IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 29-Dec-2016


 

SUGGESTS:

 

IDEA

 

ITC

 

PETRONET

 

ALSO SEE:

LICHSGFIN

MOTHERSUMI

TATASTEEL

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, 29-Dec-2016

SMS Pre-Market

Suggests: IDEA ITC PETRONET;
Also See: LICHSGFIN MOTHERSUMI TATASTEEL;
Valid for: 29-Dec-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8100, 8130, 8180, 8230, 8250;
NIFTY Support levels are: 7980, 7940, 7900, 7850, 7810;

 


 

SMS-1

29Dec(10:00) Flat openng; Going Choppy;
See IDEA>72 LICHSGFIN>551;
Watch PETRONET>367 MOTHERSUMI>316;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening was seen for the Nifty today, at around 8030 in the red, but the
index had gone into the green immediately after the opening, and is now range
bound around the crucial level of 8050; World markets have become un-supportive
today with the US taking a rare pause after the elections, and closing in the red;
Asian markets are down today morning following US losses; At home, today is
Expiry, so a lot of ups and downs are expected, specially in the second half;
Remember, yesterday all the gains of the first half was totally lost in the last
one hour; For the Nifty today, crossing the crucial level of 8050 is vital; Then
we will move on to 8090-8100; 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
IDEA 72 70 73 74 830
LICHSGFIN 551 545 555 558 100

Also watch PETRONET>367 and MOTHERSUMI>316 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

29Dec(11:00) Nifty has +ve bias; 4 Suggests gave profit;
See IDEA>72.70 PETRONET>369 LICHSGFIN>553.50
MOTHERSUMI>319.50 if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
IDEA In at 72, Out at 72.70
See again after 72.70
Taken a pause at 72.50; Be careful now..
ITC Flat at 233; Can turn up; Watch after 234
PETRONET In at 367, Out at 368.90
See again after 369
This has also taken a pause; Be careful..
LICHSGFIN In at 551, Out at 553.50
See again after 553.50
This can give more profits today
MOTHERSUMI In at 316, Out at 319.50
See again after 319.50
This can give more profits today
TATASTEEL Flat at 391; Can turn up; Watch after 392

Small profits have come from several of our Suggest in the first hour, and the going
looks good for LONG for a few of them at this time; But you have to keep in mind that
today is Expiry, so a lot of adjustments and rollovers are taking place in the market;
A sudden downside can come in any Suggest at any time; Be very careful of this
and take small profit and exit; Buy and sell again, if the upside continues; The Nifty,
meanwhile, has not been able to get past 8050 with confidence, and we feel it will
remain in a range around that level for some time; 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

29Dec(12:30) Mkt Flat in green; 1 added profit; ITC Marginal; See
IDEA>72.70 PETRONET>369 LICHSGFIN>553.50 MOTHERSUMI>323
now if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IDEA See again after 72.70 Still flat at 72.50; But can give more..
ITC Marginal at 234 Best to exit this and pay attention to others
PETRONET See again after 369 Flat at 368; This also can give more..
LICHSGFIN See again after 553.50 Flat at 552; This can give more profits..
MOTHERSUMI Out at 322.70
See again after 323
This can give more profits today
TATASTEEL Choppy & Uncertain; Avoid, for now

MOTHERSUMI has added profit after the last Update, and nothing much has happened
to our Suggests since then; Almost all are stuck at their previous levels; Because the
Nifty has not been able to get past the crucial level of 8050 with confidence; It is
still in the 8040-8060 range; And we feel it will remain in at that level for some
more time; 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; Protect your profits; We do not want any losses today.

 


 

SMS-4

29Dec(2:30) Nifty in green; No Suggest gave profit;
ITC Marginal; None looks good for LONG at this time;
Best to Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IDEA Flat and Uncertain; Avoid, in last hour
ITC Marginal at 234 Choppy and Uncertain; Avoid, in last hour
PETRONET Still Flat at 368; Avoid, in last hour
LICHSGFIN Choppy and Uncertain; Avoid, in last hour
MOTHERSUMI Flat at 321; Keep watching this..
TATASTEEL There is an upsurge here, so keep watching..

We do not think there is much hope left with our Suggests in the last hour, except
maybe, for the last two; The Nifty is now showing a slight positive bias, and it seems
that 8050 has finally been crossed; Passage till the next Resistance at 8090-8100
is the next logical step today; 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