IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 08-Apr-2016


 

SUGGESTS:

 

BHEL

 

CADILAHC

 

CENTURYTEX

 

ALSO SEE:

COALINDIA

RECLTD

TATAMTRDVR

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, 08-Apr-2016

SMS Pre-Market

Suggests: BHEL CADILAHC CENTURYTEX;
Also See: COALINDIA RECLTD TATAMTRDVR;
Valid for: 08-Apr-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7600, 7640, 7710, 7740, 7780;
NIFTY Support levels are: 7520, 7480, 7450, 7410, 7380;

 


 

SMS-1

08Apr(10:00) Flat openng; Choppy;
See CENTURYTEX>580 TATAMTRDVR>281;
Watch BHEL>122 RECLTD>162.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 7540, and the market has
remained choppy around the line after opening; The positivity that was
expected yesterday, but never came, might come in today; There are no
external or domestic cues; Crucial level for the Nifty at 7550 will have
to be held today to prevent further downward slide; Support is at 7520
and then at 7480; On the up-side, there is Resistance now at 7580-7600;
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
CENTURYTEX 580 570 584 590 100
TATAMTRDVR 281 276 284 287 210

Also watch BHEL>122 and RECLTD>162.50 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 Suggests are for LONG trades; Stay Away, if not sure.

 


 

SMS-2

08Apr(11:00) Nifty has +ve bias; No Suggest gave profit;
CENTURYTEX Marginal; See BHEL>122 COALINDIA>281.50
TATAMTRDVR>281 if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHEL See above 122 Flat & Uncertain; Can go up; Watch this..
CADILAHC Scrappy & Uncertain; Avoid, for now
CENTURYTEX In at 580, Out at 582.40;
Marginal till now
These profits were difficult to get;
Going down; Avoid, for now
COALINDIA See after 281.50 This is going up slowly; Watch carefully..
RECLTD This also can go up; Watch after 162.50
TATAMTRDVR See after 281 Flat now; Can go up; Watch carefully..

We are hopeful with 4 of our Suggests at this time, mainly because the Nifty is
showing signs of positive bias; We believe that our Suggests will do well if the
Nifty can go up till 7600 today; We had expected the same yesterday, but the
chance never came; There is good possibility for that today; 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

08Apr(12:30) Nifty around line; No Suggest gave profit;
COALINDIA Marginal; None looks good for LONG now;
Await Europe openng; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Still uncertain; Can go up; Watch above 122
CADILAHC Scrappy & Uncertain; Avoid, for now
CENTURYTEX No progress after last Update; But this can
go up now; Watch carewfully after 582.50
COALINDIA Marginal at 281.50 Best to get out from this now,
and re-enter if 282.50 is crossed
RECLTD Took a fall; Scrappy; Avoid, for now
TATAMTRDVR This also took a fall,
but recovering now; Watch after 280

The expected upside from the Nifty has not come; Our Suggests have not done any
thing good since the last Update; Except that, we have got another false start;
The way things are going, you have to be very careful about false starts going
forward from here; Trading in intraday in LONG will be risky as long as the
Nifty remains range-bound and quiet; 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

08Apr(2:30) Nifty choppy around line; No Suggest gave profit;
None look good for LONG now in last hour;
Best to Stay Away in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Still uncertain; Best to Avoid this
CADILAHC Scrappy & Uncertain; Risky; Avoid
CENTURYTEX Going down; Best to Avoid this now
COALINDIA There was no scope after last Update;
Has started to fall now; Avoid
RECLTD Scrappy & Uncertain; Risky; Avoid
TATAMTRDVR Took a fall; Uncertain & Risky; Avoid

The day has gone waste for our Suggests till now; The Nifty has been range-bound
just above the line for the most part today; Even if some movement comes in the
Nifty in the last hour, as Europe is all in green, it will be better to Stay Away
from this market now; As we said before, trading in intraday in LONG will be
risky; Today also, 7550-odd is expected to be held by the Nifty at the closing;
Do not take any unnecessary risks in the last hour that can push you to losses;
Today we will close flat/green.

 


 

Please also see our Today's Performance or Details page