IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 15-Dec-2016


 

SUGGESTS:

 

AXISBANK

 

JINDALSTEL

 

TVSMOTOR

 

ALSO SEE:

APOLLOTYRE

JETAIRWAYS

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 Thursday, 15-Dec-2016

SMS Pre-Market

Suggests: AXISBANK JINDALSTEL TVSMOTOR;
Also See: APOLLOTYRE JETAIRWAYS RELINFRA;
Valid for: 15-Dec-2016; All for LONG;
Details at site -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8210, 8250, 8290, 8340, 8380;
NIFTY Support levels are: 8150, 8100, 8070, 8010, 7970;

 


 

SMS-1

15Dec(10:00) Gap-down openng; +ve bias;
See AXISBANK>471 APOLLOTYRE>203.50;
Watch JETAIRWAYS>363 RELINFRA>497;
All for LONG if upsurge holds; See site -INTDAY

 

Update-1: 10:00am

A big 60-point gap-down opening for the Nifty today, at around 8120, but the index
has made a smart recovery immediately after the start to get above the 8200-mark;
The index is trading in in a range just above 8200 now; Last night in the US, the Fed
has increased lending rates by 25 bps, as was expected by the Street, but has also
hinted on at least 3 more hikes in 2017; This has led to a slump in the Asian markets
today morning; At home, the market has reacted in the positive as this US Fed action
was already factored in; The demonetisation problems are easing and good macro
data are gaining effect; GST implementation also seems to be on track; But the Nifty
needs to hold 8200-level today to bring in a profitable rally; There is Resistance at
8250 and Support is still at 8170-8150; Be very alert; There is chance that our
market will get into range bound trading today within this range in the absence
of global support; Look at all possible angles carefully before you take Entry;
Once in, take small, small profit 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
AXISBANK 471 466 475 481 120
APOLLOTYRE 203.50 198 206 208 290

Also watch JETAIRWAYS>363 and RELINFRA>497 if upsurge holds 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

15Dec(11:00) Nifty Flat above 8200; AXISBANK gave small profit;
See AXISBANK>473.50 TVSMOTOR>382 RELINFRA>497
if mkt turns up again; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AXISBANK In at 471, Out at 473.50
See again after 473.50
Down at 470, but there can be chances later
JINDALSTEL Choppy & Uncertain; Avoid, for now
TVSMOTOR See after 382 Can give chances today; Watch carefully..
APOLLOTYRE Stuck at 202; Can flare up suddenly
JETAIRWAYS Stuck at 360; Uncertain; Avoid, for now
RELINFRA See after 497 Going up slowly; Watch carefully..

Exactly like yesterday, small profits have come from one of our Suggests in the first
hour today, and we are hopeful with a few others at this time; And, as expected, the
Nifty has become flat and quiet just above the 8200-mark; Range-bound trading in
the 8200-8230 area is what we will see now, unless we get some trigger; The Nifty
needs to hold this level to avoid losing all opening gains; Be Alert and keep constant
vigil; Look very 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

15Dec(12:30) Nifty in red; Choppy; 2 Suggests gave profit;
See JETAIRWAYS>367 now if mkt turns up again;
Await Europe openng; See Site for details -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AXISBANK Went down to 464 after last Update;
Recovering now; Watch after 468
JINDALSTEL Choppy & Uncertain; Avoid, for now
TVSMOTOR Choppy & Low Volume; But watch after 381
APOLLOTYRE Stuck at 201 now; Can flare up suddenly..
JETAIRWAYS In at 363, Out at 367
See again after 367
Entry made via level given earlier;
This can give more profits today
RELINFRA In at 497, Out at 502 Has come down to 495 after the upside;
But can give another chance after 498

As can be seen from the box above, the situation is quite fluid at this time; Some
good profits have come our way, and some of our Suggests are looking good, but we
are not very certain about where we are headed; The Nifty has taken a slight fall after
the last Update and had gone into the red, below 8200-level, to touch a low of 8160;
It is trying to recover now; Support at 8170-8150 is holding; As we said before, the
Nifty needs to hold 8200-level today to bring in a profitable rally; Be very careful
going forward in an uncertain market; Do not take any unnecessary risks that
can push you towards losses; Stay Away if you are unsure; Protect your
small profits; We do not want any losses today.

 


 

SMS-4

15Dec(2:30) Nifty choppy around line; AXISBANK added profit;
Only AXISBANK>478.50 looks good for more if upsurge comes
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AXISBANK Out at 478.50
See again after 478.50
Gave a smart upside after last Update;
This can give more in the last hour
JINDALSTEL Choppy & Uncertain; Avoid today
TVSMOTOR Choppy & Low Volume; Avoid today
APOLLOTYRE Still stuck at 201; Avoid today
JETAIRWAYS No further upside after last Update;
Best to Avoid now in the last hour
RELINFRA No further upside after last Update;
But can give another chance after 498

Good profits have come our way in an uncertain market, and we should be happy
with what we have, and exit this market now; Unless you are still with AXISBANK;
Even then, be very alert and careful; The Nifty has remained flat and quiet around
the line below the 8200-mark, and is not showing any signs of progress; Support
at 8170-8150 is holding; Do not take any unnecessary chances now in the last
hour that can take you to losses; Protect your profits; The Nifty closing
is uncertain today, but will most probably be in the red.

 


 

Please also see our Today's Performance or Details page