IntradayTrade dot Net
Performance Results

Wednesday, 09-May-2012

  • FII investment has not returned. Even today they were heavy net sellers. See our 'Market Statistics' page to see how much they have pulled out since the GAAR issue came into focus right after the Budget. NIFTY-5000 mark was breached today and Support of 4950-4920 will now be attacked. Near-term trend is negative.
  • We still feel that a turn around will come shortly that will take the NIFTY to 5150-5200 before we sink again. The NIFTY daily chart pattern is also saying something like this.
  • The day was volatile and markets are turning defensive. In all this, there were some opportunities for the Intraday Trader but the range was very small. 2 of the Suggests of IntradayTrade dot Net managed to give some profits today in LONG, following our Alerts. Again, like yesterday, these profits were difficult to get, but HINDALCO was manageable. The way the market is shaping up, such difficult days are likely to continue this week.

 

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:

 

AMBUJACEM

 

BHARTIARTL

 

HINDALCO

 

ALSO SEE:

AUROPHARMA

IVRCLINFRA

POWERGRID


 

ALERTS for Wednesday, 09-May-2012

Pre-Market: 9:00am

Gap-down to Flat opening and uncertain trading expected today;
Asian markets are red today due to Greece election concerns;
US and Europe closed red on Europe election and economic issues;
Back home, clarification on GAAR did not bring back FII investment;
Dismal global cues will weigh heavy in our markets in first half;
Q4 Results today: ARVIND, RANBAXY, PNB, UNIONBANK and others;
INR-US$ is at 53.1400; WTI Crude is at $97.11;

NIFTY Resistance levels today: 5030, 5050, 5080, 5110, 5140;
NIFTY Support levels are at: 4980, 4950, 4920, 4880, 4850;

Today's near-term trend is down; Whole world is in a sell-off;
Below NIFTY-4950 levels are likely to be touched today;
However, we will most likely see some recovery in the second half;
Particularly if global trends turn positive; And FIIs come back;
For Intraday: Be cautious; Market still not conducive to Intraday
trading today also; Still a 'No-Trade'market; A positive swing
might happen later in the day; Best to Wait & Watch; And 'Stay Away'
if in doubt; Do not take big risks even if you follow our Alerts;
Maintain strict StopLoss; Take small profits and exit; Repeat.

 

ALERT-1: 10:00am

Slight Gap-down opening for the NIFTY; Going flat 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
AMBUJACEM 143 141 146 148 410
HINDALCO 115 113 118 120 510

Watch BHARTIARTL>311 and POWERGRID>105 if upsurge comes;
All for LONG;

NIFTY around 4970 now; Opened around same level; Going flat;
NIFTY first Support is at 4950; More Support is at 4920;
NIFTY first Resistance is at 5000; More is at 5030;
Asian markets are in red; Whole world is in the red;
Our market likely to continue range-bound trading now;
This is still a no-trade market; Avoid taking any position
if not sure; Best to Stay Away if not sure; Change in any
direction possible; Do not take unnecessary risk;
Maintain proper Stop-Loss if entering any scrip.

 

ALERT-2: 12noon

Market fluctuating near the line; In the green now;
AMBUJACEM gave small profits since our last Alert;
AMBUJACEM should have been in at 144 and out at 146;
HINDALCO should have been in at 116 and out at 119;
If BHARTIARTL in at 312, Hold BHARTIARTL>312, StopLoss 310;
If POWERGRID in at 105.50, Hold POWERGRID>106, StopLoss 105;
Watch AMBUJACEM>146 HINDALCO>119 IVRCLINFRA>58
if upsurge comes; Be sure and certain before taking
any position; All for LONG.

NIFTY around 5000 now; Coming up from 4965 after opening;
Slight Positive bias had developed; Lacked strength to go further;
Still very uncertain market; Do not take any undue risk;
NIFTY first Support is at 4950; More Support is at 4920;
NIFTY first Resistance is at 5030; More is at 5080;
Asian markets are all in red; But Europe is expected to
open good and trade good; Our markets should rise if
that happens; Trade pattern still uncertain as of now;
Maintain strict Stop-Loss if entering/holding any scrip;
Take small small profits; Repeat many times.

 

ALERT-3: 2:30pm

NIFTY back deep in the red; Recovery did not hold;
HINDALCO gave further profits in LONG since our last Alert;
HINDALCO in at 120, out at 121; More profits if you had
held on from last time; BHARTIARTL & POWERGRID marginal;
AMBUJACEM stuck at 146; All Suggests can fire if surge comes;
Maintain strict StopLoss if taking or holding any position;
All for LONG.

NIFTY around 4970 now; Went down steadily to 4960 from 5010;
NIFTY first Support is still at 4950; More Support is at 4920;
NIFTY first Resistance is now at 5010; More is at 5030;
Asian markets have closed in the red; Europe is in red now,
but expected to make up somewhat later; 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
136 139 141 144 145 146 150

Suggest-1:

AMBUJACEM

Approx. 1st Entry Point: Rs. (Time) 144 (1046)
Approx. 1st Exit Point: Rs. (Time) 146 (1142)
Avg. No. of Shares Traded: 410
Approx. Profit per Share: Rs. 2
Approx. Profit Today: Rs. 820

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
305 309 311 315 316 317 321

Suggest-2:

BHARTIARTL

Approx. 1st Entry Point: Rs. (Time) 312 (1055)
Approx. 1st Exit Point: Rs. (Time)
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. MARGINAL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
109 111 116 118 120 122 124

Suggest-3:

HINDALCO

Approx. 1st Entry Point: Rs. (Time) 116 (1045)
Approx. 1st Exit Point: Rs. (Time) 119 (1133)
Approx. 2nd Entry Point: Rs. (Time) 120 (1308)
Approx. 2nd Exit Point: Rs. (Time) 121 (1313)
Avg. No. of Shares Traded: 500
Approx. Profit per Share: Rs. 4 (3+1)
Approx. Profit Today: Rs. 2000

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
115 118 120 123 124 125 128

Also See-1:

AUROPHARMA

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
53 54 56 57 59 60 61

Also See-2:

IVRCLINFRA

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
102 103 104 105 106 107 108

Also See-3:

POWERGRID

Approx. 1st Entry Point: Rs. (Time) 105.50 (1144)
Approx. 1st Exit Point: Rs. (Time) 106.25 (1154)
Avg. No. of Shares Traded: 560
Approx. Profit per Share: Rs. 0.75
Approx. Profit Today: Rs. 420

 


 

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