IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 02-Mar-2016


 

SUGGESTS:

 

DLF

 

ICICIBANK

 

TVSMOTOR

 

ALSO SEE:

ITC

LICHSGFIN

PETRONET

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, 02-Mar-2016

SMS Pre-Market

Suggests: DLF ICICIBANK TVSMOTOR;
Also See: ITC LICHSGFIN PETRONET;
Valid for date: 02-Mar-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7250, 7300, 7350, 7380, 7430;
NIFTY Support levels are: 7200, 7150, 7130, 7100, 7060;

 


 

SMS-1

02Mar(10:00) Gap-up openng; Flat now;
See ICICIBANK>218 LICHSGFIN>454;
Watch DLF>102.20 TVSMOTOR>294;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another positive opening for the Nifty today, around 7320, following gains in
world markets as bright US data and fading recession fears have taken the DOW
up 350 points last night and Japan is over +4% up today morning; Other Asian
markets are also on two-month highs with oil prices rising; At home, the Nifty
has crossed another psychologically important level of 7300 at the opening
itself; The mood on the Street is positive as there is every chance of the RBI
making a surprise rate cut this week on government's commitment to meet
fiscal deficit targets; The Nifty is at 7320 now, in the green, but we expect
a pause in the 7310-7350 area before we approach the good Resistance at
7380; Support is now at 7250-7240; Do not lower your guard; Keep constant
vigil; Do not be in a hurry to get in; Choose your trade carefully; Consider all
possible angles before you take any decision; 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
ICICIBANK 218 213 221 225 270
LICHSGFIN 454 448 459 465 130

Also watch DLF>102.20 and TVSMOTOR>294 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

02Mar(11:00) Nifty in green, above 7350; 3 Suggests gave
profit; See DLF>108 LICHSGFIN>458 now if mkt
turns up again; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DLF In at 102.20, Out at 108.40
See again after 108
There can be more chances here later today
ICICIBANK In at 218, Out at 221 Going down now; Can turn up;
Watch after 220; Careful..
TVSMOTOR Choppy & Uncertain; Risky; Avoid, for now
ITC Going down; Avoid, for now
LICHSGFIN In at 454, Out at 457.70
See again after 458
There can be more here today
PETRONET Choppy & Uncertain; But watch after 252

Enough profits have already come from 3 Suggests in the first hour; There is chance
for some more profits later in the day, but if you have got your quota already, you
can take early leave today; The Nifty has levelled out in the 7340-7370 range,
as was expected; It will become difficult to hold 7350-level if we do not get any
fresh trigger now; It will be best to get out of this market and wait in the sidelines
and wait for positive action; Don't be in a hurry to get back in; Remain cautious
and vigilant; Keep constant watch; Be careful about false starts; Do not
take any unnecessary risks in haste that can take you to losses;
Stay Away if you are not sure about what to do.

 


 

SMS-3

02Mar(12:30) Mkt green & very Flat; No Suggest gave profit;
See DLF>108 TVSMOTOR>294 LICHSGFIN>458 if Nifty
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DLF See again after 108 There can be chances now..
ICICIBANK Going down quietly; Avoid, for now
TVSMOTOR See after 294 Choppy, but going up; Be careful with this..
ITC Uncertain; Risky; Avoid, for now
LICHSGFIN See again after 458 Uncertain; Be very careful with this also..
PETRONET This has disappointed; Avoid

In the box above we have shown hope in 3 Suggests and 3 others are 'Avoid', but
in reality, only DLF seems to have some actual chance; Even with DLF you have
to be extra careful, as the general market has stagnated and is going nowhere
at this time; So, we will say the same thing again: if you have made your profits
for the day, it will be best to quit this market and take home your profits;
Wait in the sidelines and wait for positive action; Don't be in a hurry to
get back in; Do not take any undue risks in haste that can push you
to losses; We do not want any losses today.

 


 

SMS-4

02Mar(2:30) Mkt in green; Choppy; DLF added profit;
Only ICICIBANK>220 looks good for more profits in
LONG if upsurge returns in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DLF Out at 110 Going flat and quiet at 108; No further
chances seen here; Best to Avoid this now
ICICIBANK See again after 220 Going up steadily from 214; Careful..
TVSMOTOR Choppy & Uncertain; Risky; Avoid
ITC Flat whole day at 320; Can flare up at any
time, but that will be very Risky; Avoid
LICHSGFIN Uncertain & Risky; Avoid
PETRONET This has disappointed today; Avoid

The Nifty continues to do a good job and 7380-level has been touched; This is
good Resistance and will require some trigger to cross; Global cues are good as
all of Asia and Europe are in the green; Our Suggests have also done a good job
today and it will be pointless to carry on in this market now, even with ICICIBANK;
Best to quit now and take home your profits; Do not take any unnecessary risks
in haste in the last hour that can take away your profits and push you towards
losses; We expect the Nifty to close above 7350; Today, we will close green.

 


 

Please also see our Today's Performance or Details page