![]() Alerts / Updates for Wednesday, 13-Apr-2016 |
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Alerts / Updates for Wednesday, 13-Apr-2016SMS Pre-Market Suggests: ADANIPORTS DABUR NTPC;Also See: GAIL ICICIBANK PETRONET; Valid for date: 13-Apr-2016; All for LONG; See site for full Details -Intradaytrade.net.in For Today: NIFTY Resistance levels are: 7720, 7760, 7820, 7850, 7900; NIFTY Support levels are: 7660, 7630, 7580, 7520, 7480;
SMS-1 13Apr(10:00) Gap-up openng; Going Good; See ICICIBANK>240 PETRONET>263.50; Watch DABUR>266.50 NTPC>138.50; All for LONG if upsurge holds; See site -INTDAY Update-1: 10:00am A big 70-point gap-up opening for the Nifty today, at around 7780, and the index has covered another important psychological level of 7800 immediately after the opening today as investors reacted positively to India Meteorological Department's forecast of above-normal rainfall this monsoon, a recovery in factory output and a drop in retail inflation; There is even talk of another rate cut by RBI; Global cues are also supportive as US markets had closed about +1% positive last night and Asia is all in green as China trade data has improved and oil prices have soared to four month highs; At home, the Nifty has formed a short bull candle pattern on the daily candlestick charts, which confirms that the market trend will remain on the upside, but some consolidation cannot be ruled out; We expect that consolidation to come in the 7820-7850 zone, which is the first Resistance today; There is Support now at 7770 and then at 7730; Do not get over-enthusiastic today; Do not hurry into trading intraday in LONG today; 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 holds now with increasing volumes:
Also watch DABUR>266.50 and NTPC>138.50 if upsurge strengthens now;
SMS-2 13Apr(11:00) Nifty in green; +ve bias; No Suggest gave profit; See DABUR>266.50 ICICIBANK>240 PETRONET>263 if mkt upturn continues; See Site -INTDAY Update-2: 11:00am
Three of our Suggests are looking good at this time, but all are capable of doing something if the upside in the Nifty continues; The Nifty is at 7835 now, and as we said before, some consolidation is expected before 7850; 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 unnecessary risks in haste that can take you to losses; Stay Away if you are not sure about what to do.
SMS-3 13Apr(12:30) Nifty green & very Flat; ICICIBANK gave small profit; Only ICICIBANK>241.50 looks good now if mkt turns up; Await Europe openng; See Site -INTDAY Update-3: 12:30pm
Even at this stage, we are hopeful with 3 of our Suggests, one of which has already given minimal profits; Problem is, the Nifty has not been able to get out from the range of 7820-7840; It is still unable to cross the Resistance at 7850; But holding 7800-level, which is great; Wait and see how Europe opens; A positive opening there may pull our market up; But if it doesn't, we might see some profit-booking downsides; 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 13Apr(2:30) Mkt in green; Flat; 2 Suggests gave profit; DABUR>268 GAIL>367 looks good for LONG if upsurge comes again in last hour; See Site -INTDAY Update-4: 2:30pm
Good profits have come from 2 of our Suggests today, and even at this stage, at least one of our Suggests might add to its profits in the last hour; The Nifty is also doing very well to hold 7800-level and not coming down from the range of 7820-7840; It has not been able to cross the Resistance at 7850 the whole day today, but we feel there will be a definite upsurge before closing today; Global cues are supportive as Europe is over +1% in the green as oil prices are steady; Good monsoon forecast is strong domestic cue; Do not take any unnecessary risks in the last hour that can push you to losses; Protect your profits; We earnestly hope the Nifty will cross the Resistance at 7850 and give a closing above that today; In any case, today we will close green.
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