If you have time to notice Market during result season, you can easily earn handsome return from Stock Market.
Today I have earned profit of Rs. 54,905/-
Summary:
(1) Invested Rs. 20,050/- in Call of UPL limited on 29-April (Friday) when it had submitted good Q-4 result. Today Stock jumped 10% and earned Rs. 37950/- (189% return).
(2) Invested Rs. 15,215/- in Put of ICICI on 29-April (Friday) when it had submitted bad Q-4 result. Today Stock moved 4% down and earned Rs. 7310/- (48% return).
(3) Today (3-May: Monday) L&T Finance Holding Limited Submitted good Q-4 result. Bought and sold Future for small change and earned 8800/- (Approx 10% return on investment of 84000 margin)
Regards CA Nagendra (SFM Faculty)
CAclubindia
