IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 10-Feb-2016


 

SUGGESTS:

 

BHARTIARTL

 

EXIDEIND

 

TATASTEEL

 

ALSO SEE:

ICICIBANK

NTPC

RCOM

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 Wednesday, 10-Feb-2016

SMS Pre-Market

Suggests: BHARTIARTL EXIDEIND TATASTEEL;
Also See: ICICIBANK NTPC RCOM;
Valid for: 10-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7320, 7350, 7380, 7430, 7480;
NIFTY Support levels are: 7270, 7240, 7200, 7470, 7120;

 


 

SMS-1

10Feb(10:00) Gap-down openng; Choppy;
See ICICIBANK>205 NTPC>126;
Watch BHARTIARTL>312 EXIDEIND>129;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another 40-point gap-down opening for the Nifty50 today, at around 7260,
amid global volatility; US markets had managed to recover most intraday
losses last night to end marginally negative; But Japan is very weak today
morning as the Nikkei has fallen to lowest since Oct2014 as stress in their
banking sector lingers; At home, the Nifty50 has come under pressure and
is struggling to hold and trade above its crucial Support level of 7240; The
index is at 7240 now, in the red, showing a slight negative bias and likely
to go down further; The critical long-term positional Support at 7240 is still
technically holding; The next Support is at 7200; Like in the last 2 sessions,
be very careful in LONG today as strong selling might return; As always, be
patient, and chances will come in LONG; Choose your trade very carefully;
Be cautious about false starts; Once in, take small, small profit and exit;
Buy again, if the upside continues; See these if market
upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ICICIBANK 205 200 208 212 290
NTPC 126 123 128 130 470

Also watch BHARTIARTL>312 and EXIDEIND>129 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

10Feb(11:00) Nifty in red; Flat; No Suggest gave profit;
See BHARTIARTL>312 TATASTEEL>232 RCOM>57 now
if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL See above 312 Very Choppy & Uncertain; But keep a watch..
EXIDEIND Scrappy; Risky; Avoid, for now
TATASTEEL See above 232 Going down now; But can give chances later
ICICIBANK Flat at 204; Avoid, for now
NTPC Scrappy and Uncertain; But Watch after 125
RCOM See above 57 Choppy & going down; Watch carefully..

The situation is more of less like yesterday; We are not very confident with our
Suggests today also; And like yesterday, one or two odd profits might come in, for
which you will need to have an expert hand to capture; The Nifty has a negative
bias now, but might flatten out; 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 seems to have levelled out now and is trading in the 7210-7230
band for the last half-hour; Support at 7240-7200 is holding; Again, like yesterday,
there is every chance of the index breaking out from this narrow band, but it will be
in the positive direction today unless we get some negative trigger; We should go
back towards 7300 today; 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

10Feb(12:30) Mkt in red; Going Flat; RCOM gave small
profit; See TATASTEEL>232 RCOM>57.80 now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Stuck at 312; Low volume; But keep watchig..
EXIDEIND Scrappy; Low Volume; Watch after 128
TATASTEEL See above 232 Quiet, but Steady; Keep watching..
ICICIBANK Choppy & Ucertain; But watch after 205
NTPC Scrappy & Risky; Avoid, for now
RCOM In at 57, Out at 57.60
See again after 57.80
Choppy & low volume; Watch carefully..

Small profits have come from RCOM, and if there is no improvement in the overall
situation after Europe opening, you will have to remain satisfied with this today;
No matter what we have said in the box above; We are not confident with any of
our Suggests today till now for LONG; Keep constant watch; Be very careful of
false starts; Do not take any unnecessary risks in haste that can take you
to losses; It will be better to Stay Away from this market if the Nifty
does not improve; Stay Away if you are uncertain.

The Nifty is still choppy and range-bound after our last Update; Fluctuating now
in the 7210-7250 range; The upside we had expected towards 7300 has not come;
We have not even touched 7250 yet; The Nifty is at 7240 now, in the red, trying to go
up towards 7250; We will need some trigger to make this happen; Maybe, Europe
opening will give us that push; Be very careful as you go forward from here;
Protect your profits, if any; There should not be any losses today.

 


 

SMS-4

10Feb(2:30) Mkt in red; Recovering; 2 Suggests gave profit;
TATASTEEL>235.50 ICICIBANK>208 good for more in LONG
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Took a fall; Recovering; Can be Watched
after 312; But Best to Avoid in last hour
EXIDEIND Scrappy; Low Volume; Can be Watched
after 128; But Best to Avoid in last hour
TATASTEEL In at 232, Out at 235
See again after 235.50
This can give more profits today in last hour
ICICIBANK In at 205, Out at 208
See again after 208
This can give more profits today in last hour
NTPC Scrappy & Risky; Avoid in last hour
RCOM Scrappy & Risky; Avoid in last hour

Good profits have come from two of our Suggests after our last Update; More
profits can come from these two in the last hour if the upside in the Nifty
continues; The situation has changed after Europe opening, for the better;
But do not lower your guard; Get out at the slightest hint of downside;
Do not take any unnecessary risks in haste in the last hour that can
take you to losses; Protect your profits; Stay Away if youi are not
sure about what to do.

The Nifty had taken a fall after our last Update to go down from 7420 to
touch a low of 7180; But a recovery of sorts have come in at about 2pm and
the Nifty has bounced up from the low of 7180 to a high of just below the
7250-level; The Nifty is at 7545 now, still deep in the red; Europe opening
has been good and this has pulled our market up; But we do not expect 7300
level to be touched today; Even 7250 may not be held at the closing; Do not
take any unnecessary risks now in the last hour; Protect your profits;
Best to Stay Away now; Today, we will close red.

 


 

Please also see our Today's Performance or Details page