IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 08-Sept-2016


 

SUGGESTS:

 

ASHOKLEY

 

JETAIRWAYS

 

UNIONBANK

 

ALSO SEE:

BHEL

IBREALEST

NMDC

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, 08-Sept-2016

SMS Pre-Market

Suggests: ASHOKLEY JETAIRWAYS UNIONBANK;
Also See: BHEL IBREALEST NMDC;
Valid for: 08-Sept-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8960, 9040, 9070, 9100, 9160;
NIFTY Support levels are: 8890, 8860, 8820, 8770, 8710;

 


 

SMS-1

08Sept(10:00) Flat openng; Choppy;
See JETAIRWAYS>559 UNIONBANK>154.50;
Watch BHEL>157.50 IBREALEST>84;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat opening today for the Nifty, at around 8905, but the index is
showing small signs of weakness after opening today; It is choppy and quiet
just below the line, in the red, but still holding on to 8900-level; Global cues
are again mixed today morning; US stocks had closed with marginal losses last
night; Asian markets are also fluctuating around the line, but mostly in the red
at this time; Global cues awaited are Chinese trade data, Japanese GDP data
and European Central Bank's interest rate decision later in the day; There are
no domestic cues; For the Nifty today, range-bound trading is expected, much
like yesterday, with slight positive bias; Much will depend on external cues;
We expect the Nifty to hold 8900-level at all cost; Target is still the crucial
psychological level of 9000 and then the life-time high of 9119; Support is
at 8890 and 8860; We are not ruling out a profit booking fall below these
levels, as can be expected at such high levels; Be Alert about false starts,
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
JETAIRWAYS 559 550 565 573 100
UNIONBANK 154.50 150 157 159 380

Also watch BHEL>157.50 and IBREALEST>84 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

08Sept(11:00) Nifty has slight +ve bias; IBREALEST gave
profit; See ASHOKLEY>88.70 IBREALEST>85.30 now
if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY See after 88.70 May develop a positive bias; Watch carefully..
JETAIRWAYS Took a fall; Might Recover; Avoid, for now
UNIONBANK Flat & Undecided; Avoid, for now
BHEL Stuck badly at 156; But might flare up..
IBREALEST In at 84, Out at 85.30
See again after 85.30
Down at 84.70 now; Might give more today
NMDC Going down slowly; Avoid for now

Some profits have come from one of our Suggests in the first hour, and we are hopeful
with two of our Suggests at this time; The Nifty has meanwhile recovered a little and
has come into the green zone; 8900-level looks safe for now; If the positive bias
holds, the index will recover 8950; But as we said before, be careful of sudden
profit-booking downside that can come at such high levels; Look at all
angles very carefully before you decide to take any action; 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

08Sept(12:30) Nifty on line; Choppy; IBREALEST added small
profit; Only IBREALEST>85.50 looks good now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Scrappy & Low Volume; Avoid, for now
JETAIRWAYS Going down; Avoid, for now
UNIONBANK Flat & Undecided; But watch after 153.50
BHEL Still stuck; Can flare up anytime..
IBREALEST Out at 85.50
See again after 85.50
Down again at 84.50 now; Can go up again
NMDC Still down; Avoid for now

Some small profits have been added by IBREALEST and that is the only Suggest
looking good for more at this time; The Nifty is not playing true; Slight positive
bias we saw had taken the index up to 8935, but it had again fallen into the red
to about 8910; Recovering now; This range-bound trading is likely to continue
unless we get a trigger; Europe is expected to open lower ahead of ECB meet;
Asia is totally mixed and the TCS warning has taken a toll on IT scrips; Not much
is expected from the Nifty just now; Be careful of sudden profit-booking downside
that can come at such high levels; Protect your profits; Do not take any action
unless you are absolutely sure of what you are doing; Do not take any undue
risks that can take you to losses; We do not want any losses today.

 


 

SMS-4

08Sept(2:30) Nifty at 8940; +ve bias; 2 Suggests gave profit;
JETAIRWAYS>552 IBREALEST>87 still good for LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Scrappy & Low Volume; Avoid
JETAIRWAYS See above 552 Can give profits in last hour, but be careful..
UNIONBANK Flat & Undecided; Best to Avoid
BHEL In at 158, Out at 162.80 Entry has come following level given earlier;
Had flared up; Has fallen; Best to Avoid
IBREALEST Out at 86.80
See again after 86.80
This can give more in last hour
NMDC Still down; Avoid

Good profits have come from two of our Suggests and at this last hour, no matter
what is written in the box above, several of our Suggests can give more if the Nifty
continues to give upward push; It is just below 8950 now, and is showing positive
bias; There is Resistance at 8960-8970 which will be tested before closing today;
Global cues are supportive; However, we are still not ruling out a sudden profit-
booking downside that can come anytime at such high levels; So, once you
have made your target profits for the day, exit and Stay Away; 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.

 


 

Please also see our Today's Performance or Details page