17th August

• 100 Easun bought for 238 ps.
• 3 paradyne sold for stcg of 6/-.
• 1000 torrent cables bought at 200 ps.
• 97 paradyne bought at 223 ps.
• 1000 paradyne sold for ltcg of Rs. 150,000 /-.
• 1000 jindal hotel bought at 54 ps.
• Cash in trading account = Rs. 3,37,000/-

Thus Position of OD account : 2500 Torrent cable, 1000 Jindal hotel, 12000 cash

Withdrawal request placed for Rs. 337,000 / - from Reliance money. money to be used for purchase of car and other miscellaneous expenses.

16th August 2007.

• The 225 Paradyne purchased on 14th Aug was sold for a profit of Rs. 450 /-.
• 846 paradyne bought for Rs. 213.2 ps and sold for Rs. 223.8 ps , making a profit of Rs. 9075/-
• 1000 Torrent cables bought for Rs. 198.45 ps.
• Cash in Trading account= Rs. 366000/-

TRADING STRATEGY

• Always remember, when you are trading using funds from the OD account, that it is borrowed money.
• Trade using strict stop losses and profit protection limits.

paradyne

• Current account overdrawn by Rs. 50,000/- on 14th August.
• 225 shares of paradyne bought @ 221.10 per share.
• Balance in a/c : Rs. 5,06,000 /-

OVERDRAFT ACCOUNT WITH HDFC

• cURRENT ACCOUNT OPENED IN HDFC BANK ON 13/8/2.007
• All KVPs and NSCs pledged with HDFC bank.
• Overdraft limit of Rs. 5,56,000 /- received in return.