IntradayTrade dot Net
Performance Results

Friday, 11-May-2012

  • Markets ended lower on Friday as the disappointing March Index of Industrial Production (IIP) which contracted by 3.5% raised concerns over economic growth. Also, the possibility of Greece exiting from Euro weighed heavily. There was, however, a spark of new hope of another rate cut by RBI in view of bad IIP and if also the inflation comes in weak. This probably was behind the smart pullback the NIFTY had later in the day, to close with minor losses.
  • Although it is too early to say this, but we may be seeing the beginning of the small pullback we spoke about, before going down further. We say this because the FIIs have again been net buyers today, but on an even lower total layout. Overall market trend is very much down and NIFTY-4900 has already been touched today. Further fall is expected.
  • The smart pullback by the NIFTY in the second half gave good opportunities to Intraday Traders waiting patiently to go LONG. Well supported by good Alerts, 4 Suggests of IntradayTrade dot Net gave handsome profits today in LONG. Unlike in the last few days, these profits were not very difficult to get. Also very important: our Alerts did not take any member to a loss position, a situation very much possible when the market is falling.

 

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:

 

CAIRN

 

HEXAWARE

 

TITAN

 

ALSO SEE:

HINDUNILVR

IDEA

YESBANK


 

ALERTS for Friday, 11-May-2012

Pre-Market: 9:00am

Flat to gap-down opening and defensive trading expected today;
Asian markets are down today on JPMorgan's hedging loss and political
turmoil in Europe; April trade from China is awaited; Japan and China
are on a recovery right now, in the green; US and Europe were doing
OK until JPMorgan spoiled the party; Most have closed in the green;
At home, GAAR continues to trouble FIIs but some buying has been seen;
Industrial output data for the month of March will be released today;
Expected to come in lower compared to Feb; This has potential to drag
our market down; The Rupee is still down, RBI action not working;
Q4 Results today: Essar Oil, MTNL, Balaji Telefilms and others;
INR-US$ is at 53.1500; WTI Crude is at $96.19;

NIFTY Resistance levels remain at: 4985, 5030, 5050, 5080;
NIFTY Support levels are also at: 4950, 4920, 4880, 4850;

Today's near-term trend is down; Mid-term is also down;
NIFTY below 4900 levels likely to be tested today;
Global signals are not healthy, and if IIP data disappoints
we may see big downfall; However, some consolidation and
recovery also expected; Depends on global cues and FII comeback;
Air India Pilots' strike and KingFisher add to our troubles;
For Intraday: Be careful; Market expected to fall further down;
Still a 'No-Trade' market; Still not fit for Intraday Trading;
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

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

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
CAIRN 319 315 325 329 180
HINDUNILVR 434 432 441 445 140

Watch HEXAWARE>119 and YESBANK>325 if upsurge comes;
All for LONG;

NIFTY around 4930 now; Opened around 4950; Going down;
NIFTY first Support is at 4920; More Support is at 4880;
NIFTY first Resistance is at 4970; More is at 4985;
Asian markets are deep red; World markets have negative bias;
Our market has no basis for positive trend to come in now;
Be careful in LONG; Wait for direction change can come;
Best to 'Stay Away' if not sure; Do not take unnecessary risk;
Maintain proper Stop-Loss if entering any scrip.

 

ALERT-2: 11:00am

Market flat in the red now; Trading choppy; Going down;
No Suggest gave profits since our last Alert;
See HINDUNILVR>434 YESBANK>325 now if upsurge comes;
Watch HEXAWARE>119 TITAN>244 if market turns up;
Be sure and certain before taking any position;
All for LONG.

NIFTY around 4920 now; Coming down from 4950 after opening;
Negative bias has developed; Market lacks strength to go up;
Still very uncertain market; Do not take any undue risk;
NIFTY first Support of 4920 being tested now; Next is at 4880;
NIFTY first Resistance is at 4970; More is at 4985;
Asian markets are deep red; World markets have negative bias;
Europe is expected to open mixed on Eurozone worries;
Our IIP figures expected to come out weak compared to last month;
All this capable of dragging our market further down;
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: 12:30pm

NIFTY deep in the red; Going choppy and flat;
CAIRN gave profits in LONG since the last Alert;
CAIRN should have been in at 320, out at 326;
None look good for LONG now; These are stuck:
HEXAWARE(119) TITAN(242) HINDUNILVR(432)
All can fire if market turns and upsurge comes;
All for LONG.

NIFTY still around 4920 now; Trading between 4900-4930;
NIFTY first Support is still at 4920; More is at 4880;
NIFTY first Resistance is at 4950; More is at 4970;
Asian markets are red; Europe is opening in the red;
IIP figures have disappointed big time; Market now
looking for another RBI rate cut; Very uncertain times;
Selling pressure in our market can come back again;
Be sure and certain if entering any trade in LONG;
Maintain proper StopLoss; Take small profit and exit;
Repeat if possible; Do not risk profits already made.

 

ALERT-4: 2:30pm

NIFTY has made a smart 60-point recovery; On the line now;
TITAN IDEA YESBANK gave profits in LONG since our last Alert;
TITAN in at 243, out at 248; IDEA in at 81, out at 82.75;
YESBANK in at 326, out at 335; All Suggests looks good for
LONG now; Look at: CAIRN>320 HEXAWARE>119 IDEA>82.50
YESBANK>334 if surge comes; Maintain strict StopLoss if
taking or holding any scrip; All for LONG.

NIFTY around 4960 now; Coming up from a low of 4910;
Supports of 4920-4910 has not been broken; Should hold for the
day; Resistance of 4950 broken; Next at 4970 being tested now;
Asian markets have closed red; Europe is also red;
Selling pressure in our market can come back suddenly;
Be sure and certain if taking any position in last hour;
Maintain proper StopLoss; Today also we will close flat;
Do not risk profits already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
301 305 315 319 324 329 333

Suggest-1:

CAIRN

Approx. 1st Entry Point: Rs. (Time) 320 (1205)
Approx. 1st Exit Point: Rs. (Time) 326 (1219)
Avg. No. of Shares Traded: 180
Approx. Profit per Share: Rs. 6
Approx. Profit Today: Rs. 1080

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
107 110 116 119 123 126 129

Suggest-2:

HEXAWARE

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
239 241 244 246 247 249 251

Suggest-3:

TITAN

Approx. 1st Entry Point: Rs. (Time) 243 (1325)
Approx. 1st Exit Point: Rs. (Time) 248 (1413)
Avg. No. of Shares Traded: 240
Approx. Profit per Share: Rs. 5
Approx. Profit Today: Rs. 1200

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
423 427 432 436 439 441 445

Also See-1:

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
78.10 78.60 79.80 80.30 80.90 81.50 82.00

Also See-2:

IDEA

Approx. 1st Entry Point: Rs. (Time) 81 (1346)
Approx. 1st Exit Point: Rs. (Time) 82.75 (1403)
Avg. No. of Shares Traded: 740
Approx. Profit per Share: Rs. 1.75
Approx. Profit Today: Rs. 1290

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
313 316 323 326 329 332 335

Also See-3:

YESBANK

Approx. 1st Entry Point: Rs. (Time) 326 (1328)
Approx. 1st Exit Point: Rs. (Time) 335 (1411)
Avg. No. of Shares Traded: 180
Approx. Profit per Share: Rs. 9
Approx. Profit Today: Rs. 1620

 


 

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