Uneventful: that is how our markets can be described today. Our market
closed a sluggish day of trade on a flat note though in the green. The
sugar sector did well today along with banking. Unfortunately, we did
not 'Suggest' anyone in these two sectors. There is a strong chance of
a sellout sometime soon. Near-term trend is still uncertain, according
to our research, and not positive as it might seem.
IntradayTrade dot Net could not keep its promise today as only one
of its 'Suggests' could give the required 500+ profits in LONG. Bad. However,
there were no loss recommendation from our Alerts. In fact, the Alerts were
quite apt and to the point, but because of low activity at the browses, our
'Suggests' did not pick up speed.
Pre-Market: 8:30am
Gap-up opening expected today
Markets today should be positive and robust
ALERT-1: 9:45am
See TATASTEEL above 546; StopLoss: 542; Targets: 549
See HINDUNILVR above 268; StopLoss: 266; Targets: 270
Markets opened gap-up as predicted, but losing ground at present
Markets still in positive zone; expected to hold on
ALERT-2: 12:45pm
Market at lowest point of the day but still in positive zone
Europe is expected to open flat; but our markets should recover
Hold on to HINDUNILVR; If already in, see TATASTEEL above 544
Also see DLF above 310; HINDALCO above 174
'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.