IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 03-May-2016


 

SUGGESTS:

 

CAIRN

 

DABUR

 

IBREALEST

 

ALSO SEE:

ARVIND

INDIACEM

UPL

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 Tuesday, 03-May-2016

SMS Pre-Market

Suggests: CAIRN DABUR IBREALEST;
Also See: ARVIND INDIACEM UPL;
Valid for date: 03-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7850, 7880, 7920, 7950, 8000;
NIFTY Support levels are: 7780, 7730, 7700, 7660, 7630;

 


 

SMS-1

03May(10:00) Flat openng; Going good;
See IBREALEST>69.50 INDIACEM>93.70;
Watch ARVIND>293 UPL>602;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Market saw a small 20-point gap up opening by the Nifty today, around 7825,
as Asian markets are mixed with Japan closed today after yesterday's tumble;
Earlier, Wall Street saw a rebound with Nasdaq breaking a seven-day losing run
on good company results; However, another dip in oil prices and strengthening
of the US dollar has halted progress; In our market, the Nifty has given a sharp
positive jump immediately after the opening in which the important psychological
level of 7850 is now covered; The level to watch now is 7900; Another attempt at
the elusive 8000-level is possible only after 7900 is crossed convincingly today;
There is Support now at 7800-7780; Be very careful about false starts; 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
IBREALEST 69.50 68 70.50 72 860
INDIACEM 93.70 92 95 96 640

Also watch ARVIND>293 and UPL>602 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

03May(11:00) Nifty in green; Choppy; No Suggest gave profit;
Hold IBREALEST>69.50 if in; See CAIRN>151 INDIACEM>93.50
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CAIRN See after 151 Took a fall; Recovering; Watch carefully..
DABUR Took a fall; Might recover; Watch after 292..
IBREALEST In at 69.50
Hold>69.50, SL-68
No profits at yet, but we see promise
ARVIND Going down; But watch after 292
INDIACEM See after 93.50 Choppy; Might go up now; Watch carefully..
UPL Going down; Can Recover; Watch after 598

No profits have come from our Suggests in the first hour but we are positive that
some profits will come our way today; We are hopeful with all six Suggests at this
time; However, the Nifty has lost its positive thrust and has not been able to cross
the Resistance at 7880; But 7850-level is still in possession; Position of our
Suggests will become strong if the Nifty starts to get back up towards 7880;
Be careful about false starts 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

03May(12:30) Nifty in green; Flat; 2 Suggests gave profit;
See CAIRN>150.50 DABUR>293 IBREALEST>70.30 if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN See after 150.50 Choppy, but can go up; Watch carefully..
DABUR See after 293 Can go up now; Watch carefully..
IBREALEST Out at 70.30
See again after 70.30
Has come down a bit; Can give more today
ARVIND Going down; Avoid, for now
INDIACEM In at 93.50, Out at 94.50 Going down now;
Low chances for more seen at this time
UPL Flat and steady at 588; Can jump up;
Watch this carefully..

Some more profits have come, as was expected; We are still hopeful with 4 of our
Suggests, but some help is required from the Nifty; The index has got stuck around
7850 for quite some time now; If there is no upside movement in the next hour,
profit booking might come in again to our market; Do not lower your guard;
Do not take any unnecessary risks that can take you to losses; Stay Away
if you are not sure about what to do; We do not want any losses today.

 


 

SMS-4

03May(2:30) Mkt in red; Flat; IBREALEST added profit;
Only IBREALEST>70.80 look good for LONG if upsurge
comes again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN Going down; Best to Avoid
DABUR Flat & Uncertain; Best to Avoid
IBREALEST Out at 70.80
See again after 70.80
Uncertain right now; But can give more
ARVIND Going down; Avoid
INDIACEM Going down; Avoid
UPL This has disappointed today; Avoid

Only IBREALEST has been able to add some profits after the last Update; No other
Suggest looks good for LONG at this time; The Nifty has started to fall after our
last Update and has slipped into the red; Even 7750 has been lost; From a high of
7890, a low of almost 7730 was touched; Global cues are bad as all of Europe are
in the red; Not much upside is expected from the Nifty in the last hour; Do not
take any unnecessary risks now that can push you to losses; Stay Away
if you are undecided; We will close in the red/flat today.

 


 

Please also see our Today's Performance or Details page