IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 19-Feb-2016


 

SUGGESTS:

 

BHARTIARTL

 

ITC

 

TITAN

 

ALSO SEE:

PETRONET

WIPRO

ZEEL

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 Friday, 19-Feb-2016

SMS Pre-Market

Suggests: BHARTIARTL ITC TITAN;
Also See: PETRONET WIPRO ZEEL;
Valid for date: 19-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7210, 7250, 7300, 7350, 7380;
NIFTY Support levels are: 7120, 7060, 7010, 6960, 6910;

 


 

SMS-1

19Feb(10:00) Flat openng; Choppy;
See BHARTIARTL>327 ZEEL>384;
Watch ITC>304 WIPRO>548;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Our market opened on a flat note today morning, with the Nifty around 7160,
tracking mixed Asian markets and subdued trading in US stocks in overnight
trade on a fresh drop in crude prices; But we are seeing a slight positive bias in
the Nifty immediately after the opening that has taken the index into the green
zone till about 7195, just short of the crucial 7200-mark; Yesterday also, the
Nifty50 had crossed the important level of 7200 but could not sustain above it
and closed below this important Resistance; Dalal Street analysts believe the
momentum has turned positive on the daily charts; The Resistance at 7210 is
proving to be very strong for the last few days and needs to be crossed quickly
for any further movement upwards; The next Resistance is at 7250-7270; On
the downside, first Support is at 7130-7120; The Nifty is at 7170 now, in the
red, trading quietly in the 7170-7190 band; We expect range-bound trading
to continue for some time, till at least our next Update; Keep constant vigil;
Choose your trade very carefully; Be cautious about false starts; Once in,
take small, small profits 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
BHARTIARTL 327 322 330 336 180
ZEEL 384 378 388 391 150

Also watch ITC>304 and WIPRO>548 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

19Feb(11:00) Nifty choppy around line; No Suggest gave
profit; See PETRONET>248 ZEEL>383 now if mkt
turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL Stuck at 324; Can flare up suddenly..
ITC Stuck at 304; Can flare up suddenly..
TITAN Uncertain, but watch carefully after 338..
PETRONET See above 248 Choppy & Uncertain; But watch carefully..
WIPRO Choppy & Risky; Avoid, for now
ZEEL See above 383 This is also Uncertain; Watch carefully..

No profits have come till now from any of our Suggests, and none really look
promising after the first hour; You have to be very careful with all Suggests
today as the general market is very uncertain; You have to be alert about false
starts; 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 slight positive bias we saw immediately after the opening today seems to be
coming back now for the Nifty; The index is at 7190 now, on the line, coming up
from a low of about 7165 after our last Update; The Resistance at 7210 is still
holding strong, but will now be tested, we feel; 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

19Feb(12:30) Mkt on line; Going Flat; ZEEL gave profit;
See WIPRO>545 ZEEL>387 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Gave a scare at 324; Risky; Avoid, for now
ITC This also gave a scare at 304; Avoid, for now
TITAN Choppy & Uncertain; Risky; Avoid, for now
PETRONET Scrappy & Low Volume; Risky; Avoid, for now
WIPRO See above 545 Choppy, but might go up; Watch carefully..
ZEEL In at 383, Out at 387
See again after 387
Has started to fall; Be very careful..

Small profits have come from ZEEL and like in the last few days, you should
consider yourself lucky if you got some of it; And today also, it looks like you
have to be satisfied with that profit; Unless, of course, the Nifty gives a good
jump upwards later in the day; No Suggest really looks good for LONG at this
time; It will be best to Stay Away from this market unless the overall situation
improves; Stay in the sidelines and keep a constant watch; You have to be
careful of false starts; Do not take any undue risks in haste that can take
you to losses; Stay Away now unless the Nifty starts to move up.

The slight positive bias we thought we saw in the last Update, did not arrive; The
Nifty has remained flat and quiet around the line at 7190 since then; The Resistance
at 7210 is still holding strong, and was not tested again today; If we do not get any
positive trigger at this point, it will be very difficult to cross this level, and we might
start to slip downwards; 7150-level might get into trouble; The Nifty is at 7185
now, in the red; Keep constant vigil; Do not lower your guard; Be very careful
as you go forward from here; There should not be any losses today.

 


 

SMS-4

19Feb(2:30) Nifty has +ve bias; TITAN gave small profit;
ITC>306 ZEEL>386 still good for LONG if upsurge
holds now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Stuck at 326; Risky; Avoid, for now
ITC See above 306 Going up slowly; But be careful..
TITAN In at 338, Out at 340.50 Entry came following previous level;
Took a fall; Best to Avoid now
PETRONET Scrappy & Low Volume; Risky; Avoid
WIPRO Choppy, but might go up; Watch carefully..
ZEEL See again after 386 Has started to go up; Be very careful..

Small 'outside' profits have come from TITAN, but the general market situation
has started to improve, so there is hope again for more profits in the last hour;
Needless to say, you have to be extra careful now; As before, keep a constant
watch; Do not take any undue risks in haste that can take you to losses;
Stay Away now unless you are sure about what you are doing.

The Nifty has turned very choppy and is back now in the green zone, above the
7200-mark, after our last Update; From a low of 7155, the Nifty is at 7220 now;
Technically, the Resistance at 7210 is not crossed as yet, and is still holding;
As we said, before, this level will have to be crossed convincingly for any further
upside; Otherwise choppiness will return; However, we expect the Support at
7150-7130 to hold till closing today; Go ahead carefully from here; Protect
your profits, if any; Do not take any hasty decisions that can put you
into risks in the last hour; Today, we will close flat/green.

 


 

Please also see our Today's Performance or Details page