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.

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