IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 29-Feb-2016


 

SUGGESTS:

 

COALINDIA

 

LICHSGFIN

 

MOTHERSUMI

 

ALSO SEE:

DLF

HINDALCO

NTPC

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 Monday, 29-Feb-2016

SMS Pre-Market

Suggests: COALINDIA LICHSGFIN MOTHERSUMI;
Also See: DLF HINDALCO NTPC;
Valid for: 29-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7060, 7100, 7140, 7170, 7210;
NIFTY Support levels are: 7010, 6960, 6910, 6870, 6810;

 


 

SMS-1

29Feb(10:00) Gap-up openng; Choppy;
See LICHSGFIN>419 NTPC>122;
Watch MOTHERSUMI>224 HINDALCO>70.70;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Be very careful today, as there can be many sharp ups and downs as the Budget
speech goes on, depending on what the market gets, compared to expectations;
We had a 20-point gap-up opening for the Nifty, at around 7050, but the index
took a plunge downwards at the opening bell itself to go down to 7010; It is trying
to make up now and trading in the 7000-7030 range below the line; Some experts
think that the market could fall 2-to-3 per cent if the Budget disappoints; If there
are big negative surprises, the Nifty could even fall to 6500-level in the near term,
they say; But we will not get any serious down side till 6960-level is held, we feel;
On the upside, 7060 is still difficult to cross; But on a day like today, these levels
can be taken out in a flash; Wait till the situation is clear before jumping in today;
Best to Wait & Watch and remain in the sidelines till the market settles down;
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
LICHSGFIN 419 412 423 429 140
NTPC 122 119 124 125 490

Also watch MOTHERSUMI>224 and HINDALCO>70.70 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

29Feb(11:00) Nifty in red; Flat; No Suggest gave profit;
Only DLF>87.70 looks good at this time; You can also
see SBIN>165 if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
COALINDIA Stuck at 310 now; Can flare up..
LICHSGFIN Choppy at 415; Can go up sharply
MOTHERSUMI Choppy & Uncertain; Avoid, for now
DLF See above 87.70 Uncertain; But watch this carefully
HINDALCO Stuck at 70; Cam flare up
NTPC Going down; Instead of this, See SBIN>165

There was a serious mistake on our part where we gave NTPC instead of SBIN
in our final list today; There could have been good profits already if we had not
made this switch; Anyway, there is still time; The Budget speech has just started;
The market has to settle down before we can actually get in; The Nifty is at 7020
now, fluctuating in the 7000-7030 range; 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

29Feb(12:30) Mkt in red; Going down steadily; No Suggest
gave profit; None look good for LONG at this time;
Stay Away till market settles; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
COALINDIA Going down; Avoid for now
LICHSGFIN Going down; Avoid for now
MOTHERSUMI Choppy & Uncertain; Risky; Avoid
DLF There was a sharp chance from 87.70 to 88.40
that we could not catch; Watch after 87.50
HINDALCO Going down; But can turn around
NTPC Took a fall; Can turn around sharply

None of our Suggests could give any profits in LONG till now today, but we firmly
believe that we will get some chance in LONG before the day is over; Of course,
there was this sharp chance from DLF that was 'un-catchable'; The Nifty took a
small upside after our last Update and has started to fall after that; Several good
Supports have been breached and a low of 6825 has been touched from a high
of 7070; That means we had a near 250-point fall; The Nifty has bounced back
and is at 6920 now, in the red; 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

29Feb(2:30) Nifty Flat & Choppy; 4 Suggests gave profit;
LICHSGFIN>430 HINDALCO>70.50 still good for LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
COALINDIA Choppy & Uncertain; Risky; Avoid
LICHSGFIN In at 417, Out at 430
See again after 430
This has chances for more; But be careful..
MOTHERSUMI In at 224, Out at 229.50 Entry came via earlier level given;
Does not look good anymore; Avoid
DLF In at 87.50, Out at 92.70 Does not look good anymore; Avoid
HINDALCO In at 69.50, Out at 70.70
See again after 70.50
There can be more here in last hour
NTPC Choppy & Uncertain; Risky; Avoid

Good profits have come our way in an uncertain day; The Nifty has made a great
recovery, and that has given wings to some of our Suggests; If you have made even
one-fourth of what is shown above, you have done a very good job; Consider calling
it quits and taking home your profits now, specially since the Nifty has become flat
and quiet and uncertain; It is at 7050 now, marginally in the green; If you want to
stay on, 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 away your profits
and push you to losses; We expect the Nifty to close around 7050-level;
Today, we will close flat/green.

 


 

Please also see our Today's Performance or Details page