IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 24-Nov-2016


 

SUGGESTS:

 

CAIRN

 

DLF

 

FORTIS

 

ALSO SEE:

AXISBANK

HAVELLS

HINDALCO

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, 24-Nov-2016

SMS Pre-Market

Suggests: CAIRN DLF FORTIS;
Also See: AXISBANK HAVELLS HINDALCO;
Valid for date: 24-Nov-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8050, 8080, 8140, 8190, 8240;
NIFTY Support levels are: 8000, 7940, 7890, 7850, 7820;

 


 

SMS-1

24Nov(10:00) Gap-down openng; Going Flat;
See CAIRN>246 HAVELLS>338;
Watch DLF>116.50 HINDALCO>178;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A small gap-down opening today for the Nifty, at around 8010, but this time also,
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 again, as US Fed comments have paved the
way for rate hikes; But Asia is down today morning on fears of decrease in foreign
investment; At home, our market is not participating in the global rally of the past
few days as the demonetisation problems continue; The Nifty is at 7990 now, in
the red, trying to recover; It is expected to climb back above 8000 today also, but
how much further it can go will depend on external cues; Support at 7950-7930
should hold; Today is Expiry; Some choppiness can be expected; 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 246 240 249 252 240
HAVELLS 338 330 342 348 170

Also watch DLF>116.50 and HINDALCO>178 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

24Nov(11:00) Nifty in red; Flat; No Suggest gave profit;
HAVELLS Marginal; See HINDALCO>177.50 now if mkt
turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN Going down; Avoid, for now
DLF Flat & Holding; Watch after 114.50
FORTIS Flat & Uncertain; Avoid, for now
AXISBANK Choppy & Uncertain; Avoid, for now
HAVELLS Marginal at 338 Can give profits today; But be careful..
HINDALCO See after 177.50 Flat & Holding; Be very careful..

Two of our Suggests look good after the first hour, but no profits have come till
now; The Nifty has remained choppy in the red just below the 8000-mark; No real
progress will be possible till this level is crossed with confidence; This has been
lacking in the last few days; Actually, you have to be careful with the Suggests
until the Nifty crosses above the Resistance at 8030-8050; 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

24Nov(12:30) Nifty choppy around 8000; HAVELLS gave profit;
Only HAVELLS>342 looks good for LONG now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Choppy & Uncertain; Avoid, for now
DLF Flat & Holding; Watch after 114.50
FORTIS Flat & Uncertain; Avoid, for now
AXISBANK Choppy & Uncertain; Avoid, for now
HAVELLS In at 338, Out at 342
See again after 342
At 340 now; Can give more profits today
HINDALCO Flat & Holding; Watch after 177.50

Small profits have come from one of our Suggests after the last Update, and two
of them look good at this time; But the Nifty is not doing anything; 8000-level has
not been crossed as yet, although there is some effort seen and a slight positive
bias is present; We believe that 8000 will be crossed now and we will go up to the
Resistance of 8050 today, but today is Expiry; There will be choppiness all the way;
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

24Nov(2:30) Mkt in red; +ve bias; HINDALCO gave profit;
HAVELLS>339 HINDALCO>181 still good for more in
LONG if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Showing some upside, but best to Avoid
DLF Choppy & Uncertain; Avoid in last hour
FORTIS Flat & Uncertain; Avoid in last hour
AXISBANK Choppy & Uncertain; Avoid in last hour
HAVELLS See again after 339 Down to 336 now; Can give another chance
HINDALCO In at 177.50, Out at 180.70
See again after 181
This can give more in the last hour

Small profits have come from another Suggests after the last Update, and these two
still look good for more profits in the last hour; The Nifty gave us a scare by going
down, instead of up, after our last Update and touched a low of 7950; However, it
turned upwards later and is now at 8000-level again; A slight positive bias is seen;
As we said before, we believe 8000 will be crossed now, and even 8050 looks not
impossible at the closing today; We will again raise this alert: 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 flat today.

 


 

Please also see our Today's Performance or Details page