IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 24-Aug-2016


 

SUGGESTS:

 

BANKBARODA

 

DISHTV

 

INDIACEM

 

ALSO SEE:

BHARTIARTL

RELCAPITAL

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 Wednesday, 24-Aug-2016

SMS Pre-Market

Suggests: BANKBARODA DISHTV INDIACEM;
Also See: BHARTIARTL RELCAPITAL ZEEL;
Valid for 24-Aug-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8650, 8690, 8720, 8780, 8830;
NIFTY Support levels are: 8610, 8580, 8540, 8510, 8470;

 


 

SMS-1

24Aug(10:00) Gap-up openng; Range-Bound;
See INDIACEM>143 RELCAPITAL>479;
Watch BANKBARODA>165 DISHTV>98;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-up opening for the Nifty today, at around 8660, and the index
has again gone into range-bound trading around 8640; Global cues today are
very mixed as US markets had closed with small gains last night due to good
housing data, but Asian markets are mostly in the red ahead of US Fed news;
In our market, some choppiness is expected as tomorrow is F&O Expiry; There
are no domestic cues; The crucial level of 8650-8640 is being negotiated now,
and needs to be crossed conclusively for further upside; There is good Support
at 8610 and 8580; 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
INDIACEM 143 138 145 148 410
RELCAPITAL 479 472 484 490 120

Also watch BANKBARODA>165 and DISHTV>98 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

24Aug(11:00) Nifty in green; Flat; INDIACEM gave profit;
See INDIACEM>147.50 BHARTIARTL>358 ZEEL>524 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BANKBARODA Choppy; Low Volume; Avoid, for now
DISHTV Scrappy; Low Volume; Avoid, for now
INDIACEM In at 143, Out at 147.40
See again after 147.50
At 146 now, Can give another chance
BHARTIARTL See after 358 Good chance from 354 to 358 was lost as we
did not choose this; Can give another chance
RELCAPITAL Choppy & Uncertain; Avoid, for now
ZEEL See after 524 Flat at 521 now; Watch carefully..

One profit has come and another was missed; We have shown faith in three of
our Suggests in the box above, but you have to be very careful going forward
as the general market is going nowhere; The Nifty is still flat and fluctuating in
a narrow band around 8640; Resistance at 8650 is still holding; We'll not see
any real progress for our Suggests until 8650 level is 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

24Aug(12:30) Nifty in red; -ve bias; No Suggest gave profit;
None looks good for LONG at this time; Best to Stay Away
until mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKBARODA Choppy; Low Volume; Avoid, for now
DISHTV Scrappy; Low Volume; Avoid, for now
INDIACEM No improvement after last Update;
Still very flat; But watch after 147
BHARTIARTL Going down; Avoid, for now
RELCAPITAL Choppy & Uncertain; But watch after 480
ZEEL Choppy & Uncertain; Avoid, for now

No improvements were seen from our Suggests after the last Update, as was
expected; The Nifty could not break the 8650 barrier; On the contrary, has fallen
down below the line to touch a low of 8620; None of our Suggests look good for
profits in LONG at this hour, except for an outside chance in two of them; 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

24Aug(2:30) Nifty choppy around line; RELCAPITAL gave profit;
Only RELCAPITAL>486 looks good for more if upsurge comes
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKBARODA Choppy & Uncertain; Low Volume; Avoid
DISHTV Scrappy; Low Volume; Risky; Avoid
INDIACEM No further development since 2nd Update;
Can still give another chance after 147
BHARTIARTL Going down; Can jump up; But best to Avoid
RELCAPITAL In at 480, Out at 485.50
See again after 486
There can be more here in the last hour
ZEEL Choppy & Uncertain; Avoid

Some unexpected profits have come from one Suggest and this can give more
in the last hour; The Nifty is choppy around the line, with Resistance at 8650
still holding strong; The Nifty range has been 8620-8650 for most part of the
day; Europe is marginally in the green and there are no domestic cues; We feel
that the Nifty will keep trying to cross 8650, and can surge upwards before the
closing today, just like yesterday; However, if you have made any profits today
from the two winning Suggests, it will be wise to stop trading in this market
now and take home your profits; Do not take any undue risks that can
push you to losses in the last hour; Protect your profits;
The Nifty will close in the green/flat today.

 


 

Please also see our Today's Performance or Details page