IntradayTrade dot Net
Performance Results

Wednesday, 01-June-2011

  • The upward movement continued today and we were on the verge of crossing the strong resistance of 5600 for the NIFTY. This resistance proved to be very strong and we ended the day just below this level. Today's market, however, was not very suitable for intraday trading as we were in a tight 30-point range throughout the day. We still say: beyond 5600 for the NIFTY looks a distinct possibility this week. But 5600 will have to be crossed tomorrow.
  • Three Suggests of IntradayTrade dot Net did well today in LONG following our PricePoints and Alerts. If you follow our Alerts you'll find that our prediction about possible immediate-future market direction, given at various times of the day, have been very accurate for the last few days. Good going!

 

SUGGESTS:

 

GODREJIND

 

RANBAXY

 

SATYAMCOMP

 

ALSO SEE:

JPASSOCIAT

RECLTD

RENUKA


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening expected for our markets today;
Asian markets mixed; US markets closed green;
Dollar down; NYMEX Crude holding;
NIFTY support levels today are: 5500, 5470 and 5440;
NIFTY resistance levels today are: 5600, 5620 and 5690;
Possible diesel and LPG price hike this week may impact trading;
Our market expected to trade cautiously today after yesterday's rally.

 

ALERT-1: 9:45am

Gap-Up opening; Going OK; Slight Positive bias;
World markets mixed; Upsurge likely in our market;
Till the next Alert, See:

NameNumber See
Above
Stop
Loss
Target
1
Target
2
RECLTD 270 214.50 212 219 222
RENUKA 940 63.50 63 64.50 65.50

Also, keep a watch on RANBAXY>544 and SATYAMCOMP>86;
Follow PricePoints for these and other Suggests; All for LONG;
NIFTY fluctuating around 5585 now; Bias is flat;
5600 will have to crossed for upsurge to be confirmed;
Downside only if NIFTY breaches 5560-5555;
Not much downside expected; Sidewise movement now;
Be careful today — market looks uncertain.

 

ALERT-2: 11:00am

Market in the green; Going OK; Uncertain bias;
Our markets took a tumble; Slight positive trend back now;
Only JPASSOCIAT gave profit in LONG since last Alert;
Hold RENUKA>63.50 if you are still holding it;
Watch JPASSOCIAT>86.50 and RANBAXY>540 now for LONG;
All Suggests can surge; Follow PricePoints;
NIFTY around 5575 now; Resistance of 5560 acted strong;
NIFTY will now have to cross 5595 for confirmed upsurge;
Downside only if NIFTY breaches 5560-5555;
Market likely to trade sidewise for some time now.

 

ALERT-3: 12:40pm

Market in the green; Fluctuating just above neutral line;
Neutral bias; Range-bound sidewise movement only;
RECLTD given profit in LONG since last Alert;
No Suggest look good now for LONG; All can surge if market goes up;
Careful in uncertain market; Follow PricePoints;
NIFTY fluctuating within the 5565-5580 band;
NIFTY will now have to cross 5595 for confirmed upsurge;
Downside only if NIFTY breaches 5560-5555;
Market likely to breakout and take direction in next hour or so.

 

ALERT-4: 2:45pm

Market in green; Slight positive bias; Still within a range;
RENUKA SATYAMCOMP gave profit in LONG since last Alert;
Hold RENUKA>64.50 SATYAMCOMP>88.50 if you are still holding them;
JPASSOCIAT>86.50 RANBAXY>540 look good now;
All others can surge anytime; All for LONG;
NIFTY still fluctuating within a 5565-5590 band;
NIFTY needs to cross 5595 convincingly for good upsurge;
Downside only if NIFTY breaches 5560-5555;
Good chances of going up in last hour;
Do not take unnecessary risk; Stay away if already in profit.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
180 183 190 192 195 199 201

Suggest-1:

GODREJIND

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
523 529 543 549 556 563 569

Suggest-2:

RANBAXY

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
77 79 83 84 86 88 90

Suggest-3:

SATYAMCOMP

Approx. 1st Entry Point: Rs. 87
Approx. 1st Exit Point: Rs. 89.50
Avg. No. of Shares Traded: 690
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 1725

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
81 82 85 86 87 89 90

Also See-1:

JPASSOCIAT

Approx. 1st Entry Point: Rs. 86.70
Approx. 1st Exit Point: Rs. 87.50
Avg. No. of Shares Traded: 690
Approx. Profit per Share: Rs. 0.80
Approx. Profit Today: Rs. 550

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
199 202 209 212 215 219 222

Also See-2:

RECLTD

Approx. 1st Entry Point: Rs. 215
Approx. 1st Exit Point: Rs. 216
Avg. No. of Shares Traded: 270
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 270

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
59 60 61 62 63 64 65

Also See-3:

RENUKA

Approx. 1st Entry Point: Rs. 63.75
Approx. 1st Exit Point: Rs. 65
Avg. No. of Shares Traded: 940
Approx. Profit per Share: Rs. 1.25
Approx. Profit Today: Rs. 1175

 


 

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