IntradayTrade dot Net
Performance Results

Tuesday, 01-Feb-2011

  • A very important point about volumes can be noted if you study our Market Statistics page — FIIs have been taking out from our monetary system an average of 1000 crores every day for the last 4 sessions. Such an occurrence was tackled successfully at the beginning of January this year with heavy DII inflows. This time around DII inflows have again come to the rescue, but not at those levels. We think we have a situation here.
  • The beginning of February, 2011, has not been very good as ORCHIDCHEM has hit StopLoss after our 9:45 Alert as shown below. Normally, no experienced intraday player would have entered this scrip as the trend at that time was going totally against the flow, but fact remains that an Alert was sent from our side. There were two other Suggests that gave adequate returns today in LONG on a bad day. But, as per convention, we are obliged to take the loss for today, in total, towards our monthly profit calculation. Therefore, February starts in the red. Bad.

 

SUGGESTS:

 

ANDHRABANK

 

ASHOKLEY

 

PETRONET

 

ALSO SEE:

HINDALCO

ORCHIDCHEM

YESBANK


 

SMS ALERTS

Pre-Market: 8:30am

Flat to Gap-up opening predicted for our markets today;
Trading patterns are uncertain; Bias should be positive;
The support for NIFTY is at 5400-5360 and resistance at 5564-5609;
Bullish pivot point is at 5490 levels;
The bearish pivot is at the 5465 levels;
Q3 Results today: GLENMARK, SYDICATEBANK & others.

 

ALERT-1: 9:45am

Flat opening; Trading weak and soft in red zone now;
Global markets OK; Small rally possible later in the day;
For the next hour or so, see:

NameNumber See
Above
Stop
Loss
Target
1
Target
2
ASHOKLEY 960 59 58.50 60.50 62.50
ORCHIDCHEM 200 299 297 304 309

Also keep a watch on ANDHRABANK>142 and HINDALCO>232.50;
Follow PricePoints. All for LONG.

 

ALERT-2: 11:00am

Markets in negative zone; Trading flat now;
No Suggest given profit since last Alert;
HINDALCO was marginal; ORCHIDCHEM has hit S/L:297;
Till the next Alert, see:

NameNumber See
Above
Stop
Loss
Target
1
Target
2
HINDALCO 250 230 227 233 238
YESBANK 220 263 261 267 271

Also watch ASHOKLEY>58.50 and ORCHIDCHEM>298;
All for LONG; Follow PricePoints.

 

ALERT-3: 12:30pm

Markets going flat with negative bias; Still in red zone;
Chances of short covering rally still on; Await Europe opening;
HINDALCO was marginal; YESBANK going OK; Hold these if you want;
See now: ORCHIDCHEM>296 and PETRONET>127;
All for LONG; Follow PricePoints.

 

ALERT-4: 2:30pm

Markets negative; Now trading at the lowest point of the day;
Europe opened in the green; But trading weak now; No effect here;
HINDALCO exit was at 233; YESBANK exit was at 267;
No Suggest show promise in last hour;
If you are in profits now, take it home;
Do not take unnecessary risk; Stay Away if not sure...

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
129 132 137 139 142 145 147

Suggest-1:

ANDHRABANK

Approx. 1st Entry Point: Rs. — Stay Away —
Approx. 1st Exit Point: Rs.
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
49.00 50.80 55.80 57.60 60.00 62.50 64.30

Suggest-2:

ASHOKLEY

Approx. 1st Entry Point: Rs. — Stay Away —
Approx. 1st Exit Point: Rs.
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
117 119 125 128 131 134 136

Suggest-3:

PETRONET

Approx. 1st Entry Point: Rs. — Stay Away —
Approx. 1st Exit Point: Rs.
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
210 213 224 227 232 238 241

Also See-1:

HINDALCO

Approx. 1st Entry Point: Rs. 231
Approx. 1st Exit Point: Rs. 233
Approx. 2nd Entry Point: Rs. 230
Approx. 2nd Exit Point: Rs. 231.50
Avg. No. of Shares Traded: 250
Approx. Profit per Share: Rs. 3.50
Approx. Profit Today: Rs. 875

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
269 274 286 291 297 304 309

Also See-2:

ORCHIDCHEM

Approx. 1st Entry Point: Rs. 300
Approx. 1st Exit Point: Rs. 297 (S/L)
Avg. No. of Shares Traded: 200
Approx. Profit per Share: Rs. -3
Approx. Profit Today: Rs. -600

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
242 246 257 260 266 271 275

Also See-3:

YESBANK

Approx. 1st Entry Point: Rs. 264
Approx. 1st Exit Point: Rs. 267
Avg. No. of Shares Traded: 220
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 660

 

Please Note:
  1. Charts/Data courtesy NSEI/Yahoo!/iCharts/Rediff MoneyWiz.
  2. 'Approx. 1st. Entry Point' is the price at which 'first' entry is made.
  3. There can be more than one entry. Price for subsequent entries not shown.
  4. 'No. of Shares Traded' is calculated on 15k investment and 4x exposure (15000x4=60000) normally allowed by online brokering houses for intraday trading.
  5. 'Approx. Profit per Share' is cumulative of all entries.
  6. Figures within curly brackets {} stand for SHORT sell profits.
  7. All figures are indicative only.
  8. Profit figures given at our website are "estimates" only and do not take into account brokerage charges and other operational costs. This is because these charges can vary widely across the country and it will be misleading to give any one figure that is applicable in any one region in India.  TOP