Wednesday, January 29, 2014

How we made 10% gain in 2 days

Whomever I discussed about the stock market today were really scared about its high volatility in Nifty and NSE equities especially rate sensitive . Yesterday  on policy meeting RBI continued its "surprise" policy decision.  The word surprise was the most used term to describe the RBI policy. I searched the meaning of surprise. I found it means "To cause to feel wonder, astonishment, or amazement, as at something unanticipated". 

 Dear trader  who told you to anticipate, no one asked you to speculate on RBI. Even the Governor warned about these kind of speculation.  Excella trader advised it clients to keep away from rate sensitive like banks and real estate shares. Lets don't go further about RBI policy, watch how we gained on Policy day and next day.

Lets watch our trades on these 2 days 


28-Jan-14                    
TATAELXI 3.50%
GLENMARK 1%
HUL 0.88%
29-Jan-14

TATAELXI 1.96%
BPCL 1.29%
DABUR 1.67%


Above was our calls made to customers. Total gain was 10.29%. We never looked at the overall market. In fact we forgot to read the main news of last day.  

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