IntradayTrade dot Net
Performance Results

Wednesday, 27-July-2011

  • Our market went along expected lines today, as was determined by the candle chart pattern yesterday. There are, however, a few points to note: volume patterns as given in our Market Statistics page, indicate that FIIs and DIIs have largely stayed away from the action in the last two days. This clearly shows that there is nothing wrong with the fundamentals of our market — the total thing was news driven. Second point to note: Unlike yesterday, the bulls had tried to break through on several occasions. They were not successful at the end today. The fight will carry on tomorrow.
  • Again on another bad day, the Suggests of IntradayTrade dot Net did an OK job today following our PricePoints and Alerts. Our site objectives have been met. However, the profits shown were not easy to get and there were a lot of ifs and buts along the way.

 

SUGGESTS:

 

AUROPHARMA

 

RENUKA

 

WIPRO

 

ALSO SEE:

BHARTIARTL

RCOM

ZEEL


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat opening expected for our markets today;
Asian markets are trading mixed; Market sentiments uncertain;
Dollar is down at 44.0400; WTI Crude is holding at $99.08;
NIFTY support levels today are: 5540, 5495 and 5470;
NIFTY resistance levels today are: 5600, 5630 and 5680;
Results today: DABUR, HEXAWARE, LUPIN, OILINDIA and others;
F&O Expiry coming up; Turbulence expected in the market;
Near-term direction for our markets: uncertain just now;
But a pullback is certain later in the day.

 

ALERT-1: 9:45am

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

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHARTIARTL 427 425 429 431 140
RCOM 104.50 103.40 106.50 109 570

Also keep a watch on AUROPHARMA>188 and ZEEL>135.50;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5565 now; Going down from 5585 level;
First support is at 5540 level; More support is at 5500;
Resistance is at 5580; More resistance is at 5600;
Choppy trade likely to continue around the line;
Overall sentiments are negative; Be careful in uncertain market...

 

ALERT-2: 11:00am

Market in the red; Fluctuating just below the line;
No Suggest gave profits in LONG since last Alert;
BHARTIARTL could have taken to a loss position;
RCOM has been marginal;
BHARTIARTL was not to be taken as 427 was not crossed convincingly;
Also, other factors were not conducive: Index was going opposite;
However, if still in, hold both; Exit if market does not turn up;
Watch now RENUKA>73.50 WIPRO>410 if market goes up;
All other Suggests can also surge if market goes up;
All for LONG; Follow PricePoints; Careful ...

NIFTY still around 5565 now; Going flat between 5555-5575;
First support is at 5540 level; More support is at 5500;
Resistance is at 5580; More resistance is at 5600;
Choppy trade likely to continue for some more time;
Aggressive buying has to come in at some time.

 

ALERT-3: 12:40pm

Market still deep in the red; Going down; Recovery possible;
Only ZEEL gave profits in LONG since last Alert;
No Suggest look good now in LONG;
All Suggests can give profits if market turns up;
Wait & Watch if market goes up before taking position;
All for LONG; Follow PricePoints;

NIFTY around 5530 now; 5540 support giving way after long hold;
More support is at 5500; Resistance is at 5575-5580;
Choppy trade with negative bias to continue for some more time;
Chances of upward recovery later;
Aggressive buying has to come in at some time.

 

ALERT-4: 2:30pm

Market still in the red; Recovery attempt still on;
Recovery not holding; Europe trading negative; Asia mixed;
BHARTIARTL RCOM gave profits in LONG since last Alert;
Hold BHARTIARTL>431 RCOM>103.50 if you are still in them;
ZEEL>135 look good for LONG if surge continues;
All for LONG; Follow PricePoints.

NIFTY around 5550 now; Came up from the day's low of 5525;
Found good support at that level; Resistance has come in at 5555;
Next support is at 5500; Next resistance is at 5575-5580;
Market likely to continue choppy till the end of the day;
Slim chance of another pull-around to 5580 levels.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
176 178 184 186 189 191 194

Suggest-1:

AUROPHARMA

Approx. 1st Entry Point: Rs. 183
Approx. 1st Exit Point: Rs. 184
Avg. No. of Shares Traded: 320
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 320

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
69.50 70.60 73.20 74.30 75.60 76.90 78.00

Suggest-2:

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
401 403 408 410 413 415 417

Suggest-3:

WIPRO

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
408 415 418 425 427 429 436

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. 427
Approx. 1st Exit Point: Rs. 432
Avg. No. of Shares Traded: 140
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 700

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
90.80 95.50 97.60 102.30 103.40 104.40 109.10

Also See-2:

RCOM

Approx. 1st Entry Point: Rs. 102.50
Approx. 1st Exit Point: Rs. 104.30
Avg. No. of Shares Traded: 570
Approx. Profit per Share: Rs. 1.80
Approx. Profit Today: Rs. 1025

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
121 126 128 133 135 136 141

Also See-3:

ZEEL

Approx. 1st Entry Point: Rs. 135.70
Approx. 1st Exit Point: Rs. 136.70
Avg. No. of Shares Traded: 440
Approx. Profit per Share: Rs. 1.00
Approx. Profit Today: Rs. 440

 


 

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