Alerts / Updates
for Wednesday, 13-Apr-2016
| SUGGESTS:
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ADANIPORTS
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DABUR
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NTPC
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| ALSO SEE: | GAIL | ICICIBANK | PETRONET |
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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:
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Alerts / Updates for Wednesday, 13-Apr-2016
SMS 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:
| Name | See Above | Stop Loss |
Target 1 | Target 2 |
Number to buy |
| ICICIBANK | 240 | 236 | 243 | 246 | 250 |
| PETRONET | 263.50 | 260 | 266 | 270 | 220 |
Also watch DABUR>266.50 and NTPC>138.50 if upsurge strengthens 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 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
| Suggest | Action -- for LONG | Comments |
| ADANIPORTS | — | Uncertain; Looks Risky; Avoid, for now |
| DABUR | See after 266.50 | Going up slowly; But be very careful.. |
| NTPC | — | Flat & Uncertain; Avoid, for now |
| GAIL | — | Took a fall; Uncertain; Avoid, for now |
| ICICIBANK | See after 240 | Flattened out at 240; Watch carefully.. |
| PETRONET | See after 263 | Flat now; Can go up; Watch carefully.. |
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
| Suggest | Action - for LONG | Comments |
| ADANIPORTS | — | Going down; Risky; Avoid, for now |
| DABUR | — | Flat & Scrappy; But watch after 266.50 |
| NTPC | — | This is also Flat & Scrappy; Avoid, for now |
| GAIL | — | Took a fall; Uncertain; Avoid, for now |
| ICICIBANK | In at 240, Out at 241.30 See again after 241.50 | There is chance for more here today |
| PETRONET | — | Took a fall; Recovering; Watch after 261 |
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
| Suggest | Action - for LONG | Comments |
| ADANIPORTS | — | This has disappointed today; Risky; Avoid |
| DABUR | In at 266.50, Out at 268 See again after 268 | This can give more profits in last hour |
| NTPC | — | This has disappointed today; Scrappy; Avoid |
| GAIL | See after 367 | This is choppy, but might give chances now.. |
| ICICIBANK | Out at 244 | No progress after last Update; Low chances of more profits in last hour |
| PETRONET | — | This has disappointed today; Risky; Avoid |
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.