IntradayTrade dot Net
Performance Results

Tuesday, 24-May-2011

  • We had a flat day of trade, but a recovery nonetheless from the dismal trading of yesterday. While the SENSEX crawled back past 18k, the NIFTY stayed below 5400. Volume is still below 10k. The near-term outlook continues to be negative. For the intraday traders, however, the ups and downs gave a lot of opportunities today.
  • Four of the Suggests today of IntradayTrade dot Net gave good profits in LONG following our PricePoints and Alerts in accordance to the objectives of this site. But there was one point of concern regarding ONGC which could have taken some members to a loss situation. This has not been reported as it was avoidable.

 

SUGGESTS:

 

ARVIND

 

ITC

 

ONGC

 

ALSO SEE:

AMBUJACEM

DLF

LICHSGFIN


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat or slight Gap-down opening with cautious trading expected today;
Asian markets in red; All major World markets in red;
Dollar holding; NYMEX Crude is slightly down;
NIFTY support levels today are: 5370, 5325 and 5300;
NIFTY resistance levels today are: 5400, 5425 and 5450;
Q4 Results today: Tata Global, DLF, Praj Ind, REC,
Bharat Forge, Power Grid, Orbit Corp and others;
This is F&O Expiry week;
Our market likely to have choppy and cautious trading today.

 

ALERT-1: 9:45am

Flat opening; Went up immediately; Then down to line; Fluctuating there;
Slight negative bias; World markets recovering;
ARVIND has already given some profits; Hold ARVIND if in;
Or, Till the next Alert, See:

NameNumber See
Above
Stop
Loss
Target
1
Target
2
ARVIND 770 77.50 77 79 80
LICHSGFIN 270 214 213 217 221

Also, keep a watch on DLF>218 and ONGC>267;
Follow PricePoints for these and other Suggests; All for LONG;
NIFTY now fluctuating around support of 5400;
Yesterday's closing acting as local support; Slight negative bias;
Downside starts below 5370; Downside sharp below 5350-5325;
Upside will be confirmed after 5425; More pronounced after 5450;
Market likely to trade within a range in the next 2 hours.

 

ALERT-2: 11:00am

Market now in green; Going flat; Slight positive bias;
World markets recovering; Upward surge possible;
Only AMBUJACEM gave profit in LONG since last Alert;
Hold AMBUJACEM>133 ONGC>268, if in, for LONG;
Watch ARVIND>77.50 ITC>189 now, again for LONG;
Take position if surge comes with volume;
NIFTY fluctuating around support of 5400-5415;
Like before: Downside starts below 5390; Downside sharp below 5350;
Market likely to trade within 5400-5440 range for some time;
Upside will be confirmed after 5450;
Be careful in range-bound market ... Follow PricePoints.

 

ALERT-3: 12:30pm

Market still in the green; Going flat with slight positive bias;
ARVIND given profit; Upward surge looks less possible now;
No Suggest look good for LONG; All can surge if market goes up;
Specially ARVIND ITC LICHSGFIN; Hold if in;
Follow PricePoints; Avoid, if already in profit;
NIFTY fluctuating around 5405 now; Trading in range of 5390-5420;
Support levels of 5400-5390 have been solid today;
Downside starts below 5390; Downside sharp below 5350;
No upside before 5440; Upsurge seems unlikely;
5460 needs to be crossed for definite upward surge.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
69 71 74 75 77 78 80

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. 77
Approx. 1st Exit Point: Rs. 80
Avg. No. of Shares Traded: 770
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 2310

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
184 185 188 189 191 193 194

Suggest-2:

ITC

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
248 256 260 268 270 272 279

Suggest-3:

ONGC

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
121 124 127 129 130 132 134

Also See-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. 132
Approx. 1st Exit Point: Rs. 134
Avg. No. of Shares Traded: 460
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 920

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
213 217 219 223 224 225 230

Also See-2:

DLF

Approx. 1st Entry Point: Rs. 219
Approx. 1st Exit Point: Rs. 222
Avg. No. of Shares Traded: 270
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 810

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
205 208 210 213 214 215 217

Also See-3:

LICHSGFIN

Approx. 1st Entry Point: Rs. 215
Approx. 1st Exit Point: Rs. 218
Avg. No. of Shares Traded: 280
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 840

 


 

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