IntradayTrade dot Net dot IN
Alerts / Updates

for Monday, 02-Jan-2017














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 Monday, 02-Jan-2017

SMS Pre-Market

Valid for: 02-Jan-2017; All for LONG;
See site for full Details


For Today:

NIFTY Resistance levels are: 8230, 8250, 8280, 8340, 8380;
NIFTY Support levels are: 8160, 8130, 8100, 8060, 8010;




02Jan(10:00) Gap-up openng; Choppy;
Watch ADANIENT>77.70 HAVELLS>341;
All for LONG if upsurge comes; See site -INTDAY


Update-1: 10:00am

Our market has started the new year on a negative note today with the Nifty
opening good above the 8200-mark at around 8210 but going straight down to
8140 immediately after the opening bell; The index is trying to recover now and
is fluctuating around the 8150-level; The US markets had closed the last trading
session of 2016 slightly in the red, and Asian markets are mixed at this time; Global
cues are not supportive at this time, but there are several triggers lined up for this
week and the whole of January, including the start of the Trump Presidency in the US;
At home, The PMI data for manufacturing is expected today and the services PMI will
come on Wednesday; The results season of India Inc will begin next week; For the
Nifty today, as we had said earlier, 8180-8200 will be a difficult Resistance to cross
without outside help; We expect cautious trading in the most part of the day, but
a positive bias should develop later in the day; Support is at 8130-8100; Be very
alert; Look at all possible angles 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
BHARTIARTL 308 302 312 316 190
HINDPETRO 448.50 440 452 454 130

Also watch ADANIENT>77.70 and HAVELLS>341 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.




02Jan(11:00) Nifty in red; Choppy around 8150; No Suggest
gave profit; See BHARTIARTL>308 HAVELLS>340 ITC>240.50
now if mkt turns up; See Site -INTDAY


Update-2: 11:00am

Suggest Action -- for LONG Comments
ADANIENT Choppy & Uncertain; But watch after 77.50
BHARTIARTL See after 308 Going up Choppily; Careful..
HAVELLS See after 340 This can give chances, but be careful..
BANKBARODA Going down; Avoid, for now
HINDPETRO Flat & Uncertain; Avoid, for now
ITC See after 240.50 Flat, but can get a positive bias; Careful..

No profits have come in the first hour today from any of our Suggests, but some of
them look good for LONG at this time; The Nifty is down to 8140 now, but 8150 level
has not been technically breached till now; Support at 8130 is holding; Next Support
is at 8100; On the upside, 8190-8200 is a strong Resistance; Do not be in a hurry
to get in; Look at all possible angles before you take 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.




02Jan(12:30) Mkt in red; Going Flat; BHARTIARTL gave profit;
Only BHARTIARTL>311 looks good for LONG now if mkt turns up;
Await Europe openng; See Site -INTDAY


Update-3: 12:30pm

Suggest Action - for LONG Comments
ADANIENT Low Volume & Scrappy; Avoid, for now
BHARTIARTL In at 308, Out at 311
See again after 311
Went down to 309; Recovering; Careful..
HAVELLS Marginal at 340 Exit Marginal, and return if 342 is crossed
BANKBARODA Flat & Holding; Watch after 149
HINDPETRO Choppy & Uncertain; Avoid, for now
ITC Choppy & Uncertain; But keep watching..

Small profits have come from BHARTIARTL and that is the only Suggest that looks
good for more profits in LONG at this time; There are a few others you can look into,
but they may be risky trades to make; The Nifty has not been able to get out from
the range-bound trading around 8150 and we do not expect anything major to
happen unless there is a trigger; Support at 8130 is still holding; Look at all
possible angles before you decide to get in; Once in, take small profit and exit;
Get in-and-out again if there is opportunity; Do not take any undue risks that can
push you towards losses; Stay Away if you are unsure; Protect your small profit;
We do not want any losses today.




02Jan(2:30) Nifty has +ve bias; 4 Suggests gave profit;
still good in last hour; See Site -INTDAY


Update-4: 2:30pm

Suggest Action - for LONG Comments
ADANIENT Low Volume & Scrappy; Avoid today
See again after 312
Has flattened out; But can give more
HAVELLS In at 340, Out at 344.40
See again after 344.50
There is low chance here, but keep watching
BANKBARODA In at 149, Out at 150.80
See again after 151
This can give more today
HINDPETRO There was a chance, but we avoided;
Best to Stay Away in last hour
ITC In at 240.50, Out at 242.20
See again after 242.50
Can give more today; But be careful..

Adequate profits have come from several Suggests today, and there is scope for
more in the last hour; The Nifty, in the meantime, has shown a smart upside to
cross into the green zone and touch 8200-level; All the losses of the day has
been made good; However, as we had said earlier, getting past the Resistance
at 8200 will be a difficult without outside help; Do not take any unnecessary
risk in the last hour; It is best to Stay Away now and take home your profits,
unless you get a really good opportunity; Protect your profits;
The Nifty will close flat or in the green today.



Please also see our Today's Performance or Details page