IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 22-June-2016


 

SUGGESTS:

 

ARVIND

 

ONGC

 

TATAMOTORS

 

ALSO SEE:

ASHOKLEY

HINDALCO

RECLTD

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, 22-June-2016

SMS Pre-Market

Suggests: ARVIND ONGC TATAMOTORS;
Also See: ASHOKLEY HINDALCO RECLTD;
Valid for: 22-June-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8240, 8290, 8350, 8380, 8430;
NIFTY Support levels are: 8180, 8130, 8090, 8060, 8030;

 


 

SMS-1

22June(10:00) Flat openng; Going Choppy;
See ARVIND>335 ONGC>220;
Watch HINDALCO>123 RECLTD>173;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Our market opened on a cautious note today morning, with the Nifty opening flat at
around 8210 in the red, as market leaders analysed the effects and how the vote on
Brexit on Thursday may affect world investments; US stocks closed slightly higher last
night after US Fed's Janet Yellen took a cautious tone on interest rates; Asian markets
are mostly in the green as investors count down to Brexit referendum on Thursday,
which is not looking all that bad now; Many experts believe that Financial Markets
are getting 'Brexit' wrong; The Nifty is still holding 8200-level but is choppy above
the line at 8230 at this time; 8240-8250 is still a difficult Resistance to cross and
it has to be crossed convincingly for further upside; Next Resistance is at 8290-
8300 from where profit-booking downsides have been triggered several times
in the past; First Support is still at 8210, 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
ARVIND 335 329 338 342 170
ONGC 220 217 223 225 270

Also watch HINDALCO>123 and RECLTD>173 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

22June(11:00) Nifty choppy around line; No Suggest gave profit;
See ONGC>219.50 HINDALCO>122 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ARVIND Took a fall; Uncertain; Avoid, for now
ONGC See after 219.50 Flat & Quiet; Watch carefully..
TATAMOTORS Going down; Avoid, for now
ASHOKLEY Going down; Avoid, for now
HINDALCO See after 122 Recovering after a fall; Watch carefully..
RECLTD Choppy & Uncertain; But watch after 173

Today's market is difficult to play in Intraday; The Nifty is choppy around the
line and going nowhere; Taking position in LONG will be very risky at this time;
It will be best to Stay Away from this market and wait in the side lines; Get in
only when you get a very good opportunity; 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; It is far better to go
profit-less rather than get into a loss; Stay Away if you are
not sure about what to do.

 


 

SMS-3

22June(12:30) Mkt in red; Going Flat; No Suggest gave profit;
See TATAMOTORS>476 HINDALCO>122 if mkt turns up;
Await Europe openng; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Took a fall; Stuck at 325; Can flare up
ONGC Flat & Scrappy; Avoid, for now
TATAMOTORS See after 476 Recovering after a fall; Watch carefully
ASHOKLEY Stuck at 100.50; Avoid, for now
HINDALCO See after 122 Still Recovering; Keep Watching..
RECLTD Choppy & Uncertain; Avoid, for now

The situation is still grim for our Suggests and none look really good at this
time; The Nifty has gone down into the red and has become flat around 8215; It
will again come up above the line and into the green today, but going beyond the
Resistance at 8240 will be difficult without some outside help; Taking position
in intraday in LONG will be very risky at this time; Wait for Europe to open and
then take a call; If the Nifty starts to go up, we will have opportunity with all
our Suggests; Get in only when you get a very good opportunity; 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

22June(2pm) Nifty in red; Took a fall; ARVIND gave sudden
profit; No Suggest looks good for LONG now in last period;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2pm

Suggest Action - for LONG Comments
ARVIND In at 327, Out at 332.50 Sudden flare up gave profits, as expected;
There can be more here, but be careful..
ONGC Took a fall; Recovering; Best to Avoid
TATAMOTORS Going down again; Avoid
ASHOKLEY This is also going down; Avoid
HINDALCO Expected upside never came;
But we still have hopes after 122
RECLTD Choppy & Going down; Avoid

Some difficult profits have come from ARVIND after our last Update; If you have
got some of it, you are lucky; Protect your profits; If you haven't, you are not
alone; Going profit-less is better than getting into a loss; The Nifty has taken
a beating from 8220 till the Support at 8160, which is still holding; Global cues
are mixed as European markets are on edge ahead of UK Brexit vote; And there
are some more mud slinging in our central government; Although the Nifty might
make a try to recover and get back to the line at 8220 before the closing, ir will
be better to avoid this market unless you get a very good opportunity; 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 red today.

 


 

Please also see our Today's Performance or Details page