Tuesday, November 20, 2012

BUYING RELIANCE CAPITAL IN MODEL PORTFOLIO


After 15 November I didnt done any buying in my model Portfolio and that was justified with 100 points correction in nifty till date.Now I feel nifty is at fair range to buy.At present my portfolio have Rs.97727 cash balance and have Strides Arcolab,Bajaj Finserv and JP Infratech in Portfolio.Initially Portfolio started with Rs.100000 on Aug 15

Given below is the current Portfolio holdings

SCRIPBUY RATEBUY QTYSECTORWEIGHTAGETOTALCMPPROFIT% GAINED
STAR8006PHARMA5%480093078016%
BAJAJ FINSERV8906NBFC5%5340830-360-6%
JPI INFRA48208CONSTRUCTION10%998445-624-6%

Now I am adding Relcapital in Portfolio with a weightage of 10% at 375.I expect good outcome in pension bills in parliament and positive comments form Rbi on new banking licence norms which will favour Relcapital. So buying 26 Relcapital shares in Portfolio today.
So cash balance in my portfolio will be Rs.87977 and share holdings will b raised to 4

PAID TIPS ON 20 NOVEMBER

Given below is my paid tips to subscribers on 20 November

TODAYS RECOMMENDATIONS
EQUITY
SCRIPACTIONRATETARGETSTOP LOSSREASON/LOGICREMARKSPROFIT/LAC
HDILSELL105101107WEAK TECHNICALTGT MET at 1.30PM3800
TATA MOTORSBUY263266261ATTRACTIVE VALUATIONLATE AFTERNOON BUY,TGT MET1140
FUTURES
SCRIPACTIONRATETARGETSTOP LOSSREASON/LOGICREMARKSPROFIT/LOT
TATAMOTORSBUY263267261ATTRACTIVE BUYLATE AFTERNOON BUY,TGT MET4000
JPASSOSELL908792TECHNICALLY WEAKTGT MET12000
OPTIONS
SCRIPACTIONRATETARGETSTOP LOSSREASON/LOGICREMARKSPROFIT/LOT
TATMOTORS 260 CABUY795SAME AS ABOVELATE AFTERNOON BUY 2000
JP ASSO 90 PEBUY352WEAK TECHNICALTGT MET 8000

Today market was in weak side and not much volatility seen.Sold JP associates futures in morning and made Rs.12000 profit.In late afternoon bought Tata motors futures and made some momentum trade in it.
Todays total profit in my tips are Rs.30940 including options,futures and equity on intra day basis