IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 16-Nov-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, 16-Nov-2016

SMS Pre-Market

Valid for: 16-Nov-2016; All for LONG;
See site for Details


For Today:

NIFTY Resistance levels are: 8160, 8200, 8240, 8290, 8340;
NIFTY Support levels are: 8070, 8030, 8000, 7950, 7930;




16Nov(10:00) Gap-up openng; -ve bias;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A gap-up opening for the Nifty today, at around 8200, but the index has seen a
negative bias immediately after the opening and has gone down to touch the line
at 8100; Earlier, US markets have bounced back and closed in the green on good
figures from technology and energy stocks; Asian markets ar also in the green today
taking cues from the US; At home, the problems for the common on the exchange of
500 & 1000 Rupee notes due to demonetisation is still brewing trouble, but the govt
has taken many steps to ease the hassles; The Nifty is now expected to make a
bottom at some point and bounce back; Strong Support at 8100 will be tested
again today; Next Support is at 8070; These two should hold for some time; On
the upside, 8290 is the Resistance to cross for a reversal to happen; Be quick to
react when you spot an opportunity; Look at all possible angles before you take
Entry; Once in, take small, small profits and exit; Buy again, if upside continues;
See these if market upsurge comes now with increasing volumes:

Name See
to buy
BHARTIARTL 309 302 313 317 190
DISHTV 92 88 94 98 650

Also watch BANKBARODA>173 and TVSMOTOR>354 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.




16Nov(11:00) Nifty Flat in green; DISHTV gave small profit;
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
BANKBARODA See after 173 Slight positive bias seen; Careful..
BHARTIARTL Marginal at 309 Best to get out Marginal now, and
re-enter if 310 is crossed again
DISHTV In at 92, Out at 92.90
See again after 93
This can give more today; Watch carefully
BALRAMCHIN Stuck at 115; Can flare up suddenly..
TITAN Stuck at 318; Can flare up suddenly..
TVSMOTOR Choppy, but Holding; Watch after 354

Some small profits have come from DISHTV in the first hour, and we are hopeful with
all our Suggests at this time, provided the Nifty continues to recover; Slight positive
bias is seen and the Nifty is holding position just below the 8150-mark; Some upside
should come now in the Nifty; If that happens, our Suggests will have good chances;
Keep constant vigil; Look at all the possible angles before you decide to take Entry
again; Get in only if you are absolutely sure; Do not take any unnecessary
risks in haste that can take you to losses; Stay Away if you are not sure.




16Nov(12:30) Mkt in green; Slgt +ve bias; 2 Suggests gave
profits; See BANKBARODA>173 DISHTV>93.50 TVSMOTOR>357
now if mkt upturn strengthens; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKBARODA See after 173 Slight positive bias is still on..
BHARTIARTL Confirmed Marginal; Down at 306; Avoid
DISHTV Out at 93.30
See again after 93.50
This can give more today; Watch carefully
BALRAMCHIN Gave a small upside, but best to Avoid now
TITAN Stuck at 320 now; Best to Avoid
TVSMOTOR In at 354, Out at 356.80;
See again after 357
Choppy positive bias seen; Watch carefully..

Some more profits have come from two of our Suggests after the last Update, and
we are hopeful with three of them at this time, if the Nifty continues with its upside
journey; The index is now at 8180, up from the day's low of 8100, and should touch
8200 any time now; You have to recall that yesterday's similar recovery did not hold,
and the Nifty went back to 8120 from just below 8200; Do not take any risks that can
push you to losses; Look at all alternatives carefully before you take any decision;
Get in only if you get a very good opportunity; We do not want any losses today.




16Nov(2:30) Mkt in green; Range-Bound; 3 Suggests gave
profit; BANKBARODA>174.50 TITAN>324 good for LONG
if upsurge comes now in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKBARODA In at 173, Out at 174.50
See again after 174.50
Can give more in the last hour..
BHARTIARTL Gave an upsurge, but we had said Avoid..
DISHTV No further upside after the last Update;
This can still give more above 93.50
BALRAMCHIN Flat & Quiet; Avoid
TITAN In at 321, Out at 323.80
See again after 324
This can give some more in last hour
TVSMOTOR Out at 362.80 Going down now; Avoid

Some more profits have come from our Suggests after the last Update, and we are still
hopeful with four of them in the last hour; The Nifty has again not been able to carry
on with a positive bias above 8200, and has now become range-bound between 8120
8170; While there is still chance for the index to jump back, we are not very keen to
carry on at this stage; You should quit and take home your profits; Do not take
any unnecessary chances in the last hour that can push you towards losses;
The Nifty will close in the green today.



Please also see our Today's Performance or Details page