IntradayTrade dot Net
Performance Results

Monday, 27-Feb-2012

  • This correction was bound to happen and some more downside can be expected before the upward movement resumes. Question is, where will this bottom out? In our morning Alert we said the maximum downside expected is 5330, but what happened today was much worse, with the NIFTY coming down by almost 150-points and closing below 5300. As can be expected after the great performance yesterday, the FIIs took a day off today. Volume also was lower. All this indicates more downside tomorrow. But one never knows!
  • On a day when the NIFTY went down by about 150-points, we at IntradayTrade dot Net did an excellent job — Our minimum site objectives were attained without much trouble. And remember, this is the 4th consecutive down day and we have scored in all of them.

 

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

 

SYNDIBANK

 

ZEEL

 

ALSO SEE:

AMTEKAUTO

BHARTIARTL

POWERGRID


 

ALERTS for Monday, 27-Feb-2012

Pre-Market: 9:00am

Flat or slight gap-down opening expected for our markets today;
Asian markets are mixed; Japan, China are trading in the green;
European markets had closed mixed last night; US markets closed mixed;
Eorozone problems to the back-burner; Oil prices remain a concern;
In the domestic front, no triggers lined up today;
INR-US$ was at 49.0080; WTI Crude was at $109.62;

NIFTY Resistance levels today: 5460, 5480, 5510, 5550;
NIFTY Support levels are at: 5400, 5350, 5320, 5280;

Today's near-term market trend is still slight positive;
NIFTY upside target remains 5580; Downside still maximum 5330;
Market likely to open soft and then trade uncertain;
Lack of domestic triggers will dampen spirit and can lead to sales;
So, Chances for a profit booking drop later in the day;
For Intraday: Uncertain market today; Maintain Strict StopLoss;
Do not take big risks; Take small profits and exit; Repeat.

 

ALERT-1: 10:20am

Flat opening for the NIFTY; Going negative and choppy now;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
GODREJIND 252 249 256 261 230
POWERGRID 113.50 112 116 118 520

Watch AMTEKAUTO>141 and BHARTIARTL>345 if upsurge comes;
All for LONG;

NIFTY below 5380 now; Going down, going choppy; Opened at 5440;
First Support of 5400 passed easily; Finding local Support at 5370;
Next Support is at 5350; NIFTY first Resistance today is at 5430;
Asian markets are trading OK at this time; Japan and Hongkong gaining;
Our market likely to see range-bound flat trading with negative bias;
Positive change not expected to happen without any trigger;
Better not to take any position in LONG until market settles;
Maintain trailing Stop-Loss if holding on to any scrip in LONG.

 

ALERT-2: 11:07am

Market in the red; Going flat in a range; Quiet and Choppy;
GODREJIND POWERGRID gave profit in LONG since last Alert;
Hold BHARTIARTL>346 GODREJIND>254 POWERGRID>114.50 if in;
Watch SYNDIBANK>109 and ZEEL>130 now if surge comes;
Be sure and certain before taking position; All for LONG.

NIFTY just above 5370 now; Trading in the 5370-5385 range;
There is a slight negative bias deveoping; Not strong;
First Local Support of 5370 still active; Next Support is at 5350;
NIFTY first Resistance today is still at 5430; Next is at 5460;
Asian markets are trading OK at this time; China going up;
Our market likely to see range-bound flat trading with negative bias;
Positive change cannot happen until we get some domestic trigger;
Be watchful and take small profit and exit; Repeat;
Maintain trailing Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:30pm

Market DEEP in the red; Profit booking getting stronger;
No Suggest gave any profit in LONG since last Alert;
Watch SYNDIBANK above 107 and ZEEL above 130 if market turns up;
Be careful and alert at all times: take small small profits.

NIFTY around 5335 now; Went down to 5325 after opening at 5440;
Supports of 5370 and 5350 broken; Next Support of 5320 under test;
NIFTY first Resistance is still at 5430; Next is at 5460;
Most of Asia is in the green at this time; China gaining;
Europe is to open in the red; Can take our market further down;
Our market likely to trade choppy and move sidewise some more;
See how Europe opens and performs after opening;
Downside can increase sharply if Europe disappoints;
Best to 'Stay Away' from here until market turns up;
Be watchful in LONG — Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY took a downward turn; Going deep into the red now;
No Suggests gave any profits in LONG since our last Alert;
No Suggest looks good for LONG now; All can fire from present low
if surge comes; Maintain strict StopLoss if taking position.

NIFTY around 5280 now; Coming down from an opening of 5440;
Support of 5320 has also been broken; Now at next Support of 5280;
NIFTY Resistances are now at 5340 and 5380; Can be challanged today;
The whole world is in the red at this time, except China;
Europe has opened in the red; No immediate chance of going green;
Upside movement for our market looks difficult at this time;
Last minute upward surge can be expected if Europe recovers;
Best to 'Stay Away' and avoid taking position in LONG;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
228 232 244 249 255 261 266

Suggest-1:

GODREJIND

Approx. 1st Entry Point: Rs. (Time) 250 (1008)
Approx. 1st Exit Point: Rs. (Time) 256 (1022)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 6
Approx. Profit Today: Rs. 1440

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
101 104 109 111 114 116 119

Suggest-2:

SYNDIBANK

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
120 122 128 131 134 136 139

Suggest-3:

ZEEL

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
135 137 141 142 144 146 148

Also See-1:

AMTEKAUTO

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
331 335 340 344 347 349 353

Also See-2:

BHARTIARTL

Approx. 1st Entry Point: Rs. (Time) 345 (1000)
Approx. 1st Exit Point: Rs. (Time) 347 (1120)
Avg. No. of Shares Traded: 170
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 340

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
111 112 113 114 115 116 117

Also See-3:

POWERGRID

Approx. 1st Entry Point: Rs. (Time) 113.50 (1023)
Approx. 1st Exit Point: Rs. (Time) 114.50 (1047)
Avg. No. of Shares Traded: 520
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 520

 


 

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