Performance report dated 11th May,2009

Our new innovative trading strategy has worked 100% today. 6 calls were given and 5 of them achieved their respective targets. And 1 exited with small gain. 100% accuracy achieved. Remember we dont keep more than 2 positions open at a time. We shuffle the capital.

M&M
Buy above 500
Target of 503.80 achieved
Profits- Rs760/-

Educomp Solutions
Buy above 2440
Target of 2454 achieved.
Profits- Rs574/-

Hero Honda
Short below 1226
Booked profits at 1224.20
Profits- Rs148/-

Axis Bank
Short below 612.50
Target of 608.60 achieved
Profits- Rs636/-

Bhushan Steel
Buy above 684.
Target 699.80 achieved.
Profits- Rs2277/-

Maruti
Buy above 838
Target of 842.80 achieved
Profits- Rs571/-

Total Profit= Rs4966. Less brokerage + Taxes @ 0.08% = Rs480.
Net Profit= Rs4486

Note: The above profits are computed based on trade of Rs1lakh worth per share. And brokerage and taxes are also computed accordingly.

Anurag Dujari
Mobile:92308-92309
E-Mail: anurag130@gmail.com
Blog: www.trade4gain.blogspot.com

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