IntradayTrade dot Net
Performance Results

Wednesday, 23-Nov-2011

  • The technical correction of yesterday did not carry forward today. Instead, we got a 100+ point fall for the NIFTY while it touched 4640 which is a 2-year low. Volumes are sustaining and the FIIs are on a selling spree — these suggest that more downside is to come. But, we feel, the correction is not over and we may see a couple of sessions of upside. The F&O expiry tomorrow will keep the market choppy.
  • We are still saying that 4700 is a very strong area of Support for the NIFTY and we got a closing at that level today. And, we still say if 4700 is taken out on closing, there is nothing to stop a free-fall till 4400. Which might just happen. But, very important, we have this feeling that a short-term bottom has been made today. Only time will tell.
  • What ARVIND had done two days ago, AUROPHARMA has done today: again 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 AUROPHARMA for our members. Sure, the profits shown were not easy to get, but even if you made only a small percentage of what is shown here, today was a good day. From the numerous phone calls we have received, our members had a great day today! Jai Ho!

 

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:

 

AMTEKAUTO

 

RECLTD

 

TATAMOTORS

 

ALSO SEE:

AUROPHARMA

HEXAWARE

LICHSGFIN


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down or Flat opening expected for our markets today;
Asian markets are trading down ahead of China economy data;
Europe & US had closed flat on uncertainty over the debt crisis;
INR-US$ is further down at 52.4830; This fall needs to be arrested;
IT exporters are rejoicing, though; WTI Crude is stable at $97.48;

NIFTY support levels today are: 4800, 4780, 4750, 4720, 4700;
NIFTY resistance levels today are: 4855, 4880, 4935, 4960, 5000;

Today's Near-term Market trend is slightly positive now;
Technical mid-term trend for the NIFTY is still negative;
Market expected to open flat; Fall; Then pick up to about 4880;
Technical pullback to 5075-5140 levels this week still on the cards;
4700-4730-4750 remains as very strong Support area; Should be watched;
For intraday players going LONG: Chances may be there, but be careful.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Going down now in the red;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMTEKAUTO 130 128 133 135 450
LICHSGFIN 220 218 224 226 270

Watch HEXAWARE>85 and TATAMOTORS>169 now if surge continues;
Follow PricePoints for other Suggests; All for LONG;

NIFTY around 4745 now; In the red; Opened around 4765;
Going choppy now in the range of 4735-4760;
NIFTY now testing important Support level of 4750;
Next Support at 4720-4730 is very strong; Should hold;
First Resistance is now on the line at 4810-4820;
NIFTY likely to trade range-bound for some time;
More downside possible; Whole world is in the red;
Chances of an upsurge very strong after mid-day today;
Be sure and certain before taking position in LONG;
Stay Away if not sure of what you are doing.

 

ALERT-2: 11:00am

Market in the red; Going down further; Slowly;
No Suggest gave profits in LONG since last Alert;
None looks good for LONG now;
Discard all previous levels; All can fire from current levels
if surge comes; Specially these - they are stuck:
AMTEKAUTO(126) LICHSGFIN(219) RECLTD(183) TATAMOTORS(169);
All for LONG.

NIFTY around 4740 now; Still choppy in 4735-4760 range;
NIFTY still testing important Support level of 4750;
Next Support at 4720-4730 is very strong; Should hold;
First Resistance is still on the line at 4810-4820;
NIFTY likely to trade range-bound for some more time;
More downside possible; Whole world is still in the red;
Chances of an upsurge after mid-day now looks bleak;
Even if it comes, it may not be very strong;
Take small profits and Exit; Repeat many times.

 

ALERT-3: 12:30pm

Market crumbling; Deep in the red; Strong negative bias;
Asian markets closing bad on China fears; Europe expected to open bad;
AMTEKAUTO LICHSGFIN gave profits in LONG since our last Alert;
None look good now; Discard old levels; Consider current position;
Do not take any fresh position until market turns up strongly;
All for LONG.

NIFTY took a great fall; 4700 breached; Came down from 4760;
However, Not time yet to hit the panic button;
NIFTY now around 4650; Found some Support at 4640-4650;
First Support is now at 4650; This Support is very strong;
Free fall if 4650-4640 is breached; Hit the panic button then;
Some upside might happen before further downside;
Wait & Watch and be sure before taking LONG position;
Stay Away if you are not sure of what you're doing;
Falling market: time to be extra careful in LONG.

 

ALERT-4: 2:30pm

Market in the red; Smart recovery in progress now;
Selling pressure might come back; Market Highly volatile;
AUROPHARMA TATAMOTORS gave profits in LONG after our last Alert;
Hold TATAMOTORS>170; Watch LICHSGFIN>217 RECLTD>183.50 now;
Make any fresh investment only if upsurge holds after 4720.

NIFTY above 4700 now; Coming up from a low of 4640;
Europe is trading bad; Our market expected to trade sideways;
Support of 4650-4640 has held strong; Likely to hold for the day;
Strong Support of 4720 acting as Resistance now;
No further upside until 4720 is crossed convincingly;
Careful... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
96 100 113 117 123 129 133

Suggest-1:

AMTEKAUTO

Approx. 1st Entry Point: Rs. (Time) 127.50 (1111)
Approx. 1st Exit Point: Rs. (Time) 129.50 (1114)
Avg. No. of Shares Traded: 450
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 900

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
174 177 184 187 190 194 197

Suggest-2:

RECLTD

Approx. 1st Entry Point: Rs. (Time) 182 (1234)
Approx. 1st Exit Point: Rs. (Time) 183.50 (1339)
Avg. No. of Shares Traded: 330
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 495

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
156 159 168 171 176 180 184

Suggest-3:

TATAMOTORS

Approx. 1st Entry Point: Rs. (Time) 169 (1401)
Approx. 1st Exit Point: Rs. (Time) 171 (1423)
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 700

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
77.70 80.00 85.80 88.10 91.00 94.00 96.30

Also See-1:

AUROPHARMA

Approx. 1st Entry Point: Rs. (Time) 86.50 (1348)
Approx. 1st Exit Point: Rs. (Time) 91 (1506)
Avg. No. of Shares Traded: 690
Approx. Profit per Share: Rs. 4.50
Approx. Profit Today: Rs. 3100

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
77.20 78.70 82.50 83.90 85.80 87.70 89.20

Also See-2:

HEXAWARE

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
210 213 218 221 223 226 229

Also See-3:

LICHSGFIN

Approx. 1st Entry Point: Rs. (Time) 220 (1112)
Approx. 1st Exit Point: Rs. (Time) 221.50 (1113)
Avg. No. of Shares Traded: 270
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 405

 


 

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