IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 01-June-2016


 

SUGGESTS:

 

CANBK

 

EXIDEIND

 

TATAMTRDVR

 

ALSO SEE:

ADANIPORTS

CAIRN

HINDALCO

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 Wednesday, 01-June-2016

SMS Pre-Market

Suggests: CANBK EXIDEIND TATAMTRDVR;
Also See: ADANIPORTS CAIRN HINDALCO;
Valid for 01-June-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8210, 8260, 8290, 8310, 8350;
NIFTY Support levels are: 8130, 8110, 8060, 8030, 8000;

 


 

SMS-1

01June(10:00) Good openng; +ve bias;
See CAIRN>147 HINDALCO>106;
Watch CANBK>208 EXIDEIND>164;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Small gap-up opening for the Nifty today also, at around 8180, and the index
has once again shown positive bias immediately after the opening to cross over
the psychologically important level of 8200; Global cues are not very supportive as
oil prices are fluctuating again; However, we had very good GDP data yesterday
after market hours, that should have some positive effect in trading today; First
task for the Nifty today will be to cross 8200 confidently, which will not be easy,
as we have seen many times before; Once this is done, next step till 8260 should
be easy; The 8170-8150 zone will act as First Support; Keep constant vigil; Do not
be in a hurry to get in; Consider all angles 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
CAIRN 147 143 149 152 400
HINDALCO 106 103 108 109 560

Also watch CANBK>208 and EXIDEIND>164 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

01June(11:00) Nifty in green; Slight +ve bias; No Suggest gave
profit; See EXIDEIND>163 CAIRN>146.50 HINDALCO>106
if mkt upturn holds; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CANBK Going down; Avoid, for now
EXIDEIND See after 163 Took a fall; Can recover; Watch carefully..
TATAMTRDVR Flat & Quiet at 312; Can flare up suddenly..
ADANIPORTS Flat & Quiet at 198; Can flare up suddenly..
CAIRN See above 146.50 Choppy, but holding; Watch carefully..
HINDALCO See above 106 This is showing positive signs..

The first hour has not produced any results for our Suggests, although the Nifty
has shown a constant positive bias; 8200-level is on the verge of collapse, but
not yet crossed technically; We are hopeful with several of our Suggests at this
time, but you need to be very careful today as the Suggests are NOT following
the general trend; Keep constant vigil; Lookout for false starts; 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

01June(12:30) Mkt in green; Choppy; ADANIPORTS gave profit;
See TATAMTRDVR>313 ADANIPORTS>202 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
CANBK Going down; But watch after 204
EXIDEIND Going down; Low Volume; Avoid, for now
TATAMTRDVR See after 313 Still Flat & Quiet at 312; Can flare up..
ADANIPORTS In at 199, Out at 202
See again after 202
Taken a pause; Can go up further
CAIRN Scrappy and looks Risky; Avoid, for now
HINDALCO Going down; Avoid, for now

Adequate profits have come from ADANIPORTS and there is hope for more here and
from two others; Problem is, the Nifty has lost the positive bias and has started to
fall after our last Update; At 8175 now, down from 8215; 8200-level has been lost
again; But Support at 8170-8150 should hold, and the Nifty should bounce back
from there, we feel; Our Suggests will fare better in that case; 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

01June(2:30) Nifty holding around 8200; ADANIPORTS added
profit; Only ADANIPORTS can add more; No other Suggest
looks good in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CANBK Going down; Avoid
EXIDEIND Going down; Low Volume; Avoid
TATAMTRDVR Going down; Avoid
ADANIPORTS Out at 203
See again after 203
Flat now; Can give more in last hour
CAIRN Scrappy and Risky; Avoid
HINDALCO Going down; Avoid

ADANIPORTS has been the saviour today, and that is the only one that looks good
for more in the last hour; We have said 'Avoid' for the others; Yesterday, situation
was similar and we missed a great chance with SBIN; But we do not see any such
chances today; The Nifty is not expected to do anything great in the last hour;
Global cues are still negative and there are no domestic cues; But we still feel
that the Nifty will jump above the 8200-mark 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 green around 8200 today.

 


 

Please also see our Today's Performance or Details page