IntradayTrade dot Net
Performance Results

Monday, 13-Feb-2012

  • Yesterday we drew attention to the fact that the NIFTY is finding it extremely difficult to cross the 5400-mark. It has happened today also as we just could not stay above 5430 in intraday. Look at the daily chart and you'll see a solid resistance developing at the 5400-level. Everyday the NIFTY is making a high of about 5430 then coming down to close around 5400. This trend is disturbing.
  • As things stand today, it seems that the tug-of-war between the Bulls and the Bears will continue, which is good for the Intraday Trader. Today the Bulls staged a good late recovery to come back from 5350, as it happened yesterday from 5340. But the NIFTY has to cross 5430 on closing confidently for a few days before we can confirm an uptrend.
  • After a huge outlay starting from the New Year, it is quite natural the the FIIs will take a break in investing in India. Maybe they are also waiting for the NIFTY to cross 5430 on its own steam before getting back on board. Volumes are also going down steadily in the last few days. Time to do something.
  • Today again, three Suggests of IntradayTrade dot Net gave good returns in LONG following our Alerts. Again like yesterday, these profits were not easy to get although the margins were better today. ARVIND was great, but the take was very quick. BHARTIARTL also gave very small profits. Overall, not a bad day as our market predictions were quite accurate.

 

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:

 

ARVIND

 

IFCI

 

WIPRO

 

ALSO SEE:

BHARTIARTL

ROLTA

SAIL


 

SMS ALERTS for today

Pre-Market: 9:00am

Flat or Slight Gap-up opening expected for our markets today;
Asian markets are trading mostly green and on positive bias;
Europe and US however had closed in the red last weekend;
The Greek issue is expected to see some positive action this week;
In the domestic front, Wholesale Price Index (WPI) for January
is to be announced on Tuesday, which is expected to fall to 6.7%
compared with 7.5% last year; This should have positive impact;
SBI, COALINDIA, SAIL Q3 results are expected today;
SBI's results are likely to be below market expectations;
INR-US$ is holding at 49.4100; WTI Crude also holding at $98.67;

NIFTY Resistance levels today: 5400, 5430, 5470, 5500, 5525;
NIFTY Support levels are at: 5360, 5340, 5300, 5280, 5250;

Today's near-term market trend is still slightly positive;
There is a strong tendency for a correction today after a high week;
NIFTY needs to cross 5400 with confidence for upsurge to continue;
Market likely to open flat and then remain in a range initially;
NIFTY upside target today is 5480; Downside maximum 5250;
For Intraday: forecasts are for a correction, so be careful in LONG;
Do not take big risks; Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Flat opening for the NIFTY; Going choppy now; Around the line;
BHARTIARTL and IFCI have done OK since opening;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHARTIARTL 348 344 354 360 170
IFCI 40.25 39.80 41.20 41.80 1480

Watch ARVIND>102 and ROLTA>90 if upsurge comes;
All for LONG;

NIFTY around 5365 now; Opened around 5380;
Trading choppy in a range now; Slight negative bias;
First Support at 5360 has acted strong and is active now;
Next Support is at 5340; First Resistance is at 5390-5400;
World markets are in the green now; Our market uncertain;
Profit Booking has cone in right from the morning;
NIFTY likely to trade sideways with slight negative bias;
Upward breakout very much possible 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 trading Choppily around the line; Slight positive bias;
No Suggest gave profit in LONG since last Alert;
Hold BHARTIARTL>348 if you are already invested in it;
Watch ARVIND>101.50 SAIL>112 if upsurge comes;
All can rise from present levels; All for LONG.

NIFTY around 5375; Trading in the 5360-5390 range;
First Resistance is still at 5390-5400; Next is at 5430;
First Support at 5360 is still very active; Next is at 5340;
Asian markets in the green and supportive;
NIFTY likely to trade sideways and move upwards slowly;
But going will be slow; Quiet and uncertain outlook;
Be watchful and take small profit and exit; Repeat;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:40pm

Market still in red; Neutral bias; Quiet and Uncertain;
SAIL gave profit since last Alert; Hold BHARTIARTL>348 if in;
None looks good now for fresh position in LONG;
If upsurge comes, watch IFCI>40 and WIPRO>439 for LONG;
Be careful and alert at all times: take small small profits.

NIFTY around 5370 now; Coming up from about 5350;
Resistance of 5425-5430 acted very strong; Still active;
First Resistance is still at 5390-5400; Next is at 5430;
First Support at 5360-5350 is still active; Next is at 5340;
Asian markets are supportive still now;
Europe is slated to open Gap-up on Greek Austerity Bill;
Our market has selling pressure; See how Europe goes after opening;
Slow upside movement likely to come later in the day;
More selling will come in 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 back in the green; Positive bias right now; Recovery on;
ARVIND BHARTIARTL IFCI gave profits in LONG since our last Alert;
Hold IFCI>40.40 for LONG if you are still invested in it;
ARVIND>105 BHARTIARTL>349 good for LONG if surge holds;
But all can fire from present low level if upsurge comes.

NIFTY around 5400 now; Coming up from around 5350;
Market very choppy but progressive; Upsurge should hold;
Asian markets are closing in the green; Eurozone problems eased;
Europe opened in the green and are trading good right now;
Support of 5340 has acted very strong; Should hold for the day;
First Resistance at 5390-5400 looks like crossed; Next is at 5430;
NIFTY likely to see some more upside till closing;
If Europe goes down we'll see some downside in last 1/2 hour;
Maintain strict Stop-Loss if holding on to any scrip in LONG;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
91 93 99 101 104 106 109

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. (Time) 102 (1319)
Approx. 1st Exit Point: Rs. (Time) 106 (1325)
Avg. No. of Shares Traded: 580
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 2320

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
34.00 35.00 37.40 38.40 39.60 40.80 41.80

Suggest-2:

IFCI

Approx. 1st Entry Point: Rs. (Time) 40.40 (1335)
Approx. 1st Exit Point: Rs. (Time) 41 (1454)
Avg. No. of Shares Traded: 1480
Approx. Profit per Share: Rs. 0.60
Approx. Profit Today: Rs. 880

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
436 438 445 448 451 455 457

Suggest-3:

WIPRO

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
335 341 344 351 352 354 360

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
81 84 89 91 94 97 99

Also See-2:

ROLTA

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
105 106 111 112 115 117 118

Also See-3:

SAIL

Approx. 1st Entry Point: Rs. (Time) 112.50 (1146)
Approx. 1st Exit Point: Rs. (Time) 114 (1152)
Avg. No. of Shares Traded: 530
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 790

 


 

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