IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 06-Oct-2016


 

SUGGESTS:

 

CAIRN

 

CANBK

 

TATAGLOBAL

 

ALSO SEE:

INDIACEM

RECLTD

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 Thursday, 06-Oct-2016

SMS Pre-Market

Suggests: CAIRN CANBK TATAGLOBAL;
Also See: INDIACEM RECLTD TATAMTRDVR;
Valid for: 06-Oct-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8780, 8820, 8870, 8910, 8960;
NIFTY Support levels are: 8690, 8640, 8600, 8560, 8510;

 


 

SMS-1

06Oct(10:00) Gap-up openng; Going Choppy;
See CAIRN>226 INDIACEM>161;
Watch RECLTD>135 TATAMTRDVR>366;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another small 30-point gap-up opening today for the Nifty, above 8770, and
the index has shown a slight positive bias after the start; Global cues are
mixed and most of Asia are in the green at this time; The market has been
in the grip of profit-booking driven by outside cues for the last 2 sessions;
This trend might continue today unless we get some positive trigger;
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
CAIRN 226 221 229 232 260
INDIACEM 161 157 163 165 370

Also watch RECLTD>135 and TATAMTRDVR>366 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

06Oct(11:00) Nifty at 8770; Range-Bound; No Suggest
gave profit; See CAIRN>226 INDIACEM>161 now
if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN See after 226 Holding steady at 224; Watch this..
CANBK Choppy & Uncertain; Avoid, for now
TATAGLOBAL Choppy, but holding; Watch after 155
INDIACEM See after 161 This is also holding; Watch this..
RECLTD Going down; Avoid, for now
TATAMTRDVR Going down; Avoid, for now

No profits have come from any of our Suggests in the first hour, but three of
them look promising at this time; The upward bias for the Nifty after the start,
has levelled out now; The index is flat and range-bound around 8770; Unless the
Nifty starts to move up from here, our Suggests will not have much chance; 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.

 


 

SMS-3

06Oct(12:30) Mkt in green; +ve bias; CAIRN gave profit;
See CAIRN>229 CANBK>337 TATAMTRDVR>363 if mkt
upturn strengthens; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN In at 226, Out at 229
See again after 229
This can give further chances today..
CANBK See after 337 Choppy, but steady; Watch this..
TATAGLOBAL Going down; Avoid, for now
INDIACEM Choppy, but holding; Watch after 161
RECLTD Uncertain; Avoid, for now
TATAMTRDVR See after 363 Slight positive bias; Watch carefully..

Some profits have come from one of our Suggests and a few others might develop
towards profits, if the Nifty can keep the upward movement on; At 8775 now,
trying to get past the Resistance at 8780-8800; Europe is expected to open
positive and that should help; 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.

 


 

Please also see our Today's Performance or Details page