IntradayTrade dot Net
Performance Results

Friday, 09-Sept-2011

  • There was steady decline today with higher volumes. Also, the FIIs were seen taking away more than 400cr from our markets. Two things can happen on Monday: either the market will ignore today's blip and continue with the interim rally, or the interim rally will be put to rest and the overall down trend will resume. Only time will tell.
  • Today was a good day for the Intraday Trader wanting to go SHORT. For players in the LONG area there was nothing to do but watch.
  • A rare BAD day for IntradayTrade dot Net as one of our Suggests went on to hit StopLoss today following our PricePoints and Alerts. Although there was spectacular profits recorded by another Suggest, we have to take the loss into our monthly profit calculations, as is convention.

 

SUGGESTS:

 

ARVIND

 

CHAMBLFERT

 

CIPLA

 

ALSO SEE:

AMBUJACEM

GODREJIND

ONGC


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat to Gap-down opening and cautious trading expected today;
All Asian markets opened gap-up today morning and are now trading OK;
US markets closed flat last night ahead of Obama's speech;
Dollar is slightly up at 46.0500; WTI Crude has gone down big to $88.60;
NIFTY support levels today are: 5110, 5085, 5070, 5050;
NIFTY resistance levels today are: 5180, 5210, 5230, 5250;
The market is turning positive; But without conviction;
Market expected to open flat today, and pick up with small rallies;
Follow our method: take small small profits and exit; Repeat;
Stay Away if in doubt about direction.

 

ALERT-1: 9:45am

Flat opening for the NIFTY; Going flat and very choppy now;
Asian markets are trading mixed; Our market on the line;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CIPLA 294 292 297 300 200
ONGC 263 261 266 270 230

Also keep a watch on AMBUJACEM>147 and CHAMBLFERT>118;
Follow PricePoints for these two and other Suggests; All for LONG;

NIFTY around 5150 now; Opened around same level; Going flat now;
Global cues mixed; Our market fluctuating around the line;
First Support is now at 5110; More Support is at 5085;
First Resistance is at 5180; Next is at 5200;
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 has taken a fall; Trading choppy; Negative bias;
No Suggest gave profits in LONG since last Alert;
ARVIND>88 ONGC>263.50 look good now if market turns up;
All other Suggests can fire anytime if market goes up;
All for LONG; Follow PricePoints.

NIFTY now around 5120 now; Came down from about 5160;
This 5110 is a strong Support level; More Support is at 5070-5085;
Resistance is at 5160; More Resistance is at 5180;
Global cues mostly bad; Europe opening is uncertain as of now;
Cautious trading with negative bias likely for some time;
Upside change possible after some time; Be careful ...

 

ALERT-3: 12:30pm

Market still in the red but very choppy; Slow recovery on;
ARVIND gave small profit in LONG since last Alert;
Hold ARVIND>90.50 if you are still invested in it;
See now ONGC>263 CIPLA>291.50 GODREJIND>212;
All Suggests can surge if market keeps going up;
All for LONG; Follow PricePoints;

NIFTY around 5135 now; Trading good with positive bias;
Support of 5110 holding strong; More Support is at 5070-5085;
Resistance is now at 5150-5160; More Resistance is at 5180;
Asia closing red; Europe slated to open flat or in red;
Current uptrend should hold for some time, but global cues are bad;
Careful... Do not lose profits already made.

 

ALERT-4: 2:30pm

Market deep in the red; NIFTY took a fall from 5145;
Europe in red; Whole world in the red at this time;
ARVIND gave profits in LONG since last Alert;
Hold ARVIND>93 if you are still invested in it;
AMBUJACEM(140) is stuck; No other Suggest look good now;
All for LONG; Follow PricePoints.

NIFTY around 5080 now; Went down from 5145 to a low of 5062;
Going flat with negative bias now;
Strong Resistance of 5150 has not been crossed;
Support of 5050 has also acted very strong;
NIFTY likely to end day within tight range;
But be careful of some more downside due to profit booking;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
80.60 81.60 83.90 84.90 86.10 87.30 88.30

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. 88.50
Approx. 1st Exit Point: Rs. 93.50
Avg. No. of Shares Traded: 670
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 3350

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
106 108 113 115 118 120 122

Suggest-2:

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
277 280 287 290 294 297 300

Suggest-3:

CIPLA

Approx. 1st Entry Point: Rs. 292
Approx. 1st Exit Point: Rs. S/L - 290
Avg. No. of Shares Traded: 200
Approx. Profit per Share: Rs. -2
Approx. Profit Today: Rs. -400

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
140 142 146 148 150 152 153

Also See-1:

AMBUJACEM

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
203 205 209 212 214 216 218

Also See-2:

GODREJIND

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
253 256 257 260 261 262 265

Also See-3:

ONGC

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