IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 27-May-2016


 

SUGGESTS:

 

BHEL

 

ITC

 

SBIN

 

ALSO SEE:

DABUR

DLF

INDIACEM

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 Friday, 27-May-2016

SMS Pre-Market

Suggests: BHEL ITC SBIN;
Also See: DABUR DLF INDIACEM;
Valid for date: 27-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8100, 8140, 8190, 8210, 8260;
NIFTY Support levels are: 8030, 8000, 7950, 7920, 7890;

 


 

SMS-1

27May(10:00) Flat openng; Going good;
See BHEL>130 SBIN>189.50;
Watch DLF>131 INDIACEM>95.30;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

There was a flat opening for the Nifty today, at around 8080, but the positive bias
of the last few days have continued in our markets today; 8100-mark has been
crossed by the Nifty and the index is on its way to capture the next one at 8140;
But before that, the Resistance zone starts from 8120 and we expect the Nifty to
take a pause in the 8120-8140 zone before going forward next week; Globally also,
the positivity of the last few days are present and Asian markets are poised for
weekly and monthly gains after US data and Dollar consolidation; At home, at the
F&O Expiry yesterday, we saw Nifty futures rollovers at 80%, higher than the average
rollovers of 77% seen in the past three F&O series; Overall, market-wide rollovers
stood at 73%, which were higher than the average rollover of 68% seen in the past
three series; These are good signs; Rise in crude oil prices, expectation of above
normal monsoon and better than expected corporate results this quarter have
boosted sentiments; But the Nifty will take some time to cross the Resistance at
8140, we feel; 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
BHEL 130 127 132 135 460
SBIN 189.50 186 192 195 310

Also watch DLF>131 and INDIACEM>95.30 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

27May(11:00) Nifty in green; Flat at 8130; BHEL gave small
profit; See BHEL>131 SBIN>189.50 DABUR>298 now
if mkt turns up again; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BHEL In at 130, Out at 131
See again after 131
Can go up further; Watch carefully..
ITC Going down; Avoid, for now
SBIN See above 189.50 Can go up now from 188; Watch carefully..
DABUR See above 298 Choppy, but slightly positive; Watch this..
DLF Flat & Uncertain; But watch after 131
INDIACEM Quiet, but Uncertain; Avoid, for now

The first hour has produced small profits from one Suggest, and we are hopeful
with several others now, if the Nifty keeps going like now; As we had expected,
the Resistance at 8140 has halted the Nifty, but we do not see it holding much
longer; We feel the Nifty will cross over 8140 by afternoon and proceed towards
the next level at 8190; Unless we get any wrong trigger; Keep constant vigil;
Do not take anything for granted; Be very careful about false starts even
today; Do not take any undue risks in haste that can take you
to losses; Stay Away if you are not sure about what to do.

 


 

SMS-3

27May(12:30) Nifty below 8140; Going Flat; BHEL added profit;
DABUR Marginal; See BHEL>132 ITC>361 now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BHEL Out at 132
See again after 132
Flat at 130.50; Can give a 2nd chance
ITC See above 361 Stuck at 359; Can flare up..
SBIN Took a fall till 184; Recovering, but
Avoid, for now
DABUR In at 298
Marginal till now
Choppy, but positive; Watch this..
DLF Going down; Avoid, for now
INDIACEM Going down; Avoid, for now

There are 3 Suggests that look good for LONG at this time; The Nifty has not
been able to cross 8140 as yet, but it should happen anytime now; Unless we
get any wrong trigger; Europe opening is uncertain; Our markets will get a boost
if Europe does well after opening; As we said before, be very careful about false
starts; Keep constant vigil; Get in only if you are confident about sustained
upside; 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

27May(2:30) Mkt in green; +ve bias; DABUR gave profit;
ITC Marginal; Only DABUR>301 looks good for more in
LONG if upsurge again in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BHEL No 2nd chance after last Update; Has taken
a fall; Best to Avoid now in last hour
ITC Marginal at 361 Best to get out and Avoid this in last hour
SBIN Choppy; Uncertain; Risky; Avoid
DABUR In at 298; Out at 300.80
See again after 301
There is some small chance for more here
DLF Took a fall; Recovering, but Avoid
INDIACEM Going down; Avoid

Today also, our Suggests have not been able to extract anything great from intraday
trading in our markets, although the Nifty has maintained positive bias through the
day; 8140 has not been crossed, technically, but a position just over that mark is
being held by the index; Europe is trading mixed, with key markets in red; There
are no domestic cues; Do not take any rash decision in the last hour that can
take you to losses; Protect your profits; Stay Away if you are not sure about
what to do; We expect the Nifty to close around 8150 today, in the green.

 


 

Please also see our Today's Performance or Details page