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Saturday, March 29, 2008

the month of March 08

We have almost come to an end of the month. We have had a wonderful trading session yesterday - we gained 5% in just one trading session.

In the new financial year, 2008-2009, I am proposing to be more realistic in profit calculation. So in line with the real word trading costs, we would be introducing a brokerage of 0.3% for each transaction and we would also be charging 15% service tax for every profit made for a transaction within a year.



The above chart is from the date we started posting on Famousinctalk. We have had a good rally. However US markets are still suffering. So this rally might not continue for long. This coming week we will have to sell few weakly performing stocks.

Suzlon has regained little of its losses in the last week.
=====================================================
Date Scrip Price Buy
Qty
Value Prsnt
Qty
M Price M Value %
Growth
5-Apr-06 BHEL 2347 1 2347 2 2093.95 4188 78
9-Jan-08 SUZLON 2242 1 2242 5 270.05 1350 -40
23-Jan-08 BHEL 2114 1 2114 1 2093.95 2094 -1
23-Jan-08 BHARATFORG 294.5 4 1178 4 281.1 1124 -5
12-Mar-08 NTPC 197.5 15 2962.5 15 204.35 3065 3











Total (+cash)
11011

11989 8.9









Balance Cash 167.5






40% value 4795.7






=====================================================

We can probably get rid of Bharatforg and Suzlon immediately and get hold of a better performing stock.

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