IntradayTrade dot Net
Performance Results

Thursday, 03-Nov-2011

  • Our markets did very well today and displayed the inner strength that we all know it has! From a low of 5200 at about 1pm the NIFTY rallied to more than 5280 just before closing. This show of strength brought in new buyers and short covering was clearly seen. All this despite bad inflation numbers and the nagging Greek problems. If we have more volume and more FII activity (where have they gone?) tomorrow we'll see a new high. The near-term trend remains positive.
  • The good days are still on for IntradayTrade dot Net as all but one of our Suggests gave good profits in LONG following our PricePoints and Alerts. OK, maybe, not as spectacular as the last two days, but enough and adequate. Best part is, the profits came easy and we did not give any Alert levels that could have taken our members to a loss situation. This is also important!

 

SUGGESTS:

 

ALBK

 

HINDUNILVR

 

RPOWER

 

ALSO SEE:

AMBUJACEM

MUNDRAPORT

SATYAMCOMP


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down to flat opening expected for our markets today;
Asian markets, except China, are trading in the red;
US & Europe markets closed in the green last night;
US$-INR is at 49.1300; WTI Crude is at $92.02 today morning;

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

Near-term Market trend is still slightly positive;
Technical mid-term trend for the NIFTY still remains positive;
Our market expected to start trade flat with slight positive bias;
2-day Cannes G20 meeting begins today; Eurozone crisis in focus;
Except company results, no domestic cues in line today;
However, Pakistan granting Most Favoured Nation (MFN) status to India
and news that India may consider financing bailout of Eurozone
can boost trade; Good chances of a smart rally later in the day.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Picked up, going down now;
Asian markets are in the red with flat bias at this time;
ALBK has done OK so far; Hold ALBK>168 if still in;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ALBK 168 166 173 175 350
MUNDRAPORT 161 153 164 167 380

Also keep a watch on AMBUJACEM>156 and HINDUNILVR>384 if surge holds;
Follow PricePoints for other Suggests; All for LONG;

NIFTY around 5235 now; Opened around 5240; Went up to 5250;
Recovering now with forming bottom at 5225;
First Resistance level of 5250-5260 operative now;
Next Resistance is at 5300; Support is at 5230-5220;
NIFTY likely to trade quietly with positive bias;
Be sure and certain before taking position in LONG;
Be careful... market can take downwards turn on global cues.

 

ALERT-2: 11:00am

Market in the red; Going flat with negative bias;
AMBUJACEM SATYAMCOMP gave profit in LONG since last Alert;
Hold AMBUJACEM>157 and SATYAMCOMP>74 if you are already in them;
Watch ALBK>166 MUNDRAPORT>160 RPOWER>98.50 now for LONG.

NIFTY around 5225 now; Going down from a high of 5250;
First Resistance level is now 5250-5260; Next is at 5300;
Support of 5240-5220 being tested for quite some time; Holding;
NIFTY likely to trade flat within range for some more time;
Asian markets in red; Wait for Europe opening for direction;
Be careful... Profit booking slide likely if global cues are bad;
Take small profits and Exit; Repeat many times.

 

ALERT-3: 12:30pm

Market deep in the red; Going down; Negative bias;
Asian markets closing deep red; Europe is expected to open mixed;
AMBUJACEM gave profits in LONG since last Alert;
Hold AMBUJACEM>157 if you are still in it;
All others are stuck; All good if surge comes with strength.

NIFTY has been going down steadily since opening;
NIFTY now around 5215; Touched a high of 5255 today;
Support of 5240 broken; Support of 5220 being passed now;
More Support is at 5200; This is likely to hold for the day;
First Resistance level is still 5250-5260; Next is at 5300;
Europe opening and trading pattern will influence our market;
Wait & Watch and be sure before taking LONG position;
Take small profits and Exit; Repeat many times.

 

ALERT-4: 2:30pm

Market in the red; Smart recovery attempt on at present;
Asia, except China, has closed in the red;
Europe has opened negative but is recovering now;
MUNDRAPORT RPOWER SATYAMCOMP gave profits in LONG since last Alert;
ALBK>166.50 MUNDRAPORT>160 RPOWER>99 good now if surge continues.

NIFTY above 5250 now; Hit a low of 5200 just after 1pm;
Has been increasing steadily since then;
NIFTY found very good support at 5200;
Resistance of 5250-5260 is under test now;
Next Resistance is at 5300-5320-5350 levels;
NIFTY likely to gain more in strength untill closing;
Closing above 5300 for the NIFTY a possibility;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
138 143 154 159 165 170 175

Suggest-1:

ALBK

Approx. 1st Entry Point: Rs. 166
Approx. 1st Exit Point: Rs. 169
Approx. 2nd Entry Point: Rs. 167
Approx. 2nd Exit Point: Rs. 168
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 4 (3+1)
Approx. Profit Today: Rs. 1400

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
378 381 387 389 392 395 398

Suggest-2:

HINDUNILVR

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
88 91 96 98 101 103 106

Suggest-3:

RPOWER

Approx. 1st Entry Point: Rs. 98.50
Approx. 1st Exit Point: Rs. 99.50
Avg. No. of Shares Traded: 600
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 600

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
148 150 154 156 158 160 162

Also See-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. 156
Approx. 1st Exit Point: Rs. 158
Avg. No. of Shares Traded: 380
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 760

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
150 153 154 157 158 159 161

Also See-2:

MUNDRAPORT

Approx. 1st Entry Point: Rs. 160
Approx. 1st Exit Point: Rs. 163
Avg. No. of Shares Traded: 380
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1140

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
66 68 71 73 75 77 78

Also See-3:

SATYAMCOMP

Approx. 1st Entry Point: Rs. 73.50
Approx. 1st Exit Point: Rs. 74.50
Avg. No. of Shares Traded: 800
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 800

 


 

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