IntradayTrade dot Net
Performance Results

Monday, 21-Nov-2011

  • The week began in a sour note today with both the Indexes going below psycho levels. The 'pattern' that we had spoken about a few days ago, was seen again today: market remains flat and range-bound till Europe opens bad, and then everything falls down in a heap. The small glimmer of hope we saw on Friday has fizzled out. 4750-4730-4700 is a very strong area of Support for the NIFTY — if 4700 is taken out, there is nothing to stop a free-fall till 4400.
  • The near-term and long-term trends are strongly negative. But, we still maintain that a technical bounce back is overdue and can come anytime.
  • ARVIND has today proved our point that no matter what the overall market situation is, there is profit to be made by Intraday Trading in LONG if you can catch hold of the right scrip. And the Suggests of IntradayTrade dot Net did just that today: find ARVIND for our members. The other Suggests did not fare well and there were question marks about our Alerts today regarding HINDPETRO and WIPRO. Both these managed to come out Marginal, meaning, on a no-profit-no-loss basis.
  • In the last 8 sessions the NIFTY has lost a total of 511 points. Now look at the profits the Suggests of IntradayTrade dot Net have posted in this period. Even if you had made a small percentage of this profit, it is worth following our Suggests!

 

These 6 names were given to our members before market opened today. At about 10am, 2 of these 6 were chosen, based on their initial performance, and StopLoss and Targets were given for these 2. Throughout the day we followed the performance of these 6 stock and gave updates/alerts. Given below are the performance of these 6 stocks today, vis-a-vis the Alerts:

 

SUGGESTS:

 

ARVIND

 

HINDPETRO

 

SAIL

 

ALSO SEE:

JETAIRWAYS

RENUKA

WIPRO


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down opening expected for our markets today;
Asian markets are trading down and all are in the red;
Europe had closed red last Friday; US markets had closed flat;
INR-US$ is further down at 51.2280; WTI Crude is down to $97.41;

NIFTY support levels today are: 4885, 4870, 4840, 4800, 4730;
NIFTY resistance levels today are: 4935, 4960, 5000, 5030, 5065;

Near-term Market trend is negative;
Technical mid-term trend for the NIFTY is also negative;
Market expected to open gap-down, fall further — outlook is negative;
European debt crisis is worsening and the Rupee keeps depreciating;
NIFTY expected to go down to 4800 and then to 4750 in mid-term;
Very good chance of a technical pullback to 5075-5140 levels this week;
For LONG players: Day to Stay Away if an upsurge is not spotted.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Going flat now in the red;
ARVIND has done OK since opening so far in LONG; Hold ARVIND>91 if in;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 91.25 90 92.50 94 640
WIPRO 373 370 378 384 160

Watch JETAIRWAYS>253 HINDPETRO>295 RENUKA>35.75 if surge comes;
Follow PricePoints for other Suggests; All for LONG;

NIFTY below the line around 4860 now; Opened around 4870;
Going flat in the range of 4850-4870;
First Resistance is at 4900; More Resistance is at 4935;
First Support is now at 4840; More Support is at 4800;
Asian markets are trading bad with flat to negative bias;
NIFTY likely to trade range-bound for some time;
More downside possible; Chances of a turnaround after mid-day;
Be sure and certain before taking position in LONG.

 

ALERT-2: 11:00am

Market in the red; Going choppy and flat now;
ARVIND gave profits in LONG since last Alert; HINDPETRO marginal;
Hold ARVIND>91.50 and WIPRO>374 if you are still invested in them;
Watch JETAIRWAYS>245 and RENUKA>35 now for LONG;
These and all can fire if market turns around strongly.

NIFTY around 4850 now; Still in the 4850-4870 range;
First Resistance is still at 4900; More Resistance is at 4935;
First Support is now at 4840; More Support is at 4800;
Downside possible; Specially if global cues turn bad;
But chances of a pull-back after mid-day still there;
Take small profits and Exit; Repeat many times.

 

ALERT-3: 12:30pm

Market still in red; Recovery happening now; Slight positive bias;
Asian markets closing red; Europe expected to open in the red;
ARVIND gave fresh profits in LONG since our last Alert;
Hold ARVIND>91.50 if in; See now RENUKA>34 and SAIL>92;
Old levels no longer valid for other Suggests;
All can fire from current position if surge holds;
All for LONG.

NIFTY now around 4850; Touched a low of 4830 since opening;
Recovery attempt does not have any strength; May not hold;
First Resistance is now at 4870; More Resistance is at 4900;
First Support is now at 4830; More Support is at 4800;
Flat and uncertain trading predicted for our markets now;
Downside possible; Specially if global cues turn bad;
Faint chances of a pull-back still exists after 4870 is passed;
Wait & Watch and be sure before taking LONG position;
Stay Away if you are not sure of what you're doing;
Like we said before, time to be extra careful in LONG.

 

ALERT-4: 2:30pm

Market deep in the red; Has been volatile and uncertain;
Recovery attempt has failed; Selling pressure is back;
ARVIND gave fresh profits in LONG after our last Alert;
ARVIND>93 WIPRO>368 good for LONG if surge comes;
Others are stuck; Can fire from present level if upsurge comes;
Market going down, so be careful.

NIFTY near 4800 now; Coming down from an opening of 4870;
NIFTY over a hundred points down already; Europe is trading red;
More downside possible; Support of 4800 under test now;
More Support is at 4730; 4870 is still first Resistance;
Be certain before taking new position in LONG;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
81 83 87 89 92 94 96

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. (Time) 91 (0952)
Approx. 1st Exit Point: Rs. (Time) 93.25 (1334)
Avg. No. of Shares Traded: 640
Approx. Profit per Share: Rs. 2.25
Approx. Profit Today: Rs. 1440

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
269 275 289 294 302 309 314

Suggest-2:

HINDPETRO

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
79 83 91 96 100 104 108

Suggest-3:

SAIL

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
224 230 246 251 259 267 273

Also See-1:

JETAIRWAYS

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
30.60 31.40 33.70 34.50 35.65 36.80 37.60

Also See-2:

RENUKA

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
350 355 367 372 378 384 389

Also See-3:

WIPRO

Approx. 1st Entry Point: Rs. (Time) — Stay Away —
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

 


 

About the profit figures shown in these pages:
  • Time of BUY/SELL is shown in HHMM format. For example, 1025 means 10:25am; similarly 1439 means 14:39 hours or 2:39pm. These are approximate figures.
  • 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