IntradayTrade dot Net
Performance Results

Tuesday, 26-July-2011

  • The forward march was arrested today with unbelievable ferocity. The sustained manner in which the slide kept going was truly surprising. More so because all the signs of a healthy session were there right from yesterday's closing till about an hour after opening today. Thereafter started the anticipation and then the fall. We now believe that the anticipated direction for our market has been triggered. Today's candle formation says the same thing.
  • Today was one of those days when all calculations go out of the window. One piece of news and the tables are thrown away. Under such circumstances, the Suggests of IntradayTrade dot Net did an OK job today following our PricePoints and Alerts.

 

SUGGESTS:

 

BHARTIARTL

 

HINDALCO

 

RCOM

 

ALSO SEE:

IDFC

STER

YESBANK


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening expected for our markets today;
Asian markets are trading mixed; Market sentiments uncertain;
Dollar is up at 44.2650; WTI Crude is down at $99.04`;
NIFTY support levels today are: 5625, 5610 and 5570;
NIFTY resistance levels today are: 5700, 5740 and 5775;
Results today: Cairn, JSW Steel, Glenmark, Opto Circuits and others;
RBI quarterly monetary policy review today;
Possibility of RBI announcing 25 bps rate hike;
Near-term direction for our markets: positive.

 

ALERT-1: 9:45am

Flat opening; Went down after that; Going flat now;
Asian markets mixed; Our market neutral;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HINDALCO 183 180 185 187 320
RCOM 106 103 108 110 520

Also keep a watch on BHARTIARTL>427 and YESBANK>332;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5685 now; Going sideways around the line;
Found local support at 5670 level; More support is at 5625;
Resistance is at 5700; And then at 5740;
Market uncertain right now; RBI announcement awaited;
Be careful in uncertain market...

 

ALERT-2: 11:00am

Market suddenly in the red; Took a 50-point fall; Still falling;
BHARTIARTL gave profits in LONG since last Alert;
Watch now BHARTIARTL>427 HINDALCO>180 RCOM>105;
All other Suggests can also surge if market goes up;
All for LONG; Follow PricePoints; Careful ...

NIFTY around 5620; Going down; Testing support of 5610 now;
Next support is at 5570; Big fall if 5600 is breached;
The RBI has raised the Repo Rate and Reverse Repo Rate by 50 bps
instead of the market expectation of 25 bps;
Market likely to fall some more and then even out;
Careful...

 

ALERT-3: 12:30pm

Market deep in the red; Going down; Recovery possible;
Only BHARTIARTL gave profits in LONG since last Alert;
See now BHARTIARTL>427 IDFC>135 STER>170 if market turns up;
HINDALCO(178) YESBANK(324) are stuck; Can fire if market turns up;
All can surge if market goes up;
All for LONG; Follow PricePoints;

NIFTY around 5590 now; Support of 5570-5580 holding;
Support of 5600 has been broken; Resistance now at 5680;
Market likely to trade choppy and fluctuate for some time;
Chances of upward recovery later.

 

ALERT-4: 2:30pm

Market deep in the red; Going down even further;
Europe and Asia trading OK; Our market has negative bias;
BHARTIARTL RCOM gave profits in LONG since last Alert;
HINDALCO>178 IDFC>136 RCOM>103 good for LONG if surge comes;
All for LONG; Follow PricePoints.

NIFTY around 5575 now; Support of 5570-5580 still under test;
Holding for quite some time now; Next support is at 5530;
Resistance now at 5680; More resistance is at 5700;
Market likely to continue in this fashion till the end;
Very slim chance of a sudden pull-around to 5630-5650 levels.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
392 401 421 430 440 450 458

Suggest-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. 428
Approx. 1st Exit Point: Rs. 431
Approx. 2nd Entry Point: Rs. 427
Approx. 2nd Exit Point: Rs. 429
Avg. No. of Shares Traded: 140
Approx. Profit per Share: Rs. 5 (3+2)
Approx. Profit Today: Rs. 700

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
171 173 178 180 182 185 187

Suggest-2:

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

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
86 90 101 105 110 116 119

Suggest-3:

RCOM

Approx. 1st Entry Point: Rs. 101.70
Approx. 1st Exit Point: Rs. 103
Avg. No. of Shares Traded: 520
Approx. Profit per Share: Rs. 1.30
Approx. Profit Today: Rs. 670

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
137 139 142 143 145 147 148

Also See-1:

IDFC

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
167 168 171 172 174 175 176

Also See-2:

STER

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
321 323 330 332 335 338 341

Also See-3:

YESBANK

Approx. 1st Entry Point: Rs. 325
Approx. 1st Exit Point: Rs. 326
Avg. No. of Shares Traded: 180
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 180

 


 

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