IntradayTrade dot Net
Performance Results

Monday, 16-Apr-2012

  • Yesterday there was a sudden scare in the market that RBI may not give a rate cut tomorrow. This had brought the market down just before 2pm. Today there was news that RBI has already hinted that it will give a rate cut tomorrow. This helped the market keep its positive bias intact and close near the day's high, although the range was quite small. Point to note: this was in spite of the inflation coming in at a much higher level than expected.
  • However, a 25bps rate cut seems to be already factored in by the way the market behaved today. So, you may not see too much of an upside. But in case the cut does not happen then you will actually see a fall of 200 points or so.
  • Going forward, once the policy is out then we will be pretty much dependant on global cues. Global markets are correcting now, and if the correction continues then our market will find it very difficult to go up. So, either way, a big upmove is not likely to happen in the near future. So says the experts. But we feel a significant move will definitely happen, up or down — see the 'funnel' pattern on the NIFTY daily chart. Volume figures also support this view.
  • The partially convertible rupee touched a three-month low of 51.75 per dollar. This is now becoming a matter of concern. There is news that RBI will have to intervene here also to contain the situation.
  • In keeping with the market trend today, the Suggests of IntradayTrade dot Net did an OK job in LONG following our Alerts. Also, we did not give any Alert that could have pushed our members to a loss situation. Like we have said earlier, this is also important. Best was, one new 3-day-old Trial Member rang up and said he could make some profits today for the first time in Intraday following our system — our day has been made :-)

 

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:

 

APOLLOTYRE

 

HINDUNILVR

 

JSWSTEEL

 

ALSO SEE:

ITC

LUPIN

PETRONET


 

ALERTS for Monday, 16-Apr-2012

Pre-Market: 9:00am

Gap-down to flat opening and cautious trading expected today;
Asian markets are red; European markets and US stocks
closed in the red last Friday on China growth worries;
Domestic headline news trigger lined up for today is
inflation numbers for March 2012, expected around 6.7;
We also await the RBI's review of monetary policy tomorrow;
Also watchout for govt clarification on the GAAR issue;
INR-US$ is at 51.2975; WTI Crude recovered to $102.84;

NIFTY Resistance levels today: 5230, 5260, 5280, 5300, 5340;
NIFTY Support levels are at: 5180, 5160, 5140, 5110, 5070;

Today's near-term trend is uncertain as per expert opinion;
Market likely to trade very choppy and trade low-key in a range;
Volumes will again grow; Positive ending to the day expected;
For Intraday: Wait for your chance to come; Be quick to react;
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; Went up immediately; On the line now;
PETRONET done OK since opening; PETRONET should have been in at 162.50;
Hold PETRONET>163 if surge comes; StopLoss at 161; Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
APOLLOTYRE 87 85 89 91 680
LUPIN 564 556 574 580 105

Watch HINDUNILVR>425 and ITC>237.50 if upsurge comes;
All for LONG;

NIFTY around 5200 now; Opened below 5190 and went up to 5210;
Now trading in the 5190-5210 range; Flat bias seen;
First Support is at 5180; More Support is at 5160-5140;
NIFTY first Resistance is at 5230; More is at 5260;
Asian markets in the red; Almost whole world is in red;
Our market likely to continue sideways till the inflation
data comes; Market will take direction after that;
Be very careful when taking any position in LONG;
Maintain proper Stop-Loss if entering any scrip.

 

ALERT-2: 11:10am

Market in red; Going flat; Trading with uncertain bias;
ITC LUPIN gave profits in LONG since last Alert;
Hold ITC>239 SL-235 and LUPIN>568 SL-565 if in;
PETRONET should be sell at 163; APOLLOTYRE stuck at 87;
Watch HINDUNILVR>424 JSWSTEEL>750 now if upsurge comes;
Be sure and certain before taking position;
All for LONG.

