IntradayTrade dot Net
Performance Results

Thursday, 02-Feb-2012

  • There was a lot of ups and downs in today's market driven by all kinds of wrong sentiments mainly because of the 2G licence cancellations. While this was good for the Intraday Trader, the inexperienced had a tough time deciding whether to hold or to sell several times a day. Volume figures have increased fantastically and the FIIs continued the good work of January and have pumped in huge amounts in the two days of February. Have a look at our 'Market Statistics' page. We repeat what we said yesterday: If there are no drastic change in external or internal control-points, this bright scenario should carry over tomorrow.
  • In tune with the overall situation, 3 Suggests of IntradayTrade dot Net gave good profits in LONG following our Alerts. However, unlike yesterday, most of today's profits were not easy to get — at times it was not clear whether to hold on or not, and the sudden drops could have driven some of our members to a loss situation. That is really unfortunate.

 

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:

 

HINDALCO

 

IVRCLINFRA

 

SINTEX

 

ALSO SEE:

IDFC

PFC

TATASTEEL


 

SMS ALERTS for today

Pre-Market: 9:00am

Good Gap-Up opening expected for our markets today;
Asian markets are trading very good today morning;
Europe and US markets also closed good last night;
Positive news from Greece has boosted sentiments;
Better-than-expected US economic data has pushed markets higher;
In the domestic front, weekly inflation data due later today;
Indian markets are the best performing index in 2012 in Asia;
Outcome of the UP elections and the Union Budget are in focus now;
INR-US$ is strong at 49.2700; WTI Crude is at $97.52;

NIFTY Resistance levels today: 5250, 5280, 5300, 5320, 5360;
NIFTY Support levels are at: 5200, 5160, 5140, 5100, 5070;

Today's near-term market trend is positive; Robust trading expected;
Initial Pattern: Gap-up opening, consolidation or initial decrease;
Then range-bound trading for some time till an upsurge comes;
NIFTY upside target today is 5300+; Downside maximum 5050;
Profit booking fall likely at higher levels; Chances less today;
Intraday players will have to be ready for sudden chances;
As always, follow same method: Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Gap-up opening for the NIFTY; Going flat and good now; Positive bias;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PFC 184 182 187 190 320
SINTEX 88.50 87 91 93 670

Watch HINDALCO>155 and TATASTEEL>473 if upsurge comes;
All for LONG;

NIFTY around 5280 now; Opened around same level; Going flat;
First Resistance is strong at 5300; Next is at 5320;
First Support is now at 5240; Next Support is at 5200;
Asian markets are good; Our market outlook uncertain;
NIFTY likely to trade sideways with slight positive bias;
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; Struggling to Hold position; Trading very choppy;
No Suggest gave profits in LONG since last Alert;
Hold any Suggest if you are invested in them with strict StopLoss;
Old levels valid for all others if surge comes;
All these can rise from present levels; All for LONG.

NIFTY around 5250; Trading with negative bias now;
First Resistance is still at 5280-5300; Next is at 5320;
First Support of 5240 being tested now; Strong Support is at 5200;
Asian markets still very green; Our markets taking a fall;
Telecom licence cancellations taking its toll, it seems;
Market likely to see some downside now; More profit booking likely;
Market should turn around later if inflation figures are good;
Be watchful in LONG — Take small profit and exit; Repeat.

 

ALERT-3: 12:30pm

Market back in green; Going choppy now; Uncertain bias;
HINDALCO SINTEX TATASTEEL gave profits in LONG since last Alert;
Hold HINDALCO>157.50 SINTEX>91.50 TATASTEEL>475 if still in;
Watch PFC>184 IVRCLINFRA>58.50 now for LONG if upsurge comes;
Be careful and alert at all times: take small small profits.

NIFTY around 5270; Slight positive bias; Coming up from 5230;
Progress hindered by mixup on 2G news; Crawling back to normal;
Licence cancellations took its toll; But it affects only 5% users;
In any case, there is 4 months time and number portability;
Support of 5240 acted very strong; Next Support is at 5200;
First Resistance is still at 5280-5300; Next is at 5320;
Whole world is in the green; But Europe may open flat;
Much depends how Europe behaves after opening;
Domestic inflation figures can also give direction;
NIFTY likely to consolidate and trade sideways for some time;
Upsurge confirmed only if 5300 is crossed with confidence;
More profit booking can come in if Europe & inflation disappoints;
Be watchful in LONG — Take small profit and exit; Repeat;
Best to 'Stay Away' if wanting to go LONG until market turns up.

 

ALERT-4: 2:30pm

NIFTY back in the green; Going very choppy; Uncertain bias;
HINDALCO SINTEX TATASTEEL gave profits in LONG since our last Alert;
Hold HINDALCO>158 SINTEX>93 if you are still invested in them;
Watch PFC>184 TATASTEEL>478 now in last phase if surge comes;
Selling pressure continues; Maintain strict StopLoss in LONG.

NIFTY around 5270 now; Coming up from 5230; Touched a high of 5290;
Asian markets are positive; Europe has opened mixed and trading flat;
Strong Resistance of 5280-5300 remains to be crossed convincingly;
Support of 5240-5230 still very strong; Local Support found at 5250;
NIFTY likely to remain range-bound till closing today;
Only way NIFTY can close above 5300 is a turnaround in Europe;
If in profit, best to exit any position in LONG;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
139 142 149 151 155 158 161

Suggest-1:

HINDALCO

Approx. 1st Entry Point: Rs. (Time) 156 (1212)
Approx. 1st Exit Point: Rs. (Time) 159 (1512)
Avg. No. of Shares Traded: 380
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1140

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
46 48 53 55 58 60 62

Suggest-2:

IVRCLINFRA

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
77 78 83 84 86 89 90

Suggest-3:

SINTEX

Approx. 1st Entry Point: Rs. (Time) 89 (1012)
Approx. 1st Exit Point: Rs. (Time) 94 (1436)
Avg. No. of Shares Traded: 670
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 3350

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
127 129 135 137 139 142 144

Also See-1:

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
160 165 177 181 187 193 197

Also See-2:

PFC

Approx. 1st Entry Point: Rs. (Time) 185 (1006)
Approx. 1st Exit Point: Rs. (Time) 186 (1018)
Avg. No. of Shares Traded: 320
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 320

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
438 444 461 467 476 484 491

Also See-3:

TATASTEEL

Approx. 1st Entry Point: Rs. (Time) 475 (1213)
Approx. 1st Exit Point: Rs. (Time) 480 (1319)
Avg. No. of Shares Traded: 120
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 600

 


 

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