IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 04-Aug-2016


 

SUGGESTS:

 

DELTACORP

 

FORTIS

 

UNIONBANK

 

ALSO SEE:

CAIRN

ESCORTS

ZEEL

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 Thursday, 04-Aug-2016

SMS Pre-Market

Suggests: DELTACORP FORTIS UNIONBANK;
Also See: CAIRN ESCORTS ZEEL;
Valid for date: 04-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8590, 8650, 8680, 8710, 8780;
NIFTY Support levels are: 8510, 8470, 8440, 8390, 8340;

 


 

SMS-1

04Aug(10:00) Gap-up openng; Going Choppy;
See DELTACORP>112 ESCORTS>271;
Watch FORTIS>192 CAIRN>186;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A gap-up opening for the Nifty today, at around 8600, but the index had
gone down immediately to a low of 8520; Is recovering now and is in the
8560-8580 zone now, in the green; We expect some upside in the market
today as the GST bill has been cleared by the Rajya Sabha yesterday; Last
night, US markets had inched higher on oil rebound; Asia is in the green as
US goes up; For the Nifty today, there is Support at 8500 that should hold;
Similarly Resistance at 8590-8620 will be difficult to cross without outside
help; All will depend on GST analysis; Be careful about false starts today;
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 comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DELTACORP 112 106 114 117 530
ESCORTS 271 265 274 278 220

Also watch FORTIS>192 and CAIRN>186 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

04Aug(11:00) Nifty in green; Flat; No Suggest gave profit;
CAIRN Marginal; See DELTACORP>112 UNIONBANK>131
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DELTACORP See above 112 Very flat at 110.50; Can flare up..
FORTIS Taken a fall; Recovering..
UNIONBANK See after 131 Going up slowly; Be careful..
CAIRN Marginal at 186 Has got stuck; Best to Exit Marginal
ESCORTS Choppy & Going down; Avoid, for now
ZEEL Choppy & Uncertain; But watch after 494

No profits have come from any of our Suggests in the first hour, and no one
looks really good at this time; The Nifty is still fluctuating in a very narrow range,
and no real chances will come unless the general market starts to improve; Like
yesterday, GST does not seem to have any impact in the market at all; Do not
be in a hurry to get in; 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

04Aug(12:30) Mkt in green; Very Flat; UNIONBANK gave
profit; CAIRN Marginal; See UNIONBANK>133 ZEEL>492
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DELTACORP Slight negative bias; Avoid, for now
FORTIS Still falling; Avoid, for now
UNIONBANK In at 131, Out at 132.90
See again after 133
This can give more today; Be careful..
CAIRN Marginal at 186 But this has started to look good now..
ESCORTS Choppy & Going down; Avoid, for now
ZEEL See after 492 Choppy but holding; Watch this..

Profits have come from UNIONBANK and at least two others are looking good at
this time, but remember, these Suggests are going against the trend; The general
market is still very quiet and flat; Global cues are supportive with all of Asia in
green and Europe expected to open green; GST has gone through; Even then, our
market is not showing any traction; Time to be careful; Do not take any undue
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

04Aug(2:30) Nifty back in red; -ve bias; CAIRN gave profit;
UNIONBANK>132 CAIRN>189.50 still good for more if
upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DELTACORP Flat & Holding; Can jump up if market turns
up; But best to Avoid in the last hour
FORTIS This has also levelled out; But best to Avoid
UNIONBANK See again after 132 This can give a 2nd chance now;
But best to Avoid in the last hour
CAIRN In at 186, Out at 189.40
See again after 189.50
This can also give a 2nd chance now;
But best to Avoid in the last hour
ESCORTS Going down; Avoid
ZEEL Going down; Avoid

Profits have come from CAIRN if you have been patient with it, much like IDFC
yesterday; At this time, we will strongly ask you to Stay Away from this market
as our Suggests are performing against the trend; In fact, our stock markets are
going against global trends, where everything is green; Our indexes are going down
steadily; Maybe GST is not a very good idea, the Street thinks now; We expect a
recovery in the Nifty, and a passage into the green by closing today, but no matter
what happens, it will be best to close shop, collect your profits, and go home;
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