IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 08-Aug-2016


 

SUGGESTS:

 

HINDALCO

 

JKTYRE

 

UNIONBANK

 

ALSO SEE:

AMBUJACEM

DELTACORP

TATAMOTORS

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, 08-Aug-2016

SMS Pre-Market

Suggests: HINDALCO JKTYRE UNIONBANK;
Also See: AMBUJACEM DELTACORP TATAMOTORS;
Valid for 08-Aug-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8710, 8780, 8830, 8870, 8900;
NIFTY Support levels are: 8650, 8620, 8580, 8540, 8510;

 


 

SMS-1

08Aug(10:00) Gap-up openng; Choppy;
See HINDALCO>153 TATAMOTORS>524;
Watch JKTYRE>107 UNIONBANK>131;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A good, strong opening for the Nifty today, at around 8720, with the index
breaching the 8700-mark at the opening bell itself; The Nifty has been holding
position around 8710 since the opening, with slight positive bias; Global cues
are very positive as Asian stocks are on the rise on strong US jobs data; For
the Nifty today, this 8710-8730 is a critical Resistance zone, and once this is
crossed we can swiftly go up to 8780-8830; On the downside, first Support
is now at 8680; We feel that we will have largely range-bound trading in the
8680-8720 range today; Going beyond this range, up or down, will depend
on outside triggers; 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
HINDALCO 153 148 155 158 390
TATAMOTORS 524 515 529 531 110

Also watch JKTYRE>107 and UNIONBANK>131 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

08Aug(11:00) Nifty in green; Flat; No Suggest gave profit;
See UNIONBANK>131 AMBUJACEM>275 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
HINDALCO Very flat at 150; Can flare up..
Watch carefully after 152
JKTYRE This is also stuck; Avoid, for now
UNIONBANK See after 131 Going up slowly; Be careful..
AMBUJACEM See after 275 Very Choppy; But might give chances..
DELTACORP Choppy & Uncertain; Avoid, for now
TATAMOTORS Choppy & Uncertain; But watch after 521

No profits have come from any of our Suggests in the first hour, and no one really
looks good at this time; As expected, the Nifty has remained range-bound around
8710, and no real chances will come for our Suggests unless the general market
starts to improve; Markets like today are not very suitable for intraday trading in
LONG; So, be extra careful today; 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

08Aug(12:30) Mkt in green; Range-bound; No Suggest gave profit;
See AMBUJACEM>275 DELTACORP>120 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HINDALCO Still very flat at 150; But watch after 152
JKTYRE This is also stuck; Avoid, for now
UNIONBANK Going down slowly; Avoid, for now
AMBUJACEM See after 275 Still Choppy; But might give chances..
DELTACORP See after 120 Going up sharply; Careful..
TATAMOTORS Going down slowly; Avoid, for now

Let us be prepared to go profit-less today; No profits have come from any
of our Suggests till now, and no one really looks good at this time; The Nifty
continues to remain range-bound; If this structure does not change, if the
market does not start to go up, our Suggests might go profit-less today; One
trigger can be Europe opening; Wait for that; Time to be careful; Do not take
any undue risks that can take you to losses; Stay Away if you are not sure
about what to do; We do not want any losses today.

 


 

SMS-4

08Aug(2:30) Mkt in green; Choppy; AMBUJACEM gave small
profit; Only AMBUJACEM>277.50 looks good for more
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HINDALCO Still flat at 150; Best to Avoid this now
JKTYRE This is also stuck at 106; Avoid
UNIONBANK Flat at 129; Avoid
AMBUJACEM In at 275, Out at 277.50
See again after 277.50
There is chance for more here in last hour
DELTACORP Trigger at 120 touched, but there was no Entry
as even 120.50 was not crossed; Avoid, now
TATAMOTORS This has disappointed today; Avoid

AMBUJACEM has saved the day for us, and our perseverance with that has paid
off; This is the only one that looks good for more in the last hour; Global cues
are still positive with all of Asia and Europe in the green; We do not expect much
to happen with the Nifty in the last hour; Range-bound trading should continue
and the only hope is 8700-level will be held at closing today; It will be best to
close shop, collect whatever profits you have made, 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 green today.

 


 

Please also see our Today's Performance or Details page