IntradayTrade dot Net
Performance Results

Thursday, 03-May-2012

  • The good turn that we were predicting towards the end of the day did not come. There was a weak attempt by the Bulls to breakout into the green, but it lacked power. Good cues from Europe also did not help. Later, things turned bad there also. Tomorrow we should see something happening.
  • There is very strong Support at 5180-5150 for the NIFTY. Today 5190-5180 was touched several times and the NIFTY could manage to hold at these levels. If 5150 is breached we can expect a free-fall. The 'funnel' that has been created in the NIFTY daily chart predicts a breakout anytime. Up or down — the leaning is more towards down.
  • Some clarification has come on the GAAR issue, in so much that our Govt will not charge anything with retrospective effect. But a lot more clarity is required, and by the looks of it, final details will not be released until June or July. Won't that be too late? Will the FIIs wait till then or will they pull out of India by that time? We'll have to wait and see.
  • The Suggests of IntradayTrade dot Net did an OK job in LONG, following our Alerts, on a lifeless flat market where the NIFTY kept within a 30-point range throughout the day. The profits shown were difficult to get, but on a day like this, if you have made any profits in LONG, you have 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:

 

ALBK

 

DLF

 

TITAN

 

ALSO SEE:

BHARTIARTL

INDIACEM

TATAGLOBAL


 

ALERTS for Thursday, 03-May-2012

Pre-Market: 9:00am

Flat to Gap-down opening and uncertain trading expected today;
Asian markets are down this morning after disappointing data
from US and Europe about the strength of the global economic
recovery; The US markets closed down last night on concerns
that Friday's key jobs report will disappoint investors;
Our market has a lot to worry about the falling Rupee;
But the opening of sugar exports has come in as a booster;
Also, India's manufacturing sector has grown slightly in April
as per HSBC-PMI after falling for three months; This is good;
Results today: Marico, Piramal Health, TVS Electronics, etc;
INR-US$ is at 52.9500; WTI Crude is at $105.27;

NIFTY Resistance levels today: 5260, 5275, 5300, 5340, 5360;
NIFTY Support levels are at: 5220, 5200, 5180, 5150, 5110;

Today's near-term trend is uncertain as per expert opinion;
Market may fall to 5180-5150 levels today it is feared;
We feel we will have range-bound trading in the first half at least;
Direction change expected later in the day depending on global cues;
Positive change is expected and a positive closing is on the cards;
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.

 

ALERT-1: 10:00am

Gap-down opening for the NIFTY; Going flat now in the red;
ALBK doing good since opening; Should have been in at 171;
Hold ALBK>172 if in; StopLoss at 170; Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
TATAGLOBAL 120 118 123 125 490
TITAN 246 243 249 252 240

Watch BHARTIARTL>314 and DLF>191 if upsurge comes;
All for LONG;

NIFTY around 5200 now; Opened around same level; Going flat;
Trading now in the 5200-5220 range since opening;
First Support is at 5200-5180; More Support is at 5150;
NIFTY first Resistance is at 5220; More is at 5250;
Asian markets are mixed; World markets are mixed;
Our market likely to trade range-bound for some time;
Market expected to take direction in the positive today;
Be certain and 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 in the red; Slight positive bias developing;
ALBK gave profits since last Alert; Should be out at 173;
Watch ALBK>172 BHARTIARTL>315 TATAGLOBAL>119
TITAN>245.50 now if upsurge comes; Be sure and certain
before taking position; All for LONG.

NIFTY around 5210; Went down and touched 5190; Support held;
Positive bias developing; This is still very uncertain market;
Best to Wait & Watch; And not take undue risk;
First Support is still at 5200-5180; More Support is at 5150;
NIFTY first Resistance is still at 5220; More is at 5250;
Asian markets are mixed; World markets are also mixed;
Europe expected to open good ahead of ECB Rate Decision;
Market still expected to take direction in the positive today;
Trade pattern uncertain as of now; Downside also possible;
Maintain strict Stop-Loss if entering any scrip;
Take small small profits; Repeat many times.

 

ALERT-3: 12:30pm

NIFTY still in the red; Going choppy and uncertain;
No Suggest gave profits in LONG since the last Alert;
Only BHARTIARTL>315 TITAN>245 looks good for LONG at this time;
All Suggest can fire if market turns and upsurge comes;
All for LONG.

NIFTY around 5205 now; Coming up from a low of 5190 again;
Support of 5200-5180 still acting strong; Should hold for the day;
NIFTY first Resistance is still at 5220; More is at 5250;
Asian markets are mixed; European markets are opening mixed;
Mostly in the green; Seen to go higher; This can take our
market up; Our market already developing a positive bias;
Best to Wait & Watch and see where our market settles;
Do not over-react; Maintain proper Stop-Loss if entering any scrip;
Take small profit and exit; Repeat if you get opportunity.

 

ALERT-4: 2:30pm

NIFTY deep in the red; Trading with negative bias;
DLF TITAN gave small profits in LONG since our last Alert;
No point holding TITAN; Should have been out at 247;
DLF out at 190; No Suggest looks 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 now; Went down to 5180 from a high of 5215;
Support of 5200-5180 still acting strong; Still holding;
NIFTY first Resistance is still at 5220; More is at 5250;
European markets are opening in the green; Trading good;
This is having no impact on our market today; NIFTY 5180
may not hold today; Recovery possible to some extent;
But positive ending at close today looks 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
163 165 168 170 172 173 175

Suggest-1:

ALBK

Approx. 1st Entry Point: Rs. (Time) 171 (0932)
Approx. 1st Exit Point: Rs. (Time) 173 (1008)
Avg. No. of Shares Traded: 350
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 700

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
184 185 190 192 194 197 199

Suggest-2:

DLF

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
230 233 240 243 246 249 252

Suggest-3:

TITAN

Approx. 1st Entry Point: Rs. (Time) 246 (1329)
Approx. 1st Exit Point: Rs. (Time) 247.50 (1416)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 1.50
Approx. Profit Today: Rs. 360

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
300 304 313 316 321 325 329

Also See-1:

BHARTIARTL

Approx. 1st Entry Point: Rs. (Time) 316 (1239)
Approx. 1st Exit Point: Rs. (Time) 317 (1301)
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 190

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
83 84 86 87 88 89 90

Also See-2:

INDIACEM

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
114 115 118 119 121 122 124

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