IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 29-Jan-2016














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 Friday, 29-Jan-2016

SMS Pre-Market

Valid for date: 29-Jan-2016; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7470, 7490, 7520, 7570, 7600;
NIFTY Support levels are: 7400, 7370, 7330, 7280, 7240;




29Jan(10:00) Flat openng; Going Choppy;
See ARVIND>320 ZEEL>410;
Watch DABUR>246.50 POWERGRID>147;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

There was another flat opening for the Nifty50 today, at around 7420, which
is in the red, but the index jumped up sharply immediately after opening to
touch a high of 7480, which is in the green, on news that Bank Of Japan has
adopted negative interest rates policy; All of Asia has made great progress on
this news, with Japan going up by more than +2.5%; Before this news came in,
all of Asia was tentative and our market was expected to give a cautious start
today with stock specific action post the third quarter earnings announcement
of key companies; At this time, the Nifty is positive at 7450 now, fluctuating in
the 7445-7470 area, trying to hold on to the important level of 7450 and still
unable to get past the Resistance of 7470-7490; Range-bound trading is now
expected from the Nifty; We'll see a bounce-back once the Resistance at 7470
is crossed; Good Support is at 7420; Be cautious about false starts; Keep
constant vigil; Look at all angles before you decide what to do; Take
small, small profits and exit; See these if the market upsurge
comes again with increasing volumes:

Name See
to buy
ARVIND 320 316 323 327 180
ZEEL 410 404 414 418 140

Also watch DABUR>246.50 and POWERGRID>147 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.




29Jan(11:00) Mkt +ve & choppy; No Suggest gave profit;
Hold ZEEL>412 if in; See POWERGRID>147 CANBK>186
now if mkt turns up again; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN Going down; Avoid, for now
DABUR Very Choppy; Watch after 246
POWERGRID See after 147 Going up in bursts; Watch this carefully..
ARVIND Going down; Avoid, for now
CANBK See after 186 Going up after a fall; Keep watching..
ZEEL In at 410
Hold>412, SL-405
Might turn up further now; But be careful..

Three of our Suggests look good at this time, but the going will be risky as the
general market is fluctuating badly; Be very watchful and extra careful at this time;
Hold your patience; Do not take any unnecessary risks in haste that can take you
to losses; Stay Away if you are not sure and confident about what to do.

The Nifty has been very choppy and uncertain following global cues; The Bank of
Japan action has not been properly understood by anyone, and Japan is seeing big
ups and downs; The Nifty is at 7455 now, fluctuating in the 7445-7465 band since
the last Update; There has been more than 3 swings between these extremes
already; But we expect the Nifty to stabilise and tackle the immediate concern
of holding 7450 and then going up towards 7490 later today; Do not take any
unnecessary risks; Any wrong move on your part can take you to losses;
Stay Away if you are not sure about what to do.




29Jan(12:30) Mkt in green; +ve bias; 3 Suggests gave profit;
See ARVIND>327 CANBK>190 ZEEL>417 again if mkt
upturn holds; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Going up late; Watch after 125
DABUR Very Choppy & Risky; Avoid, for now
POWERGRID Has become Choppy & Risky; Avoid, for now
ARVIND In at 320, Out at 327
See again after 327
Entry came following earlier level;
Can give a 2nd chance today
CANBK In at 186, Out at 190
See again after 190
This can also give a 2nd chance today
ZEEL In at 410, Out at 416
See again after 416
A target of 418 seen; But be careful..

Three of our Suggests have given adequate profits till now, and some more profits
may come from several of our Suggests from here onwards; But we will say now
what we have said many, many times in the past — if you have made your profits
for the day, consider quitting and take home your profits; There is every chance
that the Nifty will flatten out now; No point in stretching your luck; Do not take
unnecessary risks at this point that can take away your profits and lead you
to losses; Stay Away if you are not sure and confident about what to do.

The Nifty has given a smart upside after our last Update and has been successful
in climbing above the Resistance at 7470-7490; The psychologically important level
of 7500 has also been crossed confidently; The Nifty is at 7510 now, in the green,
touching a high of 7520; This is also a Resistance level, and the Nifty is expected
to consolidate at this level for some time; But some more upside might come if
Europe opens positive, as is expected; Be very careful as you go forward
from here; Protect your profits; There should not be any losses today.




29Jan(2:30) Nifty has +ve bias; 2 Suggest added small profits;
CANBK>191 ZEEL>418 good for more in LONG if upsurge
comes again in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Flat & Quiet; Can be Risky; Avoid
DABUR Very Choppy & Risky; Avoid
POWERGRID Low Volume & Risky; Avoid
ARVIND No further improvement after last Update
CANBK Out at 190.70
See again after 191
There is chance for more in last hour
ZEEL Out at 417.70
See again after 418
There is chance for more in last hour

Our Suggests have done a good job so far today, and there is chance for some
more profits in the last hour from at least 2 of them; But we will tell you the same
thing again: if you have made your profits for the day, it is best that you quit now
and take home your profits, unless you are very sure about what you are doing
and you are willing to take extra risks in the last hour; We are in good position
today after two days of questionable performance; Do not stretch your luck;
Protect your profits; Do not take any unnecessary risks in the last hour;
Best to Stay Away now.

The Nifty has has done a fantastic job today and the positive bias is still very
much there after our last Update; 7500-level is being held with confidence; The
Nifty is now at 7530, in the green; The target now is 7550; Global cues are also
supportive; Do not take any unnecessary risks in the last hour; Protect your
profits; Best to Stay Away now; Today, we will close green.



Please also see our Today's Performance or Details page