IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 08-July-2016


 

SUGGESTS:

 

DABUR

 

EXIDEIND

 

ITC

 

ALSO SEE:

CAIRN

HINDALCO

SUNTV

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, 08-July-2016

SMS Pre-Market

Suggests: DABUR EXIDEIND ITC;
Also See: CAIRN HINDALCO SUNTV;
Valid for date: 08-July-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8360, 8400, 8430, 8470, 8500;
NIFTY Support levels are: 8320, 8290, 8240, 8200, 8160;

 


 

SMS-1

08July(10:00) Flat openng; Took a fall;
See DABUR>316 HINDALCO>127.50;
Watch EXIDEIND>177 ITC>245;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening today also for the Nifty, at around 8340, but the index has taken
a sudden sharp fall immediately after the opening to take the Nifty down till 8290;
Asian markets are down today morning on oil price issues; In our market, concerns
over the Tata's European business has reopened Brexit worries; But we expect the
Nifty to get back towards 8350 during the course of the day; Like before, there is
Resistance in the 8360-8400 zone that may be difficult to cross; First Support will
be at 8290; Time to remain careful; Keep constant vigil; Do not lower your guard;
Do not be in a hurry to get in and trade; Consider all angles carefully before you
Enter; Once in, take small profits and exit; Buy again, if upside continues;
See these if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DABUR 316 312 319 321 180
HINDALCO 127.50 125 129 132 470

Also watch EXIDEIND>177 and ITC>245 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

08July(11:00) Nifty in red; Uncertain; No Suggest gave
profit; See DABUR>316 CAIRN>147 now if mkt
turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DABUR See after 316 Flat & holding; Watch this carefully
EXIDEIND Going down; Avoid, for now
ITC Taken a fall; Recovering; Watch after 245
CAIRN See after 147 Holding at 145.50; Can flare up
HINDALCO Flat & uncertain; Avoid, for now
SUNTV Taken a fall; Avoid, for now

Today can be a repeat of yesterday; No profits have come in the first hour, and
the going seems to be difficult from here onwards; The Nifty is hovering just over
the 8300-mark, and our Suggests have no chance unless the Nifty starts to move up
with confidence; But the odd, sudden chance can always come; Keep constant vigil;
Watchout for false starts; Do not take any unnecessary risks in haste that can
take you towards losses; Stay Away if you are not sure about what to do.

 


 

SMS-3

08July(12:30) Mkt in red; Going Flat; No Suggest gave
profit; See ITC>245 SUNTV>378 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DABUR Going down; Avoid, for now
EXIDEIND Holding flat; Risky; Avoid, for now
ITC See after 245 Still Recovering; Watch carefully..
CAIRN Choppy; Risky; Avoid, for now
HINDALCO Holding flat; Watch after 127
SUNTV See after 378 Holding flat; Watch carefully..

Till now, today's position is much like yesterday; No profits, and no real chances
seen; The Nifty is still hovering just over the 8300-mark with no bias whatsoever;
Our Suggests have no chance to make any profits unless the Nifty starts to move
up with confidence; Like we said yesterday, in this kind of market things can get out
of hand with false starts; Be very careful; Unlike yesterday, Europe is not expected
to open good as world markets have taken a pause before the US Jobs data; But we
still feel that Nifty will make an attempt towards 8350 before the day is out; Do not
take any unnecessary risks that can push you to losses; Stay Away if you are not
sure about what to do; We do not want any losses today.

 


 

SMS-4

08July(2:30) Mkt in red; Recovering slowly; 2 Suggests gave
profit; Only ITC>246.50 looks good for more profits if
upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DABUR Very Sketchy & Uncertain; Risky; Avoid
EXIDEIND Holding flat; Low Volume; Risky; Avoid
ITC In at 245, Out at 246.50
See again after 246.50
Can give more, but be very careful..
CAIRN Choppy & Uncertain; Risky; Avoid
HINDALCO Holding flat; Uncertain; Risky; Avoid
SUNTV In at 378, Out at 381.50 There was a sharp chance that was missed by
many; Not much scope seen anymore; Avoid

The day has been saved by ITC and we feel that will be all today; No enthusiasm
is seen in the Nifty although Europe is mostly in the green; It is managing to hold
8300-level and our expected move towards 8350 might not happen today; It will not
be wise to push your luck any further today; Do not take any undue risks that can
push you to losses in the last hour; Protect your profits; Best to Stay Away
now; The Nifty will close in the red or flat today.

 


 

Please also see our Today's Performance or Details page