IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 23-Nov-2016


 

SUGGESTS:

 

CAIRN

 

VOLTAS

 

WIPRO

 

ALSO SEE:

DLF

ESCORTS

FORTIS

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, 23-Nov-2016

SMS Pre-Market

Suggests: CAIRN VOLTAS WIPRO;
Also See: DLF ESCORTS FORTIS;
Valid for date: 23-Nov-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8030, 8080, 8140, 8190, 8240;
NIFTY Support levels are: 7940, 7890, 7850, 7820, 7780;

 


 

SMS-1

23Nov(10:00) Gap-up openng; Choppy on line;
See CAIRN>238 DLF>115;
Watch VOLTAS>300 ESCORTS>300;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Yet another small gap-up opening for the Nifty today, at around 8050, and once
again, the index has gone into a negative bias immediately after the opening and
has gone down into the red to touch 7980; Once again, the 8000-level has been
lost; Last night, US stocks closed higher as the record run has continued after the
elections, with the DOW losing above 19k; Asian stocks have also participated in
the global rally and are almost all in the green this morning; At home, however,
the demonetisation problems continue and experts now feel that it can bring in
recession in the worst-case scenario; The Nifty is at 7990 now, in the red, trying
to consolidate; But it can again develop a negative bias and fall till the Support
at 7950-7930; As said earlier, a closing above 8110 will only stop the ongoing
bear grip and create a pullback; We also have the Exipry tomorrow, that can
create choppiness; The expected bounce-back for the Nifty is still to come; Be
very alert, always; Look at all possible angles before you take Entry; Once
in, take small, small profits and exit; Buy again, if 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 238 232 241 244 250
DLF 115 111 117 119 520

Also watch VOLTAS>300 and ESCORTS>300 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

23Nov(11:00) Nifty Consolidating on line; 2 Suggests gave
profit; 2 are Marginal; See ESCORTS>302 FORTIS>169
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN Marginal at 238 Going up slowly; This can give profits
VOLTAS Flat & Holding; Can flare up suddenly..
WIPRO Flat & Uncertain; Avoid, for now
DLF Marginal at 115 At 115.50 now; Be careful with this..
ESCORTS In at 300, Out at 302
See again after 302
This also can give trouble if you are
holding; Be very careful with this..
FORTIS In at 167, Out at 168.70
See again after 169
This is an 'Outsider' profit; There is
chance for more here, but be very careful..

Some profits have come from our Suggests in the first hour, and we are hopeful with
many others at this time; All this has become possible as the Nifty has started to
recover and is showing a positive trend; It has already crossed the line and gone
above 8000-level, up from 7970, into the green; But do not relax; Be very careful
with the Suggests until the Nifty crosses above the Resistance at 8030-8050 with
confidence; Keep constant vigil; Look at all the possible angles carefully before
you decide to take any Entry; Get in only if you are absolutely sure;
Do not take any undue risks in haste that can take you to losses;
Stay Away if you are not sure.

 


 

SMS-3

23Nov(12:30) Nifty Flat around line; 3 Suggests gave profit;
DLF Marginal; See CAIRN>241.50 FORTIS>169.60
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN In at 238, Out at 241.40
See again after 241.50
At 240 now; Taking a break;
Can go up again..
VOLTAS Going down; Avoid, for now
WIPRO Flat & Uncertain; Avoid, for now
DLF Marginal at 115 Best to get out Marginal and Avoid, for now
ESCORTS Out at 302.50 Going down; Best to Avoid, for now
FORTIS Out at 169.60
See again after 169.60
Flat at 168.50 now;
Can give more, but be very careful..

Adequate profits have come from our Suggests till now today, and we are hopeful with
two of them at this time; The upside bias we saw in the Nifty last time, did not hold,
and the index has gone back to range-bound trading in a narrow band just above the
line; 8000-level is still intact; But we are not hopeful of the expected bounce back
for the Nifty to come from here; The Resistance at 8030-8050 will have to be
crossed first, with confidence; Keep constant vigil; 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 good opportunity;
We do not want any losses today.

 


 

SMS-4

23Nov(2:30) Mkt Choppy in green; 4 Suggests gave profit;
CAIRN>242.50 DLF>117.50 FORTIS>170 still good
for more if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Out at 242.50
See again after 242.50
At 241 now; This can give more in last hour
VOLTAS Recovering; Watch after 300
WIPRO Recovering; Watch after 448
DLF In at 115, Out at 117.40
See again after 117.50
Gave profits if you were patient and held
on; This can give more in the last hour
ESCORTS Out at 308.80 This also added profits if you were patient
and held on; But best to Avoid now
FORTIS Out at 169.90
See again after 169.90
There is chance for more in the last hour

We are in a situation now, where all six of our Suggest are in position to give profits
today; The Nifty has resumed its upward journey after the last Update, and is just
below the Resistance at 8050; Once this area is crossed, upside till 8080-8100 should
not be a problem with the Nifty; However, we will raise this warning: if you have made
your profits for the day, consider quitting and take home your profits; Be careful about
what you do now in the last hour; Do not take any bad risks that can wipe off your
profits and take you to losses; The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page