IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 01-Sept-2016


 

SUGGESTS:

 

AMBUJACEM

 

ITC

 

PFC

 

ALSO SEE:

CHENNPETRO

IDFC

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 Thursday, 01-Sept-2016

SMS Pre-Market

Suggests: AMBUJACEM ITC PFC;
Also See: CHENNPETRO IDFC ZEEL;
Valid for date: 01-Sept-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8830, 8870, 8900, 8930, 8970;
NIFTY Support levels are: 8760, 8710, 8680, 8640, 8600;

 


 

SMS-1

01Sept(10:00) Flat openng; Choppy;
See PFC>123 IDFC>64;
Watch ITC>261.50 CHENNPETRO>296;
All for LONG if upsurge comes; Careful today..
Details at site -INTDAY

 

Update-1: 10:00am

A flat opening today, around 8790, for the Nifty and the index has been choppy
around the line after the opening; A slight negative bias may be setting in now;
Global markets are bad today with US markets closing lower once again on oil
and energy worries; Asian markets are mostly down at this time despite better
than expected China PMI data; In our market, the crucial mark of 8800 is under
threat this morning as the Nifty had gone down to 8775 at one time already after
opening; Reports showed India's economic growth hit a 15-month low in the April
to June quarter at 7.1 per cent, which is well below Street predictions, and this is
taking a toll today in the market; The Nifty Support at 8760-8740 will now have
to hold to stop a steep decline; On the Upside, it has to cross the Resistance
at 8830 as its first Target; 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 take Entry;
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
PFC 123 119 125 127 480
IDFC 64 61 65 66 930

Also watch ITC>261.50 and CHENNPETRO>296 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

01Sept(11:00) Nifty in green; Choppy; 2 Suggests gave profit;
See PFC>125 CHENNPETRO>303 IDFC>63.70 now
if mkt turns up again; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AMBUJACEM Choppy & Uncertain; But watch after 276
ITC Flat & Uncertain; Avoid, for now
PFC In at 123, Out at 124.70
See again after 125
At 124 now; Watch carefully..
CHENNPETRO In at 296, Out at 303
See again after 303
Sudden and Sharp upside had come;
Can give a similar upside again from 301
IDFC See after 63.70 Flat & Quiet; Can flare up; Watch carefully..
ZEEL Choppy & Uncertain; But watch after 540

Some profits have already come from two of our Suggests in the first hour, and
we are hopeful with most others at this time; The Nifty is choppy, but holding
around 8800; It will need to go up further towards 8830 to consolidate its
position, and give our Suggests good chances; Be careful of false starts;
Look at all angles carefully before you decide to buy; Do not take any
undue risks in haste that can take you to losses; Protect your profits;
Stay Away if you are not sure about what to do.

 


 

SMS-3

01Sept(12:30) Mkt in red; Choppy around line; No Suggest gave
profit; None looks good for LONG at this time; Await Europe
openng; Careful... See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AMBUJACEM Marginal at 276 There is chance here, but be careful if in..
ITC Very Flat at 260; Avoid, for now
PFC Took a fall; Recovering; Watch after 124.50
CHENNPETRO Recovering; Can give upside again from 301
IDFC Choppy & Uncertain; Low Volume; Avoid
ZEEL Very Flat at 538; Avoid, for now

No further progress for our Suggests, and nothing really looks good for
LONG at this time; The Nifty has lost its hold on 8800 and is now in the red,
choppy in the 8770-8790 band; Globally, Asian markets are turning red, Europe
is not expected to open good; No help there; At home the Rel-Jio threat is being
analysed; Be careful and alert about sudden downsides; Protect your profits;
Do not take any unnecessary risks that can take you to losses;
We do not want any losses today.

 


 

Please also see our Today's Performance or Details page