IntradayTrade dot Net
Performance Results

Wednesday, 29-Aug-2012


 

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:

 

ITC

 

MTNL

 

POWERGRID

 

ALSO SEE:

BHARTIARTL

HINDUNILVR

PETRONET


 

ALERTS for Wednesday, 29-Aug-2012

Pre-Market: 9:00am

Flat opening and cautious trading expected today also in our market;
The NIFTY ended in red for the third straight day on Tuesday after
profit booking kept the market within a tight range; Bad cues from
Europe helped; Overnight, US stocks ended flat on mixed consumer
data; Fears of a slowdown in the world's largest economy have come
back; Asian shares are trading mixed today ahead of the conference
of central bankers in Jackson Hole, Wyoming and a European Central
Bank policy meeting next week; Investors around the world are looking
at these for further stimulus measures to boost growth; At home,
the 50-share NIFTY is expected to open soft with a negative bias
and will test its crucial psychological level of 5300 tracking
mixed Asian markets; For the rest of the day, markets will remain
volatile ahead of Thursday's F&O Expiry; Then we will have the Q1
June 2012 GDP data on Friday; Near-term bias is still negative;
INR-US$ is at 55.6700; WTI Crude is at $95.54;

NIFTY Resistance levels today are: 5350, 5370, 5390, 5440, 5470;
NIFTY Support levels are at: 5315, 5290, 5260, 5220, 5200;

Market sentiments are down today and experts still feel that our
market will touch 5260 in the near-term based on bad global cues;
We think we will have a slight gap-up to a flat opening and flat
range-bound trading after that but with a negative bias like in
the last few days; One more down day then the market will recover;
The upturn can start today itself if Europe supports; Turbulence
is expected till Expiry; For Intraday: one more difficult day to
trade Intraday due to choppiness and uncertainty; Be patient and
wait for your chances; Follow same strategy: Play quick & play
smart; Stay Away if in doubt; Do not take big risks; Do not
follow our Alerts blindly; Consider all angles before you
actually commit your money; Take small, small profits
and exit; Repeat, if possible.

 

ALERT-1: 10:00am

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

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
POWERGRID 122.50 121 125 126 480
PETRONET 154 152.50 157 159 380

Also watch ITC>268 and MTNL>42 if market goes up;
Take position in above scrips only if you are absolutely confident;
Stay Away if not sure; All for LONG;

NIFTY around 5320 now; Opened above 5340; Going choppy with
no definite bias; First Resistance is at 5330-5350; Next Resistance
is at 5370; First Support is now at 5315; More Support is at 5290;
It is expected that the NIFTY will continue to trade choppy and
range-bound for some time; Asian markets are mostly in the green;
Wait and Watch and do not take any big risk; Stay Away if in doubt;
Be cautious & careful; Maintain strict StopLoss if entering;
Take small profit and exit; Repeat.

 

ALERT-2: 11:00am

Market flat just below the line; Going choppy and uncertain;
No Suggests gave any profits in LONG since our last Alert;
MTNL should have been in at 42.50; Hold MTNL>42.50
if in with StopLoss of 41; HINDUNILVR should have
been in at 522; Hold HINDUNILVR>523 if in with
StopLoss at 520; Watch ITC>268 PETRONET>154 now; Old
levels are still valid for these; Also see POWERGRID>122;
All Suggests good if upsurge comes with volume; Be careful
in such uncertain market; Be sure and certain when taking
position; And get out at first hint of downfall with marginal
profits; All for LONG.

NIFTY around 5325 at this time; Going Flat and choppy in the
5315-5330 region; No trend is seen developing as of now;
First Resistance is still at 5330-5350; Next Resistance
is at 5370; First Support is now at 5315; More Support is at
5290; It is expected that the NIFTY will continue to trade
choppy and range-bound for some time; Asian markets are
mostly in the green at this time; Our market not suitable
for Intraday Trading at this time; Wait and Watch;
Stay Away if not certain about your action;
Keep strict StopLoss if entering; Avoid taking big risks;
Take small small profits; Repeat, if possible.

 

ALERT-3: 12:30pm

NIFTY deep in the red; Taken a small fall; Trading quiet;
No Suggest gave any profit in LONG since our last Alert;
ITC has been Marginal if you got in at 269; No Suggest
looks good for LONG now; All are Stuck; All good if
upsurge comes with good volume; Look at these levels:
MTNL-42.50 POWERGRID-121.50 BHARTIARTL-248
HINDUNILVR-523 PETRONET-154.50 Release with marginal
profits at first hint of downside; Maintain strict StopLoss
if entering any trade; All for LONG.

NIFTY around 5310; Went down and almost touched 5300 from
about 5325 since our last Alert; There is a slight but
definite negative bias now; Profit booking likely to become
stronger in the absence of any positive cues; Support of
5315 has been breached; NIFTY now approaching next Support
of 5290; This should hold for some time; More downside
likely if Europe goes bad; Europe is expected to open mixed
but mainly in the red on renewed Spain worries; Any other
wrong news now will also drag our markets lower with more
profit booking; Turnaround possible only if Europe turns
around or we get encouraging news from New Delhi; Maintain
strict StopLoss if holding or entering any trade; Stay Away
if you are not certain; If you get opportunity, take small
profits and exit; Repeat, if possible.

 

ALERT-4: 2:30pm

NIFTY deep in the red; Choppy and negative in bias; Expected
positive upsurge did not come, negative fall came instead;
MTNL gave slight profit in LONG since our last Alert;
MTNL should have been out at 43.25; No Suggest looks good
for LONG now; All can come good if upsurge comes with good
volume in last hour; Be careful before taking any fresh
position now; Release with minimal profits at first
indication of fall; Maintain strict StopLoss.

NIFTY around 5290 now; Trading with negative bias;
NIFTY has touched 5290 and that Support level has managed
to hold strong; It is still under threat; Should hold for
the day; Next Support below that is at 5260; Resistance
is at 5330; Asian markets are closing mostly in the red;
Europe has opened red and is mostly trading negative now;
Slim chances of our market recovering and going positive
in the last hour; Holding NIFTY-5290 on closing basis
is the target for the day; Be watchful and absolutely
sure if taking position in last hour; Do not risk
profits already made; Take small profits and exit;
Today we will close red.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
264 265 267 268 269 270 271

Suggest-1:

ITC

Approx. 1st Entry Point: Rs. (Time) 269 (1111)
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
35 37 40 42 43 45 46

Suggest-2:

MTNL

Approx. 1st Entry Point: Rs. (Time) 42.50 (1051)
Approx. 1st Exit Point: Rs. (Time) 43.50 (1441)
Avg. No. of Shares Traded: 1410
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 1410

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
115 117 120 121 123 125 126

Suggest-3:

POWERGRID

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
240 243 245 247 248 249 252

Also See-1:

BHARTIARTL

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
515 517 522 524 526 528 530

Also See-2:

HINDUNILVR

Approx. 1st Entry Point: Rs. (Time) 522 (1023)
Approx. 1st Exit Point: Rs. (Time) 524.50 (1251)
Avg. No. of Shares Traded: 110
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 270

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
144 146 151 152 155 157 159

Also See-3:

PETRONET

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

 


 

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