IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 06-Jan-2017


 

SUGGESTS:

 

BHARTIARTL

 

HINDPETRO

 

IDFC

 

ALSO SEE:

ADANIPORTS

CAIRN

ONGC

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 Friday, 06-Jan-2017

SMS Pre-Market

Suggests: BHARTIARTL HINDPETRO IDFC;
Also See: ADANIPORTS CAIRN ONGC;
Valid for date: 06-Jan-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8340, 8380, 8430, 8470, 8500;
NIFTY Support levels are: 8250, 8190, 8140, 8100, 8060;

 


 

SMS-1

06Jan(10:00) Gap-up openng; Flat now;
See HINDPETRO>474 ONGC>205.50;
Watch BHARTIARTL>326 ADANIPORTS>292;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Another positive opening for our markets today, with the Nifty opening slightly
gap-up around 8280, and the index has touched the 8300-mark immediately after
the start; US markets had closed mixed last night with the Dow slightly in the red
in anticipation of disappointing jobs data on Friday; Asian markets are mostly
in the green at this time; At home, the positive bias that has set in after the
Nifty hit a bottom of 7900 on the 26th of last month, is still continuing; We have
already covered 400-points, and upside momentum is still strong; The results
season and Union Budget should bring more cheer; For the Nifty today, the stiff
Resistance at 8230, that was acting strong for a few days, was crossed at the
opening yesterday; However, the next one at 8280 is still in force, technically;
There will be more Resistance at 8340, once 8300 is crossed convincingly; There
is Support at 8250-8230; We expect positive trading today and a progress above
8300 towards 8340; 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
HINDPETRO 474 468 478 481 120
ONGC 205.50 201 208 210 290

Also watch BHARTIARTL>326 and ADANIPORTS>292 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

06Jan(11:00) Nifty Choppy around line; No Suggest gave
profit; See BHARTIARTL>326 ONGC>205.50 now
if mkt turns up; Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL See after 326 Stuck at 324; Can flare up..
HINDPETRO Took a fall; Can Recover; Watch after 471
IDFC Going down; Avoid, for now
ADANIPORTS Going down; Can turn up; Watch after 291
CAIRN Choppy, but Holding; Can flare up..
ONGC See after 205.50 Positive bias; Watch carefully..

No profits have come in the first hour today from any of our Suggests, but a
few look good for LONG at this time; The Nifty has become choppy after hitting
the 8300-level after the opening today and is just above the line, at 8280 now;
The first target today is holding the 8300-level, but a slight negative bias might
come in now, it seems; Be very careful in such uncertain market; Do not be in a
hurry to get in; Look at all possible angles before you 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

06Jan(12:30) Nifty Flat around line; 2 Suggests gave profit;
See CAIRN>258 ONGC>207 if mkt turns up; Await
Europe openng; Careful today.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Still stuck at 324; Can flare up..
HINDPETRO Going down; Avoid, for now
IDFC Going down; Low Volume; Avoid today
ADANIPORTS Recovering after a fall; Watch after 291
CAIRN In at 256, Out at 258;
See again after 258
Has positive bias; Watch carefully..
ONGC In at 205.50, Out at 206.80
See again after 207
Stuck at 206; Can flare up again..

Adequate profits have come from two Suggests after the last Update; And there
are a few Suggests that look good for profits at this time; Considering the uncertain
situation of the general market, this is quite a good performance by our Suggests;
The Nifty has remained flat and choppy around the line; There is no great effort seen
to re-gain 8300-level; That is the target for the day; Support at 8250-8230 is
holding; Be very careful in such uncertain market; Look at all possible angles
before you decide to get in; Once in, take small profit and exit; Go into the
in-and-out process again if the upside continues; Do not take any undue
risks that can push you towards losses; Stay Away if you are unsure;
Protect your small profit; We do not want any losses today.

 


 

SMS-4

06Jan(2:30) Nifty flat around line; 1 Suggest added small
profit; Only CAIRN>258.60 looks good for LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Still stuck at 324; Can flare up, but
best to give up now and Avoid in last hour
HINDPETRO Choppy around 468; Best to Avoid
IDFC Choppy & Uncertain; Low Volume; Avoid today
ADANIPORTS Choppy & Uncertain; Best to Avoid
CAIRN Out at 258.60;
See again after 258.60
Still has positive bias; Can flare up,
but best to give up and Avoid in last hour
ONGC Slight negative bias; Best to Avoid

Adequate profits have come from two of our Suggests today, and we should be
happy with what has come; The Nifty has become choppy around the line; A slight
negative bias might now come in, as we had feared; The index is at 8270 now, very
slightly in the red; Recovering the 8300-level looks remote today; The Support at
8250-8230 is still holding; Be very careful in such uncertain market; Things do not
look bright for our Suggests in the last hour; It will be best to Stay Away now, and
take home your small profits; Do not take any unnecessary risk in the last hour;
Stay Away; Protect your profits; The Nifty will close in the red/flat today.

 


 

Please also see our Today's Performance or Details page