IntradayTrade dot Net
Performance Results

Tuesday, 02-Aug-2011

  • Today was almost the opposite of what happened yesterday: the market opened gap-down and remained in a range for quite a long time. Then, as it seemed there will be a big slide, the bulls pulled the market back a bit. Yesterday we said, "The bears are not quite done." Today we are saying, "The bulls are not quite done."
  • The way the market played today, it was not expected that the Suggests of IntradayTrade dot Net will do anything great in LONG. But what 2 of our Suggests did produce in LONG following our PricePoints and Alerts, were good enough.

 

SUGGESTS:

 

HEXAWARE

 

IDEA

 

POWERGRID

 

ALSO SEE:

BHARTIARTL

DISHTV

TATASTEEL


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down cautious opening expected for our markets today;
Asian markets are trading red; The whole world is in the red;
Dollar is up at 44.0000; WTI Crude is more down to $95.26;
NIFTY support levels today are: 5485, 5470 and 5450;
NIFTY resistance levels today are: 5530, 5580 and 5600;
Results today: DLF, PowerGrid, UB Holdings, Piramal & others;
Cautious and subdued trading expected in the beginning;
But with positive bias; Good chances of consolidation as day progresses;
Wait for market to stabilise before taking position.

 

ALERT-1: 9:45am

Gap-down opening for the NIFTY; Going down now;
World markets in the red; Our market sentiments low;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
POWERGRID 108 106 110 111 550
TATASTEEL 573 568 577 581 100

Also keep a watch on DISHTV>85.50 and IDEA>96.50;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5465 now; Opened around 5495;
First support of 5485 broken, 5470 now under attack;
Next support is at 5450-5430 levels;
More downside if this is crossed;
Resistance is now at 5500 and then at 5530;
Market likely to have some sidewise movement;
Overall sentiments are mixed; Careful...

 

ALERT-2: 11:00am

Market deep in the red; Going down slow but steady;
No Suggest given any profit in LONG since last Alert;
Watch BHARTIARTL>433 POWERGRID>107.80 HEXAWARE>89.50 now;
All other Suggests can also surge if market goes up;
All for LONG; Follow PricePoints; Careful ...

NIFTY around 5460 now; Came down from a high of 5495;
Initial supports of 5485 and 5470 broken;
Support of 5450 holding now; Looks like it can hold for some time;
Resistance is still at 5500 and then at 5530;
Sidewise movement likely to continue for some more time;
Market has distinct negative bias; Revival possible.

 

ALERT-3: 12:30pm

Market still in the red; Going flat now;
BHARTIARTL given profit in LONG since last Alert;
Hold BHARTIARTL>433; HEXAWARE IDEA POWERGRID are stuck;
HEXAWARE(89) IDEA(95) POWERGRID(108) can fire if market goes up;
All for LONG; Follow PricePoints;

NIFTY around 5470 now; Support of 5450 holding now;
Looks like it can hold on for some time;
Resistance is still at 5500 and then at 5530;
Market fluctuating in the range of 5450-5470 since 9:30am;
Sidewise movement likely to continue for some more time;
Market now has uncertain bias; We still say: Revival possible.

 

ALERT-4: 2:30pm

Market deep in the red; Struggling to stage a come-back;
Europe trading negative; Asia closing in the red;
No Suggest gave profit in LONG since last Alert;
BHARTIARTL>432 DISHTV>84 HEXAWARE>89 IDEA>95
look good for LONG now in last hour if surge sustains;
All for LONG; Follow PricePoints.

NIFTY around 5450 now; Came up from the low of 5430;
Support of 5430 holding for now; Next support is at 5400;
Resistance still at 5500-5520-5530 levels;
Market likely to continue upward recovery till end of day.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
83.50 85.40 89.90 91.80 94.10 96.40 98.30

Suggest-1:

HEXAWARE

Approx. 1st Entry Point: Rs. 89.50
Approx. 1st Exit Point: Rs. 91
Avg. No. of Shares Traded: 670
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 1005

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
93 94 97 98 99 101 102

Suggest-2:

IDEA

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
103 104 106 107 109 110 111

Suggest-3:

POWERGRID

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
430 434 440 444 447 450 454

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. 432
Approx. 1st Exit Point: Rs. 434
Avg. No. of Shares Traded: 130
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 260

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
83.80 84.40 85.60 86.20 86.80 87.40 88.00

Also See-2:

DISHTV

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
555 559 568 572 577 581 585

Also See-3:

TATASTEEL

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