IntradayTrade dot Net dot IN
Alerts / Updates

for Wednesday, 24-May-2017


 

SUGGESTS:

 

HINDALCO

 

PFC

 

WIPRO

 

ALSO SEE:

IBREALEST

ITC

KTKBANK

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 Wednesday, 24-May-2017

SMS Pre-Market

Suggests: HINDALCO PFC WIPRO;
Also See: IBREALEST ITC KTKBANK;
Valid for date: 24-May-2017; All for LONG;
See site for full Details -Intradaytrade.net.in

 

For Today:

NIFTY Resistance levels are: 9410, 9450, 9480, 9530, 9550;
NIFTY Support levels are: 9370, 9340, 9270, 9210, 9170;

 


 

SMS-1

24May(10:00) Cautious openng; Going Choppy;
See WIPRO>534 KTKBANK>164;
Watch PFC>150 IBREALEST>165;
All for LONG if upsurge comes; Details at site -INTDAY

 

Update-1: 10:00am

There was a cautious opening for the Nifty today, at around 9410, and
the index has been choppy and quiet around the crucial 9400-mark after the
opening; There is no definite direction and the market is very uncertain today;
Another profit-booking downside cannot be ruled out, if there are no positive
triggers; But the Support at 9370-9340 has been strong in the past, and should
hold, like yesterday; Again, a good upside is on the cards late in the day; Be
very careful for false starts in Intraday trading in LONG in such uncertain
markets; See these if market upsurge comes with increasing volumes:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
WIPRO 534 526 539 545 110
KTKBANK 164 158 167 169 360

Also watch PFC above 150 and IBREALEST above 165 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

24May(11:00) Nifty +ve in green; Above 9400; One Suggest
gave profit; See PFC>151.30 ITC>302 KTKBANK>164
now if mkt upturn strengthens; See Site -INTDAY

 

Update-2: 11:00am

Suggest Action -- for LONG Comments
HINDALCO Choppy; Can go up; Watch after 192
PFC In at 150, Out at 151.30
See again after 151.30
Flat & Holding; Can give more today
WIPRO Flat & Holding; Watch after 532
IBREALEST Flat at 164; Can flare up..
ITC See after 302 Going up choppily; Watch carefully..
KTKBANK See after 164 Choppy & Uncertain; But watch carefully..

Small profits have come from one of our Suggests in the first hour today, and we are
hopeful with almost all of them at this time; But you need to be very careful in such
uncertain market; The Nifty is still uncertain, but holding its position above 9400;
A small positive bias can come in; All our Suggests will benefit if that happens;
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

24May(12:30) Nifty choppy; No Suggest gave profit; None look
good for LONG now; All can profit from present lows if
mkt turns up; Careful.. See Site -INTDAY

 

Update-3: 12:30pm

Suggest Action - for LONG Comments
HINDALCO Going down; Avoid, for now
PFC No further upside after the last Update;
Going down; Avoid, for now
WIPRO Flat & Holding; Watch after 531
IBREALEST Going down; Avoid, for now
ITC Choppy & Holding; Watch after 302
KTKBANK Going down; Avoid, for now

All our hopes have been dashed after the last Update; No new profits have come,
and no Suggest looks good for LONG at this time; The Nifty has also started to
fall from a high of 9430 and is around 9400 now; Fast approaching the line at
9385; The small positive bias we anticipated in our last Update, never came;
We will need some special positive trigger now to get the Nifty back up towards
9450 again; Do not take any unnecessary chances; BUY only if you get a confirmed
upside, and 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 sudden risks that can push you towards losses; Stay Away
if you are not 100% sure; We do not want any losses today.

 


 

SMS-4

24May(2:30) Nifty in red; Choppy; No Suggest gave profit;
No Suggest looks good for LONG at this time;
Best to Stay Away now in last hour; See Site -INTDAY

 

Update-4: 2:30pm

Suggest Action - for LONG Comments
HINDALCO Choppy, but Holding; Watch after 191
PFC Going down; Best to Avoid in last hour
WIPRO Going down; Avoid now, in last hour
IBREALEST Choppy & Uncertain; Avoid in last hour
ITC Choppy & Uncertain; Best to Avoid in last hour
KTKBANK Choppy & Uncertain; Watch after 160

Nothing good has happened for our Suggests after the last Update, and no
one looks good for LONG at this time for the last hour; The Nifty has become
choppy around the line, with a slight negative bias; Around 9360 now; The
Support at 9370 is repeatedly being tested; While we expect that to hold
and the Nifty to close flat around 9400 today, let us not take any rash
decision in haste in the last hour that can push you towards losses; If you
have made any profits till now, you should quit this market and take home
your profits; If nothing has come your way, go profit less; Do not force
yourself into a loss; The Nifty will close in the red/flat today.

 


 

Please also see our Today's Performance or Details page