IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 12-May-2016


 

SUGGESTS:

 

DISHTV

 

VOLTAS

 

ZEEL

 

ALSO SEE:

AXISBANK

BALRAMCHIN

DISHMAN

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, 12-May-2016

SMS Pre-Market

Suggests: DISHTV VOLTAS ZEEL;
Also See: AXISBANK BALRAMCHIN DISHMAN;
Valid for date: 12-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7890, 7920, 7950, 8000, 8030;
NIFTY Support levels are: 7820, 7780, 7730, 7700, 7670;

 


 

SMS-1

12May(10:00) Gap-up openng; Going good;
See AXISBANK>508 DISHMAN>167.50;
Watch VOLTAS>325 ZEEL>448;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A good positive start was seen for the Nifty today, which began at around
7880, on positive domestic cues as the Rajya Sabha yesterday passed the
Insolvency and Bankruptcy Code Bill; However, Asian markets are trading
lower today morning on bad earning figures, and after drop in US indexes
overnight; In our market, Quarterly earnings of a dozen companies, to
be announced later in the day, will steer the market through the day;
Investors will also await factory output and CPI readings scheduled post
market hours; The Nifty has gone past the Resistance at 7890 right after
the opening and has also crossed the 7900-mark; Next Resistance will be
in the 7920-7950 zone; There is good Support at 7820 and then at 7780;
Keep constant vigil; Do not be in a hurry to get in; 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 again with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AXISBANK 508 500 511 513 110
DISHMAN 167.50 164 170 173 350

Also watch VOLTAS>325 and ZEEL>448 if upsurge comes again;
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

12May(11:00) Nifty in green; Flat; No Suggest gave profit;
See DISHTV>96.40 VOLTAS>325 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
DISHTV See after 96.40 This can turn up, but be careful..
VOLTAS See after 325 Hovering just below 325; Careful..
ZEEL Choppy & Uncertain; Avoid, for now
AXISBANK Going down; Avoid, for now
BALRAMCHIN Going down; Avoid, for now
DISHMAN Going down; Avoid, for now

Days like today, when the Nifty opens gap-up and continues flat and quiet holding
the gains, are bad days for Intraday Trading in LONG as we do not get any movement;
There are high chances of false starts today, and one may be happening with VOLTAS
right now; Four Suggests are going down and have no hope at this time; The Nifty
is back below 7900 and Resistance of 7890 is back in action; Be very careful
today; Do not take any unnecessary risks in haste that can take
you to losses; Stay Away if you are not sure about what to do.

 


 

SMS-3

12May(12:30) Mkt in green; Flat & Quiet; VOLTAS gave
profit; See DISHTV>96.40 VOLTAS>328.50 now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
DISHTV See after 96.40 Level still valid; Be careful..
VOLTAS In at 325, Out at 328.30
See again after 328.50
Has come down a bit; Can go up again
ZEEL Choppy & Uncertain; But watch after 446
AXISBANK Flat & Uncertain; Avoid, for now
BALRAMCHIN This is also very flat; But can flare up..
DISHMAN Scrappy & Low Volume; Avoid, for now

Some small profits have come from VOLTAS following the levels we gave in the last
Update; And that is it, for now, as the Nifty is not improving and has not been able
to cross 7900; Resistance at 7890 is acting strong; It will be best to stay in the
sidelines now and wait for some action; Do not get in unless you are sure of
some sustained upside in the scrip you are following; Do not take any undue
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

12May(2:30) Nifty Choppy; No Suggest gave profit;
DISHTV ZEEL Marginal; BALRAMCHIN>116 looks good
for LONG if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
DISHTV Marginal at 96.40 Best to get out Marginal, although there
is still chance for some profits here
VOLTAS No developments after last Update;
Stuck at 326; Best to Avoid in last hour
ZEEL Marginal at 446 Best to get out Marginal, and to
Avoid this now in the last hour
AXISBANK Going down; Avoid
BALRAMCHIN See above 116 This can flare up..
DISHMAN Scrappy & Low Volume; Avoid

The Nifty had gone down to the line at 7850 after our last Update, and Europe has
again come to the rescue with a positive opening; The index has now come back to
7900 level; Our Suggest have, however, given us the scare as two of them have
given false starts; It is best to get out from both and even avoid BALRAMCHIN
now in the last hour, unless the Nifty goes over 7900 confidently; Be careful
now; Do not take any hasty decision in the last hour that can take you
to losses; Protect your profits; We will close in the green today.

 


 

Please also see our Today's Performance or Details page