IntradayTrade dot Net
Performance Results

Thursday, 23-June-2011

  • After disappointing us for the last 2 sessions, today the expected turn-around happened. At 08:30am, before market hours we had said, "Definite chance of breakout middle of the day". But the surge came early. And after mid-day, bad food inflation figures and bad Europe opening acted as hurdles in the upward path. Volumes have remained low, indicating perhaps that this surge might not hold. Many experts feel that this is simply short covering and the overall trend is still down. Our technicals say, the daily chart today made a Bullish Engulfing Candlestick pattern and there is a great chance of the surge continuing to about 5380 tomorrow.
  • The good days are back for IntradayTrade dot Net as 3 of our Suggests gave very good returns today following our PricePoints and Alerts. More important is the fact that we did not give any Alert that could have taken our members to a loss position.

 

SUGGESTS:

 

BHUSANSTL

 

CIPLA

 

GODREJIND

 

ALSO SEE:

BHARTIARTL

ITC

ONGC


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat to Gap-down opening expected for our markets today;
Whole world is in the red today morning;
Dollar down by 0.08p; BRENT Crude up to about $114.21;
NIFTY support levels today remain at: 5230, 5200 and 5185;
NIFTY resistance levels today are also: 5320, 5350 and 5380;
Weekly inflation figures to be released around noon today;
NIFTY expected to continue range-bound trading today;
Definite chance of breakout middle of the day.

 

ALERT-1: 9:45am

Slight Gap-down opening; Went up immediately; Going up now;
World markets bad; Our market on the line now;
BHARTIARTL ITC ONGC already given some profits;
Hold them, if in BHARTIARTL>386 ITC>187 ONGC>262;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHUSANSTL 435 432 440 442 130
CIPLA 319 315 324 327 180

Follow PricePoints for holding and other Suggests; All for LONG;

NIFTY around 5280 now; Started around 5270 and went down and up;
Found resistance at 5290; This is under test; 5320 needs to be crossed;
Found support at 5250; More support is at 5230;
Market has positive bias now; However flat trading likely for some time.

 

ALERT-2: 11:00am

Market positive; In the Green; Going up now;
Bias is positive; Asian markets mixed;
Only GODREJIND gave small profit in LONG since last Alert;
See BHUSANSTL>437 GODREJIND>202 now;
BHARTIARTL(386) ITC(187) ONGC(262) are stuck; They can fire;
All for LONG; Follow PricePoints;

NIFTY around 5305 now; 5320 is the first target;
Found local support at 5280; This and 5260 holding for now;
Downside if 5260 is breached; Market sentiments up;
Upward to sidewise movement likely for some time.

 

ALERT-3: 12:30pm

Market in the green; Going flat now; Bias still positive;
NIFTY recovery happening; Market sentiments up;
ITC ONGC fired as expected; Hold ONGC>268 if still in;
BHARTIARTL(385) BHUSANSTL(435) CIPLA(318) can fire now;
All for LONG; Follow PricePoints;

NIFTY around 5320 now; Resistance at this level holding;
Next target is 5350 if this is crossed; Downside below 5280;
Market may remain range-bound for some time.

 

ALERT-4: 2:30pm

Market in the green; Uncertain bias; Going Range bound;
Asia closed mixed; Europe in the red;
GODREJIND ITC gave profit in LONG since last Alert;
Hold ITC>191 if in; BHARTIARTL BHUSANSTL look good now;
Follow PricePoints for all; All for LONG;

NIFTY around 5320 now; Going flat;
Range bound trading between 5300-5330 as predicted;
Touched a high of 5330; 5350 next target if NIFTY crosses 5330;
Support of 5300 and 5280 have to be breached for downside;
Market likely to trade sidewise with positive bias;
5350 can be reached today; Careful in last hour...

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
93 95 102 104 108 111 114

Suggest-1:

BHUSANSTL

Approx. 1st Entry Point: Rs. 437
Approx. 1st Exit Point: Rs. 442
Avg. No. of Shares Traded: 130
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 800

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
311 313 319 321 324 327 330

Suggest-2:

CIPLA

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
190 193 198 201 204 207 209

Suggest-3:

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
380 384 390 394 397 400 404

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. 384
Approx. 1st Exit Point: Rs. 386
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 300

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
179 180 184 185 187 188 190

Also See-2:

ITC

Approx. 1st Entry Point: Rs. 187
Approx. 1st Exit Point: Rs. 191
Avg. No. of Shares Traded: 320
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 1280

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
244 248 257 260 265 269 273

Also See-3:

ONGC

Approx. 1st Entry Point: Rs. 261
Approx. 1st Exit Point: Rs. 269
Avg. No. of Shares Traded: 220
Approx. Profit per Share: Rs. 8
Approx. Profit Today: Rs. 1760

 


 

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