IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 04-Nov-2016


 

SUGGESTS:

 

ASHOKLEY

 

HINDALCO

 

INFRATEL

 

ALSO SEE:

AMBUJACEM

AXISBANK

ITC

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 Friday, 04-Nov-2016

SMS Pre-Market

Suggests: ASHOKLEY HINDALCO INFRATEL;
Also See: AMBUJACEM AXISBANK ITC;
Valid for: 04-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

04Nov(10:00) Flat openng; Nifty choppy around line;
See HINDALCO>161 AMBUJACEM>246;
Watch INFRATEL>374 ITC>253;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A flat opening today for the Nifty, around 8500, and it has gone back to range
bound trading around the line at 8495 after the opening; Earlier, the US markets
ended lower again last night for the eighth straight session as the uncertain US
Presidential election continued to cloud global markets; Asian markets are down
today morning; At home, the trend is definitely negative at this time; Support at
8470 is being tested now; This might not hold for long; Next Support is at 8440;
On the upside, gains will be expected after 8500-level; 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 161 157 163 166 370
AMBUJACEM 246 240 249 252 240

Also watch INFRATEL>374 and ITC>253 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

04Nov(11:00) Nifty in red; -ve bias; AXISBANK gave profit;
See AMBUJACEM>246 AXISBANK>482 ITC>253 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY Going down; Avoid, for now
HINDALCO Going down; Avoid, for now
INFRATEL Going down; Avoid, for now
AMBUJACEM See after 246 Choppy, but Holding; Watch carefully..
AXISBANK In at 477, Out at 482.50
See again after 482
This wasn't mentioned in our 1st Alert;
Might flare up again, and give more
ITC See after 253 Flat & Steady; Might flare up; Careful..

'Outside' 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; 'Outside'
because AXISBANK was not one of the 4 we had chosen from our list of 6; But as
we have always said, all six are important and profits from any of these six are
welcome! The Nifty is still on a downward bias and Support at 8440 is being tested
now; You have to be very careful, going forward specially as you are playing in
LONG in a falling market; 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

04Nov(12:30) Mkt in red; Going Flat; AXISBANK added profit;
See ASHOKLEY>91.70 HINDALCO>160.50 AXISBANK>485.60
now if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY See after 91.70 Recovering; Going up; Watch carefully..
HINDALCO See after 160.50 Recovering; Going up; Watch carefully..
INFRATEL Gave a false start at 368, but there was no
Entry; Flat & Uncertain; Avoid, for now
AMBUJACEM Choppy & Uncertain; Avoid, for now
AXISBANK Out at 485.60
See again after 485.60
There is chance for more here today
ITC Flat & Uncertain; Avoid, for now

More profits have come from the 'Outsider' and we are hopeful with another two
Suggests at this time, as shown in the box above; The downward slide of the Nifty
has been stopped by the Support at 8440 and the index is back at 8470 now; It
needs to go up further to above 8500 for any substantial gains; As we have said,
be very careful, going forward in a falling market; 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

04Nov(2:30) Nifty in red; -ve bias; No Suggest gave profit;
No Suggest 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
ASHOKLEY Touched Trigger at 91.70, but there was no
Entry; Best to Avoid now in last hour
HINDALCO This also touched Trigger at 160.50, but there
was no Entry; Best to Avoid now in last hour
INFRATEL Going down; Avoid
AMBUJACEM Going down; Avoid
AXISBANK No further development after last Update;
Best to Avoid now, in last hour
ITC Flat & Uncertain; Best to Avoid

No further upside has been seen in any of our Suggests after the last Update,
and none of our Suggests looks good at this time; All three of our first level
choices today have given false starts, and some of our members could have gone
into losses if they were in a hurry; That is unfortunate; The Nifty, meanwhile, has
gone down to 8400-level and many Support levels have been breached; 8390
is now being tested; It will be best to quit this market now and take home
your profits, if you have made anything today; Do not take any chances
in the last hour; The Nifty will close in the red today.

 


 

Please also see our Today's Performance or Details page