IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 23-Dec-2015


 

SUGGESTS:

 

ARVIND

 

AXISBANK

 

CAIRN

 

ALSO SEE:

ONGC

RCOM

TITAN

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, 23-Dec-2015

SMS Pre-Market

Suggests: ARVIND AXISBANK CAIRN;
Also See: ONGC RCOM TITAN;
Valid for date: 23-Dec-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7810, 7850, 7900, 7940, 7980;
NIFTY Support levels are: 7770, 7730, 7660, 7620, 7570;

 


 

SMS-1

23Dec(10:00) Gap-up openng; Nifty Choppy;
See CAIRN>136 ONGC>234.50;
Watch ARVIND>337 RCOM>87.80;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A good gap-up opening for the Nifty50 today, around 7830, following positive
global cues after a strong closing last night from the US market; Crude oil
prices seems to have stabilised, for now; Meanwhile, the Rupee has appreciated
for the seventh consecutive session in early trade today, going up by another
10 paise to 66.23 against the US dollar; The winter session of parliament ends
today and the GST bill is now become uncertain; For the Nifty today, a good
opening has given the index a head-start and 7850 is the first Resistance to
cross; This has proved difficult in the last 4 sessions, and will not be easy
even today without any trigger; The Nifty is at 7840 now, fluctuating in the
7840-7860 range; We expect the Nifty to proceed towards 7900 later today;
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 again with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CAIRN 136 133 138 140 440
ONGC 234.50 230 238 242 250

Also watch ARVIND>337 and RCOM>87.80 if upsurge comes again
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

23Dec(11:00) Mkt has slight +ve bias; No Suggest gave
profit; See CAIRN>136 ONGC>234.50 now if mkt
turns up again; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ARVIND Going down; Avoid, for now
AXISBANK This might go up; Watch after 452
CAIRN See after 136 Flat now; But can give profits later
ONGC See after 234.50 Choppy & Uncertain; But keep watching
RCOM Can give chances; Watch this after 87.80
TITAN Took a fall; Recovering; Watch after 362

The first hour has proved to be non-productive today for our Suggests; We expect
some action in the time period before our next Update; The Nifty is also showing
a slight upward trend; But take all proper precautions; Be aware of false starts;
Consider all aspects before you decide to enter; Once in, take small, small profits
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 is at 7860 now, showing slight positive bias; The Resistance at
7850 has just been crossed, and the Nifty is steady at 7860-level, going
very flat; We expect range-bound trading above the 7850-level to continue
till we get some trigger; Resistance at 7900 will be tested later today, we
feel; Do not take unnecessary risks; Any wrong move on your part can
take you to losses; Stay Away, if in doubt.

 


 

SMS-3

23Dec(12:30) Mkt in green; Going Flat; No Suggest gave profit;
See ONGC>234.50 TITAN>362 now if mkt turns up again;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Choppy & Uncertain; Avoid, for now
AXISBANK Just touched Trigger at 452; There was
no Entry; Uncertain now; Avoid, for now
CAIRN Flat & Low Volume; Avoid, for now
ONGC See after 234.50 Has started to go up; Keep watching..
RCOM Declining & Low Volume; Avoid, for now
TITAN See after 362 Recovering; Can go up; Keep watching..

The second hour has also been non-productive for our Suggests; The Nifty
has given up its positive bias and has started to go down slowly; Prospects for
our Suggests do not look very good at this time; Be very careful going forward;
Be careful of false starts; Keep constant vigil; Consider all aspects before you
enter; Once in, take small, small profits 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 is at 7850 now, in the green, but making good effort to hold on to
the 7850-level; The slight positive bias we have seen earlier is now gone; The
market has become flat and quiet in the 7850-7865 range; But we expect the
positive trend to return and the Nifty should make an attempt at 7900 today;
Consider all angles before you take a decision; Do not take any undue risks;
There should not be any losses today.

 


 

SMS-4

23Dec(2:30) Mkt in green; +ve bias; ONGC gave small profit;
CAIRN>136 ONGC>236 look good for LONG if upsurge
comes again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Choppy & Uncertain; Avoid
AXISBANK Uncertain & Risky; Avoid
CAIRN See after 136 Might go up now; But be careful..
ONGC In at 234.50, Out at 236
See again after 236
Can go up again; But be careful..
RCOM Going down; Low Volume; Avoid
TITAN Took a fall; Recovering; Watch this..

Small profits have come from ONGC and some more might come from 2 others now
in the last hour, but you have to be very careful going forward; That is because the
Nifty has suddenly become choppy and uncertain on news flows; Keep constant
vigil; Consider all aspects before you take any decision; Do not take any
unnecessary risks that can take you to losses and ruin everything;
Quit and Stay Away, if you cannot decide what to do.

The Nifty is at 7860 now, in the green, having come up from 7850 level after
the last Update and touching a high of 7870; It had then gone down to 7855;
Recovering now; The positive bias is still there, and we still feel an attempt
at 7900 will be made before closing today; In any case, 7850 will definitely
be held at the close today; Do not take any undue risks now; Protect you
profits if you have made any, or go profit-less, if you have to;
Today, we will close green.

 


 

Please also see our Today's Performance or Details page