IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 16-Dec-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, 16-Dec-2016

SMS Pre-Market

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


For Today:

NIFTY Resistance levels are: 8180, 8210, 8250, 8290, 8340;
NIFTY Support levels are: 8130, 8100, 8070, 8010, 7970;




16Dec(10:00) Flat openng; Range bound;
Watch ARVIND>342 RELINFRA>501;
All for LONG if upsurge comes; Details at site -INTDAY


Update-1: 10:00am

A flat opening for the Nifty today, at around 8180, and the index has gone into
range bound trading around the line at 8150, after the start; The 8200-mark is
still beyond reach; Earlier, US markets has closed in the green last night as the
Trump rally continues with the Dollar on 14-year high after the Fed rate hike; Asian
shares are, however, mixed this morning but Japan is approaching a 52-week high;
At home, debate on demonetisation effects continue as the Rupee has fallen sharply;
FII inflows are still a worry; As before, the Nifty needs to get past the 8200-mark to
bring in a profitable rally; On the downside, 8150-8130 will have to hold to prevent
deep losses; We again expect mainly range bound trading today with some upside
later in the day; Be very alert; Look at all possible angles before you take Entry;
Once in, take small, small profit and exit; Buy again, if the upside continues;
See these if market upsurge comes now with increasing volumes:

Name See
to buy
AXISBANK 478 470 482 486 120
GRANULES 117.50 114 120 124 510

Also watch ARVIND>342 and RELINFRA>501 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.




16Dec(11:00) Nifty in red; Slgt -ve bias; No Suggest gave
profit; See AXISBANK>478 GRANULES>117.50 now
if mkt turns up; Careful today.. See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
ARVIND Going down; Avoid, for now
AXISBANK See after 478 Going up slowly; But be careful..
GRANULES See after 117.50 Holding steady at 116; Watch carefully..
LICHSGFIN Choppy & Uncertain; Avoid, for now
NMDC Flat around 129.50; Watch after 130.50
RELINFRA Took a fall; Recovering; Watch after 493

No profits have come from any of our Suggests today in the first hour; And no one
looks really prime for profits at this time; But some can give chances; The Nifty is in
a range around the 8140-mark, as was expected, but a slight negative bias might
come in temporarily; Look very carefully at all possible angles before you decide to
take an Entry; Get in only if you are absolutely sure; Do not take undue risks
in haste that can take you to losses; Stay Away if you are not sure.




16Dec(12:30) Mkt in red; Choppy & Flat; AXISBANK gone
into loss; None look good for LONG now; All can profit
from present lows if mkt turns up; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ARVIND Holding steady at 337; Watch after 338
AXISBANK In at 478, Out at 474
This is a loss
There was no scope to avoid losses here if
you took entry around 479; Avoid now
GRANULES Still steady at 116; Watch after 117.50
LICHSGFIN Steady at 550; Watch after 552
NMDC Going down; Avoid, for now
RELINFRA Steady at 488; Watch after 491

AXISBANK has given a loss today; This is a bad day for us, but such things are to be
expected in the stock market; Many Suggests have been put in the watch list in the
box above, but that is mainly trying to recover the losses already made; There is no
strength in the market that can support intraday trading in LONG; The Nifty is still
range-bound, and the level has come down to 8130-8145; Technically, Support at
8150-8130 is still holding; Be very careful going forward in an uncertain market;
Do not take any unnecessary risks that can push you towards more losses;
Stay Away if you are unsure; We don't want any further losses today.




16Dec(2:30) Mkt in red; Range-Bound; 2 Suggests gave small
profit; ARVIND>340.50 RELINFRA>494 good for more
if upsurge comes in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ARVIND In at 338, Out at 340.40
See again after 340.50
Very choppy, but slight positive bias
AXISBANK In a loss This has disappointed after 2 days
of gains; Avoid now, in the last hour
GRANULES Steady, but Uncertain; Avoid
LICHSGFIN Steady and holding; Watch after 552
NMDC Going down; Avoid today
RELINFRA In at 491, Out at 494
See again after 494
Down at 488 now; Be very careful here..

AXISBANK loss is being recovered somewhat, but the loss remains; And will be
reported as such today; A couple of Suggests look good for more profits in the last
hour, but you should be very careful now; We do not want any further losses; The
Nifty is making an effort to recover and is at the line now, trading very choppy;
Support at 8150-8130 is still holding; The Nifty will close flat today.



Please also see our Today's Performance or Details page