IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 16-May-2016


 

SUGGESTS:

 

APOLLOTYRE

 

BERGEPAINT

 

PFC

 

ALSO SEE:

ITC

POWERGRID

SUNTV

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, 16-May-2016

SMS Pre-Market

Suggests: APOLLOTYRE BERGEPAINT PFC;
Also See: ITC POWERGRID SUNTV;
Valid for date: 16-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7840, 7880, 7920, 7950, 8000;
NIFTY Support levels are: 7780, 7730, 7700, 7670, 7630;

 


 

SMS-1

16May(10:00) Flat openng; Going Flat;
See BERGEPAINT>293.50 SUNTV>401;
Watch APOLLOTYRE>159.50 PFC>176;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

The Nifty opened flat today, around 7840, following mixed cues from other
Asian markets with a Japan +1% rally on strong US data while the rest have
gone down on bad China data; The Nifty has been able to hold on to the 7800
mark today morning and is fluctuating around the line at 7815 since opening;
The index is trading in the broad range of 7920-7670 for the last two weeks
and only if it trades above 7920 can it touch 8200 or 8350 levels; If the
index dives below 7670 then a larger correction is possible; For this week,
Wholesale inflation data and the outcome of assembly polls in five states
will be the key driving factors for our markets, along with monsoon data
and global factors; The Nifty looks a little weak at this time but there is good
Support at 7780; Resistance will be in the 7840-7880 range; 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 now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BERGEPAINT 293.50 286 291 301 200
SUNTV 401 392 405 409 140

Also watch APOLLOTYRE>159.50 and PFC>176 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

16May(11:00) Nifty in red; Flat; No Suggest gave profit;
See BERGEPAINT>293.50 SUNTV>401 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
APOLLOTYRE Going down; Avoid, for now
BERGEPAINT See after 293.50 Going up choppily; Watch carefully..
PFC Holding; Can turn up; Watch after 175
ITC Flat at 320; Can turn up; Watch after 321
POWERGRID Going down; Avoid, for now
SUNTV See after 401 Choppy, but holding; Watch carefully..

We are not very confident with our Suggests today; No profits have come in the first
hour, and we see small chances with some of them, as depicted in the box above,
but we are not very confident with them; The Nifty is still weak around 7800, and
there are no domestic cues; Be very careful going forward; There is great danger
of false starts 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

16May(12:30) Mkt in red; Going Flat; No Suggest gave profit;
None looks good for LONG at this time; Await Europe openng;
Careful today.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
APOLLOTYRE Going down; Avoid, for now
BERGEPAINT Touched Trigger at 293, but there was
no Entry possible; Going down now; Avoid
PFC Flat; Can turn up; Watch after 174
ITC Still flat at 320; Can turn up after 321
POWERGRID Going down; Avoid, for now
SUNTV Choppy; Can turn up; Watch after 398

We are still not confident with our Suggests; No profits have come after the last
Update, and no matter what is said in the box above, finding profits in our Suggests
in LONG in Intraday today will be very difficult and risky; There is great danger of false
starts today; The Nifty has lost the 7800-mark and Support at 7780 has once again
come to the rescue; Wait for Europe opening; A positive start there might pull the
Nifty up; There can then be some chance with our Suggests; Till then it will be
better to stay out and watch from the sidelines; 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.

 


 

Please also see our Today's Performance or Details page