IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 04-May-2016


 

SUGGESTS:

 

IBREALEST

 

PETRONET

 

POWERGRID

 

ALSO SEE:

BHARTIARTL

ROLTA

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 Wednesday, 04-May-2016

SMS Pre-Market

Suggests: IBREALEST PETRONET POWERGRID;
Also See: BHARTIARTL ROLTA ZEEL;
Valid for: 04-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7780, 7820, 7850, 7880, 7920;
NIFTY Support levels are: 7730, 7700, 7660, 7630, 7580;

 


 

SMS-1

04May(10:00) Gap-down openng; Going Flat;
See PETRONET>280 BHARTIARTL>368;
Watch POWERGRID>145 ROLTA>85;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Our market opened with small losses today as negative cues from other Asian
markets and Wall Street overnight weighed on investors' sentiments; The Nifty
opened around 7720 today, down 30-points, and has been choppy at 7730
since opening; The sharp selloff yesterday from the day's high of 7890 has
resulted in a key reversal bar formation on the daily Nifty charts and it is
expected to accelerate selling pressure going forward, say experts; The level
to watch now is 7700, which, according to the gap theory, should offer strong
Support going forward; Next Support is at 7660; On the upside, we need to
cross 7890-7900 convincingly first for any further attempt to approach the
psychologically important and elusive 8000-level; Be very careful about false
starts today also; 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
PETRONET 280 275 283 290 210
BHARTIARTL 368 362 371 376 160

Also watch POWERGRID>145 and ROLTA>85 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

04May(11:00) Nifty in red; Flat; No Suggest gave profit;
BHARTIARTL Marginal; See IBREALEST>69 PETRONET>280
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
IBREALEST See after 69 Took a fall; Recovering; Watch carefully..
PETRONET See after 280 Took a fall; Might recover; Watch this..
POWERGRID Flat & Uncertain; Avoid, for now
BHARTIARTL Marginal at 368 Touched Trigger at 368; Get out Marginal if
you get a chance; Or, this will be a loss today
ROLTA Steady; Might go up; Watch carefully after 83
ZEEL Took a fall; Can Recover; Watch after 410

No profits have come from our Suggests in the first hour today, and BHARTARTL
seems to be going into a loss if you have taken entry around 369; Try to get out
Marginal with minimum loss if you get a chance; There are a few others that look
good at this time, but be very careful today; The Nifty is holding steady and
might start to go up now; That will help; 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

04May(12:30) Mkt in red; Choppy; PETRONET gave profit;
BHARTIARTL is in Loss; See IBREALEST>69 BHARTIARTL>365
if mkt turns up; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
IBREALEST See after 69 We are still hopeful here; Watch carefully..
PETRONET In at 280, Out at 282.50 Might go up again; Watch after 280..
POWERGRID Choppy & Uncertain; Avoid, for now
BHARTIARTL In at 368
Out at 365.40
This is Loss; Remote chance for making up
ROLTA Stuck at 81.50; Can flare up suddenly
ZEEL Stuck at 408; Can go up suddenly

BHARTIARTL has gone into losses today; Maybe you have made up some of the losses
with PETRONET; If not, look at IBREALEST and ROLTA now; But be very careful; The
Nifty is very Choppy and Uncertain; Global cues are not supportive as the whole
world is in the red at this time; Like yesterday, if there is no upside movement
in the next hour, or so, profit booking might come in again to our market;
Do not take any unnecessary risks that can take you to further losses;
Stay Away if you are not sure about what to do; No more losses today.

 


 

SMS-4

04May(2:30) Mkt in red; Very Choppy; PETRONET added slight
profit; PETRONET>281 ZEEL>408 still good for LONG
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
IBREALEST Going down steadily; Avoid
PETRONET In at 280, Out at 281
See again after 281
Small, small profits keep coming..
POWERGRID Going down steadily; Avoid
BHARTIARTL No development after the last Update;
This remains as a loss today
ROLTA No progress seen here; Avoid
ZEEL See after 409 There can be some chances here; Careful..

We did not get any good chance to make up the losses from BHARTIARTL after
the last Update; There is still hope, but BHARTIARTL for itself still remains as a
loss till now; Global cues contiunues as bad as all of Europe remains in the red;
There are no domestic cues; We are still fearing a profit booking fall at the end
of the day, like yesterday; Do not take any unnecessary risks now that can push
you to further losses; Stay Away if you are undecided; We will close red today.

 


 

Please also see our Today's Performance or Details page