IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 23-Aug-2016


 

SUGGESTS:

 

DISHMAN

 

IRB

 

JISLJALEQS

 

ALSO SEE:

ITC

KTKBANK

ZEEL

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, 23-Aug-2016

SMS Pre-Market

Suggests: DISHMAN IRB JISLJALEQS;
Also See: ITC KTKBANK ZEEL;
Valid for date: 23-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8650, 8690, 8720, 8780, 8830;
NIFTY Support levels are: 8600, 8570, 8540, 8510, 8470;

 


 

SMS-1

23Aug(10:00) Flat openng; Going Choppy;
See IRB>238 JISLJALEQS>85;
Watch DISHMAN>180 KTKBANK>158;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 8630, and the index has been
choppy with a slight positive bias in the 8610-8640 range after the opening;
Global cues are mixed as US markets had closed flat last night as Oil ended
its biggest rally in four years, while Asian markets are mostly in the red
awaiting comments from US Fed; In our market, appointment of Urjit Patel as
the next RBI Governor is still being analysed by the Street; We have the F&O
Expiry on Thursday which might bring in some choppiness; Otherwise, there are
no domestic cues; The level of 8650-8640 needs to be taken back ASAP, and
8600 is good Support at this time; 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 238 232 241 245 250
JISLJALEQS 85 83 86 87 700

Also watch DISHMAN>180 and KTKBANK>158 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

23Aug(11:00) Nifty in red; Choppy; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DISHMAN Choppy; Slight negative bias; Avoid, for now
IRB Recovering after a fall; Watch after 238
JISLJALEQS Recovering after a fall; Watch after 84.50
ITC Going down; Avoid, for now
KTKBANK Flat after a fall; Watch after 157
ZEEL Choppy & Uncertain; Avoid, for now

Today's market is also risky for Intraday Trading in LONG; The Nifty has been
flat and choppy around the line since opening; None of our Suggests look good at
this time, but we have shown hope in three of them in the box above; Provided,
that the Nifty starts to go up and 8640-8650 levels are recovered; 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

23Aug(12:30) Mkt in red; Going Flat; No Suggest gave profit;
See IRB>238 JISLJALEQS>84.50 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHMAN Choppy; Low Volume; But watch after 180
IRB See after 238 Still Recovering; Watch carefully..
JISLJALEQS See after 84.50 This is also recovering; Watch carefully..
ITC Going down; Avoid, for now
KTKBANK Choppy, but holding; Watch after 157
ZEEL Choppy & Uncertain; Avoid, for now

If you look closely, there has been absolutely no progress for our Suggests
since the last Update; Everything is still where they were; But the situation
might change now, specially if the Nifty starts to go up, and Europe can open
good; The Nifty needs to take back the crucial 8640-8650 levels for any real
progress; 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 if you are in doubt;
We do not want any losses today.

 


 

SMS-4

23Aug(2:30) Nifty in red; Choppy; No Suggest gave profit;
None 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
DISHMAN Took a fall; Recovering; Best to Avoid
IRB Took a fall; Recovering again; Watch this..
JISLJALEQS This is also recovering; But best to Avoid
ITC Flat & Uncertain; Scrappy; Avoid
KTKBANK Choppy & Uncertain; Watch this..
ZEEL Choppy & Uncertain; Risky; Avoid

Let us be prepared to go profit-less today; That will be a million times
better than getting into a loss; The Nifty had taken another fall after our
last Update, in spite of Europe opening good; 8600-level was also breached
with the Nifty hitting a low of 8580; Some recovery has taken place and the
index is at 8610 now; As we said before, Nifty needs to take back the crucial
8640-8650 levels for any real progress; It is not wise to carry on in this
market; It will be better to Stay Away from this market and go profit less
if you have to; 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