IntradayTrade dot Net
Performance Results

Friday, 20-Apr-2012

  • Like it happened on the 13th of this month, today's sudden fall goes unexplained till now. Difference is, the market recovered quite a bit and came off the day's low at closing, unlike on the 13th. The only likely reason appears to be advance information that RIL results, to be declared after market hours, are bad.
  • Another similarity: the market was doing nothing till that time as today also, the NIFTY kept within a very tight range when the fall came. The NIFTY could not hold the 5300-level in closing. Volumes are coming down and FII activity is on the decline. Next week will be very dicey.
  • We have been shouting ourselves hoarse, but until some action is taken by the govt on the GAAR issue very quickly, liquidity will be a major issue for our markets. This is why we are still very cautious in our approach and do not endorse the 'Start of a Bull Phase' stand taken by some experts.
  • The Suggests of IntradayTrade dot Net had a bad time today also and only 3 of them could do anything worthwhile in LONG, although one of them was outside our Alerts. At the end, HINDPETRO made our day if you were patient and kept following the market.

 

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:

 

CIPLA

 

SAIL

 

TATAMOTORS

 

ALSO SEE:

HDFCBANK

HINDPETRO

TATAGLOBAL


 

ALERTS for Friday, 20-Apr-2012

Pre-Market: 9:00am

Gap-down opening and uncertain trading expected today;
Asian shares are down today morning on bad US economic data;
Europe & US markets declined after more Eurozone worries
and US labour market data showed signs of weakness;
Our market has no local triggers now except co results;
Results today: RELIANCE, CAIRN and others;
Also watchout for govt clarification on the GAAR issue;
INR-US$ is down at 52.1400; WTI Crude is at $102.59;

NIFTY Resistance levels today: 5360, 5400, 5440, 5480;
NIFTY Support levels are at: 5290, 5270, 5255, 5220, 5200;

Today's near-term trend is down as per expert opinion;
PSU banks have obeyed govt orders and reduced lending rates;
Private banks like ICICI and PNB have also followed suit;
Market likely to remain largely range-bound and trade
uncertain; Volumes should hold; Positive green closing
to the day may not be possible at the end today;
For Intraday: Wait & Watch; Take your chances when they come;
Maintain Strict StopLoss after you get in; Do not take big risks;
Take small small profits and exit; Repeat many times over.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Going choppily towards the line;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CIPLA 323 320 329 332 180
TATAGLOBAL 126 123 129 132 470

Watch HINDPETRO>299 and TATAMOTORS>317 if upsurge comes;
All for LONG;

NIFTY around 5330 now; Opened below 5315; Going up towards green;
First Support is at 5310; More Support is at 5290;
NIFTY first Resistance is at 5335; More is at 5360-5370;
Asian markets are mostly red; World markets are mixed;
Our market likely to trade in a range for some time;
Market will take direction after some trigger comes in;
Be very careful when taking any position in LONG;
Maintain proper Stop-Loss if entering any scrip.

 

ALERT-2: 11:00am

Market fluctuating around the line; Trading choppy and flat;
No Suggest gave profits in LONG since last Alert;
None look good now; All old levels are valid if upsurge comes;
Be sure and certain before taking position;
All for LONG.

NIFTY still around 5320; Trading choppy in 5315-5335 range;
First Support is still at 5310; More Support is at 5290;
NIFTY first Resistance is at 5335; More is at 5360-5370;
Asian markets are mostly red; World markets are mixed;
Our market likely to trade in a range for some more time;
No triggers for our market seen at present; Europe slated
to open in the red; This can bring our markets down;
Best to Wait & Watch; Be very sure before taking any position;
Maintain strict Stop-Loss if entering any scrip;
Take small small profits; Repeat many times.

 

ALERT-3: 12:30pm

NIFTY still fluctuating in a range just below the line;
HDFCBANK TATAMOTORS gave profits in LONG since the last Alert;
Hold HDFCBANK only if it crosses 558, Otherwise no;
Hold TATAMOTORS only if it crosses 320, Otherwise no;
HINDPETRO>298 SAIL>98 TATAGLOBAL>125 looks good for LONG at
this time; These and all others can fire from present low
level if market upsurge comes; All for LONG.

NIFTY around 5325 now; Still fluctuating in the 5315-5335 range;
Europe opening in the red one by one as expected;
This can take our markets down due to sheer inactivity;
First Support is still at 5310; More Support is at 5290;
NIFTY first Resistance is at 5335; More is at 5360-5370;
Maintain proper Stop-Loss if holding or entering any scrip;
Best to 'Stay Away' and not take any fresh position,
specially if you are in profit.

 

ALERT-4: 2:30pm

NIFTY in the red; Going down sharply; Strong negative bias;
HINDPETRO gave small profits in LONG since our last Alert;
None looks good for LONG at this time; But all can fire if
market turns and upsurge comes; Maintain strict StopLoss if
taking or holding any position; All for LONG.

NIFTY around 5250 now; Coming down from a high of 5335;
First Support is now at 5250; More Support is at 5220;
NIFTY Resistance is now at 5335; More is at 5360-5370;
Reasons for sudden downturn of last few minutes not known;
Europe is trading in red; But our market fall not linked;
No chance of positive ending today; Profit booking can
intensify; Do not risk profits already made ...
Best to 'Stay Away' and not take any fresh position now,
specially if you are in profit already.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
310 312 317 319 322 324 327

Suggest-1:

CIPLA

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
94 95 97 98 99 100 101

Suggest-2:

SAIL

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
304 307 314 317 321 325 328

Suggest-3:

TATAMOTORS

Approx. 1st Entry Point: Rs. (Time) 318 (1141)
Approx. 1st Exit Point: Rs. (Time) 320 (1233)
Avg. No. of Shares Traded: 180
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 360

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
527 532 546 551 557 564 569

Also See-1:

HDFCBANK

Approx. 1st Entry Point: Rs. (Time) 552 (1113)
Approx. 1st Exit Point: Rs. (Time) 558 (1229)
Avg. No. of Shares Traded: 105
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 420

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
287 290 296 298 302 305 307

Also See-2:

HINDPETRO

Approx. 1st Entry Point: Rs. (Time) 300 (1342)
Approx. 1st Exit Point: Rs. (Time) 308 (1408)
Avg. No. of Shares Traded: 200
Approx. Profit per Share: Rs. 8
Approx. Profit Today: Rs. 1600

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
115 117 121 123 125 128 129

Also See-3:

TATAGLOBAL

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. It can also mean that you should not have entered into this scrip in the first place, because of external circumstances.
  • 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