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SOS Update: +44K

Deepak Shenoy1 min read
Quick Facts
What is "SOS Update: +44K" about?
What category is this article in?
General
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 21 August 2008.
How long does this article take to read?
1 min read
What topics does this article cover?
ShortOnly

I’m on a short vacation for the next three days so this is the weekly SOS update (the first, really).

  • ICICI down to 640 levels, a profit of 21K on the 5L deployed.

  • Unitech at 159.55, a profit of 22K on 5L.

  • Overall there’s an M2M profit of 44K.

  • It’s too early to say if this stuff is good or bad. Have to wait a few months.

Have a good weekend. And inflation is at 12.6%.

Disclosure: I know it’s repetitive but I have to do this - I have a short pos on the Nifty. Don’t trade this please, it’s only for educational purposes. This is not portfolio advice.

Tagged:ShortOnly