The day started with a good mood for me.The sensex was in green.Indian hotels rallied 4% among my holdings.All my money is already invested.So i decided to take a chance.I sold all my holdings in indian hotels.490 indhotels sold at Rs 100.60 with an expectation that i get a chance in the day to squareoff it at a lower level.
Buy my decition was not right.Indian hotels moved again to higher level.Among the 490 shares sold, 100 was bought at 96.90.So i got a profit from the 100 shares.Out of the 390 indhotels sold, i decided to buy back 200 at a higher price than sold.So i bought 200 indhotels at 102.80 per share.I think indhotels will correct in the coming days and i can purchase the short 190 shares at a lower price than 100.60.Otherwise if price moves high, i will get profit from the 200 shares iam holding.....
I sold Maruti 20 nos at 1240 pershare at profit.
I sold Marico 100 nos at 120.70 per share and bought back same nos in the day itself at 118.70 per share, with a profit of Rs 150 after all expenses.
I sold IFCI 150 nos at 59.90 pershare, without any profit or loss.
I exited all my Max shares at a price around 164 rs pershare with profit last week.Today Max seems to reach a support level.Max was correcting to around 150 Rs and returned several times in past few weeks.So i bought 195 MAX shares at 155.50 Rs pershare.
I also exited Sterliteindustries at Rs 170 per share.I had 380 sterliteind.Today Sterlite corrected about 4%.So i purchased 200 Sterlite at Rs 162.50 pershare.If further corrects, i will buy the remaining 180 at another lower level.Otherwise if bounce back to earlier levels, i will book profit.
Today also i got 300 Rs profit after all the expenses...
See again on Monday.....after our Independence day.......
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