IntradayTrade dot Net
Performance Results

Thursday, 15-Dec-2011

  • The upside did come today in the second half, exactly as we had predicted. The day started on a dismal note as the Euro problems just would not go away. Food inflation falling to nearly a four-year low of 4.35% for the week ended 3rd December provided the much-needed upsurge in our market. Good Europe opening pulled it up further, but a sudden reversal in European markets prevented a positive closing, as we had expected.
  • We definitely feel that the interim bottom of 4640 made by the NIFTY on 24-Nov-2011 will hold, and we will see upside from here. NIFTY has very strong support at 4740 — this is holding as we are closing just above this level for the last two days. Today the NIFTY went down to 4673 at one time. We feel 4640 will hold.
  • Nervousness ahead of the Reserve Bank of India's quarterly policy review tomorrow persists in our market. No hike in rates will be a positive.
  • For the normal investor in the stock market, today was inconsequential as there was a marginal drop and not much else happening. But for the Intraday Trader wanting to go LONG, this was a great day as lots of opportunities were presented in the second half. In line with this, the Suggests of IntradayTrade dot Net gave good results in LONG following our PricePoints and Alerts. Our choices were good and the Alerts were helpful.

 

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:

 

ITC

 

PETRONET

 

WIPRO

 

ALSO SEE:

BHARTIARTL

NTPC

WELCORP


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down and cautious opening trading expected today also;
Asian markets are trading in red with uncertain bias;
Europe had closed red; US had also closed in the red last night;
World markets keep suffering as worries about Europe persist;
INR-US$ is further down to 53.7100; WTI Crude is down to $94.96;

NIFTY Support levels today are: 4740, 4700, 4670, 4640;
NIFTY Resistance levels today are: 4825, 4850, 4880, 4930;

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 investors don't want to take risk;
In the domestic area, falling Rupee is getting out of hand;
However, India's job market is said to boom in 2012;
As per our calculations, we'll see some upsurge during the day;
Intraday players — wait for your opportunity, it'll come.

 

ALERT-1: 10:00am

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

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
NTPC 162 161 165 167 360
PETRONET 159 158 162 164 370

Also keep a watch on BHARTIARTL>337 and ITC>199.50 if surge comes;
All for LONG;

NIFTY around 4700 now; Opened around 4720; Coming down;
First Support is at 4700; More Support is at 4670;
First Resistance is at 4760; More Resistance is at 4825;
NIFTY likely to trade flat with slight negative bias;
Rupee has breached the 54-mark today morning; Whole world is in red;
But our Market has potential to head towards 4800 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: 11:00am

Market deep in red; Trading quiet and flat with negative bias;
No Suggest gave profits in LONG since last Alert;
None looks good now for LONG; Discard old levels;
All can fire from current low levels if surge comes.

NIFTY around 4690; 4700-level has been breached;
First Support is now at 4670-levels; More at 4640;
First Resistance is now at 4730; More Resistance is at 4760;
Whole world is still in the red; More than 1.5% down everywhere;
NIFTY likely to go down further and trade choppy for some time;
Market sentiments down as of now; More downside till 4640 possible;
Stay away if not sure; Be careful in LONG in uncertain market.

 

ALERT-3: 12:45pm

Market in the red; Recovery attempt on at present;
Trading choppy; Slight positive bias;
World markets bad; Europe expected to open in red;
NTPC gave small profits in LONG since last Alert;
Hold NTPC>163 if you are invested in it;
See PETRONET>159 WELCORP>81.50 WIPRO>407 now for LONG;
Discard old levels; All can surge from current levels;
All for LONG.

NIFTY now around 4715; Went down to below 4680;
Support level of 4670 holding strong as of now;
More Support is around 4640; Resistance now is at 4730;
This and 4760 have to be crossed for significant upside;
Whole world is still in the red; But our market should hold;
Market reacting positive to good food inflation numbers;
NIFTY likely to trade positive now till about 4760;
Market has potential to head higher later in the day;
Much will depend on global cues after Europe opens;
Be sure & certain if taking position in LONG.

 

ALERT-4: 2:30pm

NIFTY just into green; Going strongly up now; Positive bias;
All Suggests except WIPRO gave profits in LONG after our last Alert;
Hold all except BHARTIARTL if you are still invested in them;
All look good if surge continues with strength;
Be alert and maintain strict StopLoss if you are holding;
Sudden profit-booking slump possible after 4780.

NIFTY around 4755 now; Coming up from a low of 4675;
Europe is in the green and going steady now;
First Resistance of 4730 has been breached; Next is at 4760;
This is under test now; Should be covered shortly;
First Support is now at 4740; More Support is at 4710;
NIFTY should close in the green for the day;
Do not risk profits already made; Stay Away if not sure.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
194 195 198 200 201 203 204

Suggest-1:

ITC

Approx. 1st Entry Point: Rs. (Time) 199.50 (1319)
Approx. 1st Exit Point: Rs. (Time) 201 (1347)
Avg. No. of Shares Traded: 300
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 450

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
153 155 158 159 161 162 164

Suggest-2:

PETRONET

Approx. 1st Entry Point: Rs. (Time) 159 (1238)
Approx. 1st Exit Point: Rs. (Time) 161.50 (1406)
Avg. No. of Shares Traded: 370
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 925

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
404 407 412 415 418 421 424

Suggest-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

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
333 338 345 350 353 357 361

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. (Time) 337 (1357)
Approx. 1st Exit Point: Rs. (Time) 340 (1359)
Avg. No. of Shares Traded: 170
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 510

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
158 161 162 164 165 166 168

Also See-2:

NTPC

Approx. 1st Entry Point: Rs. (Time) 163 (1147)
Approx. 1st Exit Point: Rs. (Time) 167 (1344)
Avg. No. of Shares Traded: 360
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 1440

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
74.70 76.40 79.30 81.00 82.40 83.80 85.50

Also See-3:

WELCORP

Approx. 1st Entry Point: Rs. (Time) 81.50 (1133)
Approx. 1st Exit Point: Rs. (Time) 84.50 (1506)
Avg. No. of Shares Traded: 730
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 2190

 


 

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