IntradayTrade dot Net
Performance Results

Monday, 02-Apr-2012

  • All kinds of news played their parts today and had their influence on the NIFTY, including China's good PMI and India's bad PMI. But the market played out as expected and remained in the green. The upmove is set to continue further. FII activity was 'normal' but volume figures were below par. That can become a problem.
  • The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production - stood at 54.7 in March, down from 56.6 in February. In January, the PMI stood at 57.5; For PMI, a reading above 50 shows that the sector is growing, while a reading below 50 means the segment is contracting.
  • The focus for our markets will now shift to RBI action on April 17 and rainfall predictions.
  • The Suggests of IntradayTrade dot Net today could not produce any good results today although the market was not against Intraday Trading. Basic site objectives were not fulfilled. We hope for better days ahead.

 

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:

 

DISHTV

 

PFC

 

RANBAXY

 

ALSO SEE:

APOLLOTYRE

HEXAWARE

TATASTEEL


 

ALERTS for Monday, 02-Apr-2012

Pre-Market: 9:00am

Flat to slight Gap-up opening and cautious trading expected today;
Asian markets are mostly in the green with China & Japan strong;
On Friday, Europe closed robustly in the green and US stocks
closed their strongest quarter in more than two years;
No specific domestic headline news triggers lined up for today;
RBI's surprise Bonds buy back (reported in these columns on Friday)
helped inject liquidity into the sector; But rising deficit and
weak Rupee may put a stop to the P-Note rally of Friday;
Our markets expected to largely follow global cues;
INR-US$ was at 50.8700; WTI Crude is at $103.10;

NIFTY Resistance levels today: 5330, 5360, 5385, 5400, 5440;
NIFTY Support levels are at: 5270, 5230, 5190, 5150, 5110;

Today's trend is still positive although a pause can be expected;
Market likely to open flat, go down, and then gain upwards later;
Trading likely to remain lacklustre as we have a 3-day week;
For Intraday: Just another normal day at the Stock market;
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

Flat opening for the NIFTY; Going flat now; In the green;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
PFC 192 188 196 200 310
TATASTEEL 476 469 484 490 125

Watch APOLLOTYRE>80.50 and RANBAXY>464 if upsurge comes;
All for LONG;

NIFTY around 5310 now; Opened around 5295; Going flat in the green;
First Support today is at 5300, More Support is at 5280-5270;
NIFTY first Resistance is at 5330; More is at 5360-5370;
Right now, NIFTY range-bound between 5300-5315;
Asian markets are mostly in the green; World markets green;
Our market likely to continue sidewise with slight positive bias;
Be sure and certain before taking any position in LONG;
Maintain proper Stop-Loss if holding on to any scrip.

 

ALERT-2: 12:30pm

NIFTY going OK; Market in green; Recovery attempt still on;
No Suggest gave any profit in LONG since the last Alert;
Old levels are still valid for most; Till the next Alert
See APOLLOTYRE>80.50 DISHTV>64.50 PFC>192 TATASTEEL>476;
HEXAWARE(117) and RANBAXY(460) are stuck at levels shown;
Can fire anytime if surge holds and market keeps going up;
Maintain strict StopLoss if taking/holding position;
All for LONG.

NIFTY around 5320 now; Resistance of 5330 not crossed as yet;
Trading very choppy; Upward breakout effort has no strength;
First Support remains at 5290-5300, More Support is at 5270;
NIFTY first Resistance is at 5330; More is at 5360-5370;
Asian markets are mostly in the green at this time;
Europe is opening in the green one by one; Our market might get
some help there; China growth worries have eased;
Wait for market to settle down before taking new position;
Maintain strict StopLoss if taking any position on a scrip;
Take small profit and exit; Repeat.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
58.90 59.80 62.30 63.20 64.50 65.70 66.60

Suggest-1:

DISHTV

Approx. 1st Entry Point: Rs. (Time) 64.80 (1337)
Approx. 1st Exit Point: Rs. (Time) 65.50 (1520)
Avg. No. of Shares Traded: 920
Approx. Profit per Share: Rs. 0.70
Approx. Profit Today: Rs. 640

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
170 172 180 183 186 190 193

Suggest-2:

PFC

Approx. 1st Entry Point: Rs. (Time) 192 (1258)
Approx. 1st Exit Point: Rs. (Time) 193.50 (1505)
Avg. No. of Shares Traded: 310
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 460

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
423 432 456 465 476 488 497

Suggest-3:

RANBAXY

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
75.00 75.90 78.30 79.20 80.30 81.50 82.40

Also See-1:

APOLLOTYRE

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
108 109 114 116 118 120 122

Also See-2:

HEXAWARE

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
441 447 462 469 476 484 490

Also See-3:

TATASTEEL

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.
  • "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