IntradayTrade dot Net
Performance Results

Tuesday, 07-Feb-2012

  • There was absolutely no scope for intraday trading in LONG today as the NIFTY kept within a very narrow and tight range just above the line for most of the day. And then went down. We had expected the correction and spoke about it in yesterday's report. Volumes and FII investment both continue to be good. FIIs bought equities in the Indian market worth more than Rs 6300 crore in the 5 days of this month alone. The near term trend remains positive and the upward march should continue after a little more downside.
  • Finance Minister, Pranab Mukherjee will table the Union Budget for 2012-2013 in the Lok Sabha on March 16, 2012. The Rail Budget will be presented on March 14 and the Economic Survey will be tabled on March 15.
  • Although the day was not conducive for intraday trading, the Suggests of IntradayTrade dot Net did an OK job in LONG following our Alerts. And these profits were not difficult to get even for the very new and inexperienced.

 

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

 

CENTURYTEX

 

TATAMOTORS

 

ALSO SEE:

DENABANK

POWERGRID

RELCAPITAL


 

SMS ALERTS for today

Pre-Market: 9:00am

Flat or slight Gap-up opening expected for our markets today;
Asian markets are trading mixed today morning;
Europe and US markets had closed in the red last night;
Greek debt worries pulled market down yesterday;
In the domestic front, FII investments keep coming in;
INR-US$ is slight up at 49.0500; WTI Crude is at $97.25;

NIFTY Resistance levels today: 5375-5390, 5400-5410, 5425-5435;
NIFTY Support levels are at: 5340-5320, 5295-5275, 5260-5245;

Today's near-term market trend is uncertain; Momentum is flat;
Volatility can be expected today also; Wait for market to settle down;
GDP figures expected today which can give direction to our markets;
Upsurge possible early if profit booking can be limited;
NIFTY upside target today is 5450; Downside maximum 5200;
Intraday players: Like yesterday, playing may be difficult today;
Do not take big risks; Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Flat opening for the NIFTY; Going flat now; In the green;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CENTURYTEX 312 310 316 321 190
DENABANK 81.50 79 84 86 710

Watch AMBUJACEM>180 and TATAMOTORS>253 if upsurge comes;
All for LONG;

NIFTY around 5365 now; Opened above 5410; Came down instantly;
First Resistance zone of 5375-5390 holding now;
First Local Support at 5360 is also holding for the present;
More Resistance is at 5400; More Support is at 5330;
World markets are mixed; Our market outlook uncertain;
NIFTY likely to trade sideways and choppy without any trigger;
Profit booking can set in if there are no inputs;
Be sure and certain before taking position in LONG;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market has slight positive bias; Slowly going up in the green;
CENTURYTEX DENABANK are doing OK in LONG since last Alert;
Hold CENTURYTEX>314 DENABANK>82 if you are already in them;
Watch POWERGRID>109 TATAMOTORS>253 now if market upsurge holds;
All can rise from present levels; All for LONG.

NIFTY around 5380; Coming up from below 5360; Almost touched 5400;
Resistance of 5390 holding, still not crossed convincingly;
First Local Support at 5360 is also holding for the present;
More Resistance is at 5410; More Support is at 5330;
World markets are mixed; Asia may recover towards closing;
Our markets expecting good yearly GDP growth to be announced today;
Any figure above 7% growth can trigger a fresh and sustained upsurge;
Market expectation: 7-7.5%; Last year GDP growth was 8.4%;
Market likely to see some upside; But Momentum has reduced;
Be watchful and wait for stability before going LONG;
Take small profit and exit; Repeat;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:30pm

Market in the green; Holding on to position; Slight negative bias;
AMBUJACEM CENTURYTEX gave small profit in LONG since last Alert;
Hold CENTURYTEX>315 if you are still invested in it;
See now AMBUJACEM>180 RELCAPITAL>382 if upsurge comes;
GDP figures were disappointing; Market can see some downside;
Be careful and alert at all times: take small small profits.

NIFTY around 5370 now; Fluctuating between 5365-5380 since 11:15am;
Resistance of 5390 holding, still not crossed convincingly;
First Local Support at 5360 is also holding for the present;
More Resistance is at 5410; More Support is at 5330;
Asian markets largely in the red; Trading flat;
Europe is slated to open Flat or in the red;
Much depends how Europe behaves after opening;
NIFTY likely to trade range bound or with slight negative bias;
Profit booking will be sharp if Europe disappoints;
Be watchful in LONG — Take small profit and exit; Repeat;
Best not to take fresh position in LONG until market turns up.

 

ALERT-4: 2:30pm

NIFTY has gone into the red; Selling pressure is strong;
AMBUJACEM CENTURYTEX gave small profits in LONG since our last Alert;
None look good for LONG at this time; But all can fire from present
low level if market turns up; More Selling pressure can come;
Best to 'Stay Away' until surge comes and market turns.

NIFTY below 5340 now; Coming down from 5390 in an hour's time;
Asian markets, except Singapore, are closing negative;
Europe opened green, went deep into red, recovering somewhat;
Support at 5360 has been broken; Support of 5330 under test now;
Resistance of 5390 could not be crossed by the NIFTY;
More Resistance is at 5410; More Support is at 5300-5295;
NIFTY likely to see some more downside as profit booking continues;
If Europe helps we can see some consolidation/upside in last 1/2 hour;
If in profit, best to Stay Away and avoid any position in LONG;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
170 172 178 180 182 185 187

Suggest-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. (Time) 179 (1204)
Approx. 1st Exit Point: Rs. (Time) 181 (1226)
Avg. No. of Shares Traded: 330
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 660

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
286 291 303 309 315 321 327

Suggest-2:

CENTURYTEX

Approx. 1st Entry Point: Rs. (Time) 313 (1010)
Approx. 1st Exit Point: Rs. (Time) 317 (1228)
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 760

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
241 244 249 251 253 256 258

Suggest-3:

TATAMOTORS

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
70 72 77 79 82 84 86

Also See-1:

DENABANK

Approx. 1st Entry Point: Rs. (Time) 81.75 (1021)
Approx. 1st Exit Point: Rs. (Time) 82.25 (1053)
Avg. No. of Shares Traded: 730
Approx. Profit per Share: Rs. 0.50
Approx. Profit Today: Rs. 360

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
105 106 108 109 110 111 112

Also See-2:

POWERGRID

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
369 373 382 386 390 395 399

Also See-3:

RELCAPITAL

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