IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 09-June-2016


 

SUGGESTS:

 

AMBUJACEM

 

ARVIND

 

ORIENTBANK

 

ALSO SEE:

CENTURYPLY

NCC

TATAGLOBAL

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, 09-June-2016

SMS Pre-Market

Suggests: AMBUJACEM ARVIND ORIENTBANK;
Also See: CENTURYPLY NCC TATAGLOBAL;
Valid for: 09-June-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8300, 8350, 8380, 8430, 8470;
NIFTY Support levels are: 8250, 8220, 8180, 8130, 8060;

 


 

SMS-1

09June(10:00) Flat openng; -ve bias;
See CENTURYPLY>178 TATAGLOBAL>127;
Watch ARVIND>317 ORIENTBANK>90.50;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening was seen for the Nifty today, at around 8270, but the index
took a small fall immediately after the opening to go down to the 8250-level;
This is a good Resistance level and had held strong in the past, but today it
was unable to prevent the Nifty from going down further; Last night, the US
market continued their winning streak with the Dow rising for the third straight
day to end above 18000; It is now poised to reach life-time highs on rising oil
prices; However, most Asian stocks are in the red right now ahead of BOJ and
US Fed Meetings; In our market, the Nifty has developed a negative bias and is
falling sharply towards the next Support at 8220; We expect to see some ups
and downs today, but 8250 will be recovered today, we feel; Support at 8220
should hold; On the upside, as we have seen several times before, 8290-8300
is still a tough Resistance to break and it will require some strong trigger to get
past that level in the next few sessions; Keep constant vigil; Do not be in a
hurry to get in; Consider all angles carefully before you decide to take entry;
Once in, take small profits and exit; Buy again, if the upside continues;
See these if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CENTURYPLY 178 173 180 183 330
TATAGLOBAL 127 123 129 132 470

Also watch ARVIND>317 and ORIENTBANK>90.50 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 Suggests are for LONG trades; Stay Away, if not sure.

 


 

SMS-2

09June(11:00) Nifty in red; Flat at 8230; 2 Suggests gave
profit; See ARVIND>319 ORIENTBANK>91.50 NCC>75.60
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AMBUJACEM Going down; Avoid, for now
ARVIND In at 317, Out at 318.80
See again above 319
Can go up further today; Watch carefully..
ORIENTBANK In at 90.50, Out at 91.50
See again above 91.50
This can give more profits today
CENTURYPLY Scrappy & Low Volume; Avoid, for now
NCC See above 75.60 Flat & holding; There can be chance here
TATAGLOBAL Choppy & Uncertain; Avoid, for now

Some profits have come from 2 of our Suggests in the first hour itself today, and
we expect some more to definitely come later today; However, like yesterday,
the Nifty is not going anywhere; It has remained flat and quiet around 8230
after the initial fall; The Support at 8220 is holding, as expected; All our
Suggests have chances for profits in LONG if the Nifty starts to move up
now; Hold your patience; Do not take anything for granted; Do not
take any undue risks in haste that can take you to losses;
Stay Away if you are not sure about what to do.

 


 

SMS-3

09June(12:30) Mkt in red; Going Flat; 2 Suggests gave profit;
NCC Marginal; See ORIENTBANK>93 CENTURYPLY>184.50
now if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AMBUJACEM Going down; Avoid, for now
ARVIND No further development; Avoid, for now
ORIENTBANK Out at 92.70
See again above 93
Has come down; Can go up again..
CENTURYPLY In at 178, Out at 184.50
See again after 184.50
Has also come down; Can go up again..
NCC Marginal at 75.60 Best to Exit as Marginal and avoid this now
TATAGLOBAL Choppy & Uncertain; Avoid, for now

ORIENTBANK has added to its profits after the last Update and profits have come
in CENTURYPLY following previously given levels; At this time no Suggest actually
looks good for profits in LONG but there are a few that can prosper if the Nifty
starts to go up; It will be best to Stay Away from this market now and wait in the
sidelines for some more action; Nifty needs some external trigger to break out
from this range; Keep your patience, and your vigil; Do not take anything for
granted; Do not take any undue risks that can take you to losses; Stay Away
if you are not sure about what to do; We do not want any losses today.

 


 

SMS-4

09June(2:30) Mkt in red; -ve bias; No Suggest gave profit;
No Suggest looks good for LONG at this time; Best to
Stay Away now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMBUJACEM This has disappointed today; Avoid
ARVIND No further development; Avoid
ORIENTBANK Going down; No further prospects; Avoid
CENTURYPLY Going down; No further prospects; Avoid
NCC Marginal at 75.60; Choppy; Avoid
TATAGLOBAL Going down; Disappointing; Avoid

We do not see any further reason for staying in this market; Best to Stay Away
now and take home your profits; The Nifty continues on the way down and the
Support at 8220 has been broken; The Index is at 8190 now; While we expect a
bounce back from the Support at 8180, it will be best to avoid this market now
unless you get a very good opportunity; Do not take any rash decision in the
last hour that can take you to losses; Best to Stay Away and protect your
profits; We expect the Nifty to close in the red today, around 8200.

 


 

Please also see our Today's Performance or Details page