IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 18-July-2016


 

SUGGESTS:

 

BHARTIARTL

 

CAIRN

 

TATASTEEL

 

ALSO SEE:

EXIDEIND

FORTIS

PNB

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 Monday, 18-July-2016

SMS Pre-Market

Suggests: BHARTIARTL CAIRN TATASTEEL;
Also See: EXIDEIND FORTIS PNB;
Valid for date: 18-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

18July(10:00) Gap-up openng; Choppy;
See EXIDEIND>184 FORTIS>173.50;
Watch BHARTIARTL>379 TATASTEEL>379;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 20-point gap-up opening for the Nifty today, at around 8560, and the
market has developed a choppy slow positive bias after the opening; Global
markets are largely positive but there is some concern over the developments
in Turkey; At home, the mood is positive with index heavyweight RIL leading
the gains after it reported better-than-expected first quarter earnings; IT
stocks, however, have been subdued post Q1 earnings from Infosys; There
is optimism that the GST Bill may get passed in the Monsoon session this
time and HUL may report 7-8% revenue growth in Q1 today; The Nifty has
regained the 8550 level today morning and is now on its way towards 8600
again; This level has triggered many profit-booking falls in the past; Be
very careful about this; Keep constant vigil; Watch out for false starts;
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
EXIDEIND 184 181 186 188 320
FORTIS 173.50 170 176 179 340

Also watch BHARTIARTL>379 and TATASTEEL>379 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

18July(11:00) Nifty in green; Choppy; FORTIS gave small
profit; See CAIRN>174 EXIDEIND>183 FORTIS>175
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL Going down choppily; Avoid, for now
CAIRN See after 174 Flat at 172; Can flare up anytime..
TATASTEEL Going down choppily; Avoid, for now
EXIDEIND See after 183 Scrappy & Low Volume; But can go up..
FORTIS In at 173.50, Out at 174.80
See again after 175
There is scope for more profits here
PNB Stuck at 136; But can flare up..

Small profits have come from one Suggest, and we have hopes with a few others
at this time, but the general mood is still very undecided with the Nifty fluctuating
in the 8565-8685 range since the opening; There is every chance that a positive
upside will come later to take the Nifty towards 8600 today; Unless we get some
bad news; Keep constant vigil; The sudden, quick chance can come at any time;
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

18July(12:30) Mkt in green; Going Flat; No Suggest gave
profit; See CAIRN>174 TATASTEEL>378 FORTIS>175 if
mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Still going down; Avoid, for now
CAIRN See after 174 Going up choppily; Be careful..
TATASTEEL See after 378 Still choppy; But can go up now
EXIDEIND Scrappy & Low Volume; Avoid, for now
FORTIS See again after 175 No development after last Update;
But we are not giving up on this yet
PNB A very sudden chance had come from 136.50
to 137.50; It was unplayable; Avoid, for now

There has not been any progress with our Suggests after the last Update, but we
have not lost hope as yet; There was a very sharp opportunity with PNB, but it
had come so suddenly, and ended so suddenly, that it was unplayable; The Nifty
is still trading in a narrow range; 8585 has not been crossed today on the upside;
Similarly, 8565 is also holding on the downside; Very quickly, the Nifty will have to
break out of this range for any progress to be made; Europe is expected to open
higher, in spite of the Turkey coup attempt; Wait and see if that happens; Be
very careful now 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

18July(2:30) Nifty on line; Choppy; No Suggest gave profit;
No Suggest looks good for LONG at this time; Best to
Stay Away now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Still going down; Avoid today
CAIRN Choppy & uncertain; Best to Avoid
TATASTEEL Still choppy; Going down; Avoid
EXIDEIND Scrappy & Going down; Avoid
FORTIS Going down now; Best to Avoid
PNB Choppy & uncertain; Best to Avoid

No success has come from any of our Suggests after the last Update, and as things
stand now, not much is expected in the last hour; The Nifty has taken a turn towards
the downside, instead of up, and had gone down below the line to touch 8535 in
the red, from a high of 8585; It is now fluctuating around the line, but might go
down further; Europe had started good today, but is now losing ground; The ban
on 10-year old diesel vehicles in Delhi is taking a toll in the auto sector; But we
still feel that the Nifty might stage a comeback before closing today and hold
8550-level at least; Be very careful in the last hour; Do not take any undue
risks that can push you to losses; Stay Away if you are not certain about
what to do; The Nifty will close in the red/flat today.

 


 

Please also see our Today's Performance or Details page