IntradayTrade dot Net
Performance Results

Friday, 02-Mar-2012

  • The markets will remain open tomorrow (Saturday, 03-Mar-2012) for 90 minutes from 11:15 AM. We will, however, not cover this and will be back on Monday.
  • Fight between the Bulls and the Bears continue in our market and the going is even at this stage as there are no local triggers. The fight is bringing with it a lot of turbulence, which is good for the Intraday trader. But the range is not large. Volumes are holding and technically we are not out of the Bullish Harami formation as yet. Next week, therefore, will be a busy week with a lot of events lined up.
  • Like we have said in the paragraph above, the choppiness in the market was helpful for the Suggests of IntradayTrade dot Net but the range was not large. Even then, 4 of our Suggests gave OK profits in LONG following our Alerts. And WELCORP was marginal.

 

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:

 

ANDHRABANK

 

ARVIND

 

WELCORP

 

ALSO SEE:

AMBUJACEM

HINDALCO

UNIPHOS


 

ALERTS for Friday, 02-Mar-2012

Pre-Market: 9:00am

Gap-up opening and smart trading expected for our markets today;
Asian markets are green, European & US markets closed green last night;
Whole world is green on positive US jobs and retail data;
In the domestic front, in the coming few weeks we'll see results of the
UP elections, RBI's monetary policy announcement and the Union Budget;
Any of these events can move stocks sharply in either direction;
INR-US$ was at 49.1650; WTI Crude rises to $108.86;

NIFTY Resistance levels today: 5380, 5410, 5450, 5480, 5510;
NIFTY Support levels are at: 5320, 5300, 5260, 5230, 5210;

Today's near-term market trend is still positive;
NIFTY upside target is 5470; Downside is estimated at 5210 max;
Market likely to open gap-up and then trade choppy but positive;
Chances for a profit booking drop might come at higher levels;
For Intraday: Do not get carried away; Be sure and certain, then
take position; Maintain Strict StopLoss after you get in;
Do not take big risks; Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Gap-up opening for the NIFTY; Went down immediately; In the red now;
HINDALCO done OK since opening; Hold HINDALCO>152;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
AMBUJACEM 167 165 171 173 350
ARVIND 87.50 86 90 91 680

Watch UNIPHOS>138 and WELCORP>148 if upsurge comes;
All for LONG;

NIFTY fluctuating around the line; Slight positive bias now;
NIFTY opened above 5360; Went down immediately to touch a low of 5315;
First Support is at 5320; Next Support is at 5300-5280;
First Resistance today is at 5360-5380; Next is at 5410;
Asian markets are green; Our market likely to move in a range;
Slow positive movement developing now; Can pull market higher;
Be sure and certain before taking any position in LONG;
Maintain Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market in the green; Going good; Choppy positive trend holding;
ARVIND HINDALCO WELCORP gave profit in LONG since last Alert;
Hold ARVIND>88.50 HINDALCO>155 WELCORP>149 if you are in them;
Watch AMBUJACEM>167 UNIPHOS>138 now if upsurge holds;
All can fire if upsurge gathers power; All for LONG;
Be sure and certain before taking position.

NIFTY above 5360 now; Coming up from 5315; Choppy but steady;
First Resistance of 5360 crossed; Next is 5380 then 5410;
First Support is at the line at 5340; Then at 5320-5300-5280;
The whole world is in the green; Our market rally might lose steam
if there are no local trigger; But 5450 likely to be crossed;
Be watchful and take small profit and exit; Repeat;
Maintain trailing Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:30pm

NIFTY going good; In the green; Upsurge carries on choppily;
ANDHRABANK ARVIND gave profits in LONG since the last Alert;
Hold AMBUJACEM>168 ANDHRABANK>129.50 ARVIND>89.50 if in;
Watch now UNIPHOS>138 if surge gathers strength;
Maintain strict StopLoss if taking position.

NIFTY around 5380 now; Going up from the day's low of 5315;
First Resistance of 5360 crossed; 5380 is being tested now;
Next Resistance is at 5410; First Support is at the line at 5340;
The whole world is in the green; Our market rally might lose steam
if there are no local trigger; But 5450 likely to be crossed;
Europe to open green; See how Europe performs after opening;
Downside can come in sharply if Europe disappoints;
Maintain trailing StopLoss if holding on to any scrip;
Be watchful in LONG; Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY going flat; On the line; Took a fall; Recovery possible;
AMBUJACEM gave profits in LONG since the last Alert; Hold AMBUJACEM>169;
Watch now ARVIND>89 HINDALCO>149 WELCORP>144 if surge comes;
Maintain strict StopLoss if taking position.

NIFTY around 5340 now; Trading in the 5325-5350 range down from 5390;
We are at the 5340 Support level now; Next Supports is at 5320;
Support of 5320 holding; Some Resistance has been found at 5350;
Next Resistance is at 5390; This level was strong; Stopped progress;
Europe had opened mixed and is trading flat and uncertain now;
The NIFTY expected to fluctuate around the line with uncertain bias;
Last minute profit booking fall can be expected if Europe goes down;
Best to 'Stay Away' and not take any fresh position;
Maintain strict StopLoss if taking position;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
119 122 124 128 129 130 134

Suggest-1:

ANDHRABANK

Approx. 1st Entry Point: Rs. (Time) 128 (1103)
Approx. 1st Exit Point: Rs. (Time) 129.50 (1220)
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
82 83 86 87 89 90 91

Suggest-2:

ARVIND

Approx. 1st Entry Point: Rs. (Time) 88 (1030)
Approx. 1st Exit Point: Rs. (Time) 89.50 (1107)
Avg. No. of Shares Traded: 680
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 1020

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
139 141 146 148 150 152 155

Suggest-3:

WELCORP

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
155 158 162 164 166 169 171

Also See-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. (Time) 168 (1153)
Approx. 1st Exit Point: Rs. (Time) 170 (1453)
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 700

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
138 141 147 150 153 156 158

Also See-2:

HINDALCO

Approx. 1st Entry Point: Rs. (Time) 152 (0953)
Approx. 1st Exit Point: Rs. (Time) 155 (1013)
Avg. No. of Shares Traded: 390
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 1170

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
110 123 130 143 146 150 163

Also See-3:

UNIPHOS

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