The Indian market closed the last day of the September series on a firm
note after a last minute surge which helped the indices come off the lows
of the day following sudden buying in banks, metals and FMCG. This came
despite bad cues from international markets. Shows the inner strength of
our markets. The very high volumes today support the idea that the Bulls
are still in charge.
A good day for IntradayTrade dot Net when all Suggests except one
gave handsome profits in LONG. Point to note is that most of these profits
came before the late surge in the day. Our Alerts were helpful and our
prediction that we will see a late surge, came absolutely true.
Pre-Market: 8:30am
SMS services is down till 30-Sept-2010;
We'll send 'Suggests' SMS around 8:30amIST from our mobile;
Members will have to see updates here at website after
8:30am, 9:30am, 12:30pm and after 2:30pm.;
Hopefully things will become normal from 01-Oct.
Pre-Market: 8:30am
Gap-down opening expected today; Weak markets predicted;
Profit booking may continue, recovery expected later in the day;
Other stocks in news today: RCOM, KFA, SATYAMCOMP, ITC.
ALERT-1: 9:40am
Markets opened gap-down; but immediately recovered; going flat now;
DABUR and LITL have done well on opening;
See UNITECH>87.25, SL86, TG88.60; See LITL>73.40, SL72.40, TG74.15;
Also see DABUR>107.20, VOLTAS>246; Follow PricePoints;
Look at overall market position before taking position.
ALERT-2: 12:30pm
Our Markets down and negative; chances of recovery in last hour;
Profit booking, Expiry & 'Verdict' weighing market down;
Europe predicted to open bad; so be careful ...
NTPC, TATAMOTORS and UNITECH done well so far in LONG;
At this time look at NTPC>217.50, UNITECH>88, TATAMOTORS>1100.
ALERT-3: 2:35pm
Our Markets in negative area; going flat;
Europe opened bad; going negative and flat;
Not much cheer in the markets; sentiments down;
TATAMOTORS and VOLTAS show promise at this time.
'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.