IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 16-Feb-2016


 

SUGGESTS:

 

DLF

 

SBIN

 

TATASTEEL

 

ALSO SEE:

ASHOKLEY

HAVELLS

PETRONET

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, 16-Feb-2016

SMS Pre-Market

Suggests: DLF SBIN TATASTEEL;
Also See: ASHOKLEY HAVELLS PETRONET;
Valid for date: 16-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7180, 7210, 7250, 7300, 7350;
NIFTY Support levels are: 7120, 7060, 7020, 6960, 6920;

 


 

SMS-1

16Feb(10:00) Gap-up openng; Choppy;
See DLF>91.50 ASHOKLEY>90.50;
Watch SBIN>168 TATASTEEL>250;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty50 today, just below 7200-level, but the
index has shown a negative bias after opening; It has fallen down 80-points to
almost 7120, in the red; Going choppy in 7120-7150 area now; Global markets
are supportive today as Europe had closed sharply positive yesterday and Asia
is almost all in green today morning; For the Nifty, 7120 is a Support area
that is holding now; Next Support is at 7060; We expect the Nifty to recover
to a level above 7150 and then to hold that level till further action; Later
in the day, 7200 for the Nifty will be possible, we feel, unless we get any
negative trigger; As before, be ready for a sudden downside as the market
trend has been negative throughout last week; Do not lower your guard;
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
DLF 91.50 89 93 94 650
ASHOKLEY 90.50 88 92 94 660

Also watch SBIN>168 and TATASTEEL>250 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

16Feb(11:00) Nifty on line; Recovering; No Suggest
gave profit; See SBIN>168 TATASTEEL>250 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DLF Choppy & Uncertain; Avoid, for now
SBIN See above 168 This is also choppy; But keep watching..
TATASTEEL See above 250 Flat & Quiet; Can go up..
ASHOKLEY This can turn postive; Watch after 90.50
HAVELLS Choppy & Uncertain; Avoid, for now
PETRONET Going down; Avoid, for now

None of our Suggests could do any good in the last hour, and no one looks very
confident of profits at this time; The general market is also not going anywhere;
You have to be alert about false starts in such uncertain times; Keep constant
watch; Do not take any undue 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 just below the line at 7160, coming up from the day's low of
7125; The index is trying to recover and we expect it to hold 7150-level;
Passage after this will depend on external inputs; Do not take any undue
risks at this stage; Any wrong move on your part can take you to losses;
Stay Away if you are not sure about what to do.

 


 

SMS-3

16Feb(12:30) Mkt in red; Uncertain; No Suggest gave profit;
See TATASTEEL>247 PETRONET>256 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DLF Going down choppily; Avoid, for now
SBIN This is also going down; Avoid, for now
TATASTEEL See above 247 Recovering after a fall; Watch this..
ASHOKLEY Holding steady; This can turn postive..
HAVELLS Choppy & Uncertain; Avoid, for now
PETRONET See after 256 Recovering after a fall; Watch this..

No Suggest has given any returns today till now, and none looks very positive at
this time; We will have to be ready to go profit-less today if the general market
condition does not improve; That is much better than getting into a loss; But a
good chance in LONG can always come your way even in such gloomy conditions;
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 negative trend of last week seems to have come back after one good day
on Monday; The Nifty is down at 7120 again, coming down from the line at 7160;
Although the Nifty is still range-bound in the 7120-7160 zone, we fear that some
small negative bias might now set in; The Support at 7120-7100 is still holding;
Global cues are still positive, and are being ignored by our markets till now; Wait
for Europe opening; Things might change from there; Do not lower your guard;
Be very careful as you go forward from here; Go profit-less if you have to;
There should not be any losses today.

 


 

SMS-4

16Feb(2:30) Mkt in red; -ve bias; TATASTEEL gave small
profit; No Suggest looks good for LONG now in last hour;
Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DLF Going down again; Avoid
SBIN This is going down steadily; Avoid
TATASTEEL In at 247, Out at 250.70 Going down now; Avoid
ASHOKLEY Going down; Avoid
HAVELLS Choppy & Uncertain; Avoid
PETRONET Going down; Avoid

Small profits have come from TATASTEEL and we are done for the day; The general
market is on the way down; There is no point in holding on; Best to Stay Away
now and take home your profits, if any; Do not take any unnecessary risks in
haste in the last hour that can ruin everything and take you to losses;
Stay Away now.

The negative trend for the Nifty continues; From 7120 the index is at 7060
now; In the morning, we had expected 7150 to be held - that did not happen;
Even 7100 has been breached and now 7050 is at risk; Asia has closed deep
in green, but Europe is trading mixed; We do not see much recovery in the
last hour; Best to Stay Away now; Today, we will close red.

 


 

Please also see our Today's Performance or Details page