IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 11-Nov-2016


 

SUGGESTS:

 

HINDALCO

 

PETRONET

 

SBIN

 

ALSO SEE:

CIPLA

COALINDIA

POWERGRID

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, 11-Nov-2016

SMS Pre-Market

Suggests: HINDALCO PETRONET SBIN;
Also See: CIPLA COALINDIA POWERGRID;
Valid for: 11-Nov-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8590, 8640, 8670, 8710, 8760;
NIFTY Support levels are: 8480, 8440, 8400, 8340, 8310;

 


 

SMS-1

11Nov(10:00) Gap-down openng; Slgt -ve bias;
See COALINDIA>329 POWERGRID>187;
Watch HINDALCO>175 SBIN>287;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A 70-point gap-down opening today for the Nifty, around 8450, and the index
has developed a slight negative bias immediately after the opening today; The
US market has closed marginally in the red last night as the Trump victory rally
has come to a sudden end with the US bonds market soaring on stimulus hopes;
Asian markets are down today morning on inflow worries of foreign funds; At home,
the Nifty has gone down to 8400-level again; But the 8390-8400 level should hold
for some time, we feel; Next Support is down at 8340; On the upside, 8450-8470
is a critical Resistance to cross now; Trading in intraday in LONG will be difficult
today also; But the quick, odd chance can always come; Keep constant vigil;
Be quick to react when you spot an opportunity; Look at all possible
angles 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
COALINDIA 329 322 332 338 180
POWERGRID 187 183 189 194 320

Also watch HINDALCO>175 and SBIN>287 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

11Nov(11:00) Nifty in red; Flat; 3 Suggests gave profit;
See HINDALCO>176.50 POWERGRID>188.50 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
HINDALCO In at 175, Out at 176.50
See again after 176.50
This can give more today..
PETRONET Going down; Avoid, for now
SBIN Choppy around 282; Avoid, for now
CIPLA Recovering; Watch carefully after 560
COALINDIA In at 329, Out at 332 Down to 328 now; Can come back again..
POWERGRID In at 187, Out at 188.50;
See after 188.50
Down at 187 now; Can flare up..

Small profits have come from three of our Suggests in the first hour, and we are
hopeful for more from at least one of them at this time; The day has been bad today,
with the Nifty opening gap-down and then getting into a negative bias; 8400-level
is still under threat; The fact that we have been able to get some profits from three
of our Suggests in such a bad market, is good enough results; Protect your profits;
Keep constant vigil; Look at all the possible angles before you decide to take
Entry again; 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

11Nov(12:30) Mkt in red; -ve bias; HINDALCO added profit;
None look good; Best to Stay Away now, unless mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HINDALCO Out at 178 Going down; At 173; Avoid, for now
PETRONET Down at 370; Avoid, for now
SBIN Down at 278; But this can flare up..
CIPLA Choppy & Uncertain; Avoid, for now
COALINDIA No further upside after last Update;
Flat & Uncertain at 327; Avoid, for now
POWERGRID No further upside after last Update;
Has come down to 185; Avoid, for now

HINDALCO has added some profits, and we feel we are done for the day today;
The Nifty level of 8400 has been lost and the index is at 8360 now, with a distinct
negative bias; Progress from here for our Suggest will depend on whether the Nifty
is able to recover any of the 160-point loss since the last closing; In any case, if
you have made any profits till now, it will be best to quit and go home; As we said
earlier, if you have been able to get some profits from such a bad market, you have
done very well indeed; Do not take any risks that can push 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.

 


 

SMS-4

11Nov(3pm) Mkt 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: 3pm

Suggest Action - for LONG Comments
HINDALCO Choppy & Uncertain; Avoid in last hour
PETRONET Going down; Avoid in last hour
SBIN Choppy & Uncertain; Best to Avoid now
CIPLA Going down; Avoid in last hour
COALINDIA Going down; Avoid in last hour
POWERGRID Going down; Avoid in last hour

There has been no improvement in the situation with any of our Suggests nor with
the general market after the last Update; No further profits have come from any of
our Suggests, and the Nifty has gone down some more; 8300-level is now under
threat; That means, today we are facing a massive 220-point loss for the Nifty;
It will be best to quit and go home now, if you haven't done so already; Do not
take any further chances in the last hour; Take home your profits;
The Nifty will close deep in the red today.

 


 

Please also see our Today's Performance or Details page