IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 17-Oct-2016


 

SUGGESTS:

 

JINDALSAW

 

PETRONET

 

VOLTAS

 

ALSO SEE:

IRB

ONGC

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 Monday, 17-Oct-2016

SMS Pre-Market

Suggests: JINDALSAW PETRONET VOLTAS;
Also See: IRB ONGC TATAMTRDVR;
Valid for date: 17-Oct-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8610, 8640, 8670, 8710, 8760;
NIFTY Support levels are: 8540, 8510, 8470, 8440, 8390;

 


 

SMS-1

17Oct(10:00) Flat openng; Going Flat;
See PETRONET>409 VOLTAS>405;
Watch JINDALSAW>67.30 ONGC>281;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A good opening today for the Nifty, above 8610, but the index has given away
all the gains after the start; On the line now, at 8585; Global markets are mixed
as the uncertainty about US Fed moves continue; At home, the Nifty is facing
good Resistance at the 8600-mark; Going above this 8600-level is important
now; There is Support at 8560-8540; 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
PETRONET 409 403 414 421 140
VOLTAS 405 399 410 417 140

Also watch JINDALSAW>67.30 and ONGC>281 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

17Oct(11:00) Nifty Choppy around Line; No Suggest gave
profit; PETRONET Marginal at 409; See IRB>242
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
JINDALSAW Going down; Avoid, for now
PETRONET Marginal at 409 Watch this carefully.. Can give chances..
VOLTAS Choppy, but holding; Watch after 404
IRB See after 242 This can give chances; Watch carefully..
ONGC Choppy & Uncertain; Avoid, for now
TATAMTRDVR Going flat; Avoid, for now

No profits have come from any of our Suggests in the first hour, but a couple of
them look promising at this time; The Nifty has remained choppy and very uncertain
around the line, below 8600-level; The going is uncertain from here; 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

17Oct(12:30) Nifty in red; Going down; IRB gave small
profit; PETRONET Marginal; No Suggest looks good for
LONG now; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
JINDALSAW Going down; Avoid, for now
PETRONET Marginal at 409 Has gone down to 400; Avoid, for now
VOLTAS Going down; But can turn up..
IRB In at 242, Out at 243.30 Has taken a fall but can turn up again
ONGC Took a fall; Avoid, for now
TATAMTRDVR Very Uncertain; Avoid, for now

Very small profits have come from one Suggest, but the going is difficult now;
The Nifty has taken a fall below 8550 and is at 8530 now; The important level
of 8500 is under threat; However, if the Nifty can hold position at current levels,
and move up a little, out Suggests are capable to give profits from present lows;
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

17Oct(2:30) Mkt in red; Going Flat; TATAMTRDVR gave
small profit; No Suggest looks good for LONG now;
Best to Stay Away in the last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
JINDALSAW Going down; Best to Avoid
PETRONET Marginal at 409 Holding flat at 402; Best to Avoid
VOLTAS Uncertain; Best to Avoid
IRB No further improvement after last Update;
Holding around 236; Best to Avoid
ONGC Choppy & Uncertain; Best to Avoid
TATAMTRDVR In at 361, Out at 363.30 Entry came following our PricePoints;
Going down now; Best to Avoid

Another very small profits have come from one more Suggest, and that is about all
we will get today; The downward slide of the Nifty has been stopped by the Support
at 8510-8530, and no further decline has been seen after the last Update; It is
time now to close shop and take home our profits, if any; If nothing has come, go
profit-less today; Do not take any unnecessary risks in the last hour that can
push you to losses; The Nifty will close red today.

 


 

Please also see our Today's Performance or Details page