IntradayTrade dot Net
Performance Results

Wednesday, 08-May-2013


 

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:

 

IDFC

 

RECLTD

 

TATASTEEL

 

ALSO SEE:

BHEL

CENTURYTEX

VOLTAS


 

ALERTS for Wednesday, 08-May-2013

SMS Pre-Market

Suggests: IDFC RECLTD TATASTEEL;
Also See: BHEL CENTURYTEX VOLTAS;
Valid for date: 08-May-2013; All for LONG;
See site for full Details -Intradaytrade.net

 

Pre-Market: 9:00am

Gap-up opening is expected today also, tracking good
global cues; Yesterday the Indian markets closed at
three month high with Nifty reclaiming 6000 mark on
sustained buying by FII's in Banking, Auto, Realty
and FMCG sector stocks; Overnight, the Dow closed
above 15,000 for the first time and the S&P 500
ended at another record high; Investor sentiment
was buoyed early in the day by data from Germany,
Europe's largest economy, which reported a 2.2%
increase in industrial orders in March, compared
with expectations for a drop of 0.5%; Asian shares
edged higher today morning tracking strong gains in
US markets; Japanese stocks were likely to be the
region's out-performer, eyeing to test a fresh five-
year high - it is up more than 1.35% now; At home,
Domestic cues will take centre-stage today with the
markets reacting to the outcome of the Karnataka
Assembly polls, seen by experts as a run-up to the
general elections scheduled for 2014. Supreme Court
of India's observations regarding the coal scam will
also impact sentiment; HDFC, Ranbaxy, and others will
announce their respective March quarter results today;
INR-US$ is at 54.2950; WTI Crude is at $95.70;

NIFTY Resistance levels today are: 6045, 6070, 6100, 6120, 6160;
NIFTY Support levels are at: 6020, 6000, 5970, 5940, 5900;

Slight Gap-up opening and cautious, low volume trading
is expected today morning by our team; Experts believe
that tracking the high momentum, it is possible that
Nifty may well break past all its resistance walls and
achieve its next target of 6100 in the coming few days;
While we agree, we feel that 6070 may act as a strong
short-term resistance for the Nifty before 6100; This
6100-level has also triggered many profit-bookings
bouts in the past; For Intraday Trade today: We will
most probably see quiet and steady trading in a range
today morning; Overall positive trend will be there
throughout the day; Second half might see some quick
change; Be stock specific; Wait for a proper chance;
Be quick to take action when you get a good chance;
Study all technical data before you commit your
money; Do not follow our Alerts blindly; Do not
take big risks; Take small profits and exit;
Repeat, if possible; Stay Away if not sure.

 


 

SMS-1

08May(10:00) Gap-up openng; Going Flat;
See IDFC>155.50 RECLTD>236;
Watch BHEL>196.50 CENTURYTEX>316;
All for LONG; Details at site -INTDAY

 

ALERT-1: 10:00am

Slight Gap-up opening for the NIFTY; Going choppy and
flat in the green; See these, if the market goes up now:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
IDFC 155.50 153.50 157 158 380
RECLTD 236 232 238 240 250

Also watch BHEL>196.50 and CENTURYTEX>316 if upsurge
comes; Take position in above scrips only if you are
absolutely confident; Stay Away if not sure; All for LONG.

NIFTY around 6060 now; Opened around same; Has
been in the 6050-6070 range since opening; There is
no trend developing as yet; This 6070 is a good First
Resistance and needs to be crossed confidently for
more sustained upside; Next Resistance is at 6100;
First Support is at 6030; Next Support will be at
6010; For Intraday Trading in LONG today: Quiet and
low-volume trading within a range expected in the first
2-hours today; Karnataka poll results likely to have
some influence in the markets; Look at specific stocks;
Do not take position unless you are absolutely sure;
Be quick to take action when you get a chance; Then,
get out with minimum profits; Repeat, if possible;
Remember, market can change direction very quickly;
On the downside, Exit quickly on any signal of fall;
Do not wait for StopLoss; Stay Away if in doubt.

 


 

SMS-2

08May(11:00) Mkt +ve & flat; No Suggest gave profit;
No Suggest good for LONG now; All can give profits
from present levels if mkt turns up; See Site -INTDAY

 

ALERT-2: 11:00am

NIFTY has remained in the tight 6050-6070 range
since the last Update; No Suggest could give any
profits in LONG as per the levels given in the last
Alert; No Suggest looks good for LONG now; All can
give profits if market turns up and upsurge comes with
volumes; Look at these levels: IDFC-156 RECLTD-233
BHEL-155.50 CENTURYTEX-317 VOLTAS-90.50; Wait
for proper chance; Exit with minimum profits if
you are entering now; Stay Away if not sure.

