IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 02-May-2016


 

SUGGESTS:

 

IBREALEST

 

SUNTV

 

UPL

 

ALSO SEE:

BALRAMCHIN

DLF

ZEEL

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 Monday, 02-May-2016

SMS Pre-Market

Suggests: IBREALEST SUNTV UPL;
Also See: BALRAMCHIN DLF ZEEL;
Valid for date: 02-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7880, 7920, 7950, 8000, 8030;
NIFTY Support levels are: 7780, 7730, 7700, 7660, 7630;

 


 

SMS-1

02May(10:00) Gap-down openng; Going Flat;
See SUNTV>378 BALRAMCHIN>111;
Watch UPL>550 ZEEL>417;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 30-point gap down opening by the Nifty today, around 7820, as Asian markets
have tumbled today morning, with Japan's Nikkei dropping nearly -4% with the
Yen near a 18-month high; There has been a negative bias immediately after the
opening in which the important psychological level of 7800 is now being tested
by the Nifty; The level to watch now is 7780; If the Nifty trades below 7780,
profit booking can take the market down again; On the upside, no meaningful
rally will come unless the Nifty can cross 7890 and then 7940; Experts assume
that the rally from 6825 to 7992 has come to an end and correction is in the
process; Be very careful about false starts on such uncertain days; Keep
constant vigil; Do not be in a hurry to get into a trade; Consider all angles
carefully 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
SUNTV 378 372 383 388 150
BALRAMCHIN 111 107 113 115 540

Also watch UPL>550 and ZEEL>417 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

02May(11:00) Nifty in red; Choppy; UPL gave good profit;
See UPL>595 DLF>131 ZEEL>417 now if mkt turns up;
See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
IBREALEST Took a fall; Avoid, for now
SUNTV Going down; Avoid, for now
UPL In at 550, Out at 595
See again at 595
Going down now, but keep watching..
BALRAMCHIN Going down; But watch after 110
DLF See after 131 Choppy; Might go up now; Watch carefully..
ZEEL See after 417 Took a fall; Recovering; Watch carefully..

Good profits have already come from one Suggest in the first hour and we do not
see much scope for more profits from any of our Suggests at this time; It will be
best to stay in the side lines now and wait till the Nifty stabilises and starts to
move up; Be careful about false starts; 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

02May(12:30) Mkt in red; Going Flat; No Suggest gave profit;
See UPL>585 ZEEL>418 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IBREALEST Flat & Steady; But, Avoid for now
SUNTV Going down; Avoid, for now
UPL See after 585 Flat now; Might go up again..
BALRAMCHIN Flat & Uncertain; Avoid, for now
DLF Choppy & Uncertain; Avoid, for now
ZEEL See after 418 Choppy & Uncertain; Watch carefully..

Our Suggests are not performing at this time; We have shown hope in 2 of them
in the box above, but nothing will come unless the Nifty finds direction; It is
very uncertain at this time; There was a spike that took the index till 7830,
but the Nifty could not hold that level; Back to choppy trading now just above
7800; Global cues are very negative; There are no domestic cues; Even then, we
expect some upside here and our prospects might improve in the last portion of
the day; 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.

 


 

Please also see our Today's Performance or Details page