IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 10-June-2016


 

SUGGESTS:

 

CENTURYPLY

 

COALINDIA

 

NCC

 

ALSO SEE:

DISHTV

JINDALSAW

ORIENTBANK

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, 10-June-2016

SMS Pre-Market

Suggests: CENTURYPLY COALINDIA NCC;
Also See: DISHTV JINDALSAW ORIENTBANK;
Valid for: 10-June-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8240, 8290, 8350, 8380, 8430;
NIFTY Support levels are: 8180, 8130, 8060, 8030, 8000;

 


 

SMS-1

10June(10:00) Gap-down openng; Going Flat;
See NCC>77 ORIENTBANK>92.30;
Watch COALINDIA>315 DISHTV>93.20;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A slight gap-down opening was seen for the Nifty today, at around 8180, and
the index has remained flat and quiet just below the line around 8200-level
after the opening; Support at 8180 is still holding; Global cues are very weak
as the whole world is in the red as investors turned cautious ahead of the US
Federal Reserve meet and worries regarding 'Brexit', a UK referendum that could
push Britain out of the European Union; However, we feel that the Support at
8180 will hold for now, and some upside should come later in the day if the
Nifty can keep itself above 8200-level; Upside first target is getting past
8240-8250; Beyond that, as we have seen several times before, 8290-8300
is 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
NCC 77 75 78 79 770
ORIENTBANK 92.30 90 93.50 95 650

Also watch COALINDIA>315 and DISHTV>93.20 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

10June(11:00) Nifty in green; +ve bias; No Suggest gave profit;
See NCC>77 DISHTV>93.20 JINDALSAW>51 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CENTURYPLY Low Volume; Scrappy; Avoid, for now
COALINDIA Flat & Holding; Watch after 315
NCC See above 77 There is choppy positive bias; Careful..
DISHTV See above 93.20 This also has positive bias; Careful..
JINDALSAW See above 51 Holding steady; Can go up suddenly
ORIENTBANK Choppy & Uncertain; But watch after 92.50

No profits have come our way from any of the Suggests in the first hour, but
we are hopeful with a few now; The Nifty is already showing a slow positive
bias which can become stronger later in the day; The Support at 8220 is
holding, as expected; 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

10June(12:30) Nifty in green; Flat; DISHTV gave very small
profit; No Suggest looks good for LONG at this time;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CENTURYPLY Low Volume; Scrappy; Avoid today
COALINDIA Choppy; Looks Risky; Avoid, for now
NCC Scrappy but Holding; Avoid, for now
DISHTV In at 93.20, Out at 93.70 Going down; Not much prospects
seen from here; Avoid, for now
JINDALSAW Going down; Scrappy; Avoid, for now
ORIENTBANK Going down; Scrappy; Avoid, for now

As can be seen from the box above, we are not very hopeful with any of our
Suggests at this time; Very small profits have come from DISHTV; If you were
lucky to get any of that, take it home; Otherwise, be ready to go profit-less
today; The Nifty did go up to 8260, as we had expected, but it could not go
any further, or even hold on to that level; The index has started to fall once
again, and is at 8240 now, in the green; Europe is also not expected to open
good as oil prices are falling again; Be very careful going forward; Do not
take any unnecessary risks that can take you to losses; Go profit less if
you have to; Stay Away if you are not sure about what to do;
We do not want any losses today.

 


 

SMS-4

10June(2:30) Mkt in red; Uncertain; 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
CENTURYPLY Low Volume; Scrappy; Avoid
COALINDIA Choppy; Looks Risky; Avoid
NCC Choppy; Can Recover; But better to Avoid
DISHTV This also can recover, but best to Avoid
JINDALSAW Flat at 49; But best to Avoid
ORIENTBANK Can Recover; But better to Avoid

Looks like the market has flattened out and can recover from here, but it will
be better to avoid trading in intraday in LONG from here, unless you get a very
good chance; The day so far has not been good for our Suggests; None of them
could derive any benefit when the Nifty gave a surge from 8180 to 8260 today
morning; The Nifty is again back at the Support at 8180 and can bounce back
from here; But our Suggest might again draw a blank; This will be risky; World
markets are down; There are no domestic cues; Do not take any rash decision
in the last hour that can take you to losses; Best to Stay Away now;
We expect the Nifty to close flat or in the red today, around 8200.

 


 

Please also see our Today's Performance or Details page