IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 24-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 Tuesday, 24-May-2016

SMS Pre-Market

Valid for date: 24-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: 7700, 7670, 7630, 7580, 7520;




24May(10:00) Gap-up openng; Going Flat;
See ITC>352 DABUR>290;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A flat opening for the Nifty today, around the line at 7730, and some flat
trading was seen immediately after the opening; But the index is likely to
develop some upside bias in the course of the day and 7750 will be covered,
we feel; Global cues are not supportive as of now, as Asia is all in the red;
There are no domestic cues; As before, 7730-7700 is good Support zone,
and should hold for now; On the upside, 7780 is the first strong Resistance,
followed by 7800-7820; Like in the last few days, range-bound trading is
largely expected before the Expiry; 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
ITC 352 348 355 358 170
DABUR 290 286 293 295 200

Also watch ADANIPORTS>181 and POWERGRID>149.50 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.




24May(11:00) Nifty Flat on line; No Suggest gave profit;
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIPORTS See above 181 Holding at 179; Be very careful..
ITC Stuck at 350; Can flare up
POWERGRID Going down; Avoid, for now
DABUR See above 289 Holding at 288; Watch carefully..
HDIL Very Choppy; Avoid, for now
KTKBANK See above 122.50 This is also holding; Watch carefully..

None of our Suggests are actually looking good after the first hour today; Maybe
because the Nifty is so flat and direction-less; But there is still time; Do not
lose hope; We will surely get some trigger that will give our market upward or
downward direction; Wait for your chance; 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.




24May(12:30) Nifty Choppy around line; No Suggest gave
profit; See HDIL>94 KTKBANK>121.50 now if mkt turns up;
Await Europe openng; Careful.. See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Still holding at 179; Keep a watch..
ITC Still stuck at 350; Can flare up, but looking
risky now; Best to Avoid for the time being
POWERGRID Stuck at 147; Looks Risky; But keep a watch..
DABUR Very Choppy; Avoid, for now
HDIL See above 181 Has turned around; Can give profits now..
KTKBANK See above 122.50 This can turn around; Watch carefully..

Be prepared to go profit-less today; The upside in the Nifty that we had expected
in the morning, never came; While there is still time, we do not foresee any run-
away upside in our markets now; A solid trigger is required for that to happen;
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.




24May(2:30) Nifty Choppy around line; No Suggest gave profit;
None looks good for LONG at this time; Best to Stay Away
now in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Choppy around 179; Risky; Avoid
ITC Took a fall; Might recover; Best to Avoid
POWERGRID Has come out from 147; Keep a watch..
DABUR Took a fall; Recovering; But best to Avoid
HDIL Just touched Trigger at 94; No Entry was
possible; But keep a watch in the last hour
KTKBANK This can turn still around in last hour..

We are prepared to go profit-less today, unless we get a very good chance; The Nifty
had gone up somewhat after our last Update, from a low of 7715 to about 7755, but
the upside did not last; The index is back at the line at 7730 now; We do not foresee
any run-away upside in our markets in the last hour, but 7750 may be covered, as we
expected in the morning; Be very careful with our Suggests at this time; Step in only
if you get a very good opportunity; 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 will close flat, or slightly in the green today.



Please also see our Today's Performance or Details page