IntradayTrade dot Net
Performance Results

Wednesday, 22-Feb-2012

  • What we had predicted for yesterday, happened today. With F&O expiry tomorrow, we cannot expect the market to bounce back very strongly. But bounce back it will, in a few day's time as the trend is still positive. Supporting signs are: good volumes and continued FII investment in India.
  • In spite of all the destruction and turmoil around us, the Suggests of IntradayTrade dot Net gave good returns in LONG today. Sure, these profits were not easy to get and the range was very low, but the very fact that we could give profits in LONG on a day when the NIFTY has gone down by more than 100-points, is achievement enough!

 

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:

 

GODREJIND

 

HINDOILEXP

 

RCOM

 

ALSO SEE:

BHARTIARTL

HDIL

ORCHIDCHEM


 

ALERTS for Wednesday, 22-Feb-2012

Pre-Market: 9:00am

Flat opening and choppy trading expected for our markets today;
Asian markets, except Japan, are trading in the red at this time;
European markets had closed mixed last night on Greek worries;
US markets pulled back after the DOW touched 13000 after May 2008;
World markets worried over increasing oil prices and Greek bailout;
In the domestic front, no triggers lined up today except KFA bailout;
INR-US$ was at 49.3037; WTI Crude was at $105.22;

NIFTY Resistance levels today: 5630, 5650, 5680, 5740;
NIFTY Support levels are at: 5570, 5540, 5495, 5480;

Today's near-term market trend is still positive;
NIFTY needs to hold 5540 in interim for market to remain positive;
Market likely to open soft and then trade in a range initially;
NIFTY upside target today is 5740; Downside maximum 5430;
Chances for a correction at high levels always exist;
For Intraday: Don't get carried away; Strict StopLoss is a must;
Do not take big risks; Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Slight Gap-up opening for the NIFTY; Came down immediately;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
HDIL 134 132 137 140 440
RCOM 109 107 112 114 540

Watch HINDOILEXP>148 and ORCHIDCHEM>188 if upsurge holds;
All for LONG;

NIFTY around 5605 now; Opened around 5625; Coming down;
Trading weak and choppy with slight negative bias;
First Support today is at 5600; Next Support is at 5570;
NIFTY first Resistance today is at 5630; Next is at 5650;
Asian markets are mixed; China and Japan are trading good now;
Our market likely to see some downside then trade in a range;
Very much possible that Profit booking fall will strengthen;
Better not to take any position in LONG until market turns up;
Maintain trailing Stop-Loss if holding on to any scrip in LONG.

 

ALERT-2: 11:00am

Market deep in the red; Drop arrested somewhat;
No Suggest gave profit in LONG since last Alert;
None look good now for LONG;
All can fire from present low level if mkt turns up;
Watch BHARTIARTL>355 GODREJIND>235 HDIL>130 HINDOILEXP>144
ORCHIDCHEM>182 RCOM>108 if market turns up;
Beware of sudden downfall; All for LONG.

NIFTY just below 5590 now; Went down to 5575 from 5625;
Local Support has been found at 5570-5580; Next Support 5540;
Resistance of 5590 operational now; Next is at 5625;
This has to be crossed for upsurge to strengthen;
Asian markets are turning and trading in the green now;
Our market likely to trade choppy and move up slowly;
Another Profit booking fall possible later in the day;
But going will be slow; Until some trigger comes;
Be watchful and take small profit and exit; Repeat;
Maintain trailing Stop-Loss if holding on to any scrip.

 

ALERT-3: 1pm

Market still in the red; Profit booking not letting up;
Only GODREJIND gave small profit in LONG since last Alert;
Hold GODREJIND>237 if you are still invested in it;
Watch BHARTIARTL>354 HDIL>130 HINDOILEXP>144
ORCHIDCHEM>183 RCOM>108 if market turns up;
Be careful and alert at all times: take small small profits.

NIFTY around 5600 now; Coming up from day's low of 5570;
Local Support of 5570-5580 acting strong; Next Support 5540;
First Resistance of 5590 crossed over convincingly;
For upsurge to commence, Resistance at 5625 needs to be crossed;
Asian markets are mixed with many turning green now;
Europe is expected to open in the red on Greek worries;
Our market likely to trade choppy and move up slowly;
See how Europe opens and performs after opening;
Profit Booking can come back strongly if Europe disappoints;
Be watchful in LONG — Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY took a fall and went down; Deep in the red now;
GODREJIND and ORCHIDCHEM gave profits in LONG today;
None looks good now; All can fire in LONG if upsurge comes;
Maintain strict StopLoss if taking position.

NIFTY around 5520 now; Coming down from a high of 5605;
Downward momentum was very strong; Steadied up a bit now;
Local Support of 5570-5580 was been breached easily;
Next Support of 5540 has also been breached; 5510 acted as Support;
First Resistance of 5590-5610 not crossed convincingly today;
Asian markets closing green; Europe opened green and went down;
Europe in deep red right now; Our market following global cues;
NIFTY likely to see slow upward consolidation till end of day;
More selling pressure can come; Can happen anytime;
Best to Stay Away and not take any fresh position in LONG;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
204 211 229 237 246 255 262

Suggest-1:

GODREJIND

Approx. 1st Entry Point: Rs. (Time) 237 (1119)
Approx. 1st Exit Point: Rs. (Time) 239 (1318)
Avg. No. of Shares Traded: 250
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 500

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
131 134 144 148 152 157 161

Suggest-2:

HINDOILEXP

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
101 102 106 107 109 110 112

Suggest-3:

RCOM

Approx. 1st Entry Point: Rs. (Time) 108.50 (0937)
Approx. 1st Exit Point: Rs. (Time) 109.50 (1003)
Avg. No. of Shares Traded: 550
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 550

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
338 342 353 357 362 367 371

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
116 119 126 129 133 137 140

Also See-2:

HDIL

Approx. 1st Entry Point: Rs. (Time) 128.50 (1240)
Approx. 1st Exit Point: Rs. (Time) 130 (1334)
Avg. No. of Shares Traded: 460
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 690

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
169 173 181 185 189 193 196

Also See-3:

ORCHIDCHEM

Approx. 1st Entry Point: Rs. (Time) 183 (1251)
Approx. 1st Exit Point: Rs. (Time) 184.50 (1338)
Avg. No. of Shares Traded: 320
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 480

 


 

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