IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 06-Dec-2016


 

SUGGESTS:

 

DLF

 

HINDALCO

 

SUNTV

 

ALSO SEE:

BHARTIARTL

HDIL

SBIN

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, 06-Dec-2016

SMS Pre-Market

Suggests: DLF HINDALCO SUNTV;
Also See: BHARTIARTL HDIL SBIN;
Valid for date: 06-Dec-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8160, 8200, 8240, 8290, 8340;
NIFTY Support levels are: 8100, 8050, 8010, 7970, 7910;

 


 

SMS-1

06Dec(10:00) Positive openng; Flat now;
See DLF>116.50 BHARTIARTL>330;
Watch HINDALCO>177.30 SBIN>258.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

We had a positive opening today, with the Nifty around 8160, as most Asian markets
went up in early trade following an overnight rise in US stocks; The Dow again closed
at a record high as the 'Trump' rally marches on; World markets have put away the
Italy vote; At home, all eyes are on the RBI monetary policy committee (MPC) review
beginning later today; The outcome will be announced tomorrow; The Street expects
at least a 25 bps cut in repo rate with a possibility of even a 50 bps cut; Most experts
believe that scope of a rate cut existed even before the demonetisation move; For the
Nifty today, as before, holding 8150 is important for further upside; The Support at
8070-8050 had held strong yesterday, but before that another level at 8100 has
now come into play; A recovery by the Nifty is still in the cards; Be very alert;
Look at all possible angles carefully before you take Entry; Once in, take small,
small profit 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
DLF 116.50 113 118 119 510
BHARTIARTL 330 324 333 337 180

Also watch HINDALCO>177.30 and SBIN>258.50 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

06Dec(11:00) Nifty in green; Range-Bound; No Suggest gave profit;
DLF BHARTIARTL stuck; See HINDALCO>177 SBIN>258.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DLF Stuck at 116 Best to exit and come back if 117 is crossed
HINDALCO See above 177 Flat & Holding; Watch carefully..
SUNTV Going down; Avoid, for now
BHARTIARTL Stuck at 330 This can flare up suddenly..
HDIL Choppy & Uncertain; Avoid, for now
SBIN See after 258.50 Flat & Holding; Watch carefully..

No profits have come from any of our Suggests in the first hour, but some of them look
promising at this time; The Nifty has remained range-bound just above the 8150 mark
and will have to stay above this level for some upside to come later today; Be Alert
and keep constant vigil; Look at all possible angles carefully before you decide to
take Entry; Get in only if you are absolutely sure; Do not take undue risks in
haste that can take you to losses; Stay Away if you are not sure.

 


 

SMS-3

06Dec(12:30) Nifty choppy in green; DLF SBIN Marginal;
BHARTIARTL still stuck; All can profit now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DLF Marginal at 116.50 There can be some chances here
after 117 is crossed confidently
HINDALCO Taken a fall; Watch after 176.50 now
SUNTV Flat & Holding; Watch after 483
BHARTIARTL Stuck at 330 Showing no upside tendencies; Careful..
HDIL Choppy & Uncertain; Watch after 64.50
SBIN Marginal at 258.50 Be careful if holding; Get out marginal if
260 is not crossed in next 15-20 minutes

No profits have come from any of our Suggests after the last Update, but two of our
Suggests look good at this time; The Nifty has remained range-bound just above the
8150-level since morning today, holding status quo; We still expect some upside to
come later today; You have to be very careful from here, but things can change if the
Nifty starts to go up now; At the same time, like yesterday, be prepared to go profit-
less; Yesterday we got saved by TATASTEEL, let us see what happens today; Do not
take unnecessary risks that can push you to losses; Stay Away if you are unsure;
We do not want any losses today.

 


 

SMS-4

06Dec(2:30) Nifty in green; Range Bound; SBIN gave
small profit; DLF Marginal; Only SBIN>260 looks good for
more if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DLF Marginal at 116.50 Best to Exit and Stay Away from this now
HINDALCO Choppy & Uncertain; Best to Avoid
SUNTV Flat & Quiet; Best to Avoid in last hour
BHARTIARTL Stuck at 330 No upside tendencies; Best to Avoid now
HDIL Choppy & Uncertain; Best to Avoid now
SBIN In at 258.50, Out at 260
See again after 260
Looks good, but be very careful in last hour

SBIN has come to the rescue today, as it has given small profits after the last Update;
The Nifty is still Range-Bound, but a slight positive bias might come in; The index is
at 8175 now, in the green, holding the 8150-level comfortably; Only SBIN looks
good for more in the last hour; Do not take any bad risks now that can
erase your small profits and take you to losses; Protect your profits;
The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page