IntradayTrade dot Net
Performance Results

Friday, 24-June-2011

  • We had thought that 5380 for the NIFTY was a very bold prediction yesterday. We ended up with almost another 100-points plus! And we've got fantastic retail volume with this surge. Faith in candlestick patterns has been reinforced and almost all experts have been proved wrong.
  • But the morning did not show the day. Till about 11am we were satisfied around 5380 and did not have any inkling about what is coming. Postponement of the EGoM meeting was the trigger. Next week we'll feel the after-effects of the fuel price hike and there is expiry. So, some choppiness is to be expected. But we believe a bottom has been made for now.
  • It was impossible NOT to make a profit today! We take nothing away from the technical team of IntradayTrade dot Net, as their predictions about market direction was against the current but totally spot on. Seriously, with a 150-point increase on the NIFTY whatever you touch would have turned into gold today. All our Suggests gave good profits in LONG following our PricePoints and Alerts. Nothing spectacular, just adequate.

 

SUGGESTS:

 

ITC

 

LICHSGFIN

 

RELIANCE

 

ALSO SEE:

ASHOKLEY

HINDUNILVR

SUZLON


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening and robust trading expected for our markets today;
Asia is in the green today morning;
Dollar down by 0.17p; BRENT Crude down to about $107.26;
NIFTY support levels today are: 5270, 5250 and 5230;
NIFTY resistance levels today are: 5350, 5380 and 5400;
EGoM meeting to consider a hike in fuel prices at 1pm likely today;
Scraping of customs duty on crude may lift market;
NIFTY expected to continue upward journey today;
Low volumes may hinder growth later of the day.

 

ALERT-1: 9:45am

Gap-up opening; Going good now; World markets good;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ASHOKLEY 47.75 47.20 48.30 49.00 1250
ITC 194 193 197 200 300

Also, keep a watch on LICHSGFIN>225 and SUZLON>46.75;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5390 now; Started around 5350 and went up;
Strong resistance at 5380-5390 is under test; 5400 is next target;
Support is at 5320; More support is at 5270;
Sidewise movement with positive bias likely for sometime.

 

ALERT-2: 11:00am

Market positive; In the Green; Going flat now;
Bias is still positive; Asian markets good;
No Suggest gave profit in LONG since last Alert;
ASHOKLEY(47.50) HINDUNILVR(320) ITC(193) LICHSGFIN(224) are stuck;
They can fire anytime now; Watch them closely;
All for LONG; Follow PricePoints;

NIFTY around 5380 now; Resistance at 5380-5390 still holding;
Fluctuating within narrow range now;
5390 will have to be crossed for more upside;
Downside if 5320 is breached; Market sentiments up;
Upward to sidewise movement likely for some more time.

 

ALERT-3: 12:30pm

Market in the green; Going flat now; Bias still positive;
World markets OK; Our market sentiments high;
HINDUNILVR LICHSGFIN RELIANCE gave profits since last Alert;
All look good now; Hold all, if in; All for LONG; Follow PricePoints;

NIFTY around 5415 now; Resistances of 5380 and 5400 surpassed;
Next targets are 5440 and 5470; Downside below 5380 now;
Sidewise movement with upward bias likely to continue.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
181 182 188 190 193 195 197

Suggest-1:

ITC

Approx. 1st Entry Point: Rs. 194
Approx. 1st Exit Point: Rs. 196
Avg. No. of Shares Traded: 300
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 600

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
209 212 218 221 224 227 230

Suggest-2:

LICHSGFIN

Approx. 1st Entry Point: Rs. 225
Approx. 1st Exit Point: Rs. 228
Avg. No. of Shares Traded: 260
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 780

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
831 839 858 865 875 885 892

Suggest-3:

RELIANCE

Approx. 1st Entry Point: Rs. 860
Approx. 1st Exit Point: Rs. 875
Avg. No. of Shares Traded: 70
Approx. Profit per Share: Rs. 15
Approx. Profit Today: Rs. 1050

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
44.40 44.90 46.10 46.60 47.20 47.80 48.30

Also See-1:

ASHOKLEY

Approx. 1st Entry Point: Rs. 47.60
Approx. 1st Exit Point: Rs. 48
Avg. No. of Shares Traded: 1250
Approx. Profit per Share: Rs. 0.40
Approx. Profit Today: Rs. 500

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
305 307 314 316 320 323 325

Also See-2:

HINDUNILVR

Approx. 1st Entry Point: Rs. 321
Approx. 1st Exit Point: Rs. 325
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 760

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
42.90 43.40 44.60 45.10 45.70 46.40 46.90

Also See-3:

SUZLON

Approx. 1st Entry Point: Rs. 46.90
Approx. 1st Exit Point: Rs. 47.40
Avg. No. of Shares Traded: 1300
Approx. Profit per Share: Rs. 0.50
Approx. Profit Today: Rs. 650

 


 

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