IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 18-Jan-2016


 

SUGGESTS:

 

BHARTIARTL

 

HAVELLS

 

WIPRO

 

ALSO SEE:

AMBUJACEM

COALINDIA

FORTIS

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, 18-Jan-2016

SMS Pre-Market

Suggests: BHARTIARTL HAVELLS WIPRO;
Also See: AMBUJACEM COALINDIA FORTIS;
Valid for: 18-Jan-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7480, 7520, 7570, 7600, 7630;
NIFTY Support levels are: 7420, 7370, 7330, 7300, 7270;

 


 

SMS-1

18Jan(10:00) Flat opening; Going down;
See WIPRO>546 COALINDIA>323;
Watch BHARTIARTL>300 HAVELLS>280;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty50 today at around 7435 after another US sell-off
last Friday due to weak US economic data and further decline in the crude oil
prices; Oil prices have touched their lowest since 2003 as Iran sanctions have
been lifted and it has resumed oil exports; Asian share prices have now gone
back to 2011 levels; Our market is in a strong downtrend having broken below
important Support levels of 7540 and 7450 last week; A breakdown of 7420-
7400 will signal further downturn till about 7300; However, since 7420-7400 is
a long-term strategic Support, a bounce back from there is definitely possible;
The Nifty is at the crucial 7400-mark right now, in the red; The trend remains
negative for the Nifty; Like in the last few days, you have to be extra careful
in a falling market and you should wait for the Nifty to settle down and reverse
before taking any position in LONG; Best to wait now; 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
WIPRO 546 536 549 553 100
COALINDIA 323 318 326 330 180

Also watch BHARTIARTL>300 and HAVELLS>280 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

18Jan(11:00) Mkt -ve & Choppy; BHARTIARTL gave profit;
See BHARTIARTL>305 FORTIS>172 now if mkt
goes up further; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL In at 300, Out at 305
See again after 305
Has flattened out, but can give more today
HAVELLS Choppy & Uncertain; But watch after 280
WIPRO Choppy & Uncertain; Risky; Avoid, for now
AMBUJACEM Started to go up; Watch after 193
COALINDIA Choppy & Uncertain; Risky; Avoid, for now
FORTIS See after 172 Going up slowly; Watch carefully..

Some profits have already come from BHARTIARTL and at least 2 other Suggests
look good if the Nifty resumes its upward journey; But the day is very uncertain
and trading today will be risky; Be very careful in LONG; Keep constant vigil;
Do not take any unnecessary risks in haste that can take you to losses;
Stay Away, unless you are very sure of what you are doing.

The Nifty Support at 7420-7400 is still under test; It has held itself in the
first attempt and the index has come back up from 7380 till the line at 7435;
Nifty is at 7435 now, on the line; The Nifty is expected to consolidate at this
level, and some more upside might come now; But the Support at 7420-7400 will
be tested again, we feel; Do not take any unnecessary risks; Any wrong
move on your part can take you to losses; Stay Away, if in doubt.

 


 

SMS-3

18Jan(12:30) Mkt in red; Going Flat; No Suggest gave profit;
None look good for LONG now; All can profit if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Still flat; Uncertain; Watch after 305
HAVELLS Just touched trigger at 280; No entry was
possible; But can still give chances
WIPRO Flat & Uncertain; But watch above 549
AMBUJACEM Uncertain, and looks risky; Avoid, for now
COALINDIA Choppy & Uncertain; But watch after 321
FORTIS Uncertain & Risky; Avoid, for now

There has been no further profits from our Suggests after our last Update;
General market situation has not changed, and the Nifty is still vulnerable and
risky; Although we have some hope in some of of our Suggests as shown in
the box above, you should wait for the Nifty to turn around before taking any
position now; Keep constant vigil; 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 remained flat and quiet in the 7400-7430 region after our last
Update; This means that the Support at 7420-7400 is still holding; If this can
hold for some more time, and if we get a positive opening from Europe, we can
expect a reversal in the Nifty; Some upside might come now; Be very careful
as you go forward now; Market is still very uncertain; We do not want any
false starts; There should not be any losses today.

 


 

SMS-4

18Jan(2:30) Mkt in red; Flat; No Suggest gave profit;
None look good for LONG at this time; Best to Stay Away
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Still Flat & Uncertain; Should be avoided;
But there is still chance after 304
HAVELLS Touched 280 once again; But still could
not give any profits; Avoid in last hour
WIPRO This has also touched Trigger at 549 but
could not proceed any further; Avoid
AMBUJACEM Flat & Uncertain; Risky; Avoid
COALINDIA Going down in last hour; Avoid
FORTIS Uncertain & Risky; Avoid

None of our Suggests could give any chances after our last Update; None
looks good for profits now in the last hour, except maybe for BHARTIARTL;
But be warned: we have had too many false starts today; The general market is
still very uncertain and choppy; We do not have much hope of revival; It is best
to avoid this market now and Stay Away in the last hour; Do not take any
undue risks in haste that can take you to losses; Best to Stay Away now.

The Nifty is still fighting to hold the 7400-level; The index is seen fluctuating
between 7380-7430 since our last Update; 7420-7400 has been a strategic
long term Support and it looks like we will lose that level now; Even the next
Support at 7370 is under threat now; In fact, once 7400 is taken out there is
chance that the Nifty will fall till 7300 quickly; Globally, Asian markets are closing
mostly red, but European shares have been lifted by a rebound in the Chinese
markets; The fall in the Nifty may not be that big today; But no recovery is seen
in the last hour; We hope to get a closing around the Support at 7370 today;
Do not take any undue risks now; Stay Away; Today, we will close red.

 


 

Please also see our Today's Performance or Details page