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Trade Log for Sept 25, 2008
- Risky Trade: - Buy Tata Power @ 1027 sl 1018. tgt 1035. - made high of Exact 1035 then some institutinal selling happened. - Exited @ target , profit Rs 8/sh , If traded with 200 shares then profit Rs.1600/trade.
- Buy lic housing 298 sl 296 trgt 301-305 - made high of Rs. 304.85 // exited @ 303.00 - profit Rs 5/share . If traded with 500 share then profit Rs. 2500/ trade.
- Short SBIN @ 1509 sl above 1513 tgt 1483 1474 - trade executed @ 1502 lelvl ( sms reaches late ) acheived all target, and exited @ 1480 lelvls,, for low risk trader. Profit Rs 22/share. If traded with 50 shares then profit Rs.1100/trade.
- Buy Nifty Future ( 1 lot) @ 4102 sl 4085 .. target 4130- 4150 - Sl triggred but adviced to hold NFuture.. Finally exited @ 4107. and hence no loss no profit on this counter. Rs.5 gain is adjusted in brokerage + taxes .
- Short GAIL @ 406 sl 410 target 403- 401 - acheived all target , exited @ 402. Profit Rs 4/share . If traded with 250 share then profit Rs1000/trade
Profit - TATA POWER ( Rs. 1600/trade ) , LIC HSG ( 2500/trade ) , Short SBIN ( Rs1100/trade) , GAIL ( Rs1000/trade ) & Nifty Future ( No loss No Profit )
Approx Profit - Rs. 6200 /trade
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