IntradayTrade dot Net
Performance Results

Wednesday, 14-Dec-2011

  • In yesterday's report we had hoped to see a pullback today if we got domestic cues. And we got several today, some good some bad and some misleading. The day started well but the inflation figures were mis-read. So we feel. The result was a sharp fall just before mid-day. By the time the market realised and corrected, reports on the falling Rupee and a possible hike in petrol prices surfaced. Everything fell apart. Luckily, 4740 for the NIFTY held as we had predicted. We still feel a pullback is coming. Sooner than later.
  • The market was very choppy the whole day which gave Intraday Traders a lot of scope. The Suggests of IntradayTrade dot Net were thus capable of giving adequate profits in LONG following our PricePoints and Alerts. But like in the last few days, these profits were not easy to get.

 

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:

 

HINDALCO

 

IDFC

 

NTPC

 

ALSO SEE:

JPASSOCIAT

TATASTEEL

WIPRO


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down and cautious opening trading expected today;
Asian markets are trading in red with uncertain bias;
Europe had closed red; US had also closed in the red last night;
INR-US$ is further down to 53.2200; WTI Crude up to $99.80;

NIFTY Support levels today are: 4775, 4740, 4700, 4650;
NIFTY Resistance levels today are: 4850, 4890, 4930, 4950;

Today's Near-term Market trend is down; More decline predicted;
Technical mid-term trend for the NIFTY is now down;
World markets have fallen as US data has been dissapointing;
In the domestic area, falling Rupee is a big concern;
However, Novemberís inflation expected to come down to 8.7%;
As per our calculations, we'll see downside initially then upsurge later;
Intraday players — wait for your opportunity, it'll come.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Recovering now; In the green;
HINDALCO IDFC have done OK at opening; Hold HINDALCO IDFC if in;
Or, Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HINDALCO 130 128 134 138 450
IDFC 106.50 105 109 111 560

Also keep a watch on JPASSOCIAT>61.50 and NTPC>164 if surge takes speed;
All for LONG;

NIFTY around 4810 now; Opened around 4790; Went up to 4820;
First Support is now at 4775; More Support is at 4740;
First Resistance is at 4850; More Resistance is at 4890;
NIFTY likely to trade positive for some time;
Market has potential to head towards 4900 later in the day;
Be sure and certain before taking position in LONG;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-2: 1:00pm

Market back in green; Took a fall after inflation figures;
Recovered a little; Flat bias now; Trading quiet;
All except TATASTEEL gave profits in LONG since last Alert;
Hold NTPC>166 and WIPRO>414 if you are already in it;
Watch HINDALCO>129 IDFC>62 now if surge picks up speed;
All can fire from current low levels if surge comes;
All for LONG.

NIFTY around 4810; Went down to a low of 4770;
Touched a high of 4840 for the day; Now coming down from 4825;
First Resistance is now at 4825; More Resistance is at 4850;
First Support is still around 4775; Likely to hold for the day;
Whole world is still in the red; But our market should hold;
NIFTY likely to trade choppy for some more time around the line;
Market outlook uncertain as of now; More downside till 4770 possible;
Stay away if not sure; Be careful in LONG in uncertain market.

 

ALERT-3: 2:30pm

NIFTY in the red; Going down now; Negative bias;
WIPRO gave small profits in LONG after our last Alert;
Hold NTPC>166 if you are still invested in it;
JPASSOCIAT>61.80 TATASTEEL>380 WIPRO>416 look good if surge comes;
Not the time to take fresh position if not very sure;
Be alert and maintain strict StopLoss if you are holding.

NIFTY around 4770 now; Going down from a high of 4825;
Europe is mostly in the red and going choppy now;
First Support of 4775 seems to be breached; Next is at 4740;
First Resistance is now at 4825; More Resistance is at 4850;
More downside not ruled out; But 4740 should hold for the day;
Do not risk profits already made; Stay Away if not sure.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
116 119 126 128 132 135 138

Suggest-1:

HINDALCO

Approx. 1st Entry Point: Rs. (Time) 129 (0951)
Approx. 1st Exit Point: Rs. (Time) 130.50 (1029)
Avg. No. of Shares Traded: 450
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 675

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
99 101 104 105 107 109 110

Suggest-2:

IDFC

Approx. 1st Entry Point: Rs. (Time) 106.50 (1008)
Approx. 1st Exit Point: Rs. (Time) 108.50 (1135)
Avg. No. of Shares Traded: 560
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 1120

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
155 158 164 166 169 172 175

Suggest-3:

NTPC

Approx. 1st Entry Point: Rs. (Time) 165 (1221)
Approx. 1st Exit Point: Rs. (Time) 166 (1326)
Avg. No. of Shares Traded: 360
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 360

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
55.10 56.40 59.10 60.40 61.70 63.10 64.40

Also See-1:

JPASSOCIAT

Approx. 1st Entry Point: Rs. (Time) 61.50 (1022)
Approx. 1st Exit Point: Rs. (Time) 62.20 (1033)
Avg. No. of Shares Traded: 970
Approx. Profit per Share: Rs. 0.70
Approx. Profit Today: Rs. 670

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
361 367 383 389 397 405 411

Also See-2:

TATASTEEL

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
385 395 401 411 414 417 427

Also See-3:

WIPRO

Approx. 1st Entry Point: Rs. (Time) 413 (1240)
Approx. 1st Exit Point: Rs. (Time) 417 (1353)
Avg. No. of Shares Traded: 140
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 560

 


 

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