IntradayTrade dot Net
Performance Results

Friday, 21-Oct-2011

  • Another bad day at the exchange as the NIFTY had to struggle to hold on to the 5k-mark. At the end the Bulls seemed to be in control and next week should be interesting. Problems are many: volumes have gone down further, FIIs don't seem to be interested in playing in India and there is a definite absence of domestic cues. These will have to be taken care of to ensure progress.
  • Today's market was not very conducive for intraday traders wanting to go LONG. The Suggests of IntradayTrade dot Net were just good enough to produce average results today in LONG following our PricePoints and Alerts. Not bad, under the circumstances. This whole week has been rather average for us. We will expect much better results next week into the festive season.

 

SUGGESTS:

 

BHARTIARTL

 

NTPC

 

TATASTEEL

 

ALSO SEE:

HDFCBANK

PFC

RELCAPITAL


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat to slight gap-up opening expected for our markets today;
All major world markets are in good mood today;
US markets closed mixed last night but with a positive bias;
US$-INR is at 49.6400; WTI Crude is at $85.30 today morning;
NIFTY support levels today are: 5080, 5050, 5010, 5000;
NIFTY resistance levels today are: 5115, 5140, 5160, 5175, 5200;
Near-term Market trend is still slightly positive;
Technical mid-term trend for the NIFTY is also positive;
Global cues are mixed today morning;
End of strike at Maruti factory a positive;
Our market expected to trade quiet in the beginning;
Chances of a short and smart rally later.

 

ALERT-1: 10:00am

Flat opening for the NIFTY; Going up and strong now;
Major world markets are mixed at this time;
HDFCBANK RELCAPITAL have done well; Hold HDFCBANK>488 RELCAPITAL>342;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
NTPC 169.50 168 172 174 350
TATASTEEL 443 438 448 453 130

Also keep a watch on BHARTIARTL>388 and PFC>150 if surge comes;
Follow PricePoints for other Suggests; All for LONG;

NIFTY around 5110 now; Opened around this level; Went down to 5070;
Market going strong with positive bias now;
Support is now at 5080-5070 and then at 5050;
Resistance is now in the 5115 and then at 5140 region;
NIFTY likely to trade flat with positive bias for some time;
The Market should start upward journey towards 5200 later;
Be careful... Even the best of markets can falter.

 

ALERT-2: 11:00am

Market in green and going flat; Slight positive bias;
HDFCBANK gave profit in LONG since last Alert;
Hold NTPC>170 if you are invested in it;
Watch BHARTIARTL>388 PFC>150 RELCAPITAL>341 TATASTEEL>440 now;
These can fire if upsurge holds;
All for LONG; Follow PricePoints.

NIFTY around 5110 now; Holding on to gains;
Support is still at 5080-5070 and then at 5050;
Resistance of 5115 is holding strong; More is at 5140 region;
NIFTY has to first go over 5120 convincingly for upsurge to continue;
The Market should start upward journey towards 5200 anytime now;
Be careful ... Take small profits and Exit; Repeat many times;
Sudden downturn can come if Europe falters.

 

ALERT-3: 12:30pm

Market back in the red; Going down; Huge fall;
NIFTY could not cross the hurdle of 5120;
Asian markets closing mixed; Europe is expected to open mixed;
No Suggest gave profits in LONG since last Alert;
BHARTIARTL was marginal; None looks good now for LONG;
All can fire if upsurge comes back up with strength;
All for LONG; Follow PricePoints;

NIFTY around 5090 now; Came down from a high of 5120;
NIFTY Support at 5070-5080 under test right now;
Next Support is still at 5050;
Resistance of 5115-5120 region has acted very strong;
NIFTY likely to show a little more downside and level out;
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: 2:30pm

Market flat and uncertain; In the red; fluctuating around the line;
Asia has closed mixed and Europe is trading in the green;
European Stocks Seen Higher Ahead of Europe Summit;
No Suggest gave profit; None good for LONG now;
BHARTIARTL>383 RELCAPITAL>337 TATASTEEL>435 good if surge comes;
These and all others can fire in LONG if surge comes;
All for LONG; Follow PricePoints.

NIFTY around 5085 now; Trading in the 5075-5100 range since 12:30pm;
NIFTY Support at 5070-5080 acting very strong since that time;
Next Support is still at 5050;
Resistance has also been found at 5100 levels;
Next Resistance is at 5115-5120 region;
NIFTY likely to show a little more downside till closing;
Closing in the green for the NIFTY looks remote now;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
373 377 385 388 393 397 400

Suggest-1:

BHARTIARTL

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
164 166 168 170 171 172 174

Suggest-2:

NTPC

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
412 418 433 438 446 453 459

Suggest-3:

TATASTEEL

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
467 474 479 486 488 491 498

Also See-1:

HDFCBANK

Approx. 1st Entry Point: Rs. 487
Approx. 1st Exit Point: Rs. 491
Avg. No. of Shares Traded: 120
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 480

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
141 143 147 149 151 154 156

Also See-2:

PFC

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
318 322 332 336 340 345 349

Also See-3:

RELCAPITAL

Approx. 1st Entry Point: Rs. 337
Approx. 1st Exit Point: Rs. 342
Avg. No. of Shares Traded: 170
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 850

 


 

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