IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 27-Apr-2016


 

SUGGESTS:

 

AXISBANK

 

RECLTD

 

ZEEL

 

ALSO SEE:

HINDALCO

IDEA

PFC

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 Wednesday, 27-Apr-2016

SMS Pre-Market

Suggests: AXISBANK RECLTD ZEEL;
Also See: HINDALCO IDEA PFC;
Valid for date: 27Apr-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7980, 8030, 8080, 8140, 8190;
NIFTY Support levels are: 7920, 7870, 7820, 7780, 7730;

 


 

SMS-1

27Apr(10:00) Flat openng; Choppy in green;
See AXISBANK>475 HINDALCO>105;
Watch RECLTD>183.50 IDEA>126;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening by the Nifty today, around 7940, but the Nifty seems to be
holding the positive bias seen yesterday, following better-than-expected
results from Maruti Suzuki and a strong opening in European markets; But
global cues are mixed today morning as most players await commentary from
global central banks that might sway asset markets; Markets are expecting
cues on future rate hikes especially in June from the US Fed and a probable
surprise from the Bank of Japan on Thursday; At home, a lot of stock-specific
action is taking place because of the earnings season, but the activities in
our Parliament will also be in focus; This is also Expiry week; For the Nifty
today, 8000-level has been very difficult to cross in the past, and might still
give strong Resistance till 8030; On the downside, 7860-7830 is a good Support
zone; We expect quiet range-bound trading in the most part today with a slight
positive bias and 7950 should be held today; 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
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AXISBANK 475 465 479 486 120
HINDALCO 105 102 107 110 570

Also watch RECLTD>183.50 and IDEA>126 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

27Apr(11:00) Nifty Flat around line; No Suggest gave profit;
See AXISBANK>472 IDEA>125 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AXISBANK See after 472 Flat around 470 now; Watch carefully..
RECLTD Choppy & Uncertain, but watch after 183
ZEEL Took a fall; Recovering; Watch after 412
HINDALCO Going down; Avoid, for now
IDEA See after 125 Might go up now; Be careful..
PFC Going down; Avoid, for now

None of our Suggests could do any good in the first hour today, but we are
hopeful with four of them at this time; It will help immensely if the Nifty starts
to move up; Some trigger is required for that to happen, like the Maruti results
yesterday; Be careful about false starts on days like today; Look at all possible
angles 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

27Apr(12:30) Mkt in green; Choppy; 3 Suggests gave profit;
ZEEL Marginal; See RECLTD>186 IDEA>126.50 PFC>184
if mkt turns up; Await Europe; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AXISBANK Stuck at 470; Best to Avoid for now
RECLTD In at 183, Out at 185.70
See again after 186
This can give more today also
ZEEL Marginal at 412 Best to get out from this now and
concentrate on the other profit makers
HINDALCO Stuck at 102.50; Avoid, for now
IDEA In at 125, Out at 126.50
See again after 126.50
This can give some more profits today
PFC In at 181, Out at 183.70
See again after 184
Entry came via PricePoints; Chances are
low for more here, but keep watching..

Adequate profits have come from 3 of our Suggests till now, and some more is
expected from some of them; The Nifty is holding position around 7970 and
fluctuating in the green; As was expected, the area around 7990-8000 is
strong Resistance and the Nifty has not been able to cross 7985 today; We
will get more opportunity once Nifty goes over this Resistance; But do not
lower your guard; Do not take any unnecessary risks that can take you to
losses; Get out and Stay Away if you are not sure about what to do;
We do not want any losses today.

 


 

SMS-4

27Apr(2:30) Nifty choppy just above line; IDEA added profit;
No Suggest looks good for LONG now in last hour;
Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AXISBANK Going down; Best to Avoid
RECLTD No further progress after last Update;
Best to Avoid this in last hour
ZEEL Marginal at 412; Going down now; Avoid
HINDALCO Going down now; Avoid
IDEA Out at 127.50 Going down now; Avoid
PFC No further progress after last Update;
Best to Avoid this in last hour

Adequate profits have come from 3 of our Suggests today and we will ask
our members to quit this market now; Asia is closing in the red and Europe is
mixed at this time with important markets in the red; There are no domestic
cues; Not much movement is expected from the Nifty now in the last hour, but
a closing above 7950 is expected; Do not take any unnecessary risks in the
last hour and take home your profits; Best to Stay Away now;
We will close flat/green today.

 


 

Please also see our Today's Performance or Details page