IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 15-Jan-2016


 

SUGGESTS:

 

COALINDIA

 

DABUR

 

ONGC

 

ALSO SEE:

CAIRN

DISHMAN

PNB

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, 15-Jan-2016

SMS Pre-Market

Suggests: COALINDIA DABUR ONGC;
Also See: CAIRN DISHMAN PNB;
Valid for date: 15-Jan-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7570, 7600, 7630, 7650, 7680;
NIFTY Support levels are: 7500, 7470, 7420, 7370, 7330;

 


 

SMS-1

15Jan(10:00) Flat openng; Going Choppy;
See ONGC>223 CAIRN>128.50;
Watch DABUR>259.50 PNB>98.30;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty50 today at around 7550 as US stocks rebound as oil
prices and the energy sector climbs; This has also caused Asian stocks to climb
and most are in the green at this time; But the Nifty is not showing any kind
of bias as it is at 7540 now, on the line, and fluctuating around it in the broad
7520-7560 range; This is a struggle to hold on to 7550 level; The target for
this week was to cross the strong Resistance at 7600, and that is still within
reach; However, as we said before, some positive domestic trigger is required
to shake off negative global cues and take our markets out of its grip; The
biggest problem has been the consistent selling by foreign funds; Exchange
Data shows that foreign institutional investors have sold equities worth Rs
2331 crore so far this month; We badly need this situation to reverse; For
today, 7500-7470 is the downside to watch for the Nifty, as a slide can
come in if we go below that level; Like in the last few days, you have to
be extra careful in these uncertain times; Keep constant vigil; Look at all
angles before you decide what to do; Take small, small profits and exit;
See these if the market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ONGC 223 219 226 229 260
CAIRN 128.50 126 131 133 460

Also watch DABUR>259.50 and PNB>98.30 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

15Jan(11:00) Mkt has -ve bias; No Suggest gave profit;
See CAIRN>126.50 DISHMAN>337 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
COALINDIA Choppy & Uncertain; Avoid, for now
DABUR Choppy & Uncertain; But watch after 258.50
ONGC Going down; Can recover later today
CAIRN See after 126.50 Started to go up now; Watch this..
DISHMAN See after 337 This is flat & holding; Watch this..
PNB Going down; Avoid, for now

We are having another bad day at the stock exchange; No profits have come in the
first hour, and none seems to be coming soon, although a few are showing promise;
The general market will have to improve for our Suggests to perform; There is time;
Be patient; Opportunities will come; Keep constant vigil; But do not take any
unnecessary risks in haste that can take you to losses;
Stay Away, if you cannot decide what to do.

The Nifty has developed a slight negative bias after our last Update; At 7510
now, in the red, struggling to hold on to the 7500-mark; But we do not see any
big downside from here; 7500-7470 is good Support and should hold; And we
can expect some recovery later in the day; Do not take any unnecessary risks;
Any wrong move on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

15Jan(12:30) Mkt in red; Going Choppy; No Suggest gave
profit; CAIRN touched Trigger; See ONGC>222.50 now
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
COALINDIA Choppy & Uncertain; Risky; Avoid, for now
DABUR Took a fall; Steady now; Can surge up
ONGC See after 222.50 Holding at 221; Can start to climb up now
CAIRN Touched Trigger at 126.50;
No entry was possible
This can still give chances..
DISHMAN Took a fall; Trying to recover; Avoid, for now
PNB Still Going down; Avoid, for now

None of our Suggests have been able to deliver any profits till now today, and
we already have a false start on record; Bad times continue today; A turn in
fortunes will not come unless the Nifty changes course and starts to move up;
We have to wait for that to happen, otherwise we'll have to go profit-less
today; But do not take any unnecessary risks in haste that can take you to
losses; Going profit-less is better than getting into a loss; Stay Away,
if you cannot decide what to do.

The Nifty has remained quiet and range-bound in the 7500-7540 zone since our
last Update; At 7515 now, in the red, struggling but managing to hold on to
the 7500-mark; As we said before, we do not see any big downside from here;
7500-7470 is good Support and should hold; And we still expect some recovery
later in the day, specially if Europe opens good; Be very careful as you go
forward now; Market is very uncertain; We do not want any more
false starts; There should not be any losses today.

 


 

SMS-4

15Jan(2:30) Mkt in red; Choppy; No Suggest gave profit;
ONGC CAIRN Marginal; None look good for LONG now;
All can profit if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
COALINDIA Choppy & Uncertain; Risky; Avoid
DABUR Going down; Avoid
ONGC Marginal at 222.50 This has become Scrappy & Uncertain;
Best to Avoid this now
CAIRN Marginal at 126.50 This is also Uncertain; Avoid
DISHMAN Going Down; Avoid
PNB Still Going down; Avoid

No profits have come today, and none of our Suggests look good for returns at
this time; And we have two false starts today; The general market looks like
going down again; We do not have much hope of revival; It will be better to
Stay Away from this market now and go profit-less today; Do not take any
unnecessary risks in haste that can take you to losses; Stay Away now.

The Nifty is developing a negative bias it seems; At 7500 exact right now, in
the red, coming down from 7540; There is a downside momentum that can
take the Nifty down to the Support at 7470; If that happens, holding on to
7500-level at closing today will become difficult; Asian markets are turning
red and Europe has opened deep in red; No recovery is seen in last hour;
Do not take any undue risks now; Go profit-less if you have to;
Today, we will close red.

 


 

Please also see our Today's Performance or Details page