IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 11-Feb-2016


 

SUGGESTS:

 

APOLLOTYRE

 

ICICIBANK

 

TATASTEEL

 

ALSO SEE:

COALINDIA

LICHSGFIN

POWERGRID

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, 11-Feb-2016

SMS Pre-Market

Suggests: APOLLOTYRE ICICIBANK TATASTEEL;
Also See: COALINDIA LICHSGFIN POWERGRID;
Valid for: 11-Feb-2016; For LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7250, 7300, 7350, 7380, 7430;
NIFTY Support levels are: 7170, 7120, 7080, 7050, 7020;

 


 

SMS-1

11Feb(10:00) Flat openng; Going down;
See ICICIBANK>206.50 LICHSGFIN>430;
Watch APOLLOTYRE>151 TATASTEEL>234;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty50 today, at around 7210, and it immediately
got a negative bias on the back of subdued global cues; US stocks gave
up early gains to close flat last night following news that US Fed is likely to
continue with gradual rate hike; Asian markets are trading lower today as
global uncertainties persist; The Sensex went down by over a 100-points in
morning trade today, and the Nifty opened below 7200 levels for the first
time since May 2014 to hit a fresh 52-week low of 7152.00; The index is at
7160 now, deep in the red, going down slowly; There is another critical long-
term positional Support at 7120; If this is breached, we might head down to
6850 very quickly; But before 7120, there is another Support at 7170 that will
have to be broken by the slide; Like in the last few sessions, be very careful
in LONG in a falling market; 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 upside continues;
See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ICICIBANK 206.50 203 209 213 290
LICHSGFIN 430 422 434 440 130

Also watch APOLLOTYRE>151 and TATASTEEL>234 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

11Feb(11:00) Nifty in red; Flat; No Suggest gave profit;
See APOLLOTYRE>151 ICICIBANK>206.50 TATASTEEL>234
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
APOLLOTYRE See above 151 Going up slowly; But be careful..
ICICIBANK See above 206.50 This is also going up slowly; Careful..
TATASTEEL See above 234 Flat & Quiet; But can give chances later
COALINDIA Flat at 308; But watch after 311
LICHSGFIN Scrappy and Uncertain; Avoid, for now
POWERGRID Going down; Avoid, for now

Today also, the general market is going down; And like in the last few days, the
first hour has not been fruitful for our Suggests, as can be expected; There are
three candidates now that look good at this time, but you have to be very careful
going forward; Be very careful of false starts; Keep constant watch; 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 is at 7145 now, which is a new yearly low; Support at 7170 has been
broken; But the next Support in the 7140-7120 area should hold for now, we feel;
In fact, a small turn-around can also be expected later today; But the going will
be difficult and this is not a market where you should be LONG for intraday;
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

11Feb(12:30) Mkt in red; Going Flat; No Suggest
gave profit; See LICHSGFIN>424 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Choppy & Flat; Avoid, for now
ICICIBANK Choppy & Risky; Avoid, for now
TATASTEEL Flat & Quiet; But keep watching..
COALINDIA Same here; Keep watching..
LICHSGFIN See above 424 Going up slowly, but be very careful..
POWERGRID Going down; Avoid, for now

No profits have come from any of our Suggests so far today; And no one looks
poised for profits in LONG at this time; The general market is flat, but there
is a distinct negative bias; Be prepared to go profit-less today; Even if you
get a very good chance in LONG, be very, very careful; 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 at 7135 now, trading quietly in the 7125-7150 range; It looks like
the slide downwards may have stopped for now; Europe opening is uncertain
and might be in the red; This will give no respite; However, the strong Support
at 7140-7120 is holding now, and we expect that to hold for some time; But the
downside will resume if we do not get any positive trigger now; Be very careful
as you go forward from here; Be prepared to go profit-less from here;
There should not be any losses today.

 


 

SMS-4

11Feb(2:30) Nifty falling fast; -ve bias; LICHSGFIN
gave small profit; No Suggest looks good for LONG
in last hour; Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Choppy & Flat; But Holding; This can shoot
upwards if the Nifty recovers; Keep watching..
ICICIBANK Going down; Risky; Avoid
TATASTEEL Going down; Might recover; Keep watching..
COALINDIA Going down; Risky; Avoid
LICHSGFIN In at 424, Out at 426.50 Going down now; Best to Avoid
POWERGRID Going down; Best to Avoid

Small profits have come from one Suggest and at this time two others are in
position to give some profits if the Nifty recovers and starts to go up; But
chances for that is very low; It is better to Stay Away from this market now
if you have got any profits from LICHSGFIN; Even if you have not, go profit
less today and Stay Away from here; Do not take any unnecessary risks in
haste in the last hour that can take you to losses; Protect your profits,
if any; Stay Away if you are not sure about what to do.

There has been no respite in the constant selling today; The Nifty is at 7030
now, deep in the red, having come down from 7130 after our last Update; That
is more than 100-point fall in between our 2 Updates; That is almost 200-points
down from yesterday's closing; For the Nifty, the level of 7000 looks shaky now;
All interim Supports have been breached; 6960-6950 is the next level where we
might get some relief; Europe opening was bad and all markets are over -3%
in the red; Even then, we see some respite in the last few minutes; At some
point now, the Nifty should bottom out and give some rebound; Maybe, we
will be lucky to hold 7000 at closing today; Do not take any unnecessary
risks now in the last hour; Best to Stay Away now; Today, we will close red.

 


 

Please also see our Today's Performance or Details page