IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 01-July-2016


 

SUGGESTS:

 

ADANIENT

 

BHEL

 

POWERGRID

 

ALSO SEE:

CAIRN

MOTHERSUMI

TATASTEEL

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 Friday, 01-July-2016

SMS Pre-Market

Suggests: ADANIENT BHEL POWERGRID;
Also See: CAIRN MOTHERSUMI TATASTEEL;
Valid for: 01-July-2016; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 8310, 8350, 8380, 8430, 8470;
NIFTY Support levels are: 8240, 8200, 8160, 8110, 8070;

 


 

SMS-1

01July(10:00) Gap-up openng; Going Choppy;
See BHEL>132.30 CAIRN>144.30;
Watch ADANIENT>86.50 TATASTEEL>331.50;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

A third good gap-up opening for the Nifty was seen today, above the stiff
Resistance of 8300, at around 8320, and more positive trading has been seen
in the morning today; Today also, we expect the upside trend to continue and
Nifty should be able to hold 8300 now; Meanwhile, US markets had closed with
about +1.3% gains last night as concerns over Brexit eased further and Europe
surged to end June with best 3-day gains in 4 months; In our market, there is
Resistance at 8350 for the Nifty that might prove difficult today; Previous
Resistance at 8310-8290 will act as Support now; But be careful of sudden
profit booking downside from these levels, which have happened many times
in the past; Keep constant vigil; Do not be in a hurry to get in and trade;
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 comes now with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHEL 132.30 129 134 136 450
CAIRN 144.30 141 146 148 410

Also watch ADANIENT>86.50 and TATASTEEL>331.50 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

01July(11:00) Nifty in green; Flat; No Suggest gave profit;
CAIRN Marginal; See POWERGRID>166 TATASTEEL>331
now if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIENT Stuck at 85.50; Can flare up suddenly..
BHEL Choppy & Uncertain; But watch after 132
POWERGRID See after 166 Scrappy & Uncertain; Be careful here..
CAIRN In at 144.30, Out at 145
See again after 145
Marginal till now;
Can give chances from here; Be careful..
MOTHERSUMI Scrappy; Going down; Avoid, for now
TATASTEEL See after 331 Holding at 329; Can give chances..

Nothing much has happened in the first hour today, but we are hopeful with our
Suggests; The Nifty is also holding its opening gains and is negotiating the
8350-level; Our chances will improve once the Nifty can cross this barrier
with confidence; Keep constant vigil; Our chances will definitely come
today also; 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

01July(12:30) Nifty flat around 8350; No Suggest gave profit;
See POWERGRID>166 CAIRN>145 now if mkt turns up;
Await Europe openng; See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIENT Still stuck at 85.50; Watch after 86.50
BHEL Still Uncertain; But watch after 132
POWERGRID See after 166 Still scrappy; Can give chances; Be careful..
CAIRN See again after 145 Marginal till now;
Can give chances from here; Be careful..
MOTHERSUMI Scrappy; Going down; Avoid, for now
TATASTEEL Scrappy, but can give chances after 331

No profits have come till now, and the situation is not really clear at this time;
The Nifty has made no progress; 8350-level is still holding strong; Europe opening
is uncertain; While we are hopeful that some profits will come our way, we also have
to be prepared to go profit-less today; No point in taking 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

01July(2:30) Mkt flat in green; CAIRN gave small profit;
BHEL POWERGRID Marginal; None looks good for LONG
in last hour; Best to Stay Away; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIENT Going down now; Scrappy & Risky; Avoid
BHEL In at 132, Out at 132.50 Marginal till now; But this can
give chance in last hour; Be careful..
POWERGRID Marginal at 166 Best to Exit now; Re-enter if 166.50 is crossed
CAIRN In at 144.30, Out at 145.50
See again after 145.50
Can give more chances in last hour;
But be very careful..
MOTHERSUMI Scrappy; Going down; Avoid
TATASTEEL Scrappy; Looks Risky; Avoid

As we had expected in the morning, the going has been difficult for our Suggests
today; The Nifty has also not been able to cross the Resistance at 8350; We do
not expect anything great to happen in the last hour now; Global cues are also
turning bad; 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