Sunday, October 25, 2009

Selected Stocks Progress

On June 26th I have selected the following stocks (exposed them to public in this blog)...checkitout. Lets have a look at the progress.

June 26th --- October 25th

YESBANK 194.95 --- 256.85
BIOCON 226.00 --- 274.30
SATYAM COMPUTERS 72.75 --- 110.70
JAIPRAKASH ASSOCIATES 220.70 --- 237.70
ANDHRA BANK 83.30 --- 119.10
IDBIBANK 115.45 --- 128.00
RELIANCE NATURALS 91.10 --- 84.35
ALOK INDUSTRIES 22.20 --- 21.25
NTPC 194.95 --- 214.85

Though, I dont like holding on to a stock more than weeks, but still I would prefer a good stock even for intraday, the reason being is ...if you select a stock which has not got any good track record then the chances of surviving from a bad phase of that stock would be nullified.

For say, you have selected a stock for intraday, for suppose, and it went down drastically...in that case if it is a good stock then you can sit back and relax. If it is a not so good stock, then you are doomed. Because, you never know when it would rise again. For say JaiprakashAssociates touched 270 two days ago, now it is 237...which is absolutely fine. Thats the way the confidence on the stock should be. Alok never crossed 25, but still it is a good stock. It gave me so many opportunities in these three months, I used to buy 3000 stocks of alok, so 2rs profit is too much for me.

Offlate Im betting on ROLTA. I have rotated money around 4 times on ROLTA, sometimes for rs 10 and at times for rs 15 or so. Amazing growth, it started around 40rs in march, now its around 200. Huh....1 lakh in march is equal to 5 lakhs in oct...even after hearing this... you are still so calm and cool...getup and screammmm. If not, then stock market is not for you. You dont have that current in you. The zeaL FOR MONEY.:):):)

No comments:

Followers