IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 28-Dec-2016


 

SUGGESTS:

 

AXISBANK

 

BHARTIARTL

 

ITC

 

ALSO SEE:

ADANIPORTS

AMBUJACEM

DABUR

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, 28-Dec-2016

SMS Pre-Market

Suggests: AXISBANK BHARTIARTL ITC;
Also See: ADANIPORTS AMBUJACEM DABUR;
Valid for: 28-Dec-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8080, 8110, 8180, 8210, 8250;
NIFTY Support levels are: 7980, 7940, 7890, 7850, 7810;

 


 

SMS-1

28Dec(10:00) Flat openng; Going good;
See BHARTIARTL>301 DABUR>275.50;
Watch AXISBANK>442 ITC>236;
All Suggests good for LONG today; Details at site -INTDAY

 

Update-1: 10:00am

We got a positive opening from the Nifty today at around 8050, and the index has
got into range-bound trading around that level, in the green, after the opening;
Last night the US markets had closed slightly in the green with the Dow still short
of the elusive 20k mark; Asian markets are also positive today, following US gains;
At home, the Nifty is expected to carry on with yesterday's positive momentum,
now supported by supportive global markets, but some choppiness will be there
due to the Expiry tomorrow; The crucial level of 8050 has been covered by the index
at the opening and the first Resistance at 8080 will have to be crossed to keep the
momentum going; Support is there at 7980-7940; Be very alert; Look at all possible
angles before you take Entry; Once in, take small profits 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
BHARTIARTL 301 295 304 308 190
DABUR 275.50 270 278 279 210

Also watch AXISBANK>442 and ITC>236 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

28Dec(11:00) Nifty in green; Flat; AXISBANK gave small profit;
See AXISBANK>444.50 DABUR>275.50 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AXISBANK In at 442, Out at 444.50
See again after 444.50
Flat at 443.50 now; Can give more today
BHARTIARTL Touched Trigger at 301, but there was no
Entry; Flat under 300, Avoid, for now
ITC Flat & Scrappy; Avoid, for now
ADANIPORTS Going down; Avoid, for now
AMBUJACEM Going down; Avoid, for now
DABUR See after 275.50 Flat now at 273.50; Watch carefully..

Small profits have come from one Suggest and there are just two that look good for
LONG at this time; We are not very confident with them; The Nifty has levelled out
just above 8050 and has gone into a range within 8055-8075; This kind of market
is good for positional traders, but intraday traders wanting to go LONG will not
derive much gains unless the Nifty starts to move again; Resistance at 8080 is
still intact and needs to be broken for our Suggests to profit; Be very careful now;
Do not be in a hurry to get in; Look at all possible angles 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

28Dec(12:30) Mkt in green; +ve bias; AXISBANK added profit;
See AXISBANK>447 DABUR>275.50 now if mkt upturn holds;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AXISBANK Out at 447
See again after 447
This can give more today
BHARTIARTL Going down, Avoid, for now
ITC Scrappy & Uncertain; But watch after 236
ADANIPORTS Scrappy & Uncertain; Avoid, for now
AMBUJACEM Going down; Avoid, for now
DABUR See after 275.50 Going up slowly; Watch carefully..

Some more profits have been added by AXISBANK and 3 of our Suggests look
good for profits in LONG at this time; The Nifty has continued with the positive
trend and has hit a high of 8090; Technically, the Resistance at 8080 is still intact
and needs to be broken quickly for further upside; Otherwise the index might get
stuck below 8100; Look at all possible angles before you decide to buy; Once in,
take small profit and exit; Get in-and-out again if there is opportunity; Do not
take any undue risks that can push you towards losses; Stay Away if
you are unsure; We do not want any losses today.

 


 

SMS-4

28Dec(2:30) Nifty in green; Taken a fall; AXISBANK added
small profit; No Suggest looks good for LONG now in last
hour; Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AXISBANK Out at 448 Going down; Best to Avoid now in last hour
BHARTIARTL There was a small chance from 301 to 303
that we skipped; Going down now; Avoid
ITC Scrappy & Uncertain; Avoid today
ADANIPORTS Here also there was a chance that we
missed; Best to Avoid now in last hour
AMBUJACEM Scrappy; Going down; Avoid
DABUR Uncertain; Risky; Avoid

AXISBANK has given some more, and that is all for today; The Nifty had a sharp
fall on touching 8100 after the govt approved an ordinance on the demonetised
high-denomination notes, and went below 8050; The index is now fluctuating around
8050 in the 8040-8060 range; Do not take any unnecessary risk in the last hour;
It is best to Stay Away now and take home your profits; Protect your profits;
The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page