IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 17-June-2016


 

SUGGESTS:

 

DABUR

 

HINDALCO

 

SYNDIBANK

 

ALSO SEE:

DISHTV

MOTHERSUMI

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 Friday, 17-June-2016

SMS Pre-Market

Suggests: DABUR HINDALCO SYNDIBANK;
Also See: DISHTV MOTHERSUMI TATAMOTORS;
Valid for: 17-June-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8170, 8200, 8240, 8290, 8350;
NIFTY Support levels are: 8090, 8060, 8030, 8000, 7950;

 


 

SMS-1

17June(10:00) Gap-up openng; Choppy;
See HINDALCO>120.50 TATAMOTORS>461;
Watch SYNDIBANK>72.30 DISHTV>96;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

We saw a 40-point gap-up opening for the Nifty today, at around 8180, but the
index has remained range-bound immediately after the opening; 8200-level was
not touched although global cues are supportive; Last night the US markets had
closed in the green after a five-day slide with a deterioration in odds of Britons
electing to leave the EU; Asian stocks rallied with the pound and crude oil after
campaigning around Britain's European Union membership vote was suspended
following the murder of a UK MP; Anxiety over the unchartered territory a vote
for Brexit could usher in had spooked the global markets for this whole week;
The Nifty50 has slipped below its crucial Support level of 8200 at the opening
yesterday, and we expect the same to be taken back today; There is Support
at 8130 and at 8060; Keep constant vigil; Do not be in a hurry to get in;
Consider all angles carefully before you Enter; 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
HINDALCO 120.50 117 123 125 490
TATAMOTORS 461 455 464 470 130

Also watch SYNDIBANK>72.30 and DISHTV>96 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

17June(11:00) Nifty in green; Going Flat; No Suggest gave profit;
See HINDALCO>120 SYNDIBANK>72.30 TATAMOTORS>461
now if Nifty turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DABUR Very Scrappy & Uncertain; Avoid, for now
HINDALCO See after 120 Going down; Can turn up; Watch this..
SYNDIBANK See after 72.30 We are hopeful; Can turn up; Watch this..
DISHTV Choppy & Uncertain; But watch after 96
MOTHERSUMI Scrappy, but can go up; Watch after 295
TATAMOTORS See after 461 Holding just below 460; Watch this..

Today also, none of our Suggests could produce any profits in the first hour,
but we are hopeful as we believe that the Nifty will go up towards 8200 at
some point today; If that doesn't happen, we will be in trouble; The Support at
8150 is holding for the Nifty as of now; Be careful about false starts as some
more downside is possible; Look at all aspects carefully before you decide to
Enter; 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

17June(12:30) Mkt in green; Uncertain; No Suggest gave profit;
TATAMOTORS Marginal; See DABUR>316 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DABUR See after 316 Scrappy but has slight positive bias; Careful..
HINDALCO Took a fall; Flat & Uncertain; Avoid, for now
SYNDIBANK Scrappy & Uncertain; Avoid, for now
DISHTV Going down; Avoid, for now
MOTHERSUMI Scrappy & Uncertain; Avoid, for now
TATAMOTORS In at 461, Out at 463
Marginal till now
There is still chance here; Watch carefully..

The expected upside in the Nifty never came; On the contrary, there seems to
be a slight negative bias coming into our markets now; Our Suggests have not
done any good, as was expected; But we are still hopeful with two, and all the
others might also contribute if the Nifty starts to move up again; Otherwise,
if the Nifty goes down to 8140 and lower, it will be better to avoid trading
in intraday; Do not lower your guard; Be careful of false starts; 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

17June(2:30) Mkt in green; Choppy; TATAMOTORS gave profit;
DABUR Marginal; Only TATAMOTORS>466 good for LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DABUR Marginal at 316 We do not see much scope in this in
the last hour; Best to Exit & Avoid
HINDALCO Choppy & Uncertain; Avoid
SYNDIBANK Scrappy & Uncertain; Avoid
DISHTV Going down; Avoid
MOTHERSUMI Scrappy & Uncertain; Avoid
TATAMOTORS Out at 465.70
See again above 466
Small chances still here in last hour; Careful..

Not much has happened with our Suggests after our last Update, mainly because
the Nifty has gone nowhere; It has remained choppy in the 8150-8180 range;
A slight negative bias might come in, in the last hour; If you have made some
profits with TATAMOTORS, protect it; If you have missed out, it will be better
to go profit-less today; Stay Away; Do not take any rash decision in the
last hour that can take you to losses; The Nifty will close flat or
slightly in the green today, around 8150-level.

 


 

Please also see our Today's Performance or Details page