IntradayTrade dot Net
Performance Results

Wednesday, 20-July-2011

  • There is distinct lack of confidence in the mind of investors in our stock market. Otherwise there is no explanation to how the selling pressure was maintained throughout the day today. In spite of good global cues and increase of volumes. Overall sentiments and the chart formation today suggests that the downside can be carried forward tomorrow. We don't disagree.
  • Today's loss was exactly equal to yesterday's gain in the NIFTY. It is as if the rise of yesterday did not happpen at all. We are back to all that was in place on Monday evening — just look at the figures!
  • Today's slide are being attributed to 3 different factors: (1) Bad Q1 results from Wipro, Polaris Software and RCF; (2) Warning by finance minister Pranab Mukherjee that inflation would remain high during August to December; and (3) News that a large investor offloaded nearly half his over Rs300 crore stake in drug maker Lupin. What next?
  • As can be expected, returns from the Suggests of IntradayTrade dot Net were not good at all today. No Suggest could give good intraday profits in LONG following our PricePoints and Alerts in keeping with the laid down objectives of this site. We had one of the highest grosser of the day (DLF) amongst our Suggests, but it could do nothing much in intraday. And we had a close encounter with RENUKA which could have gone into a loss situation but was saved as it did not go beyond 73.10 with our watch-out level being 73.

 

SUGGESTS:

 

AUROPHARMA

 

PFC

 

RENUKA

 

ALSO SEE:

DLF

EXIDEIND

HINDALCO


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening expected for our markets today;
Asian markets have opened positive;
US markets were green in closing with a upward bias;
Dollar is up at 44.4900; WTI Crude is up at $95.10;
NIFTY support levels today are: 5540, 5490 and 5470;
NIFTY resistance levels today are: 5620, 5670 and 5700;
WIPRO Q1 results have come in as expected - nothing great;
No other domestic cues lined up for the day;
Near-term direction for our markets slight positive at this time;
Good chance for NIFTY to maintain upward surge today.

 

ALERT-1: 9:45am

Gap-up opening; Fluctuating after that; Going flat now;
Whole world is in green; Our market outlook uncertain;
DLF have looked good initially; Hold if in;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AUROPHARMA 177 175 179 180 330
DLF 245 242 247 248 240

Also keep a watch on PFC>215 and RENUKA>73;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5630 now; Opened above 5640; Going flat now;
Support is at 5600 and 5540 levels; Resistance is at 5670;
Wait and see how market shapes up before taking position;
Be certain before taking position in uncertain market.

 

ALERT-2: 11:00am

Market on the line; Recovery attempt did not come;
No Suggest given profit in LONG since last Alert;
None look good now; Hold DLF>244 if in;
All Suggests can surge if market turns around;
EXIDEIND HINDALCO can give chance if mkt moves up;
Take minimum profits and exit if taking position;
All for LONG; Follow PricePoints; Careful ...

NIFTY around 5610 now; Going down now; Negative bias;
Support of 5600 is under test now; Next support is at 5560;
First resistance is now at 5630-5640;
Market likely to trade with negative bias for some time;
But likely to remain above the 5600-mark today.

 

ALERT-3: 12:30pm

Market on the line; Going Flat; Neutral bias;
Asian markets green; Europe opening expected to be green;
Only DLF given profit in LONG since last Alert;
Hold DLF>245 EXIDEIND>170 if still invested in them;
See now HINDALCO>182.50 PFC>215.50 RENUKA>72.50;
Can fire if market turns up; All for LONG; Follow PricePoints;

NIFTY still around 5610 now; Fluctuating around the line;
Support of 5600 still under test; Next support is at 5560;
First resistance is now at 5630-5640;
Earlier negative bias arrested somewhat;
Market expected to take direction any time now.

 

ALERT-4: 2:30pm

Market deep in the red; Recovery attempt did not come;
Europe is trading in the green; Our markets sentiments down;
NIFTY took a 60-point fall since last Alert;
No Suggest gave profit in LONG since last Alert;
None look good now for LONG in last hour;
DLF EXIDEIND RENUKA can surge if market turns up;
All for LONG; Follow PricePoints.

NIFTY around 5560 now; Moving down now to 5550 levels;
Support of 5600 and 5560 breached; Moving towards support of 5540;
First resistance now is at 5600; Next is 5630-5640;
Market expected to continue with negative bias for some more time;
And will eventually level out.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
170 171 175 176 178 180 181

Suggest-1:

AUROPHARMA

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
199 204 208 213 215 216 222

Suggest-2:

PFC

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
67 68 71 72 73 74 75

Suggest-3:

RENUKA

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
225 228 235 238 242 245 248

Also See-1:

DLF

Approx. 1st Entry Point: Rs. 244
Approx. 1st Exit Point: Rs. 245.50
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 360

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
165 166 170 172 174 176 177

Also See-2:

EXIDEIND

Approx. 1st Entry Point: Rs. 170.50
Approx. 1st Exit Point: Rs. 172
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 525

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
179 180 183 184 185 187 188

Also See-3:

HINDALCO

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