IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 13-July-2016


 

SUGGESTS:

 

CAIRN

 

ICICIBANK

 

TATASTEEL

 

ALSO SEE:

MOTHERSUMI

NCC

TATAMTRDVR

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, 13-July-2016

SMS Pre-Market

Suggests: CAIRN ICICIBANK TATASTEEL;
Also See: MOTHERSUMI NCC TATAMTRDVR;
Valid for 13-July-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8560, 8590, 8620, 8660, 8690;
NIFTY Support levels are: 8480, 8440, 8390, 8340, 8310;

 


 

SMS-1

13July(10:00) Gap-up openng; Going good;
See CAIRN>178 TATASTEEL>353;
Watch MOTHERSUMI>296 NCC>82.50;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

There was a small gap-up opening for the Nifty today also, at around 8540,
but the index had slipped to 8520-level immediately after the start; This
level is being held since that time; Last night both the Dow and the S&P had
given life-time highs in the US and Europe has managed to erase Brexit losses;
Asian markets have been positive till now, but can go into consolidation mode;
In our market, there is some down sentiment as retail inflation that was out
after market hours yesterday, showed an increase to a 22-month high in June,
dashing hopes of a rate cut by RBI in August; This might lead to some held-
back trading by the Nifty today, and 8560 will be a tough Resistance to cross;
But we do not expect any significant downside specially if global cues remain
positive; There is Support at 8500-8480; Do not lower your guard; Remember,
there is every chance of a sharp profit booking fall from such high levels;
Keep constant vigil; 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 holds
now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CAIRN 178 173 181 184 330
TATASTEEL 353 345 356 360 160

Also watch MOTHERSUMI>296 and NCC>82.50 if upsurge holds 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

13July(11:00) Nifty in red; Choppy; No Suggest gave profit;
See CAIRN>175 TATASTEEL>351 TATAMTRDVR>308 only if
the Nifty turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN See after 175 Flat at 172 now; Watch carefully..
ICICIBANK Going down; But watch after 264
TATASTEEL See after 351 Flat at 350 now; But can give profits..
MOTHERSUMI Going down choppily; Avoid, for now
NCC Going down; Avoid, for now
TATAMTRDVR See after 308 Going down; But can turn up later

The positivity of the first half-hour of trading today is now gone; Our Suggests
are struggling to get a foothold in today's market; No one looks good; You have
to be very careful of false starts today; The Nifty can bounce back from here if
it can hold the Support at 8500-8480; Keep constant vigil; The odd, sudden
chance can always come; 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

13July(12:30) Mkt in red; Going Flat; TATASTEEL gave profit;
See ICICIBANK>264 TATASTEEL>356 NCC>80.50 if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Still flat at 172; But can flare up..
ICICIBANK See after 264 Turning around; Watch carefully..
TATASTEEL In at 351, Out at 356
See again after 356
Has gone down to 352; Can turn up again
MOTHERSUMI Choppy; But watch after 295
NCC See after 80.50 Has flattened out; Watch carefully..
TATAMTRDVR Very flat at 304; But can turn up

One profit has come from the levels we gave in our last Update, and all others
are poised for action at this time; The Nifty needs to keep holding position at
current levels above 8500; Things will improve if the Nifty can move up towards
the green; Europe is expected to open positive as the political chaos in UK
has calmed down; This can help the Nifty to go up; But do not get over
enthusiastic; Be careful of false starts; 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

13July(2:30) Nifty on line; +ve bias; TATASTEEL added
profit; MOTHERSUMI NCC TATAMTRDVR Marginal; All can
profit if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Going down; Avoid
ICICIBANK Choppy & Uncertain; Avoid
TATASTEEL Out at 357
See again after 357
Still has chances to add to profits; But
best to Avoid this in the last hour
MOTHERSUMI In at 295, Out at 296.40
Marginal till now
This has slim chances of giving profits
in last hour; Best to Avoid in last hour
NCC Marginal at 80.50 There was actually no Entry here;
In any case, Best to Avoid in last hour
TATAMTRDVR Marginal at 307 There was actually no Entry here also;
In any case, Best to Avoid in last hour

Only TATASTEEL has given returns till now, and although several other Suggests
show promise at this time, it will be better to exit this market and Stay Away now;
The Nifty has not recovered today; Global cues have become uncertain; There are no
domestic cues; We feel the Nifty will be able to hold 8500-level today, but not much
upside can be expected before the end of trading; We will be lucky if we get a
positive closing; Hence, if you have already made your profits with TATASTEEL, it
will be wise to quit now and take home your profits; Even if you have not been able
to get anything so far, go profit-less today; That is better than getting into a loss
in the last hour; Do not take any undue risks that can push you to losses;
Protect your profits; Best to Stay Away now; The Nifty will close flat today.

 


 

Please also see our Today's Performance or Details page