IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 17-May-2016


 

SUGGESTS:

 

BALRAMCHIN

 

INFRATEL

 

ITC

 

ALSO SEE:

ADANIENT

IBREALEST

ICICIBANK

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 Tuesday, 17-May-2016

SMS Pre-Market

Suggests: BALRAMCHIN INFRATEL ITC;
Also See: ADANIENT IBREALEST ICICIBANK;
Valid for: 17-May-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 7880, 7920, 7950, 8000, 8030;
NIFTY Support levels are: 7820, 7780, 7730, 7700, 7670;

 


 

SMS-1

17May(10:00) Gap-up openng; Going Flat;
See ITC>334 IBREALEST>88.50;
Watch BALRAMCHIN>117.50 ADANIENT>76;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

We got a positive, gap-up opening for the Nifty today, around 7900, with
strong positive cues from the US last night and positive trading in Asian
markets, largely due to the surge in oil prices; The Nifty has been able
to get past its crucial psychological level of 7900 at the opening, and is
trading and holding position just above that level now; Exit polls released
yesterday, about the possible outcome of the assembly elections held in five
states, is also playing a part in today's trading; There is good Support at
7840-7820 range now, followed by 7780; Resistance will be in the 7920-7950
range; In the recent past, this Resistance zone has proved to be very strong;
Keep constant vigil; Do not be in a hurry to get in; Consider all angles very
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
ITC 334 328 338 342 170
IBREALEST 88.50 86 90 91 670

Also watch BALRAMCHIN>117.50 and ADANIENT>76 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

17May(11:00) Nifty in green; Flat; IBREALEST gave profit;
See INFRATEL>389 IBREALEST>89.50 ICICIBANK>226
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BALRAMCHIN Stuck at 116; Can flare up anytime..
INFRATEL See after 389 Choppy, but can go up; Watch carefully..
ITC Going down; Avoid, for now
ADANIENT Flat at 75.50; Avoid, for now
IBREALEST In at 88.50, Out at 89.50
See again after 89.50
Flat at 89 now; Can go up again..
ICICIBANK See after 226 Holding; Can go up; Watch carefully..

Small profits have come from one Suggest in the first hour, and we are hopeful
with a few others at this time; The Nifty is holding position around 7900 but there
is no momentum in its movement; As we said before, 7920 is a difficult barrier for the
Nifty to cross; We will not see any great progress for our Suggests today unless that
Resistance is crossed; There are no domestic cues; Be very careful going forward;
Watch out for false starts; 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

17May(12:30) Nifty above 7920; +ve bias; No Suggest
gave profit; Earlier 3 levels still valid: INFRATEL>389
IBREALEST>89.50 ICICIBANK>226; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BALRAMCHIN Still stuck at 116; Can still flare up..
INFRATEL See after 389 Choppy, but can still go up; Keep a Watch..
ITC Going up choppily; Watch after 333
ADANIENT Choppy & Low Volume; Avoid, for now
IBREALEST See again after 89.50 Showing tendencies to go up again..
ICICIBANK See after 226 This is also trying to go up; Watch carefully..

No further profits have come after our last Update from any of our Suggests, but
almost all our Suggests are looking good at this time as the Nifty is showing good
positive bias; 7920 has been crossed by the Nifty and now 7950 needs to be taken
out for some more good upside; Wait for Europe opening; A positive start there can
push the Nifty past 7950 today; But do not lower your guard; Be careful of false
starts; 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

17May(2:30) Mkt in green; +ve bias; 2 Suggests gave profit;
INFRATEL Marginal; IBREALEST>91 ICICIBANK>227.50
still good for more in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BALRAMCHIN Still stuck at 116; Avoid this now
INFRATEL Marginal at 389 Best to get out from this and Avoid
ITC Going nowhere; Avoid
ADANIENT Choppy & Low Volume; Avoid
IBREALEST Out at 91
See again after 91
This can give more in the last hour
ICICIBANK In at 226, Out at 227.50
See again after 227.50
Has gone down a bit, but can give more

Enough good profits have come from 2 Suggests today, and some more is
possible, specially from IBREALEST in the last hour; However, the difficulty for
the Nifty to cross over the Resistance at 7920-7950 zone continues; It is quite
possible that some downside will be triggered once 7950 is touched, as has
happened many times in the past; Be careful; It will be best to get out now and
take home your profits; Do not take any hasty decision in the last hour that
can erase your profits and take you to losses; Stay Away if you are not sure
about what to do; We will close in the green today.

 


 

Please also see our Today's Performance or Details page