IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 12-Apr-2016


 

SUGGESTS:

 

BHEL

 

HAVELLS

 

IDEA

 

ALSO SEE:

ADANIPORTS

NTPC

SBIN

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, 12-Apr-2016

SMS Pre-Market

Suggests: BHEL HAVELLS IDEA;
Also See: ADANIPORTS NTPC SBIN;
Valid for date: 12-Apr-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7710, 7740, 7780,7820, 7850;
NIFTY Support levels are: 7630, 7580, 7520, 7480, 7450;

 


 

SMS-1

12Apr(10:00) Flat openng; Nifty Flat at 7700;
See ADANIPORTS>229 SBIN>190;
Watch BHEL>129 IDEA>115.70;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

The Nifty has opened flat today, at around 7670, and the market has developed
a slight positive bias after the opening; Globally, US had closed flat last night as
the results season has started; Asian markets are trading mixed today morning;
For the Nifty, technical charts are turning bullish and experts see further upside
for the index in the coming sessions; Today we expect the sharp rise we saw late
yesterday, should carry on ahead of the release of February industrial production
(IIP) and March consumer price index (CPI) data to be released later in the day;
Meanwhile, Skymet, a non-government weather forecaster, said on Monday that
this year's southwest monsoon should be slightly "above normal", at 105 per
cent of the Long Period Average; The Nifty50 is trading with a slight positive
bias at this time, and has quickly reached its crucial psychological level of 7700;
First Support is at 7660 and then at 7600; On the up-side, there is Resistance
at 7710-7740; Do not hurry into trading intraday in LONG today; Consider all
possible angles before you take any decision; Choose your trade carefully;
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
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ADANIPORTS 229 225 232 235 260
SBIN 190 187 192 194 310

Also watch BHEL>129 and IDEA>115.70 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

12Apr(11:00) Nifty in green; +ve bias; ADANIPORTS gave
profit; See ADANIPORTS>233 NTPC>135 SBIN>190
now if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHEL Uncertain, but can go up; Watch after 129
HAVELLS Flat & Uncertain; Avoid, for now
IDEA Flat & Uncertain; Avoid, for now
ADANIPORTS In at 229, Out at 232.50
See again after 233
Little Uncertain; But can give more today..
NTPC See after 135 Going up slowly; Watch this..
SBIN See after 190 Flat now; Can go up; Watch carefully..

Small profits have come from one Suggest in the first hour, and a few others
look good at this time; However, the Nifty seems to have lost its momentum and
is unable to cross the Resistance at 7710; This Resistance will hold for some
time, we feel; But more good times should come once this is covered; At this
time, as before, be careful about false starts; 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

12Apr(12:30) Mkt in green; +ve bias; ADANIPORTS added
profit; See BHEL>129 IDEA>115.50 ADANIPORTS>234.50
if mkt turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL See after 129 Can go up now; Watch carefully..
HAVELLS Badly stuck at 340; Can flare up suddenly
IDEA See after 115.50 This also can go up; Watch carefully..
ADANIPORTS Out at 234
See again after 234.50
This can give more today..
NTPC Going down; Risky; Avoid, for now
SBIN Flat & Uncertain; Risky; Avoid, for now

Some more profits have come from ADANIPORTS and there are 3 Suggests that
look good at this time; The Nifty has got back its positive bias, but is still unable
to cross the Resistance at 7710; But holding 7700-level; More good times should
come for our Suggests once this level is crossed confidently; Wait and see how
Europe opens; A positive opening there may pull our market up; 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

12Apr(2:30) Mkt in green; Choppy; No Suggest gave profit;
ADANIPORTS>234.50 NTPC>135 looks good for LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL Took a fall; Recovering now;
But best to Avoid this in last hour
HAVELLS SDtill stuck at 340 after some choppiness;
Best to Avoid this in last hour
IDEA Choppy & Uncertain; Risky; Avoid
ADANIPORTS See again after 234.50 This can still give more in last hour..
NTPC See after 115.50 Choppy, but going up; Watch this carefully..
SBIN Just touched trigger at 190; No entry was
possible; Uncertain now; Risky; Avoid

We are still optimistic about 2 of our Suggests in the last hour, even if there
was no progress after the last Update; The Nifty seems to have come back
after a small fall, and is back to 7710 from a low of 7675; But the Resistance
at 7710 is still holding; Europe is trading uncertain with most markets in the
red; There are no domestic cues; It will be great if the Nifty can go past 7710
in these circumstances; For our Suggests, it may be too late now to bank on
that; Do not take any unnecessary risks in the last hour that can push
you to losses; Protect your profits; Today we will close green.

 


 

Please also see our Today's Performance or Details page