Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
quite true
by xyz abcs on Aug 28, 2007 09:18 PM

i have just entered the stock market and i have a few tips that could be of some help:

1. buy when the market crashes:
the other day, tata steel fell by some 15% over two sessions. that seemed way too much for a bluechip company, so i bought tata steel the very next day and saw an appreciation of 4%

2. look out for positive news:
blackstone recently bought a 50.1% stake in gokaldas exports for 275 and it was trading at some 220, so i promptly bought gokaldas shares and saw it rise by some 8% the next day.

ive invested around 1 lac and ive already seen a growth of about 16000 Rs in the last couple of weeks. i just hope i can keep this up. i dont really listen to stock analysts, i just look for common sense.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Beware of the buy recommendation