IntradayTrade dot Net
Performance Results

Friday, 04-May-2012

  • Bad cues, both global and domestic, brought our market down to dangerous levels today. The NIFTY fell by over 100-points to close below 5100. We now face a free-fall to below NIFTY-4900 although some experts believe that NIFTY-5000 will not be breached. We'll have to wait till next week to see what happens.
  • NIFTY strong Supports at 5180, 5150 and 5110 were breached today in quick time with the Bears in full control. The 'funnel' formation in the NIFTY daily chart that we mentioned yesterday, has given a downside break. Time to be careful.
  • Instead of easing FII sentiments, our govt mentioned that India was considering a review of the Double Taxation Avoidance Treaty with Mauritius to raise revenues. This led to panic selling in the market. We hope to to get some clarity on GAAR and new tax provisions next week when the Finance Bill is passed in Parliament.
  • The Suggests of IntradayTrade dot Net did an OK job in LONG today also, following our Alerts and PricePoints. WIPRO, the initial runner, turned out to be Marginal but TITAN came from behind to post reasonable profits. Even if you could get into TITAN in the 2nd chance, this should count as a good job on a bad day.

 

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:

 

ARVIND

 

HINDUNILVR

 

TITAN

 

ALSO SEE:

ALBK

PANTALOONR

WIPRO


 

ALERTS for Friday, 04-May-2012

Pre-Market: 9:00am

Flat to Gap-down opening and uncertain trading expected today;
Asian markets are down today also after disappointing data
from US and Europe about the strength of the global economic
recovery; The US markets closed down last night after a
survey showed tepid growth in the US services sector;
The rupee's depreciation is a worry to FIIs apart from GAAR
taxation issues; No local trigger lined up for today;
Q4 Results: Bank of Baroda, Corporation Bank, NIIT Tech, etc;
INR-US$ is at 53.4100; WTI Crude is at $102.55;

NIFTY Resistance levels today: 5200, 5230, 5260, 5275;
NIFTY Support levels are at: 5180, 5150, 5110, 5070;

Today's near-term trend is down as per expert opinion;
Market may fall below 5180-5150 levels today it is feared;
The downward trend may get arrested if global cues turn positive;
This is expected and a positive closing is on the cards;
For Intraday: Be cautious; Market may turn in either direction;
Negative fall more likely; Wait & Watch; Stay Away if in doubt;
Do not take big risks; Maintain strict 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;
WIPRO doing good since opening; Should have been in at 419;
Hold WIPRO>420 if in; StopLoss at 414; Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
ALBK 172 170 175 177 340
HINDUNILVR 436 432 442 445 130

Watch ARVIND>89 and TITAN>241 if upsurge comes;
All for LONG;

NIFTY around 5165 now; Opened around same level; Going flat;
Trading now in the 5175-5155 range since opening;
NIFTY first Support is at 5150; More Support is at 5110;
NIFTY first Resistance is at 5190; More is at 5220;
Asian markets are mixed; Japan and China both are green;
Our market likely to trade range-bound for some time;
Market expected to take direction in the negative 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 and deep in the red; Flattening out;
TITAN WIPRO gave small profits since our last Alert;
WIPRO should have been out at 419.50;
Hold HINDUNILVR>437 TITAN>243 if in;
Watch ALBK>172 ARVIND>88 now if upsurge comes;
Be sure and certain before taking position;
All for LONG.

NIFTY around 5155; Went down and touched 5145;
Negative bias arrested; This is still very uncertain market;
Best to Wait & Watch; And do not take any undue risk;
NIFTY first Support is at 5150; More Support is at 5110;
NIFTY first Resistance is at 5190; More is at 5220;
Asian markets are mixed; Japan and China both are green;
Our market likely to trade range-bound for some more time;
Europe expected to open lower; Markets wait for US jobs data;
Trade pattern uncertain as of now; More downside possible;
Maintain strict Stop-Loss if entering any scrip;
Take small small profits; Repeat many times.

 

ALERT-3: 12:30pm

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

NIFTY around 5125 now; Went down and touched 5120 a while ago;
Support of 5200-5180 and 5150 have been broken convincingly;
NIFTY Support of 5110 being tested now; Holding now;
Does not look like it will hold for the day; Next Support
is way down at 5070; NIFTY first Resistance is still at 5220;
Asian markets are mixed; European markets are opening down;
Negative trend in our market likely to continue now;
Best to Wait & Watch and 'Stay Away' till market settles;
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;
No Suggest gave profits in LONG since our last Alert;
No Suggest looks good for LONG now in falling market;
All Suggests can fire if market turns and upsurge comes;
Maintain strict StopLoss if taking or holding any position;
All for LONG.

NIFTY around 5075 now; Coming down steadily from 5175;
All Interim Support levels have been broken; Next is 5070;
NIFTY first Resistance is now at 5160; More is at 5180;
European markets are opening in the red and trading down;
Deep negative closing with NIFTY below 5100 in the offing;
Best not to take any fresh position and Stay Away now;
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
79 81 87 88 91 94 96

Suggest-1:

ARVIND

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
416 419 429 432 437 442 445

Suggest-2:

HINDUNILVR

Approx. 1st Entry Point: Rs. (Time) 434 (1336)
Approx. 1st Exit Point: Rs. (Time) 436.50 (1426)
Avg. No. of Shares Traded: 130
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 320

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
238 240 244 246 248 250 252

Suggest-3:

TITAN

Approx. 1st Entry Point: Rs. (Time) 242 (1028)
Approx. 1st Exit Point: Rs. (Time) 244 (1158)
Approx. 2nd Entry Point: Rs. (Time) 239 (1455)
Approx. 2nd Exit Point: Rs. (Time) 242 (1513)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 5 (2+3)
Approx. Profit Today: Rs. 1200

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
163 166 169 171 173 175 177

Also See-1:

ALBK

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
177 179 183 185 187 189 192

Also See-2:

PANTALOONR

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
397 400 408 411 415 418 422

Also See-3:

WIPRO

Approx. 1st Entry Point: Rs. (Time) 419 (0930)
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