IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 30-May-2016


 

SUGGESTS:

 

ASHOKLEY

 

SBIN

 

SINTEX

 

ALSO SEE:

AMBUJACEM

IBREALEST

TATASTEEL

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, 30-May-2016

SMS Pre-Market

Suggests: ASHOKLEY SBIN SINTEX;
Also See: AMBUJACEM IBREALEST TATASTEEL;
Valid for: 30-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8190, 8210, 8260, 8290, 8310;
NIFTY Support levels are: 8130, 8100, 8060, 8030, 8000;

 


 

SMS-1

30May(10:00) Flat openng; Range bound;
See SBIN>198 SINTEX>81.30;
Watch IBREALEST>104 TATASTEEL>333;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 8170, but the positivity of the
last few days have continued in our markets today also; A high of almost 8200
has been touched by the Nifty before getting into range bound trading in the
8150-8200 zone; Markets have opened the session on a positive note mirroring
strength in Asian equities; Earlier, US Fed Chair Jennet Yellen sounded hawkish
over the weekend, which lifted the US equity indices; At home, last batch of
corporate results, monsoon advancement, and macro economic data will dictate
the street movement this week; Auto stocks will remain in focus as the companies
unveil the monthly sales data for the month of May; Also, purchasing managers'
index (PMI) data for services and manufacturing sectors are scheduled for this
week, which will have some bearing on trading; In any case, crossing the 8200
mark for the Nifty will be a difficult task; 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
SBIN 198 194 200 203 300
SINTEX 81.30 79.50 82.50 84 730

Also watch IBREALEST>104 and TATASTEEL>333 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

30May(11:00) Nifty choppy; On line; No Suggest gave profit;
See SBIN>198 IBREALEST>103.50 TATASTEEL>329 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY Choppy & Uncertain; Avoid, for now
SBIN See above 198 Going up now; Watch carefully..
SINTEX Took a fall; Can recover; Watch after 80.70
AMBUJACEM Choppy & Uncertain; But watch after 232
IBREALEST See above 103.50 Took a fall; Recovering; Watch carefully..
TATASTEEL See above 329 This also took a fall; Recovering; Careful..

No profits have come from any of our Suggests in the first hour, and the outlook
is not very good at present; The Nifty is quiet in the green; There is no hurry
seen in the Nifty to either go up or down; We need some direction from here
for our Suggests to give profits today; You have to be extra careful about
false starts on days like this; Keep constant vigil; Do not take anything
for granted; 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

30May(12:30) Nifty flat above line; SBIN gave small profit;
Hold SBIN>199 if in; See IBREALEST>103 if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Choppy & Uncertain; But watch after 107
SBIN In at 198, Out at 199
Hold>199, SL-195
Can go up further; Watch carefully..
SINTEX Stuck just below 80; Can flare up..
AMBUJACEM Choppy & Uncertain; Avoid, for now
IBREALEST See above 103 Stuck at 102 now; Can flare up..
TATASTEEL Took another fall; Can recover..

Small profits have come from one Suggests and, as the box above will tell you,
we are hopeful with almost all our Suggests at this time, provided the Nifty starts to
climb up from here; The index is actually doing well to hold the opening advantage
above the 8160 level; There will definitely be an attempt towards 8200 today, we
feel, and our Suggests will then reap benefits; Europe is also expected to open
good, and this should help; However, be careful of a sudden profit-booking fall
that can come anytime at such levels; As said before, be 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

30May(2:30) Mkt in green; Flat; 2 Suggests gave profit;
SBIN>200.50 SINTEX>84 still good for LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Choppy & Uncertain; Avoid, for the day
SBIN Out at 200.50
See again after 200.50
Can give more in last hour; Watch carefully..
SINTEX In at 81, Out at 84
See again after 84
There was a good flare-up, as was
expected; Can give more in the last hour
AMBUJACEM Choppy & Uncertain; Avoid for the day
IBREALEST No flare-up here;
Going down now; Avoid for the day
TATASTEEL Going down; Avoid for the day

Good profits have come from 2 of our Suggests and we look forward to some
more if the expected upside comes from the Nifty; The index has remained quiet
and range-bound in the 8160-8190 zone throughout the day today; As before,
Nifty is doing well to hold on to the gains; An attempt towards 8200 can still
happen, but global cues are not supportive; And there are no domestic good
news; 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 above 8160 today, in the green.

 


 

Please also see our Today's Performance or Details page