IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 04-Feb-2016


 

SUGGESTS:

 

CADILAHC

 

PETRONET

 

YESBANK

 

ALSO SEE:

CAIRN

IDEA

PNB

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, 04-Feb-2016

SMS Pre-Market

Suggests: CADILAHC PETRONET YESBANK;
Also See: CAIRN IDEA PNB;
Valid for date: 04-Feb-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7390, 7420, 7470, 7490, 7530;
NIFTY Support levels are: 7330, 7280, 7240, 7200, 7170;

 


 

SMS-1

04Feb(10:00) Gap-up openng; Going Flat;
See CADILAHC>319 CAIRN>122.50;
Watch PETRONET>258 YESBANK>783;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A big 60-point gap-up opening this time for the Nifty50 today, at around
7420, following a firm trend in global equities after oil prices went up; Also,
Asian shares are up today after a weak US services data dampened hopes
of a further rate hike by the US Fed in the near future, which helped the US
markets to rally last night; The Nifty50 has surged over 60 points on opening
today to reclaim its crucial level of 7400, but is trading choppy and quiet in
the narrow 7410-7430 range since then; The general trend in the market is still
down, we feel; And the positive opening due to external cues may not hold good
in the long run today; 7380-7360 is good Support with more Support at 7330;
On the upside, 7470-7490 will be the first level of Resistance; We expect some
range bound trading in the broad 7400-7450 region on the most part today, with
some upside in late hours; Be patient, and chances will come your way in LONG;
Choose your trade carefully; Be cautious about false starts; Once in, take
small, small profit and exit; Buy again, if the upside continues further;
See these if the market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CADILAHC 319 314 322 326 180
CAIRN 122.50 119 125 128 480

Also watch PETRONET>258 and YESBANK>783 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.

 


 

SMS-2

04Feb(11:00) Nifty +ve; Took a fall; Recovering now;
CAIRN gave profit; See YESBANK>773 CAIRN>124
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CADILAHC Choppy & Going down; Avoid, for now
PETRONET Also Choppy & Uncertain; Watch after 256
YESBANK See after 773 Going up after a fall; Watch this carefully
CAIRN In at 122.50, Out at 124
See again after 124
Steady at 123.50; This can give more today
IDEA This can go up now; Watch after 103.50
PNB This can also go up; watch after 90.50

Small profits have already come from CAIRN in the first hour, and almost all the
others look good for LONG at this time; The general market is on recovery after a
small downside, and looks like getting range-bound now; This means you have to
be very careful of false starts going forward; 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 is at 7410 now, trying hard to hold on to the 7400-mark; It had taken a
fall after our last Update to go from 7430 down to touch almost 7385; Some recovery
has come, but not much upside is expected now; We will see range-bound trading
in the 7380-7420 zone till our next Update, we feel, unless we get any positive
or negative inputs, either local or global; There is good Support at 7380; Be very
careful now; 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.

 


 

SMS-3

04Feb(12:30) Nifty in green; Recovering; CAIRN added profit;
PETRONET YESBANK Marginal; See CAIRN>125.50 IDEA>103.50
if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CADILAHC Choppy & Going down; Avoid, for now
PETRONET Marginal at 256 Touched 256; There was no entry;
This looks risky; Avoid, for now
YESBANK In at 773, Out at 775
We'll call this Marginal
Upsurge was very fast and no entry/exit was
actually possible; Going down; Avoid, for now
CAIRN Out at 125.30
See again after 125.50
Has levelled out; Be very careful now..
IDEA See after 103.50 This can go up now; Watch carefully..
PNB In at 90.50, Out at 91.50 Can go up further; Watch again after 91.50

Adequate profits have come from CAIRN, PNB after our last Update; We are hopeful
of more profits from the last three Suggests, specially if the Nifty starts to go up
towards 7450; But do not lower your guard; Be careful of false starts, as always;
Do not take any unnecessary risks in haste that can take you to losses; Protect
your profits; Stay Away if you are not sure and confident about what you are doing.

There is a small, but definite positive bias in the Nifty now; From a low of about
7380, the index has come up to 7430 now, still in the green, after our last Update;
Support at 7380 has acted strong; We see more progress and 7450 will definitely
be crossed by the Nifty now; Next Resistance at 7470 is also to be tested unless we
get some negative trigger; There is good Support at 7380; Watchout for Europe
opening for global cues; Be very careful as you go forward from here;
Protect your profits; There should not be any losses today.

 


 

SMS-4

04Feb(2:30) Mkt green & flat; No Suggest gave profit;
None look good for LONG at this time; Best to Stay Away
now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CADILAHC Flat & Quiet; But may flare up suddenly..
PETRONET Marginal at 256 Scrappy; This looks risky; Avoid
YESBANK Going down; Risky; Avoid
CAIRN Going down now; Avoid
IDEA Going down; Risky; Avoid
PNB Going down; Risky; Avoid

None of our Suggest looks good for LONG at this time; Adequate profits have come
for the day, so it is pointless to stay on any longer now; You should exit from all
holding positions, if you have not already done so; Do not take any unnecessary
risks in haste that can take you to losses; Protect your profits;
It is best to Stay Away now.

The Nifty has become choppy and range-bound after our last update; 7450 was
reached but the index could not hold on to that level for long; It has started to fall
from there to reach a low of 7400 exact; At 7420 now, in the green, fluctuating in
the 7400-7430 range; Resistance has been found at 7450; We expect the Nifty to
go down some more in the last hour; It may become difficult to hold 7400 at closing
today; But there is good Support at 7380; Do not take any unnecessary risks
now 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