IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 08-June-2016


 

SUGGESTS:

 

ARVIND

 

HINDALCO

 

ICICIBANK

 

ALSO SEE:

ADANIPORTS

IBREALEST

MOTHERSUMI

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, 08-June-2016

SMS Pre-Market

Suggests: ARVIND HINDALCO ICICIBANK;
Also See: ADANIPORTS IBREALEST MOTHERSUMI;
Valid for 08-June-2016; All for LONG;
See site for Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8290, 8310, 8350, 8380, 8430;
NIFTY Support levels are: 8250, 8220, 8180, 8130, 8060;

 


 

SMS-1

08June(10:00) Gap-up openng; Going Flat;
See ADANIPORTS>208.50 MOTHERSUMI>290.50;
Watch ARVIND>314 HINDALCO>110;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A positive opening and then range-bound trading is what we have seen in our
market today; The Nifty opened at around 8290 and has come down slightly to
trade within a small range just above the line; Earlier, the US markets closed
on a strong note fueled by energy stocks as crude prices held above $50; Asia
is mixed today morning having came off their early highs after sluggish export
data for May from China; The Nifty is trading around 8270 now, but might see
a slight negative bias in the morning; But 8250-level should be held easily,
we feel; 8290-8300 is still a tough Resistance to break and 8350 will be even
more difficult to break, say experts; Earlier strong Resistance at 8250-8260
will act as First Support now; More Support will be at 8220; 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
ADANIPORTS 208.50 204 211 214 280
MOTHERSUMI 290.50 285 293 294 200

Also watch ARVIND>314 and HINDALCO>110 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

08June(11:00) Nifty Flat; One Suggest gave profit;
See HINDALCO>110 ICICIBANK>258 IBREALEST>102.50
MOTHERSUMI>294 now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ARVIND Going down; Scrappy; Avoid, for now
HINDALCO See above 110 Choppy now; Can go up; Watch carefully..
ICICIBANK See above 258 We've missed one chance from 256;
This can give more chances now
ADANIPORTS Scrappy & going down; Avoid, for now
IBREALEST See above 102.50 Flat & choppy; But there is chance here
MOTHERSUMI In at 290.50, Out at 293.50
See again after 294
Flat now; Can go up again; Watch this..

Some profits have come from MOTHERSUMI and we are hopeful about a few other
Suggests after the first hour; Problem is, the Nifty is not going anywhere; It
has remained flat and quiet around the line at 8265 since the opening today;
All our Suggests have chances for profits in LONG if the Nifty starts to move
up now; Hold your patience; 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

08June(12:30) Nifty Flat; No Suggest gave profit;
ICICIBANK IBREALEST Marginal; No other looks good
now for LONG; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Going down; Scrappy; Avoid, for now
HINDALCO Just touched Trigger at 110; No Entry was
possible; Going down now; Best to Avoid
ICICIBANK Marginal at 258 There is good chance of this giving profits
ADANIPORTS Scrappy & going down; Avoid, for now
IBREALEST Marginal at 102.50 Not much chance is seen here; Best to
get out Marginal and re-enter after 103
MOTHERSUMI Flat at 291; No further development after
the last Update; Best to Avoid this, for now

After MOTHERSUMI, nothing has come after the first hour, but we are expecting
some profits from ICICIBANK at this time; In spite of having missed a possible
Entry at 256; The Nifty is still choppy around the line at 8265 within the narrow
range of 8255-8285; We need some external trigger for the Nifty to break out
from this range; Keep your patience, and your vigil; Do not take anything for
granted; 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

08June(2:30) Nifty in red; Took a fall; ICICIBANK gave
profit; IBREALEST Marginal; No Suggest good for LONG
in last hour; Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND Going down; Scrappy; Avoid
HINDALCO Going down; Scrappy; Avoid
ICICIBANK In at 258, Out at 261 This can now give another chance from
259, but best to Avoid in last hour
ADANIPORTS Scrappy & going down; Avoid
IBREALEST Marginal at 102.50 No further chances seen here; Avoid
MOTHERSUMI Here also, no further chances seen; Avoid

As expected, some profits have come from ICICIBANK after our last Update;
With this, we have drawn the curtains in today's activities, although there is
still a chance with ICICIBANK; Meanwhile, the Nifty has taken a fall from 8280
level into the red zone, down till about 8250; The index has bounced back from
the Support at 8250-8260 and is approaching the line again; Be very careful,
and Stay Away from this market now unless you get a very good opportunity;
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 flat/green today, around 8270.

 


 

Please also see our Today's Performance or Details page