IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 05-Apr-2016


 

SUGGESTS:

 

BHARTIARTL

 

DISHTV

 

JETAIRWAYS

 

ALSO SEE:

IDEA

SINTEX

ZEEL

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 Tuesday, 05-Apr-2016

SMS Pre-Market

Suggests: BHARTIARTL DISHTV JETAIRWAYS;
Also See: IDEA SINTEX ZEEL;
Valid for date: 05-Apr-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7780, 7820, 7850, 7900, 7940;
NIFTY Support levels are: 7720, 7690, 7660, 7620, 7580;

 


 

SMS-1

05Apr(10:00) Gap-down openng; Going Flat;
See JETAIRWAYS>602 IDEA>113;
Watch BHARTIARTL>345 DISHTV>88;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 30-point gap-down opening for the Nifty today, at around 7730, and the
index has remained flat and choppy immediately after the opening; Markets
have opened on a lower note ahead of the first bi-monthly policy review
meeting of the Reserve Bank of India for FY17 amid pressure from global
peers; Wall Street had closed lower last night after the recent rally and
Asian shares are mixed today as crude extends sell-off; At home, the Nifty
is showing negative bias in morning trade today ahead of Reserve Bank
of India's first bi-monthly policy review for the financial year 2017; Almost
83 per cent of economists expects the RBI to slash repo rate by 25 bps;
Another 67 per cent of economists polled expect that there could be Cash
reserve Ratio (CRR) cut of up to 50 bps; Any deviation from these figures
can cause big changes in the market today; The Nifty is still trading above
its crucial Support level of 7700 and this should be held today; Below that,
next Support is at 7670; On the upside, 7780 has been a difficult Resistance
to cross and no further progress is seen unless that is crossed; Choose your
trade carefully; Be alert about false starts; Do not be in a hurry to get in;
Consider all possible angles before you take any decision; Once in, take
small profits and exit; Buy again, if upside continues; See these if
market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
JETAIRWAYS 602 594 606 610 95
IDEA 113 110 115 117 530

Also watch BHARTIARTL>345 and DISHTV>88 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 Suggests are for LONG trades; Stay Away, if not sure.

 


 

SMS-2

05Apr(11:00) Nifty in red; Choppy; No Suggest gave profit;
See BHARTIARTL>344 IDEA>113 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL See after 344 Took a fall; Can recover; Watch carefully
DISHTV Going down; Avoid, for now
JETAIRWAYS Flat & Uncertain; But watch after 598
IDEA See after 113 This can turn up; Watch carefully..
SINTEX Flat & Uncertain; Avoid, for now
ZEEL Going down; Avoid, for now

There is not much happening in the market, and our Suggests, at this time as
the whole system is waiting for the RBI policy decisions which should come in the
next few minutes; You should also wait for the market to react to that decision
before jumping in; Wait for the market to analyse the situation and then settle
down; Keep constant vigil; Do not let your guard down; Do not be in a hurry
to get in; Look at all possible aspects very carefully before you enter;
Do not take any undue risks in haste that can take you to losses;
Stay Away if you are not sure about what to do.

 


 

BREAKING NEWS (11:10am)

RBI cuts repo rate by 25 bps to 6.50%
RBI keeps CRR unchanged at 4%
MSF rate cut by 75 bps to 7%

 


 

SMS-3

05Apr(12:30) Mkt in red; Going down; JETAIRWAYS gave profit;
See JETAIRWAYS>608 ZEEL>387 now if mkt turns up;
Await Europe openng; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Going down; Avoid, for now
DISHTV Has flattened out; Watch after 86.50
JETAIRWAYS In at 598, Out at 608
See again after 608
Has flattened out; But keep watching..
IDEA Going down; Avoid, for now
SINTEX Flat & Uncertain; Avoid, for now
ZEEL See after 387 Has started to go up, but be careful..

Some good profits have come from JETAIRWAYS going totally against the
trend; Three of our Suggests look good at this time, and we expect results;
The market has seen some small ups and downs after the RBI news, but the
general trend was down and the Nifty has lost about 70-points since the
announcement; The index has flattened out now and might start to turn up
as the good points from the RBI move becomes visible; Overseas cues may
not be that important today; Do not take any unnecessary risks that can
take you to losses; Stay Away, unless you know what you are doing;
We do not want any losses today.

 


 

SMS-4

05Apr(2:30) Mkt in red; -ve bias; No Suggest gave profit;
None looks good for LONG now in last hour;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHARTIARTL Has chances of turning up; Careful..
DISHTV Same here, Has chances of turning up..
JETAIRWAYS No further progress; But keep watching..
IDEA Scrappy & Risky; Avoid
SINTEX Going down; Risky; Avoid
ZEEL Very flat; Can shoot up suddenly..

No Suggest looks good for profits in LONG at this time, but we have not
lost hope; If, and only if, the Nifty starts to go up from the present lows,
we might see some profits in some of our Suggests; Global cues are down
as Europe is all in red; But we still feel we will get some positive trend in the
Nifty before close today; On the other hand, if you have been able to get some
profits out of JETAIRWAYS, you should Stay Away from this market now as the
going will be very tough and risky; Do not take any unnecessary risks in
the last hour that can push you to losses; Today we will close red.

 


 

Please also see our Today's Performance or Details page