IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 16-Mar-2016


 

SUGGESTS:

 

BHARTIARTL

 

SBIN

 

TATASTEEL

 

ALSO SEE:

BALRAMCHIN

INDIACEM

TATAMTRDVR

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, 16-Mar-2016

SMS Pre-Market

Suggests: BHARTIARTL SBIN TATASTEEL;
Also See: BALRAMCHIN INDIACEM TATAMTRDVR;
Valid for: 16-Mar-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7500, 7540, 7570, 7600, 7660;
NIFTY Support levels are: 7420, 7380, 7350, 7280, 7240;

 


 

SMS-1

16Mar(10:00) Flat openng; Going Choppy;
See BALRAMCHIN>101 INDIACEM>78.70;
Watch SBIN>186 TATASTEEL>301;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat opening by the Nifty today, at around 7460, and choppy trading is
seen again by our markets today right after opening; Asian markets are mixed
today morning, and the US had closed uncertain last night, as investors await the
outcome of the 2-day US Federal Reserve policy meet which began yesterday; Fed's
2-day monetary policy meeting will end today; At home, the Nifty50 is now trading
below its crucial psychological level of 7450, in the red; The Nifty50 slipped below
its crucial Support of 7500 yesterday and made a large bearish candle on the daily
candlestick charts after making a 'Doji' pattern in the previous trading session;
This suggests weakness, and the weakness will be confirmed if Nifty50 consistently
trades below 7400 and closes below it; First Support is at 7420 today, with further
Support at 7380; On the upside, Resistance at 7570-7580 is yet to be crossed; Be
vigilant; Choose your trade carefully; Do not be in a hurry to get in; Be cautious
about false starts; Consider all possible angles before you take any decision;
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
BALRAMCHIN 101 97 103 105 590
INDIACEM 78.70 76.50 80 81 760

Also watch SBIN>186 and TATASTEEL>301 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

16Mar(11:00) Nifty in red; Flat; No Suggest gave profit;
See SBIN>185.50 TATASTEEL>300.50 INDIACEM>78.30
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL Uncertain & Risky; Avoid, for now
SBIN See after 185.50 Choppy but can turn up; Careful..
TATASTEEL See after 300.50 Can turn up; But be very careful..
BALRAMCHIN Uncertain & Choppy; Watch after 101
INDIACEM See after 78.30 Can give chances, but be careful..
TATAMTRDVR Choppy & Going nowhere; Avoid, for now

None of our Suggests have started to perform as yet today, and you have to be very
careful going forward from here onwards as the Nifty has continued with a negative
bias for the last 3 days; From a high of 7583 on Monday we are at 7420 now;
But the Nifty should level out now and some upside might come; If it does, our
Suggests will have good prospects; Do not let your guard down; Do not be in
a hurry to get in; Look at all possible aspects carefully before you enter;
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

16Mar(12:30) Mkt in red; Going Flat; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Stuck at 338; Can flare up sharply..
SBIN Took a fall; Can turn around..
Watch after 183.50
TATASTEEL This also has taken a fall and can turn up;
Watch after 298
BALRAMCHIN Uncertain & Choppy; Watch after 98.50
INDIACEM Can also give chances, but be careful..
TATAMTRDVR Flat at 259 since opening; Watch this..

We should be prepared to go profit-less today; All our Suggests have suffered losses
after our last Update and there is no sign of any reversal at this time; However, we
are hopeful that the Nifty will turn up at some point today and give our Suggests
some chance; Till then, you should remain in the sidelines and keep watch; There is
still time, and some odd, quick chance can always come; Wait for Europe opening;
Be careful of false starts; Do not to take any unnecessary 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

16Mar(2:30) Mkt in red; Recovering; No Suggest gave profit;
SBIN TATASTEEL TATAMTRDVR Marginal; All 3 looks good
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL No progress; Looks Risky; Avoid
SBIN Marginal at 183.50 Can give profits; Be very careful..
TATASTEEL Marginal at 298 This also has chances; Be very careful..
BALRAMCHIN Uncertain & Choppy; But can turn up
INDIACEM Can also give chances, but be careful..
TATAMTRDVR Marginal at 260 This can go up if the Nifty keeps up

Our Suggests are very uncertain today; While no profits have come till now, we are
not losing hope as Europe has turned positive on US Fed hopes, and we are getting
good bytes at home on Tata Group performance; And there are 2 Tata companies in
our Suggests today; Needless to say, you have to be very careful going forward with
Marginal cases; Once in, do not hold for long; Take minimal profit and exit; Get back
in if the Nifty and stock prices keep going up; At this time the Nifty is at 7450 and
we expect the 7500-mark to be tested before closing today; Support at 7420-
7400 has held strong; Do not take any unnecessary risks in haste in the
last hour that can push you to losses; Today, we will close green/flat.

 


 

Please also see our Today's Performance or Details page