IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 10-Mar-2016


 

SUGGESTS:

 

ASHOKLEY

 

RELINFRA

 

TATASTEEL

 

ALSO SEE:

ADANIENT

LICHSGFIN

PFC

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 Thursday, 10-Mar-2016

SMS Pre-Market

Suggests: ASHOKLEY RELINFRA TATASTEEL;
Also See: ADANIENT LICHSGFIN PFC;
Valid for: 10-Mar-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7570, 7600, 7660, 7700, 7760;
NIFTY Support levels are: 7490, 7440, 7380, 7350, 7310;

 


 

SMS-1

10Mar(10:00) Flat openng; Slight -ve bias;
See RELINFRA>523 PFC>173;
Watch TATASTEEL>299 LICHSGFIN>466.50;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

There was a soft, flat start to our markets today, with the Nifty starting out at
around 7540 and fluctuating just below the line at 7530 with a slight negative
bias; The psychologically important 7500-mark that was crossed yesterday on
closing, is still being held today morning; Meanwhile, US markets last night and
almost all Asian markets today morning are showing positivity of oil price uptick
and expectation of liquidity from ECB; For our market today, we expect the recent
positive outlook to continue but some consolidation might come in with some more
profit booking before we go up further beyond the next Resistance at 7570; First
Support is at 7460-7440; Be on your guard today as some sudden downside can
come; Be very vigilant; Consider all possible angles before you take a decision;
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 523 510 528 533 110
PFC 173 170 175 177 340

Also watch TATASTEEL>299 and LICHSGFIN>466.50 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

10Mar(11:00) Nifty has -ve bias; TATASTEEL gave small
profit; See RELINFRA>523 TATASTEEL>301 PFC>170
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY Going down; Avoid, for now
RELINFRA See after 523 Touched Trigger, but there was no Entry;
There is still chance here; Be careful..
TATASTEEL In at 299, Out at 301
See again after 301
There is chance for more, but be careful..
ADANIENT Going down; Avoid, for now
LICHSGFIN Going down; Avoid, for now
PFC See after 170 Going down now, but can turn around..

The general market trend is down and more profit booking can take the Nifty down
further; It is already at the Support of 7460, and can go down to 7440 now; But
that should hold; For our Suggests we do not see any prospects unless the general
market conditions improve; Some small profits have come our way, and if you have
managed to get some of it, or even if you haven't, it will be better to stay in the
sidelines now and watch from far what is happening; 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

10Mar(12:30) Mkt in red; Going down; No Suggest gave profit;
None look good for LONG now; All can profit if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Going down; Avoid, for now
RELINFRA This is no good today; Avoid, for now
TATASTEEL No further progress; Avoid, for now
ADANIENT Going down; Scrappy; Avoid, for now
LICHSGFIN Choppy, but holding; Watch after 464
PFC Going down; Avoid, for now

We do not have any expectations from our Suggests at this stage; Nothing will come
unless the general market starts to improve; Much will depend on whether ECB cuts
rate; Other Asian markets are going up in expecting a rate cut, but our markets are
facing profit booking; Watch Europe opening; Be prepared to go profit-less today
if you have missed out on TATASTEEL; 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

10Mar(2:30) Mkt in red; Choppy; ASHOKLEY gave a difficult
chance; No Suggest looks good for LONG now in last hour;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY In at 97, Out at 98 This was a sudden, difficult chance;
No further chances seen, Avoid
RELINFRA Choppy & Uncertain today; Avoid
TATASTEEL This is also Choppy & Uncertain today;
But this can give a last minute upsurge
ADANIENT Scrappy; Looks Risky; Avoid
LICHSGFIN Choppy, with no bias;
But can give a last minute upsurge
PFC Same here: Can give a last minute upsurge

Except for the difficult chance from ASHOKLEY, there was nothing else from our
Suggests since the last Update; But the Nifty had staged a come-back of sorts, and
gone back to 7500-level as Europe had opened on a positive note; Most markets in
Europe are still in the green and the Nifty should give some more upside before
closing; Based on this, we have shown some hope in 3 of our Suggests in the box
above; Needless to say, be very very careful now; Do not take any unnecessary
risks in haste in the last hour that can take away your profits, if any, and
push you towards losses; We expect the Nifty to hold 7500 at closing;
Today, we will close red.

 


 

Please also see our Today's Performance or Details page