IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 07-Dec-2016


 

SUGGESTS:

 

ASHOKLEY

 

SBIN

 

TATASTEEL

 

ALSO SEE:

HDIL

JKTYRE

RELINFRA

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, 07-Dec-2016

SMS Pre-Market

Suggests: ASHOKLEY SBIN TATASTEEL;
Also See: HDIL JKTYRE RELINFRA;
Valid for date: 07-Dec-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8170, 8200, 8240, 8290, 8340;
NIFTY Support levels are: 8100, 8050, 8010, 7970, 7910;

 


 

SMS-1

07Dec(10:00) Flat openng; Going Flat;
See TATASTEEL>422 RELINFRA>483;
Watch ASHOKLEY>78.70 SBIN>263;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

We had a flat opening today, with the Nifty around 8155, and the market is
going flat and very quiet as it is taking a breather before the RBI announcement;
Earlier, the US markets had close slightly higher last night as the Dow again closed at
a record high as the 'Trump' rally continues; Asian markets are also mostly high at this
time; At home, unless there is a surprise in the form of a 50 basis points rate cut by
RBI, or no cut at all, the outcome is unlikely to move stocks in a big way; 25 bps rate
cut has already been factored in into the market; For the Nifty today, as before,
holding 8150 is important for further upside; The Support at 8130-8100 had held
yesterday, and should be active today also; Wait for the RBI announcement today;
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
TATASTEEL 422 416 427 430 140
RELINFRA 483 477 487 489 120

Also watch ASHOKLEY>78.70 and SBIN>263 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

07Dec(11:00) Nifty in green; Flat; No Suggest gave profit;
See SBIN>262 TATASTEEL>421 RELINFRA>481 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY Going down; Avoid, for now
SBIN See above 262 Recovering after a fall; Careful..
TATASTEEL See above 421 Recovering after a fall; Careful..
HDIL Choppy & Low Volume; Avoid, for now
JKTYRE Going down; Avoid, for now
RELINFRA See after 481 Recovering after a fall; Careful..

No profits have come from any of our Suggests in the first hour, but there are three
Suggests that are now recovering after a fall; Be very careful with these at this time,
as the RBI decision on rate cut is yet to come; The Nifty has remained range-bound
just above the 8150 mark since opening, and will have to stay above this level for
some upside to come later today; Be Alert and keep constant vigil; Look carefully
at all possible angles before you decide to take an 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

07Dec(2:30) Mkt in green; Flat; No Suggest gave profit;
SBIN Marginal; No Suggest looks good for LONG now;
Best to Stay Away in last hour; See Site -INTDAY

 

Update-3: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Going down; Avoid today
SBIN Marginal at 262 There was no Entry actually, as 262 was not
crossed; This is the only one looking good now
TATASTEEL Down at 416; Best to Avoid in last hour
HDIL Choppy & Low Volume; Avoid today
JKTYRE Going down; Avoid today
RELINFRA Down at 476; Best to Avoid in last hour

RBI has kept repo rate unchanged; The 25 bps cut expected by the market did not
come; None of our Suggests have given any profit till now today, and none can be
expected now; Go profit-less today; However, the odd sudden chance can come
from the lows; Be very alert and careful; Do not take any rash chances in the
last hour that can take you to losses; Better to go profit-less; The Nifty
close today is uncertain because of the RBI decision.

 


 

Please also see our Today's Performance or Details page