IntradayTrade dot Net
Performance Results

Wednesday, 25-Apr-2012

  • All expert calculations went out the window by some irrelevant announcement by some agency somewhere. This is only a rating outlook change and not a rating change for now: that would be important as FIIs tend to follow that. But look at the results. The market realised the folly, but it was a late reaction, by which time the Bears have taken their toll. Good we saved the 5200 level for the NIFTY. Tomorrow is Expiry and choppyness is expected, and the direction will normally be down.
  • The Suggests of IntradayTrade dot Net just managed to scrape through with slight profits today in LONG following our Alerts but site objectives were not met. Nothing went as planned, such were the circumstances. We expect better performance tomorrow.

 

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:

 

BHARTIARTL

 

SAIL

 

WIPRO

 

ALSO SEE:

HEXAWARE

ITC

TATAMOTORS


 

ALERTS for Wednesday, 25-Apr-2012

Pre-Market: 9:00am

Flat opening and cautious trading expected today also;
Asian shares are mostly in the green today morning;
Europe had closed in green & US markets were mixed last night;
Our market has no local triggers now except co results;
But some choppiness is expected as this is Expiry week;
Also watchout for govt clarification on the GAAR issue;
WIPRO has declared Q4 results that is at par with market
expectations; This will have positive impact in today's trade;
Other Results today: INDIACEM, LICHSGFIN, YESBANK and others;
INR-US$ is at 52.6900; WTI Crude is at $103.72;

NIFTY Resistance levels today: 5230, 5245, 5270, 5300, 5340;
NIFTY Support levels are at: 5200, 5180, 5150, 5110, 5070;

Today's near-term trend is still down as per expert opinion;
Market to remain choppy and trade range-bound in the morning;
Direction change expected in the 2nd half; Positive closing
to the day also possible today but uncertain till 2nd half;
For Intraday: Like yesterday, be cautious; Market may be
difficult to trade today also; Wait & Watch; Stay Away
until market settles down and takes direction; Do not take
big risks; Maintain Strict StopLoss after you get in;
Take small small profits and exit; Repeat if possible.

 

ALERT-1: 10:00am

Flat opening for the NIFTY; Going choppy in the green;
BHARTIARTL has done OK since opening; Should be in at 313;
Hold BHARTIARTL>315 if in; StopLoss will be at 312;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 246 243 250 252 240
TATAMOTORS 315 311 322 326 180

Watch HEXAWARE>133 SAIL>101 WIPRO>415 if upsurge comes;
All for LONG;

NIFTY around 5230 now; Trading choppy in 5220-5235 range;
First Support is at 5200; More Support is at 5180;
NIFTY first Resistance is at 5235; More is at 5245;
Asian markets are mostly green; World markets are green;
Our market likely to trade range-bound for some time;
Market expected to take direction in second half; No local
triggers; WIPRO results did not affect market in any way;
Be careful when taking any position in LONG; Sudden down side
possible; Maintain proper Stop-Loss if entering any scrip.

 

ALERT-2: 11:00am

Market fluctuating just above the line; Trading choppy;
No Suggest gave profits in LONG since last Alert;
None look good now; Old levels are no longer valid;
Best to Exit BHARTIARTL, or at least reduce holding;
All Suggests can give profits in LONG from present
low level if upsurge comes; Wait till direction confirms;
BHARTIARTL HEXAWARE ITC WIPRO stuck; Can fire anytime;
Be sure and certain before taking position;
All for LONG.

NIFTY around 5230; Still in 5220-5235 range; No action;
You will have to wait till direction is confirmed;
Till then Wait & Watch; This is 'No-Trade' market;
Very risky; NIFTY Support has now developed at 5210;
More Support is at 5200; First Resistance is at 5235;
Asian markets are mostly green; World markets are green;
Our market likely to trade in a range for some more time;
European markets are expected to open mixed; Trade pattern
uncertain; May be negative; This can take our markets down;
Best to Wait & Watch; Best to 'Stay Away' till you are sure;
Maintain strict Stop-Loss if entering any scrip;
Take small small profits; Repeat many times.

 

ALERT-3: 12:30pm

NIFTY deep in the red; Went down sharply after S&P downgrade;
No Suggest gave profits in LONG since the last Alert;
No Suggest looks good for LONG at this time;
All Suggest can fire from present low level if market turns
and upsurge comes; Look at these levels: BHARTIARTL>315
HEXAWARE>132 ITC>244 SAIL>99 TATAMOTORS>313
WIPRO>410; All for LONG.

NIFTY around 5185 now; Coming down from a high of 5235;
Went down to 5160 after international ratings agency Standard
& Poor's cut India's outlook to negative from stable — it
was BBB earlier and BBB(-) now; There is a 1-in-3 chance of a
downgrade to India's credit rating — this is more vital;
S&P said that government's policy reversals may diminish FII
confidence; Market desparately trying to recoup now; NIFTY
already up by about 40-points; Support has been found at 5160;
NIFTY first Resistance is now at 5200; This needs to be
crossed for more upward direction; Europe opening important;
Europe is scheduled to open mixed; Good trading there can lift
our market further; Best to Wait & Watch and see where market
settles; Till then 'Stay Away' and do not take any fresh
position; Maintain proper Stop-Loss if entering any scrip;
Take small profit and exit; Repeat if you get opportunity.

 

ALERT-4: 2:45pm

NIFTY in the red; Uncertain bias; Recovery attempt very weak;
SAIL TATAMOTORS WIPRO gave small profits in LONG since our last Alert;
If you are still in, Hold SAIL>100.50 TATAMOTORS>314 if surge holds;
Better to realease immediately after getting in profit;
No other Suggest look good for LONG now;
All Suggests can fire if market turns and upsurge comes;
Maintain strict StopLoss if taking or holding any position;
All for LONG.

NIFTY still around 5200; Coming up choppily from a low of 5160;
Support of 5160 still active; Should hold for the day;
NIFTY first Resistance of 5200-5220 under test now; This
needs to be crossed for more upward direction; Doesn't look
possible today; Europe is trading mostly in the green;
This did not pull our markets up substantially; Positive
ending at close today does not look possible anymore;
Don't lose vigil ... Market uncertain and can fall suddenly;
Be sure and certain before taking any position in last hour;
Take small profit and exit; Repeat if you get opportunity;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
267 278 288 299 304 309 319

Suggest-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. (Time) 313 (0930)
Approx. 1st Exit Point: Rs. (Time) 315.50 (1003)
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 93 98 99 102 104 106

Suggest-2:

SAIL

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
417 422 434 439 445 452 456

Suggest-3:

WIPRO

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
122 124 128 130 132 134 135

Also See-1:

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
234 236 241 244 246 249 252

Also See-2:

ITC

Approx. 1st Entry Point: Rs. (Time) 245 (1350)
Approx. 1st Exit Point: Rs. (Time) 246 (1514)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 240

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
305 307 310 312 314 316 318

Also See-3:

TATAMOTORS

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

 


 

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