Wednesday, 01-Sept-2010

The Indian market closed a strong session of trade with big gains in a surprise rally which happened in late trade and was led by heavyweights. The market had opened gap-up and thereafter, build up on its gains though there was some weakness mid-way. Global markets were supportive throughout. Near-term trend is now uncertain.

Today was an 'abnormal' day for IntradayTrade dot Net in so much as only 2 'Suggests' performed in LONG and both gave the required 500+ profits. There were also no loss recommendation from our Alerts. For the other four 'Suggests' we reported no activity, but there were opportunities for the seasoned player to get 20-30 paise profits quite a few times. Also, there were opportunities to go SHORT in today's market, which we do not report.

SUGGESTS:	BHARTIARTL	POWERGRID	TATASTEEL
ALSO SEE:	EIHAHOTELS	HINDALCO	JSWENERGY

SMS ALERTS

Pre-Market: 8:30am

Gap-up opening expected today
Markets today should have a positive bias
If interested, get to EIHAHOTELS early today also

ALERT-1: 10:20am

See HINDALCO above 168; StopLoss: 165; Targets: 170/174
See AMBUJACEM above 125.50; StopLoss: 124; Targets: 127/130
IVRCLINFRA has performed well so far
Markets opened gap-up as predicted, but going flat at present
Asia trading OK; Europe opening is important; surge expected later

ALERT-2: 12:00noon

Market absolutely flat; Europe is expected to open in green
The surge has to come; We may see a turnaround later
Hold on to HINDALCO, see above 170 if not already in
AMBUJACEM not performing; see IVRCLINFRA again above 158

PP1	PP2	PP3	PP4	PP5	PP6	PP7
70	71	72	73	74	75	76

Suggest-1:
ASHOKLEY

Approx 1st. Entry Point: Rs. — Stay Away —

No. of Shares Traded: —

Approx. Profit per Share: Rs. —

Approx. Profit Today: Rs. NIL

PP1	PP2	PP3	PP4	PP5	PP6	PP7
68	68	70	71	72	73	74

Suggest-2:
IDEA

Approx 1st. Entry Point: Rs. — Stay Away —

No. of Shares Traded: —

Approx. Profit per Share: Rs. —

Approx. Profit Today: Rs. NIL

PP1	PP2	PP3	PP4	PP5	PP6	PP7
155	157	161	162	164	166	168

Suggest-3:
ITC

Approx. 1st. Entry Point: Rs. — Stay Away —

No. of Shares Traded: —

Approx. Profit per Share: Rs. —

Approx. Profit Today: Rs. NIL

PP1	PP2	PP3	PP4	PP5	PP6	PP7
115	117	122	124	127	130	132

Also See-1:
AMBUJACEM

Approx. 1st. Entry Point: Rs. — Stay Away —

No. of Shares Traded: —

Approx. Profit per Share: Rs. —

Approx. Profit Today: Rs. NIL

PP1	PP2	PP3	PP4	PP5	PP6	PP7
157	160	162	165	166	167	169

Also See-2:
HINDALCO

Approx. 1st. Entry Point: Rs. 168

No. of Shares Traded: 350

Approx. Profit per Share: Rs. 6

Approx. Profit Today: Rs. 2100

PP1	PP2	PP3	PP4	PP5	PP6	PP7
148	150	154	156	158	161	162

Also See-3:
IVRCLINFRA

Approx. 1st. Entry Point: Rs. 157.50

No. of Shares Traded: 380

Approx. Profit per Share: Rs. 2 (1+1)

Approx. Profit Today: Rs. 760

Please Note:

Charts/Data courtesy NSEI/Yahoo!/iCharts/Rediff MoneyWiz.
'Approx. 1st. Entry Point' is the price at which 'first' entry is made.
There can be more than one entry. Price for subsequent entries not shown.
'No. of Shares Traded' is calculated on 15k investment and 4x exposure (15000x4=60000) normally allowed by online brokering houses for intraday trading.
'Approx. Profit per Share' is cumulative of all entries.
Figures within curly brackets {} stand for SHORT sell profits.
All figures are indicative only.
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.