IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 03-Nov-2016


 

SUGGESTS:

 

COALINDIA

 

HINDALCO

 

TATASTEEL

 

ALSO SEE:

DABUR

GAIL

NMDC

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, 03-Nov-2016

SMS Pre-Market

Suggests: COALINDIA HINDALCO TATASTEEL;
Also See: DABUR GAIL NMDC;
Valid for date: 03-Nov-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8550, 8590, 8640, 8670, 8710;
NIFTY Support levels are: 8470, 8440, 8390, 8340, 8310;

 


 

SMS-1

03Nov(10:00) Gap-down openng; Mkt Choppy;
See HINDALCO>163.50 GAIL>434.50;
Watch TATASTEEL>420 NMDC>140;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another gap-down opening today for the Nifty, below 8500, but it has recovered
back above that crucial level after the opening; Going choppy in the 8520-8530
range now; Earlier, the US markets ended lower last night for a seventh straight
session, its longest such streak in five years, as the US Federal Reserve signaled
it could hike interest rates in December and the uncertain US election continued
to cloud global market's outlook; Asian markets are also down today morning on US
uncertainties; At home, there are no immediate triggers, but we hope that the upside
we had expected yesterday, will come today to take the Nifty past 8550 and then
towards 8600; Support at 8510 is expected to hold on; 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
HINDALCO 163.50 158 166 170 360
GAIL 434.50 427 437 442 130

Also watch TATASTEEL>420 and NMDC>140 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

03Nov(11:00) Nifty in green; Flat at 8530; HINDALCO gave
profit; See HINDALCO>166.50 TATASTEEL>419 now
if the Nifty turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
COALINDIA Flat & Scrappy; Avoid, for now
HINDALCO In at 163.50, Out at 166.40
See again after 166.50
Flat at 165 now; Can give more today
TATASTEEL See after 419 Down at 417 now; But watch this today
DABUR Going down; Avoid, for now
GAIL Very flat at 431; Might flare up suddenly
NMDC Going down; Avoid, for now

Some profits have come from one of our Suggests in the first hour, and we are hopeful
with a few of them at this time, as shown in the box above; The Nifty has done well
to hold on to its initial gains, and there is chance of some positive upside bias now;
Our Suggests will do good today if that happens; 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

03Nov(12:30) Mkt in green; Going Flat; No Suggest gave profit;
Only HINDALCO>166.50 looks good now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
COALINDIA Still very Flat at 328; Might flare up..
HINDALCO See again after 166.50 Still Flat at 165; Might flare up..
TATASTEEL Going down; Avoid, for now
DABUR Has flattened out at 295; Avoid, for now
GAIL Gave a small jump; But Avoid, for now
NMDC Going down; Avoid, for now

There has been no positive development with our Suggests after the last Update,
and no further profits have come; None looks absolutely certain for more at this
time, not even HINDALCO; But the situation might change if the Nifty gets the
positive upside bias now, as expected; But the Nifty is still not able to break
out of the Resistance at 8550; Good thing is, the Support at 8510 is still
holding; 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

03Nov(2:30) Nifty Choppy around line; No Suggest gave profit;
None looks good for LONG at this time; Best to Stay Away
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
COALINDIA Choppy & Risky; Best to Avoid in last hour
HINDALCO Has gone down to 163; Can recover..
TATASTEEL Has started to recover; Watch after 405
DABUR Flat & looks Risky; Best to Avoid
GAIL Choppy & Risky; Best to Avoid
NMDC Has started to recover; Watch after 136

Again, no further development with our Suggests after the last Update, but we are
hopeful that some profits can come from our Suggests in the last hour, provided the
Nifty starts to move up; The Nifty Support at 8510-8470 has once again stopped the
index from a free fall; Similarly, it is still not able to break out of the Resistance
at 8550; 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 flat today.

 


 

Please also see our Today's Performance or Details page