IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 06-Aug-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, 06-Aug-2015

SMS Pre-Market

Valid for date: 06-Aug-2015; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8590, 8640, 8690, 8730, 8780;
NIFTY Support levels are: 8540, 8500, 8470, 8450, 8420;




06Aug(10:00) Gap-up openng; Choppy & Flat;
See DABUR>316 ROLTA>128;
Watch DISHTV>122 IRB>265;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A small gap-up opening for the Nifty today around 8590, but trading has been choppy
and uncertain from the beginning today; Markets are likely to witness profit booking
after gains in the previous sessions, say experts, even as gains in IT majors have
come in following good results; However, since yesterday we have been talking about
the Nifty crossing the strong Resistance at 8590 and going past 8600-level, and we
feel it will happen today; But the going will be choppy and difficult; The Nifty is at 8570
now, on the line, still holding the Support at 8550; There is more Support at 8500;
Meanwhile, see these if market upsurge comes with increasing volumes:

Name See
to buy
DABUR 316 312 318 320 180
ROLTA 128 124 129 130 40

Also watch DISHTV>122 and IRB>265 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 for LONG; Stay Away if not sure.




06Aug(11:00) Mkt choppy & flat; 2 Suggests gave profit;
Hold ROLTA>132 if in; See DABUR>315 SYNDIBANK>102.50
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action - for LONG Comments
DABUR See Above 315 Down from a flat of 315; Watch this..
DISHTV Going down; Avoid, for now
IRB In at 265, Out at 266.50 Falling down after the rise; Avoid, for now
ESCORTS Going down; Avoid, for now
ROLTA In at 128, Out at 131.50
Hold>132, SL-126
This can give more today
SYNDIBANK See Above 102.50 Very choppy, but watch this..

Today is not a good day for playing intraday in LONG; Yesterday was the same;
Flat, choppy trading the whole day within a tight range. This is not what intraday
traders want; We want a trend; We want movement in big chunks; What we are now
getting are 15-20 point movements throughout the day; Such situations are actually
risky for us as we get fooled into thinking that the movement will last for some more
time; Be very careful today with our Suggests and be happy with small, small profits
if and when they come; Be quick to react in any situation; Look at all angles before
you take any decision; Do not take any risky move can take you to losses;
Stay Away, if you are not sure about what to do.

The Nifty has been flat and choppy in the narrow 8555-8580 band since opening
today; There is no direction and no motivation; Nifty is at 8565 now, marginally in the
red, still holding the 8550-level successfully; It looks like we will continue with range-
bound trading unless we get some news that can change Nifty's direction, upwards
or downwards; Do not take any undue risks; Remember, any wrong move on
your part can put you into losses; Stay Away, if in doubt.




06Aug(12:50) Mkt in red; Choppy & Flat; No Suggest gave profit;
None look good for LONG at this time; Await Europe openng;
See Site -INTDAY


Update-3: 12:50pm

Suggest Action - for LONG Comments
DABUR Stuck at 311; Might turn up suddenly
DISHTV Choppy & Uncertain; Avoid, for now
IRB Recovering; Watch after 266
ESCORTS This is also recovering; Watch this..
ROLTA Choppy around 129; Watch after 131
SYNDIBANK Choppy, but watch after 102.50

As said before, market today is not suitable for intraday trading in LONG; Small, quick
chances can always come, but you need to have an expert hand to take advantage
of these situations; It will be better not to take unnecessary risks, it will be wise
to Stay Away from such markets; Do not take any risky move can take you
to losses; Stay Away, till the market starts to go up; Stay Away
if you are not sure about what to do.

The Nifty has remained flat and choppy in the narrow 8550-8570 band since our last
Update; Nifty is at 8565 again now, marginally in the red, and still holding the 8550-
level; It is time now, we feel, for some action from the Nifty - upwards is more likely;
Global cues are slowly turning positive; Our govt is also taking a strong stand on
various issues; Further movement will be news driven; We hope the Nifty will get
out from this range-bound trading and travel towards 8600 as we had expected;
But do not get over board; Look at all angles before you take any decision;
There should not be any losses today.




06Aug(2:30) Mkt in green; +ve bias; ESCORTS gave small profit;
still look good in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
DABUR Still stuck at 311-312; Avoid
DISHTV Choppy, but holding; Watch after 120.50
IRB Choppy & going down; Avoid
ESCORTS In at 151, Out at 152 There was a choppy & risky chance;
There can be further such chances here
ROLTA Still flat at 129; Watch after 131
SYNDIBANK Marginal at 102.50 There can be chances here, but exit if
there is no movement in next 15-minutes

The Nifty had started to move towards 8600 after our last Update, and that has given
some opportunity to some of our Suggests; As expected, these chances are sudden
and quick and would require an expert hand to deal with; Don't fret if you have not
been able to take full advantage; As we say, even if you get 1/4th of what is shown
here, you have done a great job; If you feel uncertain about what to do, it will be
better you Stay Away; Do not take any chances now; Do not take any risky move
that can take you to losses; Better to play safe and avoid this market.

The Nifty has kept our word and has just now crossed the 8600-mark; But there is
no strength in this uprise from 8560, that has started just after our last Update;
The Nifty is at 8600 now, in the green; The Resistance at 8590 has acted strongly
in the last half hour, preventing the Nifty from going past in several attempts;
Technically, it is still in effect and has not been crossed convincingly; There is
every chance that the Nifty will get back to range-bound trading around 8590
now; In any case, the index has been successful in holding the 8550-level
today; A closing around this 8590-8600 is what we are expecting now;
It will be great if a closing above 8600 is achieved; Do not take any
unnecessary risks in last hour; Today, we will close green.



Please also see our Today's Performance or Details page