IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 29-Dec-2015


 

SUGGESTS:

 

JETAIRWAYS

 

NTPC

 

TATAMOTORS

 

ALSO SEE:

ADANIPORTS

INDIACEM

ONGC

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, 29-Dec-2015

SMS Pre-Market

Suggests: JETAIRWAYS NTPC TATAMOTORS;
Also See: ADANIPORTS INDIACEM ONGC;
Valid for: 29-Dec-2015; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7940, 7980, 8030, 8080, 8150;
NIFTY Support levels are: 7890, 7840, 7800, 7770, 7730;

 


 

SMS-1

29Dec(10:00) Flat openng; Going Choppy;
See TATAMOTORS>397 ADANIPORTS>268;
Watch JETAIRWAYS>647 NTPC>149;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty50 today, around 7925, following mixed cues from
other Asian markets; And like yesterday, the Nifty has developed a positive
bias immediately after the opening today and has gone up to touch the 7940
Resistance; World markets are worried once again as the renewed downfall
in crude oil prices has put pressure back with new worries about oversupply;
In our market, technical analysts are upbeat after yesterday's smart uprise;
But markets are expected to remain volatile ahead of the expiry of Dec F&O
contracts on Thursday; The Nifty is at 7930 now, in the green, fluctuating
in the 7920-7940 zone; While the Nifty is comfortably holding the 7900
mark, it is finding it difficult to get over the Resistance at 7940; We expect
the Nifty to hold this level today and move further above 7940-7950 later;
There is Support at 7890; As always, 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 with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAMOTORS 397 393 400 403 150
ADANIPORTS 268 263 271 275 220

Also watch JETAIRWAYS>647 and NTPC>149 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

29Dec(11:00) Mkt +ve & flat; JETAIRWAYS gave profit;
Hold JETAIRWAYS>653 if in; See ONGC>240 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
JETAIRWAYS In at 647, Out at 653
Hold>653, SL-645
Has flatten out; Better to exit now
and come back again after 653
NTPC Going down; Avoid, for now
TATAMOTORS Can start to go up now; Watch after 396
ADANIPORTS Flat & Uncertain; But can go up
INDIACEM Scrappy & Low volume; Avoid, for now
ONGC See after 240 Took a fall; Recovering; But be careful..

Profits have come from one Suggest in the first hour, and two other Suggests
look good at this time; The general market is flat and undecided; Volumes are
also low; You have to be very careful of false starts at this time; Consider
all angles 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 has remained range-bound since opening today and it will require
some external trigger to get things moving today; At 7940 now, in the green,
fluctuating in the very narrow 7930-7940 range; We expect the Nifty to remain
range-bound for now, but progress beyond the Resistance of 7940-7950 is seen
later in the day; Do not take any unnecessary risks; Any wrong move
on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

29Dec(12:30) Mkt in red; Going down; No Suggest gave profit;
NTPC stuck at 146; See JETAIRWAYS>652 now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
JETAIRWAYS See after 652 Took a fall after last Update; Recovering now
NTPC Stuck at 146 Not following market trend; Can go up or down
TATAMOTORS Going down; Avoid, for now
ADANIPORTS Going down; Avoid, for now
INDIACEM Scrappy & Low volume; Avoid, for now
ONGC Choppy & Uncertain; Avoid, for now

There has been no improvement after the last Update; The market has started to
fall now, and we do not see any improvement with our Suggests until the slide
is reversed; You have to wait till that happens; Needless to say, you have to be
very careful of false starts; Be patient; Keep constant vigil; Consider all angles
before you enter now; 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 to fall after our last Update; From around 7940, the slide
has started from around 11:30am; The Nifty is at 7910 now, in the red, with the
7900-level now in danger; There is Support at 7890; That is where the slide will
be paused, we feel; Even a reversal is possible from that level; But chances of
more downside is stronger as the momentum is strong; The difficult job for the
Nifty will now be to hold 7900-level; Consider all angles before you take a
decision to enter at this stage; Do not take any undue risks;
There should not be any losses today.

 


 

SMS-4

29Dec(2:30) Mkt back in green; Slight +ve bias; ONGC gave
small profit; None look good for LONG now in last hour;
See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
JETAIRWAYS Choppy & Uncertain; But watch after 652
NTPC Very flat & risky now; Avoid
TATAMOTORS Choppy & Uncertain; But watch after 396
ADANIPORTS Scrappy & Low Volume; Avoid
INDIACEM Scrappy & Low volume; Avoid
ONGC In at 240, Out at 241.50 Off-Chance Entry came via PricePoints;
No further chances seen; Avoid

A sudden profit has come from ONGC but most of our members were not able to catch
it as very few were following it after our last Update; No other Suggest could show
any upside, although the Nifty has staged a good recovery; We do not see anything
great happening in the last hour, although there is some outside chance in two of
our Suggests; It will be best to Stay Away now, and not take any risky chances now;
Protect your profits, if you have made anything from JETAIRWAYS earlier; Or, go
profit-less if you have to; It is far better than getting into a loss and ruin
everything; Better to Stay Away now.

The Nifty has recovered almost as fast as it had gone down; From the Resistance
level of 7940 it had gone down to touch a low of 7900 after our last Update;
From this Support it had bounced back to get back again upto the Resistance
at 7940; The Nifty is at 7935 now, not able to cross over the stiff Resistance
at 7940; Fluctuating now in the narrow 7930-7940 range; As we have said
many times in the past, some external trigger is required to cross over this
Resistance; May not happen today; But we should be able to hold 7900
at closing today; Do not take any undue risks now in the last hour;
Today, we will close flat/green.

 


 

Please also see our Today's Performance or Details page