Performance report dated 14th May,2009

Our new innovative trading strategy has worked very well today. 13 calls were given and 11 of them achieved their respective targets. And 1 was exited at some loss and the other exit at cost.  Almost 100% accuracy achieved. Remember we dont keep more than 2 positions open at a time. We shuffle the capital.

ABAN LLOYD
Buy above 487
Loss booked at 484.80
Loss- Rs431/-

BHEL
Buy above 1658
Target of 1668.80 achieved
Profits- Rs648/-

Bhushan Steel
Short below 616
Target of 611.30 achieved.
Profits- Rs761/-

Bhushan Steel
Short below 610
Target of 602.30 achieved
Profits- Rs1263/-

Educomp Solutions
Short below 2390
Target 2376.30 achieved.
Profits- Rs575/-

HDFC Ltd
Buy above 1873
Target of 1879.40 achieved
Profits- Rs339/-

M&M

Buy above 510

Target of 414.70 achieved

Profit- Rs921/-

MARUTI

Buy above 835

Target of 839.70 achieved

Profits- Rs564/-

Reliance Infra

Buy above 783

Target of 789.70 achieved

Profits- Rs858/-

Reliance Capital

Buy above 560

Target of 564.70 achieved

Profits- Rs841/-

Tulip Telecom

Buy above 594

Exited at 594

Profits- Nil

Tulip Telecom

Short below 580

Profits booked at 578.20

Profits- Rs310/-

ZEE

Buy above 142

Target of 144.70 achieved

Profits- Rs1901/-

Total Profit= Rs8550. Less brokerage + Taxes @ 0.08% = Rs1040.
Net Profit= Rs7510

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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