IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 11-Jan-2016


 

SUGGESTS:

 

BALRAMCHIN

 

CROMPGREAV

 

SUNTV

 

ALSO SEE:

INDIACEM

RPOWER

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 Monday, 11-Jan-2016

SMS Pre-Market

Suggests: BALRAMCHIN CROMPGREAV SUNTV;
Also See: INDIACEM RPOWER TITAN;
Valid for: 11-Jan-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7630, 7650, 7680, 7740, 7780;
NIFTY Support levels are: 7580, 7550, 7500, 7470, 7420;

 


 

SMS-1

11Jan(10:00) Gap-down openng; Choppy;
See BALRAMCHIN>83 CROMPGREAV>191;
Watch INDIACEM>98.50 RPOWER>60;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A huge 80-point gap-down opening for the Nifty50 today, at around 7520,
following negative global cues, after there was some recovery on Friday; US
markets, however, had seen a sharp decline on Friday; Also, constant selling
by foreign institutional investors is weighing heavily on our sentiment; All Asian
markets are trading lower on Chinese confusion; China central bank has guided
the Yuan higher, but stocks have fallen anyway; A lot of changes are happening
in China and some of them are fairly complex, say experts; Chinese action has
created fear that something much worse is out there; Today might be a negative
market ahead of the December quarter earnings season that begins on Tuesday
with TCS; Plus, we will have IIP for November 2015 and CPI for December 2015
on Tuesday, and WPI for December 2015 on Thursday; For the Nifty, 7550 on
the index has been broken at opening today and there is a possible downside
now till 7420, if 7500-7470 is broken; The Nifty is at 7500 now, deep in the red,
struggling to hold that level; A turnaround upwards from here will depend largely
on global news flows; We had been expecting a passage towards 7700 this week,
let us see whether that happens now in spite of negative global cues; You have
to be extra careful on a falling market; Keep constant vigil; Look at all angles
carefully before you decide to enter; Take small, small profits and exit;
See these if the market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BALRAMCHIN 83 80 85 87 720
CROMPGREAV 191 186 195 199 310

Also watch INDIACEM>98.50 and RPOWER>60 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

11Jan(11:00) Nifty recovering slightly; 3 Suggests gave profit;
See BALRAMCHIN>86.50 CROMPGREAV>193 INDIACEM>100
again if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BALRAMCHIN In at 83, Out at 86.30
See again after 86.50
There is chance for more, but be careful..
CROMPGREAV In at 191, Out at 192.70
See again after 193
There is chance for more, but be careful..
SUNTV Going up slowly; Watch after 405; Be careful..
INDIACEM In at 98.50, Out at 99.50
See again after 100
There is chance for more, but be careful..
RPOWER Choppy & Uncertain; Avoid, for now
TITAN Uncertain & Risky; Avoid, for now

Good profits have come from 3 of our Suggests in the first hour itself; There is
chance for more in all our Suggests, except maybe the last 2; Of course, that will
happen if the recovery in the Nifty continues; Plus, we have asked you to be extra
careful with all because the world markets continue to be very bad and might drag
the Nifty down again; Do not lower your guard; Keep constant vigil; Take small,
small profit and exit; Buy again, if the upside continues; Do not take any
undue risks; Stay Away unless you know what you are doing.

The Nifty is at 7540 now, coming up from a low of below 7500, after a weak
opening; Technically, the swing-low Support at 7540-7550 is back in force;
We expect the Nifty to recover some more from here and slowly proceed towards
the green zone, in spite of the global situation; Any small domestic good news
is very welcome at this stage, as it will give a push to our recovery; Do not
lower your guard; Do not take any unnecessary risks; Do not take any
wrong move that can take away your profits and push you to losses;
Stay Away, if you are in doubt.

 


 

SMS-3

11Jan(12:30) Mkt in red; Going Flat; INDIACEM added small
profit; SUNTV Marginal; None look good now; All can
profit if mkt turns up again; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BALRAMCHIN No further development after last Update;
But this can still give a 2nd chance..
CROMPGREAV No further development after last Update;
Scrappy & Uncertain; Best to Avoid this now
SUNTV In at 405
Marginal, till now
Best to get out Marginal now,
and return after 407 is crossed
INDIACEM Out at 100 Flat & Uncertain; Avoid, for now
RPOWER Flat & Uncertain; Avoid, for now
TITAN Uncertain & Risky; Avoid, for now

We feel that the job for the day has been finished by our Suggests, and not very
much can happen now; Unless the Nifty starts to climb up again; It will be best
to get out from the playing field at this point and watch from the sidelines now;
Take home your profits; Do not take any undue risks; Stay Away unless you get
a very good chance; Look at all angles carefully if you want to take further
entry at this time; Be sure about what you are doing.

The Nifty has peaked out at just below 7570 after our last Update, and has come
down to 7530 now, in the red; Fluctuating in the very narrow 7530-7540 range
since the last half-hour, or so; Technically, the Support at 7540 is still holding;
We have to be very careful in LONG now, specially if Europe opens in the red,
as the new sell-off around the world continues; However, we are still a little
optimistic that the Nifty will make an attempt to get into the green before
closing today; Do not take any unnecessary risks; Protect your profits;
We do not want any losses today.

 


 

SMS-4

11Jan(2:30) Nifty on line; +ve bias; 2 Suggests gave profit;
CROMPGREAV>193 SUNTV>410 INDIACEM>102 good for more
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BALRAMCHIN Flat & Quiet; Avoid
CROMPGREAV See after 193 Has started to go up again; Careful..
SUNTV In at 405, Out at 410
See again after 410
This can give more in last hour
INDIACEM Out at 101.50
See again after 102
This can give more in last hour
RPOWER Choppy & Uncertain; Avoid
TITAN Uncertain & Risky; Avoid

Some profits have been added since our last Update, and there is chance for
more in 3 of our Suggests in the last hour if the upside in the Nifty holds; But,
as we have said before, it will be best to Stay Away from this market if you have
made your profits for the day; Take home your profits; Do not take any undue
risks in the last hour; Best to Stay Away now; Do not get in unless you
are sure about what you are doing.

The Nifty has kept our word and has climbed up to the line at 7600 after our
last Update; Exactly at 7604 now, marginally in the green; Up from the day's
low of 7494 in a good 110-point increase, with of course a breather at the
Support at 7550-7540 area; Technically, the Support at 7540 is still holding;
Europe has opened good and is trading firmly in the green discarding the
woes of China; We expect the upsurge in the Nifty to hold in the last hour;
We may get some consolidation at the 7600-level, but some more upside and a
positive closing is expected; Be very careful and Stay Away now from this market
unless you get a very good chance; Do not take any undue risks now in the
last hour; Protect your profits; Today, we will close flat/green.

 


 

Please also see our Today's Performance or Details page