IntradayTrade dot Net
Performance Results

Tuesday, 08-May-2012

  • Let it suffice to say that the FIIs did not return. The market realised this, and sank. Yesterday's relief rally was in anticipation, as was reported in this column, and got wiped out today. However, we strongly feel that a turn around will come and take the NIFTY to 5150-5200 before we sink again back to 4950-4920. As per NIFTY daily charts, a fall till 4765 is possible.
  • Like we said yesterday, expert prediction that NIFTY-5000 in closing will not be breached has held true, just about. And, like yesterday, we are still optimistic that a new bottom has been made and NIFTY-5000 will hold if the FIIs come back, which they haven't done today. Why? We have no idea.
  • The 140-points intraday upsurge of the NIFTY yesterday was nullified by a 114-point fall today. In spite of that, the Suggests of IntradayTrade dot Net managed to give some profits today in LONG, following our Alerts. True, these profits were difficult to get and required immense expertise to actually get them, but like we've said many times before, even if you have managed to make a small fraction of the profits shown here, you've done an excellent job.

 

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:

 

EXIDEIND

 

PETRONET

 

TITAN

 

ALSO SEE:

DENABANK

IDEA

TATASTEEL


 

ALERTS for Tuesday, 08-May-2012

Pre-Market: 9:00am

Flat opening but good and positive trading expected today;
Asian markets are green today reviving from Europe elections;
US and Europe closed mixed on Europe election and economic issues;
Back home, clarification on GAAR and Rupee's price action
have released tremendous energy resulting in great upsurge;
Q4 Results today: Dena Bank, Glenmark, Hindalco and others;
INR-US$ is at 52.9100; WTI Crude is at $97.99;

NIFTY Resistance levels today: 5130, 5150, 5170, 5200, 5230;
NIFTY Support levels are at: 5110, 5070, 5030, 5000, 4980;

Today's mid-term trend is still down notwithstanding yesterday;
NIFTY-4950 levels are feared to be tested again in the mid-term;
In the near-term the upward trend may remain in force today;
Particularly if global trends remain positive; And FIIs come back;
For Intraday: Be cautious; Market can turn strongly both ways
today also; More likely a positive swing will happen;
Best to Wait & Watch; And 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

Flat opening for the NIFTY; Going down now in the red;
Till the next Alert, See if the market turns up:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
EXIDEIND 128 125 132 135 460
PETRONET 143 141 146 149 430

Watch TITAN>250 and DENABANK>90 if upsurge comes;
All for LONG;

NIFTY around 5080 now; Opened around 5110; Going down;
NIFTY first Support is at 5070; More Support is at 5030;
NIFTY first Resistance is at 5110; More is at 5130;
Asian markets, except China and Hongkong, are quite up;
Our market likely to settle down and consolidate before 5000;
Be certain and careful when taking any position in LONG;
Do not take unnecessary risk; 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 down;
No Suggest gave small profits since our last Alert;
Watch PETRONET>143 TITAN>248 DENABANK>90 now if
upsurge comes; Be sure and certain before taking
any position; All for LONG.

NIFTY around 5090 anow; Went down to almost 5060 after opening;
Slight Positive bias developing; Lacks strength; This is still
very uncertain and no-trade market; Do not take any undue risk;
NIFTY first Support of 5070 still active; More Support is at 5030;
NIFTY first Resistance is at 5110; More is at 5130;
Asian markets, except China, are in the green;
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: 12:30pm

NIFTY back in the red; Going choppy; Recovered a lot;
TITAN DENABANK TATASTEEL gave profits in LONG since the last Alert;
TITAN should have been in at 249, Out at 250; DENABANK in
at 90.50, Out at 91.50; TATASTEEL in at 439, Out at 441;
EXIDEIND>128 TATASTEEL>438 looks good for LONG at this time;
All Suggest can fire if market turns and upsurge comes;
All for LONG.

NIFTY around 5080 now; Went up to 5115 from a low of 5060
then down again to 5070; Going choppy now in 5070-5085 range;
NIFTY first Support is now at 5060; More Support is at 5030;
NIFTY first Resistance is still at 5110; More is at 5130;
Asia, except China and Hongkong, have closed in the green;
Europe is expected to open in the red; Selling pressure in
our market likely to continue now; Be sure and certain if
entering any trade in LONG; Maintain proper StopLoss;
Take small profit and exit; Repeat if you get opportunity;
Do not risk profits already made.

 

ALERT-4: 2:30pm

NIFTY deep in the red; Recovery did not hold; Negative bias;
PETRONET gave profits in LONG since our last Alert;
PETRONET in at 144, out at 145; EXIDEIND>128
TITAN>248 good for LONG if surge comes; All Suggests
can fire if surge comes; Maintain strict StopLoss if
taking or holding any position; All for LONG.

NIFTY around 5060 now; Coming down steadily from 5115;
Touched a low of 5045; No momentum to rise;
NIFTY first Support is now at 5030; More Support is at 5000;
NIFTY first Resistance is still at 5110; More is at 5130;
Asia, except China and Hongkong, are closing in the green;
Europe is opening in the red; Selling pressure in our market
likely to continue now; Be sure and certain if taking
any position in last hour; Maintain proper StopLoss;
Do not risk profits already made; Today we will close red.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
119 120 124 125 127 129 130

Suggest-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
124 126 132 134 137 140 142

Suggest-2:

PETRONET

Approx. 1st Entry Point: Rs. (Time) 144 (1347)
Approx. 1st Exit Point: Rs. (Time) 145 (1359)
Avg. No. of Shares Traded: 410
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 410

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
223 228 241 246 252 259 264

Suggest-3:

TITAN

Approx. 1st Entry Point: Rs. (Time) 249 (1109)
Approx. 1st Exit Point: Rs. (Time) 250 (1139)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 240

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
78 80 86 88 91 94 96

Also See-1:

DENABANK

Approx. 1st Entry Point: Rs. (Time) 90.50 (1050)
Approx. 1st Exit Point: Rs. (Time) 91.50 (1204)
Avg. No. of Shares Traded: 660
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 660

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
74 75 79 80 82 84 85

Also See-2:

IDEA

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
409 415 431 438 446 454 460

Also See-3:

TATASTEEL

Approx. 1st Entry Point: Rs. (Time) 439 (1119)
Approx. 1st Exit Point: Rs. (Time) 441 (1139)
Avg. No. of Shares Traded: 130
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 260

 


 

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