IntradayTrade dot Net
Performance Results

Monday, 12-Mar-2012

  • Another fantastic day for the positional trader with the NIFTY starting good and holding position throughout the day. It did lose some of the early gains, but closed in the positive at the end. RBI reduction of CRR by 75 bps, rollback of ban on cotton export, release of sugar export by govt, and positive IIP figures for January — all played their part in keeping the market positive.
  • FII activity is good and volumes are returning. Overall, the Bulls held their ground today no matter how hard the Bears tried to pull the market down on several occasions, including the bad opening of Europe. This pattern should continue tomorrow but there are no domestic triggers.
  • There is a fear growing in the market that RBI will not take any corrective measures, as expected, in its policy review on the 15th. This may be because of the better rate of industrial production coupled with increasing fuel rates which might not let inflation remain down. This was one of the reasons for the market dampness today.
  • 3 of the Suggests of IntradayTrade dot Net gave good results today, following our Alerts in LONG, on a day when the NIFTY kept within a small range throughout the day. Such a day is not good for Intraday Trading, so, whatever has been made here is really welcome. Fact remains, these profits were not easy to get.

 

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:

 

BHARTIARTL

 

POLARIS

 

RECLTD

 

ALSO SEE:

JPASSOCIAT

SYNDIBANK

TITAN


 

ALERTS for Monday, 12-Mar-2012

Pre-Market: 9:00am

Gap-up opening, positive trading expected for our markets today;
Asian markets are mixed, European & US markets closed green last week;
Whole world was green last Friday as Greek woes had faded;
In the domestic front, RBI had slashed CRR by 75 bps last week post
markets hours; This will have positive impact; Rollback of ban on cotton
export and release of sugar export by govt also to have impact;
IIP figures for January will be released today; Market expects around
2.1% growth against 1.8% in last month; Then we have RBI policy
announcement on 15th and Budgets on the 16th; An event driven week;
INR-US$ was at 49.7270; WTI Crude is at $107.42;

NIFTY Resistance levels today: 5360, 5380, 5400, 5430, 5480;
NIFTY Support levels are at: 5320, 5300, 5260, 5220, 5190;

Today's near-term trend is up; But trading will be choppy and uncertain;
Market likely to open good and then trade choppy with positive bias;
We predict a small fall later in the day taking the NIFTY to 5300;
For Intraday: Be careful in LONG for a sudden fall; Be sure and certain
before taking 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; In the green now; Going flat & choppy;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
BHARTIARTL 342 340 348 350 170
TITAN 245 242 249 251 240

Watch JPASSOCIAT>79 and POLARIS>167 if upsurge comes;
All for LONG;

NIFTY around 5370 now; Opened around 5395; Trading in band 5360-5380;
First Support is at 5340; Strong Support is also at 5320;
First Resistance today is at 5380; Next is at 5400 and 5430;
Asian markets are mixed; Our market likely to go sideways;
Upward movement likely to come at a slow pace;
Be sure and certain before taking any position in LONG;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market in the green; Going flat and choppy; Holding gains;
BHARTIARTL gave small profit in LONG since last Alert;
Hold BHARTIARTL>343 if you are in them and upsurge comes;
See RECLTD>217 SYNDIBANK>119 now if upsurge comes;
Also watch JPASSOCIAT TITAN; Be sure and certain
before taking position; All for LONG.

NIFTY around 5370; Went down to 5355; Positive trend developing;
Might become strong if IIP figures are encouraging;
Support of 5340 still holding; Strong Support is at 5320;
First Resistance of 5380 under test now; Next is at 5400 and 5430;
Asian markets are mixed; Our markets can also lose patience
and plunge if IIP disappoints; Be watchful and take small profit;
Repeat; Maintain trailing Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:50pm

NIFTY took a fall and went into the red; Recovered; Now going flat;
No Suggest gave profit in LONG since the last Alert;
See BHARTIARTL>341 RECLTD>217 SYNDIBANK>119 TITAN>245 for LONG
if surge comes; Maintain strict StopLoss if taking position.

NIFTY around 5350 now; Went down to 5325; Going choppy now;
IIP figures slightly below expectation; Having no effect;
Support of 5340 was breached but holding now again;
Strong Support of 5320 stopped a downfall;
First Resistance of 5380 also holding strong;
Next Resistance is at 5400 and 5430;
Europe is expected to open lower; Asia is still trading mixed;
See how Europe performs after opening; Take a call after that;
Our markets likely to keep trading sideways with no triggers;
Maintain strict StopLoss if holding on to any scrip;
Be watchful in LONG; Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY going flat; Choppy; Uncertain Bias; Holding on to gains;
JPASSOCIAT RECLTD gave profits in LONG since the last Alert;
Hold JPASSOCIAT>79 RECLTD>219 for LONG if surge comes;
No other Suggest look good for fresh position in LONG at this time;
Maintain strict StopLoss if taking position.

NIFTY around 5360 now; Coming up from a down of 5325;
Europe has opened in the red; But is edging up slowly now;
Our market has slim chances of recovery if Europe recovers;
Support of 5340 technically not broken; Strong Support is at 5320;
First Resistance is still at 5380; More is at 5400 and 5430;
Best to 'Stay Away' and not take any fresh position in LONG;
Maintain strict StopLoss if holding any position;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
326 329 335 337 341 344 346

Suggest-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. (Time) 342 (1004)
Approx. 1st Exit Point: Rs. (Time) 344 (1116)
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
159 161 167 169 171 174 176

Suggest-2:

POLARIS

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
193 196 206 210 215 220 224

Suggest-3:

RECLTD

Approx. 1st Entry Point: Rs. (Time) 218 (1419)
Approx. 1st Exit Point: Rs. (Time) 223 (1501)
Avg. No. of Shares Traded: 270
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 1350

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
73 74 77 78 79 81 82

Also See-1:

JPASSOCIAT

Approx. 1st Entry Point: Rs. (Time) 78.50 (1328)
Approx. 1st Exit Point: Rs. (Time) 79.75 (1457)
Avg. No. of Shares Traded: 760
Approx. Profit per Share: Rs. 1.25
Approx. Profit Today: Rs. 950

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
109 110 114 115 117 118 120

Also See-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
225 228 236 238 242 246 249

Also See-3:

TITAN

Approx. 1st Entry Point: Rs. (Time) 244 (1438)
Approx. 1st Exit Point: Rs. (Time) 247 (1506)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 720

 


 

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