IntradayTrade dot Net
Performance Results

Thursday, 22-Dec-2011

  • Yesterday we had said, "We will get a few up days from here till about 4800 for the NIFTY, before the downward trend resumes." Today the NIFTY crossed 4700 confidently in the 2nd half backed by changing global cues and good inflation numbers. We have again correctly predicted today's upswing in our mid-day Alerts. If the global support remains tomorrow, we might see 4800 being crossed this weekend. What we need, like always, is more volume and better FII commitment.
  • It might be difficult to get better FII participation now as the timing is not correct — at this time of the year it is typical of foreign investors to pull out funds. FII inflows will resume mid-January.
  • Today was a good day for all kinds of players in the stock markets as the day started low, kept within a range most of the day and then gave a healthy spurt towards the end. For the Intraday Trader wanting to go LONG 'patience' was the watch-word. Those who displayed this, won at the end. For the Suggests of IntradayTrade dot Net, however, there were some winners right from the beginning. Except for one, all our Suggests gave good returns today following our PricePoints and Alerts.

 

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

SAIL


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down to Flat opening expected today in our markets;
Uncertain and choppy trading expected after opening;
Asian markets are down in the red and trading bad now;
Europe had closed down; US had also closed down last night;
INR-US$ is holding on at 52.4800; WTI Crude is at $97.22;

NIFTY Support levels today are: 4670, 4650, 4600, 4575, 4540;
NIFTY Resistance levels today are: 4700, 4750, 4770, 4815;

Today's near-term market trend is uncertain; More towards down;
Cautious trading is predicted initially; Volumes to remain low;
Good domestic trigger required to take market higher;
Intraday players — patience will pay off; chances will come.

 

ALERT-1: 10:00am

Big Gap-down opening for the NIFTY; Going up slowly after that;
HINDUNILVR is doing good from opening; Hold HINDUNILVR>408 if in;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ORCHIDCHEM 136 134 139 142 430
SAIL 79.50 77.80 81 82 750

Also keep a watch on ONGC>262 and SINTEX>69.50 if upsurge comes;
All for LONG;

NIFTY around 4670 now; Opened around 4640; Going up slowly;
First Support is now at 4650; More Support is at 4600;
First Resistance is at 4700; More Resistance is at 4750;
Asian markets are in the red; Our market has slight positive bias;
NIFTY likely to trade slightly positive till 4700;
Market should head upwards more sharply later in the day;
A sudden profit-booking fall cannot be ruled out;
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 red; Trading flat; Fluctuating within a range;
HINDUNILVR ORCHIDCHEM gave profits in LONG since last Alert;
Hold HINDUNILVR>410 ORCHIDCHEM>137.50 if you are still in;
Discard old levels; Watch SAIL>79.50 SINTEX>69 now if surge comes;
All can fire from here if surge comes; All for LONG.

NIFTY around 4660; No definite trend is developing;
Market fluctuating between 4640-4680 since opening;
First Support is still at 4650; More Support is at 4600;
First Resistance is at 4700; More Resistance is at 4750;
Asian markets are in the red; Our market has uncertain bias;
No real upside till 4700 is crossed with confidence;
Some trigger is needed for definite direction;
Market sentiment is uncertain; But both sides possible;
Be careful in LONG in uncertain market; Stay away if not sure.

 

ALERT-3: 12:30pm

Market in the red; Trading choppy now; Took a small fall;
HINDUNILVR gave small profits in LONG since last Alert;
None look good now for LONG; Discard old levels;
All can fire from present low stage if surge comes.

NIFTY now around 4650; Came down from about 4670 to below 4640;
Market trading quiet in and around 4640 now;
Support of 4650 is still being tested; More Support is at 4600;
First Resistance is at 4700; More Resistance is at 4750;
Asian markets are turning positive; European cues are positive;
Europe is scheduled to open in the green; Our markets should surge;
No real upside now till 4680 is crossed with confidence;
A sudden profit-booking fall cannot be ruled out at upper levels;
Maintain strict StopLoss if taking position in LONG.

 

ALERT-4: 2:30pm

NIFTY back in the green; Upsurge has come very strong;
ONGC ORCHIDCHEM SINTEX gave profits in LONG since last Alert;
Hold ONGC>263 ORCHIDCHEM>140 SINTEX>70 if surge continues;
CAIRN>317 HINDUNILVR>410 good for LONG if surge continues;
Be alert and maintain strict StopLoss if you are holding.

NIFTY around 4720 now; Coming up from a low of 4630;
Already almost a 90-point jump; Trend likely to continue;
Europe is trading good now; Asia closed red but on positive trend;
Resistance of 4700 passed with confidence; Next Resistance is at 4750;
Support is now at 4700; More Support is at 4680 and 4630;
NIFTY likely to go up and test 4750 today; And close green;
Unless, like before, we get a late strong profit booking bout;
Maintain strict StopLoss if holding any position in LONG;
Do not risk profits already made; Do not play if not sure.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
311 313 318 320 322 325 327

Suggest-1:

CAIRN

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
126 129 134 136 139 142 144

Suggest-2:

ORCHIDCHEM

Approx. 1st Entry Point: Rs. (Time) 136.50 (1056)
Approx. 1st Exit Point: Rs. (Time) 141 (1512)
Avg. No. of Shares Traded: 430
Approx. Profit per Share: Rs. 4.50
Approx. Profit Today: Rs. 1930

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
64.40 65.60 68.40 69.60 71.00 72.40 73.60

Suggest-3:

SINTEX

Approx. 1st Entry Point: Rs. (Time) 69.50 (1351)
Approx. 1st Exit Point: Rs. (Time) 71 (1440)
Avg. No. of Shares Traded: 860
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 1290

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
393 395 400 402 404 407 409

Also See-1:

HINDUNILVR

Approx. 1st Entry Point: Rs. (Time) 405 (0931)
Approx. 1st Exit Point: Rs. (Time) 412 (1207)
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
249 251 257 260 263 266 269

Also See-2:

ONGC

Approx. 1st Entry Point: Rs. (Time) 261 (1402)
Approx. 1st Exit Point: Rs. (Time) 265 (1509)
Avg. No. of Shares Traded: 230
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 920

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
77.10 77.80 79.60 80.30 81.10 82.00 82.70

Also See-3:

SAIL

Approx. 1st Entry Point: Rs. (Time) 79.25 (1406)
Approx. 1st Exit Point: Rs. (Time) 80.25 (1507)
Avg. No. of Shares Traded: 750
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 750

 


 

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