IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 15-July-2016


 

SUGGESTS:

 

PFC

 

PNB

 

SUNTV

 

ALSO SEE:

RECLTD

TATASTEEL

TITAN

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, 15-July-2016

SMS Pre-Market

Suggests: PFC PNB SUNTV;
Also See: RECLTD TATASTEEL TITAN;
Valid for date: 15-July-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8590, 8620, 8660, 8690, 8730;
NIFTY Support levels are: 8500, 8440, 8390, 8340, 8310;

 


 

SMS-1

15July(10:00) Flat openng; Going Choppy;
See TATASTEEL>365 TITAN>435;
Watch PNB>137.50 SUNTV>394;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat opening today, with the Nifty around 8570, and the day has
started on a good note today helped by good Q1 numbers by TCS and good
expectations from Infosys; Last night, US markets have ended with another
day of records, and Asian markets are positive today morning with Japan
over +1.2% in the green; But the latest terror attack in Nice, France, can
hurt sentiments and influence trade in Europe later today; In our market,
we will also have the Q1 results from Reliance later today; The Nifty is
fluctuating around the line, between 8550 and 8600 at this time; Important
psychological mark of 8600 has not been touched by the Nifty as yet, but the
Sensex has crossed the 28000-mark in early trade; The area of 8590-8600
is the first Resistance for the Nifty today; After that, there can be some strong
Resistance in the 8620-8640 range; On the downside, there is Support at 8540
and 8510; The market is expected to be choppy and uncertain today as there
are many headwinds coming; Watch out for false starts; Keep constant vigil;
There is every chance of a sharp profit booking fall from such high levels;
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
TATASTEEL 365 358 368 372 160
TITAN 435 428 438 452 130

Also watch PNB>137.50 and SUNTV>394 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

15July(11:00) Nifty in red; Choppy; TATASTEEL gave small
profit; See SUNTV>394 TATASTEEL>367 now if
mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
PFC Flat & Uncertain; But watch after 210
PNB Flat at 135.50; Can flare up anytime..
SUNTV See after 394 This is also flat, but can go up anytime..
RECLTD Choppy & Uncertain; Avoid, for now
TATASTEEL In at 365, Out at 366.80
See again after 367
There was an Entry at 364 if you followed our
PricePoints; There is scope for more profits here
TITAN Stuck at 431; But can turn up later

Marginal profits have come from one Suggest, but the general mood has turned bad
for our market due to two reasons: disappointing Infosys Q1 numbers and reaction
to the terror attack in France; The Nifty is showing slight negative bias and is down
to 8520; Support at 8540 has been lost and the next one at 8510 is under threat
now; However, we feel that the market will weather this storm in the second half
today and the Nifty should proceed towards 8600 again; Unless we get more bad
news; Our Suggests will produce good profits once the Nifty starts to move up;
Keep constant vigil; The sudden, quick chance can come at any time; But 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

15July(12:30) Mkt in red; Going Flat; TATASTEEL added
profit; See SUNTV>394 TATASTEEL>373 now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
PFC Stuck at 208; Best to Avoid, for now
PNB Has come down to 135; Avoid, for now
SUNTV See after 394 Still flat around 392; Can go up now..
RECLTD Choppy & Uncertain; Avoid, for now
TATASTEEL Out at 373
See again after 373
There can be more profits here today
TITAN Going down; Avoid, for now

Our persistence with TATASTEEL has paid off today; There can be more here;
The others look vulnerable; The Nifty is very flat, quiet in the red, around 8520
even now, just about managing to hold the 8500-level; Support at 8510 is still
intact; Globally, the Nice incident is taking a toll and Europe should open lower;
Asian markets are also slipping; Lower-than-expected Infosys numbers are also
affecting local sentiments; However, we still expect the Nifty to bounce back from
here and go towards 8550 and 8600 by closing time today; Unless, of course, we
get more bad news; Be very careful now, specially about 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

15July(2:30) Mkt in red; Going Flat; TATASTEEL added profit;
PNB>137 TATASTEEL>374 looks good for LONG if upsurge
comes again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
PFC Going down; Best to Avoid in last hour
PNB See after 137 Going up choppily; Watch carefully..
SUNTV Still flat around 392;
Best to Avoid in last hour
RECLTD Choppy & Uncertain; Avoid
TATASTEEL Out at 374
See again after 374
At 373 now; May not go much higher in last
hour; Best to Avoid and protect profits
TITAN Going down; Avoid

It is time now to let go of this market and collect your profits, even if you
are still with TATASTEEL; The Nifty is stuck at 8650 in the red; Global cues
are negative and after dismal performance by Infosys, RIL is also expected to
report down figures for Q1 later today; At this time, we do not expect the Nifty
to make a break for 8600 before closing today; We will be lucky if it can give
a closing above 8550; But 8500 will be held, we feel; But be very careful in
the last hour; Do not take any undue risks that can push you to losses;
Stay Away; Protect your profits; The Nifty will close in the red today.

 


 

Please also see our Today's Performance or Details page