The Indian market closed the last day of the week on a flat note and in
the red. It was a range-bound session without there being much movement
on either side despite strength seen in European markets.
For normal players at the stock market, today was another uneventful day
with no special opportunities to buy or to sell. But for intraday traders
today's market was 'killing' — at every point you expect more to
happen but the market remains flat. If you are unfortunate to take a position
based on any such hunch, you may go into losses.
In very disturbed markets, 3 'Suggests' of IntradayTrade dot Net gave
the required 500+ profits in LONG instead of the required two. And, there were
no loss recommendation from our Alerts. In fact, the Alerts were quite apt and
to the point. Everything considered, this was not a bad day after all.
Pre-Market: 8:30am
Gap-up opening expected today also
However, going forward may not be easy afterwards
ALERT-1: 9:20am
See APOLLOTYRE above 83; StopLoss: 82; Targets: 84
See PUNJLLOYD above 110.50; StopLoss: 109; Targets: 111.50
Markets opened gap-up as expected, but going flat at present
Markets in positive zone; but unable to hold on to gains
ALERT-2: 12:10pm
Market have just managed to come back into positive zone
Europe opening is now vital; our markets predicted to remain flat
Both APOLLOTYRE and PUNJLLOYD have done as expected
See VIJAYABANK above 83.50; ITC above 165
'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.