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Alerts / Updates

for Tuesday, 04-Oct-2016


 

SUGGESTS:

 

CAIRN

 

ONGC

 

SUNTV

 

ALSO SEE:

ARVIND

ASHOKLEY

KTKBANK

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, 04-Oct-2016

SMS Pre-Market

Suggests: CAIRN ONGC SUNTV;
Also See: ARVIND ASHOKLEY KTKBANK;
Valid for date: 04-Oct-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8760, 8790, 8820, 8870, 8910;
NIFTY Support levels are: 8690, 8640, 8600, 8560, 8510;

 


 

SMS-1

04Oct(10:00) Gap-up openng; Going Choppy;
See ONGC>269.50 KTKBANK>153;
Watch CAIRN>211.50 SUNTV>534;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small 20-point gap-up opening today for the Nifty, at around 8760, and the
the important level of 8750 has been crossed at the opening itself; The index
is now range-bound between 8760-8780; US markets had closed in the red last
night for no apparent reason; Asian markets are all in the green today morning;
For the Nifty today, crossing the difficult Resistance at 8760-8790 is now under
process; At home, the Monetary Policy Committee (MPC) of the Reserve Bank of
India has been brainstorming over the bimonthly policy review since Monday and
will announce its first policy this afternoon; Dalal Street largely expects RBI to
maintain status quo; But some analysts are hoping against hope to see a 25
basis points rate cut; Much of today's trading pattern will depend on this
announcement; Keep constant vigil; Do not be in a hurry to get in; Look
at 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
ONGC 269.50 264 272 275 220
KTKBANK 153 150 155 156 390

Also watch CAIRN>211.50 and SUNTV>534 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

04Oct(11:00) Nifty in green; Flat; CAIRN gave profit;
See CAIRN>215 KTKBANK>152.50 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN In at 211.50, Out at 215
See again after 215
This can give more profits today..
ONGC Stuck at 270; Old levels still valid
SUNTV Going down; Avoid, for now
ARVIND Choppy & Uncertain; Avoid, for now
ASHOKLEY Going down; Low Volume; Avoid, for now
KTKBANK See after 152.50 Took a fall; Recovering; Watch carefully

Profits have come from one of our Suggests in the first hour, and about three
of them look good at this time, provided the Nifty starts to move up; It has done
a good job so far in holding above 8750-level, but the Resistance at 8760-8790
is still holding strong; The Nifty continues to be quiet and range-bound; All are
still waiting for RBI announcement; Be prepared for some sharp movement once
that comes in; Keep constant vigil; Look at all the possible angles 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

04Oct(12:30) Nifty below 8750; Slight -ve bias; CAIRN added
marginal profit; No Suggest looks good for LONG at this time;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Out at 215.50 Going down now; But can turn up again
ONGC Still stuck at 270; Best to Exit,
if in, and go Marginal with this
SUNTV Going down; Avoid, for now
ARVIND Choppy & Uncertain; Avoid, for now
ASHOKLEY Going down; Low Volume; Avoid, for now
KTKBANK Took a fall; Going Flat; Avoid, for now

Not much has happened with our Suggests after the last Update and we do not
expect anything great at this time; The Nifty has developed a distinct negative bias,
and is choppy now just above the line, in the green; 8750-level is still intact, but
we are doubtful whether it will hold for long; Unless we get some positive trigger;
Otherwise, the Nifty will stand to lose all the morning gains; Keep constant vigil;
Look at all alternatives very 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; We do not want any losses today.

 


 

SMS-4

04Oct(2:30) Nifty flat above line; ONGC gave profit;
CAIRN>215.50 ONGC>272 still good for more in LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN See after 215.50 Holding flat at 215; Can turn up again
ONGC In at 269.50, Out at 271.80
See again after 272
This has chances of more in last hour
SUNTV Going down; Avoid in last hour
ARVIND Going down; Avoid in last hour
ASHOKLEY Low Volume; Avoid in last hour
KTKBANK Choppy & Uncertain; Avoid in last hour

ONGC would have given you profits today if you were patient with it and willing
to take some risks; But it was not easy profits; This and the earlier profit maker
still looks good for more in the last hour; The Nifty has remained choppy around
8750-mark, which it is still holding; We should get news about the RBI rate policy
anytime now, and further market direction will depend on that; Any positive news
should take the market higher; Be very careful and alert; There can be sudden and
sharp reactions from the market; If you have made your profits today, consider
quitting and take home 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