IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 09-May-2016


 

SUGGESTS:

 

AMBUJACEM

 

IBREALEST

 

VOLTAS

 

ALSO SEE:

BHEL

SBIN

TVSMOTOR

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, 09-May-2016

SMS Pre-Market

Suggests: AMBUJACEM IBREALEST VOLTAS;
Also See: BHEL SBIN TVSMOTOR;
Valid for date: 09-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7750, 7780, 7820, 7850, 7880;
NIFTY Support levels are: 7700, 7660, 7630, 7580, 7520;

 


 

SMS-1

09May(10:00) Gap-up openng; +ve bias;
See IBREALEST>78.30 VOLTAS>312;
Watch AMBUJACEM>222 TVSMOTOR>304;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

There was a small gap-up opening for the Nifty today, around 7760, immediately
after which we saw a smart upward surge in the Nifty that has taken it past the
nagging strong Resistance of 7780 and also past the psychologically important
level of 7800; There will be Resistance now in the 7820-7850 range and the
Nifty will find Support at 7740; There is strong Support now at 7700-7680;
Globally, Asian stocks are weaker after soft US jobs and China trade data; Oil
prices are on the way up and has crossed the USD45 mark; At home, there are
no immediate cues except company results, which are in recovery path; Robust
trading by the Nifty today and some consolidation is expected above the 7800
level; A serious attempt will be made to cross the Resistance at 7820-7850
later in the day; Keep constant vigil; Do not be in a hurry to get into a
trade; Consider all angles carefully before you decide to take entry;
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 78.30 76 79.50 81 760
VOLTAS 312 305 315 320 190

Also watch AMBUJACEM>222 and TVSMOTOR>304 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

09May(11:00) Nifty in green; +ve bias; IBREALEST gave profit;
See AMBUJACEM>222 VOLTAS>311 now if mkt upturn holds;
Watch others; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
AMBUJACEM See after 222 Going choppy now; But this can turn up..
IBREALEST In at 78.30, Out at 79.30 Has taken a fall; But watch again after 79
VOLTAS See after 311 Going up slowly; Watch carefully..
BHEL Choppy & Uncertain; But watch after 128.50
SBIN This is also Uncertain; But watch after 187.50
TVSMOTOR Going down; Avoid, for now

Some small profits have already come in the first hour, and we are hopeful with
all our Suggests, except the last one, at this time; The Nifty is also doing a
fantastic job; It is at 7840 now, deep in the green, trying to get past the stern
Resistance at 7850; We expect the Nifty to consolidate some at the 7850 range,
so be careful going forward; Be careful about false starts; Look at all possible
angles 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.

 


 

SMS-3

09May(12:30) Mkt in green; Going Flat; No Suggest gave profit;
Hold IBREALEST>79.30 if in; See VOLTAS>311 SBIN>187.50
now if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
AMBUJACEM Uncertain; Looks Risky; Avoid, for now
IBREALEST In again at 79;
Hold>79.30, SL-78
Holding steady, but be careful..
VOLTAS See after 311 Still going up very slowly; Careful..
BHEL Going down; Avoid, for now
SBIN See after 187.50 Very Choppy, but going up; Careful..
TVSMOTOR Choppy & Uncertain; Avoid, for now

Not much progress has been made after our last Update and you should not have
much hope with IBREALEST at this time; It will be best to get out now and come
back after 79.30 if it gets up back there; The Nifty has levelled out as expected,
and has not been able to cross over 7850; But Europe is expected to open good
and there are no domestic surprises; As we had said earlier, we expect the
Nifty to cross 7850 later today; 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

09May(2:30) Mkt in green; +ve bias; SBIN gave small profit;
VOLTAS Marginal; BHEL128 SBIN>188.50 good for LONG
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
AMBUJACEM Choppy & Uncertain; Looks Risky; Avoid
IBREALEST Out at 79.30 No further improvement after last Update;
Best to Avoid this now
VOLTAS Marginal at 311 Best to get out and Avoid this now
BHEL See after 128 There is slim chances for profits here
SBIN In at 187.50, Out at 188.50
See again after 188.50
Has flattened out, but can go up; Careful..
TVSMOTOR Choppy & Uncertain; But watch after 303

None of our Suggests have been able to take proper advantage of the steady rise in
the market today; We do not have any run-away profit maker, as can be expected
in such days; Only hope is with SBIN now, but it has started rather late and has
flattened out at 188.50; Be very careful in this last hour; This is not our day;
Protect your profits, if you have made any; Go profit-less if you have to, but
do not take any hasty decision in the last hour that can take you to losses;
It is better to Stay Away now unless you get a very good opportunity;
We will close in the green today.

 


 

Please also see our Today's Performance or Details page