IntradayTrade dot Net
Performance Results

Friday, 12-Aug-2011

  • All Pundits were proved convincingly wrong today as the SENSEX went back below 17k and the NIFTY closed below 5100. And all this happened, quite surprisingly, despite decent global cues and better-than-expected June IIP data. Now the question is: how far down do we go before the uptrend starts? Difficult to pinpoint right now, but with the feel-good factor over the extended weekend, a bottom will be formed next week.
  • As can be expected on a day like this, the Suggests of IntradayTrade dot Net were not expected to perform very. Realising this, we had asked our members to largely 'Stay Away' from trading today in our Alerts. Despite that, whatever profits have come are very welcome. More importantly, we did not give out any Alert that could have taken our members to a loss position. This could have easily happened today!

 

SUGGESTS:

 

EXIDEIND

 

NTPC

 

WELCORP

 

ALSO SEE:

KOTAKBANK

RENUKA

TATAMOTORS


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening and positive trading expected for our markets today;
Asian markets are trading good; DOW closed with 400+ gain;
Dollar is up at 45.1800; WTI Crude is also increased to $85.23;
NIFTY support levels today are: 5100, 5080 and 5050;
NIFTY resistance levels today are: 5175, 5210 and 5225;
Results today: BAJAJHIND HINDALCO TATASTEEL UNITECH & others;
Volatility is expected to be reduced in today's trading;
Chances of a profit booking bout at higher levels likely.

 

ALERT-1: 9:45am

Gap-up opening for the NIFTY; But went down big immediately;
Going flat now; In the green; Whole world is in green;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
EXIDEIND 166 164 168 170 360
TATAMOTORS 835 830 842 848 68

Also keep a watch on KOTAKBANK>474 and RENUKA>65.50;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 5160 now; Opened above 5190; Went down to 5145;
Going choppy now; Outlook uncertain;
Support was created earlier at 5140; Still holding strong;
Next support is at 5120 and strong support is at 5100;
First resistance is still at 5170-5180;
Next resistance is at 5210-5225 levels;
Market likely to move flat and uncertain for some time;
Be cautious ... Market yet to stabilise.

 

ALERT-2: 11:00am

Market fluctuating wildly; Going choppy now;
No Suggest given profit in LONG since last Alert;
Watch RENUKA>65.25 TATAMOTORS>812 now; Can fire if surge comes;
Difficult day today; Best to 'Stay Away' if not sure;
All for LONG; Follow PricePoints.

NIFTY around 5145 now; Fluctuating between 5120 and 5160;
Going choppy with no definite direction now;
Support has been created at 5120-5130; Next support is at 5100;
Resistance of 5170 still holding strong;
Next resistance is at 5210-5225 levels;
Market likely to remain choppy and directionless for sometime.

 

ALERT-3: 12:30pm

Market in red now; Took a fall since last Alert;
Nothing working today; No Suggest giving profits;
Watch NTPC>177 RENUKA>65.25 WELCORP>144.50 now;
All Suggests can fire if positive trend comes in;
Difficult day today; Best to 'Stay Away' if not sure;
All for LONG; Follow PricePoints;

NIFTY around 5090 now; Trading with negative bias;
Support of 5100 is under test; Seems to have breached this;
Next support is at 5050; NIFTY likely to test this also today;
Resistance is on the line at 5140; Next is at 5170;
These seem to be far away; Trend now is down;
Watch Europe opening as that might give different direction.

 

ALERT-4: 2:30pm

Market in red; Going flat now; No direction;
Europe trading positive; Short-Selling ban in Europe;
WELCORP gave profit; Hold WELCORP>146 if in;
KOTAKBANK>465 RENUKA>64.50 TATAMOTORS>806 good if surge comes;
NTPC(176.50) is stuck; Can fire if upsurge comes;
All for LONG; Follow PricePoints.

NIFTY around 5080 now; Fluctuating in a range of 5060 to 5100;
Resistance at 5050 holding for now; Likely to hold on;
We believe NIFTY will rise to the line and close around 5150;
Careful... Do not risk profit already made...

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
147 150 156 159 162 165 168

Suggest-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
170 172 176 178 180 182 183

Suggest-2:

NTPC

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
127 130 140 143 148 153 156

Suggest-3:

WELCORP

Approx. 1st Entry Point: Rs. 144.70
Approx. 1st Exit Point: Rs. 146.70
Avg. No. of Shares Traded: 410
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 820

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
438 445 462 469 478 486 493

Also See-1:

KOTAKBANK

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
57.10 58.60 61.90 63.40 65.00 66.70 68.20

Also See-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
787 802 833 848 863 879 894

Also See-3:

TATAMOTORS

Approx. 1st Entry Point: Rs. 802
Approx. 1st Exit Point: Rs. 806
Avg. No. of Shares Traded: 75
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 300

 


 

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