IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 21-Jan-2016


 

SUGGESTS:

 

APOLLOTYRE

 

GRANULES

 

IDEA

 

ALSO SEE:

AXISBANK

BHEL

CAIRN

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 Thursday, 21-Jan-2016

SMS Pre-Market

Suggests: APOLLOTYRE GRANULES IDEA;
Also See: AXISBANK BHEL CAIRN;
Valid for date: 21-Jan-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7330, 7380, 7430, 7460, 7520;
NIFTY Support levels are: 7280, 7240, 7200, 7170, 7120;

 


 

SMS-1

21Jan(10:00) Gap-up openng; Choppy;
See GRANULES>123 BHEL>147.50;
Watch IDEA>117 AXISBANK>411;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 70-point gap-up opening was seen for the Nifty50 today, at around 7380,
after a 70-point opposite opening yesterday; Free falling crude oil prices have
officially pushed the FTSE-100 to bear territory ahead of European Central
Bank's policy meet on interest rates scheduled for later in the day; In the US
last night, there was a 560-point fall in the DOW; But oil prices have bounced
back late in the night and the DOW saw a smart pullback to close 250-points
down; This pullback is seen in the Asian markets also; Our markets had also
shown a similar upside in the last hour of trade yesterday, and is expected to
carry that trend forward today; But the Nifty has gone down some after the
opening today; It had touched 7400 immediately after the opening, but went
down to below 7350 within half-hour; The Nifty is at 7350 now, in the green,
trying to maintain 7350-level; First Support is now at 7330 followed by good
Support at 7300-7280; First Resistance will be at 7380 followed by 7400-7430;
We are still hopeful of an expected bounce-back due to oversold position from
such levels; Like in the last few days, you have to be extra careful in this
uncertain market; 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
GRANULES 123 118 125 126 480
BHEL 147.50 144 150 152 400

Also watch IDEA>117 and AXISBANK>411 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

21Jan(11:00) Mkt has -ve bias; No Suggest gave profit;
See AXISBANK>411 BHEL>147.50 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
APOLLOTYRE Going down; Avoid, for now
GRANULES Going down; Avoid, for now
IDEA Going down; Avoid, for now
AXISBANK See after 411 Holding steady; Watch this..
BHEL See after 147.50 Just touched Trigger; There was no Entry
possible; Going down; Avoid, for now
CAIRN Choppy & Uncertain; Avoid, for now

None of our Suggests look good for LONG in this falling market; It will be best
not to trade this market and watch from the sidelines, till such time that the
Nifty starts to move up again; Stay Away from this market till then; Hold your
patience; Our chances will come; Do not take any unnecessary risks in
haste that can take you to losses; Best to Stay Away now.

The Nifty has been going down steadily since opening today; At 7310 now, just
on the line; Desperately holding the 7300-level; Fluctuating in the 7300-7320
region; First Support at 7330 has been breached; We are at the next one at
7300-7280; We are very doubtful whether this 7300-level will hold now; The
next one is at 7240-7220; We fear that more downside will come till that;
Do not take any unnecessary risks; Any wrong move on your part can
take you to losses; Best to Stay Away now.

 


 

SMS-3

21Jan(12:30) Mkt in red; Going Flat; No Suggest gave profit;
See APOLLOTYRE>138 IDEA>116.50 CAIRN>113 now
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
APOLLOTYRE See after 138 Going up slowly; Watch this..
GRANULES Choppy & Uncertain; Avoid, for now
IDEA See after 116.50 Might turn up now; Watch carefully..
AXISBANK Going down; Avoid, for now
BHEL Going down; Avoid, for now
CAIRN See after 113 Choppy, but might turn around..

None of our Suggests have started to perform today, and none was expected from
them; The early turmoil in the Nifty seems to have calmed down a bit, and our
markets have flattened out somewhat; But the negative bias is not yet over;
Be very careful in LONG and be warned about false starts; Stay Away from
this market till you get a very good chance; Hold your patience; Do not take
any unnecessary risks in haste that can take you to losses; Stay Away,
if you cannot decide what to do.

The fall in the Nifty has become slightly slower than before, and the index
has become flat and choppy around the 7280-mark; Technically, this Support has
been holding for now; While the negative bias is still not gone, we are hopeful
that a bottom will be found here and we will get a bouceback from here; In any
case, the Support at 7240 will hold; Wait patiently for your chances; Be very
careful as you go forward from here; There should not be any losses today.

 


 

SMS-4

21Jan(2:30) Nifty Choppy around line; No Suggest gave
profit; None look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Going up choppily; Watch after 138
GRANULES Choppy, but going up; Watch after 122
IDEA Uncertain; Looks risky; Avoid
AXISBANK Going up slowly; Watch after 411
BHEL Going down; Avoid
CAIRN Choppy; Looks risky; Avoid

Our Suggests have drawn a blank today; Actually we are thankful that we have
not gone into a loss on a bad day like today; Going profit-less is far better
than getting into a loss; Be very careful if you want to take entry in LONG
at this time and be warned about false starts; Do not take any unnecessary
risks in haste that can take you to losses; Stay Away, unless you get a
clear good opportunity.

The downside for the Nifty has been arrested after our last Update; A small
upside was also seen, but that did not last; From the day's low of 7250 the
Nifty had gone up to 7330, in the green; But that level could not hold for
long, and the Nifty has come down to 7280 again, in the red; Technically, the
Support at 7280 is back into play; New Support has been found at 7250; At this
time we expect the Nifty to consolidate some more and remain above 7280; An
attempt, like in the last hour yesterday, to give a finish above 7300, in the
green, is expected; It will be best to Stay Away from this market now, unless
you get any good and clear opportunity in last hour; Today, we will close flat.

 


 

Please also see our Today's Performance or Details page