IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 03-Mar-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 Thursday, 03-Mar-2016

SMS Pre-Market

Valid for 03-Mar-2016; All for LONG;
See site for Details


For Today:

NIFTY Resistance levels are: 7380, 7430, 7480, 7530, 7570;
NIFTY Support levels are: 7340, 7310, 7280, 7240, 7200;




03Mar(10:00) Gap-up openng; Going Choppy;
All for LONG; Details at site -INTDAY


Update-1: 10:00am

A third time positive opening for the Nifty today, around 7420, following good
global cues; Markets across the global have edged higher on the back of strong
US jobs data and a good rally in commodities; The Nifty50 reclaimed its crucial
level of 7400 and the Sensex has surged over 200 points in early morning trade
today; The formation of new 52-week swing low around 6825 levels on the day of
the Budget is suggesting an important bottom reversal pattern; We believe this
sharp upside bounce-back should sustain for reasonable period and the Nifty
could stabilise around 7500; RBI surprise rate cut this week or early next week
will boost the upside even further; The Nifty is at 7420 now, choppy in the green,
having come down from a high of 7445; We expect, like yesterday, a pause around
the Resistance at 7430 before going up later in the day; Upside target today is
the strong Resistance at 7480; Support is now at 7360-7340; Do not lower your
guard; Keep constant vigil; Do not be in a hurry to get in; Choose your trade
carefully; Consider all possible angles before you take a decision to get in;
Be cautious about false starts; Once in, take small, small profits and exit;
Buy again, if upside continues; See these if market upsurge comes
now with increasing volumes:

Name See
to buy
BHARTIARTL 330 326 334 338 180
AMBUJACEM 199.50 196 201 204 300

Also watch TATASTEEL>278 and CROMPGREAV>140.50 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.




03Mar(11:00) Nifty in green; Slight +ve bias; 4 Suggests
gave small profit; See BHARTIARTL>333 ICICIBANK>220
TATASTEEL>280 now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL In at 330, Out at 333
See again after 333
There can be more chances here today
ICICIBANK In at 218, Out at 220
See again after 220
Entry came following PricePoints;
Can turn up again; Watch carefully..
TATASTEEL In at 278, Out at 279.70
See again after 280
This also can give more profits today
AMBUJACEM In at 199.50, Out at 200.60 Flat at 197; Avoid, for now
CROMPGREAV Quiet & Uncertain; But watch after 140
DLF Choppy & Uncertain; Avoid, for now

Small profits have already come from 4 Suggests in the first hour; There is chance
for some more profits later in the day, as the Nifty is trying to progress upwards;
It is at 7440 now, with the Resistance at 7430 still holding; Our Suggests will
give more returns once this level is crossed and the Nifty starts to go up; Remain
cautious and vigilant; Keep constant watch; Don't be in a hurry to get back in;
Be careful about false starts; Do not take any unnecessary risks in haste that
can take you to losses; Stay Away if you are not sure about what to do.




03Mar(12:30) Nifty Green & Uncertain; 2 Suggests added profit;
Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Out at 334.70
See again after 335
Stuck at 334 now;
This can give more, but be very careful..
ICICIBANK See again after 220 Very Choppy; Watch carefully..
TATASTEEL Out at 283
See again after 283
This can still give more profits today
AMBUJACEM Stuck solid at 197; Avoid, for now
CROMPGREAV Quiet & Flat; Avoid, for now
DLF Choppy & Uncertain; Avoid, for now

We feel that required profits for the day has already come, and except for some
chance in TATASTEEL, we see no reason to stay in this market anymore; It will be
best to get out now and watch from the sidelines, as the Nifty is trying to break
free from the Resistance at 7430, and if it succeeds, we may see an upside till
7480; Specially if Europe opens good; In that case, our Suggests might give
more profits; Till that happens, it will be better not to take any undue risks
that can take you to losses; Stay Away, unless you know what you
are doing; We do not want any losses today.




03Mar(2:30) Nifty in green; Flat & Choppy; TATASTEEL added
profit; TATASTEEL>286 AMBUJACEM>199 still good
for more profits in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL No further development after last Update;
Going Flat & Uncertain; Best to Avoid
ICICIBANK No progress; Very Choppy; Risky; Avoid
TATASTEEL Out at 286
See again after 286
This can add more profits in last hour
AMBUJACEM See after 199 Has started to go up; Be very Careful..
CROMPGREAV Going down; Avoid
DLF This has disappointed today; Avoid

Time to close shop; Unless you are still holding TATASTEEL; Even then, you should
quit and take home your profits; The Nifty is at 7460 now, holding 7450-level,
but doing nothing else; Resistance at 7480 will hold today, it seems; Global cues
are no longer supportive as Europe is all in the red; Best to quit now and take
home your profits; Do not take any unnecessary risks in haste in the last hour
that can take away your profits and push you towards losses; We expect
the Nifty to close above 7450; Today, we will close green.



Please also see our Today's Performance or Details page