IntradayTrade dot Net
Performance Results

Thursday, 26-Apr-2012

  • Today was expected to be choppy and direction-less because of general global situation and F&O Expiry. Everything went as per expectation today. The NIFTY kept within a tight 30-point range but could not hold on to the 5200-mark. The near-term outlook is now negative and NIFTY Support of 5180-5150 is challenged.
  • FII selling continues. FIIs have sold equities worth more than Rs2kCr in the last 4 sessions alone. We have stopped shouting about the need of govt clarification on the GAAR as we do not have any great reach and no one seems to be listening. Good thing is, there is one group of Experts with better reach that have started raising their voices.
  • This came up in the Economic Times website today: "As far as GAAR is concerned, there has been much uncertainty on the modalities and the FII community cannot afford to be taken up the wrong way. The sooner clarity comes in, the better it is. We must understand that we are dependent on foreign capital for our markets and for other things and there is no reason why we should upset people who put in their savings and investments in this country ... the government needs to take positive action to boost investor confidence."
  • The Suggests of IntradayTrade dot Net again just managed to scrape through with slight profits today in LONG following our Alerts, and again, site objectives were not met. It has to be noted that the day was not fit for Intraday Trading and we have been asking our members to Stay Away on a no-trade day like today. If you have made any profit at all today in LONG, you have indeed done well!

 

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:

 

CROMPGREAV

 

HINDPETRO

 

IVRCLINFRA

 

ALSO SEE:

CAIRN

ITC

PANTALOONR


 

ALERTS for Thursday, 26-Apr-2012

Pre-Market: 9:00am

Gap-up to Flat opening and choppy trading expected today;
Today is F&O expiry for the April series; May be a non-event;
Asian shares are mostly in the green today morning;
Europe had closed in green & US markets were good last night;
Our market has no local triggers now except co results;
Also watchout for govt clarification on the GAAR issue;
Results today: IDEA, Bata India, SterTech and others;
INR-US$ is at 52.5400; WTI Crude is at $104.05;

NIFTY Resistance levels today: 5230, 5250, 5270, 5300;
NIFTY Support levels are at: 5175, 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 possible today and will become clear in the 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;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ITC 246 243 250 252 240
IVRCLINFRA 65 63 67 69 910

Watch HINDPETRO>303 and PANTALOONR>171 if upsurge comes;
All for LONG;

NIFTY around 5200 now; Trading choppy in 5195-5210 range;
First Support is at 5175; More Support is at 5150;
NIFTY first Resistance is at 5230; More is at 5250;
Asian markets are mostly red; World markets are mixed;
Our market likely to trade range-bound for some time;
Market not expected to take direction in a hurry as today
is Expiry; Be careful when taking any position in LONG;
Sudden down side possible; Stay Away if not sure;
Maintain proper Stop-Loss if entering any scrip.

 

ALERT-2: 11:00am

Market choppy below the line; Negative bias developing;
HINDPETRO gave profits in LONG since last Alert;
Hold HINDPETRO above 306 if in; Or at least reduce holding;
ITC>246 IVRCLINFRA>65 still good; Old levels valid for these;
CROMPGREAV(132.50) PANTALOONR(169) stuck; All Suggests
can give profits in LONG from present low level if upsurge comes;
Wait till direction confirms; Be sure and certain before
taking position; All for LONG.

NIFTY around 5190; Coming down from a high of 5210;
Negative bias developing; This is still 'No-Trade' market;
Very risky; Best to Wait & Watch; And not take undue risk;
NIFTY Resistance has now developed at 5210; First Support
is still at 5175; More Support is still at 5250;
Asian markets are mostly red; World markets mostly green;
Our market likely to trade in a range with slight negative bias;
European markets are expected to open mixed; Trade pattern
uncertain; May be negative; This can take our market down;
Intraday Traders should 'Stay Away' till you are sure;
Maintain strict Stop-Loss if entering any scrip;
Take small small profits; Repeat many times.

 

ALERT-3: 12:40pm

NIFTY still in the red; Going choppy and uncertain;
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; This is still a 'No-Trade' market.

NIFTY around 5190 now; Coming down from a high of 5205 at 11:45am;
NIFTY Resistance at 5205-5210 still very active; First Support
is still at 5185-5175; More Support is still at 5150;
Asian markets are mostly green; World markets mostly green;
European markets are opening mixed; Trade pattern uncertain;
But now expected to be positive; This can take our market up;
Our market likely to trade in a range with uncertain bias;
Best to Wait & Watch and see where our 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: 2:30pm

NIFTY in the red; Choppy and Uncertain; No attempt to break out;
CROMPGREAV ITC gave small profits in LONG since our last Alert;
If you are still in, Hold ITC>248.50 if surge comes;
Better to release 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 around 5190 again; Went up to 5210 from a low of 5185;
NIFTY Resistance at 5205-5210 still very active; First Support
is still at 5185-5175; More Support is still at 5150;
Asian markets are mostly green; But Europe has lost its sheen
after opening mixed; Trade pattern uncertain; Bad global
cues might push our market below 5175 at closing today;
Positive ending at close today might still be possible
if markets recover sufficiently; Chances remote;
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
126 127 131 132 134 136 137

Suggest-1:

CROMPGREAV

Approx. 1st Entry Point: Rs. (Time) 133 (1357)
Approx. 1st Exit Point: Rs. (Time) 133.70 (1359)
Avg. No. of Shares Traded: 450
Approx. Profit per Share: Rs. 0.70
Approx. Profit Today: Rs. 310

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
296 298 303 305 307 309 311

Suggest-2:

HINDPETRO

Approx. 1st Entry Point: Rs. (Time) 304 (1000)
Approx. 1st Exit Point: Rs. (Time) 306 (1039)
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 380

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
58 59 62 63 65 66 67

Suggest-3:

IVRCLINFRA

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
331 336 343 348 352 356 360

Also See-1:

CAIRN

Approx. 1st Entry Point: Rs. (Time) 344 (1205)
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
240 241 244 246 247 249 250

Also See-2:

ITC

Approx. 1st Entry Point: Rs. (Time) 247 (1138)
Approx. 1st Exit Point: Rs. (Time) 249 (1400)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 480

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
159 162 168 170 173 176 178

Also See-3:

PANTALOONR

Approx. 1st Entry Point: Rs. (Time) 170 (1137)
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