IntradayTrade dot Net
Performance Results

Friday, 23-Dec-2011

  • Today again we had a late profit booking drop that spoilt the game — the slow but definite gains that were accumulated through the day were wiped clean late in the day. If you study the volume figures given in our 'Market Statistics' page you'll see that most of the selling came from the retail sector. Absence of institutional players is clear from the total volume figures. This is as per accepted norms as institutional players normally withdraw funds in the Christmas and New Year festive season. The near term trend, however, remains slightly positive.
  • Today was another bad day for the Intraday Trader wanting to go LONG as the NIFTY kept within a tight range around the line most of the day and then wend down suddenly. For the members of IntradayTrade dot Net, however, there were 3 winners amongst our Suggests that gave good returns today following our PricePoints and Alerts. Have a look!

 

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:

 

DLF

 

ORCHIDCHEM

 

TITAN

 

ALSO SEE:

BHARTIARTL

ONGC

TATAMOTORS


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up to Flat opening expected today in our markets;
Good and robust trading expected after opening;
Asian markets are good in the green and trading positive now;
Europe had closed good; US had also closed good last night;
INR-US$ is slightly down at 52.7225; WTI Crude is up at $99.45;

NIFTY Support levels today are: 4700, 4680, 4660, 4630, 4600;
NIFTY Resistance levels today are: 4750, 4770, 4810, 4850;

Today's near-term market trend is slightly positive;
Market may not pick up speed initially; To pick up later;
Good domestic trigger required to take market higher;
Intraday players: patience again — your chances will come.

 

ALERT-1: 10:00am

Small Gap-up opening for the NIFTY; Going flat around the line now;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DLF 199 197 203 205 300
ONGC 263 261 267 270 220

Also keep a watch on ORCHIDCHEM>141 TATAMOTORS>185 if upsurge comes;
All for LONG;

NIFTY around 4740 now; Opened around 4760; Went down to 4730;
Slight positive bias developing now; But volumes are low;
First Resistance of 4750 being tested now; Next is at 4770;
First Support is now at 4680; More Support is at 4650-4660;
Asian markets are deep in green; Our market should be good;
NIFTY likely to trade quiet and sideways for some more time;
Market should head upwards towards 4770-4810 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 in green; Trading flat; Fluctuating within a range;
DLF TATAMOTORS gave profits in LONG since last Alert;
Hold DLF>201 TATAMOTORS>186 if you are still in;
Watch BHARTIARTL>332 ORCHIDCHEM>141 TITAN>175 now if surge comes;
All can fire from here if surge comes; All for LONG.

NIFTY around 4740; No definite trend is developing;
Market fluctuating between 4730-4750 after opening;
First Resistance of 4750 still being tested; Next is at 4770;
First Support is still at 4680; More Support is at 4650-4660;
Asian markets are deep in green; Our market should be good;
No real upside till 4770 is crossed with confidence;
Some trigger is needed to give 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 still going Flat around line; Trading choppy now;
No Suggest gave small profits in LONG since last Alert;
None look good now for LONG; Discard old levels;
If surge comes, all can fire from present low stage:
BHARTIARTL>331 DLF>200 ORCHIDCHEM>141 TATAMOTORS>186 TITAN>175.

NIFTY now around 4755; Came up from about 4725;
Market has been quiet and range-bound for quite some time;
Signs of breaking out now; But volumes will have to increase;
First Resistance of 4750 under attack now; Next is at 4770;
First Support is now at 4725-4735; Next Support is at 4680;
No real upside till 4770 is crossed with confidence;
Europe is scheduled to open in the green; Our markets should surge;
Maintain strict StopLoss if taking position in LONG.

 

ALERT-4: 2:30pm

NIFTY back in the red; Strong profit booking drop has come;
ORCHIDCHEM gave profits in LONG since last Alert;
BHARTIARTL TATAMOTORS marginal; Could have given losses to some;
ORCHIDCHEM TITAN good for LONG if surge continues;
Be alert and maintain strict StopLoss if you are holding.

NIFTY around 4710 now; Coming down from a high of 4765;
Touched a low of 4705; Downward Trend likely to continue;
Europe is trading good now; Asia closed green on positive trend;
Resistance of 4770 has acted very strong; Prevented further rise;
Support of 4725-4735 has also been breached; Next is at 4700;
This seems to be holding to the time being; Likely to hold on;
NIFTY likely to trade horizontal and slowly go towards 4700;
Outside chance of a small recovery and close green for the day;
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
178 182 192 196 200 205 209

Suggest-1:

DLF

Approx. 1st Entry Point: Rs. (Time) 200 (1032)
Approx. 1st Exit Point: Rs. (Time) 201.50 (1047)
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
129 131 137 139 142 145 147

Suggest-2:

ORCHIDCHEM

Approx. 1st Entry Point: Rs. (Time) 141.50 (1210)
Approx. 1st Exit Point: Rs. (Time) 144 (1316)
Avg. No. of Shares Traded: 420
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 1050

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
160 163 171 175 178 182 186

Suggest-3:

TITAN

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
301 312 320 331 335 339 350

Also See-1:

BHARTIARTL

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
251 253 260 263 266 270 272

Also See-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
168 171 179 182 186 190 192

Also See-3:

TATAMOTORS

Approx. 1st Entry Point: Rs. (Time) 186 (1036)
Approx. 1st Exit Point: Rs. (Time) 187 (1235)
Approx. 2nd Entry Point: Rs. (Time) 185 (1512)
Approx. 2nd Exit Point: Rs. (Time) 186 (1516)
Avg. No. of Shares Traded: 320
Approx. Profit per Share: Rs. 2 (1+1)
Approx. Profit Today: Rs. 640

 


 

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