NIFTY around 6050 now; In the green; The range of
6050-6070 has been maintained since opening today;
First Resistance is still at 6070; Next Resistance
is at 6100; First Support is still at 6030; Next
Support will be at 6010; For Intraday Trading in
LONG now: A small negative trend is seen to be
developing now; BJP is likely to lose Karnataka;
Negative trend may get stronger if that happens;
No sudden moves are expected; Be alert; Be quick;
Be choosy and stock specific; Take small
profits and Exit; Repeat, if possible;
Stay Away if not confident.

 


 

SMS-3

08May(12:30) Mkt on the line; Recovering; No Suggest
gave profit; All can give profits from present level
if mkt turns up; Await Europe openng; See Site -INTDAY

 

ALERT-3: 12:30pm

NIFTY had gone into the red after our last Alert;
Recovering now; No Suggest could give any profits in
LONG as per the levels given in the last Alert; All Suggest
looks good for LONG now if recovery can sustain and if
market turns up and upsurge comes with volumes; Look at
these levels: RECLTD-232 TATASTEEL-320 BHEL-195.50
CENTURYTEX-315 VOLTAS-90; Get in only if you are sure
and confident; Otherwise, Stay Away.

NIFTY had taken a fall from 6050 levels after our last
Alert and touched a low of 6025; Back around the line
now and recovering; BJP's loss in Karnataka taking its
toll in the market; But it is stability over uncertainty and
the market is coming back; First Support of 6030 has
acted firm and prevented the NIFTY from going below
6025; First Support is still active at 6030; Next
Support is at 6010; First Resistance is still at 6070;
Next Resistance is at 6100; Asian markets are closing
mostly green; Europe is expected to open mostly in the
green; For Intraday Trading in LONG now: NIFTY likely
to recover more and get into the green; But it will
be difficult for the NIFTY to go past 6070 without some
extra inputs; Good global cues might help; Be alert
and be choosy; Be stock specific; Keep constant
vigil if you are entering now; Exit with small
profits; Stay Away, if in doubt.

 


 

SMS-4

08May(2:30) Mkt in green; Flat; CENTURYTEX gave profit;
RECLTD>232 TATASTEEL>321 CENTURYTEX>317 good for
LONG if upsurge comes in last hour; See Site -INTDAY

 

ALERT-4: 2:30pm

NIFTY has regained positive space and has again become
choppy and range-bound since the last Update; CENTURYTEX
has given small profits in LONG based on the last levels;
CENTURYTEX should have been in at 315 and out at 317.50;
RECLTD>232 TATASTEEL>321 CENTURYTEX>317 look
good for LONG now if upsurge comes again in last
hour; Careful.. Stay Away if not sure.

NIFTY around 6060 now; Has come up from 6025 and
touched a high of 6065; Has gone into a range between
6045-6065 since the last Update; As we had mentioned
before, 6070 has become a strong Resistance and could
not be crossed by the NIFTY after several attempts;
It is still holding and likely to hold for the day; Next
Resistance is at 6100; Similarly, 6040 is strong Support
and is still active; Likely to hold for the day; Next
Support is at 6010; Asian markets are closing mostly
green; Europe is also mostly green but they are going
flat around the line; Our market is in the green and is
expected to hold position till closing today; There is a
slim chance that we will see a smart upmove to close
around 6070 today; Do not take any big risks in the
last hour; Do not risk profits already made;
Today we will close green.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
148 149 152 154 155 157 158

Suggest-1:

IDFC

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
215 218 227 231 236 240 244

Suggest-2:

RECLTD

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
316 318 322 324 327 329 331

Suggest-3:

TATASTEEL

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
192 193 195 196 197 199 200

Also See-1:

BHEL

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
294 299 310 314 320 325 329

Also See-2:

CENTURYTEX

Approx. 1st Entry Point: Rs. (Time) 315 (1249)
Approx. 1st Exit Point: Rs. (Time) 317.50 (1252)
Avg. No. of Shares Traded: 190
Approx. Profit per Share: Rs. 2.50
Approx. Profit Today: Rs. 470

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
84 85 88 89 91 92 93

Also See-3:

VOLTAS

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!/Google/iCharts/The Economic Times.
  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