IntradayTrade dot Net dot IN
Alerts / Updates

for Tuesday, 02-May-2017


 

SUGGESTS:

 

BANKINDIA

 

FORTIS

 

ONGC

 

ALSO SEE:

BHARTIARTL

INDIACEM

JKTYRE

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 Tuesday, 02-May-2017

SMS Pre-Market

Suggests: BANKINDIA FORTIS ONGC;
Also See: BHARTIARTL INDIACEM JKTYRE;
Valid for: 02-May-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 9330, 9370, 9420, 9460;
NIFTY Support levels are: 9270, 9220, 9170, 9110, 9070;

 


 

SMS-1

02May(10:00) Gap-up openng; +ve bias;
See BANKINDIA>188 ONGC>190;
Watch INDIACEM>214 JKTYRE>168;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

A 30-point gap-up opening today, with the Nifty starting at around 9340 and
then going choppy around the 9340 area after the start; First Resistance at
9330 seems to have been covered, and the target now is the next one at 9370;
Support is there at 9280-9270; We expect the Nifty to hold 9350-9380 area
today and show positive trading; Be careful for intraday trading in LONG;
See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BANKINDIA 188 182 191 194 310
ONGC 190 186 193 196 310

Also watch INDIACEM above 214 and JKTYRE above 168 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.

 


 

SMS-2

02May(11:00) Nifty in red; Strong profit-booking -ve bias;
ONGC gave profit; See FORTIS>224 ONGC>192 now
if mkt turns up; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
BANKINDIA Slight negative bias; Can flare up after 185
FORTIS See after 224 Gave a small uprise that we could not catch;
Can give another chance; Be careful..
ONGC In at 190, Out at 192
See again after 192
This can give more today; Watch carefully..
BHARTIARTL Choppy, but Holding; Watch after 353
INDIACEM Going down; Avoid, for now
JKTYRE Choppy & Uncertain; Avoid, for now

Some profits have come from one of our Suggests in the first hour today, and there
is hope with four of our Suggests, as of now; There has been a sudden and strong
profit booking downside in the Nifty, dragging it down from 9350 to 9290 in the
red; The initial fall has been stopped by the Support levels, and the index is now
consolidating around 9300; We expect the Nifty to recover, and that should be
good for our Suggests; But there is every chance that the slide will begin again;
Be aware of that; Do not be in a hurry to get in; Look at all possible angles
before you decide to buy; Do not take any undue risks in haste that can
push you to losses; Careful today.. Stay Away if you are not sure.

 


 

SMS-3

02May(12:30) Nifty on the line; Recovering; ONGC added profit;
See ONGC>194 INDIACEM>212 now if mkt turns up;
Await Europe openng; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
BANKINDIA Choppy & Holding around 183; Keep watching..
FORTIS Choppy & Uncertain; Avoid, for now
ONGC Out at 193.80
See again after 194
This can give more today; Watch carefully..
BHARTIARTL Very flat at 349.50; Avoid, for now
INDIACEM See after 212 Going up slowly; Watch carefully..
JKTYRE Choppy & Uncertain; Avoid, for now

Some more profits have come from ONGC after the last Update, and we have shown
hope in two others at this time; The profit-booking fall of the Nifty was stopped by
the Support at 9270, and the index has bounced back from there; Exactly as we had
expected; But none of our Suggests have been able to reap any benefits from this
action; There is still time, and if the Nifty can continue towards 9350, we feel that
our Suggests will prosper; Wait and watch; Do not be in a hurry to get in; BUY only
after you have considered all possible angles; Once in, take small profit and exit;
Go into the buy-and-sell process again if the upside continues; Do not take
any unnecessary risks that can push you towards losses; Stay Away if
you are not 100% sure; We do not want any losses today.

 


 

SMS-4

02May(2:30) Nifty choppy around line; FORTIS gave small
profit; FORTIS>225.50 still good for more if upsurge
comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
BANKINDIA Going down; Avoid today
FORTIS In at 224, Out at 225.50
See again after 225.50
This can give more in the last hour
ONGC No further upside after last Update;
But there are still chances after 194
BHARTIARTL Choppy & Uncertain; Avoid today
INDIACEM There are still chances after 212
JKTYRE There was a spike upwards that we missed;
Choppy & Uncertain; Best to Avoid in last hour

Some more profits have come from another Suggest where there is still chance for
more in the last hour; The profit-booking fall of the Nifty has not come back after
the last Update, and the index is flat and quiet around the line, around the 9300-
mark; We still believe that the Nifty can continue towards 9350 before closing time
today; But let us not take any chances; Do not take any rash decision in haste in
the last hour that can push you to losses; Stay Away if you are not sure;
Protect your profits; The Nifty will close flat/in the green today.

 


 

Please also see our Today's Performance or Details page