IntradayTrade dot Net
Performance Results

Friday, 16-Mar-2012

  • The market players did not like today's budgets and this was demonstrated clearly today. In fact, whenever there was an effort by the Bulls to pull free, the Bears returned and more selling was seen. Starting with the Railway Budget on Wednesday, the events of the last 3 days were all seen as negative by the stock market. Although volumes and FII investment were both normal, next week is expected to be down.
  • The Suggests of IntradayTrade dot Net continue to struggle at the stock market. Although the situation was a little better today. Our reading of the market was a lot better and our Alerts were more or less OK. Let us hope for better performance next week.

 

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:

 

EDUCOMP

 

NTPC

 

TATAMOTORS

 

ALSO SEE:

EXIDEIND

HINDUNILVR

TATASTEEL


 

ALERTS for Friday, 16-Mar-2012

Pre-Market: 9:00am

Flat or Slight Gap-up opening and uncertain trading expected today;
Asian markets are mixed, European and US markets closed good;
In the domestic front, Budgets will be presented around 11am today;
Market expects FM to reduce personal tax slabs and other swaps;
Any positive surprise here can make markets boom upwards;
There is equal chance of a continuation of yesterday's slide;
Markets expected to be choppy throughout the day;
INR-US$ was at 50.1680; WTI Crude is at $105.48;

NIFTY Resistance levels today: 5420, 5450, 5480, 5500, 5550;
NIFTY Support levels are at: 5340, 5300, 5260, 5220, 5190;

Today's trend is uncertain; Trading will be choppy; Market will be
totally news driven and unpredictable; Market likely to open flat
and then trade slightly positive till budget news starts coming in;
Beware of a sudden fall after around 11am as initial reaction;
For Intraday: Be extremely careful today; Wait for market to stabilise;
Best to 'Stay Away' till picture is clear; Overall, market should be good today;
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; Going good;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
EDUCOMP 209 206 213 216 280
NTPC 181 179 184 186 330

Watch TATAMOTORS>285 and TATASTEEL>465 if upsurge comes;
All for LONG;

NIFTY around 5410 now; Opened around 5380; Going flat now;
First Support today is at 5390-5380; More Support is at 5340;
First Resistance today is at 5420; More Resistance is at 5450-5480;
Asian markets are mostly down; Our market likely to move in a range;
Going will be choppy and uncertain till Budget data after 11am;
Market will take direction after that; Wait till then if you can;
Be sure and certain before taking any position in LONG;
Maintain trailing Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market in green; Going flat; Holding on to gains;
HINDUNILVR gave small profits in LONG since last Alert;
Hold EDUCOMP>210 HINDUNILVR>390 TATASTEEL>466 if you are in;
If you are already into TATASTEEL at 466 then best to hold
for some more time and then EXIT if market does not turn around;
Limit your losses; Watch NTPC>181 after market stabilises
and upsurge comes; Be sure and certain
before taking position; All for LONG.

NIFTY now above 5410; Trading in the range of 5390-5420;
Budget presentation has started at Parliament; Market friendly
Budget expected from FM; Good picture being painted;
Support of 5390-5380 holding; More Support is at 5340;
First Resistance of 5420 being tested now; More is at 5480;
Asian markets are still mixed; Our market likely to bounce back;
Going will be choppy and hectic with Budget reactions;
Be watchful and take small profits; Repeat many times;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:30pm

NIFTY fall as initial reaction to Budgets taking place now;
EXIDEIND TATAMOTORS TATASTEEL gave profit since the last Alert;
Hold EXIDEIND>144.50 if you are still invested in it;
See HINDUNILVR>389 TATAMOTORS>288 TATASTEEL>470 for LONG
if surge comes; Maintain strict StopLoss if taking position.

NIFTY around 5360 now; Coming down from a level of 5440;
Union Budget presentation still continuing at Parliament;
Negative trend developing due to initial reaction to Budgets;
Support of 5390-5380 breached; Support of 5340 active now;
First Resistance is now at 5400-5420; More Resistance is at 5450;
Market is expected to stabilise and consolidate and bounce back;
Asian markets are still mixed; Europe expected to open mixed;
Europe unlikely to have any effect; Budget will dictate direction;
Choppy and uncertain trade until Budget is understood;
Best to 'Stay Away' till market turns around and stabilises;
Maintain strict StopLoss if holding on to any scrip;
Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY deep in the red; Very Choppy; Negative bias;
EXIDEIND TATAMOTORS gave profits in LONG since the last Alert;
No Suggest good for fresh position at this point in time;
All can rise in LONG from current position if surge comes;
Maintain strict StopLoss if taking fresh position;
All for LONG.

NIFTY around 5320 now; Coming down from a level of 5435 now;
Market very choppy and uncertain reacting to the Budget;
Our market did not stabilise as was expected by us;
We already have had two 100-point wild swings for the NIFTY;
Selling pressure and buying both have come in very strong;
Support of 5340 held on last time; This time 5300 is tested;
First Resistance is still at 5400-5420; More is at 5450;
Europe has opened mainly in the green; But no help from there;
Best to 'Stay Away' now and avoid fresh position in LONG;
Maintain strict StopLoss if holding any position;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
189 192 201 204 208 213 216

Suggest-1:

EDUCOMP

Approx. 1st Entry Point: Rs. (Time)
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. MARGINAL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
175 176 178 179 180 181 182

Suggest-2:

NTPC

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
278 281 288 291 294 297 300

Suggest-3:

TATAMOTORS

Approx. 1st Entry Point: Rs. (Time) 288 (1133)
Approx. 1st Exit Point: Rs. (Time) 297 (1311)
Avg. No. of Shares Traded: 200
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 1000

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
135 137 142 144 146 148 150

Also See-1:

EXIDEIND

Approx. 1st Entry Point: Rs. (Time) 144.50 (1223)
Approx. 1st Exit Point: Rs. (Time) 146 (1314)
Avg. No. of Shares Traded: 410
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 610

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
377 380 385 388 390 393 395

Also See-2:

HINDUNILVR

Approx. 1st Entry Point: Rs. (Time) 389 (1017)
Approx. 1st Exit Point: Rs. (Time) 391 (1134)
Avg. No. of Shares Traded: 150
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 300

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
447 451 459 463 467 471 475

Also See-3:

TATASTEEL

Approx. 1st Entry Point: Rs. (Time) 466 (1027)
Approx. 1st Exit Point: Rs. (Time) 473 (1138)
Avg. No. of Shares Traded: 120
Approx. Profit per Share: Rs. 7
Approx. Profit Today: Rs. 840

 


 

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