IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 23-Mar-2016


 

SUGGESTS:

 

DLF

 

TATASTEEL

 

TVSMOTOR

 

ALSO SEE:

BALRAMCHIN

SBIN

TITAN

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, 23-Mar-2016

SMS Pre-Market

Suggests: DLF TATASTEEL TVSMOTOR;
Also See: BALRAMCHIN SBIN TITAN;
Valid for date: 23-Mar-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7740, 7780, 7820, 7850, 7900;
NIFTY Support levels are: 7670, 7640, 7580, 7550, 7520;

 


 

SMS-1

23Mar(10:00) Flat openng; Going Choppy;
See DLF>117.50 TATASTEEL>314;
Watch BALRAMCHIN>104 SBIN>198;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat opening by the Nifty today, at around 7715, following mixed global
cues; After a knee-jerk response to the serial blasts in Brussels, D-Street and
European markets bounced back and Wall Street too managed to get small gains
last night; At home, the Nifty50 has formed a 'Hanging Man' pattern on the daily
candlestick charts yesterday, as it recovered 71 points from its intraday low of
7643 and closed above its crucial Resistance level of 7700; Follow-up action is
now required to confirm the trend, as yesterday's intraday selloff was caused
by geopolitical concerns - series of blasts in Brussels; Trend reversal might come
in if the index slips below 7630 level today, which will also be the last trading day
of the week; Some analysts think the Nifty is poised to hit the 7950 level in the
short term; Like yesterday, there is good Support at 7660-7630; On the upside,
fist Resistance is at 7740; Market will again be choppy today with slight negative
bias; Be alert about false starts; Do not let your guard down; Choose your trade
very carefully; Do not be in a hurry to get in; 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
DLF 117.50 114 119 121 510
TATASTEEL 314 310 317 319 190

Also watch BALRAMCHIN>104 and SBIN>198 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

23Mar(11:00) Nifty in red; Choppy around 7700;
No Suggest gave profit; See DLF>117 TATASTEEL>314
BALRAMCHIN>103.50 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DLF See after 117 Quiet & Holding; Be very careful..
TATASTEEL See after 314 This is also Holding; Be careful..
TVSMOTOR Going down; Risky; Avoid, for now
BALRAMCHIN See after 103.50 Going down now, but can turn up..
SBIN Choppy & Risky; Avoid, for now
TITAN Going down; Risky; Avoid, for now

None look really good at this time, but all our Suggests are capable of giving
profits in LONG provided the Nifty starts to go up from here; Situation today is quite
uncertain; The Nifty is approaching the Support at 7660; Our Suggests will have
scope if this holds and gives a bounce back; Otherwise we will have trouble;
As before, be very careful about 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

23Mar(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
DLF Has become Choppy; Avoid, for now
TATASTEEL This is also Choppy; Avoid, for now
TVSMOTOR Has flattened out; But can turn up..
BALRAMCHIN Choppy & Low Volume, but can turn up..
SBIN Choppy & Risky; Avoid, for now
TITAN Going down; Risky; Avoid, for now

Be prepared to go profit-less today; No Suggest looks good for LONG at this time,
and the Nifty is also going nowhere; Europe opening is uncertain and there are no
domestic cues; Hence, unless something drastic happens, we do not see much hope in
our Suggests from here; Keep watch from the sidelines; Wait and see what influence
Europe opening has in our market; Do not take any unnecessary risks that can take
you to losses; Stay Away, unless you know what you are doing; Remember, it is
better to go profit-less rather than get into losses;
We do not want any losses today.

 


 

SMS-4

23Mar(2:30) Mkt in red; Choppy; TATASTEEL gave small
profit; TATASTEEL>316 still good for more in LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DLF Choppy & Uncertain; Risky; Avoid
TATASTEEL In at 314, Out at 315.50
See again at 316
There can be more here; But be careful..
TVSMOTOR Going down; Avoid
BALRAMCHIN Low Volume; Going down; Avoid
SBIN Choppy & Risky; Avoid
TITAN Going down; Risky; Avoid

It has been sheer good luck with TATASTEEL, otherwise we were ready to go without
any profits today; No problems if you have not got any of it; As we said, it is better
to go profit-less rather than get into a loss; The Nifty has done nothing since the last
Update although Europe is mostly in the green shrugging off the Belgian crisis; Nifty
is holding 7700-level now, and a last minute upsurge for a green closing above 7715
is definitely on the cards; Do not take any unnecessary risks in haste in the last
hour that can push you to losses; Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page