IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 23-Apr-2015














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, 23-Apr-2015

SMS Pre-Market

Valid for 23-Apr-2015; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8460, 8500, 8550, 8600, 8630;
NIFTY Support levels are: 8400, 8380, 8350, 8310, 8270;


Pre-Market Alert: 9:15am

A slightly higher opening and positive trading is expected from our markets today;
Yesterday the Nifty had touched a bottom of 8280 and had bounced up smartly from
there to reclaim 8400-level; After 5-day free-fall, the Nifty managed to stage a sharp,
quick pull-back in afternoon trade and recovered more than 120-points; Tracking the
momentum, the index may reclaim its crucial psychological level of 8450 in trade today;
Experts believe that the sell-off is more or less over as long as the Nifty stays above
8270; It will be interesting to see how the Nifty behaves today at the Resistance levels
of 8460 and 8500; On our part, we feel yesterday's spike came on short coverings and
we will see sidewise movement today, mainly in the 8400-8450 region; Intraday traders
wanting to go LONG will need to remain very careful; As always, wait for a definite
chance; Consider all angles before you buy; Take small profits and exit; Buy
again if upsurge holds; Avoid unnecessary risks; Stay Away if not sure;
INR-US$ is at 62.9100; WTI Crude is at $56.16; Brent Crude is at $62.73




23Apr(10:00) Gap-up openng; Going good;
Watch AMTEKINDIA>96.70 SINTEX>119;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A 45-point gap-up opening for the Nifty today around 8475; The Nifty has shown a
positive bias from the opening itself and has already reached the 8500-mark; At 8500
now, in the green; This 8500 is a Resistance level and the Nifty might pause here for a
while, but the upward momentum is strong, and some more upside is still to come;
Meanwhile, See these if market upturn holds with increasing volumes:

Name See
to buy
AXISBANK 552 545 556 562 100
RECLTD 330 325 332 334 180

Also watch AMTEKINDIA>96.70 and SINTEX>119 if upsurge
holds now; Take position in above scrips only if you are
absolutely confident; All for LONG; Stay Away if not sure.




23Apr(11:00) Mkt in red; Going down; No Suggest gave profit;
None look good for LONG now; All can profit from present
lows if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
AMTEKINDIA Taken a fall; Recovering; Avoid, for now
AXISBANK Going down; Avoid, for now
SINTEX Going down; Avoid, for now
ADANIENT Flat & Uncertain; Watch after 667
CROMPGREAV Flat & Uncertain; Watch after 169
RECLTD Going down fast; Avoid, for now

Our Suggest are tentative and do not look good at this time; The overall market is also
uncertain; Our Suggests will do good if the Nifty turns positive; Do not hurry into any
trade today; Hold your patience; Keep constant vigil; Wait and Watch; Chances will
come; But look at all angles before you take a decision; Do not take unnecessary
risks; Any wrong move can take you to losses; Stay Away if you are in doubt.

Instead of going up from 8500, as we had thought in our last Update, the Nifty has
fallen back to 8400, down 100-points; Exactly at 8400 now, in the red; The good
Resistance at 8500 has proved to be strong; This 8400-level is a good Support,
and should hold for now; As we said in our first dispatch today, we now expect
the Nifty to get into range-bound trading in the 8400-8450 zone;
Avoid taking big risks; Stay Away if you are not sure.




23Apr(12:30) Mkt in red; Choppy & Flat; ADANIENT gave
profit; Hold ADANIENT>678 if in; See AXISBANK>546
if mkt goes up; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
AMTEKINDIA Choppy & Low Volume; Avoid, for now
AXISBANK Flat & Choppy; But see above 546
SINTEX Going down; Avoid, for now
ADANIENT In at 667, Out at 678
Hold>678, SL-670
Some profits have come;
And there can be more here today
CROMPGREAV Choppy & Low Volume; But watch after 169
RECLTD Recovering slowly; This can turn up..

ADANIENT has given some profits as per expectation, and can give some more today;
There are a few others that are showing promise; But good things will happen only if
the Nifty starts to improve; It is very flat and very quiet now; Hold your patience;
It is still a wait and watch situation; Keep constant vigil and look at all angles
before you take a decision; Do not take any unnecessary risks; Any wrong
move can take you to losses; Stay Away if you are unsure of your actions.

This time, we are correct: the Nifty has remained range-bound in the 8390-8430 area
since our last Update; At exactly 8400 now, in the red; Resistance at 8450-8460 has
come into play, as is the Support at 8400-8380; We are now sceptical about how long
this Support will hold in the absence of any positive trigger, either global or domestic;
The Nifty can develop a negative bias if no positive news comes along; Keep constant
vigil and take all precautions before you decide on what to do;
Stay Away if you are not certain about what to do.




23Apr(2:30) Mkt in red; Recovering; CROMPGREAV gave
profit; Only CROMPGREAV>170.50 looks good for LONG
now in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
AMTEKINDIA Choppy & Low Volume; Avoid
AXISBANK No further deevelopment; Avoid
SINTEX Might turn around; Watch this..
ADANIENT Hold>678, SL-670 There can still be some chance in last hour..
CROMPGREAV In at 169, Out at 170.50
See > 170.50
There can be another chance; Keep watching..
RECLTD Flat & Uncertain; Avoid

CROMPGREAV has now joined ADANIENT to give some profits today; The general
market is fluctuating and might show some improvement now; However, if you have
made some profits by now, we will strongly ask you to Stay Away now; Market is
uncertain and can move both ways, quickly; Do not take any unnecessary risks
in last hour; Any wrong move can wipe out your small profits and take you
to losses; Best to Stay Away once you are in profit.

Support levels of 8380-8350 are being challanged now; We only hope they hold and
we do not get down further below 8350; We need some positive trigger, domestic
or global, in the next few sessions to pull us back; Nifty is at 8400 now, in the red;
Fluctuating in the 8370-8430 region; We do not expect much movement now in
last hour; Do not take any unnecessary risks in last hour;
Today, we will get a flat/red closing.



Please also see our Today's Performance or Details page