IntradayTrade dot Net
Performance Results

Monday, 01-Aug-2011

  • Another day of intense fighting between the bears and the bulls was seen today. With one major difference: the start gave the bulls a good lead but they were unable to hold on. The bears slowly but steadily ate up all the gains as profit booking came in in a big way. Then, when it looked like we will end the day in the red, the bulls gave a small surge. Two other points should also be noted: volumes were low and the FII/DIIs largely stayed away. This suggests that the bears are not quite done.
  • No one expected the market to span out the way it did today. The intraday trader wanting to go LONG did not have much to play around with as the market started high and kept going down almost throughout the day. What the Suggests of IntradayTrade dot Net did under the circumstances, were not bad — only two could give profits in LONG following our PricePoints and Alerts, but those two were sufficient for the day.

 

SUGGESTS:

 

BHARTIARTL

 

HEXAWARE

 

UNIPHOS

 

ALSO SEE:

EXIDEIND

HINDUNILVR

IDEA


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up strong opening expected for our markets today also;
Asian markets are trading good; DOW has closed with positive bias;
Dollar is up at 43.9900; WTI Crude is down to $95.86;
NIFTY support levels today are: 5450, 5430 and 5400;
NIFTY resistance levels today are: 5520, 5550 and 5570;
Results today: Pfizer, Triveni, Sun TV, Havells India & others;
Cautious but good trading expected from our markets today;
Near-term direction for our markets: uncertain; But with positive bias;
Wait for market to stabilise before taking position.

 

ALERT-1: 9:45am

Big Gap-up opening for the NIFTY; Going flat now;
Asian markets in the green; Our market showing low motivation;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HEXAWARE 88.50 87.60 90 91.20 670
HINDUNILVR 327 324 329 332 180

Also keep a watch on EXIDEIND>157 and UNIPHOS>169;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5530 now; Opened around this level;
Now testing the strong resistance of 5550;
This will have to be crossed for more upside;
Market not very convincing in the upmove right now;
Next resistance is at 5570-5575;
Support is at 5470-5450 levels; Local support can come at 5500;
Market likely to continue with sidewise movement;
Opening gains may be lost if strength does
not return in the next half hour;
Overall sentiments are mixed; Careful...

 

ALERT-2: 11:30am

Market in the green; Fluctuating in a narrow range;
BHARTIARTL HEXAWARE IDEA given small profit in LONG since last Alert;
Hold IDEA>96.75 if still in;
Watch BHARTIARTL>444 EXIDEIND>155 UNIPHOS>168 now;
All other Suggests can also surge if market goes up;
All for LONG; Follow PricePoints; Careful ...

NIFTY around 5530 now; Came down from a high of 5550;
Initial resistance of 5520 acting as support now;
More support is at 5500 and 5470-5450 levels;
Resistance now is at 5550; More resistance is at 5570-5575;
Range-bound trade likely to continue for some more time;
Market sentiments still uncertain...

 

ALERT-3: 1:00pm

Market still in the green; Going down;
Slowly but steadily losing the earnings of the day;
Only IDEA gave profits in LONG since last Alert;
Hold IDEA>97 if still in; See now BHARTIARTL>443;
All others can fire if market goes up; Europe in Green;
Wait & Watch if market goes up before taking position;
All for LONG; Follow PricePoints;

NIFTY around 5500 now; Going down from a high of 5550;
Support of 5520 breached; Next support of 5500 under threat now;
More support is at 5470-5450 levels; Resistance now is at 5530;
Market position volatile; Can turn both ways quickly;
More downward fall cannot be ruled out.

 

ALERT-4: 2:30pm

Market still in the green; Struggling to remain green;
Europe trading positive; Asia closing in the green;
Only HEXAWARE gave small profits in LONG since last Alert;
Hold IDEA>97 if in; BHARTIARTL>443 HEXAWARE>93.25 UNIPHOS>166
look good for LONG now in last hour if surge comes;
All for LONG; Follow PricePoints.

NIFTY around 5510 now; Came up from the low of 5485;
Strong support of 5500 was breached; Found local support at 5485;
Next support is at 5470-5450 levels; Resistance still at 5520-5530;
This needs to be crossed for upside to be established;
Market likely to continue upward recovery till end of day.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
419 422 432 435 440 445 449

Suggest-1:

BHARTIARTL

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
82.80 84.00 86.40 87.60 88.80 90.00 91.20

Suggest-2:

HEXAWARE

Approx. 1st Entry Point: Rs. 88.70
Approx. 1st Exit Point: Rs. 93.50
Avg. No. of Shares Traded: 670
Approx. Profit per Share: Rs. 4.80
Approx. Profit Today: Rs. 3210

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
158 160 164 166 168 170 172

Suggest-3:

UNIPHOS

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
145 147 152 154 157 159 161

Also See-1:

EXIDEIND

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
314 317 322 324 327 329 332

Also See-2:

HINDUNILVR

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
83.40 85.60 91.10 93.20 96.00 98.70 100.90

Also See-3:

IDEA

Approx. 1st Entry Point: Rs. 96.25
Approx. 1st Exit Point: Rs. 98.50
Avg. No. of Shares Traded: 620
Approx. Profit per Share: Rs. 2.25
Approx. Profit Today: Rs. 1395

 


 

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