IntradayTrade dot Net
Performance Results

Friday, 23-Sept-2011

  • There was a lot of turbulence in the market today and the Indexes made a great effort in trying not to go down further. The choppyness was welcome for intraday traders who had a very good day. The near-term outlook is negative but a relief rally can be expected next week. This is also suggested by the NIFTY daily chart pattern.
  • Today was a good day for IntradayTrade dot Net with all our Suggests giving adequate and easy profits in LONG following our pricePoints and Alerts. BHARTIARTL was the show-stealer today specially because there was nothing in its charts to select it as a Suggest. And see what it has done!

 

SUGGESTS:

 

ARVIND

 

HEXAWARE

 

MUNDRAPORT

 

ALSO SEE:

BHARTIARTL

DISHTV

SESAGOA


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down opening expected for our markets today also;
Major Asian markets are trading bad after opening gap-down again;
European and US markets closed last night with 'biggest fall in history';
Dollar is up at 49.5700; WTI Crude has dropped to $81.03;
NIFTY support levels today are: 4895, 4865, 4840, 4800;
NIFTY resistance levels today are: 4950, 4980, 5000, 5020;
Market no longer considered positive for the near-term;
Technical mid-term downtrend for the NIFTY is now projected till 4720;
International cues not supportive today morning;
Cautious opening expected; Market sentiments low;
Be careful in IntraDay Trading today for LONG.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Trying to makeup now;
Asian markets are all trading negative; Whole world is in the red;
DISHTV has done some good since opening; Hold DISHTV>76.50 if in;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 97 96 99 102 610
MUNDRAPORT 147 146 150 152 400

Also keep a watch on BHARTIARTL>365 and HEXAWARE>75.50 if surge holds;
Follow PricePoints for these two and other Suggests; All for LONG;

NIFTY around 4890 now; Opened around same level;
Went down to 4850; Going up from there;
Support is now at 4840-4850; More Support is at 4800;
First Resistance is now at 4950; More Resistance is at 4980;
NIFTY likely to trade robust and gain further;
There is still risk for Intraday Trading in LONG;
Take small small profits, then exit; Repeat many times.

 

ALERT-2: 11:00am

Market in the red; Trading flat; Trading quiet;
Upsurge was tried, but did not hold;
BHARTIARTL MUNDRAPORT gave profits in LONG since last Alert;
Hold MUNDRAPORT>148 if in; Watch BHARTIARTL>376 now;
All Suggests can fire if market turns up and holds;
All for LONG; Follow PricePoints.

NIFTY trading between 4850-4900 since opening;
Seems to have found Support at 4850; More Support is at 4800;
First Resistance is now at 4900; More Resistance is at 4950;
NIFTY likely to trade flat within range for some time;
More downside possible; Asian markets bad; Global meltdown continues;
However, European markets are scheduled to open good.

 

ALERT-3: 12:30pm

Market still in the red; Another breakout attempt is in progress now;
Asian markets levelling out; Europe expected to open in the green;
No Suggest gave profits in LONG since last Alert;
See now ARVIND>94.50 BHARTIARTL>375 DISHTV>76.50 SESAGOA>209;
These and all other Suggests can fire if Market continues up;
All for LONG; Follow PricePoints;

NIFTY around 4900 now; Came up from a low of 4835;
Cannot cross strong Resistance of 4900; Next Res is at 4950;
Support is now at 4830-4840; More Support is at 4800;
NIFTY likely to trade flat within range for some time;
Some upside is possible if Europe opens good and trades firm;
Careful... do not lose profit already made.

 

ALERT-4: 2:45pm

Market back in the red; NIFTY had made good recovery from day's low;
Europe in green but trading weak and choppy;
Asian markets have closed in the red but off day's lows;
Most Suggests gave profit in LONG since our Alert;
ARVIND>95 BHARTIARTL>380 DISHTV>77.50 still good for LONG if surge holds;
All other Suggests can also go up if surge holds;
All for LONG; Follow PricePoints.

NIFTY around 4885 now; Came up steadily from 4840 went up till 4925;
Now trading choppy with slight negative bias;
First Support is now at 4865; More Support is at 4830-4840;
First Resistance is now at 4930; Further Resistance is at 4950;
Upsurge now looks capped on the line; More choppy trading till end of day;
Safeguard your profits; Do not risk it in last hour.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
86 90 92 96 97 98 102

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. 94.50
Approx. 1st Exit Point: Rs. 95.50
Avg. No. of Shares Traded: 610
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 610

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
69.10 71.20 72.40 74.50 75.10 75.70 77.80

Suggest-2:

HEXAWARE

Approx. 1st Entry Point: Rs. 75
Approx. 1st Exit Point: Rs. 76
Avg. No. of Shares Traded: 800
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 800

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
123 133 137 147 149 151 161

Suggest-3:

MUNDRAPORT

Approx. 1st Entry Point: Rs. 148
Approx. 1st Exit Point: Rs. 151
Avg. No. of Shares Traded: 400
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1200

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
339 354 360 374 378 381 395

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. 366
Approx. 1st Exit Point: Rs. 376
Approx. 2nd Entry Point: Rs. 376
Approx. 2nd Exit Point: Rs. 382
Avg. No. of Shares Traded: 160
Approx. Profit per Share: Rs. 16 (10+6)
Approx. Profit Today: Rs. 2560

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
68.20 70.90 72.50 75.20 76.00 76.80 79.50

Also See-2:

DISHTV

Approx. 1st Entry Point: Rs. 76
Approx. 1st Exit Point: Rs. 77.50
Avg. No. of Shares Traded: 780
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 1170

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
203 207 209 213 214 215 219

Also See-3:

SESAGOA

Approx. 1st Entry Point: Rs. 209.50
Approx. 1st Exit Point: Rs. 211.50
Avg. No. of Shares Traded: 280
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 560

 


 

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