IntradayTrade dot Net
Performance Results

Wednesday, 02-Nov-2011

  • Our dependence on global cues continue and the good rise by the NIFTY was washed out today after uncertain trade by European exchanges, which opening OK. The situation was aggravated by fears of another fuel cost increase which prompted many to book profits. Luckily, we closed flat and not in the red. Volumes remain a problem and FIIs seems to have abandoned us this month! The near-term trend remains positive.
  • The good days continue for IntradayTrade dot Net as 3 of our Suggests gave good profits in LONG following our PricePoints and Alerts. Of course, the market situation today was good for intraday trading as we had some range, but that does not take any credit away from our technical team. Good going!

 

SUGGESTS:

 

HINDUNILVR

 

LICHSGFIN

 

RPOWER

 

ALSO SEE:

AMBUJACEM

BHARTIARTL

HAVELLS


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down opening expected for our markets today also;
Asian markets, except Singapore, are trading in the red;
US & Europe markets also closed in the red last night;
US$-INR is at 49.1800; WTI Crude is at $91.10 today morning;

NIFTY support levels today are: 5240-5220, 5200, 5180, 5150;
NIFTY resistance levels today are: 5300, 5320, 5350, 5380;

Near-term Market trend is still slight positive;
Technical mid-term trend for the NIFTY still remains positive;
Our market expected to start trade flat to quietly positive;
Momentum no longer high; Market will be sluggish in the start;
Except company results, no domestic cues in line today;
Good chances of a smart rally later in the day.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Recovering now;
World markets are in the red with flat bias at this time;
HAVELLS and LICHSGFIN have done OK so far; Hold HAVELLS>390;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HINDUNILVR 388 386 394 402 150
LICHSGFIN 236 234 240 244 250

Also keep a watch on AMBUJACEM>153.50 and BHARTIARTL>392.50 if surge holds;
Follow PricePoints for other Suggests; All for LONG;

NIFTY just below 5260 now; Opened around 5205; Recovering;
First Resistance level of 5260 under test now;
Next Resistance is at 5300; Support is at 5240-5220;
NIFTY likely to trade with positive bias till about 5300;
Be sure and certain before taking position in LONG;
Be careful... market can take downwards turn on global cues.

 

ALERT-2: 11:00am

Market on the line; Going flat with positive bias;
BHARTIARTL HINDUNILVR gave profit in LONG since last Alert;
Hold HINDUNILVR>390 if you are already in it;
Watch AMBUJACEM>153.50 and RPOWER>94.75 now for LONG.

NIFTY around 5265 now; Going up from a high of 5230;
First Resistance level of 5260 passed just now;
Next Resistance is at 5300; Support is still at 5240-5220;
NIFTY likely to trade with positive bias till about 5300;
Asian markets levelling out and getting positive;
Wait for Europe opening for more on direction;
Be careful... Profit booking slide likely if Europe fails;
Take small profits and Exit; Repeat many times.

 

ALERT-3: 12:45pm

Market back in green; Going good; Positive bias;
Asian markets turning green; Europe is expected to open OK;
AMBUJACEM HINDUNILVR RPOWER gave profits in LONG since last Alert;
Hold AMBUJACEM>156 and RPOWER>97.50 if you are still in them;
See now HINDUNILVR>390 LICHSGFIN>235; These good if surge continues;
All others can also fire if market keeps up with strength.

NIFTY has been going up steadily since opening gap-down;
NIFTY now around 5295; Touched a high of 5300 just now;
First Support is still at 5230; More Support is at 5200;
Resistance after 5300 is at 5320-5350 region;
Europe opening and trading pattern will influence further upswing;
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; Holding on to gains; Going flat now;
Asia, except Japan, has closed in the green;
Europe has opened positive but is trading uncertain now;
AMBUJACEM RPOWER gave profits in LONG since last Alert;
Hold AMBUJACEM>157 RPOWER>99 for LONG if you are still in them;
HAVELLS>386 HINDUNILVR>390 LICHSGFIN>235 good if surge comes.

NIFTY around 5280 now; Hit a high of 5300;
Trading flat in the range of 5270-5300 since 12noon;
Resistance of 5300 proving to be very strong;
Resistance after 5300 is at 5320-5350 region;
First Support is still at 5240; More Support is at 5200;
NIFTY likely to remain flat till closing;
Slight more upside at last moment above 5300 a possibility;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
358 364 380 386 394 402 409

Suggest-1:

HINDUNILVR

Approx. 1st Entry Point: Rs. 389
Approx. 1st Exit Point: Rs. 391
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 300

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
227 229 233 234 236 238 240

Suggest-2:

LICHSGFIN

Approx. 1st Entry Point: Rs. 235
Approx. 1st Exit Point: Rs. 238
Avg. No. of Shares Traded: 250
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 750

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
90.50 92.00 93.00 94.50 95.00 95.50 97.00

Suggest-3:

RPOWER

Approx. 1st Entry Point: Rs. 95
Approx. 1st Exit Point: Rs. 100
Avg. No. of Shares Traded: 630
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 3150

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
142 146 149 153 155 156 160

Also See-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. 154
Approx. 1st Exit Point: Rs. 157
Avg. No. of Shares Traded: 390
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1170

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
381 384 391 393 397 400 403

Also See-2:

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
337 345 367 376 387 398 407

Also See-3:

HAVELLS

Approx. 1st Entry Point: Rs. 389
Approx. 1st Exit Point: Rs. 391
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 300

 


 

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