IntradayTrade dot Net dot IN
Alerts / Updates

for Thursday, 11-May-2017


 

SUGGESTS:

 

CHENNPETRO

 

EXIDEIND

 

IDEA

 

ALSO SEE:

ADANIENT

AXISBANK

DABUR

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 Thursday, 11-May-2017

SMS Pre-Market

Suggests: CHENNPETRO EXIDEIND IDEA;
Also See: ADANIENT AXISBANK DABUR;
Valid for: 11-May-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 9420, 9460, 9500;
NIFTY Support levels are: 9370, 9340, 9270, 9220, 9170;

 


 

SMS-1

11May(10:00) Gap-up openng; Going Flat;
See CHENNPETRO>417 EXIDEIND>249;
Watch IDEA>90.50 AXISBANK>530;
All for LONG if upsurge holds; Details at site -INTDAY

 

Update-1: 10:00am

Another strong opening for the Nifty today, with the index topping the 9450-mark
right at the start, creating another life-time high; It is trading quietly around
9430 now; First Support is at 9370; We will continue to see positive trading
today also and 9450 is the target now; Be careful for false starts in Intraday
in LONG; There is always good chances of a sudden profit booking fall at such
high levels; See these if market upsurge holds with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CHENNPETRO 417 410 422 427 140
EXIDEIND 249 244 252 256 240

Also watch IDEA above 90.50 and AXISBANK above 530 if upsurge holds
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

11May(11:00) Nifty in green; Slgt +ve bias; One Suggest
gave profit; See CHENNPETRO>417 AXISBANK>534 now
if mkt upturn holds; Careful.. See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
CHENNPETRO See after 417 Has touched Trigger, but there was no Entry
possible; There are still chances here
EXIDEIND Flat & Low Volume; Avoid, for now
IDEA Going down; Avoid, for now
ADANIENT Going down; Avoid, for now
AXISBANK In at 530, Out at 534.50
See again after 534
Down at 532; But can give another chance
DABUR Choppy & Uncertain; Avoid, for now

Difficult profits have come from one of our Suggests in the first hour today, and we
have shown hope in two Suggests in the box above; However, there is not much hope
as the Suggests are again not moving in sync with the general market trend; The Nifty
has come back up to 9450 now, and it will be able to hold this level, we feel; But, you
have to be very careful of sudden profit-booking downsides that can come suddenly
and very strongly at such high levels; 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; Stay Away if you are not sure.

 


 

SMS-3

11May(12:30) Nifty flat in green; No Suggest gave profit;
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
CHENNPETRO No upside after last Update
Going down; Avoid, for now
EXIDEIND Flat & Holding at 247; Can flare up..
IDEA Flat & Holding; Can flare up..
ADANIENT Flat & Holding at 120; Can flare up..
AXISBANK No upside after last Update
Flat at 531; Can give another chance
DABUR Choppy & Uncertain; Can flare up..

No profits have been added by any of our Suggests after the last Update, but almost
all of them are poised for a sudden jump up if given the opportunity; This means, you
have to be extra careful to avoid any false starts; The Nifty has remained flat and
scrappy just below the 9450-mark after the initial gains, and looks very happy
just sitting there and doing nothing; Be very careful of sudden profit-booking
downsides that can come suddenly and very strongly at such high levels; Do
not be in 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

11May(2:30) Mkt in green; Choppy; One Suggest gave
profit; IDEA>92 ADANIENT>122 still good for LONG
if upsurge comes now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
CHENNPETRO Going down; Avoid today
EXIDEIND Choppy, but Holding; Can still flare up..
IDEA In at 90, Out at 92.30
See again after 92
Down at 91 now;
Can give another chance in last hour
ADANIENT Still Holding at 120; Best to Avoid in last hour
AXISBANK Going down; Best to Avoid in last hour
DABUR Going down; Best to Avoid in last hour

Some more profits have come from another Suggest, and that is all for the day,
no matter what is written in the box above; It will be best to quit this market now
and take home whatever profits you have made, if any; The Nifty has remained very
choppy and undecided just below the 9450-mark, showing no intention of going any
where; Technically, of course, the Nifty has again done a fantastic job today with
another life-time intraday high and a green closing will give another closing high;
However, for our Suggests, if you have made your profits for the day, it will be
best to exit this market and take home your profits; Do not take any rash
decision in haste in the last hour that can push you towards losses;
Protect your profits; The Nifty will close in the green today.

 


 

Please also see our Today's Performance or Details page