IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 07-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 Wednesday, 07-Sept-2016

SMS Pre-Market

Valid for 07-Sept-2016; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8970, 9040, 9070, 9100, 9160;
NIFTY Support levels are: 8900, 8860, 8820, 8770, 8710;




07Sept(10:00) Flat openng; Choppy;
Watch SBIN>263 ASHOKLEY>87;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A flat opening today for the Nifty, at around 8960, and the index has gone
down a little after opening; Global cues are mixed today morning; US stocks
rose slightly in overnight trade on Tuesday, nudging the Nasdaq to a record
closing high; A weaker-than-expected reading on the US services sector in
August added to views the US Fed will refrain from raising interest rates
at its meeting this month; Asian markets are mostly in the green right now;
In our market, yesterday's surprise rally may not sustain today as the FPIs
who were actually behind the rally seem to have a new worry about GAAR;
For the Nifty today, it is now fluctuating in the narrow 8920-8940 band and
holding the 8900-level comfortably; The target is the crucial psychological
level of 9000 and then the life-time high of 9119; There is Support now at
8900 and at 8860; We are not ruling out a profit booking fall below these
levels, as can be expected at such high levels; Be Alert 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
RELCAPITAL 567 558 572 574 100
TATAMTRDVR 379 371 383 386 150

Also watch SBIN>263 and ASHOKLEY>87 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.




07Sept(11:00) Nifty in red; Flat; No Suggest gave profit;
RELCAPITAL Marginal; None looks good at this time;
All can profit if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
RELCAPITAL Marginal at 567 Stuck at 566; But this might give chances..
SBIN Took a fall; Recovering; Watch after 263
TATAMTRDVR Stuck at 375; Watch after 378
ASHOKLEY This can give chances; Watch after 87
LICHSGFIN Took a fall; Recovering; Watch after 588
TITAN Took a fall; Avoid for now

No profits have come from any of our Suggests in the first hour, but we are hopeful
with almost all of them at this time; This is more because we believe that the Nifty
will recover and get into the green zone now; 8970-8990 is a Resistance that has
been standing strong for a long time; That will be tested now, we feel; Be careful
of sudden profit-booking downside that can come at such high levels; Look at
all angles very carefully before you decide to take any action; 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.




07Sept(12:30) Nifty Flat around line; SBIN gave profit;
RELCAPITAL Marginal; Only SBIN>268.50 looks good if
mkt turns up; Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
RELCAPITAL Marginal at 567 Touched a high of 568.80; This will be taken
as Marginal; Flat at 564; Avoid, for now
SBIN In at 263; Out at 268.40
See again after 268.50
At 267 now; Can give another chance..
TATAMTRDVR Scrappy & Going down; Avoid, for now
ASHOKLEY This is also very scrappy; Avoid, for now
LICHSGFIN Choppy & Uncertain; Avoid, for now
TITAN Going down; Avoid for now

Good profits have come from SBIN after our last Update, and it looks like we are
done for the day; Unless the Nifty starts to move up from the line and starts to
test 8970-8990 Resistance; Right now, the index is very quiet and very flat, in a
narrow 20-point range between 8935-8955; We are still not ruling out a sudden
profit-booking downside that can come anytime at such high levels; Be careful
and alert about that; Protect your profits; Do not take any action unless you
are absolutely sure of what you are doing; Do not take any unnecessary
risks that can take you to losses; We do not want any losses today.




07Sept(2:30) Mkt choppy around line; 2 Suggests gave profit;
SBIN>270.30 ASHOKLEY>88.20 still good for LONG
if upsurge comes now in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
RELCAPITAL Marginal at 567 Choppy & Uncertain; Best to Avoid in last hour
SBIN Out at 270.30
See again after 270.30
At 269 now; Can give more profits in last hour
TATAMTRDVR Scrappy & Going down; Avoid in last hour
ASHOKLEY In at 87, Out at 88.20
See again after 88.20
Entry came following levels given earlier;
Can give more in the last hour
LICHSGFIN Choppy & Uncertain; Avoid in last hour
TITAN Choppy & Uncertain; Avoid in last hour

Good profits have come from two of our Suggests today and the way the Nifty
is going, it will be best to quit this market now and take home your profits; It is
flat and choppy around the line in a very narrow range; As we said before, we are
not ruling out a sudden profit-booking downside that can come anytime at such high
levels; If you have made your target profits for the day, Stay Away now; Protect
your profits; Do not take any unnecessary risks in the last hour that can push
you to losses; The Nifty will close in the red/flat today, above 8900.



Please also see our Today's Performance or Details page