IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 02-Sept-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 Friday, 02-Sept-2016

SMS Pre-Market

Valid for 02-Sept-2016; All for LONG;
See site for Details


For Today:

NIFTY Resistance levels are: 8820, 8870, 8900, 8930, 8970;
NIFTY Support levels are: 8760, 8710, 8680, 8640, 8600;




02Sept(10:00) Gap-up openng; Going down;
All for LONG if upsurge comes; See site -INTDAY


Update-1: 10:00am

A small gap-up opening today for the Nifty, at around 8790, and the index has
been choppy just above the line after the opening; Global markets are mixed today
with US markets closing flat last night, but the underlying bias is still positive; Key
Asian markets are in the red at this time; In our market, the crucial mark of 8800 is
again under threat this morning as the Nifty has started the day below that level and
had gone down more to touch 8770 just now; But the mood should be good as GST
is through with the legislative process and Indian factory activity expanded at its
fastest pace in August; But the Rel-Jio actions may disrupt the market; The Nifty
Support at 8760-8740 will again have to hold to stop any decline; On the Upside,
the Nifty has to cross the Resistance at 8830 to go up any further; As always, be
very alert and careful about false starts; Keep constant vigil; Do not be in a
hurry to get in; Consider all possible angles carefully before you 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
to buy
TATAMOTORS 556 550 560 564 100
ICICIBANK 264.50 260 267 270 220

Also watch JISLJALEQS>89 and PETRONET>353 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.




02Sept(11:30) Nifty in green; Choppy; PETRONET gave profit;
now if mkt turns up; See Site -INTDAY


Update-2: 11:30am

Suggest Action -- for LONG Comments
COALINDIA Flat & Uncertain; But watch after 334
JISLJALEQS Marginal at 89 There was actually no Entry as a high of only
89.25 was touched; But there is chance here
TATAMOTORS Going down; Avoid, for now
GAIL See after 394 Recovering after a fall; Watch carefully..
ICICIBANK Flat & Quiet; Scrappy; Avoid, for now
PETRONET In at 353, Out at 358
See again after 358
Can be more here today; But be careful..

Some profits have already come from one of our Suggests in the first hour, and
we are hopeful with a few others at this time; The Nifty is choppy, but holding
above the line in the green; Around 8785 now; It will need to first cross and
hold 8800-level which is a sensitive psychological mark; Be careful of false
starts; Look at all angles carefully before you decide to buy; Do not take
any undue risks in haste that can take you to losses; Protect your
profits; Stay Away if you are not sure about what to do.




02Sept(12:30) Mkt in green; Going Flat; PETRONET added
small profit; See ICICIBANK>263 PETRONET>359 now
if mkt turns up; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
COALINDIA Very Flat & Uncertain; Avoid, for now
JISLJALEQS Choppy & Low Volume; Avoid, for now
TATAMOTORS Flat at 552; Can flare up suddenly..
GAIL Scrappy & Low Volume; Avoid, for now
ICICIBANK See after 263 Took a fall; Recovering; Watch carefully..
PETRONET Out at 358.60
See again after 359
At 356 now with slight negative volume;
Low chances seen here

None of our Suggests really look good at this time; This market is now slowly
becoming risky for Intraday Trading in LONG; The Nifty is flat and quiet just
below 8800, and seems to be in no hurry to cross that level; However, Asia
is slowly becoming all green and Europe is expected to open positive; Some
late upside is possible for the Nifty; But be careful and alert about sudden
downsides; Protect your profits; Do not enter unless you are absolutely
sure of upsides; Do not take any unnecessary risks that can take
you to losses; We do not want any losses today.




02Sept(2:30) Nifty at 8800; +ve bias; GAIL gave profit;
Only GAIL>396 looks good for more in LONG if
upsurge holds now in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
COALINDIA Still Flat; Can move up now; Watch after 334
JISLJALEQS Choppy & Low Volume; Going down; Avoid
TATAMOTORS Going down; Avoid in last hour
GAIL In at 394, Out at 396
See again after 396
Entry came using earlier level given;
There is chance for more profits here
ICICIBANK Choppy & uncertain; Best to Avoid in last hour
PETRONET No further upside after last Update;
Going down; Best to Avoid in last hour

Some profits have come from GAIL for which an entry point was given earlier;
That and another one looks good for LONG in the last hour; Meanwhile, the Nifty
has done a fantastic job and has crossed the 8800-mark; Up from 8770 till a
high of 8820; There is Resistance at this very level, and it will be great if this
level is crossed at closing today; Possible; Global cues are mostly positive;
But we will sound a warning now; If you have made your profits for the day,
it will be best to quit now and take your profits home; Be very careful of
sudden downside; Do not take any unnecessary risks in the last hour
that can push you to losses; The Nifty will close in the green today.



Please also see our Today's Performance or Details page