IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 26-Feb-2016


 

SUGGESTS:

 

CHENNPETRO

 

ONGC

 

RCOM

 

ALSO SEE:

GRANULES

RECLTD

WIPRO

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, 26-Feb-2016

SMS Pre-Market

Suggests: CHENNPETRO ONGC RCOM;
Also See: GRANULES RECLTD WIPRO;
Valid for date: 26-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7010, 7060, 7100, 7140, 7170;
NIFTY Support levels are: 6960, 6910, 6870, 6810, 6780;

 


 

SMS-1

26Feb(10:00) Gap-up openng; Uncertain;
See ONGC>217 WIPRO>540;
Watch GRANULES>110 RECLTD>158;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Today we saw a good 70-point gap-up opening for the Nifty, at around 7040, as US
stocks have gone up overnight along with oil prices; Asian shares have also gained
today morning following reassurances from China on the Yuan; At home, Analysts say
sentiment are nervous before the Union Budget with the govt facing a tough task to
revive the economy while keeping fiscal deficit under check; After a brief visit to the
7050 area after the opening, the Nifty has come down to 7000 now showing a
slight negative bias; It is still very much in the green but holding above 7000
is becoming difficult; We expect the Nifty to level out and get into range bound
trading in the 7000-7030 zone for the most part today; There is Support at 6980-
6960, and 7060 will be difficult to cross on the upside today; 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 now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ONGC 217 213 220 224 270
WIPRO 540 532 544 550 110

Also watch GRANULES>110 and RECLTD>158 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

26Feb(11:00) Nifty in green; Range bound; No Suggest gave
profit; See CHENNPETRO>175 ONGC>217 GRANULES>110
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CHENNPETRO See above 175 Stuck at 173 now; Be very careful..
ONGC See above 217 Choppy, but holding steady; Careful..
RCOM Going down choppily; Avoid, for now
GRANULES See above 110 Uncertain; But watch this carefully
RECLTD Choppy & Uncertain; Avoid, for now
WIPRO Going down; Avoid, for now

Like yesterday morning, not much prospects seen in our Suggests as of now, but
there is still time; The Nifty has levelled out and has gone into range-bound trading
as was expected, holding 7000-level; Some upside might also come now; You should
remain cautious and vigilant; Keep constant watch; Be careful about false starts;
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

26Feb(12:30) Mkt in green; Range bound; No Suggest gave profit;
ONGC Marginal; See RCOM>53.70 RECLTD>157.50
if mkt turns up now; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CHENNPETRO Stuck at 171 now; Can still flare up suddenly
ONGC Marginal at 217 There can be chances here; But best to get
out Marginal now and re-enter after 218
RCOM See above 53.70 This can go up now; But be careful..
GRANULES Took a fall; Uncertain; Avoid, for now
RECLTD See above 157.50 Flat & Quiet, but keep watching..
WIPRO Flat after a fall; Can go up suddenly

Like in the last few days, the morning hours have not been productive for our
Suggests today also; But some of them are showing promise, and there is still
time; The Nifty is range-bound around the 7000-mark, as expected; Some upside
might come now as global cues are supportive and the Economic Survey for 2016
is being understood; You should continue to remain cautious; Be very careful
of false starts; Do not 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

26Feb(2:30) Mkt in green; +ve bias; RCOM gave small profit;
ONGC Marginal; See RCOM>54.20 RECLTD>157.50
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CHENNPETRO No chance seen in this anymore; Avoid
ONGC Marginal at 217 Stuck at 216.50 for a long time; Avoid
RCOM In at 53.70, Out at 54.10
See again after 54.20
This can give more; But be careful..
GRANULES Flat & Quiet; Uncertain; Watch after 108
RECLTD See above 157.50 There is still chance here; Keep watching..
WIPRO Flat at 532; Looks risky; Avoid

RCOM has come to the rescue once again, but the profits shown were very difficult
to get; The general market conditions are supportive and the Economic Survey is
being liked by the Street, it seems; The upside for the Nifty should continue till
7060; Our Suggests might give some returns, after all, in the closing hours; But
do not lower your guard; You should remain cautious, as before; Call it quits
at the right time; Do not take any undue risks in haste in the last hour that
can take you to losses; We expect the Nifty to close around 7050-level;
Today, we will close green.

 


 

Please also see our Today's Performance or Details page