IntradayTrade dot Net
Performance Results

Tuesday, 23-Aug-2011

  • As expected, the relief rally continued today but didn't quite reach the levels we had predicted yesterday. 5100 can be reached tomorrow if we get some more volume. Point to note is that the intraday graphs for the last two days are similar: the Bears take charge initially but then the Bulls overtake them to end good. If the Bulls can take initial control the picture will be different.
  • We have done it again: all Suggests of IntradayTrade dot Net gave very good returns following our PricePoints and Alerts. Let our figures speak!

 

SUGGESTS:

 

ARVIND

 

HINDALCO

 

ORCHIDCHEM

 

ALSO SEE:

BHARTIARTL

JPASSOCIAT

PETRONET


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up to flat opening expected for our markets today;
Asian markets in the green; Almost all world markets in the green;
Dollar is slight down at 45.5200; WTI Crude has gone up to $84.22;
NIFTY support levels today are: 4840, 4800 and 4780;
NIFTY resistance levels today are: 4940, 4960 and 5020;
Turbulence to continue due to F&O expiry week;
Technical correction rally likely to continue today;
Follow same strategy — take small small profits and exit;
Stay Away if not sure of what you are doing;
NIFTY can touch 5100 if good volumes come in today.

 

ALERT-1: 9:45am

Gap-up opening for the NIFTY; Went down immediately;
Our market in the red now; Going flat; Asian markets in green;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 72.20 71.50 73.20 74.50 820
ORCHIDCHEM 203 200 206 208 280

Also keep a watch on BHARTIARTL>397 and HINDALCO>145.50;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 4885 now; Opened around 4927; Went down to 4875;
Market in the red; Uncertain sentiments; Trading weak;
4880 working as Support now; More Support is at 4840;
First resistance is at 4940; More resistance is at 4960;
Choppy and horizontal movement likely to continue for some time;
Be sure and certain before taking LONG position today also;
Keep following old policy: Take small small profits, then exit.

 

ALERT-2: 11:00am

Market in red; Trading with lots of choppyness;
BHARTIARTL PETRONET gave profit in LONG since last alert;
Hold BHARTIARTL>399 PETRONET>178 if you are still invested in them;
ARVIND(71.50) JPASSOCIAT(62) stuck; Can fire if market turns up;
Be careful; All for LONG; Follow PricePoints.

NIFTY just below 4900 now; Trading OK;
Resistance is at this level of 4900; More resistance is at 4940;
Support is at 4870; More support is at 4840;
Market likely to continue overall uptrend for sometime;
But downside can come; Stay Away if not absolutely sure of position;
Take small small profits if opportunity comes, then exit;
Repeat this many times over.

 

ALERT-3: 12:30pm

Market back in the green; NIFTY trading good with positive bias;
ALL SUGGESTS gave profits in LONG since last Alert;
Hold till upsurge holds; All Suggests will continue to give profits;
All for LONG; Follow PricePoints;

NIFTY around 4930 now; Has given a smart rally from day's low of 4864;
Now testing Resistance level of 4940; More Resistance is at 4960;
First Support is at 4890 now; More Support is still at 4870-4840;
Take small small profit, and exit; Repeat this many times over;
Do not risk profits already made; Careful...

 

ALERT-4: 2:30pm

Market deep in green; NIFTY has touched a high of 4960;
Major world markets trading in green at this time;
ALL SUGGESTS gave profits in LONG since last Alert;
Hold ARVIND>73.50 JPASSOCIAT>63.70 PETRONET>183 till surge holds;
Take position only if sure and certain;
All for LONG; Follow PricePoints.

NIFTY around 4940 now; Trading flat and OK;
Slight negative bias seen for tthe NIFTY at this point;
Now testing Resistance level of 4960; Resistance of 4940 passed;
First Support is at 4920 now; More Support is still at 4890;
Take small small profit, and exit; Repeat this many times over;
Do not risk profits already made; Beware of sudden downturn.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
63.80 65.10 68.50 69.80 71.50 73.20 74.50

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. 72.35
Approx. 1st Exit Point: Rs. 73.75
Avg. No. of Shares Traded: 820
Approx. Profit per Share: Rs. 1.40
Approx. Profit Today: Rs. 1140

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
130 132 140 142 146 150 152

Suggest-2:

HINDALCO

Approx. 1st Entry Point: Rs. 144.50
Approx. 1st Exit Point: Rs. 147
Avg. No. of Shares Traded: 400
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 1000

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
165 172 189 196 205 214 221

Suggest-3:

ORCHIDCHEM

Approx. 1st Entry Point: Rs. 199
Approx. 1st Exit Point: Rs. 202
Avg. No. of Shares Traded: 280
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 840

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
374 377 387 391 395 400 404

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. 398
Approx. 1st Exit Point: Rs. 404
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 6
Approx. Profit Today: Rs. 900

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
57.60 58.50 61.10 62.00 63.30 64.50 65.40

Also See-2:

JPASSOCIAT

Approx. 1st Entry Point: Rs. 62.25
Approx. 1st Exit Point: Rs. 63.50
Avg. No. of Shares Traded: 930
Approx. Profit per Share: Rs. 1.25
Approx. Profit Today: Rs. 1160

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
167 169 173 175 177 180 182

Also See-3:

PETRONET

Approx. 1st Entry Point: Rs. 178
Approx. 1st Exit Point: Rs. 183
Avg. No. of Shares Traded: 330
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 1650

 


 

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