IntradayTrade dot Net
Performance Results

Wednesday, 02-May-2012

  • Another good positive opening today but the Bulls could not hold on to the gains. There were no particular reasons for the fall — just plain inactivity. Volumes have inched higher and FII activity is just about OK. But some positive activity is required to push our market higher.
  • The immediate resistance levels of 5275-5280 were just touched today but could not be crossed. This level will now have to be crossed convincingly for uptrend to commence. Above 5280 we still feel 5350-5370 are attainable in the near term.
  • Apart from the GAAR issue, the latest concern is the fall of the Rupee. The partially convertible Rupee ended at 52.95 per dollar, down 22 paise, against a previous close of 52.73. It slipped to a low of Rs53.02 per dollar earlier in the day. It is feared that 55 may be touched shortly.
  • We were unable to provide Alerts and updates today due to system trouble at our end. In spite of that, there were clear opportunities today in the two scrips reported here in LONG for the Suggests of IntradayTrade dot Net.

 

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:

 

BANKINDIA

 

JPASSOCIAT

 

PANTALOONR

 

ALSO SEE:

EXIDEIND

SESAGOA

TATAMOTORS


 

ALERTS for Wednesday, 02-May-2012

Pre-Market: 9:00am

Flat to Gap-up opening and positive trading expected today;
HUL has reported increase in quarterly profits on May Day (holiday);
The DOW closed at its highest level in more than four years on
Tuesday after strong US factory activity data; Asian shares are
good in the green today morning on same lines; Most markets in Asia
and Europe were closed on Tuesday to mark the May Day holiday;
Our market showing signs of a breakout on return of participation
of FIIs; This upsurge may not be long-lasting; So, be careful...
Results today: Bharti Airtel, Hero MotoCorp, Century Textiles, etc;
INR-US$ is at 52.7300; WTI Crude is at $105.88;

NIFTY Resistance levels today: 5275, 5300, 5340, 5360;
NIFTY Support levels are at: 5230, 5210, 5180, 5150;

Today's near-term trend is uncertain as per expert opinion;
Market may surge upwards for a short rally during the day;
Another opinion predicts choppy and range-bound trading;
Direction change expected later in the day; Positive closing
to the day possible today and will become clear in the 2nd half;
For Intraday: Be cautious; Market may turn in either direction;
Positive surge more likely; Do not get carried away; Wait & Watch;
Stay Away if in doubt; Do not take big risks; Maintain StopLoss;
Take small small profits and exit; Repeat if possible.

 

No other Alerts were sent today due to system trouble.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
323 330 346 353 361 369 376

Suggest-1:

BANKINDIA

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
71.00 71.70 73.60 74.40 75.30 76.30 77.00

Suggest-2:

JPASSOCIAT

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
161 166 179 184 191 198 203

Suggest-3:

PANTALOONR

Approx. 1st Entry Point: Rs. (Time) 183 (1152)
Approx. 1st Exit Point: Rs. (Time) 186 (1202)
Avg. No. of Shares Traded: 320
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 960

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
123 124 127 129 131 132 134

Also See-1:

EXIDEIND

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
182 183 187 188 190 192 193

Also See-2:

SESAGOA

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
306 308 313 315 318 321 323

Also See-3:

TATAMOTORS

Approx. 1st Entry Point: Rs. (Time) 308 (1021)
Approx. 1st Exit Point: Rs. (Time) 311 (1142)
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 3
Approx. Profit Today: Rs. 570

 


 

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