time, we feel; Do not take any unnecessary risks; Any
wrong move on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

08Dec(12:30) Mkt in red; Going Flat; No Suggest gave profit;
See VOLTAS>295 WIPRO>574 JKTYRE>109.30 now if
mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
FORTIS Stuck at 174.50; Might flare up suddenly..
VOLTAS See after 295 Showing signs of going up; Watch this..
WIPRO See after 574 Steady at 571 now; Watch this..
ARVIND Going down; Avoid, for now
DISHTV Choppy & risky; Avoid, for now
JKTYRE See after 109.30 Has chances of going up; Watch this..

There has not been any action in our Suggests after the last Update; We have hope
now in some of them, but you need to be very careful of false starts; Look at all
angles before you decide to take entry; Do not take any unnecessary risks that
can take you to losses; Stay Away, if you cannot decide what to do.

The Nifty is at 7740 now, in the red, fluctuating in the 7735-7750 range; Technically,
we have just left the 7750-level; But the Support at 7740 is still being held by the
Nifty; A lot will now depend on how Europe opens and trades immediately after that;
To proceed upwards today, we will require some good positive trigger; Otherwise,
a slight negative bias might return; We do not see a huge big fall at this stage;
Consider all angles before you take a decision; Do not take any undue risks;
There should not be any losses today.

 


 

SMS-4

08Dec(2:30) Mkt in red; Flat; No Suggest gave profit;
VOLTAS>294 ARVIND>317 look good for LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
FORTIS Has become Choppy & Risky; Avoid
VOLTAS See after 294 We keep revising the trigger downwards
because we still see scope in last hour
WIPRO This has also become Choppy & Risky; Avoid
ARVIND See after 317 This is showing last signs of going up..
DISHTV Choppy & risky; Avoid
JKTYRE Choppy & risky; Avoid

Not much scope is seen in the last hour from our Suggests; If you have been
able to get anything from FORTIS at the beginning, well & good; If not, be
prepared to go profit-less today; But do not take any unnecessary risks in
the last hour; Do not risk your profits, if any; Stay Away, if you
cannot decide what to do.

The Nifty is at 7740 now, in the red, still fluctuating in the 7730-7750 range;
Support at 7740-7710 is still being held by the Nifty; Global cues continue to
be down as all of Asia and Europe are trading in the red; As we said earlier, we do
not see a huge big fall at this stage; But to proceed upwards today, we will require
some good positive trigger; We feel the current range-bound trading will continue till
closing today; Do not take any undue risks now; It is best to Stay Away now;
Today, we will close red.

 


 

Please also see our Today's Performance or Details page