IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 17-Aug-2016


 

SUGGESTS:

 

ADANIPORTS

 

CIPLA

 

HINDALCO

 

ALSO SEE:

AMBUJACEM

PFC

SBIN

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 Wednesday, 17-Aug-2016

SMS Pre-Market

Suggests: ADANIPORTS CIPLA HINDALCO;
Also See: AMBUJACEM PFC SBIN;
Valid for date: 17-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8680, 8720, 8780, 8830, 8870;
NIFTY Support levels are: 8600, 8570, 8540, 8510, 8470;

 


 

SMS-1

17Aug(10:00) Flat openng; Going Choppy;
See CIPLA>560 PFC>232;
Watch ADANIPORTS>276 HINDALCO>157;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another cautious, flat opening for the Nifty today, at around 8640, and the
index has remained range-bound around 8650 since opening; Global cues
are down this morning as US markets had closed in the red last night as the
New York Federal Reserve chief suggested that the US Fed might raise rates
in its September meeting, as various marco data point to a strengthening of
US economy; Asian markets are mixed as of now, but the trend is negative;
At home, experts believe that the RBI will also cut rates by 25 basis points at
its next monetary policy meeting on October 4, mainly as a result of very good
monsoons; For the Nifty today, again 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 is still holding strong; Support at 8600-8570 is also holding; Today,
we mostly expect range-bound trading around 8650 unless we get some trigger;
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
CIPLA 560 550 564 570 100
PFC 232 228 235 238 250

Also watch ADANIPORTS>276 and HINDALCO>157 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

17Aug(11:00) Nifty Flat around line; CIPLA gave profit;
PFC Marginal; See CIPLA>564 HINDALCO>157 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIPORTS Stuck at 273; Can turn up; Keep a watch..
CIPLA In at 560, Out at 563.80
See again after 564
Going down now; But can give another chance
HINDALCO See after 157 Choppy, but can turn up; Watch carefully..
AMBUJACEM Going down; Avoid, for now
PFC In at 232
Marginal till now
Holding at 232; No movement; Exit if
no upside comes in next 15-20 minutes
SBIN Scrappy & Uncertain; But watch after 247

Small profits have come from one of our Suggests in the first hour, and we are
with all except one Suggest at this time; The Nifty is range-bound, as expected;
But there are no signs of any profit-booking downside seen coming; We expect some
upside to come if there are no negative triggers; 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

17Aug(12:30) Nifty Choppy around line; SBIN gave profit;
Exit PFC Marginal; Only SBIN>250 looks good now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Choppy & Risky; Best to Avoid, for now
CIPLA No progress; Going down; Avoid, for now
HINDALCO Stuck at 156; Looking Risky; Avoid, for now
AMBUJACEM Has levelled out; Watch after 268
PFC Marginal at 232 Cannot cross over 233; But the bias is positive;
You can come back if 234 is crossed
SBIN In at 247, Out at 249.60
See again after 250
Going down now; Can give another chance..

Some more small profits have come from one of our Suggests, but we do not
see much scope for our Suggests; The going will be difficult from here unless
we get some trigger; The Nifty is still choppy and fluctuating around 8650; But
Europe is expected to open in the green; That can help; In any case, it will be
best to Avoid this market now, unless you get a very good opportunity; 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

17Aug(2:30) Mkt in red; Uncertain; No Suggest gave 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
ADANIPORTS Going down; Risky; Best to Avoid
CIPLA No progress; Stuck at 550; Avoid
HINDALCO Uncertain & Risky; Avoid
AMBUJACEM Going up slowly; There can be chance after
268; But best to Avoid in last hour
PFC No progress; Bias is still positive;
But best to Avoid in last hour
SBIN No progress; Best to Avoid in last hour

Like yesterday, we feel there will be some small profits in our Suggests in
the last hour, if the Nifty starts to recover; However, if you have got some
profits already, it will be best to avoid this market now; Global cues are not
supportive; Europe is in the red; Our own economy seems to be slowing down,
say experts; The Nifty has gone down to 8610 and is struggling to get up back
to 8650; While we feel that it might be possible for the Nifty to recover a
little, you should Stay Away from this market, unless 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