Friday, 03-Feb-2012

The good days continue for our markets. Very well supported by FII funding which has again crossed 1kCr today. The Rupee also has kept up its stellar performance. Now with global cues turning positive with easing Eurozone crises and good data from the US, we can expect our market to go forward strongly. However, the fears of a profit booking slump will always remain at higher levels. Next week will be interesting!

The market behaved as expected today: flat and range-bound most of the day with a smart upsurge later in the day. 2 of the of IntradayTrade dot Net gave fantastic results today in LONG following our Alerts. BHARTIARTL was a disappointment — for the positional trader it posted a profit, but for the Intraday Trader there was no opportunity. This is a good example of the differences in approach between normal trading and Intraday trading in the stock market.

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:	BHARTIARTL	HINDALCO	SINTEX
ALSO SEE:	ANDHRABANK	EDUCOMP	INDIACEM

SMS ALERTS for today

Pre-Market: 9:00am

Flat or a Small Gap-Down opening expected for our markets today;
Asian markets, except Singapore, are in the red today morning;
They are in ranges ahead of key U.S. jobs data while Greek debt
restructuring talks dragged on; Europe and US markets had closed
good last night; In the domestic front, implications of 2G licence
cancellations still not clear; Foreign investors are worried;
INR-US$ is strong at 49.1500; WTI Crude is at $96.43;

NIFTY Resistance levels today: 5300, 5325, 5360, 5385;
NIFTY Support levels are at: 5245, 5225, 5195, 5160, 5140;

Today's near-term market trend is positive; Cautious trading expected;
Initial Pattern for profit booking drop visible; Volatility of yesterday
may continue; Market expected to consolidate and trade within a range later;
Upsurge possible early if profit booking can be limited;
NIFTY upside target today is 5300+; Downside maximum 5140;
Intraday players: be extra careful today; Do not take big risks;
Take small profits and exit; Repeat.

ALERT-1: 10:00am

Flat opening for the NIFTY; Going flat and choppy; Uncertain bias;
EDUCOMP and SINTEX have done OK since opening;
Hold EDUCOMP>241 SINTEX>93.50 if you are already in;
And, Till the next Alert, See:

Name See
Above Stop
Loss Target
1 Target
2 Number
to buy

HINDALCO 155 153 159 162 380

INDIACEM 88 86 92 94 680

Watch ANDHRABANK>110.50 and BHARTIARTL>399 if upsurge comes;
All for LONG;

NIFTY around 5270 now; Opened around same level;
Going flat and very choppy around the line;
First Resistance is 5280-5285; Resistance is strong at 5300;
First Support is now at 5250-5240; Next Support is at 5200;
Asian markets are flat in red; Our market outlook uncertain;
NIFTY likely to trade sideways for some time in absence of cues;
Profit booking can set in if there are no inputs;
Be sure and certain before taking position in LONG;
Maintain strict Stop-Loss if holding on to any scrip.

ALERT-2: 11:00am

Market flat; Fluctuating around the line; Struggling to Hold;
EDUCOMP and SINTEX are doing OK in LONG since last Alert;
Hold EDUCOMP>241 SINTEX>93.50 if you are in them with strict StopLoss;
Watch ANDHRABANK>110 INDIACEM>88 now if market turns up;
All can rise from present levels; All for LONG.

NIFTY around 5270; Trading within 5255-5280 range since opening;
First Resistance is still 5280-5285; Resistance is strong at 5300;
First Support is still at 5250-5240; Next Support is at 5200;
Asian markets slowly turning green; Our markets uncertain;
Market likely to see some upside now; Market should turn around;
Be watchful in LONG — Take small profit and exit; Repeat.

ALERT-3: 12:30pm

Market still on the line; Going choppy; Slight positive bias;
Only INDIACEM gave small profit in LONG since last Alert;
Hold BHARTIARTL>397 INDIACEM>90 if you are still in them;
Others are stuck: ANDHRABANK(110) EDUCOMP(240) HINDALCO(153)
SINTEX(93.50); These can fire if market turns up;
Be careful and alert at all times: take small small profits.

