UCO Bank - Long Term Buy Status

I am really happy to say that UCO bank that was recommended on October18th[Price:114] has almost touched 140 Rs.

Assuming that one has invested @ 114 with an amount of 45600[400 shares]

Todays market rate is : 140Rs.
Invested Price - Current Price = 26Rs
Total Profit : 26Rs x 400Shares = 10400Rs
%Return = 22%

Still half more way to reach 200 :-)

Avon Corporation

Hi Friends, after big celebration time its good to be back into money. Recently i bought this penny stock - Avon Corporation Ltd[BSE:532995] its listed only at BSE. This company deals with weighing scales for industries like jewellery, pharma, retail segments, consumer scales, fitness industries, hospitals, hotels, government institutions, and heavy industries. The demand for its products has increased to such an extinct that the Company plans to expand its production capacity by setting up a new plant in Baddi, Himachal Pradesh itself :-)

I bought myself 190 shares @ 5 and within a week it started moving up so bought yet another 400 shares to test my luck and averaged the 590 shares price at 7.40 and now currently its at 9.31

My investment is : 590 shares @ 7.40 = 4366
Current Market Price is : 590 shares @ 9.31 = 5492
Profit is = 1126

If you look at the returns, the percentage is 25 percent and that too within two weeks. Should i exit now or should i hold it for more returns ???

Only time and market could answer this :-)

Its game time

Earlier in one of my posts i have spoken about buying and selling stocks virtually, that is by maintaining a portfolio and cross checking how good you are in stock market. Though they is no wrong in following that method it would be a little bit boring to do all the paperwork yourself. I have been hearing from lot of websites that there are online virtual games which replicate stock market. One among them is provided by my favourite site
MoneyControl

The game is named as Moneybhai Investor, you will be given a virtual cash of 25,00,000 and you can trade only during market timings. You have some basic rules that you can check it on the site, its a pretty basic stuff and anyone can play it just by registering themselves. The link is given below :
Moneybhai

Learn as you Play :-)

Diwali Wishes

Wishing you all Happy Diwali, may this celebration bring more and more happiness and wealth into life.