IntradayTrade dot Net
Performance Results

Thursday, 08-Dec-2011

  • A bad and dismal day in the stock market with all kinds of investors losing substantially. The NIFTY lost almost 120-points to close below 5000 and good inflation figures did not help. However, for the Intraday Trader there was some latitude specially in the down side. FII involvement has to increase for the trend to remain positive.
  • Like yesterday, the choppyness in the market helped the Suggests of IntradayTrade dot Net to pull off some surprise profits in LONG following our PricePoints and Alerts. ONGC was a question mark today and although it did not go down to hit StopLoss at PP2, it may have taken some members into a loss position. Again, like yesterday, profits shown here were not easy to get, but they were there.

 

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

 

ONGC

 

WIPRO

 

ALSO SEE:

PANTALOONR

RCOM

YESBANK


 

SMS ALERTS for today

Pre-Market: 8:30am

Flat opening, choppy and uncertain trading expected for our markets today;
Asian markets are trading down with negative bias;
Europe had closed down; US had closed mixed; Both on positive bias;
INR-US$ has gone up to 51.7100; WTI Crude is also high at $100.54;

NIFTY Support levels today are: 5040, 5000, 4985, 4950, 4930;
NIFTY Resistance levels today are: 5085, 5110, 5150, 5180, 5200;

Today's Near-term Market trend is slightly positive;
Technical mid-term trend for the NIFTY is also slight positive now;
Expert comments paint positive picture today with good domestic performance;
Euro zone debt crisis optimism has vanished; Doubts have cropped in again;
European Central Bank's policy meeting today; Market may get direction;
Today we should get good upward swing, but down and flat at first;
Intraday players going LONG: Be patient; Your chance will come.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Going flat now in the red;
WIPRO done OK; Hold WIPRO>409 if you are already in it;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 90.50 89 93 95 640
ONGC 273 272 276 279 220

Also keep a watch on PANTALOONR>191 and RCOM>79.50 if surge comes;
All for LONG;

NIFTY around 5020 now; Opened around 5040; Went up to 5050;
First Support is now at 5010-5000; More Support is at 4985;
First Resistance is on the line at 5060; More Resistance is at 5085;
NIFTY likely to trade side-wise movement for some time;
Slight negative bias likely to continue; Market can head lower;
Chances of a smart rally after mid-day from lower levels;
Be sure and certain before taking position in LONG;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market deep in red; Losing ground; Going down steadily;
PANTALOONR gave small profits in LONG since last Alert;
No Suggest looks good for LONG now; Discard old levels;
All can fire from current low levels; Watch these levels:
ARVIND>88.50 ONGC>271 PANTALOONR>192 RCOM>75 WIPRO>406
YESBANK>290 now for LONG if surge comes.

NIFTY around 4980; Moving down from day high of 5045;
Support levels 5040, 5000 and 4985 have been breached today;
Next Support is at 4950; This may also be tested today;
First Resistance is still on the line at 5060; More is at 5085;
Asia, except China, is closing red; Europe is expected to open bad;
NIFTY expected to continue downward movement till around 4950;
Chances of NIFTY picking up steam later in the day still there;
Be careful in LONG in a falling market.

 

ALERT-3: 12:30pm

Market still in the red; Going Flat now; Slight positive bias;
Upsurge attempt after mid-day happening, but very weak;
Asia has closed red but Europe is expected to open in the green;
RCOM WIPRO gave small profits in LONG since last Alert;
Hold RCOM>75.50 WIPRO>408 YESBANK>289 if you are invested in them;
Watch ARVIND>87.50 and ONGC>269 now; Can fire anytime;
All for LONG.

NIFTY now around 4970; Trading choppy with slight positive bias;
Support of 4950-4940 acted very strong and prevented further fall;
Next Support is at 4930; Resistance may be seen at 4985;
No serious upmove until NIFTY crosses 5000;
NIFTY likely to continue slow upward movement;
Chances of picking up steam late in the day still there;
Be careful of not losing profits already made;
Maintain strict Stop-Loss if holding on to any scrip;
Sudden downturn can come anytime.

 

ALERT-4: 2:40pm

Market deep in the red; Going down further; Negative Bias;
RCOM WIPRO YESBANK gave small profits in LONG after our last Alert;
ONGC has been marginal; No Suggest looks good at this time;
Only RCOM>76 good for LONG if surge comes with strength;
Not the time to take fresh position; Better to Stay Away;
Be alert and maintan strict StopLoss if you are holding.

NIFTY around 4930 now; Coming down from 4985 after 4960;
Europe is in the green but going down now with negative bias;
Support of 4950-4940 has not been broken technically as yet;
This level together with next Support of 4930 still holding;
Resistance may be seen at 4985 and then at 5050;
It is likely that current level will hold till end of day;
Sudden move in either direction possible, but not likely;
Again... Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
83 85 88 90 91 93 95

Suggest-1:

ARVIND

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
263 265 270 272 275 277 279

Suggest-2:

ONGC

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
378 383 396 401 407 414 418

Suggest-3:

WIPRO

Approx. 1st Entry Point: Rs. (Time) 407 (1218)
Approx. 1st Exit Point: Rs. (Time) 414 (1317)
Avg. No. of Shares Traded: 140
Approx. Profit per Share: Rs. 7
Approx. Profit Today: Rs. 980

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
162 168 187 193 202 211 218

Also See-1:

PANTALOONR

Approx. 1st Entry Point: Rs. (Time) 192 (1009)
Approx. 1st Exit Point: Rs. (Time) 193.50 (1016)
Avg. No. of Shares Traded: 310
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 465

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
76 77 79 80 81 82 83

Also See-2:

RCOM

Approx. 1st Entry Point: Rs. (Time) 75.25 (1152)
Approx. 1st Exit Point: Rs. (Time) 76.25 (1318)
Avg. No. of Shares Traded: 790
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 790

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
276 281 291 295 300 305 310

Also See-3:

YESBANK

Approx. 1st Entry Point: Rs. (Time) 288 (1148)
Approx. 1st Exit Point: Rs. (Time) 291 (1316)
Avg. No. of Shares Traded: 200
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 600

 


 

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