IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 03-June-2016


 

SUGGESTS:

 

ADANIPORTS

 

CROMPGREAV

 

DABUR

 

ALSO SEE:

BHEL

SUNTV

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 Friday, 03-June-2016

SMS Pre-Market

Suggests: ADANIPORTS CROMPGREAV DABUR;
Also See: BHEL SUNTV TATASTEEL;
Valid for: 03-June-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8260, 8290, 8310, 8350, 8380;
NIFTY Support levels are: 8170, 8130, 8110, 8060, 8030;

 


 

SMS-1

03June(10:00) Gap-up openng; Going Flat;
See DABUR>302 TATASTEEL>348;
Watch ADANIPORTS>206 CROMPGREAV>76;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A strong opening for the Nifty today, around the psychological mark of 8250, and
positive trading has been seen from the index immediately after the opening as global
cues are now positive; US markets had closed positive last night and almost all of Asia
are in the green at this time expecting good US jobs data; Saudi Arabia has promised
yesterday not to flood the oil market with extra barrels even as OPEC failed to agree
on output policy, with Iran insisting on the right to raise production steeply; At home,
analysts said hopes of above normal monsoon and better than-expected Q4 results
boosted sentiment; Nifty is likely to scale towards 8400 in June series suggest options
data; However, market volatility is likely to increase in the coming days as important
domestic and global events are scheduled, that includes RBI credit policy meeting and
US Federal Reserve meeting; Meanwhile, the Nifty is holding 8250-level and trading
in a narrow range around that level; The Resistance at 8260 is being negotiated now,
and the next one at 8290 will be approached later in the day, we feel; Support will
be found at 8200 and 8160; 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
DABUR 302 297 305 308 190
TATASTEEL 348 343 351 355 170

Also watch ADANIPORTS>206 and CROMPGREAV>76 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

03June(11:00) Nifty in green; Slight -ve bias; DABUR gave
profit; Only DABUR>305 looks good for profits in LONG
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIPORTS Going down; Avoid, for now
CROMPGREAV Flat now; Can go up; Avoid, for now
DABUR In at 302, Out at 305
See again after 305
This can give more today
BHEL Going down; Can go up; Watch after 120
SUNTV Going down; Avoid, for now
TATASTEEL Going down; Can go up; Watch after 345

Small profits have come from one Suggest in the first hour, but no other really
looks good for profits in LONG at this time, unless the Nifty starts to go up
again; A slight negative bias has come into the Nifty after our last Update taking
the index down to 8235 from about 8265; However, we do not see much downside in
the Nifty now, and flat range-bound trading should return; Be careful about false
starts, as always; 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

03June(12:30) Nifty in green; Flat; No Suggest gave profit;
See DABUR>305 TATASTEEL>345 now if mkt turns up;
Await Europe openng; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIPORTS Levelled out; Can turn up; Watch after 205
CROMPGREAV Same here; Can turn up; Watch after 73.50
DABUR See again after 305 No progress after the last Update;
This can still give more today
BHEL Flat now; Can go up; Watch after 120
SUNTV Going down; Avoid, for now
TATASTEEL See after 345 Going flat; Can go up; Watch carefully..

No further developments after our last Update, but we are not losing hope; We still
feel that the Nifty will give some upside above 8250 and pull our Suggests up with
it; Wait for Europe opening; That might give direction, like yesterday; As 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

03June(2:30) Nifty just above line; Choppy; DABUR added
profit; Only DABUR>306 looks good for LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIPORTS Choppy & Uncertain; Best to Avoid
CROMPGREAV Still flat at 72.50; Best to Avoid
DABUR Out at 306;
See again after 306
This can still give more in the last hour
BHEL Flat & Uncertain; Best to Avoid
SUNTV Going down; Avoid
TATASTEEL Took a fall; Avoid

DABUR has added slightly to our profits today, and that is the only Suggest that
looks good for more profits in the last hour; The Nifty has taken a fall after our
last Update, and had slipped slightly into the red zone some time ago; It is in
recovery mode at this time, and although it might see some upside, it will be best
to avoid trading with our Suggests in the last hour; Except for DABUR, of course;
Global cues are positive; All of Asia and Europe are firmly in the green; The Nifty
should recover till 8250 before closing today; But do not take any rash decision
in the last hour that can take you to losses; Best to Stay Away and protect
your profits; We expect the Nifty to close in the green around 8250 today.

 


 

Please also see our Today's Performance or Details page