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Performance Results

Thursday, 21-July-2011

  • Another day of down performance was seen just as the charts had predicted and as we had said yesterday. Good inflation figures and good volumes were simply brushed aside today. If you go by technicals alone, we might see another day of loss tomorrow. More so as tomorrow is the last day of the week and many would not want to take a chance. But with the stock market, one can never really tell — it is highly possible that we will have a strong, gap-up opening tomorrow.
  • Like it happened on the 18th, our Suggests did quite well today in spite of the gloom all around us. The first half worked to our advantage. The choppiness also helped. And we found a champion in PETRONET. Hurrah!

 

SUGGESTS:

 

DLF

 

PETRONET

 

UNITECH

 

ALSO SEE:

GITANJALI

RECLTD

WIPRO


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down opening expected for our markets today;
Asian markets have opened negative; US markets closed mixed;
Dollar is down at 44.3300; WTI Crude is up at $98.14;
NIFTY support levels today are: 5540, 5495 and 5470;
NIFTY resistance levels today are: 5600, 5620 and 5640;
Results today: Hero Honda, Kotak Mahindra Bank, Sesa Goa,
Zee Entertainment, 3i infotech, Yes Bank and others;
Weekly food inflation numbers will drive the market today;
Near-term direction for our markets slight negative at this time.

 

ALERT-1: 9:45am

Gap-down opening; Went down after that; Going positive now;
World markets in red; Our market outlook positive;
PETRONET have looked good initially; Hold if in;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PETRONET 161 159 163 164 380
WIPRO 400 387 403 405 150

Also keep a watch on DLF>243 and RECLTD>222;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5570 now; Opened above 5560; Going flat now;
Support at 5540 already effective; Resistance is at 5600;
Market likely to move up slowly in steps;
Be certain before taking position in uncertain market.

 

ALERT-2: 11:00am

Market on the line; Recovery attempt did not come;
DLF GITANJALI PETRONET WIPRO gave profits in LONG since last Alert;
Hold GITANJALI>314 and WIPRO>401 if you are still in them;
GITANJALI(314) PETRONET(165) are stuck; Can fire if market turns up;
All other Suggests can also surge if market turns around;
Do not go overboard; Look for minimum profits, many times;
All for LONG; Follow PricePoints; Careful ...

NIFTY around 5670 now; Going flat now; Neutral bias;
Support at 5540 already effective; Resistance is at 5600;
Next support is at 5500; Further resistance is at 5620-5640;
Market likely to trade range-bound for some more time;
Over time, we are expected to move up slowly in steps.

 

ALERT-3: 12:30pm

Market in red; Going Flat; Fluctuating around the line;
Asian markets except Chine closing in the green;
Europe opening expected to be green;
No Suggest given profit in LONG since last Alert;
None look good now for LONG; All can surge if market goes up;
All for LONG; Follow PricePoints;

NIFTY around 5560 now; Support of 5540 still in force;
Next support is at 5500; Resistance is at 5600;
Earlier slight positive bias no longer visible;
Market totally without direction now; Range-bound trade rules.

 

ALERT-4: 2:30pm

Market in the red; Recovery attempt did not come;
Europe is trading in the red; Asia also mostly red;
Only PETRONET gave profit in LONG since last Alert;
None look good now for LONG in last hour;
PETRONET RECLTD WIPRO look good if surge comes;
All for LONG; Follow PricePoints.

NIFTY around 5540 now; Moving down from 5555 levels;
Support of 5540 is being tested repeatedly;
Next support is at 5500; Resistance is at 5600;
Market expected to continue with negative bias for some more time;
And will eventually level out like yesterday.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
238 239 243 244 246 247 249

Suggest-1:

DLF

Approx. 1st Entry Point: Rs. 243.50
Approx. 1st Exit Point: Rs. 245.50
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 480

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
141 143 150 152 155 158 161

Suggest-2:

PETRONET

Approx. 1st Entry Point: Rs. 161
Approx. 1st Exit Point: Rs. 168
Avg. No. of Shares Traded: 380
Approx. Profit per Share: Rs. 7
Approx. Profit Today: Rs. 2660

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
35.00 35.20 35.80 36.00 36.30 36.60 36.80

Suggest-3:

UNITECH

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
298 301 307 309 312 315 318

Also See-1:

GITANJALI

Approx. 1st Entry Point: Rs. 312.50
Approx. 1st Exit Point: Rs. 314.50
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 380

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
212 216 219 224 225 226 231

Also See-2:

RECLTD

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
364 380 386 402 405 408 423

Also See-3:

HINDALCO

Approx. 1st Entry Point: Rs. 399
Approx. 1st Exit Point: Rs. 402
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 450

 


 

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