IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 21-June-2016


 

SUGGESTS:

 

BHARTIARTL

 

DLF

 

TATAMOTORS

 

ALSO SEE:

CANBK

JETAIRWAYS

TATASTEEL

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 Tuesday, 21-June-2016

SMS Pre-Market

Suggests: BHARTIARTL DLF TATAMOTORS;
Also See: CANBK JETAIRWAYS TATASTEEL;
Valid for: 21-June-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8290, 8350, 8380, 8430, 8470;
NIFTY Support levels are: 8210, 8180, 8130, 8090, 8060;

 


 

SMS-1

21June(10:00) Flat openng; Choppy now;
See BHARTIARTL>366 CANBK>213;
Watch TATAMOTORS>482 TATASTEEL>338;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty, at around 8250, and choppy, uncertain trading was
seen at the opening trade in our markets today; Asian markets are mostly good
as recent polls show British voters might opt to remain in the European Union
in this week's referendum; US stocks were also up last night before the US Fed
annual 'stress tests' and the advancing oil prices; At home, yesterday's series of
fresh FDI reforms do not seem to have too much effect in the market today, and
a slight negative bias might come in the morning today; The Nifty is still holding
8200-level but is in the red now; As we have said before, 8240-8250 will have
to be crossed convincingly for further upside; Next Resistance is range of 8290-
8300 from where profit-booking downsides have been triggered several times in
the past; Yesterday's Resistance at 8210 will now act as first Support, with more
Support at 8180 and 8130; 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
BHARTIARTL 366 360 371 375 160
CANBK 213 208 216 219 280

Also watch TATAMOTORS>482 and TATASTEEL>338 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

21June(11:00) Nifty in red; Very Flat; CANBK gave profit;
TATAMOTORS Marginal; See CANBK>216.50 JETAIRWAYS>588
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL Choppy & Uncertain; Avoid, for now
DLF Flat & Quiet; Avoid, for now
TATAMOTORS Marginal at 482 Best to exit Marginal and Avoid this for now
CANBK In at 213, Out at 216.30
See again after 216.50
There can be more profits here
JETAIRWAYS See after 588 Recovering after a fall; Watch carefully..
TATASTEEL Going down; Avoid, for now

Some profits have already come from one Suggest in the first hour, and we are
hopeful with a few of them at this time; There is concern about TATAMOTORS, if
you have taken entry, as you might get into a loss if you cannot exit as Marginal;
But very few members would have taken entry anyway; The Nifty, meanwhile,
has remained very flat at the 8220-level, in the red, and some trigger will be
required to get it past the Resistance at 8240; As said before, this zone will
be difficult to cross; Be careful about false starts; 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

21June(12:30) Mkt in red; Uncertain; CANBK added small
profit; TATAMOTORS Marginal; None looks good for
LONG now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Choppy & Uncertain; Avoid, for now
DLF Going down; Avoid, for now
TATAMOTORS Marginal at 482 Gave chance to go Marginal at 482;
Uncertain; Avoid, for now
CANBK Out at 216.70 Looks Uncertain now; But there
can still be chance slater today
JETAIRWAYS Just touched Trigger at 588; No Entry was
possible as even 588.50 was not touched;
But this can still give chances later today
TATASTEEL Going down; Avoid, for now

We are not very enthusiastic with our Suggests at this time; The Nifty seems to
be developing a slight negative bias; It will be better to avoid this market if that
happens; Otherwise, if the Nifty starts to go up, we will have opportunity with all
our Suggests; It will be best to wait now for further developments; Do not lower
your guard; Be careful of false starts, as always; Do not take any unnecessary
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

21June(2:30) Mkt in red; Very Flat; TATAMOTORS gave profit;
No Suggest looks good for LONG now; All can profit if upsurge
comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Choppy & Uncertain; Avoid
DLF Took a fall; Choppy now; Avoid
TATAMOTORS In at 482, Out at 485.80 Gave profits if you were patient; Has become
choppy again; But can give another chance..
CANBK No further developments after last Update;
Looks Uncertain now; But can surge up again
JETAIRWAYS Looks Risky; Let's not follow this anymore
TATASTEEL Choppy & Uncertain; Best to Avoid

We will tell you now to Stay Away from this market and watch from the sidelines;
Consider getting in only if you get a very good opportunity; Stay Away even if you
have the slightest of doubts; The Nifty has been holding 8200-level but has not
even made any attempt to cross the barrier at 8240 in the whole day till now;
Global cues are uncertain as Europe is mixed even as Brexit fears have decreased;
There are no domestic news; There might be an effort by the Nifty to cross over
the 8240-mark by closing time, but do not bank on it for taking any action now;
Protect your profits; Do not take any rash decision in the last hour that can
wipe off your profits and push you to losses; The Nifty will close flat today.

 


 

Please also see our Today's Performance or Details page