IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 02-June-2016


 

SUGGESTS:

 

ADANIPORTS

 

BHARTIARTL

 

DLF

 

ALSO SEE:

ITC

NTPC

RECLTD

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 Thursday, 02-June-2016

SMS Pre-Market

Suggests: ADANIPORTS BHARTIARTL DLF;
Also See: ITC NTPC RECLTD;
Valid for date: 02-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

02June(10:00) Flat openng; Going Choppy;
See BHARTIARTL>366 NTPC>146;
Watch ADANIPORTS>204 DLF>134;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A flat opening for the Nifty today, at around 8170, and cautious trading has been
seen from the index immediately after the opening as global cues are uncertain and
oil prices are fluctuating; World players are waiting for European Central Bank (ECB)
and Organization of the Petroleum Exporting Countries (OPEC) meetings scheduled
for later today; At home, good GDP data did not have much impact in the market
yesterday, but the Nifty is managing to hold the 8150-level; As said before, First
task for the Nifty today will be to cross 8200 confidently, which will not be easy;
8170-8150 is the First Support; For the day, we expect range-bound trading in
the 8140-8200 region maybe with a slight negative bias; 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 the upside
continues; See these if market upsurge comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHARTIARTL 366 360 369 373 160
NTPC 146 143 148 150 410

Also watch ADANIPORTS>204 and DLF>134 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

02June(11:00) Nifty in red; Choppy; BHARTIARTL gave small
profit; See ADANIPORTS>204 BHARTIARTL>368 RECLTD>166
now if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIPORTS See after 204 Choppy, but holding; Watch carefully..
BHARTIARTL In at 366, Out at 368
See again after 368
Flat now; Can go up again; Watch carefully..
DLF Choppy & Low Volume; Avoid, for now
ITC Flat & Quiet at 354; Can flare up suddenly..
NTPC Stuck at 145; Can flare up suddenly..
RECLTD See above 166 This is choppy, but can go up..

Very small profits have come from one Suggest in the first hour, but we are hopeful
of better prospects once the Nifty goes into positive territory; The index is choppy
within the 8150-8190 range, as was expected; No sign of any negative bias that we
had feared; You need to be very careful today about false starts; Keep constant
vigil; Wait patiently; 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

02June(12:30) Mkt in red; Choppy; No Suggest gave profit;
See ADANIPORTS>204 RECLTD>166 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS See after 204 Choppy, but holding; Watch carefully..
BHARTIARTL Flat since our last Update; Can go up again;
Old levels still valid; Watch carefully..
DLF Choppy & Low Volume; Avoid, for now
ITC Flat & Quiet; Avoid, for now
NTPC Still stuck at 145; Can flare up suddenly..
RECLTD See above 166 This can still go up suddenly..

No further progress after last Update, and there has been no development with the
Nifty or the general market conditions; It will require some good trigger now for this
market to wake up; Support at 8150-8130 should hold; Wait for Europe opening;
That might give direction; As 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

02June(2:30) Mkt in green; Choppy; ADANIPORTS gave profit;
ADANIPORTS>206 BHARTIARTL>368 RECLTD>166 still good
if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS In at 204, Out at 206
See again after 206
Can give more in last hour
BHARTIARTL See after 368 There is still chance here
DLF Choppy & Low Volume; Avoid
ITC Flat & Quiet; But this can jump up sharply..
NTPC Flat & Very Risky; Avoid
RECLTD See above 166 We have not given up on this as yet..

The Nifty has given a smart upside jump and has gone into the green zone after
our last Update; From a low of 8155, the Nifty is at 8190 now, with recovery of
8200-level looking possible any time now; Global cues have turned positive with
all of Europe firmly in the green; This Nifty action is pulling up our Suggests also,
but needless to say, be very careful going forward; Do not lower your guard;
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 above 8200 today.

 


 

Please also see our Today's Performance or Details page