IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 09-Aug-2016


 

SUGGESTS:

 

ADANIPORTS

 

CROMPGREAV

 

HDIL

 

ALSO SEE:

AXISBANK

INDIACEM

RECLTD

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, 09-Aug-2016

SMS Pre-Market

Suggests: ADANIPORTS CROMPGREAV HDIL;
Also See: AXISBANK INDIACEM RECLTD;
Valid for 09-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8730, 8780, 8830, 8870, 8900;
NIFTY Support levels are: 8680, 8650, 8620, 8580, 8540;

 


 

SMS-1

09Aug(10:00) Flat openng; Range-bound;
See INDIACEM>129 RECLTD>234;
Watch ADANIPORTS>244 AXISBANK>576;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 8720, in tune with other global
markets; US had closed in the red last night in spite of many positive signals;
Asian markets are mixed right now before China inflation data; In our market,
the Nifty had gone down to touch the 8700-mark at the opening bell itself; It
has gone down some more and is fluctuating in the 8690-8710 zone, in the red;
We have the important event of RBI third bimonthly monetary policy meet later
today, which may have great impact in trade today; The US Federal Reserve and
the Bank of Japan both stood on status quo; RBI is also expected to maintain
status quo but Rajan's last statement will be important for his take on economic
direction; There are some experts who believe that RBI may surprise the Street
and give a 25bps rate cut; That will be a big positive; As before, 8710-8730 is a
critical Resistance zone, and if this is crossed we can swiftly go up to 8780-8830;
On the downside, first Support is at 8680; We feel that we will have range-bound
trading in the 8680-8720 range today also, unless we get a surprise from RBI; As
always, be careful about false starts; Do not lower your guard; 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
INDIACEM 129 125 131 133 460
RECLTD 234 229 237 240 250

Also watch ADANIPORTS>244 and AXISBANK>576 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

09Aug(11:00) Nifty in red; Choppy; No Suggest gave profit;
See AXISBANK>575 INDIACEM>128.50 RECLTD>232.50
now if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIPORTS Took a fall; Can recover; Watch after 240
CROMPGREAV This also took a fall; Avoid, for now
HDIL Flat & Uncertain; Avoid, for now
AXISBANK See after 575 Scrappy; Can go up; Watch carefully..
INDIACEM See after 128.50 Choppy & Uncertain; But can go up..
RECLTD See after 232.50 Took a fall; Can recover; Watch carefully..

No profits have come from any of our Suggests in the first hour, and no one really
looks good at this time; The situation right now is exactly like it was at this same
time yesterday; But the RBI announcement will be coming today, and that can create
some movement, up or down; Be extra careful about false starts 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

09Aug(12:30) Mkt in red; Slight -ve bias; No Suggest
gave profit; None looks good for LONG at this time;
Stay Away now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Going down; Can recover, Watch after 239
CROMPGREAV Going down; Avoid, for now
HDIL Choppy & Uncertain; Avoid, for now
AXISBANK Scrappy & Uncertain; Avoid, for now
INDIACEM Took a fall; Can go up; Watch after 127.50
RECLTD Choppy & Uncertain; Avoid, for now

No profits have come from any of our Suggests till now today; And no one really
looks good at this time; The Nifty has taken a fall after RBI kept rates unchanged;
It has gone down to below 8650 to touch 8640; The range of 8620-8650 is good
Support and we expect the index to bounce back from there; Not much can be
expected from our Suggests until that happens; Wait for Europe opening; Some
relief might come from there; 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

09Aug(2:30) Mkt in red; +ve bias; No Suggest gave profit;
ADANIPORTS>239 AXISBANK>573 INDIACEM>127.50 looks
good if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS See after 239 Holding steady; Can recover; Careful..
CROMPGREAV Holding flat; Choppy; Avoid
HDIL Choppy & Uncertain; But watch after 103
AXISBANK See after 573 Scrappy & Uncertain; But can go up..
INDIACEM See after 127.50 Recovering; But be very careful..
RECLTD Choppy & Uncertain; Risky; Avoid

No profits have come from any of our Suggests till now today; Yesterday, AMBUJACEM
had saved the day for us at this stage; Today there has been no one; But we have
not lost hope, as can be seen from the box above; Needless to say, you have to be
very careful going forward, as there is no certainty that the Nifty will keep going up
from here; Global cues are positive with Europe in green; RBI is also within expected
lines; So, there can be some prospects today in the last hour; But be vary careful;
Look at all possible angles before you decide to take Entry; Do not take any undue
risks that can push you to losses in the last hour; Best to Stay Away if you are
not sure about what to do; The Nifty will close in the red/flat today.

 


 

Please also see our Today's Performance or Details page