IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 08-Nov-2016


 

SUGGESTS:

 

CROMPGREAV

 

HINDALCO

 

PNB

 

ALSO SEE:

CHENNPETRO

DISHMAN

HEXAWARE

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 Tuesday, 08-Nov-2016

SMS Pre-Market

Suggests: CROMPGREAV HINDALCO PNB;
Also See: CHENNPETRO DISHMAN HEXAWARE;
Valid for: 08-Nov-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8530, 8550, 8590, 8640, 8670;
NIFTY Support levels are: 8470, 8440, 8400, 8340, 8310;

 


 

SMS-1

08Nov(10:00) Gap-up openng; Slgt -ve bias;
See HINDALCO>173 HEXAWARE>207;
Watch PNB>140 CHENNPETRO>272;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 40-point gap-up opening today for the Nifty, around 8540, but there has been
some quick movement immediately after the opening with the Nifty losing about
30-points; World markets have recovered last night with the FBI in US absolving
Democrat presidential candidate Hillary Clinton of charges of her using a private
email server; With this, the prospects for her victory in US elections have once
again brightened; US markets had closed +2.2% higher last night and all of Asia
are in the green right now; At home, not much change is expected if Clinton wins,
but if Trump pulls through the US S&P 500 may see an appreciable decline in the
short term and Indian markets are expected to decline in sympathy; Till that time,
range-bound trading is expected with slight negative bias; Nifty needs to hold the
8500-level to prevent further fall; There is Support at 8470 and then at 8440;
On the Upside, 8550 is still a difficult Resistance to cross over; Keep constant
vigil; Do not be in a hurry to get in; Look at all possible angles before you take
Entry; Once in, take 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 173 169 175 178 340
HEXAWARE 207 203 209 211 280

Also watch PNB>140 and CHENNPETRO>272 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

08Nov(11:00) Nifty Flat aroud line; No Suggest gave profit; See
CROMPGREAV>84.50 HINDALCO>172.50 HEXAWARE>206.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CROMPGREAV See after 84.50 Going down now, but can turn up..
HINDALCO See after 172.50 Choppy at 171; Watch carefully..
PNB Going down; Avoid, for now
CHENNPETRO Scrappy & Low Volume; Avoid, for now
DISHMAN Choppy & Uncertain; Avoid, for now
HEXAWARE See after 206.50 Choppy at 204.50 now; Can flare up..

No profits have come from any of our Suggests in the first hour, and the situation
does not look very encouraging for our Suggests at this time; The Nifty has lost all
its opening gains and is back at the line around 8500; This level has to be intact to
prevent further downside for the Nifty; Be very careful with our Suggests; 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

08Nov(12:30) Nifty choppy around line; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CROMPGREAV Very flat at 93; Can flare up suddenly..
HINDALCO Choppy and Uncertain; Avoid, for now
PNB Choppy, but Holding; Watch after 140
CHENNPETRO Scrappy & Low Volume; Avoid, for now
DISHMAN Going down; Avoid, for now
HEXAWARE Choppy and Uncertain; But watch after 205

No profits have come from any of our Suggests till now, and as before, the situation
does not look at all encouraging for our Suggests today; The Nifty has lost some more
and is choppy around the line at 8500; Some more downside might come; Support at
8470-8440 might be tested; Be very careful, going forward in this uncertain market;
Do not take any undue risks that can take you to losses; Look at all alternatives
carefully before you take any decision; Get in only if you get a very good
opportunity; We do not want any losses today.

 


 

Please also see our Today's Performance or Details page