IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 08-Jan-2016


 

SUGGESTS:

 

ICICIBANK

 

PETRONET

 

SUNTV

 

ALSO SEE:

CROMPGREAV

JETAIRWAYS

TITAN

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 Friday, 08-Jan-2016

SMS Pre-Market

Suggests: ICICIBANK PETRONET SUNTV;
Also See: CROMPGREAV JETAIRWAYS TITAN;
Valid for: 08-Jan-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7610, 7650, 7680, 7740, 7780;
NIFTY Support levels are: 7540, 7500, 7480, 7420, 7370;

 


 

SMS-1

08Jan(10:00) Gap-up openng; Choppy;
See SUNTV>418 JETAIRWAYS>755;
Watch ICICIBANK>249 CROMPGREAV>189;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 45-point gap-up opening for the Nifty50 today, at around 7615, following
a turn-around in Asian markets after the china-induced rout yesterday; Our
market witnessed a steep fall yesterday with both indexes hitting 52-week
low in intraday trade and the US markets saw a deep cut of around -3%;
But crude oil prices appeared to be looking up; At home, fresh efforts to
push GST appear to be going nowhere; There are no triggers expected;
The Nifty50 is still under pressure but a slight recovery is expected today;
It is at 7605 now, in the green, going choppy in the 7600-7620 range;
The main responsibility for the Nifty today will be to hold 7600-level on
the downside and to cross 7650-level on the upside, although a slight
negative bias may be setting in now; We still expect a passage towards
7700 in the next week; That again will depend on news flows to a great
extent; 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
SUNTV 418 410 422 425 140
JETAIRWAYS 755 745 761 769 80

Also watch ICICIBANK>249 and CROMPGREAV>189 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

08Jan(11:00) Mkt +ve & flat; No Suggest gave profit;
SUNTV touched Trigger; None look good for LONG now;
All can profit if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ICICIBANK Scrappy & Risky; Best to Avoid this now
PETRONET Flat & Quiet; Watch after 269
SUNTV Touched Trigger at 418; There was no entry;
There is chance at 418 again; Be careful..
CROMPGREAV Choppy & Uncertain; But watch after 188
JETAIRWAYS This is also Uncertain; Watch after 755
TITAN Uncertain & Risky; Avoid, for now

There is nothing concrete as of now, but there is promise in a few; Problem is,
the general market has a slight negative bias; Our Suggests do not have a chance
unless the Nifty starts to move up; You have to be careful of false starts in a
falling market; Look at all angles carefully if you want to take entry now;
Do not take any undue risks; Stay Away unless you know what you are doing.

The slight negative bias continues with the Nifty; The index is at 7590 now
with the 7600-level breached for now; There is Support at 7570-7540, which
should hold; We expect some recovery later in the day; Do not take any
unnecessary risks; Do not take any wrong move that can take you
to losses; Stay Away, if in doubt.

 


 

SMS-3

08Jan(1pm) Nifty has slight +ve bias; 2 Suggests gave profit;
See SUNTV>421 CROMPGREAV>190 now if mkt upturn holds;
Await Europe openng; See Site -INTDAY

 

Update-3: 1pm

Suggest Action - for LONG Comments
ICICIBANK Choppy, but watch after 248
PETRONET Going down; Avoid, for now
SUNTV In at 418, Out at 420.50
See again after 421
This time there has been some profits;
Can give more today
CROMPGREAV In at 188, Out at 189.50
See again after 190
Choppy, but can give more today
JETAIRWAYS This is going up; Watch after 755
TITAN This is also going up; Watch after 343

Small profits have come from 2 of our Suggests after the last Update, and
there are a few that look good at this time; The change in fortune is only
because the Nifty has changed course upwards, and our expectations for
the current prospects will mature only if this trend continues for the Nifty;
As said before, you have to be very careful about false starts; Look at all
angles carefully if you want to take entry; Do not take any unnecessary
risks; Stay Away unless you are sure about what you are doing.

The slight negative bias we saw last time in the Nifty had bottomed out at 7585
and the index has bounced up from there, exactly as we had expected; Support
at 7570 has held strong; The Nifty is just below 7620 now, in the green, and is
expected to climb up to the target of 7650 now; Unless we get some negative
trigger; All world markets are also recovering after yesterdays sell-off; The
upside expected will be stronger if Europe opens good and then trades in the
green; Do not take any unnecessary risks; We do not want any losses today.

 


 

SMS-4

08Jan(2:30) Mkt in green; +ve bias; 3 Suggests added profit;
SUNTV>428 CROMPGREAV>190.50 TITAN>347 good for LONG
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ICICIBANK Choppy, Uncertain & Risky; Avoid
PETRONET Going down; Avoid
SUNTV Out at 427.50
See again after 428
There can be more here in last hour
CROMPGREAV Out at 190.50
See again after 190.50
Can give more today, but be careful..
JETAIRWAYS Choppy & Uncertain; Avoid
TITAN In at 343, Out at 346
See again after 347
Can give more today, but be careful..

Some more profits have come from our Suggests after the last Update, and we
feel now if the right time to call it quits and take home your profits; The general
market has lost its steam, it seems; If you have made your profits for the day,
it will be best if you can Stay Away now; Do not take any unnecessary risks;
Stay Away unless you are sure about what you are doing.

The Nifty has touched 7630 a few minutes ago, carrying on with the positive bias
seen last time, but the momentum upwards has gone down, it seems; The Nifty has
become choppy and we do not feel that 7650 will be possible from here, unless
we get some external push; None are expected; Be very careful and Stay Away
now from this market unless you get a very good chance; We expect 7600-level
to be held at closing today; Do not take any undue risks now in the
last hour; Protect your profits; Today, we will close green.

 


 

Please also see our Today's Performance or Details page