IntradayTrade dot Net
Performance Results

Wednesday, 07-Sept-2011

  • By normal standards, today was a fantastic day in the stock market as the SENSEX crossed 17k and the NIFTY crossed 5100. For the Intraday Trader, however, the opportunities were limited as the day started high and kept the uptrend throughout the day. No turbulence. So, if you can latch on to a growing scrip you have to hold on patiently to get your profit. Intraday Traders want choppy markets!
  • Volumes are holding and the charts are taking on a good shape. We can expect the upward swing to continue for a few more sessions provided the global cues do not give a negative surprise.
  • The Suggests of IntradayTrade dot Net did a 50-50 job today: 3 were very good and the other 3 were very bad. From the Intraday Traders point of view. We only hope that our members were able to latch onto one or more of the good ones. Our PricePoints and Alerts were very helpful today.

 

SUGGESTS:

 

APOLLOTYRE

 

ARVIND

 

SAIL

 

ALSO SEE:

AMBUJACEM

AMTEKAUTO

JPASSOCIAT


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up to flat opening and positive trading expected today;
All Asian markets opened gap-up today morning and are trading green;
US & Europe markets closed flat and mixed yesterday night;
Dollar is up slightly at 46.0000; WTI Crude has gone up to $86.36;
NIFTY support levels today are: 5025, 5000, 4985, 4965, 4950;
NIFTY resistance levels today are: 5095-5100, 5120, 5150, 5200;
Technically the market still remains weak; Turbulence expected;
Market expected to open flat today, and pick up later;
Follow our method: take small small profits and exit; Repeat;
Stay Away if in doubt about direction.

 

ALERT-1: 10:00am

Slight Gap-up opening for the NIFTY; Going flat now;
World markets are trading in the green; Our market in green;
AMBUJACEM done OK on opening; Hold AMBUJACEM if in;
Or, Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMBUJACEM 143 141 145 147 410
JPASSOCIAT 69.50 68 71 72 860

Also keep a watch on ARVIND>83 and SAIL>118;
Follow PricePoints for these two and other Suggests; All for LONG;

NIFTY around 5100 now; Opened around 5080; Going flat now;
Global cues are OK; Our market has slight positive bias;
First Support is now on the line at 5060-5065;
More Support is at 5025; First Resistance is at 5100;
NIFTY testing this Resistance level now;
More Resistance is in the range of 5120-5150;
Range-bound trading with positive bias likely 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 green; Trading flat; Uncertain bias now;
ARVIND gave profits in LONG since last Alert;
Hold AMBUJACEM>143 JPASSOCIAT>70 SAIL>118 if in;
AMTEKAUTO>149 look good now if market turns up;
All for LONG; Follow PricePoints.

NIFTY still around 5100-5120 now; Cannot cross this level;
More Resistance is at 5150; First Support is at 5060-5065;
More Support is at 5025; Global cues are good;
Range-bound trading with positive bias likely for some time;
Sudden direction change on both sides can come;
Upside change more probable; Be careful ...

 

ALERT-3: 12:30pm

Market deep in green; Going good; Positive bias;
AMBUJACEM JPASSOCIAT SAIL gave profits in LONG since last Alert;
Hold AMBUJACEM>145 JPASSOCIAT>70.50 SAIL>120 if you are still in them;
All other Suggests can surge if market stays up;
Specially APOLLOTYRE>63.70 and ARVIND which is stuck at 83.50;
All for LONG; Follow PricePoints;

NIFTY around 5130 now; Trading good but taking a breather now;
Resistance has been found at 5140; More Resistance is at 5150;
Support is now in the 5090 area and then at 5060-5065;
Asia closing in the green; Europe slated to open in the green;
Movement and momentum very positive now; Likely to continue;
Direction change downwards can come due to profit booking;
Careful... Do not lose profits already made.

 

ALERT-4: 2:30pm

Market in the green; NIFTY holding on to gains throughout;
Whole world is turning into green at this time;
JPASSOCIAT SAIL gave profits in LONG since last Alert;
Hold JPASSOCIAT>71 if you are still invested in it;
AMBUJACEM(145) ARVIND(83.50) stuck; Can fire in last hour;
All for LONG; Follow PricePoints.

NIFTY around 5145 now; Went up from a low of 5090;
Trading with positive bias; But taking another breather now;
Market following "Stop, See & Go" method; This is likely to continue;
5100, 5120 have been surpassed; Resistance of 5150 under test now;
Next Resistance is at 5200; Support is now at 5120 and 5090;
Be careful of some downside due to profit booking;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
57.80 58.80 61.40 62.50 63.80 65.10 66.10

Suggest-1:

APOLLOTYRE

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
74.20 77.20 79.10 82.00 83.00 83.90 86.90

Suggest-2:

ARVIND

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
106 108 113 115 118 121 123

Suggest-3:

SAIL

Approx. 1st Entry Point: Rs. 119
Approx. 1st Exit Point: Rs. 122
Avg. No. of Shares Traded: 500
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1500

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
126 128 135 138 141 145 147

Also See-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. 143
Approx. 1st Exit Point: Rs. 148
Avg. No. of Shares Traded: 410
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 2050

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
131 134 143 146 150 154 158

Also See-2:

AMTEKAUTO

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
59.40 60.90 64.30 65.80 67.50 69.20 70.70

Also See-3:

JPASSOCIAT

Approx. 1st Entry Point: Rs. 69.75
Approx. 1st Exit Point: Rs. 71.50
Avg. No. of Shares Traded: 860
Approx. Profit per Share: Rs. 1.75
Approx. Profit Today: Rs. 1505

 


 

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