COVERED POSITIONS

M&M: First we went long from 606 to 704
Total profit is. 312 X 98 = Rs. 30,576.00
Than we went short from 701 to 652
Total Profit is 312 X 49 = Rs. 15,288.00
We have completed the trade in M&M and the total profit earned from this trade is Rs. 45,846.00

GE SHIPPING: First we went long from 418 to 433 & Than from 435 to 452
Total profit is 600 X 32 = Rs. 19,200.00
The profit is with taking into consideration of the shorts and swings.

RCOM: First we went short from 587 to 556
Total Profit is 350 X 31 = Rs. 10,850.00

Total profit earned from April 21^st 2008 – 6^th May 2008
Rs. 45,846.00 + Rs. 19,200.00 + Rs. 10,850.00 = Rs. 75,896.00