IntradayTrade dot Net
Performance Results

Tuesday, 17-Apr-2012

  • Like we had mentioned yesterday in this column, a 25 basis point cut of the repurchase rate by the RBI was already factored in by our market. So when RBI gave a positive surprise of 50bsp our market should have soared. But it didn't. It went down instead. We are not sure why. It was the good Europe opening that brought back some sense and gave us a positive closing.
  • We feel it will take another day for the market players to really grasp the depth of the RBI move: cheaper housing and car loans, lower EMI, no pre-payment penalty, etc. and then react positively.
  • Overall performance of the Suggests of IntradayTrade dot Net were not bad today in LONG following our Alerts. For AUROPHARMA there was a slight scare, but otherwise the other profits were not difficult to get. Many of the Suggests gave a second chance in which JPASSOCIAT did an excellent job.

 

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:

 

AUROPHARMA

 

ITC

 

TATAMOTORS

 

ALSO SEE:

DENABANK

HEXAWARE

JPASSOCIAT


 

ALERTS for Tuesday, 17-Apr-2012

Pre-Market: 9:00am

Flat to Gap-down opening and cautious trading expected today;
Asian shares are mixed today morning due to investor
nervousness over euro zone debt with Japan the only gainer;
US stocks ended mixed while European equities closed higher
on Monday after better-than-expected US retail sales data
helped improve sentiment; RBI's review of monetary policy is
expected to cut its main lending rate - the repo rate - for the
first time in three years by 25 basis points to 8.25% today;
Also watchout for govt clarification on the GAAR issue;
INR-US$ is at 51.6700; WTI Crude recovered to $102.93;

NIFTY Resistance levels today: 5245, 5265, 5300, 5340;
NIFTY Support levels are at: 5190, 5160, 5110, 5070;

Today's near-term trend is uncertain as per expert opinion;
The repo rate increase is factored in but the market will get
a surprise boost if RBI could also cut cash reserve ration
(CRR) by 25-50 basis points to further ease liquidity;
Market likely to trade very choppy and trade low-key in a range;
Volumes should grow; Positive ending to the day expected today also;
For Intraday: Wait for your chance to come; Do not be impatient;
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; Around the line now; Going flat;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 241.50 239 246 250 240
TATAMOTORS 301 297 305 309 190

Watch AUROPHARMA>128 and DENABANK>100.50 if upsurge comes;
All for LONG;

NIFTY around 5220 now; Trading in the 5210-5230 range; Flat bias;
First Support is at 5190; More Support is at 5160-5140;
NIFTY first Resistance is at 5245; More is at 5265;
Asian markets are mixed; Japan green, China red, marginally;
Our market likely to continue sideways till RBI announcement;
Market will take direction after that depending on what comes;
Be very careful when taking any position in LONG;
Maintain proper Stop-Loss if entering any scrip.

 

ALERT-2: 11:00am

Market in green; Going good; Trading with positive bias;
No Suggests gave profits in LONG since last Alert;
Hold AUROPHARMA>129 SL-127 and DENABANK>101 SL-99 if in;
Watch HEXAWARE>127 JPASSOCIAT>79.50 TATAMOTORS>301
ITC>241.50 now if upsurge comes; Be sure and certain
before taking position; All for LONG.

NIFTY has gone strongly positive in the last few minutes;
RBI has cut repo rate by 50 bps to 8%; CRR unchanged at 4.75%;
NIFTY now around 5280; Coming up from a low of 5210;
First Support is at 5240; More Support is at 5190;
NIFTY first Resistance is at 5300; More is at 5340;
Asian markets mostly red; Japan has gone into the red;
Our market waiting for impact of news on RBI policy;
Market coming down after a high; Not much upside expected;
Europe is scheduled to open in the red; This can have
adverse effect in our market specially if analysis is bad;
Be watchful and careful; Take small small profits;
Repeat many times; Maintain strict Stop-Loss if holding.

 

ALERT-3: 12:30pm

NIFTY going down; On the line now; Slight negative bias;
Many Suggests gave profits in LONG since the last Alert;
Should have been out of AUROPHARMA at 129 by now;
DENABANK out at 103; ITC at 245; JPASSOCIAT at 80.80 and
TATAMOTORS at 304.50; See now DENABANK>100 ITC>243
if market turns up and surge comes; All for LONG.

NIFTY above 5240 now; Coming up from a low of 5225;
Touched a high of 5295 immediately after RBI rate cut;
Support for NIFTY has come in at 5220; More is at 5190;
First Resistance is at 5265; More is at 5290-5300;
Asian markets are in the red; Europe opening mostly green;
RBI good signal of higher than expected rate cut also sinking in;
Our market has good chance of recovering and going up;
But some downside also possible; Better to Wait & Watch;
Best to 'Stay Away' if not sure and already in profit;
Maintain proper Stop-Loss if entering any scrip; Repeat.

 

ALERT-4: 2:30pm

NIFTY in the green; Going up again; Strong positive bias;
DENABANK ITC JPASSOCIAT TATAMOTORS gave profits in LONG
for a 2nd run since last Alert; Hold DENABANK>101 ITC>245
JPASSOCIAT>81.50 TATAMOTORS>301.50 if you are still in;
All Suggests can fire if market keeps going and upsurge holds;
Maintain strict StopLoss if taking or holding any position;
All for LONG.

NIFTY around 5290 now; Went down to 5225 after RBI announcement;
Coming back now as Europe is going to green; RBI has also reduced
bank lending rates; This and rate cut lifting market sentiments;
NIFTY Support at 5220 still acting strong and holding;
NIFTY Resistance of 5260-5265 has been crossed twice today;
Resistance of 5290-5300 is under test now for the 2nd time today;
Next Resistance is at 5340; Market likely to continue good till end;
May however consolidate and level out; 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
109 112 121 124 128 133 136

Suggest-1:

AUROPHARMA

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
231 233 238 240 243 245 247

Suggest-2:

ITC

Approx. 1st Entry Point: Rs. (Time) 242.50 (1058)
Approx. 1st Exit Point: Rs. (Time) 245.50 (1443)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 720

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
279 283 294 298 303 309 313

Suggest-3:

TATAMOTORS

Approx. 1st Entry Point: Rs. (Time) 302 (1058)
Approx. 1st Exit Point: Rs. (Time) 304.50 (1107)
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 470

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
92 94 99 100 102 105 106

Also See-1:

DENABANK

Approx. 1st Entry Point: Rs. (Time) 101 (1048)
Approx. 1st Exit Point: Rs. (Time) 103 (1108)
Avg. No. of Shares Traded: 590
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 1180

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
114 117 123 125 128 131 134

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
74 75 78 79 80 82 83

Also See-3:

JPASSOCIAT

Approx. 1st Entry Point: Rs. (Time) 79.80 (1101)
Approx. 1st Exit Point: Rs. (Time) 80.80 (1105)
Approx. 2nd Entry Point: Rs. (Time) 80.50 (1404)
Approx. 2nd Exit Point: Rs. (Time) 83 (1443)
Avg. No. of Shares Traded: 740
Approx. Profit per Share: Rs. 3.50 (1+2.50)
Approx. Profit Today: Rs. 2590

 


 

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