IntradayTrade dot Net
Performance Results

Tuesday, 30-Aug-2011

  • Yesterday we had a smooth run right up, but today there were small fights between the Bears and the Bulls throughout the day. Good volumes and the fact that the NIFTY has closed above the 5k-mark in spite of bad GDP figures, should bring cheers all around.
  • This will be only a 3-day week as we are closed tomorrow for ID and the day after for Ganesh Puja. Markets will open again on Friday, 02-Sept-2011.
  • Like yesterday, compared to the upside the market has seen, the Suggests of IntradayTrade dot Net did not produce very good results today following our PricePoints and Alerts. ALL our Suggests did very well from the point of view of the normal investor in the stock market taking delivery. But for the intraday trader they were not very productive even after the latitude shown by the NIFTY. Look at ITC. We'll surely take a hard look at this.

 

SUGGESTS:

 

ARVIND

 

ITC

 

TCS

 

ALSO SEE:

DLF

IDFC

TATASTEEL


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening and strong trading expected for our markets today;
All Asian markets opened with big gap-up today morning;
US & Europe markets closed good in the green last night;
Dollar is slightly down at 45.9120; WTI Crude has gone up to $87.62;
NIFTY support levels today are: 4850, 4800 and 4720;
NIFTY resistance levels today are: 4950, 4970 and 5000;
Technically the market is in a pullback and still weak;
Market expected to stay up now, but likely to go down later;
Follow same method: take small small profits and exit; Repeat;
Stay Away if in doubt about direction.

 

ALERT-1: 9:45am

Gap-up opening for the NIFTY; Slight downward bias now;
World markets are trading in the green;
TATASTEEL doing OK since opening; Hold TATASTEEL>467 if in;
Or, Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATASTEEL 467 460 475 480 130
ARVIND 77.80 77 79 80 770

Also keep a watch on DLF>193.50 and IDFC>113.50;
Follow PricePoints for these and other Suggests; All for LONG;

NIFTY around 4960 now; Opened at 4980; Going down from there;
Global cues are good; Our market struggling to hold on to gains;
First Support is at 4950; More Support is at 4910;
First Resistance is at 5000; More Resistance is at 5050;
Uncertain trading with negative bias likely to be seen;
Be sure and certain before taking LONG positions;
Take small small profits, then exit; Repeat many times.

 

ALERT-2: 11:00am

Market in green; Trading flat; Neutral bias now;
No Suggest gave profits in LONG; Discard old levels;
Watch DLF>192 ITC>203 TATASTEEL>467 if market turns up;
All for LONG; Follow PricePoints.

NIFTY around 4980 now; Recovered a little from the day's low;
Our market is about 60-points plus; Global cues are good;
Support at 4950 has acted strong; Still active;
More Support is at 4910; First Resistance is still at 5000;
Flat trading likely to continue with slight positive bias;
Sudden direction change on both sides can come;
Take small small profits, then exit; Repeat;
Be careful not to lose profits already made.

 

ALERT-3: 12:30pm

Market in green; Going Choppy; Uncertain bias;
DLF IDFC TATASTEEL gave profits in LONG since last Alert;
Hold DLF>193 IDFC>114 if you are still invested in them;
TATASTEEL>469 TCS>1038 good if market keeps going up;
All for LONG; Follow PricePoints;

NIFTY around 4960 now; Went down to 4930 from 4985;
There was a profit booking downward slope;
Found Support at 4930; Earlier Support of 4950 was broken;
Resistance is now at 4970-4990-5000;
Asia closing positive; Europe slated to open positive;
Movement with upward bias likely to continue;
Profit booking direction change downwards can come again;
Be careful not to lose profits already made.

 

ALERT-4: 2:30pm

Market deep in the green; NIFTY above 5000; Going good;
World markets are trading mixed at this time;
DLF IDFC gave profits in LONG since last Alert;
Hold DLF>195 TATASTEEL>470 if you are still invested in them;
IDFC>115.50 ITC>201 look good for LONG at this time;
All Suggests can fire if upsurge continues;
All for LONG; Follow PricePoints.

NIFTY above 5000 now; Trading with strong positive bias;
Found Support at 4950 and Resistance at 5010;
NIFTY Resistance of 5010 under test now; Next is 5050;
Support is now at 4970 and then at 4950;
Market likely to level out now and close strong;
Be careful of sudden downside due to profit booking;
Take small small profit, and exit; Repeat this many times over;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
70 71 74 75 77 79 80

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. 78
Approx. 1st Exit Point: Rs. 79
Avg. No. of Shares Traded: 770
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 770

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
190 193 198 201 204 206 209

Suggest-2:

ITC

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
932 948 992 1008 1030 1052 1068

Suggest-3:

TCS

Approx. 1st Entry Point: Rs. 1040
Approx. 1st Exit Point: Rs. 1045
Avg. No. of Shares Traded: 57
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 285

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
174 176 181 184 186 189 191

Also See-1:

DLF

Approx. 1st Entry Point: Rs. 193
Approx. 1st Exit Point: Rs. 198
Avg. No. of Shares Traded: 320
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 1600

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
104 105 109 110 112 113 115

Also See-2:

IDFC

Approx. 1st Entry Point: Rs. 114
Approx. 1st Exit Point: Rs. 115.50
Avg. No. of Shares Traded: 530
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 795

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
414 420 437 444 452 460 467

Also See-3:

TATASTEEL

Approx. 1st Entry Point: Rs. 468
Approx. 1st Exit Point: Rs. 472
Avg. No. of Shares Traded: 130
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 520

 


 

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