Today (18th April 2007) My RM called me...

He said he has news that price of (alfa laval) is going to crash so we better sell it off. i agreed to his decision & sold alfa laval for a loss price

    ----------Bought For You---------                          
------------Sold For You-----
   Qty          Rate      B.Brkg     Rate+Brk Security       Qty       
Rate      B.Brkg     Rate-Brk
-------------------------------------------------------------------------------------------------------
                                              ALFA LAVAL       5       
957.0000   4.7850     952.2150
                                              ALFA LAVAL      10       
962.5500   4.8128     957.7372
                        NetAmt: 14,338.45Cr NetQty: 15(S)  NetRate
:955.90
-------------------------------------------------------------------------------------------------------


========================================================================================================
      0            0.00                                       15      
14,338.45
    14,338.45 Cr

Regu. Chrg Rs: 0.58
Security Tr. Tax Rs: 18
Service Tax on Brokerage Rs: 8.82
Stamp Duty Charges         : 1.44
Net Rs: 14,309.61 Cr


But this made me think that can he really handle shares is he helping me in trading  or is he profiting his company (5paisa)
From that moment it came to my mind that i should be cautious & not follow his decision blindly....

On 17th April 2007 my RM (Pritesh) called me..

On 17th April 2007 my RM (Pritesh) called me.. & suggested that I should sell Idbi as there are chances that market will come down & Idbi will fall below my purchase price currently it is at Rs 81.90. As being a newbie in stock market i gave him the permission to sell idbi & the same day he suggested me to buy Alfa laval which i bought at 969.50

----------Sold For You-----
   Qty          Rate      B.Brkg     Rate+Brk Security       Qty       
Rate      B.Brkg     Rate-Brk
-------------------------------------------------------------------------------------------------------
     15        969.5000   4.8475     974.3475 ALFA LAVAL
                        NetAmt: 14,615.2125Dr NetQty: 15(B)  NetRate
:974.3475
-------------------------------------------------------------------------------------------------------
                                              IDBI           140        
81.9000   0.4095      81.4905
                        NetAmt: 11,408.67Cr NetQty: 140(S)  NetRate
:81.49
-------------------------------------------------------------------------------------------------------


========================================================================================================
     15       14,615.21                                      140      
11,408.67
    3,206.54 Dr

My Share Trading Experience Begins on 12/04/2007

I opened a online trading account with 5paisa.com for 555/- rupees. 5paisa(indiainfoline) assigns you a (RM) "relation manager" who helps you in purchasing shares. name of my (RM) is "Pritesh Pandya" With his suggestion. The first share i ever purchased was that of "IDBI" which i purchased at 80.25 I purchased 140 shares which cost me

Qty Rate B.Brkg Rate+Brk Security Qty Rate B.Brkg Rate-Brk------------------------------------------------------------------------------------------------------- 140 80.2500 0.4013 80.6513 IDBI NetAmt: 11,291.18Dr NetQty: 140(B) NetRate :80.65-------------------------------------------------------------------------------------------------------======================================================================================================== 140 11,291.18 0 0.00 11,291.18 DrRegu. Chrg Rs: 0.45Security Tr. Tax Rs: 14Service Tax on Brokerage Rs: 6.88Stamp Duty Charges : 1.12Net Rs: 11,313.63Dr

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