IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 11-Dec-2015


 

SUGGESTS:

 

FORTIS

 

LICHSGFIN

 

ONGC

 

ALSO SEE:

FRL

HAVELLS

TVSMOTOR

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 Friday, 11-Dec-2015

SMS Pre-Market

Suggests: FORTIS LICHSGFIN ONGC;
Also See: FRL HAVELLS TVSMOTOR;
Valid for date: 11-Dec-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7700, 7730, 7770, 7820, 7870;
NIFTY Support levels are: 7650, 7600, 7540, 7500, 7480;

 


 

SMS-1

11Dec(10:00) Gap-up openng; Choppy in red;
See FORTIS>177 TVSMOTOR>281;
Watch LICHSGFIN>466 FRL>159;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

We had a small gap-up opening for the Nifty50 today tracking firm Asian cues
and overnight gains on Wall Street; The opening was marginally below 7700;
US markets were up last night after a couple of day's loss; Asian markets are
mixed today morning, awaiting Chinese retail sales and industrial production
data over the weekend; In our market, the Nifty saw some downside to touch
a low of 7660 immediately after the opening today; The index is at 7670 now,
in the red, fluctuating between 7660 and 7680; October's IIP figures are to
be announced after market hours today, which is expected to be at its strongest
pace in more than three years and much faster than the rate seen in September;
But the overall mood is still very negative; Hopes of the GST bill being passed in
the current session of Parliament has diminished, and yesterday's short covering
may not continue today; As we said earlier, our markets will remain under selling
pressure unless and until the Nifty goes past 7700-7720 levels on closing basis;
7610-7600 is strong Support area today; We largely expect range bound trading
above the 7650 mark unless we get some trigger to take the market up or down;
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 177 172 180 182 330
TVSMOTOR 281 276 284 288 210

Also watch LICHSGFIN>466 and FRL>159 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

11Dec(11:00) Mkt -ve & Choppy; FORTIS gave profit;
See FORTIS>180 FRL>159 TVSMOTOR>281
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
FORTIS In at 177, Out at 179.50
See again after 180
Has started to go down now;
But can still give more chances later
LICHSGFIN Choppy & Uncertain; But watch after 466
ONGC Going down; Avoid, for now
FRL See after 159 Flat & Quiet; But keep watching..
HAVELLS Flat & Uncertain; Avoid, for now
TVSMOTOR See after 281 Flat & Quiet; But has chances of going up

Some profits have already come and we are hopeful about a few others; Today, the
beginning has not been bad; But the general market is choppy and undecided; We do
not see anything great happening with our Suggests today; Look at all angles before
you decide to take entry; Once you take entry, take small profit and exit; Buy again,
if prices keep going up; Do not take any unnecessary risks that can take you
to losses; Stay Away, if you cannot decide what to do.

The Nifty has remained range-bound in the 7660-7685 band since our last Update;
The index is at 7670 now, slightly in the red; No particular bias is seen at this time;
Some local Support can be found at 7650-7630; This is the level to watch now;
On the upside, there is Resistance at 7690-7710; This will be the broad range for
trading today, we feel, unless we get some trigger; Do not take any unnecessary
risks; Any wrong move on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

11Dec(12:30) Mkt in red; Going down; No Suggest gave profit;
See FORTIS>177 ONGC>218 now if mkt turns up;
Await Europe openng; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
FORTIS See after 177 Flat & Quiet; Can still give more chances
LICHSGFIN Choppy & Risky; Avoid, for now
ONGC See after 218 Flat & Quiet; But keep watching..
FRL Flat & Uncertain; Avoid, for now
HAVELLS Uncertain; But can give chance after 310
TVSMOTOR Choppy & Risky; Avoid, for now

As was expected, there has been no action from our Suggests after our last
Update; We do not see anything great happening with our Suggests today, not
unless the general market starts to improve; Chances of that is low; Do not
take any unnecessary risks that can take away your profits, if any, and
push you to losses; Stay Away, if you cannot decide what to do.

The Nifty has started to fall slowly, but steadily, after our last Update; At 7630
now, in the red, coming down from 7670-level; Asia is in red, Europe is expected to
open lower on falling oil prices, and the Nat Herald case has again stalled the Rajya
Sabha; The local Support found at 7650-7630 is about to be breached now; Important
strong Support area of 7610-7600 is now to be watched; Below this, we might fall
down to 7540-level very quickly; Upside is not possible now, without any trigger;
Consider all angles before you take a decision; Do not take any undue risks;
There should not be any losses today.

 


 

SMS-4

11Dec(2:30) Mkt in red; -ve bias; No Suggest gave profit;
None looks good for LONG at this time; Best to
Stay Away now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
FORTIS Flat & Quiet; Can still give chance after 177
LICHSGFIN Going down; Risky; Avoid
ONGC Flat & Quiet; There can be chances here
FRL Going down; Risky; Avoid
HAVELLS Uncertain; Avoid
TVSMOTOR Choppy & Risky; Avoid

We have more or less withdrawn from the market today and unless the Nifty
starts to recover, we have little chance of adding to our gains today; Do not
take any risks now, unless you get a very good chance; Do not over-stretch
your luck; Do not take any unnecessary risks in the last hour that can take
you to losses; Protect your profits; It may be better to Stay Away now.

The downward slide of the Nifty has been stopped at 7580, where the index
is consolidating at this time; It is at 7580 now, in the red, fluctuating between
7580 and 7600; Technically, Support at 7600 is still holding; Support at 7540
has not been tested as yet; We do not expect the Nifty to fall till that in the
last hour today; 7600-7580 should hold till closing today; Do not take any
undue risks now; Protect your profits; Today, we will close red.

 


 

Please also see our Today's Performance or Details page