NIFTY still around 5200; Still in the 5195-5210 range;
First Support is at 5180; More Support is at 5160-5140;
NIFTY first Resistance is at 5230; More is at 5260;
Asian markets in the red; Almost whole world is in red;
Our market likely to continue sideways till the inflation
figures of March are released; RBI's decision tomorrow
to depend on this data; So, the market is waiting;
Europe is scheduled to open in the red; This can have
adverse effect in our market specially if inflation is bad;
Don't get carried away; Be watchful and take small profits;
Repeat many times; Maintain strict Stop-Loss on any scrip.

 

ALERT-3: 12:30pm

NIFTY going flat; Market in green; Slight positive bias;
ITC LUPIN gave profits in LONG since the last Alert;
Should have been out of LUPIN at 573 by now; If not,
Hold LUPIN>570 SL-565 and ITC>239 SL-237 if you are still in;
See now JSWSTEEL>750 PETRONET>163 if market goes up;
All for LONG.

NIFTY above 5210 now; Coming up from a level of 5185;
March inflation has come in at 6.89% versus 6.95% in Feb;
No immediate reaction but market expecting rate cuts tomorrow;
First Support is still at 5180; More Support is at 5160-5140;
NIFTY first Resistance is still at 5230; More is at 5260;
Asian markets are in the red; Europe is opening in the red;
Our markets uncertain; If situation does not change, the slight
positive trend likely to continue for some time; Choppily;
But some downside also possible; Better to Wait & Watch;
Best to 'Stay Away' if not sure and certain to take position;
Maintain proper Stop-Loss if entering any scrip; Repeat.

 

ALERT-4: 2:45pm

NIFTY in the green; Choppy again; Mixed bias;
ITC JSWSTEEL gave profits in LONG since last Alert;
You should be out of JSWSTEEL; In at 752; Out at 755;
Hold ITC>241 SL-239 for LONG if still in; Others were
not worth it; All Suggests can fire if market turns
and upsurge comes; Maintain strict StopLoss if taking
any new position; All for LONG.

NIFTY around 5230 now; Went down to 5190 after Europe opened red;
Coming back now as Europe is going to green; Trading choppy;
Support at 5180 acted strong; More Support is at 5160-5140;
NIFTY Resistance of 5230 also acted strong; More is at 5260;
Our markets uncertain; Trading between the 5190-5230 range;
Market likely to continue like this till ending; Market does
not have strength to go out of range; A positive closing is
definite; 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
80 82 85 87 88 90 92

Suggest-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
419 421 424 426 428 430 432

Suggest-2:

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
678 692 723 738 754 769 784

Suggest-3:

JSWSTEEL

Approx. 1st Entry Point: Rs. (Time) 752 (1240)
Approx. 1st Exit Point: Rs. (Time) 755 (1329)
Avg. No. of Shares Traded: 80
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 240

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
226 230 235 238 240 243 246

Also See-1:

ITC

Approx. 1st Entry Point: Rs. (Time) 238 (1044)
Approx. 1st Exit Point: Rs. (Time) 241.50 (1450)
Avg. No. of Shares Traded: 250
Approx. Profit per Share: Rs. 3.50
Approx. Profit Today: Rs. 870

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
538 544 556 562 568 574 580

Also See-2:

LUPIN

Approx. 1st Entry Point: Rs. (Time) 565 (1024)
Approx. 1st Exit Point: Rs. (Time) 573 (1129)
Avg. No. of Shares Traded: 105
Approx. Profit per Share: Rs. 8
Approx. Profit Today: Rs. 840

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
154 155 159 161 163 164 166

Also See-3:

PETRONET

Approx. 1st Entry Point: Rs. (Time) 162.50 (0938)
Approx. 1st Exit Point: Rs. (Time) 163.25 (1003)
Avg. No. of Shares Traded: 370
Approx. Profit per Share: Rs. 0.75
Approx. Profit Today: Rs. 270

 


 

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