DAILY TRADING REPORT - 07.06.10 (Monday)

Nifty Trades - June 10

. Total Trades: 12

2. Winning Trades: 7

3. Losing Trades: 5

4. Points Gained: 119

5. Points Lost: 46

6. Net Gain: 73

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Intraday Nifty Trade

9.11AM: Sold nifty at 5003. SL 5016.

11.59AM: Booked out at 4987. Gain 16 points.

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Introducing SIP Portfolio

9.15AM: From today, in addition to 1)Normal Portfolio, 2)Multibagger Portfolio, and 3)HRHR Portfolio, I am introducing a 4th portfolio namely 4) SIP Portfolio. Under this portfolio, the shares will be added in small quantities on fortnightly/monthly basis, with complete regularity. If I buy 1 share of MRF today, I will keep adding 1 share every month. Those who can afford better investment, may add 1 share per fortnight, and those who want to expose less investment may add 1 share every 2 months. But one thing is important, is that once you buy MRF, you should keep adding to it.

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Bought MRF under SIP Portfolio

9.30AM: Bought MRF Ltd 1 share @ 7177 under SIP Portfolio. Will keep adding 1 share per month so long as it trades in 4 digits. Target in 3 years 30K.

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Nifty Futures 10.30AM Call

10.30AM: Nifty Futures opened today at 5011 against its previous close of 5119, and is currently trading at 4995. It has so far recorded a HIGH of 5011 & a LOW of 4985. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4960-5011 in a rangebound trade.

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Shifted Colgate to SIP Portfolio

11.30AM: Shifted 25 shares of Colgate (bought on 23.10.09 @ 705 under Normal Portfolio) to SIP Portfolio. Will keep adding 5 shares every month so long as it trades in 3 digits. Target in 3 years is 3K.

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Intraday Nifty Trade 2

12.36PM: Sold nifty at 5016. SL 5021.

1.01PM: SL hit at 5021. Loss 5 points.

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