IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 09-Feb-2016


 

SUGGESTS:

 

BHARTIARTL

 

GRANULES

 

PFC

 

ALSO SEE:

BALRAMCHIN

DISHTV

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 Tuesday, 09-Feb-2016

SMS Pre-Market

Suggests: BHARTIARTL GRANULES PFC;
Also See: BALRAMCHIN DISHTV TATASTEEL;
Valid for: 09-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7430, 7480, 7530, 7570, 7600;
NIFTY Support levels are: 7350, 7330, 7280, 7240, 7200;

 


 

SMS-1

09Feb(10:00) Gap-down openng; Choppy;
See GRANULES>123 TATASTEEL>238;
Watch BHARTIARTL>313 PFC>182;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 80-point gap-down opening for the Nifty50 today, at around 7300, as US
and European markets experienced widespread selloff on Monday; Japan's Nikkei
has shaved off over 900 points this morning to be over -5.4% down and other
Asian markets are no better; All these are pointing towards another round of
brisk selling in the domestic market; However, losses are likely to be limited
on strong quarterly GDP data, which has come in at 7.3% making India one
of the world's fastest growing economies, aided by a double-digit growth in
manufacturing activity; The Nifty is at 7310 now, deep in the red, trading in
a range; Yesterday the main task for the Nifty was to hold the 7500-level,
which it lost in the intense selling in the last 45-minutes; Today, the main
task will be to hold 7300, which is 200-points down; Good Support is at 7240
which is a long-term positional low, with 7280 before that; Be very careful in
LONG today as strong selling might return; As always, be patient, and chances
will come 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
GRANULES 123 118 125 127 480
TATASTEEL 238 230 241 245 250

Also watch BHARTIARTL>313 and PFC>182 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

09Feb(11:00) Mkt -ve & flat; Nifty holding 7300;
No Suggest gave profit; See DISHTV>81.50 TATASTEEL>237
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL Very Choppy & Uncertain; Avoid, for now
GRANULES Going down; Avoid, for now
PFC Can give chances later; Watch after 182
BALRAMCHIN Going down; Avoid, for now
DISHTV See above 81.50 Scrappy but holding; Watch carefully..
TATASTEEL See above 237 This is choppy; Watch carefully..

We are not very confident with our Suggests today; The market has behaved itself
in the first hour and none of the fierce selling that the experts expected, was seen;
But that does not mean that the crisis is over; Be very careful now as the selling
might come back; Keep constant watch; Be very careful of false starts; 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 remained very flat and quiet in the 7290-7320 region after our
last Update; At exactly 7300 now, deep in the red, holding this level; There is
every chance of the index breaking out from this narrow band, but it will most
likely be in the negative direction, unless we get some positive trigger; There is
Support now at 7280; 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

09Feb(12:30) Mkt in red; Slight -ve bias; No Suggest gave profit;
None look good for LONG now; Await Europe openng;
But best to Stay Away now; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Stuck at 312; But may give chances later
GRANULES Going down; Avoid, for now
PFC Going down; Avoid, for now
BALRAMCHIN Going down; Avoid, for now
DISHTV Touched trigger at 81.50; No Entry;
But can give chances later in the day
TATASTEEL Choppy & Uncertain; Avoid, for now

We are withdrawing from this market, as we do not see any scope for any of our
Suggests at this time; With the exception of maybe BHARTIARTL and DISHTV;
But even these two are doubtful; Do not take any unnecessary risks in
haste that can take you to losses; It is best to Stay Away now.

The Nifty has developed a slight negative bias after our last Update; At 7290
now, struggling to hold 7300-level; As we said before, we will most probably
see some downside from here unless we get some positive trigger; 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; It will be best
to Stay Away from this market now.

 


 

Please also see our Today's Performance or Details page