IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 11-Mar-2016


 

SUGGESTS:

 

BHARTIARTL

 

PETRONET

 

TATASTEEL

 

ALSO SEE:

HINDALCO

ICICIBANK

TATAMOTORS

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, 11-Mar-2016

SMS Pre-Market

Suggests: BHARTIARTL PETRONET TATASTEEL;
Also See: HINDALCO ICICIBANK TATAMOTORS;
Valid for: 11-Mar-2016; For LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7530, 7570, 7600, 7660, 7700;
NIFTY Support levels are: 7440, 7380, 7350, 7280, 7240;

 


 

SMS-1

11Mar(10:00) Flat openng; Going good;
See ICICIBANK>217.50 TATAMOTORS>353;
Watch TATASTEEL>297 HINDALCO>85;
All for LONG if upsurge holds; See site -INTDAY

 

Update-1: 10:00am

Another flat opening for our markets today, with the Nifty starting out at around
7490 and has shown a slight positive bias immediately afterwards; The important
level of 7500 has been covered in the morning trade; Meanwhile, around the world
the ECB stimulus last night is not making any big impact, although almost all Asian
markets are in the green at this time; We have a domestic trigger in the form of IIP
as the government will announce Index of Industrial Production data for January
today; We expect the recent positive outlook to continue, but maybe with a small
pause; Resistance at 7570 is proving difficult to cross; First Support is still at 7460-
7440; 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 holds with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ICICIBANK 217.50 213 220 224 270
TATAMOTORS 353 346 357 361 160

Also watch TATASTEEL>297 and HINDALCO>85 if upsurge holds 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

11Mar(11:00) Nifty green & flat; No Suggest gave profit;
ICICIBANK Marginal; Hold ICICIBANK>217.50 if in;
See BHARTIARTL>338 if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL See after 338 Around 336 now; Can go up suddenly;
Be very careful..
PETRONET Choppy & Uncertain; Avoid, for now
TATASTEEL There is chance here after 297,
but be careful..
HINDALCO Choppy & Uncertain; Avoid, for now
ICICIBANK Marginal at 217.50
Hold>217.50, SL-213
It will be better to exit now and
re-enter after 218.50 is crossed
TATAMOTORS Choppy & Uncertain, but can turn around..

Not much scope is seen from our Suggests in LONG today, till now; The Nifty has
also taken a pause at the Resistance zone of 7530-7550 as was expected; Nothing
will happen unless the Nifty starts to move up again; The odd, quick chance can
always come your way, like with ASHOKLEY yesterday, but you have to be very
alert and quick to get any profit; Keep constant watch; Do not 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

11Mar(12:30) Mkt Flat on line; PETRONET gave small profit;
Only PETRONET>253 looks good for LONG now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Choppy & Uncertain; Avoid, for now
PETRONET In at 252, Out at 253.40
See again after 253
Entry came following PricePoints;
There is chance for more profits here
TATASTEEL No positive development after last
Update; Avoid, for now
HINDALCO This can turn around now; Watch after 84
ICICIBANK Marginal at 217.50; No positive move
after last Update; But watch after 216
TATAMOTORS This can still turn around..

Sharp, sudden profits have come from PETRONET in a replay of ASHOKLEY yesterday;
However, the Nifty seems to be getting back into positive gear after a fall into
the red zone, and is now inching back towards 7500; If the upside strengthens, we
will see some good prospects for our Suggests; The stand taken in the box above
is in expectation of this upside coming; Also wait for Europe opening; Be prepared
to go profit-less today if you have missed out on PETRONET; 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

11Mar(2:30) Nifty in green; Choppy; No Suggest gave profit;
Many Suggests look good for LONG if upsurge comes now
in last hour; Careful.. See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Uncertain, but watch after 337
PETRONET There is still chance after 253
TATASTEEL Choppy; This looks Risky; Avoid
HINDALCO This can still turn up; Watch after 84
ICICIBANK This can give another chance after 216
TATAMOTORS This can still turn up; Watch after 351

All of the above 'watch' levels are on the expectation that the Nifty will rise up
from the present level around the line to cross over 7550; Europe is solidly in
the green but there are no domestic cues; So, you never know; The Nifty might
just stay range-bound; In that case, nothing good will happen with our Suggests;
Be very careful and keep constant watch; Be prepared to go profit-less today if
you have missed out on PETRONET; Do not take any unnecessary risks in haste
in the last hour that can push you towards losses; We expect the Nifty to
close around 7500; Today, we will close green/flat.

 


 

Please also see our Today's Performance or Details page