IntradayTrade dot Net
Performance Results

Wednesday, 24-Aug-2011

  • Volumes never came and the rally fizzled out. The very solid support the NIFTY had at the level of 4900 was breached on closing after it put up a grand fight throughout the day. At closing, the NIFTY closed at the next support level of 4880. But the upside is not yet over.
  • We feel the way the market is behaving, with total disregard to good European and US cues, and the total mayhem being created on the daily charts, all this has a lot to do with what is happening at the RamLila Grounds at Delhi. If that tangle is resolved tomorrow it is expected that our market will shoot up.
  • On a weak and bad day whatever the Suggests of IntradayTrade dot Net have managed to do were good enough. Our PricePoints and Alerts were quite effective and we did not give any Alert that could have taken our members to a loss position. This is important!

 

SUGGESTS:

 

ARVIND

 

PETRONET

 

YESBANK

 

ALSO SEE:

ITC

RUCHISOYA

TVSMOTOR


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat to Gap-up opening expected for our markets today;
Asian markets mostly down; US & Europe closed green;
Dollar is slight up at 45.6250; WTI Crude has gone up to $85.71;
NIFTY support levels today are: 4920-4930, 4900 and 4880;
NIFTY resistance levels today are: 4990-5000, 5020-5040 and 5080;
Turbulence to continue due to F&O expiry week;
Technical correction rally likely to continue later today;
Follow old method: take small small profits and exit; Repeat;
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-down opening for the NIFTY; Went up immediately;
Our market on the line now; Asian markets mixed;
ARVIND PETRONET doing OK now; Hold them if in;
Or, Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 75.50 74 77 78 790
PETRONET 185.50 184 188 200 320

Also keep a watch on RUCHISOYA>103 TVSMOTOR>54.80 YESBANK>285;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 4960 now; Opened around 4935; Went down to 4920;
Market in the green; Good sentiments; Trading strong;
Support of 4920 holding now; More Support is at 4900;
First resistance of 4960 under test now; More resistance is at 4990;
Choppy but positive movement likely to continue for some time;
Be sure and certain before taking LONG positions;
Take small small profits, then exit; Repeat many times.

 

ALERT-2: 11:00am

Market in red; Trading with lots of choppyness;
RUCHISOYA gave slight profit in LONG since last alert;
Hold ARVIND>75.50 if you are still invested in it;
Watch TVSMOTOR>54.20 YESBANK>283 now;
Be careful; All for LONG; Follow PricePoints.

NIFTY just below 4940 now; Trading negative;
Resistance of 4960 proved strong; NIFTY could not cross it;
More resistance is at 4990; Support is at 4920; Then at 4900;
Market likely to continue sidewise movement for sometime;
But downside can come; Stay Away if not absolutely sure;
Take small small profits if opportunity comes, then exit;
Repeat this many times over.

 

ALERT-3: 12:30pm

Market still in the red; NIFTY trading flat with positive bias;
ARVIND gave profits in LONG since last Alert;
ARVIND>75.25 ITC>201.5 PETRONET>182 good if upsurge comes;
All for LONG; Follow PricePoints;

NIFTY around 4925 now; Going flat with 4900 as the low;
Now testing Resistance level of 4930; More Resistance is at 4960;
First Support is now at 4900 now; This has acted strong;
Asia closing red; Await Europe opening for more direction today;
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 red; Fluctuating within a range;
Europe trading in green at this time;
ARVIND ITC gave profits in LONG since last Alert;
YESBANK also gave profit but outside our Alerts;
Hold ITC>203.50 if you are still in it;
ARVIND>75.50 good for LONG if surge comes;
Take position only if sure and certain;
All for LONG; Follow PricePoints.

NIFTY around 4920 now; Trading within range of 4900-4930;
Uncertain bias seen for the NIFTY at this point;
Resistance level of 4930 proving to be very strong;
Support of 4900 also very solid; Likely to hold;
More Support is at 4880 now; Next Resistance is at 4960;
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
68.80 69.70 72.10 73.00 74.20 75.50 76.40

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. 75
Approx. 1st Exit Point: Rs. 76
Avg. No. of Shares Traded: 790
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 790

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
171 173 179 182 185 188 190

Suggest-2:

PETRONET

Approx. 1st Entry Point: Rs. 184.50
Approx. 1st Exit Point: Rs. 185.50
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
253 258 271 276 283 289 294

Suggest-3:

YESBANK

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
196 197 201 203 204 206 208

Also See-1:

ITC

Approx. 1st Entry Point: Rs. 202
Approx. 1st Exit Point: Rs. 204
Avg. No. of Shares Traded: 290
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 580

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
92 94 100 102 105 108 110

Also See-2:

RUCHISOYA

Approx. 1st Entry Point: Rs. 101.50
Approx. 1st Exit Point: Rs. 103
Avg. No. of Shares Traded: 590
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 880

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
49.70 50.60 52.80 53.60 54.70 55.80 56.70

Also See-3:

TVSMOTOR

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