IntradayTrade dot Net
Performance Results

Monday, 26-Sept-2011

  • The NIFTY has touched the projected low of 4750 today and the next long-term Support is at 4720. However, if today's low holds the 'W' formation on the daily chart can take the market higher significantly. To achieve this, global cues will have to become supportive and FII buying will have to return — it has to be noted that FIIs have taken out about Rs.4k crores from our market in the last 3 trading sessions.
  • Last Friday's chart pattern was almost repeated by the NIFTY today, and in line with that, our Suggests have also given good profits like on Friday last. All but one Suggest. JPASSOCIAT was one of the biggest grossers in the market today and it did an excellent job for our members.

 

SUGGESTS:

 

CIPLA

 

HEXAWARE

 

OPTOCIRCUI

 

ALSO SEE:

AMBUJACEM

BHARTIARTL

JPASSOCIAT


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat opening expected for our markets today;
Asian markets are trading bad after opening gap-down again;
European and US markets closed last night with on positive bias;
Dollar is up at 49.2400; WTI Crude has dropped below 80 to $79.96;
NIFTY support levels today are: 4840, 4800, 4750, 4720;
NIFTY resistance levels today are: 4900, 4925, 4950, 4980, 5000;
Market no longer considered positive for the near-term;
Technical mid-term downtrend for the NIFTY is to test 4720;
Global cues not supportive today morning;
This is F&O expiry week, some choppyness can be expected;
Market sentiments low; Careful in IntraDay Trading today for LONG.

 

ALERT-1: 09:40am

Flat opening for the NIFTY; Going flat with slight positive bias;
Asian markets are all trading negative; World sentiments down;
AMBUJACEM has done some good since opening;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMBUJACEM 146 145 149 151 400
JPASSOCIAT 68 67.40 70.50 72 850

Also keep a watch on BHARTIARTL>375 and OPTOCIRCUI>234 if surge holds;
Follow PricePoints for these two and other Suggests; All for LONG;

NIFTY around 4850 now; Opened around 4880 and went down to 4830;
Support is now at 4840-4830; More Support is at 4800;
First Resistance is now at 4920; More Resistance is at 4950;
NIFTY likely to trade weak and flat for some time;
There is big risk for Intraday Trading in LONG as downside possible;
Take small small profits, then exit; Repeat many times.

 

No further Alerts on this day.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
271 274 280 283 287 290 293

Suggest-1:

CIPLA

Approx. 1st Entry Point: Rs. 284
Approx. 1st Exit Point: Rs. 288
Avg. No. of Shares Traded: 210
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 840

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
68.50 70.60 72.00 74.10 74.70 75.40 77.50

Suggest-2:

HEXAWARE

Approx. 1st Entry Point: Rs. 73.50
Approx. 1st Exit Point: Rs. 74.50
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
199 205 222 229 237 245 252

Suggest-3:

OPTOCIRCUI

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
137 139 143 145 147 149 151

Also See-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. 145
Approx. 1st Exit Point: Rs. 147
Avg. No. of Shares Traded: 400
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 800

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
346 353 368 375 382 389 397

Also See-2:

BHARTIARTL

Approx. 1st Entry Point: Rs. 376
Approx. 1st Exit Point: Rs. 382
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 6
Approx. Profit Today: Rs. 900

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
61.20 62.70 65.80 67.40 68.90 70.50 72.00

Also See-3:

JPASSOCIAT

Approx. 1st Entry Point: Rs. 66.50
Approx. 1st Exit Point: Rs. 69.50
Avg. No. of Shares Traded: 850
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 2550

 


 

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