IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 31-Aug-2016


 

SUGGESTS:

 

CANBK

 

HINDALCO

 

TVSMOTOR

 

ALSO SEE:

DABUR

INDIACEM

ITC

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, 31-Aug-2016

SMS Pre-Market

Suggests: CANBK HINDALCO TVSMOTOR;
Also See: DABUR INDIACEM ITC;
Valid for date: 31-Aug-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8780, 8830, 8870, 8900, 8930;
NIFTY Support levels are: 8710, 8680, 8640, 8600, 8570;

 


 

SMS-1

31Aug(10:00) Gap-up openng; Going good;
See TVSMOTOR>333.50 DABUR>298;
Watch CANBK>284 HINDALCO>165.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another gap-up opening for the Nifty today, at around 8780, and the index has
been holding just below the 8800-level after the opening; A slight positive bias
is seen; Global markets are not very good today morning with US markets closing
with losses last night on renewed rate hike worries and pending jobs data; Asian
markets are mixed but mostly positive; In our market, the crucial mark of 8800 is
being negotiated now; The Nifty now has to cross the Resistance at 8830 as its
first Target; There is Support now at 8740-8710; As always, be very alert and
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 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
TVSMOTOR 333.50 328 337 340 170
DABUR 298 294 301 304 200

Also watch CANBK>284 and HINDALCO>165.50 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

31Aug(11:00) Nifty just below 8800; Going Flat;
No Suggest gave profit; See CANBK>284 DABUR>298
now if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CANBK See after 284 Recovering after a fall; Watch carefully..
HINDALCO Choppy, but Holding; Watch after 164.50
TVSMOTOR Holding flat at 330; Watch after 332
DABUR See after 298 Choppy, but holding; Watch carefully..
INDIACEM Flat & Quiet; Can flare up; Watch after 154
ITC Choppy & Uncertain; Avoid, for now

The market is uncertain today, and can be risky for Intraday Trading in LONG
if you are not sure about what you are doing; No Suggest has given any profit
in the first hour, but we are hopeful with many of them; You have to be extra
careful about false starts today; GDP figures for the June quarter is expected
to come in today at around 7.6 per cent compared with 7.9 per cent reported
for the March quarter; This speculation is taking a toll in our market today;
Look at all angles carefully before you decide to buy; Do not get in unless
you are totally confident; 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

31Aug(12:30) Nifty in green; Slight -ve bias; No Suggest gave
profit; None look good for LONG now; All can profit from
here if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CANBK Slight Negative bias; But can flare up..
HINDALCO Slight Negative bias; Avoid, for now
TVSMOTOR Holding flat at 329 now; Watch after 332
DABUR Took a fall; Flat now; Watch after 295
INDIACEM Flat & Quiet after a fall; Watch after 153
ITC Took a fall; Can recover after 258

No profits have come our way today, and we should be prepared to go profit
less unless the Nifty starts to go up; We have shown some interest in some
of our Suggests in the box above, but you will have to be very careful and be
absolutely sure before you make a buy; The Nifty is flat and range-bound in the
8770-8790 band; Global cues are uncertain as Asia is mixed and Europe is not
expected to open very positive; Be careful and alert about sudden downsides;
Do not take any unnecessary risks that can take you to losses;
We do not want any losses today.

 


 

SMS-4

31Aug(2:30) Nifty has +ve bias; No Suggest gave profit;
ITC Marginal; None looks good for LONG at this time;
Best to Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CANBK Choppy & Uncertain; Avoid in last hour
HINDALCO Slight Negative bias; Avoid in last hour
TVSMOTOR Choppy around 330; Watch after 332
DABUR Choppy & Uncertain; Watch after 295
INDIACEM Negative bias; Avoid in last hour
ITC Marginal at 258 Does not look very good; You can wait
to see if 260 is crossed, or exit now

Today is a bad day for our Suggests as none of them has been able to give any
returns despite the smart upsurge by the Nifty; We should be prepared to go
profit-less today; We have shown some interest in a few Suggests in the box
above, but they have not gone with the trend till now; So, they will be risky
in the last hour; The Nifty has risen quickly from 8770 to touch a high of
8820 almost; It has taken a pause there, but the next Resistance at 8830
will be tested again before closing today, we feel; Be very careful of sudden
downside at any time; Do not take any unnecessary risks in the last hour
that can push you to losses; The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page