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Q.

Sir,
I am a novice in the field of Share market . Is this the right time to jump in the market/ IF SO WHICH ARE VERY SAFE SHARES AND PL TELL ME HOW TO DISTRIBUTE AND BUY SHARES FOR A SUM OF Rs.1 lakh, I plan to keeep selling every week and make short profits.
Also pl tell me which are the best lowest prices to buy for "L&T" AND SELLING PRICE?

Tags: week, market, shares
Asked by Rajasekar Swaminathan, 20 Oct '07 09:17 am
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Answers (4)

1.

Firs and formost don't JUMP o.k
buy in small lots of 10 shares, on either side of your purchase price for next 20 days , and then start selling these lots, which ever is in profit has to exit your portfolio. Buy only A group shares. Allot only maximum 15000 to a particular company share so you can trade in approximately 7 company ( A group ) shares,
i.e. 15000 x 7 = 105000. Right. Please do not JUMP. You might get injured.
Answered by Shyam, 20 Oct '07 10:27 am

 
  
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2.

as u r a new investor, its better to go 4 long term.
Answered by Manu John, 20 Oct '07 09:19 am

 
  
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3.

dr rajasekar if u r a novice do not plunge into the market

straight. start investing in mutual fund ( equity diversified

funds like reliance vision, magnum global, dsp tiger

and the like ( u can cull information on best performing funds

in the business (stocks live ) page of rediff.com.


in m f also take the systematic investment route, for a year

and after one year u can transact direct in the market.


in the meantime, keep urself well updated on shares

matters by regularly reading the writes-up in

economic time, moneycontrol.com, businessline etc.

and if u r a tamil u can also read regularly naanayam vikatan.


have u already opened ur demat/trading account? with whom?


if u feel like write to me on these aspects


phoenyx108@hotmail.com so that i could offer u

little more guidance from out of my experience

as a friendly gesture only.



s muthusubramanian, retd.chief manager, state bank of india.

Answered by subramanian, 20 Oct '07 04:01 pm

 
  
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4.

Better invest a maximum of 30% of your savings only in stock markets, that too you may reserve 50% of the 30% for Mutual Funds SIP route, you may select Reliance Group, L&T, ABB, NTPC, Power Grid shares. For hotstock tips, you may try,
http://stocktips.internetworksforus.com
All the best
Answered by Netguru ji, 20 Oct '07 09:21 am

 
  
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