Saturday, August 29, 2009

Profit booked on 31/08/09

1 RELCAP bought at 870 booked at 879, profit Rs 9 per share and per lot 2484.

2 HDIL bought at 313.5 booked at 319, profit Rs 5.5 per share and per lot Rs
4257.

3
LT bought at 1580 squared off 1567.5, profit Rs -12.5 per share and per lot Rs -2500.

Net profit Rs 4241.

Quote of the day.

We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs tons.
by
Jim Rohn

Friday, August 28, 2009

Profit booked on 28/08/09

1 LT booked at 1620, profit Rs 20 per share and per lot 4000.

2 TATAPOWER no trade, did not achieve buying price.

3 UNITECH booked on target 96, profit Rs 2.5 per share and per lot Rs 11250.

Total net profit Rs 15250.

Calls for 28/08/09

1 LT buy at 1595/1600 with stoplos at 1575 target 1625/1630.

2 TATAPOWER buy at 1358/1360 with stoploss at 1348 target 1375/1380.

3 UNITECH buy at 93/93.5 with stoploss at 91 target 95.5/96.

Profit booked on 27/08/09

1 DRREDDYS though achieved our target,but no trade possible as the price spiked up and retraced sharply for a brief moment.

2 TCS same as above.

3 GMRINFRA no trade, did not cross buying price.

No loss no profit.

Thursday, August 27, 2009

Thought of the day.

Change does not happen when Circumstances Improve. Change happens when you decide to Improve your Circumstances.

Calls for 27/08/09

1 DRREDDYS buy at 824/825 with stoploss at 818 target 833/835.

2 TCS buy at 546/548 with stoploss at 540 target 558/560.


3 GMRINFRA buy at 143/144 with stoploss at 139 target 148/150.

Wednesday, August 26, 2009

Profit Booked on 26/08/09

1 TATAMOTOR booked at 498, profit Rs 8 per share and per lot Rs 6800.

2 RCOM booked at 267, profit Rs 1 per share and per lot Rs 700.

3 SUZLON though reached target, trade could not be initiated as price spiked above buying range.

Total net profit Rs 7500.

Calls for 26/08/09

1 TATAMOTOR buy at 490/493 with stoploss at 484 target 499/502.

2 RCOM buy at 265/266 with stoploss at 258 target 273/275.

3 SUZLON buy at 91/92 with stoploss at 89 target 95/96.

Tuesday, August 25, 2009

Profit booked on 25/08/09

1 TATAMOTOR booked on target 467, profit Rs 7 per share and per lot Rs 5950.

2 LT booked on target 1570, profit Rs 18 per share and per lot Rs 3600.

3 HINDUSTANUNILEVER squared off at 271.5, profit Rs 1.5 per share and per lot Rs 1500.

Total net profit Rs 11050.

Calls for 25/08/09

1 TATAMOTOR buy at 458/460 with stoploss at 454 target 465/467.

2 LT buy at 1550/1552 with stoploss at 1540 target 1565/1570.

3 HINDUSTANUNILEVER buy at 268/270 with stoploss at 262 target 278/280.

Monday, August 24, 2009

Profit Booked on 24/08/09

All stocks opened gap up and above buying price hence late entry.

1 ABB bought at 715 booked at target 722. profit of Rs 7 Rs per share and per lot Rs 3500.

2 M&M bought at 810 booked at 815. profit of Rs 5 per share and per lot Rs. 1560.

3 HDFC bought at 2460 booked at target 2480. profit Rs 20 per share and per lot Rs 3000.

Total net profit Rs 8060.

Calls for 24/08/09

1 ABB buy at 707/705 with stoploss at 698 target 719/722

2 M&M buy at 800/802 with stoploss at 792 target 812/815

3 HDFC buy at 2440/2445 with stoploss at 2420 target 2475/2480

Sunday, August 23, 2009

GANPATI BAPPA MORYA


May Lord Ganesha bless you all and fulfill all your wishes.

Saturday, August 22, 2009

Rules for trading

1 Greed and Fear are the most dangerous enemies of a trader, control them before they control you.

2 Always use stoploss for all open positions, to protect capital.

3 Never let a winning trade run into a loosing trade, use trailing stoploss, to protect profit.

4 Don't overtrade or take position so big that you can not afford to loose if the stoploss is hit.

5 Remember two 'P' s Persistence and Patience.

Friday, August 21, 2009

Weekly Profit

Total profit Rs 39756 for the week 17/08/09 to 21/08/09.

Booked Profit on 21/08/09

1 MARUTI booked full profit at target 1390, profit of Rs 18 per share and per lot Rs 3600.

2 ABB booked full profit at target 702, profit of Rs 12 per share and per lot Rs 6000.

3 KOTAKBANK booked at 707, profit of Rs 7 per share and per lot Rs 3850.

Total net profit of Rs 13450.

Calls for 21/08/09

1 MARUTI buy at 1368/1372 with stoploss at 1358 target 1385/1390.

2 KOTAKBANK buy at 698/700 with stoploss at 690 target 708/710.

3 ABB buy at 688/690 with stoploss at 678 target 698/702.

Thursday, August 20, 2009

Total Profit on 20/08/09

1 RCOM squared off at 246, loss of Rs 3 per share and per lot Rs 2100.

2 CAIRN could not initiate trade as selling price not achieved.

3 SUZLON could not initiate trade due to price spiked up early morning.

Total net profit Rs -2100.

