Weekly profit

Profit for the week 31/08/09 to 4/09/09.

Total Profit Rs 39918.

Targets achieved

HDFC BANK 1500 & PNB 714 both targets achieved.

POWERGRID no trade till now, can be watched for reversal.

Calls for 10/09/09

1 HDFCBANK buy at 1475/1471 with stoploss at1460 target 1497/1500.

2 POWERGRID short sell at 105.5/105 with stoploss at 107 target 103/102.5

3 PNB buy at 700/702 with stoploss at 693 target 712/714.

Calls for 8/09/09

1 SBI buy at 1805/1810 with stoploss at 1790 target 1825/1830.

2 SIEMENS buy at 524/526 with stoploss at 519 target 535/537.

3 AXISBANK buy at 929/931 with stoploss at 923 target 948/950.

Profit booked on 7/09/09

1 ONGC booked at 1190, profit Rs 10 per share and per lot Rs 2250.

2 TATASTEEL booked on target 840, profit Rs 5 per share and per lot Rs 3820.

3 M&M booked at 873, profit Rs 5 per share and per lot Rs 1560.

4 ABB reached reached 762.9 but no trade possible.

Total net profit Rs 7630.

Calls for 7/09/09

1 ONGC buy at 1178/1182 with stoploss at 1167 target 1195/1200.

2 TATASTEEL buy at 430/431 with stoploss at 425 target 438/440.

3 M&M buy at 868/870 with stoploss at 858 target 895/898.

4 ABB buy at 750/752 with stoploss at 742 target 765/768.

Quote of the day.

I only write music for myself, I don't try and appeal to anyone else.

Bryan Adams