IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 05-May-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 Thursday, 05-May-2016

SMS Pre-Market

Valid for date: 05-May-2016; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7740, 7780, 7820, 7850, 7880;
NIFTY Support levels are: 7660, 7630, 7580, 7520, 7480;




05May(10:00) Flat openng; Choppy;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

Yesterday's slight negative bias at the closing has been neutralised by the
Nifty today morning with a small gap-up opening, around 7730; But choppy
and uncertain trading continues in our market with Nifty fluctuating in the
7720-7740 zone, in the green; Global cues remain bad as US had closed
with losses last night and almost all Asian markets are in the red at this
time as China's service sector figures have come in below expectations;
For the Nifty today, crucial Support level of 7750 will act as a Resistance
and needs to be covered first for any meaningful upside; The Hammer
pattern on the Nifty daily charts shows market might bounce back, but
after 7780 is crossed; The level of 7700 is strong Support according to
gap theory; Next Support is at 7660; Be very careful about false starts
in uncertain market; 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
to buy
BALRAMCHIN 113 109 115 118 530
PETRONET 283.50 279 286 289 210

Also watch HAVELLS>336 and TVSMOTOR>292 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.




05May(11:00) Nifty in green; Range-Bound; BALRAMCHIN gave
small profit; See BALRAMCHIN>114 TVSMOTOR>292
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
BALRAMCHIN In at 113, Out at 113.80
See again after 114
Going down now; But can turn up again..
FRL Choppy & Uncertain; Avoid, for now
PETRONET This is also Uncertain; But watch after 282
HAVELLS Holding at 335; Watch after 336; Careful..
IDEA Going down sharply; Avoid, for now
TVSMOTOR See after 292 Holding at 290; Watch this..

One small profit has come in the first hour today, and we are hopeful about
four of our Suggests at this time; The Nifty is direction less and very choppy;
Some clarity is required; Be very careful 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 what to do.




05May(12:30) Mkt in green; +ve bias; TVSMOTOR gave small
profit; See FRL>148 HAVELLS>336 TVSMOTOR>294 if mkt
turns up; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
BALRAMCHIN No further progress after last Update;
Going flat now; Watch after 113; Careful..
FRL See after 148 Going up slowly; Watch carefully..
PETRONET Going down sharply; Avoid, for now
HAVELLS See after 336 Going up slowly; Watch carefully..
IDEA Still going down; But might turn up now
TVSMOTOR In at 292, Out at 294
See again after 294
Going up; This can give more today..

Some more profits have come after our last Update, and we are hopeful
with a few at this time if the Nifty can maintain a slight positive bias; It has to
cross 7750 first and go towards 7780, which is strong Resistance; There is
good chance that Europe might open good; But do not lower your guard;
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 losses today.




05May(2:30) Nifty in green; +ve bias; TVSMOTOR added
profit; No Entry for HAVELLS; IDEA>115 TVSMOTOR>298
still good for LONG in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
BALRAMCHIN Flat; But can give another last chance
FRL Uncertain & Low Volume; Avoid
PETRONET This can also give a last chance
HAVELLS Briefly crossed Trigger at 336; No Entry was
actually possible; Going down now; Avoid
IDEA See above 115 Has started to go up; Watch carefully..
TVSMOTOR Out at 298
See again after 298
Has flattened out; Can give a last chance

As you can see from the box above, we are still hopeful about four Suggests
in the last hour, but that has been prompted obviously by the progress of the
Nifty; 7750 has been crossed confidently and one attempt at 7780 has been
made; Our Suggests will do good in the last hour if Nifty can cross over 7780;
Global cues are steady with Europe in green; There are no domestic cues; We
expect some more upside from the Nifty before close today; Do not take any
unnecessary risks now that can push you to losses; Stay Away if you are
undecided; We will close in the green today.



Please also see our Today's Performance or Details page