IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 23-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 Monday, 23-May-2016

SMS Pre-Market

Valid for date: 23-May-2016; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 7780, 7820, 7860, 7890, 7920;
NIFTY Support levels are: 7730, 7700, 7670, 7630, 7580;




23May(10:00) Gap-up openng; Choppy;
Watch HDIL>95.50 ITC>350;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A good gap-up opening was seen in our markets today, with the Nifty opening above
the 7800-mark, but the index has come under some selling pressure immediately
after that; It is at 7770-level now, still in the green; Markets have started the
week on a positive note, mirroring strength in the Asian equities following a firm
finish at the Wall Street on Friday; Going ahead, volatility is to be seen as this
is F&O Expiry week; Last batch of 4th Qr results, progress of monsoon, trend in
global markets, foreign institutional investor stance and movement of rupee and
crude oil will dictate trend this week; For the Nifty today, we expect range-bound
trading largely in the 7750-7800 band unless we get some external trigger that can
push the market either up or down; There is strong Support at 7780-7750 with more
Support at 7730; On the upside, 7800-7820 will be the first Resistance; 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
to buy
ADANIPORTS 182.50 178 185 187 320
VOLTAS 334 328 337 339 170

Also watch HDIL>95.50 and ITC>350 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.




23May(11:00) Nifty in green; Slight -ve bias; No Suggest
gave profit; See ADANIPORTS>182 VOLTAS>334 now
if mkt turns up; Careful today.. See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIPORTS See above 182 Holding at 181; Be very careful..
HDIL Took a fall; Recovering; Watch after 94
VOLTAS See above 334 Holding at 332; Can go up; Careful..
CANBK Going down Choppily; Avoid, for now
HAVELLS Very Choppy, but can go up; Watch after 368
ITC Going down; Can recover; Watch after 344

No profits have come from any of our Suggests in the first hour, but we are definitely
hopeful with almost all of them if the Nifty starts to climb up; The index is still around
7700; As we said before, some trigger is now required by our market to get upward
or downward direction; Be very careful about false starts now; 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.




23May(12:30) Mkt in green; Going Flat; No Suggest gave profit;
See ADANIPORTS>182 HDIL>94 now if mkt turns up;
Await Europe openng; Careful.. See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS See above 182 Still hopeful; Be careful..
HDIL See above 94 Holding at 93.50; Be careful..
VOLTAS Uncertain; Avoid, for now
CANBK Still going down; Avoid, for now
HAVELLS Very Choppy; Looks Risky; Avoid, for now
ITC Holding at 342; Can recover; Watch after 344

The going has not been good for our Suggests till now, and you should be prepared to
go profit-less today; The Nifty has developed a distinct negative bias; It is around
7760 now, still in the green; But it is approaching the line and might slip below it;
Europe opening might give direction to our market; There are no domestic cues;
It will be best to Stay Away from this market now and wait in the sidelines;
Step in only if the situation improves; Lookout for 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.




23May(2:30) Mkt in green; +ve bias; 2 Suggests gave profit;
HDIL>95 CANBK>184 ITC>350 looks good for more
if upsurge holds in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Marginal at 182 Best to get out Marginal now;
Not much upside expected in last hour
HDIL In at 94, Out at 95
See again after 95
Going down now; Do not hold
Come in again only if 95 is crossed
VOLTAS Uncertain; Avoid
CANBK See after 184 There is upward movement; Careful..
HAVELLS Very Choppy; Risky; Avoid
ITC In at 344, Out at 349.50
See again after 350
This can give more in last hour

The upside movement of the Nifty from below the line after our last Update has given
opportunity to 2 of our Suggests; The upside Nifty movement seems to have stopped,
but there is still hope for ITC to give more profits in the last hour; You have to be
very careful with ITC if you are still in, as it is going against the flow; 7800 has again
proved to be good Resistance and has stopped the Nifty from further progress; That
level will be difficult to cross today; Similarly, 7730 has been holding and is also
expected to hold for the day; Do not take any hasty decision in the last hour that
can take you to losses; Stay Away if you are not sure about what to do;
The Nifty is expected close flat around the line today but a closing
above 7750 will be good for tomorrow.



Please also see our Today's Performance or Details page