IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 29-June-2016


 

SUGGESTS:

 

ADANIENT

 

CIPLA

 

ITC

 

ALSO SEE:

DELTACORP

RELINFRA

UNIONBANK

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, 29-June-2016

SMS Pre-Market

Suggests: ADANIENT CIPLA ITC;
Also See: DELTACORP RELINFRA UNIONBANK;
Valid for: 29-June-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8150, 8180, 8240, 8290, 8350;
NIFTY Support levels are: 8100, 8060, 8030, 8000, 7950;

 


 

SMS-1

29June(10:00) Gap-up openng; +ve bias;
See CIPLA>500 RELINFRA>533;
Watch DELTACORP>100 UNIONBANK>129.50;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

A good gap-up opening for the Nifty today, at around 8170, and some positive
trading has been seen in the morning today; We expect the recovery in the market
to continue after the Brexit saga; Global markets are supportive and Asia is over
+1% in the green at this time; The Nifty has crossed the 8150-level and is at the
8180 Resistance now; This, and 8200-level is expected to be crossed presently;
There is Support at 8140-8110; Keep constant vigil; Do not be in a hurry to
get in; Consider all angles carefully before you Enter; Once in, take small
profits and exit; Buy again, if the upside continues; See these
if market upsurge holds now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CIPLA 500 495 505 508 120
RELINFRA 533 526 538 545 110

Also watch DELTACORP>100 and UNIONBANK>129.50 if upsurge holds
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

29June(11:00) Nifty in green; Choppy; CIPLA gave small
profit; RELINFRA Marginal at 533; Only CIPLA>503
looks good now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIENT Scrappy, but can turn up; Watch after 82.50
CIPLA In at 500, Out at 502.80
See again after 503
There can be chances, but be careful..
ITC Going down; Avoid, for now
DELTACORP Going down; Avoid, for now
RELINFRA Marginal at 533 Best to Exit Marginal now,
and re-enter if 535 is crossed
UNIONBANK Scrappy; Going down; Avoid, for now

Very small profits have come from one Suggest in the first hour, and we
do not seem to have much scope now as the Nifty has lost its upward bias;
The Resistance at 8180 could not be crossed by the index, and it is down to
8170 now; But we are not losing hope; Keep constant vigil; Our chances will
definitely come; But do not take any unnecessary risks in haste that can
take you to losses; Stay Away if you are not sure about what to do.

 


 

SMS-3

29June(12:30) Mkt in green; Choppy; 3 Suggests gave profit;
See ADANIENT>83.50 CIPLA>504 RELINFRA>536 if mkt
upturn holds; Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIENT In at 82.50, Out at 83.50
See again after 83.50
Has come down to 83; Can turn up again..
CIPLA Out at 504
See again after 504
Down to 503 now; Can turn up again..
ITC Choppy & uncertain; But watch after 368
DELTACORP Choppy & uncertain; But watch after 98
RELINFRA In at 533, Out at 535.70
See again after 536
Can give more today if Nifty upturn holds
UNIONBANK Scrappy; Going up, but Avoid for now

Some more chance have come after the last Update, and there can be more profits
today if the upturn in the Nifty strengthens now; A low of 8160 was touched by
the Nifty, from where it is back to 8180 now; This 8155-8185 has been the
range for the Nifty since opening today; Our Suggests will do very well if this
range can be breached on the upside now; Be very careful about 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.

 


 

SMS-4

29June(2:30) Mkt in green; +ve bias; ADANIENT added
slight profits; Only CIPLA>504 looks good for more in
LONG if upsurge holds in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIENT Out at 83.80 Can turn up again to 84 in last hour;
But best to Stay Away now
CIPLA See again after 504 At 503; Can turn up again in last hour;
But best to Stay Away now
ITC Choppy & uncertain; Best to Avoid
DELTACORP Choppy; Can turn up above 98;
But best to Stay Away now
RELINFRA Can still give more today after 536;
But best to Stay Away now
UNIONBANK Scrappy; Uncertain; Risky; Avoid

Although there is chance for more profits in the last hour, specially if the
Nifty is able to cross over 8200-level confidently, we will ask our members
to Stay Away at this stage; Unless you get a very good opportunity; Global
markets are still supportive and some govt steps taken today are positive
for the market; But, better you protect your profits; Do not take any
unnecessary risks that can push you to losses in the last hour;
The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page