IntradayTrade dot Net
Performance Results

Thursday, 20-Oct-2011

  • The pendulum has swung right back to where we were on Tuesday. This forward-backward game was not at all expected, but it happened only because of global pressures. But wait, in-keeping with what we wrote yesterday, our market came right back and even discounted bad inflation figures. OK, we could not get back into the green, but we believe, the turning has come. We now need better volumes and better FII/DII entry and 5200 will not be a problem.
  • The swing in the market was good news for intraday traders as this kind of situation gives a lot of opportunities for quick buying and selling. So, the fact that the Suggests of IntradayTrade dot Net posted good profits today in LONG following our PricePoints and Alerts is not unexpected. But overall, these profits were not easy to get as some came very early.

 

SUGGESTS:

 

AMBUJACEM

 

IDFC

 

TVSMOTOR

 

ALSO SEE:

ARVIND

ITC

NTPC


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down opening and cautious trading expected for our markets today;
All major world markets are in the red today;
US markets closed negative last night with the NASDAQ losing over 2%;
US$-INR is at 49.1600; WTI Crude is at $86.30 today morning;
NIFTY support levels today are: 5120, 5100, 5080, 5020;
NIFTY resistance levels today are: 5160, 5200, 5230, 5260;
Near-term Market trend is still slightly positive;
Technical mid-term trend for the NIFTY is also positive;
Global cues are negative today morning;
But our market not expected to follow suit and fall flat;
Levelling out and short-covering rally expected later.

 

ALERT-1: 10:00am

Big Gap-down opening for the NIFTY; Going down now;
All major world markets in the red at this time;
AMBUJACEM TVSMOTOR have already done well; Hold TVSMOTOR>67;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 109.50 108 112 114 540
AMBUJACEM 156 155 159 162 380

Also keep a watch on IDFC>125.50 and ITC>206 if surge comes;
Follow PricePoints for other Suggests; All for LONG;

NIFTY around 5065 now; Opened around 5090;
Market choppy and going down with negative bias now;
All normal Support levels broken already;
Support is now at 5060 and then at 5020;
Resistance is now in the 5100-5120 region;
NIFTY likely to trade down for some time;
The Market should hold Support of 5020 and recover;
Be careful... Take small profits, if opportunity comes, and Exit.

 

ALERT-2: 11:00am

Market in red and going down; Still negative bias;
No Suggest gave profit in LONG since last Alert;
Watch NTPC>169 TVSMOTOR>66 for LONG if surge comes;
These and other Suggests can fire if upsurge comes;
All for LONG; Follow PricePoints.

NIFTY around 5050 now; Coming down from high of 5090;
First Support is now at 5020; More Support is at 5000;
Resistance is still in the 5100-5120 region;
NIFTY likely to flatten out and look at short covering;
As said before: Be careful in falling market; Wait & Watch;
Take small profits and Exit; Repeat many times.

 

ALERT-3: 12:30pm

Market in the red; Going down; Huge losses;
Asian markets closing red; Europe is expected to open red;
No Suggest gave profits in LONG since last Alert;
Hold NTPC>169 if you are invested in it;
ARVIND>108 ITC>205 TVSMOTOR>66 looks good if market tuns around;
All can fire if upsurge comes in with strength;
All for LONG; Follow PricePoints;

NIFTY around 5040 now; Gone into a slight flat mode;
NIFTY seems to have found local Support at 5040-levels;
Next Support is still at 5020; More Support is at 5000;
Resistance is still in the 5100-5120 region;
NIFTY likely to limit downside and stay in a range for sometime;
Europe's opening and trading pattern important to set trend;
As said before: Wait & Watch and be sure before taking LONG position;
Take small profits and Exit; Repeat many times.

 

ALERT-4: 3:00pm

Market in red; NIFTY holding on to upsurge; Trading OK;
Asia has closed red and Europe has opened in the red;
NTPC gave profit; Hold NTPC>171.50 if you are still in it;
ITC>205.50 TVSMOTOR>66 can fire in last hour;
These and all others can fire in LONG if surge holds;
All for LONG; Follow PricePoints.

NIFTY just below 5100 now; Coming up from the day's low of 5035;
Resistance of 5100-5120 under test now;
Next Resistance is at 5155; First Support is now at 5055;
Now NIFTY has to cross 5120 convincingly for more upsurge;
Above the line closing for the NIFTY looks remote now;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
151 152 154 155 156 158 159

Suggest-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. 155
Approx. 1st Exit Point: Rs. 156
Avg. No. of Shares Traded: 380
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 380

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
120 122 125 126 128 129 131

Suggest-2:

IDFC

Approx. 1st Entry Point: Rs. 122.50
Approx. 1st Exit Point: Rs. 123.50
Avg. No. of Shares Traded: 490
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 490

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
61.10 61.90 63.90 64.70 65.70 66.60 67.40

Suggest-3:

TVSMOTOR

Approx. 1st Entry Point: Rs. 66
Approx. 1st Exit Point: Rs. 67
Avg. No. of Shares Traded: 900
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 900

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
103 105 107 108 110 111 112

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
202 203 205 207 208 209 211

Also See-2:

ITC

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
166 167 170 171 173 174 175

Also See-3:

NTPC

Approx. 1st Entry Point: Rs. 169.50
Approx. 1st Exit Point: Rs. 171.50
Avg. No. of Shares Traded: 340
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 680

 


 

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