IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 31-May-2016


 

SUGGESTS:

 

CAIRN

 

HINDALCO

 

TATAMOTORS

 

ALSO SEE:

EXIDEIND

PETRONET

SBIN

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, 31-May-2016

SMS Pre-Market

Suggests: CAIRN HINDALCO TATAMOTORS;
Also See: EXIDEIND PETRONET SBIN;
Valid for: 31-May-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8200, 8260, 8290, 8310, 8350;
NIFTY Support levels are: 8150, 8110, 8060, 8030, 8000;

 


 

SMS-1

31May(10:00) Gap-up openng; Choppy;
See HINDALCO>105 PETRONET>277;
Watch TATAMOTORS>453 SBIN>199;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Small gap-up opening for the Nifty today, at around 8200, and range-bound
trading is back in our market, continuing yesterday's trend; However, it seems
that the level has been increased to 8200, with 8180-8210 as the range, which
is a positive; Global markets are mixed with most Asian markets set to close the
month on losses; At home, GDP data for the March quarter and fiscal deficit data
for the month of March will be out later today; These can affect the trend; For the
Nifty today, 8200-mark will need to be crossed confidently for further upside till
8260; The region around 8170-8150 will act as First Support; As we said before,
going over 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
HINDALCO 105 102 107 109 570
PETRONET 277 273 279 281 210

Also watch TATAMOTORS>453 and SBIN>199 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

31May(11:30) Nifty in red; Flat around 8160; HINDALCO gave
small profit; See HINDALCO>106.50 TATAMOTORS>453
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:30am

Suggest Action -- for LONG Comments
CAIRN Low Volume & Uncertain; Avoid, for now
HINDALCO In at 105, Out at 106.40
See again after 106.50
Going up slowly; This can give more today
TATAMOTORS See above 453 Took a fall; Can recover; Watch carefully..
EXIDEIND Choppy & Low Volume; Avoid, for now
PETRONET Flat & Quiet at 275; Can flare up suddenly..
SBIN Just touched Trigger at 199; No Entry was
possible; But there is still scope here..

Some profits have come from one of our Suggests in the first hour, but the future
looks uncertain from here; Except for HINDALCO there is no certainty now, but some
others might contribute later in the day; The Nifty has taken a fall and has gone into
the red; It is trading quiet in a tight range around 8160; As we said before, we need
some direction - up or down - for our Suggests to give good profits; 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

31May(12:30) Mkt in red; Going Flat; 2 Suggests gave profit;
TATAMOTORS Marginal; See HINDALCO>107.30 EXIDEIND>163.50
if mkt turns up; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CAIRN Going up now; Watch after 145
HINDALCO Out at 107
See again after 107
Still going up; This can give more today
TATAMOTORS In at 453, Out at 454.70;
Marginal till now
Going up slowly; But best to Exit
now and re-enter after 455 is crossed
EXIDEIND In at 162, Out at 163.30
See again after 163.50
These profits have come following our
PricePoints; There can be more here today
PETRONET Flat & Quiet at 275; Avoid, for now
SBIN Choppy & Uncertain; Avoid, for now

Some more profits have come and the situation will improve if the Nifty can cross
over the line into the green; Looks possible now; We should see another attempt
at 8200 by the Nifty today; 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

31May(2:30) Mkt in red; -ve bias; 3 Suggests added profit;
TATAMOTORS Marginal; None looks good for LONG now
in last hour; Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CAIRN In at 145, Out at 147.30 There is still chance here in last hour
HINDALCO Out at 107.60 Has taken a fall; Best to Avoid
TATAMOTORS Marginal at 453 Confirmed as Marginal; Avoid now
EXIDEIND Out at 163.70 There can be more in the last hour
PETRONET Going down; Avoid
SBIN Choppy & Uncertain; Avoid

Adequate profits have come from our Suggests today and it is time now to Stay Away
and protect your profits; Unless, of course, you get a very good chance; The Nifty
has started to go down after our last Update and a low of almost 8130 has been
touched; Support at 8150 is still active, technically, and we still feel that the
Nifty will jump back towards the line and 8200 before closing; 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 in the red/flat around 8180 today.

 


 

Please also see our Today's Performance or Details page