IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 07-Apr-2016


 

SUGGESTS:

 

HAVELLS

 

JETAIRWAYS

 

TATASTEEL

 

ALSO SEE:

BALRAMCHIN

CENTURYTEX

INDIACEM

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, 07-Apr-2016

SMS Pre-Market

Suggests: HAVELLS JETAIRWAYS TATASTEEL;
Also See: BALRAMCHIN CENTURYTEX INDIACEM;
Valid for: 07-Apr-2016; For LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7640, 7710, 7740, 7780, 7820;
NIFTY Support levels are: 7580, 7520, 7480, 7450, 7410;

 


 

SMS-1

07Apr(10:00) Flat openng; Going Flat;
See JETAIRWAYS>618 TATASTEEL>330;
Watch HAVELLS>331 INDIACEM>90.70;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 7615, but the market has
taken a sharp negative turn immediately after the start as the minutes from
the US Fed's March 15-16 policy meeting came in, suggesting that the US Fed
remains apprehensive about an interest rate hike before June 2016 as fears
of a global economic slowdown has resurfaced; Crucial Support for the Nifty at
7580 has been breached and the index is headed towards the next Support
at 7520; We expect the Nifty to level out before that and recover and hold
7550-level; On the up-side, there is Resistance now at 7600-7630; Be
very careful trading intraday in LONG today; Keep constant vigil; Do not
be in a hurry to get in; Choose your trade carefully; Be alert about false
starts; 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 618 608 623 630 95
TATASTEEL 330 326 333 340 180

Also watch HAVELLS>331 and INDIACEM>90.70 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

07Apr(11:00) Nifty in red; Choppy; JETAIRWAYS gave profit;
TATASTEEL Marginal; See JETAIRWAYS>625 INDIACEM>90.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
HAVELLS Flat & Uncertain; Can recover; Avoid, for now
JETAIRWAYS In at 618, Out at 625
See again after 625
Low chances just now, but keep watching..
TATASTEEL Marginal at 330 There was actually no entry as even 331
was not reached; This still has chances
BALRAMCHIN Choppy & Uncertain; Avoid, for now
CENTURYTEX Has taken a fall; Can recover; Avoid, for now
INDIACEM See after 90.50 Can go up; Watch carefully..

Our Suggests are poised for profits in LONG but some push is required from the
general market today; We will have good prospects if the Nifty continues to go
up beyond 7600 and into the green; There is good possibility for that; But do
lower your guard; Do not be in a hurry to get in; Look at all possible angles
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.

 


 

SMS-3

07Apr(12:30) Mkt in red; Choppy; No Suggest gave profit;
None look good for LONG now; All can profit if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HAVELLS Flat & Uncertain; Can recover; Avoid, for now
JETAIRWAYS See again after 625 No further progress; Keep watching..
TATASTEEL Flat & Undecided; Avoid, for now
BALRAMCHIN Choppy & Risky; Avoid, for now
CENTURYTEX Choppy & Undecided; Avoid, for now
INDIACEM Going down Choppily; Avoid, for now

None of our Suggests have given any profits in LONG after our last Update,
in spite of the Nifty doing a slight recovery till 7600-level; This only means
that we have to be extra careful now, if we want to take any entry; The going
will be tough and risky from here; Wait and see how Europe opens; A positive
opening there may pull our market up; You can think of entering if that happens;
Do not 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.

 


 

SMS-4

07Apr(2:30) Mkt in red; Flat & Quiet; No Suggest gave profit;
None looks 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
HAVELLS Flat & Uncertain; Best to Avoid now
JETAIRWAYS No further progress; Best to Avoid now
TATASTEEL Flat & Undecided; But there is slight
chances here in the last hour
BALRAMCHIN Going down; Risky; Avoid
CENTURYTEX Choppy & Undecided; But there is
slight chances here in the last hour
INDIACEM Still going down Choppily; Avoid

None of our Suggests have given any profits in LONG after our last Update,
and none looks good for LONG at this time; It will be best to Stay Away from
this market now; The Nifty has not been able to cross over the 7600-mark and
is choppy around 7580 in a very narrow range in spite of global cues being
mostly positive; We expect the Nifty to make a last effort to get back to 7600
before closing today; 7550 is expected to be held; 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