Mar 2010 started thing off with a strong rally in Global markets and Indian markets was no exception, FII’s pumped in 18,833.60 Crore in March 2010 but domestic Mutual Funds remained net seller to the tune of 3,806.40 Crore.
I’ve presented you guys with only three trading Ideas this month which were traded but positive thing was that all the trading strategies gave us profits.
In the March I’ve decided to earn profits without taking aggressive risk, we made positions in Nifty Future when trend looked certain so we remained cautiously optimistic whole of the month.
well, here is my evaluation of trading strategy given, for all the trade details head over to http://niftystrategy.com/trading-strategy/
Here are the details -
I am assuming that one has invested Rs. 1 Lakh as capital.
1′st trade was an BTST(Buy today Sell tomorrow) trade which returned with 15% profits.
2′nd trade was an spot on Intra-day Short trade which gave us 7.5% return.
3′rd trade was also an Intra-day Long trade which awarded us with 11.25% profits.
So total compounded return for the month Mar 2010 remains at 37.5%
So now at the end of the month we have accumulated profit of Rs. 37,500 on the invested capital of Rs. 1 Lakh.
please note that i have not included brokerage charges and other taxes so actual return will be a bit less then what it is given here.
Disclaimer: Trading/investment in stocks, futures & options are subject to potential market risks. Anyone following my recommendations here, will do so on their own risk, and myself or the writers of this blog shall under no circumstances be liable for any special or consequential damages resulting from use of materials or recommendations provided in this blog.