IntradayTrade dot Net
Performance Results

Tuesday, 08-Nov-2011

  • Listless and subdued — that is how we can describe today's trading. Lack of domestic cues was the main reason today for low volumes. FIIs continue to give us the slip and DIIs turned out to be heavy sellers today. All in all, a forgettable day. Near-term trend, however, remains positive.
  • Like in the last working day, the Suggests of IntradayTrade dot Net could not produce any great results as the market conditions were not favourable most of the day. On paper we did produce some results following our PricePoints and Alerts but these profits were not easy to get. Let us expect a better day tomorrow.

 

SUGGESTS:

 

AMBUJACEM

 

JSWSTEEL

 

PETRONET

 

ALSO SEE:

ALBK

BHARTIARTL

LICHSGFIN


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening and robust trading expected for our markets today;
All Asian markets are trading positive and going to green;
Europe closed red but US closed in the green last night;
US$-INR is at 48.9400; WTI Crude is at $95.70 today morning;

NIFTY support levels today remain: 5250, 5220, 5200, 5180;
NIFTY resistance levels today are: 5300, 5330, 5370, 5410;

Near-term Market trend remains slightly positive;
Technical mid-term trend for the NIFTY still remains positive;
Our market expected to start trade good with positive bias;
Except company results, no domestic cues in line today;
Results today: AUROPHARMA, IDFC, RPOWER, RELINFRA and others;
Good chances of a smart rally during the day;
Beware of profit bookings at upper levels.

 

ALERT-1: 10:00am

Gap-up opening for the NIFTY; Went down immediately; Going down now;
Asian markets mostly in the green with at this time;
ALBK and AMBUJACEM has done OK so far;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ALBK 170 169 173 174 350
AMBUJACEM 163.50 162 166 167 370

Also keep a watch on BHARTIARTL>399 and PETRONET>174 if surge holds;
Follow PricePoints for other Suggests; All for LONG;

NIFTY on the line around 5285 now; Opened around 5300;
First Resistance level is around 5300; Next is at 5330;
Support at 5280 is under test now; More is around 5260-5250;
NIFTY likely to trade weak with negative bias, then pick up;
Be sure and certain before taking position in LONG;
Be careful... current momentum can take market downwards.

 

ALERT-2: 11:00am

Market in the red; Going flat with uncertain bias;
ALBK AMBUJACEM gave small profits in LONG since last Alert;
Hold ALBK>171 AMBUJACEM>164 if in;
Watch JSWSTEEL>710 LICHSGFIN>236 now;
All can fire if surge comes with force; All for LONG.

NIFTY around 5275; Fluctuating between 5270-5280;
First Support of 5280 not breached as yet technically;
More Support is at 5250; Resistance is still at 5300;
NIFTY expected to pick up and move towards 5350-5370;
Be sure and certain before taking position in LONG;
Take small profits and Exit; Repeat many times.

 

ALERT-3: 12:30pm

Market deep in red; Trying to make up some ground now;
Asian markets going to red; Europe is expected to open red;
After Greece now it is Italy bringing the market down;
No Suggest gave profits in LONG since last Alert;
Hold ALBK>171 if you are still invested in it;
See now AMBUJACEM>163 BHARTIARTL>399 PETRONET>173.50;
All good if surge comes with strength.

NIFTY now around 5270; Hit a low of 5250; Recovering now;
First Support of 5280 was breached;
Next Support at 5250 proved very strong;
Resistance is now at 5280; Next is at 5300;
NIFTY still expected to pick up and move towards 5350-5370;
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 back on the line; Recovered from a low 5250;
Asia has closed mixed; Europe is trading good;
ALBK gave profit; Hold ALBK>172.50 if in;
These are stuck: AMBUJACEM(163) BHARTIARTL(398) JSWSTEEL(705)
LICHSGFIN(234); These are good now if surge continues;
All for LONG.

NIFTY above 5290 now; Slight positive bias now;
Support of 5250 still acting very strong;
Resistance of 5280 has been broken; 5300 under test now;
NIFTY expected to continue upmove towards 5330 by closing;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
155 156 159 160 162 164 165

Suggest-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. 162.50
Approx. 1st Exit Point: Rs. 164
Avg. No. of Shares Traded: 370
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 550

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
655 666 694 705 719 733 744

Suggest-2:

JSWSTEEL

Approx. 1st Entry Point: Rs. 705
Approx. 1st Exit Point: Rs. 710
Avg. No. of Shares Traded: 85
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 425

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
164 166 169 170 172 173 175

Suggest-3:

PETRONET

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
163 164 168 169 171 173 174

Also See-1:

ALBK

Approx. 1st Entry Point: Rs. 170
Approx. 1st Exit Point: Rs. 173
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1050

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
376 380 391 396 401 407 411

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
214 222 235 242 244 248 253

Also See-3:

LICHSGFIN

Approx. 1st Entry Point: Rs. 235
Approx. 1st Exit Point: Rs. 236
Avg. No. of Shares Traded: 250
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 250

 


 

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