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?
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.
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
email@example.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.
All the best