IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 21-Sept-2016


 

SUGGESTS:

 

DISHMAN

 

HINDALCO

 

RECLTD

 

ALSO SEE:

ESCORTS

ICICIBANK

MOTHERSUMI

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, 21-Sept-2016

SMS Pre-Market

Suggests: DISHMAN HINDALCO RECLTD;
Also See: ESCORTS ICICIBANK MOTHERSUMI;
Valid for 21-Sept-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8800, 8830, 8870, 8900, 8970;
NIFTY Support levels are: 8750, 8700, 8640, 8600, 8570;

 


 

SMS-1

21Sept(10:00) Flat openng; Going Choppy;
See HINDALCO>149 RECLTD>243.50;
Watch DISHMAN>210 ESCORTS>377;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another flat opening for the Nifty today, at around 8780, and the index has
remained flat and choppy in the green, just around 8800, after the opening;
The 8800-level is yet to be captured; Global cues are cautious ahead of the
outcome of the Bank of Japan (BoJ) and the US Federal Reserve's money policy
reviews later in the day; While the outcome of the BoJ policy will be known at
midday today, the market will react to the US Fed policy and comments on the
possibility of a December rate hike tomorrow; The Bank of Japan is expected to
further ease its ultra-loose policies, and this should bring cheer to the market;
Another news that might bring good cheers to the market is that Moody's says
it could upgrade India's rating soon if it is convinced that reforms are tangible;
For the Nifty today, the first target is still to reclaim the 8800-mark and then
tackle the Resistance at 8830-8850; On the downside, there is Support at
8750-8730; 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, 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
HINDALCO 149 145 151 154 400
RECLTD 243.50 239 246 248 240

Also watch DISHMAN>210 and ESCORTS>377 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

21Sept(11:00) Nifty at 8820; +ve bias; HINDALCO gave small
profit; See HINDALCO>150 RECLTD>243.50 now if mkt
upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DISHMAN Flat & Uncertain, but watch after 210
HINDALCO In at 149, Out at 150
See again after 150
Going up; This can give more today
RECLTD See after 243.50 This has touched Trigger once; There was
no Entry; Flat at 243 now; Watch Carefully..
ESCORTS Flat & Uncertain; Avoid, for now
ICICIBANK Choppy & Uncertain; Avoid, for now
MOTHERSUMI Choppy & Uncertain; Avoid, for now

Small profits have come from one Suggest in the first hour and this one is capable
of giving more profits today; There are two others that look good at this time; The
Nifty, in the mean time, has been doing a very good job, and has crossed the barrier
at 8800; The index is now busy negotiating the Resistance at 8830-8850; More
upside will be possible if the Nifty can get past these levels; Keep constant vigil;
Look at all angles carefully before you decide to take Entry; Get in only if you
are absolutely sure; Do not take any unnecessary risks in haste that can take
you to losses; Stay Away if you are not sure about what to do.

 


 

SMS-3

21Sept(12:30) Nifty at 8820; Flat; HINDALCO added small
profit; Only HINDALCO>150.50 looks good now for more;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHMAN Flat & Uncertain; Avoid, for now
HINDALCO Out at 150.50
See again after 150.50
This can still give more profits today
RECLTD Took a fall; Recovering; Avoid, for now
ESCORTS Very Flat at 374; Can flare up...
ICICIBANK Choppy & Uncertain; Avoid, for now
MOTHERSUMI Choppy & Uncertain; Avoid, for now

There has not been any action from our Suggests after the last Update; The Nifty
has remained flat and quiet around 8820; Not much effort was seen by the index
to cross over the Resistance at 8830-8850; But we still believe that it is possible
for the Nifty to cross that; Globally, BoJ has not disappointed Asia, and Europe is
expected to open good; Maybe that will be a trigger; Be very careful in what you
do going forward; Look at all alternatives carefully before you take any decision;
Get in only if you are very sure of your actions; Do not take any undue risks that
can take you to losses; Protect your profits; We do not want any losses today.

 


 

SMS-4

21Sept(2:30) Mkt in red; Uncertain; HINDALCO added
small profit; Only HINDALCO>151.50 still good for LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DISHMAN Going down now; Best to Avoid
HINDALCO Out at 151.30
See again after 151.50
Not much chances seen in last hour;
But still, keep watching..
RECLTD Going down; Avoid in the last hour
ESCORTS This can still flare up in the last hour..
ICICIBANK Choppy & Uncertain; Avoid in the last hour
MOTHERSUMI Choppy & Uncertain; Avoid in the last hour

Small profits have again been added by HINDALCO, and besides that, nothing else
have happened with our Suggests after the last Update; The expected trigger from
a good Europe opening has not come for the Nifty, although Europe is in the green
at this time; On the contrary, the Nifty has come in to the grip of profit-taking
and has come down to 8760, in the red, from a high of 8830; The important
level of 8800 has again been lost; We feel that some kind of recovery will come
before closing time today, and 8800-level will be recovered, and if that happens,
our Suggests can give smart upside surges from present lows; But it will be better
not to take chances if you are already in profit; Do not take any unnecessary
risks in the last hour that can push you to losses; Protect your profits;
The Nifty will close in the green/flat today.

 


 

Please also see our Today's Performance or Details page