IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 01-Feb-2017


 

SUGGESTS:

 

COALINDIA

 

IDEA

 

ITC

 

ALSO SEE:

AMBUJACEM

HINDALCO

INFRATEL

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, 01-Feb-2017

SMS Pre-Market

Suggests: COALINDIA IDEA ITC;
Also See: AMBUJACEM HINDALCO INFRATEL;
Valid for date: 01-Feb-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8600, 8640, 8670, 8710, 8760;
NIFTY Support levels are: 8640, 8510, 8470, 8440, 8400;

 


 

SMS-1

01Feb(10:00) Flat openng; Going Choppy;
See IDEA>107 ITC>261;
Watch AMBUJACEM>232 INFRATEL>298;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening again today, with the Nifty around 8565, and the index has been
flat and choppy around the line after the opening today; It is expected to remain
and consolidate in the 8540-8600 area; World markets are tentative today as US
has closed mixed last night and Asia awaits the US Fed meeting tonight and further
Trump policies; At home, the Union Budget is being presented by the Finance Minister
in Parliament at this time; We expect a lot of ups and downs as the budget proposals
are analysed by the Street; Experts say there will be still more consolidation around
8600 as the Nifty is still in the 'overbought' territory; We have to get back to the
8600-level today; There is Support at 8560-8540; 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 107 102 110 112 560
ITC 261 257 264 266 220

Also watch AMBUJACEM>232 and INFRATEL>298 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

01Feb(11:00) Nifty Flat around line; No Suggest gave profit;
ITC Marginal; No other looks good for LONG now;
All can profit if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
COALINDIA Choppy & Uncertain; Avoid, for now
IDEA Stuck at 105; Can flare up suddenly..
ITC In at 261, Out at 262.40
See again after 262.50
Marginal till now; Can give profits today
AMBUJACEM Choppy & Uncertain; Avoid, for now
HINDALCO Going down; Avoid, for now
INFRATEL Stuck at 294; Can flare up suddenly..

No profits have come from any of our Suggests in the first hour today, and no one
really looks good for LONG at this time; Except maybe ITC; The Nifty is flat and
quiet around the line since opening today; But we should see some action as the
Budget gets presented in New Delhi after 11am; Hold on till the Street finds out
what the Budget is saying, and a trend comes in; Do not be in a hurry to get in;
Look at all possible angles before you take Entry; Get in only if you are very
sure about what you are doing; Do not take undue risks in haste that
can take you to losses; Stay Away if you are not sure.

 


 

SMS-3

01Feb(12:30) Nifty choopy around 8560; 2 Suggests gave profit;
See IDEA>109 ITC>263 now if mkt turns up;
Await Budget reactions; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
COALINDIA Choppy but going up; Watch after 312
IDEA In at 106, Out at 108.70
See again after 109
Stuck now at 107;
Can flare up suddenly again..
ITC Out at 262.80
See again after 263
Can give more profits today; Careful..
AMBUJACEM Choppy & Uncertain; Avoid, for now
HINDALCO Recovering after a fall; Avoid, for now
INFRATEL Uncertain; Avoid, for now

Adequate profits have come from two of our Suggests after the last Update, and
these two look good for more in LONG at this time; The Nifty has remained flat and
range-bound around the line since opening today; There is some choppiness as the
Budget is being analysed by experts; There is no trend come in as yet; You should
hold your horses till the going becomes clear; Get in now 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

01Feb(2:30) Mkt in green; +ve bias; 3 Suggests gave profit;
ITC>269 AMBUJACEM>236.50 HINDALCO>194.50 still good
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
COALINDIA Marginal at 312 now; Choppy, can go up;
But best to Avoid in the last hour
IDEA No further upside after last Update;
Best to Avoid this in the last hour
ITC Out at 269
See again after 269
Flat at 268 now;
May not give any further chances..
AMBUJACEM In at 232, Out at 236.50
See again after 236.50
There is chance for more in last hour
HINDALCO In at 192, Out at 194.30
See again after 194.50
Entry came via PricePoints;
There is chance for more in last hour
INFRATEL Flat & Uncertain; Avoid today

Good profits have come from several of our Suggests after the last Update, and
we are still hopeful for more in LONG with a few of them at the last hour; The Nifty
has done a fantastic job and has gone straight up to 8700 as the market has liked the
Budgets; There is a distinct positive bias; The target now is to get past the Resistance
at 8710; As far as we are concerned, if you have made your profits for the day you
should Stay Away now and take home your profits; Unless you are still holding with
HINDALCO where there is still chance, we feel; Do not take any unnecessary risks
in this last hour; Protect your profits; The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page