IntradayTrade dot Net
Performance Results

Monday, 07-May-2012

  • Today also, bad cues from global markets resulted in a big gap-down opening and the NIFTY went to even more dangerous levels of 4980. It looked as if 4950 will actually be breached today. Then came the brilliant pull-back of almost 140-points by the NIFTY in intraday. The much awaited clarification on GAAR and its postponement worked like magic, ably aided by a recovering Europe and the recovery of the Rupee with RBI's intervention. The momentum is strongly upwards right now and should carry forward tomorrow.
  • Expert prediction that NIFTY-5000 in closing will not be breached has held true. And we are optimistic that a new bottom has been made and these levels will hold because of one very important observation: the FIIs did not participate at all in today's rally. Look at our Market Statistics page — the GAAR clarification was supposed to ease FII sentiments, but they did not come back today. This was all in anticipation! But come back they will. And then our market should go up higher.
  • Today is a great example of the difference in market reading between the positional and intraday trader: for the positional trader today was nothing great with only a 27-point increase after more than 150-point fall in the last two days. But the intraday trader had a great day today because of the huge rise for the NIFTY from deep in the red.
  • The 140+ points upsurge of the NIFTY paid good dividends for the Suggests of IntradayTrade dot Net in LONG today, following our Alerts and PricePoints. 4 of them gave good results that were more or less easy to get. Tomorrow should also be good.

 

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:

 

CIPLA

 

HINDUNILVR

 

TITAN

 

ALSO SEE:

ALBK

EXIDEIND

PETRONET


 

ALERTS for Monday, 07-May-2012

Pre-Market: 9:00am

Big Gap-down opening and uncertain, choppy trading expected today;
Asian markets are down big today after disappointing jobs data
from US and the election of France's first Socialist president
in nearly two decades, Francois Hollande, that can shake up European
politics; Weak jobs data downed the NASDAQ by 2.25% on Friday, pulling
down Europe as well; Back home, Rupee's depreciation remains a worry;
Govt is to debate the Finance Bill on May 7-8 in the Lok Sabha
which includes tax proposals and GAAR; Any negatives on indirect
transfer rules will have negative results on the market; Estimates
say FIIs have at least $10bn worth investments either withdrawn or
deferred by the P-note holders in our market since late March;
Q4 Results today: HDFC, Andhra Bank, BOI, Rolta, Welcorp, etc;
INR-US$ is at 53.4700; WTI Crude is at $98.59;

NIFTY Resistance levels today: 5100, 5130, 5160, 5190, 5230;
NIFTY Support levels are at: 5050, 5020, 5000, 4980, 4950;

Today's near-term trend is down again as per expert opinion;
Market may fall below 4950 levels today it is feared;
The downward trend may reverse if global cues turn positive;
This is not expected and a positive change looks remote;
For Intraday: Be cautious; Market can turn strongly both ways;
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

Big Gap-down opening for the NIFTY; Going flat now in the red;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CIPLA 330 326 336 340 180
TITAN 237 233 241 245 250

Watch HINDUNILVR>431 and PETRONET>132 if upsurge comes;
All for LONG;

NIFTY around 5000 now; Opened around same level; Going flat;
Trading now in the 4990-5015 range since opening;
NIFTY first Support is at 4980; More Support is at 4950;
NIFTY first Resistance is at 5050; More is at 5080;
Asian markets are badly down; Japan Taiwan Hongkong
almost 2.5% down; European elections adding to pressure;
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;
This is essentially a no-trade market...

 

ALERT-2: 11:00am

Market choppy and deep in the red; Going very Flat;
TITAN gave small profits since our last Alert;
TITAN should have been in at 238 and out at 243;
Hold PETRONET>132.50 if in; StopLoss at 130;
Watch ALBK>158 now if upsurge comes;
Be sure and certain before taking position;
All for LONG.

NIFTY around 5000 again; Went up to 5020 from a low of 4990;
Positive bias lacked strength; This is still very uncertain market;
Best to Wait & Watch; And do not take any undue risk;
NIFTY first Support is still at 4980; More Support is at 4950;
NIFTY first Resistance is still at 5050; More is at 5080;
Asian markets are still badly down; Most more than 2% down;
Our market likely to trade range-bound for some more time;
Europe expected to open lower; Election results play foul;
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: 12:45pm

NIFTY still deep in the red; Going choppy and flat;
Only PETRONET gave profits in LONG since the last Alert;
Hold PETRONET>134 if in; StopLoss set at 132;
EXIDEIND>123 HINDUNILVR>430 looks good for LONG at this time;
All Suggest can fire if market turns and upsurge comes;
All for LONG.

NIFTY around 5010 now; Went down and touched 4988 a while ago;
Still trading in a band; No strength to break out;
NIFTY first Support is still at 4980; More Support is at 4950;
NIFTY first Resistance is still at 5050; More is at 5080;
Asia is deep in the red; Europe is opening in the red;
Selling pressure 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;
Do not risk profits already made.

 

ALERT-4: 2:30pm

NIFTY still in the red; Recovered a lot; Near the line now;
Trading with positive bias; EXIDEIND PETRONET TITAN
gave profits in LONG since our last Alert; EXIDEIND
in at 124, out at 126; PETRONET out at 136.50; TITAN
in at 243, out at 250; ALBK>159 good for LONG now if
surge holds; All Suggests can fire if surge holds;
Maintain strict StopLoss if taking or holding any position;
All for LONG.

NIFTY around 5070 now; Went up steadily to 5080 from 4990;
Got stuck in the 5050-5080 band; Lost some momentum on rise;
GAAR deferred by a year and some ammendments announced;
The Rupee has stabilised a bit; These are helping our market;
NIFTY first Support is now at 5020; More Support is at 5000;
NIFTY first Resistance is now at 5080; More is at 5100;
Asia is deep in the red; Europe is opening in the red;
But our market breakout has lost some steam; More upside
still possible; Positive closing very much on the cards;
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
312 316 323 326 330 333 337

Suggest-1:

CIPLA

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
426 429 433 435 438 440 442

Suggest-2:

HINDUNILVR

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
223 229 233 240 242 244 250

Suggest-3:

TITAN

Approx. 1st Entry Point: Rs. (Time) 238 (1020)
Approx. 1st Exit Point: Rs. (Time) 243 (1025)
Approx. 2nd Entry Point: Rs. (Time) 243 (1420)
Approx. 2nd Exit Point: Rs. (Time) 250 (1425)
Avg. No. of Shares Traded: 250
Approx. Profit per Share: Rs. 12 (5+7)
Approx. Profit Today: Rs. 3000

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
163 165 167 169 170 171 174

Also See-1:

ALBK

Approx. 1st Entry Point: Rs. (Time) 160 (1420)
Approx. 1st Exit Point: Rs. (Time) 164 (1507)
Avg. No. of Shares Traded: 370
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 1480

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
117 119 122 123 125 127 128

Also See-2:

EXIDEIND

Approx. 1st Entry Point: Rs. (Time) 124 (1316)
Approx. 1st Exit Point: Rs. (Time) 126 (1328)
Avg. No. of Shares Traded: 480
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 960

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
122 124 130 132 134 137 139

Also See-3:

PETRONET

Approx. 1st Entry Point: Rs. (Time) 132.50 (1048)
Approx. 1st Exit Point: Rs. (Time) 136.50 (1353)
Avg. No. of Shares Traded: 450
Approx. Profit per Share: Rs. 4
Approx. Profit Today: Rs. 1800

 


 

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