IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 16-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 Thursday, 16-June-2016

SMS Pre-Market

Valid for date: 16-June-2016; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8240, 8290, 8350, 8390, 8430;
NIFTY Support levels are: 8150, 8130, 8060, 8030, 8000;




16June(10:00) Gap-down openng; Choppy;
Watch INDIACEM>107.50 NTPC>154;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A 30-point gap-down opening this time for the Nifty today, at around 8175, and
the index has gone down some more to 8130-level immediately after the opening;
Asian stocks are down after the US Fed and BOJ have kept policy rates unchanged
and refrained from offering more stimulus; However, the US central bank signaled
that there may be two rate increases this year, saying it expects the US job
market to strengthen after a recent slowdown; The Nifty50 has slipped below
its crucial Support level of 8200 at the opening itself and although it had gone
below 8150 after opening, it is recovering towards it now; Our market will be
requiring some time to recover from this initial jolt, and some more downside
is possible now because of profit bookings, but we believe that we will get
back towards 8200 as the day progresses; Provided there is no further bad
news; There is Support at 8130 and at 8060; 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
SBIN 219 214 222 224 270
TATASTEEL 334 329 337 340 170

Also watch INDIACEM>107.50 and NTPC>154 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.




16June(11:00) Nifty in red; -ve bias; No Suggest gave profit;
See CIPLA>488 NTPC>152 now if mkt turns up;
Careful today.. See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
ITC Has flattened out; Watch after 354
SBIN Going down; Can turn up; Watch after 217
TATASTEEL Took a fall; Can turn up; Watch after 329
CIPLA See after 488 Choppy & Uncertain; But watch this..
INDIACEM Going down; Avoid, for now
NTPC See after 152 Has flattened out; Watch carefully..

None of our Suggests could do any good in the first hour, and this is as per
expectation, as the Nifty is falling down badly; Support at 8130 has been
breached and 8100-level is under threat now; Next Support at 8060 is quite
strong, and should hold; We expect the Nifty to flatten out before that and
give some reversal; That is why we have kept hope in almost all our Suggests
in the box above; But be careful about false starts as some more downside is
possible below 8100; 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.




16June(12:30) Nifty flat, deep in red; No Suggest gave profit;
All look good for LONG now - All can profit from present
lows if mkt turns up; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ITC Has flattened out; Watch after 354
SBIN Can turn up now; Watch after 216
TATASTEEL Flat; Can turn up; Watch after 328.50
CIPLA Choppy & Uncertain; But watch after 486
INDIACEM Has flattened out; Watch after 103
NTPC Has flattened out; Watch after 152

Everything we have written in the box above is with the expectation that the
Nifty will start to move up again, from the low of 8070 touched after our last
Update; 8100-level has to be crossed for our Suggests to perform; If it does
not happen, we should be prepared to go profit-less today; Support at 8060
is still holding; Do not lower your guard; Be careful of false starts; Do not
take any unnecessary 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.




16June(2:30) Mkt in red; Choppy; INDIACEM gave profit;
ITC SBIN Marginal; INDIACEM>105 still good for more
if upsurge comes now in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ITC Marginal at 354 At 355 now, but there is chance here..
SBIN Marginal at 216 This does not look good; Best to Avoid
TATASTEEL There is still chance here after 328.50
CIPLA Choppy & Uncertain; Best to Avoid
INDIACEM In at 103, Out at 105
See again after 105
Fell to 103.50, but can go up again
NTPC Choppy & Uncertain; Best to Avoid

We are hopeful with 3 of our Suggests in the last hour; Some profits have come
already from INDIACEM; The Nifty has also been positive after the last Update;
8100-level has been crossed; Support at 8060 is still holding; Resistance at
8130 is being tackled now; World markets are down, however, and there are
no domestic cues; So, we don't have high hopes in the last hour; 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 red
today, but we expect a closing above 8100-level.



Please also see our Today's Performance or Details page