IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 17-Feb-2016


 

SUGGESTS:

 

ADANIPORTS

 

NMDC

 

TATASTEEL

 

ALSO SEE:

NCC

RECLTD

VOLTAS

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, 17-Feb-2016

SMS Pre-Market

Suggests: ADANIPORTS NMDC TATASTEEL;
Also See: NCC RECLTD VOLTAS;
Valid for date: 17-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7080, 7140, 7170, 7210, 7250;
NIFTY Support levels are: 7010, 6960, 6910, 6870, 6810;

 


 

SMS-1

17Feb(10:00) Flat openng; Going down;
See ADANIPORTS>199 TATASTEEL>242;
Watch RECLTD>155 VOLTAS>232;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Our market had opened flat today, around 7060, on mixed Asian cues as confusion
among oil producing nations on output freeze continues; Last night US markets had
closed in the green while Europe had closed down; The Nifty has seen a small down
trend immediately after the opening that has taken it to a low of 6985, in the red;
We expect the slight negative bias to continue some more, but the Nifty will get
into range-bound trading before the strong Support at 6960-6940 is reached;
There can be more downside if 6940 is breached; On the upside, first Resistance
is around 7080-7100; As before, do not lower your guard; Choose your trade
very carefully; Be cautious about false starts; Once you get 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
ADANIPORTS 199 196 202 204 300
TATASTEEL 242 237 245 248 240

Also watch RECLTD>155 and VOLTAS>232 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

17Feb(11:00) Nifty in red; Flat; 2 Suggests gave profit;
Hold TATASTEEL>242 VOLTAS>232; See ADANIPORTS>203
RECLTD>159 again if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIPORTS In at 199, Out at 203
See again after 203
This can give more profits today
NMDC Choppy & Uncertain; Avoid, for now
TATASTEEL In at 242
Hold>242, SL-237
Best to get out Marginal with this now
and get back in after 243 is crossed
NCC This can turn postive; Watch after 63.50
RECLTD In at 155, Out at 158
See again after 159
Has flattened out, but can give more
VOLTAS In at 232
Hold>232, SL-228
This can give small profits today

Two of our Suggests have given adequate returns already in the first hour and
a few are looking confident of adding to the profits at this time; In spite of the
general market being in the red; But the Nifty is recovering, and our prospects
will become brighter if that happens; You have to be alert about false starts in all
situations; We already have one with TATASTEEL, and it will be best to get out
Marginal right now; Keep constant watch; Do not take any undue risks in haste
that can take you to losses; Stay Away if you are not sure about what to do.

The strong Support at 6960 had stopped the downward slide of the Nifty once
again, and the index has bounced up from there; It has been able to recover the
7000-level and is at 7020 now; We expect some more upside into the green region
now and range-bound trading around the line after that; Passage from there 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

17Feb(12:30) Mkt in red; Going Flat; 4 Suggests added profit;
See ADANIPORTS>207 RECLTD>161 again if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Out at 206.50
See again after 207
Has flattened out; But can give more today
NMDC Going down; But can turn up sharply..
TATASTEEL Out at 244 But this will be reported as Marginal today
as that is what we had said in last Update
NCC In at 63.50, Out at 64.40 Scrappy & Uncertain; No further prospects
seen with this; Avoid, for now
RECLTD Out at 160.50
See again after 161
Choppy & Uncertain, but can give more
VOLTAS Out at 237 Going down; No further prospects
seen with this; Avoid, for now

Good profits have come from our Suggests today, and it seems that we are done
for the day; No one looks very convincing for more profits at this time; The general
market has also become flat and quiet; Time to collect your profits and go home;
Do not take any undue risks in haste that can endanger your profits and take you
to losses; Best to Stay Away now unless the Nifty starts to move up again.

The Nifty had touched a high of 7050 after our last update and had gone up into
the green zone, exactly as we had expected; But it could not sustain above line
and has started to fall choppily from there; At 7020 now, in the red, trying to hold
the 7000-mark; It is difficult at this stage to predict which way the market will go
from here; Europe is expected to open good, but our market has been known
to neglect global cues in the last few days; Some more downside might come,
but again, Support at 6960 should hold; Do not lower your guard; Be very
careful as you go forward from here; Protect your profits;
There should not be any losses today.

 


 

SMS-4

17Feb(2:30) Nifty back on line; 2 Suggests added profit;
ADANIPORTS>210 TATASTEEL>247 RECLTD>161 still good
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Out at 210
See again after 210
Can give more profits in last hour
NMDC This has disappointed; Avoid
TATASTEEL Out at 247
See again after 247
Good chances have come, dispelling Marginal
status; Can give more in the last hour
NCC Scrappy & Uncertain; Looking risky; Avoid
RECLTD See again after 161 There is still chance here in last hour
VOLTAS Going down; No further prospects; Avoid

We are not done for the day, yet; Some more profits have come, and we expect
more in the last hour from 3 of our Suggests; But do not let down your guard;
The general market has been choppy today and can head downwards at any time;
Protect your profits; Do not take any undue risks in haste that can endanger your
profits and take you to losses; Stay Away if you are not sure about what to do.

The Nifty has come back up again into the green and is at 7080 now; As we had
said before, the Nifty should get into range bound trading now just above the line;
However some upside can also come as global cues are supportive; Europe opening is
good; Passage till the Resistance at 7080-7100 can be expected; Go ahead carefully
from here; Consider exiting at any time to protect your profits; Do not take any
hasty decisions that can put you into risks; Today, we will close green.

 


 

Please also see our Today's Performance or Details page