IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 04-Jan-2016


 

SUGGESTS:

 

ADANIENT

 

DLF

 

RELINFRA

 

ALSO SEE:

COALINDIA

HAVELLS

TATAMOTORS

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 Monday, 04-Jan-2016

SMS Pre-Market

Suggests: ADANIENT DLF RELINFRA;
Also See: COALINDIA HAVELLS TATAMOTORS;
Valid for: 04-Jan-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7980, 8030, 8080, 8150, 8190;
NIFTY Support levels are: 7920, 7870, 7840, 7800, 7770;

 


 

SMS-1

04Jan(10:00) Gap-down openng; Going Flat;
See ADANIENT>91.50 RELINFRA>606;
Watch DLF>123.50 COALINDIA>336;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 45-point gap-down opening for the Nifty50 today, at around 7920,
as Asian shares and currencies fell today morning after China factory activity
contracted and the yuan weakened to near a five-year low, while oil prices
jumped as much as +3 percent on rising tensions in the Middle East; The
crucial Nifty level of 7900 came under pressure immediately after opening
as the index went down to just above that level to bounce back up again;
Attempt at recovery has not been very successful as the Nifty has come down
again and is at 7920 now, in the red; The 7940-7950 region has been a strong
Resistance for the index in the past and we expect some consolidation before
this level; The first target for the day will be for the Nifty to regain 7950;
There is Support at 7900-7890; 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
ADANIENT 91.50 88.50 93 95 650
RELINFRA 606 694 612 918 90

Also watch DLF>123.50 and COALINDIA>336 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

04Jan(11:00) Mkt -ve & going down; No Suggest gave profit;
ADANIENT COALINDIA Marginal; See DLF>122.50 RELINFRA>600
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIENT Marginal at 91.50 Small profits could have come if out at 92;
Has started to go down; Avoid, for now
DLF See after 122.50 Low chances, but keep watching..
RELINFRA See after 600 This can give chances today; Keep watching..
COALINDIA Marginal at 336 This was another false start; Avoid, for now
HAVELLS Going down; Avoid, for now
TATAMOTORS Going down; Avoid, for now

We have had two false starts and none of our Suggests look good at this time,
not even RELINFRA; The Nifty is going down fast and steady; Be very careful
if you want to take entry now; Best to avoid this market until it levels out;
Do not take any unnecessary risks that can take you to losses; It is best
to Stay Away, unless you get a very good opportunity; Careful..

The Nifty has gone down steadily after our last Update; The fall has been very
rapid; From the day's high of about 7940 the Nifty has fallen sharply and is at
7870 now; Support at 7900 has been broken; Next Support at 7870 is now under
threat; This will also not hold, we feel, and some more downside will now come as
the negative momentum is quite strong; There is Support again at the 7850-7840
area, but even that might not hold; Do not take any unnecessary risks; Any
wrong move on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

04Jan(12:30) Mkt in red; Trying to Recover; No Suggest
gave profit; See COALINDIA>333 TATAMOTORS>385 now
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIENT Flattened out; May turn up; Keep a watch
DLF Low chances; Avoid, for now
RELINFRA Choppy & Uncertain; Avoid, for now
COALINDIA See after 333 Has started to turn up; Careful..
HAVELLS Going down; Avoid, for now
TATAMOTORS See after 385 Choppy, but might turn up; Careful..

The situation has not changed very much for our Suggests in the time since the
last Update, except that the Nifty seems to have levelled out; We have to now
wait and see whether the recovery starts, or whether the Nifty goes down even
further; Our Suggests will get breathing space if there is a recovery; But if the
fall resumes in the Nifty, it will be better to Stay Away from this market; Unless,
of course, you get the off-chance very good opportunity; Do not take any
unnecessary risks that can take you to losses; Careful.. We do not
want any more false starts today..

The Nifty has gone down after our last Update to touch a low of 7810 almost, driven
down by steeply falling markets all over the world as all trading in chinese exchanges
were suspended as China fell by almost -7% in trade today; For the Nifty, the Support
at 7840 has been broken; Technically, however, it is still holding as the Nifty has been
fluctuating in the 7810-7840 level for the last 1-hour; The strong negative momentum
has been ended; There is scope for a recovery at this time; Much of that will depend
on cues from Europe after it opens today after the holidays; We expect range bound
trading to come in now in the 7800-7840 range, but a slight negative trend might
come back if Europe disappoints; Consider all angles before you take any decision
now; Do not take any undue risks; There should not be any losses today.

 


 

SMS-4

04Jan(2:30) Mkt in red; Flat & Quiet; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIENT Took another fall; Can turn up now;
Watch after 86.50
DLF Choppy & Uncertain; Best to Avoid
RELINFRA Can turn up now; Watch after 587
COALINDIA Choppy & Uncertain; Best to Avoid
HAVELLS Choppy & Uncertain; Best to Avoid
TATAMOTORS Choppy, but might turn up; Watch after 381

The situation remains bad in the market today; Our Suggests have not been
able to give any profits today, till now; While there is still some time left, we
do not think we will be able to do anything good unless the Nifty starts to
climb up sharply; That doesn't look very likely now; Be prepared to go profit
less today; Unless, of course, you get the off-chance very good opportunity;
Do not take any unnecessary risks that can take you to losses; Careful..

The Nifty has gone down some more after our last Update to below 7800-level as
the China induced rout continues; The Nifty has fallen over 160-points already and
almost all markets worldwide, including Europe, are more than -2% down; For the
Nifty, the Support at 7840 has been broken now; The next one at 7800 is under
attack right; The Nifty is at 7800, deep in the red, fluctuating in the 7785-7820
for some time; 7770 is the next Support level; The question now is: whether
Nifty will be able to hold 7800-level at closing today; We have big doubts;
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