IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 30-Dec-2015


 

SUGGESTS:

 

ARVIND

 

LICHSGFIN

 

TVSMOTOR

 

ALSO SEE:

AMBUJACEM

ICICIBANK

RELCAPITAL

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, 30-Dec-2015

SMS Pre-Market

Suggests: ARVIND LICHSGFIN TVSMOTOR;
Also See: AMBUJACEM ICICIBANK RELCAPITAL;
Valid for: 30-Dec-2015; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7940, 7980, 8030, 8080, 8150;
NIFTY Support levels are: 7900, 7870, 7840, 7800, 7770;

 


 

SMS-1

30Dec(10:00) Flat openng; Choppy;
See LICHSGFIN>510 RELCAPITAL>438;
Watch ARVIND>352 TVSMOTOR>293;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat opening today for the Nifty50, around 7940, following mixed cues
from overseas markets; The US markets had closed last night over +1% in the
green, but Asia is trading cautious and mixed right now as volumes continues
to remain low due to the holiday season; Experts believe that our markets
are likely to remain rangebound today amid lack of institutional participation
while volatility cannot be ruled ahead of the expiry of Dec F&O contracts
tomorrow; The underlying trend remains bullish as long as 7830-7820 is
intact on a closing basis, and all dips should be bought into for a move up
to 8100 in January; For the Nifty today, the strong Resistance at 7940 is the
first target to cross; Above that we have Resistance in the 7970-8000 area;
On the downside, first Support is at 7900-7890 and below that at 7870-7860;
The Nifty is at 7930 now, on the line; We expect range-bound trading in the
most part today, but an attempt will be made at covering 7940 unless we get
another profit-booking bout like yesterday; 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
LICHSGFIN 510 506 514 517 110
RELCAPITAL 438 430 441 445 130

Also watch ARVIND>352 and TVSMOTOR>293 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

30Dec(11:00) Nifty flat around line; ARVIND gave
small profit; See ARVIND>354 LICHSGFIN>510 now
if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ARVIND In at 352, Out at 354
See again after 354
Has flatten out; But can go up again
LICHSGFIN See after 510 This level is being approached now..
TVSMOTOR Just touched Trigger level 293; There was no
Entry possible; Looks risky; Avoid, for now
AMBUJACEM Choppy & Uncertain; Avoid, for now
ICICIBANK Going down; Avoid, for now
RELCAPITAL Took a fall; Recovering; Watch after 435

Profits have come from one Suggest in the first hour, and two Suggests look
good for profits at this time; The general market is flat and undecided; Volumes
are low; You have to be very careful of false starts today; 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 around the line, in
the very narrow 7925-7935 area, fluctuating between the red-green zones;
At 7930 now, on the line; We expect the Nifty to remain range-bound for now,
but an attempt to cross the Resistance of 7940-7950 is expected later in the
day; Also be ready for another profit booking downside like yesterday; Some
external trigger is required to get over the Resistance at 7940; Do not take
any unnecessary risks; Any wrong move on your part can take you
to losses; Stay Away, if in doubt.

 


 

SMS-3

30Dec(12:30) Nifty Flat around line; No Suggest gave profit;
TVSMOTOR RELCAPITAL Marginal; See ARVIND>354 if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND See after 354 Has started to move up slowly; Be careful..
LICHSGFIN Going down; Avoid, for now
TVSMOTOR Marginal at 293 Now has chances of moving up; Be careful..
AMBUJACEM Scrappy & Low Volume; Avoid
ICICIBANK Going down; Avoid, for now
RELCAPITAL Marginal at 435 Scrappy & Low Volume; Best to avoid this now

There were no positive developments with our Suggests after the last Update;
At this time, two of them look good and can give positive results provided the
Nifty starts to move up; There are no signs of that happening; So, be careful
of false starts, as we already have two of them; 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 is looking very sorry today; Still in the very narrow 7925-7935
band, fluctuating between the red-green zones, with no signs of improvement;
We expect this kind of trading to continue unless we get some trigger, good or
bad, that can give direction; Maybe, Europe opening can be it; Also another
profit booking downside like yesterday can come in; 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

30Dec(2:30) Mkt very choppy in red; No Suggest gave profits;
TVSMOTOR RELCAPITAL Marginal; None look good for LONG
now in last hour; Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Out at 354.70 Still choppy & Uncertain; Avoid
LICHSGFIN Going down; Avoid
TVSMOTOR Marginal at 293 Choppy & Risky now; Avoid
AMBUJACEM Scrappy & Low Volume; Avoid
ICICIBANK Choppy & Risky now; Avoid
RELCAPITAL Marginal at 435 Still Scrappy & Low Volume; Avoid

There has been no improvement in our position after the last Update, except
for a minor increase with ARVIND; If you have got any profits with ARVIND
today, you are lucky; Quit now, and take home your profits; If you have not
been so lucky, even then, quit now and go home profit-less; Do not take any
unnecessary risks now in the last hour that can take you into a loss and
ruin everything; Go profit-less if you have to; Better to Stay Away now.

The Nifty is going very choppy since opening today, and has now developed a
slight negative bias; From 7935-level it had gone down to almost 7905 after
our last Update; Support at 7900 has once again acted strong and the Nifty
has bounced back from there and is at 7920 now, in the red; We do not rule
out more downside as Europe is all in red; And there is not enough time today
for the Nifty to recover like yesterday; However, we expect 7900-level to be
held at closing today; Do not take any undue risks now in the last hour;
Today, we will close red.

 


 

Please also see our Today's Performance or Details page