IntradayTrade dot Net
Performance Results

Wednesday, 18-Jan-2012

  • There was huge turbulence in our markets today with profit booking coming in from one side and the good vibes from global cues and RIL buyback trying to neutralise the fall. Domestic concerns, highlighted by the finance minister's concerns about the government's ability to achieve the fiscal deficit target, and the World Bank's cut in global growth forecast induced a high degree of volatility and saw the market snapping its four-day winning streak today.
  • Two points to note: the pre-budget rally that was being talked about is probably underway at the moment aided by good FIIs inflows; and secondly, the RIL venture is slated to be the largest ever buyback program in the history of Indian capital market. Near-term trend is still positive and the NIFTY should cross 5000 before going down. However, for the last two days the NIFTY has not been able to go above 4980.
  • Bad days continue for IntradayTrade dot Net as our Suggests could not make any headway in LONG for the second day in a row. Market volatility is supposed to be favourable for intraday trading, but our Suggests could not make use of them following our Alerts. JPASSOCIAT gave some profits and we missed out on IDFC as we had not mentioned the correct level in our Alerts.
  • Good thing is: we did not give out any Alert that could have taken our members to a loss situation. In fact, right from the 12:30pm Alert we advised our members to 'Stay Away' and did not mention any stock to follow. Going forward, we surely expect much better performance from our Suggests 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:

 

AMBUJACEM

 

NTPC

 

TATASTEEL

 

ALSO SEE:

BHARTIARTL

IDFC

JPASSOCIAT


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-up to Flat opening expected for our markets today also;
Asian markets are on positive bias with only China in red;
Europe and US markets had closed strong on easing of Eurozone worries;
TCS Q3 results good and positive market reaction expected today;
INR-US$ is now at 50.7075; WTI Crude is at $101.02;

NIFTY Support levels today are: 4930, 4900, 4860, 4830;
NIFTY Resistance levels today are: 5000, 5050, 5070, 5100;

Today's near-term market trend is positive; Momentum high;
Choppy trading expected to continue in our markets;
Market direction is expected to be upwards overall;
NIFTY is expected to cross the 5000-mark today;
Huge chances of a Profit booking slump at higher levels;
Intraday players: take small profits and repeat.

 

ALERT-1: 10:00am

Gap-up opening for the NIFTY; Went down; Choppy in the green now;
JPASSOCIAT NTPC have done good in LONG since opening;
Hold JPASSOCIAT>64.50 and NTPC>168.50 if you are already in them;
Or, Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHARTIARTL 351 350 356 360 170
TATASTEEL 442 440 449 454 130

Watch AMBUJACEM>160 and IDFC>118.50 if surge comes;
All for LONG;

NIFTY just below 4970 now; Opened above 4975; Went down to 4950;
Trading very choppy with uncertain bias; In the green now;
Found local Resistance at 4975; That is first Resistance now;
More Resistance will be at 5000; Support is at 4950-4930;
World markets, except China, are in the green at this time;
Our market outlook very uncertain; Can go both ways;
NIFTY likely to trade sideways and consolidate around the line;
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; Going Choppy; Fluctuating around the line;
No Suggest gave profits in LONG since last Alert;
Hold JPASSOCIAT>64.50 NTPC>168.50 if you are still in them;
Watch AMBUJACEM>159 BHARTIARTL>350 IDFC>119 TATASTEEL>438 now
if upsurge comes with strength; All for LONG.

NIFTY still around 4970; NIFTY unable to breakout above 4975;
Fluctuating in the tight range of 4960-4975 after opening;
First Resistance is at 4975; More Resistance will be at 5000;
First Support is still at 4950; More Support is at 4930;
All world markets, except China, are in the green at this time;
NIFTY likely to trade sideways and flat for some more time;
Market direction is slightly upwards as of now;
Be careful in LONG — Best to stay away, unless sure.

 

ALERT-3: 12:30pm

Market in red; Took a fall; Going Choppy now with negative bias;
No Suggest gave profits in LONG since last Alert;
No Suggest looks good now for LONG;
All can fire from present low levels if upsurge comes.

NIFTY around 4940; NIFTY could not breakout above 4975;
Went down in a profit booking bout; More downside possible;
Got stuck in first Support of 4950; That has been breached;
Now testing next Support of 4930; Next Support is at 4900;
First Resistance is at 4975; More Resistance will be at 5000;
Asian markets have turned negative; Europe expected to open mixed;
NIFTY likely to trade sideways and down for some more time;
Be careful in LONG — Best to stay away, unless sure.

 

ALERT-4: 2:30pm

NIFTY deep in the red; Selling continues in our market;
No Suggest gave profits in LONG since our last Alert;
None looks good for LONG at this time; Recovery possible;
All Suggests good for LONG from present level if surge comes;
Be alert and maintain strict StopLoss if holding.

NIFTY around 4950 now; Support of 4930 acted strong;
Market trying to recover some lost ground now;
First Resistance is now at 4960; More is at 4975;
Europe had opened bad and gone down further; Recovering now;
We'll see some upside if global cues turn positive;
Profit booking slump can intensify if that doesn't happen;
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
149 150 155 156 158 161 162

Suggest-1:

AMBUJACEM

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
160 161 165 166 168 170 171

Suggest-2:

NTPC

Approx. 1st Entry Point: Rs. (Time) 168 (0930)
Approx. 1st Exit Point: Rs. (Time) 169 (1011)
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 350

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
408 415 433 441 449 458 466

Suggest-3:

TATASTEEL

Approx. 1st Entry Point: Rs. (Time) 426 (1439)
Approx. 1st Exit Point: Rs. (Time) 428 (1451)
Avg. No. of Shares Traded: 140
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 280

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
335 338 343 345 347 350 352

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
108 110 114 116 118 120 122

Also See-2:

IDFC

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
59.00 59.90 62.20 63.10 64.20 65.30 66.20

Also See-3:

JPASSOCIAT

Approx. 1st Entry Point: Rs. (Time) 63.70 (0944)
Approx. 1st Exit Point: Rs. (Time) 64.50 (1125)
Avg. No. of Shares Traded: 940
Approx. Profit per Share: Rs. 0.80
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