Friday, 30th November, 2012
Today at 9.20am ,State Bank of India nas gone upto 2158. As decided earlier, we will sell 5nos @2150 ( which we had bought at 2050 on 20.11.2012. See the post of that day.
Here our profit is>> Bought value 2050*5=10250, Sold Value2150*5= 10750, Hence our profit is 10750-10250=Rs. 500/-
Here we have earned Rs 500 on investment of 10250. Yearly returns on investment is within 10 days. We will consider that in one month we get such opportunity once.Then our returns would be (500/10250)*12*100=58 %. Even if we reduce 8% expenses. OUR PROFIT WOULD BE 50%. Is it not great?
Today at 9.20am ,State Bank of India nas gone upto 2158. As decided earlier, we will sell 5nos @2150 ( which we had bought at 2050 on 20.11.2012. See the post of that day.
Here our profit is>> Bought value 2050*5=10250, Sold Value2150*5= 10750, Hence our profit is 10750-10250=Rs. 500/-
Here we have earned Rs 500 on investment of 10250. Yearly returns on investment is within 10 days. We will consider that in one month we get such opportunity once.Then our returns would be (500/10250)*12*100=58 %. Even if we reduce 8% expenses. OUR PROFIT WOULD BE 50%. Is it not great?
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