IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 02-Aug-2016


 

SUGGESTS:

 

CHENNPETRO

 

DISHMAN

 

HAVELLS

 

ALSO SEE:

MOTHERSUMI

SUNTV

VOLTAS

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 Tuesday, 02-Aug-2016

SMS Pre-Market

Suggests: CHENNPETRO DISHMAN HAVELLS;
Also See: MOTHERSUMI SUNTV VOLTAS;
Valid for: 02-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8670, 8710, 8780, 8830, 8870;
NIFTY Support levels are: 8620, 8580, 8540, 8510, 8480;

 


 

SMS-1

02Aug(10:00) Flat openng; Going Choppy;
See CHENNPETRO>288 DISHMAN>171;
Watch SUNTV>475 VOLTAS>373;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 8640, but the index had gone
up immediately to 8680 at the opening; Fluctuating in the 8660-8680 range
now; US markets were down last night on oil worries again; Asian markets are
mixed today morning; We expect some local good news today; For the Nifty,
it needs to cross the Resistance at 8670-8680 quickly for more upside; First
Support is at 8620; Keep constant vigil; Be very careful about 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
CHENNPETRO 288 282 292 296 200
DISHMAN 171 166 173 176 350

Also watch SUNTV>475 and VOLTAS>373 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

02Aug(11:00) Nifty in green; Flat; 2 Suggests gave profit;
See CHENNPETRO>293 DISHMAN>174.50 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CHENNPETRO In at 288, Out at 293
See again after 293
This can go up further; But be careful..
DISHMAN In at 171, Out at 174.40
See again after 174.50
Down at 173 now; But can go up
further; Be very careful..
HAVELLS Stuck at 401; Can flare up suddenly..
MOTHERSUMI Flat & Uncertain; Avoid, for now
SUNTV Choppy & Uncertain; Avoid, for now
VOLTAS Flat & Uncertain; Avoid, for now

Good profits have already come from two of our Suggests in the first hour, and
we expect some more today; Provided, of course, like yesterday, we do not get any
negative inputs regarding the GST Bill; We expect the Nifty to hold position above
the 8650-level and get past the Resistance at 8670 in due course; Do not take
any unnecessary risks in haste that can take you to losses;
Stay Away if you are not sure about what to do.

 


 

SMS-3

02Aug(12:30) Mkt in green; Flat & Choppy; HAVELLS gave
small profit; See CHENNPETRO>293 HAVELLS>405 now if
mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CHENNPETRO See again after 293 Flat at 289 now; There can still be
a 2nd chance here; But be careful..
DISHMAN No progress after our last Update;
Has started to fall; Avoid, for now
HAVELLS In at 402, Out at 405
See again after 405
There can be another chance here; Careful..
MOTHERSUMI Going down; Avoid, for now
SUNTV Going down; Avoid, for now
VOLTAS Choppy & Uncertain; Avoid, for now

Difficult profits have been added by HAVELLS after our last Update, but there
is very little chance seen from here for our Suggests; The Nifty has remained
range-bound and choppy, and the Resistance at 8670-8680 still stands; Good
thing is, 8650 for the Nifty is still holding; We feel that you should avoid
trading in this market now; Unless the Nifty starts to move up again;
Do not take any unnecessary risks that can take you to losses;
Protect your Profits; Stay Away if you are not sure about
what to do; We do not want any losses today.

 


 

SMS-4

02Aug(2:30) Mkt in red; Choppy; HAVELLS added 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
CHENNPETRO Still flat and quiet;
It is best to Avoid this now in the last hour
DISHMAN Still falling down; Avoid in last hour
HAVELLS Out at 407.40 No further chances seen here;
Avoid in last hour
MOTHERSUMI Flat & Uncertain; Avoid
SUNTV Going down; Avoid
VOLTAS Choppy & Risky; Avoid

Our Suggests are done for the day; The Nifty has developed a negative bias
after our last Update, and is in the red, below 8620; Whole of Europe is in
the red, and there has been no good news coming from New Delhi; This level
of 8620 is good Support and might just hold at the closing today; It is best
to take home whatever profits you have made and Stay Away now; Do not
take any undue risks that can push you to losses in the last hour;
The Nifty will close in the red/flat today.

 


 

Please also see our Today's Performance or Details page