IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 08-Mar-2016


 

SUGGESTS:

 

BHEL

 

RELINFRA

 

SBIN

 

ALSO SEE:

BALRAMCHIN

CHENNPETRO

TATASTEEL

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 Tuesday, 08-Mar-2016

SMS Pre-Market

Suggests: BHEL RELINFRA SBIN;
Also See: BALRAMCHIN CHENNPETRO TATASTEEL;
Valid for: 08-Mar-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7500, 7530, 7570, 7600, 7660;
NIFTY Support levels are: 7450, 7410, 7380, 7350, 7310;

 


 

SMS-1

08Mar(10:00) Flat openng; +ve bias;
See RELINFRA>480 BALRAMCHIN>98;
Watch BHEL>112 TATASTEEL>297;
All for LONG if upsurge strengthens; Details at site -INTDAY

 

Update-1: 10:00am

The Nifty has started off on a flat note, but with a positive bias, today
morning at around the psychologically important 7500-mark; But the mark
has not been crossed yet with surety, like last Friday when it was crossed
at least twice; Global markets are not very supportive today as Europe and
US had ended flat while Asian markets are almost all in the red at this time
on profit booking; For our market today, we expect the underlying positive
bias to continue and the Nifty should be able to reach the next Resistance
area of 7530-7550 in morning trade today; After that, 7570 will be further
targets today, unless we get some bad trigger; Support is at 7450-7410;
Be very vigilant; Be on your guard; Consider all possible angles before
you take a decision to get in; Choose your trade carefully; Do not be in
a hurry to get in; 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
RELINFRA 480 474 484 490 120
BALRAMCHIN 98 95 99 101 610

Also watch BHEL>112 and TATASTEEL>297 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

08Mar(11:00) Nifty in green; Flat; RELINFRA gave small
profit; Hold RELINFRA>482 if in; See BALRAMCHIN>98
TATASTEEL>297 if upside returns; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHEL Going down; Avoid, for now
RELINFRA In at 480, Out at 482
Hold>482, SL-474
This can give more profits today
SBIN Going down choppily; Avoid, for now
BALRAMCHIN See after 98 Very flat & quiet; Watch carefully..
CHENNPETRO Choppy, but watch after 207
TATASTEEL See after 297 This is also flat & quiet; Watch carefully..

We have hopes with RELINFRA and a couple of others, but much will depend on how
the Nifty will progress; 7500-level has not been crossed yet; Nothing much will
happen, we feel, unless 7500 is crossed by the Nifty and a definite positive bias
comes in; Keep constant watch; Don't be in a hurry to get in; 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

08Mar(12:30) Mkt Green & Choppy; RELINFRA gave profit;
Hold BALRAMCHIN>98; See RELINFRA>489 TATASTEEL>297
if mkt turns up; See Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Uncertain, but quiet; Watch after 110
RELINFRA Out at 488.50
See again after 489
This can give more profits today
SBIN Going down choppily; Avoid, for now
BALRAMCHIN In at 98
Hold>98, SL-95
Has started to rise; But be careful..
CHENNPETRO Going down; Avoid, for now
TATASTEEL See after 297 There are chances here; Watch carefully..

Good profits have come from RELINFRA and we look forward to some more from our
Suggests at this time; But TATASTEEL looks risky, be very careful; The Nifty is also
showing signs of weakness and finding it difficult to hold 7500-level; See how
Europe opens; Progress in our market may depend on that; Do not to take any
undue risks that can take you to losses; Stay Away, unless you know what
you are doing; We do not want any losses today.

 


 

SMS-4

08Mar(2:30) Mkt in red; -ve bias; 2 Suggest gave profit;
None looks good for LONG now in last hour;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Going down; Avoid
RELINFRA Out at 489.50 Going down now; No further prospects
seen in the last hour; Best to Avoid
SBIN Going down; Avoid
BALRAMCHIN Out at 102.70 Has flattened ouit now; There can be a
2nd chance, but best to Avoid this now
CHENNPETRO Going down; Avoid
TATASTEEL There are chances here; But Avoid,
unless there is a good jump

Good profits have come from RELINFRA BALRAMCHIN; This is it, for the day, and
we do not want you to stretch this any further; It will be best to quit this market
now and take home your profits; More so, because Europe is all in the red after a
drop in industrial metals prices following poor trade data from China, the world's
top metals consumer; There can still be a last minute jump upwards, but even then,
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 give a
closing around 7500 with a last minute push; Today, we will close flat.

 


 

Please also see our Today's Performance or Details page