IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 06-June-2016


 

SUGGESTS:

 

ASHOKLEY

 

AXISBANK

 

DABUR

 

ALSO SEE:

HINDALCO

NTPC

TATAMTRDVR

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, 06-June-2016

SMS Pre-Market

Suggests: ASHOKLEY AXISBANK DABUR;
Also See: HINDALCO NTPC TATAMTRDVR;
Valid for: 06-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: 8160, 8130, 8110, 8060, 8030;

 


 

SMS-1

06June(10:00) Flat openng; Going Flat;
See DABUR>311 HINDALCO>107;
Watch AXISBANK>541 NTPC>148.50;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

Our markets have opened on a flat note today, with the Nifty around 8230, as
the world markets are direction less from last Friday; There is caution in the air for
our players as we have the RBI's bi-monthly monetary policy review due tomorrow,
plus the PSU Bank performance review meeting today; Progress of monsoons,
crude oil and rupee movement along with FII stance are going to be some of the
key drivers dictating the stock market movement this week, after the RBI direction;
Meanwhile, the Nifty is doing good to hold above its crucial support level of
8200 after the opening today; The Resistance at 8260 is holding strong since the
last session and there is more Resistance at 8290; Support will at 8200 and then
at 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 311 206 314 317 190
HINDALCO 107 104 109 111 560

Also watch AXISBANK>541 and NTPC>148.50 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

06June(11:00) Nifty Flat around line; No Suggest gave profit;
See AXISBANK>541 HINDALCO>107 now if mkt turns up;
Careful today.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ASHOKLEY Flat & Uncertain, but watch above 107
AXISBANK See after 541 Flat now; Can go up; Watch carefully..
DABUR Flat & Quiet; But watch after 309
HINDALCO See after 107 Holding at 106; Watch carefully..
NTPC Scrappy & Low Volume; Avoid, for now
TATAMTRDVR Going down; Avoid, for now

No profits have come from any of our Suggests in the first hour, but we are
hopeful with a few at this time, provided the Nifty starts to climb up; However,
we do not see any great upside in the Nifty now, and flat range-bound trading
should continue; The Nifty is still holding 8200-level; 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

06June(12:30) Mkt in red; Going Flat; No Suggest gave
profit; HINDALCO Marginal; See DABUR>308 now if mkt
turns up; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ASHOKLEY Stuck at 105.50; Can flare up suddenly..
AXISBANK Stuck at 536; Can flare up suddenly..
DABUR See after 308 Flat & Quiet; But might turn up now
HINDALCO Marginal at 107 There is chance here; Watch carefully..
NTPC Scrappy & Low Volume; But can turn up..
TATAMTRDVR Going down; This can also turn up..

No profits have come from any of our Suggests till now today, but we have not
lost hope, as the box above will tell you; But the Nifty needs to turn up for our
Suggests to give results; After our last Update the index has turned down instead
of going up; It had gone down into the red to touch a low of 8205, but seems to
be recovering now; Wait for Europe opening; That might give more direction; 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

06June(2:30) Mkt in red; Flat; HINDALCO gave small profit;
DABUR>307 HINDALCO>108 look good for LONG if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ASHOKLEY Still at 105.50; Best to Avoid this now
AXISBANK Going down; Best to Avoid this now
DABUR See after 307 Choppy; Can turn up now; Careful..
HINDALCO In at 107, Out at 108
See again after 108
There can be more here; But be careful..
NTPC Scrappy & Low Volume; Avoid
TATAMTRDVR Going down; Avoid

Small profits have come from one Suggest and we are hopeful about two Suggests
in the last hour; However, as things are shaping up, we should remain satisfied
with whatever we have got till now and Stay Away from this market; Europe
is slowly turning negative and there is a lot of speculation about the RBI and
tomorrow's policy announcement; The Nifty is still holding 8200-level; But
it has not been able to take-off either; Some profit booking might come in;
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 red around 8200 today.

 


 

Please also see our Today's Performance or Details page