IntradayTrade dot Net
Performance Results

Wednesday, 21-Mar-2012

  • Everybody was taken by surprise by the market's progress today. 'Experts' were predicting a down day today and see what happened. Yes, we had said in the pre-market Alert that, "There is a definite chance of a smart uprise later in the day" but we also never thought the rise will be so steady and sustained. Volumes have increased and FII investment is still on. Like yesterday, the total 'up' volume is substantially higher than the 'down' volume, so we can assume the market will continue with the uptrend.
  • Liquidity, corporate earnings, crude oil prices and Repee-Dollar price are some of the factors that will decide the course of the market in the near term. Today the weak Rupee saw positive response from IT majors. 4th Qr corporate results and RBI's policy announcements are expected in the middle of next month. In the meantime we might have a fuel price hike. All-in-all, there is a lot to look forward to!
  • 2 of the Suggests of IntradayTrade dot Net did a fantastic job while 2 were just OK and the other 2 were losers. A mixed bag. If you happened to choose the winners you would be smiling today. Otherwise, we are sorry. But this cannot go on. We want all winners!

 

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:

 

DABUR

 

HEXAWARE

 

TITAN

 

ALSO SEE:

ARVIND

INDIACEM

ITC


 

ALERTS for Wednesday, 21-Mar-2012

Pre-Market: 9:00am

Flat or Slight Gap-up opening and cautious trading expected today;
Asian markets are mostly down this morning on China slowdown worries;
European markets closed mostly in the red on renewed Eurozone fears;
US stocks slipped on fears of slowdown in China's economic growth;
Brent crude is holding $124 price on Saudi Arabia's control efforts;
WTI crude prices also under control; No domestic triggers lined up today;
Our markets expected to be choppy and follow global cues;
INR-US$ was at 50.3000; WTI Crude is at $105.61;

NIFTY Resistance levels today: 5280, 5300, 5320, 5350, 5380;
NIFTY Support levels are at: 5260, 5220, 5190, 5170, 5140;

Today's trend is slightly up; Trading will be subdued; Market will be
totally driven by global cues; Market likely to open flat
and then trade flat within a range, maybe with slight positive bias;
There is a definite chance of a smart uprise later in the day;
For Intraday: Be watchful; Nothing much is expected to happen today;
Best to wait for your opportunity and grab it when it comes;
Maintain Strict StopLoss after you get in; Do not take big risks;
Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Flat opening for the NIFTY; Going flat now in the red;
HEXAWARE INDIACEM have done OK since opening today;
Hold HEXAWARE>124 INDIACEM>107 if you are already in them;
Or, Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ARVIND 85 83 88 89 700
DABUR 106.50 105 110 112 550

Watch ITC>223 and TITAN>246 if upsurge comes;
All for LONG;

NIFTY just below the line at 5270 now; Opened around same level;
First Support today is at 5260; More Support is at 5220;
First Resistance now is at 5300; More Resistance is at 5320-5350;
Asian markets are mixed; Our market likely to cross 5300 today;
Going will be choppy and slow but positive in bias;
Market can take strong direction change after noon;
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 on the line; Going flat now; NIFTY can still cross 5300;
ARVIND INDIACEM gave small profits in LONG since last Alert;
Hold HEXAWARE>124 INDIACEM>109 if you are invested in them;
Watch ARVIND>86.50 DABUR>107 for LONG if upsurge comes;
Be sure and certain before taking position; All for LONG.

NIFTY now around 5280; Fluctuating in the 5260-5285 range;
Market choppy but promising; Slight positive bias may be developing;
Resistance of 5300 still active; More Resistance is at 5320-5350;
Support of 5260 also holding; More Support is at 5220;
Asian markets still mixed; Our market to remain range-bound;
Market subdued on rollback worries & govt's political fragility;
Be watchful and take small profits; Repeat many times;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:30pm

NIFTY in an upsurge; Market back in the green; Positive bias;
INDIACEM gave little profit in LONG since the last Alert;
Hold INDIACEM>110 ARVIND>87 in LONG if you are still in them;
Keep a watch on DABUR>107 ITC>221.50 as they are stuck;
They can fire anytime in LONG if the surge holds;
Maintain strict StopLoss if taking position.

NIFTY around 5310 now; Coming up from a level of 5255;
Strong Resistance of 5300 has been passed; Next is at 5320-5350;
First Support is now at 5280; Strong Support is at 5260;
Asian markets are mixed; Europe expected to open uncertain;
Wait for Europe to open; See how things go after that;
Our market is expected to carry on with positive bias;
Maintain strict StopLoss if holding on to any scrip;
Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY deep in the green; Going up strongly; Positive bias;
INDIACEM ITC TITAN gave profits in LONG since last Alert;
Hold ARVIND>87.50 INDIACEM>111; Should have been out of ITC at 224;
Watch HEXAWARE>123 for LONG if surge holds; All other Suggests
can progress if surge holds; Maintain strict StopLoss if taking
fresh position; All for LONG.

NIFTY around 5360 now; Coming up from a level of 5255;
Market going strong; But might lose steam after 5360-5380;
Europe has opening good and is trading strongly positive now;
Our market reacted positively to this; Also, SBI Home Loan swap
was well taken by the market; Previous Resistances all broken;
More Resistance is at 5360-5380; Difficult to cross these today;
First Support is still at 5280; Strong Support is at 5260;
In fact, local Support of 5300 likely to hold for the day;
Don't get carried away ... Do not risk profits already made;
Maintain trailing StopLoss if holding any position.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
101 102 104 105 106 107 108

Suggest-1:

DABUR

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
111 113 118 120 123 125 127

Suggest-2:

HEXAWARE

Approx. 1st Entry Point: Rs. (Time) 124 (0929)
Approx. 1st Exit Point: Rs. (Time) 125 (0942)
Avg. No. of Shares Traded: 480
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 480

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
226 230 239 242 247 251 255

Suggest-3:

TITAN

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
81 82 83 84 85 86 87

Also See-1:

ARVIND

Approx. 1st Entry Point: Rs. (Time) 86 (1041)
Approx. 1st Exit Point: Rs. (Time) 88 (1449)
Avg. No. of Shares Traded: 700
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 1400

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
100 102 105 106 108 109 111

Also See-2:

INDIACEM

Approx. 1st Entry Point: Rs. (Time) 108 (1026)
Approx. 1st Exit Point: Rs. (Time) 114 (1507)
Avg. No. of Shares Traded: 550
Approx. Profit per Share: Rs. 6
Approx. Profit Today: Rs. 3300

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
216 218 221 223 225 227 228

Also See-3:

ITC

Approx. 1st Entry Point: Rs. (Time) 222.50 (1243)
Approx. 1st Exit Point: Rs. (Time) 224 (1412)
Avg. No. of Shares Traded: 270
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 400

 


 

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.
  • "MARGINAL" means that this Suggest neither gave any substantial profit, nor did it put a member into a loss situation — if you bought above the indicated level as per our Alert, there was ample chance to get out around that level later on after you realise that prices are not going up.
  • 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