IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 06-Sept-2016


 

SUGGESTS:

 

BANKBARODA

 

JKTYRE

 

RELCAPITAL

 

ALSO SEE:

ADANIPORTS

INDIACEM

TATAMTRDVR

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, 06-Sept-2016

SMS Pre-Market

Suggests: BANKBARODA JKTYRE RELCAPITAL;
Also See: ADANIPORTS INDIACEM TATAMTRDVR;
Valid for 06-Sept-2016; All for LONG;
Details at site -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8830, 8870, 8900, 8930, 8970;
NIFTY Support levels are: 8770, 8710, 8680, 8640, 8600;

 


 

SMS-1

06Sept(10:00) Gap-up openng; Going Good;
See RELCAPITAL>553 TATAMTRDVR>361;
Watch JKTYRE>150 INDIACEM>157;
For LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A strong 50-point gap-up opening today for the Nifty, at around 8860, and
the index has a positive bias after opening; Global markets are good today
morning, after cooling US rate hike expectations helped shares notch up solid
gains globally on Monday; Also, oil prices have remained steady after Russia and
Saudi Arabia agreed to cooperate on stabilising the oil market; European stocks
touched an eight-month high in choppy trading then reduced some, in the absence
of US markets, which were closed for Labor Day; Asian markets are positive today
after Monday's US holiday, as investors awaited a policy decision from the Reserve
Bank of Australia; At home, the Nifty50 has reclaimed its crucial psychological level
of 8850 and is holding that level comfortably now; The target is 8900-9000 levels;
There is Support now at 8820 and 8760; Be very Alert about false starts today,
specially in the first half; Sudden profit booking downsides are very much to
be expected at such high levels; 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 holds now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
RELCAPITAL 553 545 558 564 100
TATAMTRDVR 361 356 365 370 160

Also watch JKTYRE>150 and INDIACEM>157 if upsurge holds 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

06Sept(11:00) Nifty at 8900; +ve bias; JKTYRE gave profit;
RELCAPITAL TATAMTRDVR Marginal; See JKTYRE>152.50
now if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BANKBARODA Flat & Uncertain around 169.50; Avoid, for now
JKTYRE In at 150, Out at 152.30
See again after 152.50
Down at 151.50 now; There is chance for more
RELCAPITAL Marginal at 553 There is chance here, but exit Marginal if
no upside comes in the next 15-20 minutes
ADANIPORTS Took a fall; Recovering; Avoid, for now
INDIACEM Going down; Scrappy; Avoid, for now
TATAMTRDVR Marginal at 361 Stuck at 362; There is chance, but exit Marginal
if no upside comes in the next 15-20 minutes

Some profits have come from one of our Suggests in the first hour, and two others
are Marginal at this time; You have to be very careful with these two, specially
since the Nifty seems to have run out of steam after a fantastic run; The index is
at 8895 now, having touched a high of 8898; It is expected that the 8900-level
will be difficult to cross and some consolidation will come in just below that mark;
Even some profit-booking downside might come in; Be careful about that; Look
at all angles carefully before you decide to take any action; 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

06Sept(12:30) Nifty above 8900; Going Good; None gave profit;
RELCAPITAL TATAMTRDVR Marginal; No Suggest looks good
for LONG at this time; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKBARODA Choppy, but can give chances after 171
JKTYRE No progress after last Update;
But this still can give another chance
RELCAPITAL Marginal at 553 Choppy & Uncertain; Best to Exit & Avoid
ADANIPORTS Still Recovering; Watch after 271.50
INDIACEM Going down; Scrappy; Avoid, for now
TATAMTRDVR Marginal at 361 There is still chance here, we feel; Be careful..

Sorry to say, our Suggests have not been able to take advantage of the fantastic
progress of the Nifty today; There has been no further returns from our Suggests
after the last Update; Although we have shown hope with some of our Suggests
in the box above, we do not have the makings of any run-away winner till now;
We still expect some consolidation in the Nifty around 8900; Be careful and alert
about sudden downsides; Protect your profits; Do not take any action unless
you are absolutely sure of what you are doing; Do not take any unnecessary
risks that can take you to losses; We do not want any losses today.

 


 

SMS-4

06Sept(2:30) Nifty flat around 8900; The Marginals gave profit;
These 2 still look good for more in LONG if upsurge holds
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKBARODA Choppy & Uncertain; Best to Avoid in last hour
JKTYRE No progress; Best to Avoid in last hour
RELCAPITAL In at 553, Out at 561.80
See again after 562
This has paid off if you were patient;
Can give even more in last hour
ADANIPORTS Choppy & Uncertain; Best to Avoid in last hour
INDIACEM Flat & Scrappy; Best to Avoid in last hour
TATAMTRDVR In at 361, Out at 367.80
See again after 368
There is still chance for more here..

The Nifty continues to do a fantastic job, and the next logical target for the
index stands at 9000, which also holds maximum options in Call open interest,
but before that there is Resistance at 8930 and 8970; Meanwhile, our two
Marginal cases have finally woken up and have give good profits till now;
More from these two are expected in the last hour; As always, keep a lookout
for sudden downsides at such high levels; If you have made your target profits
for the day, consider quitting now and take home your profits; Protect your
profits; Do not take any unnecessary risks in the last hour that can push
you to losses; The Nifty will close in the green today, above 8900.

 


 

Please also see our Today's Performance or Details page