NIFTY around 5275; Slight positive bias; Coming up from 5255;
First Resistance is still 5280-5285; Resistance is strong at 5300;
First Support is still at 5250-5240; Next Support is at 5200;
Asian markets except China & Singapore are in the red;
Europe is slated to open Flat or in the red; Our market uncertain;
Much depends how Europe behaves after opening;
NIFTY likely to trade with slight positive bias;
Upsurge confirmed only if 5300 is crossed with confidence;
Some profit booking can come in if Europe disappoints;
Be watchful in LONG — Take small profit and exit; Repeat;
Best not to take fresh position in LONG until market turns up.

ALERT-4: 2:30pm

NIFTY in the green; Did a smart upmove; Going very choppy;
EDUCOMP INDIACEM SINTEX gave profits in LONG since our last Alert;
Hold INDIACEM>90.50 SINTEX>97 if you are still invested in them;
Watch ANDHRABANK>111.50 HINDALCO>153 now if surge resumes;
Selling pressure can come; Maintain strict StopLoss in LONG.

NIFTY around 5310 now; Coming up from 5270; 5300 crossed;
Asian markets, except Japan, have closed positive;
Europe has opened in the red but are trading with positive bias now;
Local Resistance has been found at 5310 where NIFTY got stuck twice;
Next Resistance is at 5325-5330; But 5310 will have to be crossed first;
First Support is now at 5270; More Support will be at 5250;
NIFTY likely to remain flat and range-bound for some time;
Last minute shot at 5350 very much possible if Europe helps;
If in profit, best to exit any position in LONG;
Do not risk profits already made.

PP1	PP2	PP3	PP4	PP5	PP6	PP7
335	347	372	384	396	409	421

Suggest-1:
BHARTIARTL

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. —

PP1	PP2	PP3	PP4	PP5	PP6	PP7
149	151	155	157	159	162	164

Suggest-2:
HINDALCO

Approx. 1st Entry Point: Rs. (Time) 152.50 (1406)

Approx. 1st Exit Point: Rs. (Time) 153.50 (1456)

Avg. No. of Shares Traded: 380

Approx. Profit per Share: Rs. 1

Approx. Profit Today: Rs. 380

PP1	PP2	PP3	PP4	PP5	PP6	PP7
81	83	89	92	94	97	100

Suggest-3:
SINTEX

Approx. 1st Entry Point: Rs. (Time) 93 (0956)

Approx. 1st Exit Point: Rs. (Time) 98 (1446)

Avg. No. of Shares Traded: 640
Approx. Profit per Share: Rs. 5

Approx. Profit Today: Rs. 3200

PP1	PP2	PP3	PP4	PP5	PP6	PP7
96	98	105	107	110	114	116

Also See-1:
ANDHRABANK

Approx. 1st Entry Point: Rs. (Time) 110.50 (1410)

Approx. 1st Exit Point: Rs. (Time) 111.50 (1449)

Avg. No. of Shares Traded: 540

Approx. Profit per Share: Rs. 1

Approx. Profit Today: Rs. 540

PP1	PP2	PP3	PP4	PP5	PP6	PP7
214	218	228	232	237	242	246

Also See-2:
EDUCOMP

Approx. 1st Entry Point: Rs. (Time) 240 (0949)

Approx. 1st Exit Point: Rs. (Time) 244 (1504)

Avg. No. of Shares Traded: 250

Approx. Profit per Share: Rs. 4

Approx. Profit Today: Rs. 1000

PP1	PP2	PP3	PP4	PP5	PP6	PP7
80	81	85	87	89	91	93

Also See-3:
INDIACEM

Approx. 1st Entry Point: Rs. (Time) 89 (1223)

Approx. 1st Exit Point: Rs. (Time) 94 (1506)

Avg. No. of Shares Traded: 670

Approx. Profit per Share: Rs. 5

Approx. Profit Today: Rs. 3350

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.

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:

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.