IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 31-Jan-2017


 

SUGGESTS:

 

BANKINDIA

 

CADILAHC

 

IDEA

 

ALSO SEE:

ADANIENT

CAIRN

INDIACEM

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 Tuesday, 31-Jan-2017

SMS Pre-Market

Suggests: BANKINDIA CADILAHC IDEA;
Also See: ADANIENT CAIRN INDIACEM;
Valid for date: 31-Jan-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8670, 8710, 8760, 8790, 8820;
NIFTY Support levels are: 8600, 8560, 8510, 8470, 8440;

 


 

SMS-1

31Jan(10:00) Flat openng; Choppy;
See IDEA>106.50 CAIRN>286;
Watch BANKINDIA>121.50 INDIACEM>149.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening today, with the Nifty around 8630 again, but the index has shown
some negative downside immediately after the opening today; It has hit a low of
8580, and is now trying to consolidate in the 8580-8600 area; Crucial level of 8600
is lost for now; Globally, the Trump rally has been ended because of the immigration
ban; The Dow has closed below 20k; Asia is all in the red at this time; At home, we
will have the pre-budget Economic Survey today; The survey may offer clarity on the
policy priorities of the govt and some estimate of the impact of demonetisation on
the economy; Experts say there will be some more consolidation around 8600 as
the Nifty is still in the 'overbought' territory; Like before, the main objective for
today will be holding the 8600-level; There is Support at 8580-8560; 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
IDEA 106.50 100 108 110 560
CAIRN 286 281 289 290 200

Also watch BANKINDIA>121.50 and INDIACEM>149.50 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

31Jan(11:00) Nifty in red; Choppy around 8600; IDEA gave good
profits; See BANKINDIA>120 IDEA>112 now if mkt turns up;
Careful from here.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BANKINDIA See after 120 At 118.50 now; Can go up; Watch carefully..
CADILAHC Going down; Avoid, for now
IDEA In at 106.50, Out at 111.70
See again after 112
This can give more, but be careful..
ADANIENT Going down; Avoid, for now
CAIRN Going down; Avoid, for now
INDIACEM Recovering after a fall; Watch after 148

Good profits have come from IDEA today also, and a few of our Suggests look good
at this time; The Nifty has remained choppy in the red, around the 8600-mark; The
range has been 8580-8610; Support at 8560 is holding; 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;
Protect your profits; Stay Away if you are not sure.

 


 

SMS-3

31Jan(12:30) Nifty in red; -ve bias; IDEA added profit;
Only IDEA>119 looks good for more in LONG now if
mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKINDIA Going down; Avoid, for now
CADILAHC Going down; Avoid, for now
IDEA Out at 118.70
See again after 119
This can give more, but be careful..
ADANIENT Recovering after a fall; Watch after 88.30
CAIRN Recovering after a fall; Watch after 281.50
INDIACEM Going down; Avoid, for now

Handsome profits have come from IDEA after the last Update, and only this Suggest
looks good for more at this time; The Nifty has developed a slight negative bias and
the Support at 8560 is being tested now; Get in fresh only if you get a very good
opportunity; Even then, look carefully at all possible angles before Entry; Once in,
take small profit and exit; Go into the buy-and-sell process again if the upside
continues; Do not take any undue risks that can push you towards losses;
Protect your profits; Stay Away if you are unsure;
We do not want any losses today.

 


 

SMS-4

31Jan(2:30) Mkt in red; Flat; 2 Suggests gave profit;
No Suggest looks good for LONG at this time;
Best to Stay Away now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKINDIA Choppy & Uncertain; Avoid in last hour
CADILAHC Very Flat at 350; Avoid in last hour
IDEA Out at 119 Down at 110 now; Can give another upside,
but best to Avoid now in last hour
ADANIENT In at 88.30, Out at 89.80 Flat & Uncertain; Can give another upside,
but best to Avoid now in last hour
CAIRN Going down; Avoid in last hour
INDIACEM This might give some upside after 148,
but best to Avoid now in last hour

We have pulled ourselves out from this market now, and it is best to Stay Away
and take home your profits in the last hour; The Nifty was in course of a bounce
back from the Support at 8560, and went up to just about 8600; But there, it lost
steam; Back to 8580 now, and the US action on H1-B visa will not let any upside
to happen now; Again, it is quite possible that the Nifty will hold 8600 at the
close today, but for us, it will be best to quit now and Stay Away; Do not
take any unnecessary risks in this last hour; Protect your profits;
The Nifty will close in the red today.

 


 

Please also see our Today's Performance or Details page