IntradayTrade dot Net
Performance Results

Tuesday, 06-Sept-2011

  • Good bytes from BP (RIL's JV partner), our Govt. and RBI and the unexpected bounce-back of the European markets helped us to regain some ground and close positive at the end. Earlier, we had a bad opening and sustained bouts of profit booking that kept the indexes down till about 12noon.
  • There are a lot of shorts still left in the system and although we may see another rise tomorrow, the upswing may not sustain. This will add to the turbulence which is good for Intraday Traders.
  • The Suggests of IntradayTrade dot Net did an OK job after mid-day today in LONG following our PricePoints and Alerts. Constant monitoring was required to attain the profits, which were nothing spectacular.

 

SUGGESTS:

 

APOLLOTYRE

 

ARVIND

 

RCOM

 

ALSO SEE:

CHAMBLFERT

ESSAROIL

TATASTEEL


 

SMS ALERTS for today

Pre-Market: 8:30am

Another Gap-down opening and cautious trading expected today also;
All Asian markets opened gap-down today morning and are trading red;
US & Europe markets closed with more than 2% in the red yesterday;
Dollar is up slightly at 45.8100; WTI Crude has gone down big to $83.64;
NIFTY support levels today are: 4985, 4965, 4950, 4930;
NIFTY resistance levels today are: 5030, 5045, 5065, 5100;
Technically the market remains weak; Turbulence expected;
Market expected to open with negative trend, but likely to change later;
Follow our method: take small small profits and exit; Repeat;
Stay Away if in doubt about direction.

 

ALERT-1: 9:45am

30-point Gap-down opening for the NIFTY; Going down now;
World markets are trading in the red; Our market in red;
CHAMBLFERT done OK on opening; Hold CHAMBLFERT if in;
Or, Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 84.50 83.10 86.00 86.90 700
CHAMBLFERT 116 114 118 120 510

Also keep a watch on APOLLOTYRE>62.50 and RCOM>88.50;
Follow PricePoints for these two and other Suggests; All for LONG;

NIFTY around 4985 now; Opened around this level; Going flat;
Global cues are bad; Our market has slight negative bias;
First Support is now at current level of 4980-4985;
More Support is at 4965-4950; First Resistance is at 5000;
More Resistance is in the range of 5020-5030;
Uncertain range-bound trading likely to be seen 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 weak; Negative bias now;
No Suggest gave profits in LONG since last Alert;
None look good now for LONG;
APOLLOTYRE>61.50 CHAMBLFERT>115.50 RCOM>85.50 good if mkt turns up;
All for LONG; Follow PricePoints.

NIFTY around 4960 now; Came down from the day's opening;
Found Support at 4945-4950; NIFTY Holding on to this Support;
Resistance is at 5000; More Resistance is at 5020-5030;
Uncertain trading with slight positive bias likely;
Sudden direction change on both sides can come;
Be careful ...

 

ALERT-3: 12:30pm

Market still in red; Going Choppy; Recovery attempt in progress now;
No Suggest gave profits in LONG since last Alert;
Hold ARVIND>81.50 if you are still invested in it;
All Suggest can surge if market stays up;
Specially APOLLOTYRE>61.50 CHAMBLFERT>114 TATASTEEL>485;
All for LONG; Follow PricePoints;

NIFTY around 4995 now; Trading good and approaching the 5000-mark;
Previous bottom created at Support of 4945-4950 holds;
NIFTY faces stiff Resistance at 5000; More Resistance is at 5020;
Asia closing in the red; Europe slated to open in the red;
Movement and momentum very positive now; Likely to continue;
Direction change downwards can come due to bad global cues;
Be careful not to lose profits already made.

 

ALERT-4: 3:00pm

Market back in the green; NIFTY recovered more than 110-points;
Whole world is turning into green at this time;
Except CHAMBLFERT All Suggests gave profits in LONG since last Alert;
Hold APOLLOTYRE>63 ESSAROIL>92 if you are still invested in it;
All for LONG; Follow PricePoints.

NIFTY around 5070 now; Went up from a low of 4945;
Trading with positive bias now; This is likely to continue;
Found Support at 4945 and Resistance of 5065 under test now;
Next Resistance is at 5100; This is likely to hold for the day;
But be careful of more downside due to profit booking;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
56.00 57.10 59.80 60.90 62.20 63.60 64.70

Suggest-1:

APOLLOTYRE

Approx. 1st Entry Point: Rs. 61.70
Approx. 1st Exit Point: Rs. 63.20
Avg. No. of Shares Traded: 970
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 1450

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
76.50 77.90 81.70 83.10 85.00 86.90 88.30

Suggest-2:

ARVIND

Approx. 1st Entry Point: Rs. 81.70
Approx. 1st Exit Point: Rs. 83
Avg. No. of Shares Traded: 700
Approx. Profit per Share: Rs. 1.30
Approx. Profit Today: Rs. 900

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
79.30 80.90 85.30 86.90 89.00 91.20 92.80

Suggest-3:

RCOM

Approx. 1st Entry Point: Rs. 86
Approx. 1st Exit Point: Rs. 87
Avg. No. of Shares Traded: 680
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 680

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
107 109 112 114 116 118 120

Also See-1:

CHAMBLFERT

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
81 84 89 92 95 98 100

Also See-2:

ESSAROIL

Approx. 1st Entry Point: Rs. 90.50
Approx. 1st Exit Point: Rs. 92
Avg. No. of Shares Traded: 660
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 990

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
472 476 487 492 497 503 507

Also See-3:

TATASTEEL

Approx. 1st Entry Point: Rs. 487
Approx. 1st Exit Point: Rs. 497
Avg. No. of Shares Traded: 120
Approx. Profit per Share: Rs. 10
Approx. Profit Today: Rs. 1200

 


 

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