IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 15-June-2016














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, 15-June-2016

SMS Pre-Market

Valid for date: 15-June-2016; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8130, 8170, 8200, 8240, 8290;
NIFTY Support levels are: 8060, 8030, 8000, 7950, 7920;




15June(10:00) Gap-up openng; Going Flat;
See PNB>92 CIPLA>488;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A small 30-point gap-up opening today for the Nifty, and the index has again
been choppy and range-bound in the initial stage; Last night there was a steep
fall in US stocks ahead of the outcome of the two-day US Fed policy meeting
and amid fears of rising possibility of a vote in favour of Brexit next week; But
Asian shares are on a high at this time on short covering before the BOJ meet
later today; These factors can bring in volatility and indecision in our market
today; The Nifty has been in the Resistance zone of 8120-8140 after opening
today and no particular bias is seen at this time; We expect the index to cross
this Resistance today and move towards the next Resistance at 8170 by closing
time; Support is at 8090-8060, which should hold today; However, there are some
concerns about the progress of monsoon, that can turn things around sharply;
Keep constant vigil; Do not be in a hurry to get in; Consider all angles carefully
before you decide to Enter; 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
to buy
PNB 92 89 93 95 650
CIPLA 488 480 495 500 120

Also watch MOTHERSUMI>296 and ADANIENT>79.30 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.




15June(11:00) Nifty in green; Flat; ADANIENT gave profit;
Hold CIPLA>488 if in; See ADANIENT>80.50 again
if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
MOTHERSUMI Flat at 294; There is chance after 296
PNB Flat & Low Volume; Avoid, for now
VOLTAS Scrappy & Uncertain; Avoid, for now
ADANIENT In at 79.30, Out at 80.40
See again after 80.50
Has gone down to 79.50 now; But there
can be another chance later today
CIPLA In at 488
Hold>488, SL-482
Marginal till now; Be very careful with this..
Quit if no upside comes in next 15-20mins
HINDALCO Going down; Avoid, for now

Some profits have already come from one Suggest, but you should be careful
and hesitant with CIPLA at this time; Reason being, the Nifty is doing nothing;
It is still in a very narrow range and an external trigger will be required to push
it out from this range - upwards or downwards; If upward surge comes, our
other Suggests might also join the party; Be very careful of false starts and
be patient; Look at all aspects carefully before you decide to Enter; 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.




15June(12:30) Mkt in green; Choppy; No Suggest gave profit;
CIPLA Marginal; See HINDALCO>116 now if mkt turns up;
Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
MOTHERSUMI Still flat at 294; Can flare up anytime..
PNB Going Flat; Low Volume; Avoid, for now
VOLTAS Scrappy & Uncertain; Avoid, for now
ADANIENT No further development after last Update;
Flat at 79.50 now; Can flare up anytime..
CIPLA In at 488, Out at 490
Marginal till now;
There is still some chance here;
But be very careful with this..
HINDALCO See above 116 Turning up; Can give chances; Careful..

Not much improvement has been seen in our Suggests after the last Update, but
the Nifty seems to be developing a slight positive bias now; Our Suggests might
have some good news if the Nifty starts to go up now; But do not lower your
guard; Be careful of false starts; Do not take any unnecessary risks that
can take you to losses; Protect your profits; Stay Away if you are
not sure about what to do; We do not want any losses today.




15June(2:30) Mkt in green; +ve bias; No Suggest gave profit;
CIPLA Marginal; ADANIENT>80.50 again good for LONG
if upsurge holds in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
MOTHERSUMI Flat around 295 now; Let's not take any
risks with this in last hour; Avoid
PNB Choppy; Low Volume; Avoid
VOLTAS Scrappy & Uncertain; Avoid
ADANIENT See again after 80.50 Going up from 79.50; Watch carefully..
CIPLA Marginal at 490 There is still some chance here, we
believe; But be careful in last hour
HINDALCO Just touched Trigger at 116; There are
chances, but best to Avoid in last hour

There is scope in two of our Suggests in the last hour, but the other four have
not been able to capitalise on the upward surge in the Nifty that we've seen after
the last Update; The Resistance at 8170 has been crossed by the Index and it is on
its way to test the next one at 8200; This has been difficult to cross in the past and
will not be a walkover today, we feel; World markets are supportive with Europe
over +1.5% in the green in anticipation of positive US Fed decisions; Do not let
your guard down; Protect your profits; Do not take any rash decision in the last
hour that can take you to losses; The Nifty will close in the green today,
and we expect a closing around 8200-level.



Please also see our Today's Performance or Details page