IntradayTrade dot Net
Performance Results

Tuesday, 27-Sept-2011

  • What we said yesterday became true today as global cues have become supportive and FII buying has returned, or rather, the heavy selling has stopped. We say this again: if the lows made on Monday holds, we will see significant upsurge in the market. So far, so good.
  • As it has happened so many times in the past, a day that is very good for the normal trader has hardly anything to offer to the intraday trader. Those who could latch on to one of the steady-growers could make good money. Others were not so lucky as the rise was very gradual and there was hardly any latitude. No opportunity. Under these circumstances, the Suggests of IntradayTrade dot Net did an OK job.

 

SUGGESTS:

 

AMBUJACEM

 

BHARTIARTL

 

JPASSOCIAT

 

ALSO SEE:

ARVIND

MUNDRAPORT

TATASTEEL


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening expected for our markets today;
Asian markets are trading good after opening gap-up today;
European and US markets closed last night with positive bias;
Dollar is up at 49.2800; WTI Crude has come back to $81.07;
NIFTY support levels today are: 4800, 4750, 4720, 4700;
NIFTY resistance levels today are: 4900, 4925, 4960, 5025;
Market no longer considered positive for the near-term;
Technical mid-term downtrend for the NIFTY is to test 4720;
Global cues are supportive today morning;
This is F&O expiry week, some choppyness can be expected;
Market sentiments positive today; Robust trading expected.

 

ALERT-1: 10:00am

Good gap-up opening for the NIFTY; Going flat with slight positive bias;
Asian markets are all trading green; World sentiments OK;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHARTIARTL 387 385 392 397 150
JPASSOCIAT 71.80 70 73 74 830

Also keep a watch on ARVIND>101.50 and MUNDRAPORT>154 if surge holds;
Follow PricePoints for these two and other Suggests; All for LONG;

NIFTY around 4920 now; Opened around same level; Holding position;
Support is now at 4900-4865; More Support is at 4820;
First Resistance is at 4920-4925; This is under test now;
More Resistance is at 4950-4960;
NIFTY likely to trade flat for some time;
Market is expected to take upward turn anytime;
Take small small profits, then exit; Repeat many times.

 

ALERT-2: 11:00am

Market in the green; Trading flat; Trading quiet;
Upsurge is expected anytime now;
JPASSOCIAT gave small profit in LONG since last Alert;
Hold JPASSOCIAT>72.25 if you are invested in it;
All other Suggests are stuck at these levels: AMBUJACEM(148)
ARVIND(100) BHARTIARTL(386) MUNDRAPORT(153) TATASTEEL(442);
These can fire if market turns up and holds;
All for LONG; Follow PricePoints.

NIFTY trading between 4910-4930 since opening;
Support is still at 4900-4865; More Support is at 4820;
First Resistance is at 4920-4925; This is still under test;
More Resistance is at 4950-4960;
European markets are scheduled to open good;
NIFTY likely to trade flat within range then move up.

 

ALERT-3: 12:30pm

Market deep in the green; Going steady with slight positive bias;
Asian markets closed positive; Europe expected to open in the green;
BHARTIARTL JPASSOCIAT MUNDRAPORT TATASTEEL gave profits in LONG;
Others are flat now; All Suggests can fire if Market continues up;
All for LONG; Follow PricePoints;

NIFTY around 4940 now; Holding from about 4910 on opening;
Cannot cross strong Resistance of 4940; Next Res is at 4960;
Support is still at 4900-4865; More Support is at 4820;
NIFTY likely to trade generally flat with positive bias;
Upside is possible if Europe opens good and trades firm;
Careful... do not lose profit already made.

 

ALERT-4: 2:30pm

Market deep in green; NIFTY is trading strong with positive bias;
Europe in green and trading strong and steady;
Asian markets have closed in the green;
Most Suggests gave profit in LONG since our Alert;
Hold JPASSOCIAT>73.50 MUNDRAPORT>158 if still in them;
BHARTIARTL>387 still good for LONG if surge holds;
All other Suggests can also go up if surge holds;
All for LONG; Follow PricePoints.

NIFTY around 4980 now; Came up steadily from 4910 on opening;
Found Resistance at 4980; Next Resistance is at 5000-5025;
Support is now at 4960 and then at 4930; More Support is at 4900;
NIFTY likely to trade steady with positive bias;
Upsurge now looks capped at about 5000 till end of day;
Safeguard your profits; Do not risk it in last hour.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
136 139 144 147 149 152 154

Suggest-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
357 363 374 380 386 392 397

Suggest-2:

BHARTIARTL

Approx. 1st Entry Point: Rs. 387
Approx. 1st Exit Point: Rs. 389
Avg. No. of Shares Traded: 155
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 310

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
62 64 67 68 70 72 73

Suggest-3:

JPASSOCIAT

Approx. 1st Entry Point: Rs. 72
Approx. 1st Exit Point: Rs. 74
Avg. No. of Shares Traded: 830
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 1660

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
137 139 143 145 147 149 151

Also See-1:

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
144 146 150 151 153 155 157

Also See-2:

MUNDRAPORT

Approx. 1st Entry Point: Rs. 154
Approx. 1st Exit Point: Rs. 158
Avg. No. of Shares Traded: 390
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 1560

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
408 414 428 434 441 447 453

Also See-3:

TATASTEEL

Approx. 1st Entry Point: Rs. 443
Approx. 1st Exit Point: Rs. 445
Avg. No. of Shares Traded: 135
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 270

 


 

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