IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 17-Mar-2016


 

SUGGESTS:

 

HEXAWARE

 

ICICIBANK

 

NCC

 

ALSO SEE:

CIPLA

DISHTV

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 Thursday, 17-Mar-2016

SMS Pre-Market

Suggests: HEXAWARE ICICIBANK NCC;
Also See: CIPLA DISHTV TATAMOTORS;
Valid for date: 17-Mar-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7530, 7570, 7600, 7660, 7700;
NIFTY Support levels are: 7450, 7420, 7380, 7350, 7280;

 


 

SMS-1

17Mar(10:00) Gap-up openng; Choppy;
See HEXAWARE>273.50 DISHTV>83;
Watch ICICIBANK>235 NCC>73.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 60-point gap-up opening by the Nifty today, at around 7560, and good
positive trading is seen in our markets today after opening, on the back of
firm global cues as investors cheered the US Federal Reserve's decision to
hold interest rates steady yesterday night and reduce the number of interest
rate hikes expected this year to 2 from 4 earlier; The Nifty50 has reclaimed
its crucial psychological level of 7550 as this news is better than what the
Street had expected; We now feel that the positive bias seen in the late hours
yesterday will continue today morning, and the first target for the Nifty will be
the strong Resistance at 7600, before which there can be some consolidation;
First Support will now be at 7520; Do not get overenthusiastic in a trending
market; Be vigilant; Do not be in a hurry to get in; Choose your trade very
carefully; Be cautious about false starts; Consider all possible angles
before you take any decision; Once in, take 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
HEXAWARE 273.50 270 275.50 277 210
DISHTV 83 80 84.50 86 720

Also watch ICICIBANK>235 and NCC>73.50 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

17Mar(11:00) Nifty in green; Choppy; No Suggest gave profit;
See ICICIBANK>234 TATAMOTORS>366.50 now
if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
HEXAWARE Negative bias; Risky; Avoid, for now
ICICIBANK See after 234 Choppy but can turn up; Careful..
NCC Has given a small, sudden burst upwards;
Can turn up again; Watch after 73.50
CIPLA Choppy, but recovering; Watch after 533
DISHTV Stuck at 82.40; Avoid, for now
TATAMOTORS See after 366.50 Choppy but steady; Be careful..

No Suggest has given any result till now today, and none look very good at this
time; Getting profits in LONG in intraday is very difficult in a day like today when
the market opens big gap-up and stays flat or choppy at an elevation; For our
purpose in intraday, we require some movement to take advantage of, which
might not come today; You have to be extra careful of false starts; Do not let
your guard down; Do not be in a hurry to get in; Look at all possible aspects
carefully before you enter; 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

17Mar(12:30) Nifty Choppy; Holding 7550; No Suggest
gave profit; CIPLA Marginal; See ICICIBANK>234 now
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HEXAWARE Flat & Uncertain; Avoid, for now
ICICIBANK See after 234 There is still chance here; Careful..
NCC Scrappy; Looks Risky; Avoid, for now
CIPLA Marginal at 533 There can be chances here; Careful..
DISHTV Scrappy; Looks Risky; Avoid, for now
TATAMOTORS Slight negative bias; Avoid, for now

As we said in the last dispatch, today's market is very difficult to trade in
intraday for LONG; The problems had started from the very initial stages where
ADANIPORTS and AMBUJACEM were left behind when 6 Suggests were chosen
from the top-10; But there is still time; Some profits might still come our way;
But maybe only the best experts might be able to take advantage there; On the
most part, you should be prepared to go profit-less today; Stay in the sidelines
and keep watch; Wait for Europe opening; Be careful of false starts; Do not
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

17Mar(2:30) Mkt in green; Choppy; NCC gave difficult
profits; 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
HEXAWARE Has started to fall now; Avoid
ICICIBANK This is also going down; Avoid
NCC In at 73.50, Out at 74.30 These were Risky & Difficult profits;
No further prospects seen; Avoid
CIPLA No development after last Update;
No further prospects seen; Avoid
DISHTV Scrappy; Looks Risky; Avoid
TATAMOTORS Choppy & Uncertain; Risky; Avoid

As we expected in our last Update, profits from NCC would have required an
expert hand to get them properly; At this time, the Nifty is very choppy and
uncertain, but still holding 7550-level; Europe had opened in the green, but
is slowly going into the red now; There are no domestic cues; It will be best
to Stay Away from this market now; Go profit-less if you have to; Do not take
any unnecessary risks in haste in the last hour that can push you to losses;
We expect the Nifty to close around the 7550-level today; Support at
7520 should hold; Today we will close green.

 


 

Please also see our Today's Performance or Details page