IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 18-Jan-2017


 

SUGGESTS:

 

AXISBANK

 

NTPC

 

RELCAPITAL

 

ALSO SEE:

DLF

GRANULES

ITC

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, 18-Jan-2017

SMS Pre-Market

Suggests: AXISBANK NTPC RELCAPITAL;
Also See: DLF GRANULES ITC;
Valid for date: 18-Jan-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8440, 8470, 8500, 8530, 8570;
NIFTY Support levels are: 8370, 8330, 8290, 8240, 8190;

 


 

SMS-1

18Jan(10:00) Flat openng; +ve bias;
See GRANULES>113.50 ITC>255;
Watch NTPC>176.50 RELCAPITAL>469;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for our markets today like yesterday, with the Nifty opening around
8405 but the index has developed a positive bias immediately after the opening
that has taken it past the Resistance at 8440; It has gone past 8450 now, and
more upside momentum is seen; World markets are not supportive today as US
markets had closed in the red last night and Europe is also tentative as British
Prime Minister Theresa May confirmed yesterday that her country will leave the
European single market when it quits the European Union; Asia is trading mixed;
For our markets, the focus will remain on company results and upcoming budgets;
GST implementation is another aspect to keep watching; Our Experts still believe
there will be some consolidation around 8440 before the upside resumes; For
the Nifty today, holding 8440-level, its 100-DMA, is the primary task today; If it
can, then we will move on to 8470-8500; There is Support now at 8400-8380;
Be very alert; Look at all possible angles before you take Entry; Once in,
take small profits 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
GRANULES 113.50 110 115 117 520
ITC 255 251 258 230 230

Also watch NTPC>176.50 and RELCAPITAL>469 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

18Jan(11:00) Nifty Flat around 8450; No Suggest gave profit;
RELCAPITAL Marginal; Only GRANULES>113.50 looks good
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AXISBANK Choppy & Uncertain; Avoid, for now
NTPC Going down; Avoid, for now
RELCAPITAL Marginal at 469 Best to exit Matginal now, and get
back in if 470 is crossed again
DLF Flat and Holding; Watch after 133
GRANULES See after 113.50 Choppy but Holding; Watch carefully..
ITC Going down; Avoid, for now

No profits have come from any of our Suggests in the first hour today and we have a
false start on our hands; We have to be very careful today; The Nifty has flattened
out at the 8450-level, and might come down slightly; This means, technically, the
strong Resistance at 8440 is yet to be crossed convincingly; Be very careful going
forward from here; 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; We will go profit-less if we have to;
Stay Away if you are not sure.

 


 

SMS-3

18Jan(12:30) Nifty Choppy in green; No Suggest gave profit;
RELCAPITAL Marginal; None looks good for LONG now;
All can profit if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AXISBANK Going down; Avoid, for now
NTPC Going down; Avoid, for now
RELCAPITAL Marginal at 469 Going down; Best to Avoid this now
DLF Flat and Holding; Watch after 133
GRANULES Going down; Avoid, for now
ITC Going down; Avoid, for now

No profits have come from any of our Suggests till now today, and most of them are
on the way down now; It will be best to Stay Away from this market, unless the Nifty
turns around and starts to move up again; The index is at 8420, down from the day's
high of 8460, with the Resistance at 8440 again proving difficult to cross; It will be
difficult for our Suggests to make any great contribution today; However, the odd
sudden chance can always come; Look at all 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; Go profit-less, if you have to,
but we do not want any losses today.

 


 

SMS-4

18Jan(2:30) Nifty on the line; -ve bias; No Suggest gave profit;
Only AXISBANK>489 looks good for LONG if upsurge comes
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AXISBANK See after 489 Going up after a fall; Watch carefully..
NTPC Going down; Avoid today
RELCAPITAL Marginal at 469 Going down; Avoid this now
DLF Choppy & Uncertain; Avoid, today
GRANULES Going up after a fall; Watch after 113.30
ITC Going down; Watch after 252

No profits have come from any of our Suggests till now today, and we are not very
hopeful with any of them at this last hour; It will be best to Stay Away now from this
market, unless the Nifty turns around and starts to move up again; The index is down
to the line now at 8400; The Resistance at 8440 has proved difficult to cross; We will
go profit-less today, unless there is a sudden turn in fortune like yesterday; But that
will be difficult to catch; Do not take any unnecessary risk in the last hour; Best to
Stay Away; Go protect-less, if you have to; The Nifty will close flat today.

 


 

Please also see our Today's Performance or Details page