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Alerts / Updates

for Wednesday, 06-Jan-2016


 

SUGGESTS:

 

HEXAWARE

 

INDIACEM

 

RELINFRA

 

ALSO SEE:

ARVIND

NMDC

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 Wednesday, 06-Jan-2016

SMS Pre-Market

Suggests: HEXAWARE INDIACEM RELINFRA;
Also See: ARVIND NMDC TATASTEEL;
Valid for: 06-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

06Jan(10:00) Flat openng; Choppy;
See HEXAWARE>253 TATASTEEL>272;
Watch INDIACEM>102 NMDC>93.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat start for the Nifty50, at around 7785, was marred today morning
as the index fell to 7760 level immediately after the opening; Almost all
Asian markets have become negative this morning after news of North Korea
conducting nuclear tests; And the China worry continues for the third day;
The Nifty50 is under pressure, trading with a slight negative bias at 7770
now, in the red, but still trading around its Support level of 7770-7750; We
expect the Nifty to stabilise and get into range-bound trading around 7770 and
slowly move towards the 7800 region later in the day; The immediate target
for the index is the Resistance at 7820; 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
HEXAWARE 253 248 257 259 230
TATASTEEL 272 266 275 278 220

Also watch INDIACEM>102 and NMDC>93.50 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

06Jan(11:00) Nifty flat around line; TATASTEEL gave
profit; See ARVIND>362 TATASTEEL>275 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
HEXAWARE Slight negative bias; Avoid, for now
INDIACEM Choppy & Uncertain; Avoid, for now
RELINFRA Choppy & Uncertain; Avoid, for now
ARVIND See above 362 Choppy, but can give chances; Watch this..
NMDC Choppy & Uncertain; Avoid, for now
TATASTEEL In at 272, Out at 274.50
See again after 275
There is chance for more here

Small profits have come from TATASTEEL in the first hour, and two Suggests
look good for more at this time; The general market is very uncertain; We have
to be very careful of false starts today; No more losses like yesterday, where
we were lucky to make up for it later in the day; Look at all angles carefully
if you want to take entry now; Do not take any unnecessary risks;
Stay Away unless you are sure about what you are doing.

The slight negative bias we feared at the opening, has been negated, and the
Nifty has become range-bound around the line; At 7785 now, absolutely on the
line; Support at 7770-7750 is still intact; The index is approaching the 7800-
level as was expected; Meanwhile, the Nikkei India December services PMI has
come in at 53.6 vs 50.1 in November; This is a 10-month high; This should have
positive bearings in the market now; But do not lower your guard; Do not
take any unnecessary risks; We do not want any wrong move on your
part now which can can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

06Jan(12:30) Nifty flat around line; ARVIND gave profit;
See RELINFRA>609 ARVIND>366 TATASTEEL>274 now
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HEXAWARE Slight negative bias; Avoid, for now
INDIACEM Choppy & Low Volume; Avoid, for now
RELINFRA See above 609 Took a fall; Recovering; Watch this..
ARVIND In at 362, Out at 365.50
See again after 366
There can be more in this later today..
NMDC Choppy & Uncertain; Avoid, for now
TATASTEEL See after 274 Took a fall; Recovering; Watch this..

Some more profits have come from ARVIND after our last Update; A few Suggests
are well p[laced right now for some more profits, but the general market has again
gone back to range-bound trading; We have to be very careful of false starts; Look
at all angles carefully before you take any entry; Do not take any unnecessary
risks; Stay Away unless you are sure about what you are doing.

No upside has come, and the Nifty has gone back into range-bound trading around
the line; At 7790 now, marginally in the green, trading quietly in the 7780-7800
range; Support at 7770-7750 is still intact; So is the Resistance at 7800-7820;
There are no domestic cues; Europe opening is uncertain; At this time, we
expect the Nifty to continue range-bound trading and further direction can be
given by Europe; Do not take any unnecessary risks; Consider all angles
before you take any decision now; We do not want any losses today.

 


 

SMS-4

06Jan(2:30) Mkt In red; Recovering; No Suggest gave profit;
INDIACEM>99.50 RELINFRA>598 TATASTEEL>271
good for LONG if upsurge comes now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HEXAWARE Flat & Uncertain; Risky; Avoid
INDIACEM See above 99.50 Took a fall; Recovering; Watch this..
RELINFRA See above 598 This is also Recovering; Watch this..
ARVIND Recovering; Watch after 360
NMDC Choppy & Uncertain; Risky; Avoid
TATASTEEL See after 271 Took a fall; Recovering; Watch this..

No further profits have come from any of our Suggests after our last Update; A few
Suggests look good at this time for some more profits; The general market is in
recovery mode and this can help; Be very watchful and alert; Do not take any
undue risks; It may be a better idea to Stay Away and take home your profits
at this stage, if you are not sure about your next step; Careful..

The Nifty has taken a sharp 80-point fall after our last Update, in tune with other
Asian and European markets, that have fallen as a reaction to North Korean claims
of a successful Hydrogen Bomb test; From 7800-level the Nifty has fallen to touch
a low of 7720; The Nifty is at 7740 now, in the red, trying to recover; Support at
7770 has been broken; Next Support at 7730-7720 is now under test; This might
hold, but our earlier thought that we will see 7800 at closing today, might not
happen today; We will be lucky if 7750 can 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