IntradayTrade dot Net
Performance Results

Thursday, 29-Mar-2012

  • Our markets actually did quite well today in spite of quite a few events trying to pull the indexes down. The strong Support levels of 5180 and 5150 were challenged today and the market managed to sustain and close with minor losses. Under normal circumstances, we would have said the the inner strength displayed today might well signal a turn-around, and we will see a pullback tomorrow.
  • But these are not normal circumstances. And we are saying this with grave concern: Throughout the day today FIIs were wanting to listen to some sort of clarification from the govt's side on the GAAR issue. Some comforting words. To allay fears. But none came. And see what the FIIs have done: they have started pulling out money from our markets after 'observing' and doing nothing from the day the announcement came. Today they have pulled out more than 1300cr from our market and if the govt continues to remain adamant, they will pull more out.
  • Trouble came today in many other forms: The rupee ended at 51.39/40 to the dollar, 1.2 per cent weaker than Wednesday's close, posting its sharpest drop in a single session since 12Dec2011. US raised the cost of processing H-1B employment visas, hitting the IT industry. Later in the day the US came around and announced that there will be no hike in H-1B visa fee for the next year. Then came the news that DOT is likely to impose a combined penalty of 1000cr on Bharti Airtel, Vodafone and Idea Cellular for violating 3G licence norms. Our market weathered all these storms.
  • Except for the scare and near-save in TATASTEEL, the performance of the Suggests of IntradayTrade dot Net today were as per market conditions. SATYAMCOMP was not difficult to play and members should have made some profit from it today. Surely, much better performance is expected in the days to come.

 

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:

 

DLF

 

INDIACEM

 

TATASTEEL

 

ALSO SEE:

HINDUNILVR

ITC

SATYAMCOMP


 

ALERTS for Thursday, 29-Mar-2012

Pre-Market: 9:00am

Gap-down to Flat opening and cautious trading expected today;
Asian markets are mostly in the red trading with uncertain bias;
Europe & US also closed in the red on renewed US growth worries;
For us, today is Expiry; Choppyness and uncertainty expected;
No specific domestic headline news triggers lined up for today;
Our markets expected to largely follow global cues;
Weakness in the Rupee controlled; Crude prices holding;
INR-US$ was at 50.7800; WTI Crude is at $106.86;

NIFTY Resistance levels today: 5210, 5240, 5270, 5300, 5340;
NIFTY Support levels are at: 5180, 5150, 5110, 5070, 5050;

Today's trend is seen as slightly down as per expert opinion;
Trading expected to be choppy, uncertain and direction-less;
Market action that is being seen is sentiment based, not based
on fundamentals and ground reality; Bounce back has to come;
Might not happen today due to fluctuations on account of Expiry;
Market likely to open flat then trade choppy with big ups and downs;
Watch out: Govt clarification on GAAR issue might push sentiments up;
For Intraday: Chances will come today with upsurge in second half;
Be patient; Wait for your opportunity and take 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

Gap-down opening for the NIFTY; Going flat now; In the red;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
DLF 197.50 196 202 205 300
TATASTEEL 450 447 456 460 130

Watch INDIACEM>114.50 and SATYAMCOMP>77 if upsurge comes;
All for LONG;

NIFTY around 5150 now; Opened around same; Going flat in the red;
NIFTY in critical Support of 5150; Another critical Support is
at 5110; No strong Support below this level; Free fall;
First Resistance now is at 5170; More Resistance is at 5200;
Asian markets are mostly in the red; Whole world is red;
Our market likely to continue sidewise for some more time;
Can take direction change around mid-day; Both ways possible;
Be sure and certain before taking any position in LONG;
Maintain proper Stop-Loss if holding on to any scrip.

 

ALERT-2: 11:00am

Market in red; Going on recovery; Slight Positive bias now;
No Suggest gave any profits in LONG since last Alert;
Hold TATASTEEL if in at 452; Keep StopLoss at 448; Watch
HINDUNILVR>411 INDIACEM>113 SATYAMCOMP>77 TATASTEEL>452;
All can fire from present level if upsurge comes;
Be sure and certain before taking position; All for LONG.

