IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 22-Apr-2016














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, 22-Apr-2016

SMS Pre-Market

Valid for: 22-Apr-2016; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7950, 7980, 8030, 8080, 8140;
NIFTY Support levels are: 7870, 7820, 7780, 7730, 7700;




22Apr(10:00) Flat openng; Going Choppy;
See ARVIND>278 RECLTD>172.50;
Watch BHARTIARTL>356 FRL>150;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A flat opening for the Nifty today, just below 7900, following disturbed cues
from around the world due to drop in crude prices, ECB action and unclear US
jobs data; Almost the whole world is in the red at this time; The cautiousness
in our markets is validated by the 'Spinning Top' pattern formed by the Nifty
in the daily charts which clearly indicates that the bears are putting pressure
at higher levels; The ongoing earning season is also putting pressure; Some of
the notable companies including RIL, HDFC Bank and Cairn India are likely to
announce the fourth quarter results today; We expect the Nifty to remain range
bound for most part, but 7900-level should be regained; There is Resistance at
the 7950-7980 range; Support is there at 7870 and at 7820; Keep constant
vigil, as always; Do not be in a hurry to get into a trade; 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
to buy
ARVIND 278 272 281 284 210
RECLTD 172.50 168 175 178 340

Also watch BHARTIARTL>356 and FRL>150 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.




22Apr(11:00) Nifty around line; Slight +ve bias; 2 Suggests
gave profit; See FRL>151 ARVIND>281 again
if mkt upturn holds; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
BHARTIARTL Going up slowly, but not convincing;
Watch very carefully after 356
COALINDIA Going flat at 287, but can turn up..
FRL In at 150, Out at 151
See again after 151
Going up in spurts; Careful..
ARVIND In at 278, Out at 281
See again after 281
This can give more profits today
CHENNPETRO Going down; Uncertain; Avoid, for now
RECLTD Stuck at 172; Old levels still valid;
But this can become Marginal today

Good profits have come from two of our Suggests in the first hour and we are hopeful
of more profits from all our Suggests, except one; But the Nifty needs to keep holding
7900-level, and continue to go up towards 7950, for that to happen; Hold your reins;
Do not be in a hurry to get in; Be very careful about false starts; 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.




22Apr(12:30) Nifty Choppy around line; FRL added profit;
BHARTIARTL RECLTD Marginal; See FRL>154 again
if mkt turns up; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
BHARTIARTL Marginal at 356 Going down now; Not worth tracking
COALINDIA Choppy & Uncertain; Risky; Avoid, for now
FRL Out at 154
See again after 154
This can give more profits later today
ARVIND No progress after last Update; Uncertain now
CHENNPETRO Choppy & Uncertain; Avoid, for now
RECLTD Marginal at 172.50 This has chances to give profits now

FRL has added good profits and two others have been Marginal till now; But
we still have hopes with one of them; Four Suggests are uncertain now, and it
is not worth tracking them if you have already made your profits today; Nifty
is holding 7900-level but Europe is expected to open lower; Be very careful
going forward; Protect your profits; 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.




22Apr(2:30) Mkt in red; Choppy; RECLTD gave profit;
No Suggest 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
BHARTIARTL Going down; Avoid
COALINDIA Choppy & Uncertain; Risky; Avoid
FRL No further progress; Going down; Avoid
ARVIND No progress; Uncertain now; Avoid
CHENNPETRO Choppy & Uncertain; Low Volume; Avoid
RECLTD In at 172.50, Out at 174.20 No further chances seen here; Avoid

Sufficient profits have come from our Suggests today, and it will be best to
Stay Away form this market now; The Nifty has again lost the 7900-level and
global cues are negative; There are no domestic cues as Q4 results of RIL are
speculated; Do not take any unnecessary risks in the last hour that can
take away your profits and push you to losses; Best to Stay Away now;
We will close flat/red today.



Please also see our Today's Performance or Details page