IntradayTrade dot Net
Performance Results

Monday, 23-May-2011

  • It was a dismal day for our markets today as it was kept following global cues. Debt worries in Europe sent almost all global markets down and our markets followed suit, totally ignoring the fact that these situations have no bearing on our internal economic system whatsoever. Whatever it is, our markets went below the psychological levels of 18k for the SENSEX and 5400 for the NIFTY and with the pending increase of diesel and LPG prices, the near-term outlook does not look good.
  • Even on a very bad day, the Suggests today of IntradayTrade dot Net gave commendable results in LONG following our PricePoints and Alerts as per the objectives of this site. More importantly, we did not give any Alert today that could have put our members in a loss position. This can easily happen on days like today — good that we avoided it.

 

SUGGESTS:

 

ASHOKLEY

 

IDFC

 

RPOWER

 

ALSO SEE:

INDUSINDBK

LICHSGFIN

TATASTEEL


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down to Flat opening with cautious trading expected today;
Asian markets in red; World markets in red;
Dollar slight down; NYMEX Crude is slightly down;
NIFTY support levels today are: 5425, 5400 and 5390;
NIFTY resistance levels today are: 5510 and 5560;
Q4 Results today: SATYAMCOMP TATACHEM DISHTV GAIL and others;
This is F&O Expiry week;
Our market likely to have choppy and cautious trading today.

 

ALERT-1: 9:45am

Big Gap-down opening; Going very flat now; Sentiments down;
Negative bias; Market very quiet and cautious;
Till the next Alert, See:

NameNumber See
Above
Stop
Loss
Target
1
Target
2
IDFC 420 134 132 137 139
LICHSGFIN 270 213 212 217 221

Also, keep a watch on INDUSINDBK>246 and RPOWER>112;
Follow PricePoints for these and other Suggests; All for LONG;
NIFTY now fluctuating around support of 5425;
Negative bias; Downside starts below 5400; Downside sharp below 5390;
Upside will be confirmed after 5460; Bulls in control after 5510;
Market likely to trade within a range in the next 2 hours.

 

ALERT-2: 11:00am

Market deep in red; Going flat; Negative bias continues;
Fluctuating within a range around support figure;
Whole world is in the red; Upward surge not likely just now;
Only LICHSGFIN gave profit in LONG since last Alert;
Old values valid for IDFC INDUSINDBK now in LONG;
See RPOWER>111 now; Take position if surge comes with volume;
NIFTY still fluctuating around support of 5425;
Like before: Downside starts below 5400; Downside sharp below 5390;
Upside will be confirmed after 5460; Upside sharp after 5510;
Market likely to trade within 5420-5440 range till mid day;
Be careful in range-bound market ... Follow PricePoints.

 

ALERT-3: 12:30pm

Market still deep in red; Going down further;
Negative bias continues; Upward surge looks remote now;
No Suggests given profit since last Alert;
No Suggest look good for LONG; All can surge if market goes up;
Follow PricePoints; Careful if already in profit;
NIFTY around support of 5400 now; Hovering around this resistance level;
Previous support level of 5425 has been breached;
Downside will be sharp below 5375; No upside before 5440;
5460 needs to be crossed for definite upward surge; Seems unlikely.

 

ALERT-4: 2:30pm

Market still deep in the red; Trading flat and quiet;
Negative bias; Whole world is in the red;
No Suggest gave profit in LONG since last Alert;
None look good in LONG now; All can surge if market goes up;
Paticularly IDFC and LICHSGFIN; But chances remote;
NIFTY now around 5380; Found support at this level;
Previous support levels of 5425 and 5400 have been breached;
This level unlikely to hold for the day; More downside possible;
No upside before 5440; 5460 needs to be crossed for definite upward surge;
NIFTY likely to trade within a range now till end of day;
Do not take unnecessary risk; Better to stay away if already in profit.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
48 49 50 51 52 53 54

Suggest-1:

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
128 130 135 137 139 142 144

Suggest-2:

IDFC

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
107 108 111 112 114 115 117

Suggest-3:

RPOWER

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
234 237 245 248 251 255 258

Also See-1:

INDUSINDBK

Approx. 1st Entry Point: Rs. 242
Approx. 1st Exit Point: Rs. 243
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 240

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
200 203 210 213 217 221 224

Also See-2:

LICHSGFIN

Approx. 1st Entry Point: Rs. 214
Approx. 1st Exit Point: Rs. 215.50
Approx. 2nd Entry Point: Rs. 213
Approx. 2nd Exit Point: Rs. 214
Avg. No. of Shares Traded: 270
Approx. Profit per Share: Rs. 2.50 (1.50+1)
Approx. Profit Today: Rs. 675

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
551 557 571 577 585 592 598

Also See-3:

TATASTEEL

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

 


 

About the profit figures shown in these pages:
  • If a Suggest is mentioned in our Alerts, together with StopLoss and Targets, profit will be shown only if the 'See Above' figure is crossed positively and reasonable profits are generated. It is not necessary that Target figures are reached.
  • Once a 'See Above' figure is mentioned, we do not show a profit in these pages unless this figure is crossed positively. "Stay Away" is reported even if there is profit to be gained from this Suggest.
  • "Stay Away" is also reported for any Suggest that is not mentioned in our Alert which also does not give any opportunity as per our PricePoints.
  • Profit shown for any Suggest that is not mentioned in any Alert is as per our PricePoints. Reasonable profits will have to be generated — it is not necessary that any exact PricePoints are reached.

 

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