NIFTY now around 5160; Trading in the 5145-5165 range;
Slow and choppy positive bias developing in our Market;
Support of 5150 acted very strong and restricted fall;
First Resistance is at 5170; More is at 5200-5240-5270;
Asian markets, and most of the world is in red at this time;
Europe expected to open lower on global growth worries;
Our market patiently waiting for a trigger; Any small good
news can make the market zoom upwards; Or, like yesterday,
no trigger and bad Europe opening can pull market down;
Be watchful and take small profits; Repeat many times;
Maintain strict Stop-Loss if holding on to any scrip.

 

ALERT-3: 12:30pm

NIFTY going flat; Market still in red; Cannot recover;
DLF SATYAMCOMP gave small profit in LONG since the last Alert;
See now HINDUNILVR>411 SATYAMCOMP>77.50 if surge comes;
Can fire anytime if market turns and surge comes;
Maintain strict StopLoss if taking/holding position;
All for LONG.

NIFTY around 5140 now; Strong Support of 5150 is under severe test;
Trading very choppy; Upward breakout effort had no strength;
After Support of 5140-5150 the only Support is at 5110;
First Resistance is still at 5170; More is at 5200-5240-5270;
Asian markets, and most of the world is in red at this time;
Europe is opening in the red one by one; No help there;
Our market has no trigger; Lathargy pulling market down;
Wait for Europe to settle down; Take a call after that;
Big fall will come if NIFTY goes below 5140; Careful...
Best to 'Stay Away' if you are not sure of what you are doing;
Maintain strict StopLoss if taking any position on a scrip;
Take small profit and exit; Repeat.

 

ALERT-4: 2:30pm

NIFTY deep in the red; Going very choppy; Recovery attempt is on;
TATASTEEL gave slight profits in LONG since last Alert;
DLF>197.50 HINDUNILVR>410 ITC>224.50 TATASTEEL>453
look good for LONG now if surge comes; All can fire
if upsurge comes; But, best to Stay Away if not sure;
Maintain strict StopLoss if holding any position;
All for LONG.

NIFTY around 5170 now; Coming up from a low of 5135;
But recovery does not have strength; And very choppy;
Europe opened in the red but is trying to recover now;
Strong NIFTY Support of 5150-5110 still managing to hold;
Our market fluctuating rapidly; Can go up for positive closing;
Resistance is now at 5180-5200; Approach towards this possible;
Do not risk profits already made ... Best to Stay Away and not
take any fresh position if you are in profit already.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
192 193 196 197 199 200 202

Suggest-1:

DLF

Approx. 1st Entry Point: Rs. (Time) 198.50 (1116)
Approx. 1st Exit Point: Rs. (Time) 199.50 (1132)
Avg. No. of Shares Traded: 300
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 300

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
110 111 115 117 119 121 123

Suggest-2:

INDIACEM

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
432 437 448 453 459 465 470

Suggest-3:

TATASTEEL

Approx. 1st Entry Point: Rs. (Time) 452 (1013)
Approx. 1st Exit Point: Rs. (Time) StopLoss 448 (1221)
Approx. 2nd Entry Point: Rs. (Time) 450 (1341)
Approx. 2nd Exit Point: Rs. (Time) 454 (1520)
Avg. No. of Shares Traded: 130
Approx. Profit per Share: Rs. 0 (-4 +4)
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
400 406 408 413 414 416 421

Also See-1:

HINDUNILVR

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
222 224 226 227 228 229 230

Also See-2:

ITC

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
69.70 72.20 73.80 76.30 77.00 77.80 80.30

Also See-3:

SATYAMCOMP

Approx. 1st Entry Point: Rs. (Time) 77.30 (1118)
Approx. 1st Exit Point: Rs. (Time) 78 (1128)
Approx. 2nd Entry Point: Rs. (Time) 77.80 (1513)
Approx. 2nd Exit Point: Rs. (Time) 78.50 (1524)
Avg. No. of Shares Traded: 770
Approx. Profit per Share: Rs. 1.40 (0.70+0.70)
Approx. Profit Today: Rs. 1070

 


 

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