IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 19-Aug-2016


 

SUGGESTS:

 

JKTYRE

 

PFC

 

SUNTV

 

ALSO SEE:

ANDHRABANK

IRB

NTPC

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 Friday, 19-Aug-2016

SMS Pre-Market

Suggests: JKTYRE PFC SUNTV;
Also See: ANDHRABANK IRB NTPC;
Valid for date: 19-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8690, 8720, 8780, 8830, 8870;
NIFTY Support levels are: 8640, 8600, 8570, 8540, 8510;

 


 

SMS-1

19Aug(10:00) Gap-up openng; Going Choppy;
See IRB>227 NTPC>169.50;
Watch JKTYRE>114 ANDHRABANK>59.60;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another gap-up opening for the Nifty today, at around 8690, but the index
has gone into a negative mode after the opening that has taken it into the
red; Earlier, US markets closed in the green supported by rising oil prices;
Asian markets had also opened good following the US lift, but are going into
the red now due to profit booking; In our market, all the morning gains have
been lost; But the Nifty is still trading above its crucial Support level of 8650-
8640; There is more Support at 8600-8570; On the upside, the Resistance at
8690-8700 is still holding and getting stronger with each passing day; Like in
the last few days, today also we expect range-bound trading unless there is
some outside 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
IRB 227 222 229 231 260
NTPC 169.50 166 172 174 350

Also watch JKTYRE>114 and ANDHRABANK>59.60 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

19Aug(11:00) Nifty choppy around line; IRB gave profit;
NTPC Marginal; See PFC>241 IRB>230.50 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
JKTYRE Touched Trigger at 114; There was no
Entry possible; Best to Avoid this now
PFC See after 241 Going up slowly; Watch carefully..
SUNTV Stuck at 488; Can go up; Watch after 490
ANDHRABANK Choppy & Low Volume; Avoid, for now
IRB In at 227, Out at 230.40
See again after 230.50
At 228 now; Can give a 2nd chance; Careful..
NTPC Marginal at 169.50 Best to get out Marginal from here

Small profits have come from one of our Suggests in the first hour, and we are
hopeful with three Suggests at this time; The Nifty has not done anything good till
now today, and is still fluctuating around the line in a very narrow range; Might
develop a slight negative bias now; Good thing is 8650 still being held; 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 undue risks in haste that can take you
to losses; Stay Away if you are not sure about what to do.

 


 

SMS-3

19Aug(12:30) Mkt choppy around line; IRB added profit;
See PFC>241 IRB>232 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
JKTYRE Going down; Avoid, for now
PFC See after 241 Holding around 239 now; Watch carefully..
SUNTV Touched Trigger at 490; No Entry possible, 491
was not reached; Going down; Avoid, for now
ANDHRABANK Low Volume; Risky; Avoid, for now
IRB Out at 232
See again after 232
At 230 now; Can give another chance; Careful..
NTPC Going down; Avoid, for now

Good profits have come from IRB, and we are still hopeful with a few others,
specially if the Nifty starts to move up again; However, if you have made your
profits for the day with IRB, it will be better to close shop now and take home
your profits; The Nifty is still fluctuating around the line in a very narrow range,
but the negative bias we had feared, has not come; 8650 is still intact; Do not
get in now unless you get a very good opportunity; Do not take any undue
risks that can take you to losses; Best to Stay Away now and
protect your profits; We do not want any losses today.

 


 

SMS-4

19Aug(2:30) Nifty choppy around 8660; 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
JKTYRE Going flat around 112.50; Best to Avoid
PFC Choppy & Uncertain; Best to Avoid
SUNTV Choppy & Uncertain; Risky; Avoid
ANDHRABANK Low Volume; Risky; Avoid, for now
IRB Flat around 228; Can still give a chance..
NTPC Going down; Avoid

As can be seen from the box above, we feel that only IRB has some chance
of adding to its profits in the last hour; However, as we have said before, if you
have made adequate profits today, you should be quitting this market now; The
Nifty has taken a fall to 8650 after the last Update, but thankfully that Support
has been holding strong for three attempts till now; Global cues have turned
negative with Europe all in the red; While we feel that the Nifty will hold
8650 today, and make some recovery before closing, it will be better to
Stay Away from this market and take home your profits; Do not take
any undue risks that can push you to losses in the last hour;
The Nifty will close in the green/flat today.

 


 

Please also see our Today's Performance or Details page