Consolidated Delivery Letter performance From 19th March till 19th June 2009  
  We buy deliveries of stocks when midcap index is in buy and percentage of shares above support are more than 50% We do not do bottom fishing and do not buy deliveries in a falling market as we believe that there is no end to a fall, just as there is no end to a rise. When we perceive a signal for delivery, we buy 5 to 10 stocks technically the strongest of that time and go on holding them till the signal remains or till when more than 50% stocks are above the support level. Our intention is to take the full trend. Some of us might want to consider fundamentals also while buying stocks for delivery, but, we believe that technical reflect the fundamentals also.
 

Midcap index had came in uptrend on 18th March  and the percentage shares above support came above 50% on 19th March. So we had slowly started investing in deliveries. Initial on 19th March we recommended to buy only 4 deliveries, then on 20th March three more were recommended . On 25th March one of the held delivery was stoplossed, so on that day we had 6 deliveries . On 1st April we recommended to buy 4 more deliveries to bring our portfolio to 10 lakh. On 17th June one of the delivery was stoplossed, but on 18th June Midcap Index has come in downtrend so we have quitted all our held deliveries and booked good profits in them

(We will go on reviewing the individual stocks in our delivery list from time to time so that we may replace should anyone of them show weakness. This list we go on continuing and this is will be our core delivery list which we do not want to touch till either of the parameters are up.)

Sr. No (priority wise) Date of taking deliveries Share Name Closing Rate on the date of taking deliveries  No. of Shares Amount Invested on the date of taking deliveries Original Stop Loss Quitting Date Quitting Price Liquidated investment  Profit/ Loss Percentage
1 19th Mar 09 Crompton Greaves 131.10 763 100029 135 25th March 09 106.5 81259.50 -18769.80 -18.76%
2 19th Mar 09 Hindalco Indust 45.15 2215.00 100007.3 40 18th June 09 88 194920 94912.75 94.90%
3 19th Mar 09 Petronet Lng 38 2632 100016 35 18th June 09 68 178976 78960 78.94%
4 19th Mar 09 Kalpataru Po 293 341 99913 250 18th June 09 671 228811 128898 129.01%
5 20th Mar 09 MRPL 40.5 2469 99994.5 38 18th June 09 81 199989 99994.50 100%
6 20th Mar 09 Zylog System 79.75 1254.00 100006.5 72 18th June 09 187 234498 134491.50 134.48%
7 20th Mar 09 GMR Infra 87.7 1140 99978 77 17th June 09 155 164160 64182 64.19%
8 1st April 09 Amararaja Ba 38.4 2604 99993.6 35 18th June 09 88 229152 129158.40 129.16%
9 1st April 09 Dena Bank 33.05 3026 100009.3 30 18th June 09 52 157352 57342.70 57.33%
10 1st April 09 Gitanjali Gems 46.75 2139 99998.25 40 18th June 09 114 243846 143847.80 143.85%
11 1st April 09 Graphite India 25.25 3960 99990 22 12th June 09 45 170280 70290 70.29%
      22543 1099935.70       2083244 983307.80 89.39%

We have quit the above mentioned deliveries
Review of all the deliveries : Initial investment Rs. 10,99,935.70,Liquidated Investment Rs 20,83,244 Profit Rs 9,83,307.80.

ROI  89.39%



 For quick reply email to neera@crnindia.com

 

Disclaimer : Trading in stock market is very risky and there are every chances of making losses.