IntradayTrade dot Net dot IN
Alerts / Updates

for Friday, 19-May-2017


 

SUGGESTS:

 

ICICIBANK

 

RECLTD

 

WIPRO

 

ALSO SEE:

CHENNPETRO

EXIDEIND

TATASTEEL

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, 19-May-2017

SMS Pre-Market

Suggests: ICICIBANK RECLTD WIPRO;
Also See: CHENNPETRO EXIDEIND TATASTEEL;
Valid for 19-May-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 9450, 9480, 9530, 9550, 9610;
NIFTY Support levels are: 9370, 9340, 9270, 9210, 9170;

 


 

SMS-1

19May(10:00) Gap-up openng; Going good;
See ICICIBANK>313 EXIDEIND>245;
Watch CHENNPETRO>392 TATASTEEL>495;
All for LONG if upsurge comes; See site -INTDAY

 

Update-1: 10:00am

We had a 40-point gap-up opening for the Nifty today, at around 9470, and our
market is back on its winning ways after one day fall due to negative global cues;
The Nifty is around 9500 now, and the first task today will be to hold this level
firmly; We can expect some consolidation in the 9500-9525 zone; There is
Support now at 9460-9430; Be careful for false starts in Intraday in LONG;
See these if market upsurge holds with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ICICIBANK 313 309 316 318 190
EXIDEIND 245 238 248 252 240

Also watch CHENNPETRO above 392 and TATASTEEL above 495 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

19May(11:00) Nifty Flat below 9500; No Suggest gave profit;
None look good for LONG now; All can profit from present
position if mkt turns up; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
ICICIBANK Can turn up; Watch after 312
RECLTD Going down; Avoid, for now
WIPRO Flat below 520; Can turn up..
CHENNPETRO Choppy & Uncertain; Avoid, for now
EXIDEIND Going down; Avoid, for now
TATASTEEL Touched Trigger at 495, but there was no
Entry possible; Can flare up after 494

No profits have come from any of our Suggests in the first hour today, and we are
not very hopeful with any of our Suggests at this time; The Nifty has not been able
to get past the Resistance at 9500 and has developed a slight negative bias; It is
down at 9480 now; But we expect the Support at 9460-9430 to hold; The Nifty
should recover to hold the target at 9500, as we said; If that happens, all our
Suggests will benefit from present lows; Today is a "Wait & Watch" market
like yesterday; 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

19May(12:30) Nifty going down; At 9400; 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
ICICIBANK Down to 304; Watch after 308
RECLTD Going down; Avoid, for now
WIPRO Still at 520; Avoid, for now
CHENNPETRO Going down; Avoid, for now
EXIDEIND Holding at 236; Watch after 238
TATASTEEL Choppy around 482; Watch after 486

Be prepared to go profit-less today; No profits have come from any of our Suggests
till now today, and we are not at all hopeful with any of our Suggests at this time;
The Nifty has developed a negative bias and is down to 9400 now; The Support at
9430 has given way; Next strong Support is at 9370; But it is still a Wait & Watch
market; Our Suggests can give profits once the Nifty starts to move up now; 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

19May(2:30) Nifty Choppy on line; 2 Suggest gave difficult
profits; EXIDEIND>240 TATASTEEL>491 can give more
if upsurge comes in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
ICICIBANK Marginal at 308 Going down; Best to Avoid in last hour
RECLTD Flat & Uncertain; Avoid today
WIPRO Flat & Uncertain; Avoid today
CHENNPETRO Choppy & Uncertain; Avoid today
EXIDEIND In at 238, Out at 239.60
See again after 240
Holding at 239; Watch carefully..
TATASTEEL In at 486, Out at 490.50
See again after 491
Can give more in last hour; Careful..

Difficult profits have come from two of our Suggests after the last Update, late
in the day just like yesterday, but today we are expecting one of these to add
to the profits; Mainly because the Nifty is on the way up from the Support at
9400; The index is on the line now at 9440, likely to proceed towards 9480;
If you have been able to make any profits till now, you can consider quitting
this market now and taking home your profits; If nothing has come your way
till now, go profit less if you have to; But do not take any rash decision
in haste in the last hour that can push you towards losses;
The Nifty will close flat/in the green today.

 


 

Please also see our Today's Performance or Details page