12/04/2009

we have achieved our goal in Cat I

We have achieved our goal in cat I !!

I started my selections in Category I , from 15 Nov 09 and the net result in this category was negative till 3 Dec 09 which was (minus) Rs. 5,750/-
On 4Dec 09 I posted 3 selections ,viz., Aristocratical(3/1)- win, Ares(8/1)-eachway and Attila(85/100)-win.
Rolling Rs 1000/- on these 3 winners we received Rs. 4000 ---> Rs. 32,000 + Rs.18,000 (place on Rs.8000/-@5/4) ---> Rs.42,500 + Rs. 50,000 = Rs.92,500 –( tax @10% , Rs.100+Rs 1200+ Rs 5000) = Rs.86,300.

Net profit from this exercise is Rs. 86,300 – Rs 5750(previous loss) = Rs.80,550.

Therefore, Cat I exercise is closed because our aim of making a net gain of Rs. 50,000/- from this part has been achieved ,within 20 days…

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