IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 08-Feb-2016


 

SUGGESTS:

 

CAIRN

 

PFC

 

PNB

 

ALSO SEE:

ASHOKLEY

DISHMAN

TATASTEEL

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, 08-Feb-2016

SMS Pre-Market

Suggests: CAIRN PFC PNB;
Also See: ASHOKLEY DISHMAN TATASTEEL;
Valid for date: 08-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7530, 7570, 7600, 7660, 7700;
NIFTY Support levels are: 7440, 7380, 7350, 7330, 7280;

 


 

SMS-1

08Feb(10:00) Flat openng; Slight -ve bias;
See PFC>181.50 DISHMAN>357;
Watch PNB>97.50 TATASTEEL>240;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat opening for the Nifty50 today, at around 7480, as Asian markets
are trading mixed today morning after last Friday's -1.3% fall for the DOW; But
experts are of the opinion that our markets are overreacting to global events
as the US situation has not really changed much; At home, the countdown to
the Budgets has started and macroeconomic data, including GDP, IIP and
inflation, will dictate market movement this week; Also, the last batch of
company results including blue chips like SBI and ONGC are to be released
this week; The Nifty is at 7470 now, trading with a slight negatuive bias in
the 7460-7490 zone; Holding 7500-level is the primary task for the Nifty
today; First Support is in the 7450-7420 area; Range-bound trading is again
expected in the most part today; As always, be patient, and chances will come
your way in LONG; Choose your trade carefully; Be cautious about false starts;
Once in, take small, small profit and exit; Buy again, if the upside continues;
See these if the market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PFC 181.50 178 183 186 330
DISHMAN 357 350 360 365 160

Also watch PNB>97.50 and TATASTEEL>240 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

08Feb(11:00) Nifty +ve; Choppy; 2 Suggests gave profit; Hold
PFC>184.50; See CAIRN>128.50 PNB>97.50 ASHOKLEY>92.50
now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN See above 128.50 Flat & Choppy now; Keep a watch..
PFC In at 181.50, Out at 184.50
Hold>184.50, SL-180
Has flattened out; But can give more today
PNB See above 97.50 This has chances today; Keep watching..
ASHOKLEY In at 91.50, Out at 92.30
See again after 92.50
Entry came following PricePoints;
This can give more profits today
DISHMAN This is flat at 353; Watch after 356
TATASTEEL This is also flat at 237; Watch after 240

Small profits have already come from two of our Suggests in the first hour, and
we are hopeful with all six of our Suggests at this time, as given in the box above;
But much will depend on whether the upside continues for the Nifty; Do not lower
your guard; Be very careful of false starts going forward; Do not take any
unnecessary risks in haste that can take you to losses; Stay Away if
you are not sure and confident about what to do.

The Nifty has developed a positive bias, replacing the negative bias we thought
we saw, after our last Update; From around 7460, which was in the red, the index
has come up into the green to achieve its target of 7500; It is fluctuating in the
7490-7510 band now; We expect some consolidation at this level and some more
upside should come if the Nifty can hold 7500-level for some time; Unless we get
some negative trigger; There is Support now at 7450; Do not take any
undue risks; Any wrong move on your part can take you to losses;
Stay Away if you are not sure about what to do.

 


 

SMS-3

08Feb(12:30) Mkt in green; Going Choppy; PFC added profit;
PNB Marginal; See PFC>186 again if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN See above 128.50 This level is still valid; Keep watching..
PFC Out at 186
See again after 186
This can give more profits today
PNB Marginal at 97.50 This has still give chances; Keep watching..
ASHOKLEY Stuck at 92; Looking Risky; Avoid, for now
DISHMAN Scrappy; Risky; Avoid, for now
TATASTEEL Flat & Quiet; Watch after 239

PFC has added profits and is still looking good for LONG at this time; There
are a few others that can also contribute today, including PNB for which you should
quit now and get back in after 98; Do not lower your guard; Be careful of false moves,
as always; Do not take any unnecessary risks in haste that can take you to losses;
Protect your profits; Stay Away if you are not sure and confident to enter.

The Nifty has remained in the vicinity of 7500 after our last Update, and has
fluctuated in the 8485-7505 band; The index is at 7505 now, in the green;
Some upside is expected, if this pattern continues for some more time; Unless
we get some negative trigger; There is Support at 7450; Watchout for Europe
opening for global cues; Be very careful as you go forward from here;
Protect your profits; There should not be any losses today.

 


 

SMS-4

08Feb(2:30) Nifty choppy on line; No Suggest gave profit;
PNB Marginal at 97.50; PFC stuck at 185;
None look good for LONG now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Choppy & Uncertain; Risky; Avoid
PFC Stuck at 185 Does not look good anymore; Avoid
PNB Marginal at 97.50 This also not looking good anymore; Avoid
ASHOKLEY Scrappy; Looking Risky; Avoid
DISHMAN Scrappy & Risky; Avoid
TATASTEEL This has disappointed today; Avoid

No further profits have come our way since the last Update, and there seems to
be no further scope now in the last hour; It will be best to quit and Stay Away
from here onwards; Do not take any unnecessary risks in haste in the last
hour that can take you to losses; Protect your profits; Stay Away now.

The Nifty has remained in the 7480-7510 band after our last Update; At 7490
now, on the line, showing no signs of either going up or going down; Globally,
while Asian markets are closing mostly green, Europe is opening in the red; There
are no domestic cues; Not much upside is expected from our market at this time;
It might become difficult to hold 7500 at the closing today; Some downside
can even come in the last few minutes if Europe goes down further; Do not
take any unnecessary risks now in the last hour; Protect your profits;
Best to Stay Away now; Today, we will close flat/red.

 


 

Please also see our Today's Performance or Details page