IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 16-Aug-2016


 

SUGGESTS:

 

ICICIBANK

 

LICHSGFIN

 

ONGC

 

ALSO SEE:

POWERGRID

TATAMOTORS

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, 16-Aug-2016

SMS Pre-Market

Suggests: ICICIBANK LICHSGFIN ONGC;
Also See: POWERGRID TATAMOTORS VOLTAS;
Valid for 16-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8690, 8730, 8780, 8830, 8870;
NIFTY Support levels are: 8640, 8600, 8570, 8540, 8510;

 


 

SMS-1

16Aug(10:00) Flat openg; Slight +ve bias;
See ICICIBANK>250 ONGC>238;
Watch POWERGRID>183 TATAMOTORS>513;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A cautious, flat opening for the Nifty today, at around 8670, and the index
is showing a slight positive bias after the opening; Global cues are mixed
as US markets gave a good closing with all three major stock indices hitting
record highs in overnight trade helped by increasing chances of the US Fed
not raising rates later this year; However, major Asian markets are slightly
in the red at this time; In our market, as the first victim of Brexit, Infosys
has lost a US$200 million contract with Royal Bank of Scotland; This is bad
news for the IT sector; For the Nifty today, it is vital that the index holds
8650-level in trade today, to avoid a steep fall on profit booking; On the
upside, Resistance at 8690-8700 couldn't be crossed in last 3 sessions;
It will be crossed today, we feel and the next one at 8730 will be tested;
As always, be careful about false starts; Do not lower your guard; Keep
constant vigil; Do not be in a hurry to get in; Consider all possible
angles very carefully before you Enter; Once in, take small profits
and exit; Buy again, if the upside continues; See these
if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ICICIBANK 250 245 253 255 240
ONGC 238 233 241 244 250

Also watch POWERGRID>183 and TATAMOTORS>513 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

16Aug(11:00) Nifty in red; Choppy; No Suggest gave profit;
See ICICIBANK>250 ONGC>238 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ICICIBANK See after 250 Scrappy & Range-Bound; But can turn up
LICHSGFIN Going down; Avoid, for now
ONGC See above 238 Choppy & Uncertain; But can turn up
POWERGRID Stuck at 182; Can flare up suddenly..
TATAMOTORS Going down; Can turn up; Watch after 510
VOLTAS Scrappy & Uncertain; Avoid, for now

No profits have come from any of our Suggests in the first hour, and the current
position is neither good nor bad for our Suggests; There are a couple that looks
good, but performance cannot be taken for granted; The Nifty, meanwhile, has
lost its slight positive bias and is in range-bound trading now; 8650 is still not
lost; 8690 is also holding strong; We still expect the Nifty to give some upside
later in the day and 8690-8700 will be tested; Watch out for false starts; Do
not be in a hurry to get in and trade; Wait till you see a definite upmove;
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

16Aug(12:30) Mkt in red; -ve bais; No Suggest gave profit;
See POWERGRID>182.50 TATAMOTORS>507 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:20pm

Suggest Action - for LONG Comments
ICICIBANK Scrappy & Going Down; Avoid, for now
LICHSGFIN Has bottomed out; Watch after 549
ONGC Choppy & Uncertain; But watch after 236
POWERGRID See after 182.50 Can go up now; But be very careful..
TATAMOTORS See above 507 This also can turn up; But be very careful..
VOLTAS Scrappy & Uncertain; Avoid, for now

No profits have come from any of our Suggests till now today, but new hope has
been found with some of our Suggests; Needless to say, you have to be very careful
going forward as the Nifty is on the way down; 8650 has been lost and the Nifty
had gone down till 8300 just now; Has bounced back from there, but is still in
the red, around 8620; Global cues are not supportive as Europe is expected to
open lower; We do not expect a huge big fall for the Nifty from here, but getting
over the Resistance at 8690-8700 will be be difficult today; Do not take any
undue risks that can take you to losses; Stay Away if you are not sure about
what to do; Protect your profits, if any; We do not want any losses today.

 


 

SMS-4

16Aug(2:30) Mkt in red; Flat; No Suggest gave profit;
All Suggests look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ICICIBANK Going up slowly; Watch after 248
LICHSGFIN Can turn up now; Watch after 549
ONGC Choppy & Uncertain; But watch after 236
POWERGRID Scrappy & Going down; Avoid
TATAMOTORS This also can turn up; Watch after 507
VOLTAS Scrappy, but going up; Watch after 371

No profits have come from any of our Suggests till now today, but we have not
lost hope; The Nifty has settled down around 8620, and some upside is expected
now; But global cues are still bad; All of Europe is in red; For the Nifty, the first
target will be to get back to 8650; Getting to the Resistance at 8690-8700
will be difficult today; Get in only if you get a very good opportunity;
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