IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 22-Aug-2016


 

SUGGESTS:

 

BANKBARODA

 

CAIRN

 

IRB

 

ALSO SEE:

DELTACORP

PETRONET

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 Monday, 22-Aug-2016

SMS Pre-Market

Suggests: BANKBARODA CAIRN IRB;
Also See: DELTACORP PETRONET VOLTAS;
Valid for date: 22-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

22Aug(10:00) Flat openng; Going Down;
See DELTACORP>150 VOLTAS>378;
Watch CAIRN>209 PETRONET>343;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 8665, and the index has been
choppy in the 8640-8685 range after the opening; Global cues are negative;
US markets had closed down on Friday last, while Asian markets are mostly
in the red at this time; In our market, appointment of Urjit Patel as the next
RBI Governor, to take over from Raghuram Rajan on September 4, is being
analysed by the Street; This change of guard is not expected to create any
turmoil, and some gains are expected for the Nifty later in the day; The level
of 8650-8640 is under attack once again, and 8690-8700 is still a formidable
Resistance to cross; 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
DELTACORP 150 146 152 154 400
VOLTAS 378 374 382 386 150

Also watch CAIRN>209 and PETRONET>343 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

22Aug(11:00) Nifty in red; Recovering; No Suggest gave profit;
See IRB>231 DELTACORP>150 VOLTAS>376 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BANKBARODA Recovering; Watch after 161
CAIRN Flat after a fall; Avoid, for now
IRB See after 231 Recovering after a fall; Watch carefully..
DELTACORP See after 150 Touched Trigger once; Watch carefully..
PETRONET Going down; Avoid, for now
VOLTAS See after 376 Recovering after a fall; Watch carefully..

Today's market is risky for Intraday Trading in LONG; The Nifty has taken a
fall after opening and is recovering now; This recovery-phase is very, very
risky for Intraday Trading in LONG; No profits have come from our Suggests
in the first hour, but we are hopeful with 4 of them once the recovery phase
is completed; Be careful about 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

22Aug(12:30) Mkt in red; Going Flat; IRB gave small profit;
See BANKBARODA>161 IRB>233 PETRONET>335 now
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKBARODA See after 161 Recovering; Watch carefully..
CAIRN Going down again; Avoid, for now
IRB In at 231, Out at 232.80
See again after 233
There is chance for more; Keep watching..
DELTACORP Going down; Avoid, for now
PETRONET See after 335 Flat after a fall; Watch carefully..
VOLTAS Flat after a fall; Avoid, for now

Some small profits have come from IRB and we are hopeful of some more
from two of our Suggests at this time; However, this is still a very risky market
for Intraday Trading in LONG; The Nifty has taken another fall after our last
Update and the Support at 8650-8640 has been breached; The index is now
at 8620; Going flat and quiet; Be very careful, going forward; 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

22Aug(2:30) Mkt in red; Recovering; IRB added profit;
BANKBARODA Marginal; Only IRB>236 looks good for
LONG if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKBARODA Marginal at 161 It is best to quit Marginal here
CAIRN Going up after a fall; Watch after 208
IRB Out at 236
See again after 236
There is low chances for more..
DELTACORP Flat & Uncertain; Best to Avoid
PETRONET Still Flat & Uncertain; Avoid
VOLTAS Still going Flat; Avoid

Adequate profits have come from IRB, and if you have got something here, it
will be best to close shop now and take home your profits; Although the Nifty
is still recovering, and 8650 seems to have been made safe once again, and
Europe is largely in the green at this time, it is not wise to carry on in this
market; 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 red/flat today.

 


 

Please also see our Today's Performance or Details page