IntradayTrade dot Net
Performance Results

Monday, 24-Oct-2011

  • For the normal, delivery-based player in the stock market today was a good day. Those who wanted, booked profits. Others held on despite the fall and was none the looser. But for the intraday trader wanting to go LONG there was hardly any scope as the market opened high and stayed there only to come down. Volumes remain a concern together with FII/DII inflows. Like we've been saying the last few days: these will have to be taken care of to ensure progress.
  • With the festive season coming up not much is expected to happen this week. Volumes will stay low and not much upward or downward movement is expected. So, be careful.
  • Two of our Suggests, the two chosen from the 6 after market opened at about 10am, could give some profits in LONG that were relatively easy to get. One other Suggest gave some profits right at the end but this was difficult to obtain. Overall, IntradayTrade dot Net could provide just the right inputs.

 

SUGGESTS:

 

BALRAMCHIN

 

PETRONET

 

TVSMOTOR

 

ALSO SEE:

ARVIND

CHAMBLFERT

TITAN


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up and robust opening expected for our markets today;
All major world markets, except China, are in the green today;
US markets closed good last night with a positive bias;
US$-INR is at 49.7500; WTI Crude is at $87.40 today morning;

NIFTY support levels today are: 5015, 4990, 4945, 4930;
NIFTY resistance levels today are: 5080, 5100, 5150, 5175;

Near-term Market trend is still slightly positive;
Technical mid-term trend for the NIFTY also remains positive;
Global cues are OK today morning; Next EU meet on Wednesday crucial;
Bad news there could bring the markets crashing down;
However, Diwali Celebrations this week should bring good cheer;
Our market expected to trade good in the beginning;
Chances of a profit booking bout later in the day.

 

ALERT-1: 10:00am

Huge Gap-up opening for the NIFTY; Going up and strong now;
Major world markets, including China, are green at this time;
No Suggest has done anything so far; Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PETRONET 166.50 164 169 172 360
TITAN 226 224 229 232 270

Also keep a watch on CHAMBLFERT>92 and TVSMOTOR>67.50 if surge holds;
Follow PricePoints for other Suggests; All for LONG;

NIFTY around 5140 now; Opened around 5120; Went up to 5145;
Market going flat now with slight positive bias;
Support is at these levels: 5100-5080-5040;
Resistance is now in the 5150 and then at 5175 region;
NIFTY likely to trade flat with positive bias for some time;
The Market should start upward journey towards 5200 later;
Be careful... Profit booking slide has already been predicted.

 

ALERT-2: 11:00am

Market in green and going flat; Slight positive bias;
PETRONET TITAN gave profit in LONG since last Alert;
Hold PETRONET>167 TITAN>227 if you are invested in them;
Watch ARVIND>107.50 TVSMOTOR>67.25 for LONG now;
These can fire if upsurge holds;
All for LONG; Follow PricePoints.

NIFTY around 5135 now; Holding on to gains;
Support is still at these levels: 5100-5080-5040;
Resistance is still in the 5150 and then at 5175 region;
NIFTY likely to trade flat with positive bias for some time;
NIFTY has to first go over 5150 convincingly for upsurge to continue;
The Market should start upward journey towards 5200 later;
Be careful ... Take small profits and Exit; Repeat many times;
Sudden profit-booking downturn can come if Europe falters.

 

ALERT-3: 12:30pm

Market still in the green; Going flat; Holding on to profits;
NIFTY could not cross the hurdle of 5150;
Asian markets closing green; Europe is expected to open green;
PETRONET TITAN gave profits in LONG since last Alert; Hold TITAN>227;
See now PETRONET>166.50 CHAMBLFERT>91 for LONG if upsurge comes;
All can fire if upsurge comes back up with strength;
All for LONG; Follow PricePoints;

NIFTY still around 5140 now; Going absolutely flat;
Fluctuating in 5130-5145 range from right after opening;
Support is still at these levels: 5100-5080-5040;
Resistance is still in the 5150 and then at 5175 region;
NIFTY has to first go over 5150 convincingly for upsurge to come;
No more time to waste; Europe's opening likely to set trend;
Wait & Watch and be sure before taking LONG position;
Take small profits and Exit; Repeat many times.

 

ALERT-4: 2:30pm

Market in the green but took a fall; Profit booking, as predicted;
Asia has closed green and Europe is trading positive;
No Suggest gave profit; None good for LONG now;
PETRONET>165 TITAN>226.50 TVSMOTOR>66.50 good
for LONG if market turns around from present trend;
All for LONG; Follow PricePoints.

NIFTY around 5105 now; Came down from a high of 5145;
NIFTY Support at 5100 acting very strong but under test;
Next Support is still at 5080; Resistance is at 5145-5150;
NIFTY likely to show a little more downside till closing;
Small pullback at last moment a possibility;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
51.60 52.00 52.90 53.30 53.80 54.30 54.70

Suggest-1:

BALRAMCHIN

Approx. 1st Entry Point: Rs. 53.50
Approx. 1st Exit Point: Rs. 54
Avg. No. of Shares Traded: 1100
Approx. Profit per Share: Rs. 0.50
Approx. Profit Today: Rs. 550

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
160 161 162 164 165 166 167

Suggest-2:

PETRONET

Approx. 1st Entry Point: Rs. 167
Approx. 1st Exit Point: Rs. 168
Avg. No. of Shares Traded: 360
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 360

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
64.20 64.70 65.90 66.40 67.00 67.60 68.10

Suggest-3:

TVSMOTOR

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
101 104 105 107 108 109 110

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
84.20 85.70 88.60 90.10 91.50 92.90 94.40

Also See-2:

CHAMBLFERT

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
212 215 218 221 222 224 227

Also See-3:

TITAN

Approx. 1st Entry Point: Rs. 226
Approx. 1st Exit Point: Rs. 227.50
Avg. No. of Shares Traded: 270
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 405

 


 

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