IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 05-Jan-2016


 

SUGGESTS:

 

ASHOKLEY

 

IRB

 

RELINFRA

 

ALSO SEE:

INDIACEM

SUNTV

TATASTEEL

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, 05-Jan-2016

SMS Pre-Market

Suggests: ASHOKLEY IRB RELINFRA;
Also See: INDIACEM SUNTV TATASTEEL;
Valid for date: 05-Jan-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7820, 7850, 7900, 7940, 7980;
NIFTY Support levels are: 7770, 7730, 7660, 7620, 7570;

 


 

SMS-1

05Jan(10:00) Gap-up openng; Choppy;
See RELINFRA>608 SUNTV>426;
Watch ASHOKLEY>93.50 TATASTEEL>263.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 40-point gap-up opening for the Nifty50 today, at around 7830, in an
effort to recover after the 170-point slide yesterday; Markets globally are
trying to stabilise a bit following a sharp fall yesterday after the China
debacle; Asian stocks are trading mostly in the green today morning
after a rebound in China stocks post the sharp sell-off yesterday; The
Nifty has reclaimed its crucial psychological level of 7800 at the opening
itself, but it has come down after the morning bell to go into the red,
below the 7800-level; It is at just at 7800 now, in the green; A small
negative bias might develop; But we expect the Nifty to stabilise and
get into range-bound trading around 7800 region; The first target for
the day will be to hold 7800-level; There is Support at 7770, and at
7730-7710 region; 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
RELINFRA 608 600 612 618 90
SUNTV 426 419 430 437 140

Also watch ASHOKLEY>93.50 and TATASTEEL>263.50 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

05Jan(11:00) Nifty choppy; No Suggest gave profit;
RELINFRA in Loss; SUNTV Marginal; None look good
for LONG now; Wait till mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY Choppy & Quiet; Watch after 93.50
IRB Going down; Avoid, for now
RELINFRA In at 608
Hit StopLoss at 600
There was possible exit at 611; There can
be a chance to make up losses later today
INDIACEM Going down; Avoid, for now
SUNTV In at 426, Out at 428
Marginal, till now
Exit now; Re-enter if upside comes after 428
TATASTEEL Choppy, but watch after 264

We have been unfortunate with RELINFRA in the first hour; While there was a
chance to get out with minimal profits, most members would have held on as
the minimum stipulated 300 was not reached; RELINFRA will be recorded as
a loss today unless there is a recovery later today; There is high chance of
that happening; SUNTV is Marginal; There are no prospects in the others
unless the market starts to move up; Be very careful if you want to take
entry now; No more losses please; Do not take any unnecessary risks;
Stay Away unless you are sure about what you are doing.

The slight negative bias we feared in our last Update, has actually come for
the Nifty; It has gone down into the red and is at 7770 now; This is strong
Support and we expect this level to give a good fight and hold for some time;
More downside will come only if we get any further negative trigger; Otherwise,
the Nifty should continue with range-bound trading around the line; Do not
take any unnecessary risks; We are already in a loss situation; We do not
want any wrong move on your part now which can can take you to
more losses; Stay Away, if in doubt.

 


 

SMS-3

05Jan(12:30) Mkt on the line; Choppy; RELINFRA INDIACEM
gave profit; See RELINFRA>612 INDIACEM>98.50 SUNTV>428
TATASTEEL>264 if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Scrappy & Uncertain; Avoid, for now
IRB Flat & Uncertain; Avoid, for now
RELINFRA In at 609, Out at 612
See again after 612
This can be considered as a recovery;
There can be more chances later today
INDIACEM In at 96.50, Out at 98.50
See again after 98.50
Entry came via PricePoints;
There can be more here today
SUNTV See after 428 Re-enter if upside comes after 428
TATASTEEL See after 264 This can give profits now

As correctly estimated, RELINFRA gave a chance to recover earlier losses;
Some more profits have come from INDIACEM; And SUNTV and TATASTEEL
look good for some profits at this time; The general market is also in upswing;
However, be careful of false starts; We do not want another loss situation;
There is high chance of that happening; Do not take any unnecessary risks;
Stay Away unless you are sure about what you are doing.

The negative bias in the Nifty has got reversed after our last Update; From a
low of 7760 the Nifty has bounced back up to the line at 7790 now; The strong
Support at 7770 has held once again; There will be some more upside, we feel,
and 7800 will be covered; There is Resistance at 7820; The task for the Nifty
now will be to hold position above 7800 at all cost; Will be possible if Europe
opens and trades in a positive direction; Do not take any unnecessary risks;
Consider all angles before you take any decision now; No more losses today.

 


 

SMS-4

05Jan(2:30) Mkt in green; Choppy; 3 Suggests gave profit;
RELINFRA>620 INDIACEM>102.50 TATASTEEL>276 still good
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Scrappy & Uncertain; Risky; Avoid
IRB Flat & Uncertain; Risky; Avoid
RELINFRA Out at 620
See again after 620
More profits have come as expected; Earlier
loss is now recovered; There can be more here
INDIACEM Out at 102.50
See again after 102.50
There can be more here in last hour
SUNTV Choppy & Uncertain; Low Volume; Avoid
TATASTEEL In at 264, Out at 276
See again after 276
Has flattened out; But keep watching..

TATASTEEL has joined RELINFRA INDIACEM to give profits today; Earlier loss with
RELINFRA has been recovered; Nothing much can happen with our Suggests
any futher today, as the general market has failed to take-off; In any case, we
have done well not to end the day in losses; Best to get out and stay out now;
Do not take any unnecessary risks that can take you back to losses;
Take home your profits; Stay Away.

The Nifty has gone back to range-bound, direction-less, choppy trading around the
line after our last Update; Support at 7770 is still holding; So is the Resistance
at 7820; This has been the trend globally today as almost all major Asian and
European markets are very flat and quiet today; The Nifty is at 7800 now, in the
green, fluctuating in and out of the red-green zone around the line between 7780
and 7810; We do not expect much to happen in the last hour, unless we get
some trigger; We only hope that Nifty will be able to hold 7800-level at closing
today; Do not take any undue risks now in the last hour; Today, we will close flat.

 


 

Please also see our Today's Performance or Details page