Friday, May 15, 2009

Performance report dated 15th May,2009

Our new innovative trading strategy has worked very well today. 12 calls were given and 10 of them achieved their respective targets. And the other 2 triggered our SL. Almost 85% accuracy achieved today. Remember we dont keep more than 2 positions open at a time. We shuffle the capital.

BHARTI
Buy above 783.50
Target achieved at 789.80
Profits- Rs806/-

BHUSHAN STEEL
Short below 572
Target of 565.30 achieved
Profits- Rs1173/-

EDUCOMP SOLUTIONS
Short below 2400
Target of 2390.30 achieved.
Profits- Rs407/-

M&M
Short below 511.50
Target of 507.60 achieved
Profits- Rs764/-

M&M
Buy above 516.50
Target 519.70 achieved.
Profits- Rs621/-

PNB
Short below 564.50
Loss booked at 567.50
Loss- Rs531/-

PNB
Buy above 570.40
Target of 574.70 achieved
Profit- Rs753/-

RELIANCE INFRA
Short below 816.50
Target of 811.30 achieved
Profits- Rs634/-

RELCAP
Short below 576.50
Loss booked at 582.05
Loss- Rs960/-

TULIP TELECOM
Short below 579
Target of 573.60 achieved
Profits- Rs934/-

ONGC
Short below 825
Target of 820.30 achieved
Profits- Rs569/-

ONGC
Short below 818.50
Profits booked at 814.30
Profits- Rs512/-

Total Profit= Rs5682. Less brokerage + Taxes @ 0.08% = Rs960.
Net Profit= Rs4722

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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