Thursday, August 19, 2010

19 August 2010...

The day give me a handful of money!!!The day started in the green and the momentum continues till the closing bell.Sensex gained about 200 points.Yesteday also market showed a similar performance.
I was holding 300 Dishman Pharma shares.It shows a bullish trend in the morning.So i decided to sell some of my holdings in Dishman pharma at a profit.I sold 100 Dishman shares for 208 Rs per share. I purchased it at 203.05 per share a few days back.
Dishman was moving up again.So i decided to book profit for another 100 Dishman numbers.So i sold another 100 Dishman shares at 212 Rs per share.I bought it at Rs 208 per share.Its price was again skyrocketing.I think some fundhouses accumulated Dishman today.So i decided to sell all my holdings.I strongly believed that i can buy back it at a later part of the day or within few days at a lower price.So i sold the remaining 100 shares at Rs 217.10 per share.Today its price moved up around 223 Rs pershare.
After the rally it cooled off.So when the price reached at 208.05 Rs pershare i boughtback 100 Dishman shares.When it reached 206.50 Per share, i bought back another 100 Dishman shares.
Then came the role of RIL.Today RIL moved a little bit up after a bearish performance for past several days.So i decided to book some profit.I sold 22 RIL shares at Rs 981 per share.I bought it yesterday at 964.10 pershare.
I also sold 135 Gujnre shares at 61 Rs pershare.I purchased it at 59 Rs per share.Metal stocks were underperforming for last several months.I am still sitting on a big number of Gujnre shares purchased at a higher price.Gujnre is giving dividend of Rs 1 per share by September 2010.
I decided to purchase stocks using the money i got through todays sale.The first choice was Max.I purchased 100 Max shares at 153 Rs pershare.Last week i sold Max above 160 Rs pershare.Also Max will announce its second quarter results soon.
Then i bought 100 RPower at Rs 153.80 pershare.RPower is in a much low price than its issue price...So i decided to purchase it.I am even ready to hold it for long.
The next scrip i puchased today was Wipro.I purchased 50 Wipro shares at Rs 419.40 per share.

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