IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 02-Nov-2016


 

SUGGESTS:

 

CAIRN

 

NMDC

 

TATASTEEL

 

ALSO SEE:

CADILAHC

COALINDIA

JKTYRE

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, 02-Nov-2016

SMS Pre-Market

Suggests: CAIRN NMDC TATASTEEL;
Also See: CADILAHC COALINDIA JKTYRE;
Valid for date: 02-Nov-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8650, 8710, 8760, 8790, 8820;
NIFTY Support levels are: 8600, 8560, 8510, 8470, 8440;

 


 

SMS-1

02Nov(10:00) Gap-down openng; Nifty Choppy;
See CAIRN>243 NMDC>142.50;
Watch TATASTEEL>416 JKTYRE>146.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 80-point gap-down opening today for the Nifty, around 8540, and the index
has been choppy and uncertain around that area since then; This weak opening is
because of negative global cues as US markets sold off yesterday, with the S&P 500
closing at the lowest level since July 7, amid growing concern over the impending US
presidential election and prospects for higher US interest rates; Asian markets are
down today morning as signs that Republican US presidential candidate Donald Trump
could be closing the gap with his Democratic rival Hillary Clinton spooked investors;
At home, the Nifty has gone below the 8600-level at the opening itself; The Support
at 8550-8560 has also been breached, but the next Support at 8510 is holding on;
On the upside, the first task for the Nifty would be to regain 8600; We expect
some movement towards this in intraday today; 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 243 238 246 250 240
NMDC 142.50 137 145 147 420

Also watch TATASTEEL>416 and JKTYRE>146.50 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

02Nov(11:00) Nifty in red; Choppy around 8540; No Suggest
gave profit; See CAIRN>243 JKTYRE>146 now if the
Nifty turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN See after 243 Flat around 240 now; Watch carefully..
NMDC Choppy & uncertain; But watch after 141
TATASTEEL Choppy & uncertain; But watch after 412
CADILAHC Going down; Avoid, for now
COALINDIA Choppy & uncertain; Avoid, for now
JKTYRE See after 146 Flat, but Holding; Watch carefully..

No profits have come from any of our Suggests in the first hour, but we are hopeful
with a few of them, as shown in the box above; As we have said many times before,
good prospects for our Suggests will come if the general market starts to improve;
Nifty needs to get past 8550 at least, for our Suggests to give good returns; 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

02Nov(12:30) Mkt in red; Going Choppy; CAIRN gave small profit;
TATASTEEL Marginal; See CAIRN>244.70 COALINDIA>327
now if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN In at 243, Out at 244.60
See again after 244.70
Flat around 243.50 now; Can give more..
NMDC Going down; Avoid, for now
TATASTEEL Marginal at 412 There can be chances here, but be careful..
CADILAHC Flat, but Holding; Watch after 412
COALINDIA See after 327 Choppy & Scrappy; But watch carefully..
JKTYRE Choppy & Scrappy; Avoid, for now

Small profits have come from one Suggest, and there is scope in a couple of others
at this time, but the going is very difficult; The general market has not shown the
expected upside till now, and the Nifty is on a slight negative bias; But the Support
at 8510 is still holding fort; Some upside is still possible if this Support holds for
some more; Be very careful, going forward; Do not take any undue risks that can
take you to losses; Look at all alternatives very carefully before you take any
decision; Get in only if you get a very good opportunity and you are sure of
your actions; Protect your profits, if any; We do not want any losses today.

 


 

SMS-4

02Nov(2:30) Nifty Choppy in red; TATASTEEL gave profit;
COALINDIA Marginal; TATASTEEL>415.50 looks good for
more if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Out at 244.80 Flat around 243 now; No further prospects
seen; Best to Avoid now in last hour
NMDC Flat & uncertain; Avoid
TATASTEEL In at 412, Out at 415.50
See again after 415.50
Can give some more chances in last hour
CADILAHC Flat & Disappointing; Avoid
COALINDIA Marginal at 327 Best to get out and Avoid in last hour
JKTYRE Choppy & Scrappy; Avoid

Only TATASTEEL looks good for more in the last hour, but even with this, you
have to be very careful; The general market is not showing any upside; Globally,
all major markets in the world are in the red; For the Nifty, it is finding it difficult to
break out from the 8510-8550 range; It will be best to quit this market now and
take home whatever profits you have made today; Do not take any chances
in the last hour; Protect your profits; The Nifty will close in the red today.

 


 

Please also see our Today's Performance or Details page