IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 07-Dec-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 Monday, 07-Dec-2015

SMS Pre-Market

Valid for date: 07-Dec-2015; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7820, 7950, 7980, 8030, 8070;
NIFTY Support levels are: 7750, 7710, 7650, 7630, 7600;




07Dec(10:00) Gap-up openng; Going down;
Watch PETRONET>246 WIPRO>576;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A good gap-up opening for the Nifty50 today at around 7820, after US markets
staged a smart upside last Friday on positive jobs data and Asian markets have
followed it up with a good showing today morning; Market trend this week will
largely depend on developments over the GST Bill, movement of the Rupee and
uncertain global cues amid expected rate cut by the US Fed; For the Nifty today,
although it has reclaimed its crucial psychological level of 7800 right at the
opening itself, it may have to struggle to hold on unless we get some positive
trigger; The Nifty is at 7800 now, coming down choppily from a high of about
7825; As before, 7770 is a strategic and strong long-term Support level; Keep
constant vigil; Look at all angles carefully before you decide on what to do;
See these if the market upsurge comes now with increasing volumes:

Name See
to buy
CHENNPETRO 207 202 209 211 280
GATI 179 175 181 183 330

Also watch PETRONET>246 and WIPRO>576 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.




07Dec(11:00) Mkt has -ve bias; No Suggest looks good
for LONG at this time; CHENNPETRO WIPRO stuck;
All can profit if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN Flat & Uncertain; But watch after 137.50
CHENNPETRO Stuck at 204 This can go up suddenly..
GATI Took a fall; Flat now; Watch after 176
PETRONET Choppy & Uncertain; But watch after 245
SBIN This is looking risky; Avoid, for now
WIPRO Stuck at 573 Flat & Uncertain now; But watch this..

The first-hour has been disappointing for our Suggests, as can be expected on a
day like today; But we have hope; Things can turn around later today; Be patient;
But be very careful about false starts; Look at all angles before you decide to take
entry; Gains might not come easily; Do not take any unnecessary risks that can
take you to losses; Stay Away, if you cannot decide what to do.

The negative bias seen in the Nifty at the beginning, seems to be eased a little bit
now; There has been a pause in the 7775-7790 range; This is as per expectation, as
7770 is a strong and important Support; We expect this Support to hold now; But in
case this level is breached, we might quickly get another 100-150 point downside;
Do not take any unnecessary risks; Any wrong move on your part can take you
to losses; Stay Away, if in doubt.




07Dec(12:30) Mkt just above line; Going Flat; No Suggest
gave profit; GATI PERTONET Marginal; Hold if in;
See WIPRO>572 now if mkt turns up; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Stuck at 136; Flat & Uncertain; Avoid, for now
CHENNPETRO Flat and Risky; Avoid, for now
GATI Marginal at 186
Hold>176, SL-174
Be careful, if you are holding..
PETRONET Marginal at 245
Hold>245, SL-242
You have to be even more careful with this..
SBIN This is still risky; Avoid, for now
WIPRO See above 572 This can give chances from here..

We are not out of the woods as yet, although two of our Suggests are showing
promise; But the overall market situation needs to improve for any good profits
to come; Look at all angles before you decide to take entry; Gains might not
come easily; We already have two 'false start' situations; Do not take any
unnecessary risks that can take you to losses; Stay Away, if you
cannot decide what to do.

The Nifty is still very flat and quiet around the line, maintaining position since
the last Update; At 7785 now, marginally in the green; We expect the Support at
7770 to hold; Range-bound trading should continue in the 7770-7790 range; But
be careful as a slight negative bias might return; To proceed upwards today, we will
require some positive trigger; Consider all angles before you take a decision;
Do not take any undue risks; There should not be any losses today.




07Dec(2:30) Mkt in red; Flat; PETRONET WIPRO gave small profit;
GATI Marginal; Hold WIPRO>575; See PETRONET>246.50
again if upsurge comes; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Flat & Uncertain; Risky; Avoid
CHENNPETRO Can Flare up; But Risky; Avoid
GATI Marginal at 176 No improvement after last Update; Avoid
PETRONET In at 245, Out at 246.40
See again after 246.50
We see LOW chances with this in last hour..
SBIN This is risky; Avoid
WIPRO In at 572, Out at 574.70
Hold>575, SL-568
This can give more in last hour

Minimal profits have come from two of our Suggests so far today, and we
still have hopes for more, specially from WIPRO; We will do better if the Nifty
turns around now; But do not take any unnecessary risks in the last hour;
Be careful even with WIPRO; Do not risk your profits; Stay Away, if you
cannot decide what to do.

The Nifty has slipped below 7770 after our last Update; From about 7780
the index touched a low of 7745; But from there, the Nifty has come back a
bit and is at 7770 now; So, technically, the Support aT 7770 is still holding; The
big downside that we expected once 7770 is breached, has not come as yet and
may not come at all today; We'll see what happens tomorrow; Global cues are still
very supportive; But to proceed upwards today, we will require some good positive
trigger; We feel a last minute attempt at 7800-level into the green will be made
by the Nifty by closing time today; Do not take any undue risks now;
Protect your profits; Today, we will close red/flat.



Please also see our Today's Performance or Details page