IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 20-July-2016


 

SUGGESTS:

 

CAIRN

 

CANBK

 

CHENNPETRO

 

ALSO SEE:

AMBUJACEM

IDEA

PFC

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, 20-July-2016

SMS Pre-Market

Suggests: CAIRN CANBK CHENNPETRO;
Also See: AMBUJACEM IDEA PFC;
Valid for date: 20-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

20July(10:00) Flat openng; Going Choppy;
See CAIRN>177.50 PFC>207;
Watch CANBK>263 AMBUJACEM>265;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 8520, and the market has been
choppy and flat around the 8550 area after the opening; Global cues continue
to be unsupportive, as US and Europe have taken a pause after Dow touched
one more high; Asian markets are mixed at this time; At home, the IT companies
are back on the docks after WIPRO gave bad Q1 numbers; There are no domestic
cues coming; The market will remain mostly range-bound today and we expect
the Nifty to hold 8550-level; Resistance at 8560 will have to be crossed quickly
for some upside to come today; Support is at 8500-8480; 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
CAIRN 177.50 174 180 182 330
PFC 207 204 210 215 280

Also watch CANBK>263 and AMBUJACEM>265 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

20July(11:00) Nifty in green; Very Flat; 2 Suggests
gave profit; See AMBUJACEM>266.50 PFC>211
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN Flat & Quiet; But can flare up..
CANBK Going down; Avoid, for now
CHENNPETRO Choppy, but Holding; Watch after 239
AMBUJACEM In at 265, Out at 266.50
See again after 266.50
There is scope for more profits here
IDEA Going down; Avoid, for now
PFC In at 207, Out at 210.70
See again after 211
Flat at 209 now; Can flare up again..

Our Suggests have given adequate returns in the first hour, and we should be
satisfied if we have got some of it; The general market position is not very
good; The Nifty is very flat and very quiet around 8550; Resistance at 8560
is holding very strong; This needs to be crossed for further upside today;
Keep constant vigil; Some sudden, quick chance can always 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

20July(12:30) Mkt in green; Flat; AMBUJACEM added profit;
None looks good for LONG now; All can profit if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Going down; Avoid, for now
CANBK Going down; Avoid, for now
CHENNPETRO Choppy & Uncertain; Avoid, for now
AMBUJACEM Out at 267 Has started to fall; Avoid, for now
IDEA Choppy & Uncertain; Avoid, for now
PFC Still very flat at 209; Can flare up..

No real progress have been made by our Suggests after the last Update; The
Nifty has also not been able to get past the Resistance at 8560, although an
attempt has been made; This needs to be crossed for further upside today;
Europe opening is uncertain; There are no domestic cues; It will be better
to avoid this market now and stay in the sidelines and watch; Get in, only
if you get a very good opportunity; 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

20July(2:30) Mkt in green; 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
CAIRN Choppy & Uncertain; Risky; Avoid
CANBK Choppy & Uncertain; Risky; Avoid
CHENNPETRO Choppy & Uncertain; Low Volume; Avoid
AMBUJACEM No further development after last Update;
Can turn up again; But best to Avoid
IDEA Choppy & Uncertain; Risky; Avoid
PFC Still very flat at 209; No development
after last Update; Best to Avoid

Only PFC looks good for more profits in the last hour, but even with this,
you have to be very careful as the general market has not improved at all;
Nifty is still fluctuating in a narrow range around 8550 and the Resistance
at 8560 is still holding strong; But Europe is in the green and there are no
local bad news; Maybe the 8560 barrier will be broken before the close today;
But no point taking unnecessary risks; If you have made your profits for the
day, it will be better to Stay Away now, in the last hour; Protect your
profits; Do not take any undue risks that can push you to losses;
The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page