IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 24-Feb-2016


 

SUGGESTS:

 

APOLLOTYRE

 

CROMPGREAV

 

RCOM

 

ALSO SEE:

HEXAWARE

NMDC

ONGC

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, 24-Feb-2016

SMS Pre-Market

Suggests: APOLLOTYRE CROMPGREAV RCOM;
Also See: HEXAWARE NMDC ONGC;
Valid for date: 24-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7140, 7170, 7210, 7250, 7300;
NIFTY Support levels are: 7060, 7010, 6960, 6910, 6870;

 


 

SMS-1

24Feb(10:00) Gap-down openng; Going flat;
See APOLLOTYRE>165 NMDC>84.50;
Watch RCOM>53.20 ONGC>212;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-down opening for the Nifty today morning, at around 7070, following
another sell-off in the US markets as oil prices have fallen again; The DOW closed
-1.15% down and all Asian markets are deep in the red at this time; For our market,
volatility cannot be ruled out ahead of the expiry of February derivative contracts
tomorrow; The important Support at 7120 and the psychological level of 7100 for
the Nifty have been lost at the opening today; The index is fluctuating around
7060 now; This is the first Support; Next Support is at 7010; A fall till that level
cannot be ruled out today; On the upside, first Resistance will be at 7140; Keep
constant vigil; Choose your trade 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
APOLLOTYRE 165 161 167 169 360
NMDC 84.50 82 86 88 710

Also watch RCOM>53.20 and ONGC>212 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

24Feb(11:00) Nifty in red; Choppy; No Suggest gave profit;
APOLLOTYRE Marginal; See RCOM>53.20 NMDC>84.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
APOLLOTYRE Marginal at 165 Get out Marginal now; See again after 166
CROMPGREAV Going down; Avoid, for now
RCOM See above 53.20 Going up choppily; Be very careful..
HEXAWARE Choppy & Uncertain; But watch after 241
NMDC See above 84.50 Flat & Quiet; Keep watching..
ONGC Going down; Avoid, for now

We already have a false start in the first hour today; A few Suggests show small
promise at this time, but not much is expected from our Suggests today unless the
Nifty starts to climb up; However, a slight negative bias seems to be coming in,
instead; Support at 7010 is expected to hold; Be careful about more 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.

 


 

SMS-3

24Feb(12:30) Mkt in red; Choppy; RCOM gave profit;
APOLLOTYRE Marginal; Hold RCOM>54; No other looks
good for LONG; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Marginal at 165 Still stuck at 165; But there is good
chance that this will jump up suddenly
CROMPGREAV Choppy & Uncertain; Avoid, for now
RCOM In at 53.20, Out at 54
Hold>54, SL-53
Be very careful while holding this..
HEXAWARE Choppy & Low Volume; Avoid, for now
NMDC Going down; Avoid, for now
ONGC Can give chance later; Watch after 211.50

Some profits have come from RCOM and two others look good for LONG at this time;
The Nifty is also recovering; But be very careful of false starts; Don't be in a
hurry to get in; Do not take any undue risks in haste that can push you to
losses; Stay Away, unless you are sure of your actions;
We do not want any losses today.

 


 

SMS-4

24Feb(2:30) Mkt red & Choppy; RCOM added profit;
APOLLOTYRE also managed some profit; None good for
LONG in last hour; Best to Stay Away now; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Out at 166.30 This has paid if you have held on;
There is no further hope now; Avoid
CROMPGREAV Choppy & Going down; Risky; Avoid
RCOM Out at 54.60 There is still some chances here,
but be very careful; Best to Avoid
HEXAWARE Choppy & Low Volume; Risky; Avoid
NMDC Going down; Avoid
ONGC Choppy & Risky; Avoid

Adequate profits have come from two of our Suggests; No one looks good for more
profits in the last hour; You should be satisfied with what you have got, if any,
and call it quits at this stage; The Nifty has been very choppy and has seen many
ups and downs throughout the day, as can be expected just before Expiry; But we
expect 7020 to hold for the day; Best to Stay Away now; Do not take any undue
risks in haste that can take you to losses; Today also, we will close red.

 


 

Please also see our Today's Performance or Details page