IntradayTrade dot Net
Performance Results

Wednesday, 21-Dec-2011

  • The short-term reversal that we were talking about was seen today backed by good global cues. What happened today is in no way going to affect the long term trend of our markets, which is down. We will get a few up days from here till about 4800 for the NIFTY, before the downward trend resumes. This is what the daily NIFTY charts are saying. However, as of this writing, European markets are going down fast once again and US trading is uncertain. Meaning, we might not get supporting global cues tomorrow. And the reversal may be short-lived. Lets see.
  • For the normal investor today was an excellent day with the NIFTY making almost a 150-point gain. In our Alert of 2:30pm we had said that the NIFTY will have an upsurge and try to get to 4650. NIFTY had a shot at 4700 instead! But for the Intraday player there was hardly anything today as the market stayed within a range right till the end when it gave that upsurge. This surge helped 3 Suggests of IntradayTrade dot Net to give good results in LONG today following our PricePoints and Alerts. Patience paid off.

 

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:

 

CAIRN

 

ORCHIDCHEM

 

SINTEX

 

ALSO SEE:

HINDUNILVR

ONGC

TATACOMM


 

SMS ALERTS for today

Pre-Market: 8:30am

Big Gap-up opening expected today in our markets;
Robust but choppy trading expected after opening;
Asian markets are high in the green and trading flat now;
Europe had closed green; US had also closed good last night;
INR-US$ is holding on at 52.8000; WTI Crude is at $97.00;

NIFTY Support levels today are: 4500, 4450, 4400, 4350;
NIFTY Resistance levels today are: 4570, 4610, 4650, 4680;

Today's near-term market trend is uncertain;
Good trading is predicted initially;
Profit booking slump can happen again like Friday and yesterday;
Intraday players — you'll get good chances today.

 

ALERT-1: 10:00am

80-point Gap-up opening for the NIFTY; Going flat after that;
CAIRN is doing good from opening; Hold CAIRN>320 if you are in it;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HINDUNILVR 404 402 408 412 150
TATACOMM 215 213 220 224 270

Also keep a watch on ORCHIDCHEM>135 and SINTEX>67.50 if upsurge comes;
All for LONG;

NIFTY around 4620 now; Opened around 4640; Went down to 4600;
First Support is now at 4580; More Support is at 4560 and 4540;
First Resistance is at 4650; More Resistance is at 4675-4680;
Asian markets are in the green; Our market direction uncertain;
NIFTY likely to trade flat and range-bound for some time;
Market should head upwards later in the day; Then sudden fall;
Be sure and certain before taking position in LONG;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market in green; Trading flat; Holding on to gains;
No Suggest gave profits in LONG since last Alert;
No Suggest looks good for LONG at this time; Discard old levels;
Watch CAIRN>319 ONGC>256 ORCHIDCHEM>134 SINTEX>68 if surge comes;
All can fire from here if surge comes; All for LONG.

NIFTY around 4620; No definite trend is developing;
Market fluctuating between 4600-4630 since opening;
First Support is still at 4580; More Support is at 4560 and 4540;
First Resistance is still at 4650; More Resistance is at 4675-4680;
Whole world is in the green; Our market direction uncertain;
Market sentiment is to hold on to gains; But both sides possible;
Be careful in LONG in uncertain market; Stay away if not sure.

 

ALERT-3: 12:30pm

Market in the green; Trading flat even now; Holding on to gains;
SINTEX gave small profits in LONG since last Alert; Hold SINTEX>70;
See HINDUNILVR>401 ONGC>256 for LONG if surge comes.

NIFTY now around 4615; No definite trend emerging even now;
Even now, Market trading quiet in the range between 4600-4630;
First Support is still at 4580; More Support is at 4560 and 4540;
First Resistance is still at 4650; More Resistance is at 4675-4680;
Whole world is in the green with only China going into the red;
Our Market sentiment is to hold on to gains; Trading quiet;
Both sides possible anytime; Good trigger required;
Anna's anger on LokPal going without CBI not good enough;
Europe to open in green; But all is quiet in pre-festival mode;
NIFTY can go horizontal until we get a trigger;
Which way, will depend on global cues after Europe opens;
Maintain strict StopLoss if taking position in LONG.

 

ALERT-4: 2:30pm

NIFTY in the green; Small upsurge did not hold;
No Suggest gave profit in LONG since last Alert;
ONGC>256 ORCHIDCHEM>134 SINTEX>69.50 good for LONG if surge comes;
All can go up from present level if upsurge comes back;
Be alert and maintain strict StopLoss if you are holding.

NIFTY around 4615 now; Went up to 4645 from a low of 4600;
Going down now; Already a 30-point fall;
Europe is trading good now; Asia, except China, closed good;
Resistance of 4650 acted very strong and restricted upsurge;
More Resistance is at 4675; Support of 4600 will be tested now;
More Support is at 4580; But 4600 likely to hold for the day;
NIFTY likely to get back and test 4650 again today;
Unless, like yesterday, we get a late strong profit booking bout;
Do not risk profits already made; Do not play if not sure.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
300 303 308 312 314 317 320

Suggest-1:

CAIRN

Approx. 1st Entry Point: Rs. (Time) 318 (0943)
Approx. 1st Exit Point: Rs. (Time) 320 (0958)
Avg. No. of Shares Traded: 180
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 360

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
119 123 129 133 136 139 143

Suggest-2:

ORCHIDCHEM

Approx. 1st Entry Point: Rs. (Time) 135 (1458)
Approx. 1st Exit Point: Rs. (Time) 138 (1522)
Avg. No. of Shares Traded: 440
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1320

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
57 60 64 67 69 72 74

Suggest-3:

SINTEX

Approx. 1st Entry Point: Rs. (Time) 68 (1055)
Approx. 1st Exit Point: Rs. (Time) 70 (1339)
Avg. No. of Shares Traded: 880
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 1760

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
387 391 396 399 402 404 408

Also See-1:

HINDUNILVR

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
245 247 251 253 255 257 259

Also See-2:

ONGC

Approx. 1st Entry Point: Rs. (Time) 257 (1452)
Approx. 1st Exit Point: Rs. (Time) 262 (1505)
Avg. No. of Shares Traded: 230
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 1150

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
197 202 208 213 216 220 224

Also See-3:

TATACOMM

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