Calls for 20/08/09

1 RCOM short sell at 240/242 with stoploss at 248 target 232/230.

2 CAIRN short sell at 235/236 with stoploss at 240 target 230/228.

3 SUZLON short sell at 85/85.5 with stoploss at 87 target 82/81.

Net Profit on 19/08/09

1 JSWSTEEL booked on target of 719, profit of Rs 9 per share and per lot Rs 14850.

2 RELCAPITAL could not be initiated as the stock opened gap up at 825 well above our buying range.

3 LT booked on target of 1500, profit of Rs 25 per share and per lot Rs 5000.

Total net profit Rs 19850.

Tuesday, August 18, 2009

Calls for 19/08/09

1 JSWSTEEL buy at 708/710 with stoploss at 700 target 719/722.

2 RELCAPITAL buy at 815/812 with stoploss at 805 target 828/830.

3 LT buy at 1472/1475 with stoploss at 1460 target 1495/1500.

Book Profit 18/08/09

STERLITE Booked full profit at 608. Profit of Rs 12 per share and per lot Rs 5256.

RCOM booked at 243, profit of Rs 4 per share and per lot Rs 2800.

SUZLON squared off at 87, loss of Rs 1 per share and per lot Rs 3000.

Total net profit Rs 5056.

Calls for 18/08/09

1 RCOM short sell at 246/248 with stoploss at 253 target 241/240.

2 SUZLON short sell at 85/86 with stoploss at 88 target 83/82.

3 STERLITE short sell at 620/622 with stoploss at 631 target 610/608.

Position analysis for 17/08/09

1 CAIRN could not initiate trade as buy price was not achieved.

2 ONGC could not initiate trade as buy price was not achieved.

3 RCOM squared off at 250, profit of Rs 5 per share and per lot Rs 3500.

Total net profit Rs 3500.

Monday, August 17, 2009

Calls for 17/08/09

1 CAIRN buy at 250/251 with stoploss at 245 target 258/260.

2 ONGC buy at 1225/1228 with stoploss at 1210 target 1245/1248.

3 RCOM short sell at 257/256 with stoploss at 262 target 251/250.

Saturday, August 15, 2009

HAPPY INDEPENDENCE DAY


62nd Anniversary of Freedom. JAI HIND

Weekly Profit

Total Profit for the week from 10/08/09 to 14/08/09, Rs 88580.

Friday, August 14, 2009

Position analysis for 14/08/09

1 JSWSTEEL squared off at 748, Profit Rs 23 per share and per lot Rs 37950.

2 UNITECH squared off at 93, loss of Rs 2 per share and per lot Rs 9000.

Total net Profit Rs 28950.

Calls for 14/08/2009

1 UNITECH buy at 93/94 with stoploss at 91 target 99/100.

2 JSWSTEEL buy at 720/725 with stoploss at 710 target 745/750.

Thursday, August 13, 2009

Position analysis

1 TATA POWER squared off at 1292, profit Rs 17 per share and per lot Rs 3400.

2 TATA MOTORS squared off at 448, profit Rs 13 per share and per lot Rs 11050.

3 HCLTECH squared off at 275, profit Rs 15 per share and per lot Rs 19500.

Total net profit Rs 33900

Wednesday, August 12, 2009

Calls for 12/08/09

1 TATAPOWER buy at 1270/75 with stoploss at 1255 target 1297/1300.

2 TATAMOTORS buy at 430/435 with stoploss at 420 target 447/450.

3 HCLTECH buy at 255/260 with stoploss at 248 target 272/275.

We still maintain if Nfty trades below 4400 consistently and on closing basis, there is strong possibility of going to 4150.

Tuesday, August 11, 2009

Open position details :

1 RCOM squared off at 250.50, net profit Rs 2,450.

2 SUZLON squared off at 81.0, net profit Rs 15,000.

3 RELCAP squared off at 820.00, net profit Rs 8,280.

Total net profit Rs 25,730.

Monday, August 10, 2009

Position analysis of 10/08/09 and calls for 11/08/09

1 RCOM position open with profit of Rs 2.1 per share or Rs 1470 (lot size 700)
and
trailing stoploss at 261.

2 IVRCLINFRA position squared off at 313 loss of Rs 6 per share or Rs 6000 on
1 lot (lot size
1000)

3 SUZLON position open with profit of Rs 3.8 per share or Rs 11400 on 1 lot
(lot size 3000)
and trailing stoploss at 83.5 if breaks dominantly below 80 further downside is expected.

4 RELCAP position open with profit of Rs 28 per share or 7728 on 1 lot
(lot size 276) and trailing
stoploss at 828.

Net profit of Rs 14598 on closing basis.

Nfty if trades below 4400 consistently and on closing basis, there is strong possibility of going to 4150.

Sunday, August 9, 2009

Calls for 10/08/09

1 RCOM short sell at 255/253 target 240 stoploss 262.

2 IVRCLINFRA short sell at 308/305 target 283 stoploss 313.


3 SUZLON short sell at 86/85 target 80 stoploss 88.


4 RELCAP short sell at 855/850 target 805 stoploss 865.