IntradayTrade dot Net
Performance Results

Wednesday, 09-Nov-2011

  • What happened today is serious — after 5 hours of very flat trading we suddenly had a sharp selloff after 2pm when the market realised that Moody's have downgraded our banking system. Today's action was purely based on domestic perception and had nothing to do with global cues, which were supportive in any case. Good volumes were seen today as well as better FII activity. But this last event overrides everything else.
  • We have to wait and see how the market reacts on Friday. Two things are possible: either this will be swept under the floor and we'll go back to action against global cues, or we might see a deeper correction. The first one is more likely. Who is Moody, anyway?
  • The Suggests of IntradayTrade dot Net continue to struggle and give below-par results that are difficult to obtain. Again today, on paper we did produce some results following our PricePoints and Alerts but the situation on the ground was not very happy. Both HINDUNILVR and ITC were in the final 10 but the FMCG-segment was not favoured. Bad. RECLTD saved the day.

 

SUGGESTS:

 

ALBK

 

CAIRN

 

RPOWER

 

ALSO SEE:

BHARTIARTL

RCOM

RECLTD


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up opening and robust trading expected for our markets today;
Asian markets opened gap-up and are trading positive;
Europe & US closed green — the whole world is in the green;
European problems seems to have been sorted out for the time being;
US$-INR is at 49.2100; WTI Crude is at $97.20 today morning;

NIFTY support levels today remain: 5250, 5220, 5200, 5180;
NIFTY resistance levels today are: 5300, 5320, 5350, 5385;

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: SBI, APOLLOTYRE, PTC, PFC, LUPIN, IOC 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 are trading mixed at this time;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHARTIARTL 400 398 406 409 150
RPOWER 105 104 108 110 570

Also keep a watch on CAIRN>321 and RECLTD>205 if surge holds;
Follow PricePoints for other Suggests; All for LONG;

NIFTY below the line around 5275 now; Opened around 5315;
First Support level of 5280 under test; Next is at 5250;
Resistance is at 5300 now; More is around 5320-5350;
NIFTY likely to trade weak around the line, 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;
BHARTIARTL gave small profits in LONG since last Alert;
Hold BHARTIARTL>402 if you are invested in it;
Watch RECLTD>204 RPOWER>104.50 now;
CAIRN(320) RCOM(86.50) are stuck; Can fire;
All can fire if upsurge comes; All for LONG.

NIFTY around 5285; Fluctuating between 5275-5290;
First Support of 5280 technically not breached as yet;
More Support is at 5250; Resistance is still at 5300;
NIFTY expected to continue horizontal movement for some time;
Market should pick up and move towards 5350 later in the day;
Be sure and certain before taking position in LONG;
Take small profits and Exit; Repeat many times.

 

ALERT-3: 12:30pm

Market back in red; Trying to make up some ground now;
Asian markets closing good in green; Europe expected to open good;
RECLTD gave small profits in LONG since last Alert;
BHARTIARTL>402 RECLTD>203 looks good now if surge comes;
CAIRN(319) RCOM(85.50) RPOWER(104) are stuck;
These and all others good if surge comes with strength.

NIFTY now around 5280; Hit a low of 5270 from 5305;
Going flat now in the red; First Support of 5280 holding;
Next Support at 5250 proving very strong even today;
Resistance is still at 5300 like in the last few sessions;
NIFTY now expected to move flat and consolidate;
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 on the line; Recovered from a low 5270;
Asia has closed mostly green; Europe is trading good;
CAIRN RECLTD RPOWER gave profit in LONG since last Alert;
Hold RECLTD>208 RPOWER>105.50 if in; BHARTIARTL(400) is stuck;
RCOM>85.50 looks good now for LONG.

NIFTY below 5270 now; Slight negative bias now;
Support of 5280 has been tested several times;
Support of 5250 still acting very strong;
Resistance of 5300 has also been holding;
NIFTY expected to continue range-bound movement till closing;
Profit booking slide cannot be ruled out;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
165 166 170 172 174 176 178

Suggest-1:

ALBK

Approx. 1st Entry Point: Rs. 171
Approx. 1st Exit Point: Rs. 172
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 350

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
298 303 314 319 324 330 335

Suggest-2:

CAIRN

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
97 98 101 102 104 105 107

Suggest-3:

RPOWER

Approx. 1st Entry Point: Rs. 104.50
Approx. 1st Exit Point: Rs. 105.50
Avg. No. of Shares Traded: 570
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 570

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
385 390 393 397 399 400 405

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. 400
Approx. 1st Exit Point: Rs. 402
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
81 82 85 86 88 89 90

Also See-2:

RCOM

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
190 192 199 201 204 208 210

Also See-3:

RECLTD

Approx. 1st Entry Point: Rs. 204
Approx. 1st Exit Point: Rs. 208
Avg. No. of Shares Traded: 290
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 1160

 


 

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