Do you play the stock market

lambuhere1 · 19th May 2009, 08:34

SGX Nifty Up 250 points.

Will there be another freeze today ?

mclarenracer · 19th May 2009, 09:03

faster it will rise in next 2 days, harder it will fall on global cues over the period of next 2 weeks. but in longer term view Indian market just became stronger than ever before. yesterday(in my opinion) was more of a short cover than new money for longer term.

loving_alaap · 19th May 2009, 12:58

IMO, market will settle around 12K after 2 wks, following profit booking & global cues.

ntomer · 22nd May 2009, 10:49

My portfolio is in black after a looooong time - about 16-18% profit. Time to sell about half my stocks, and re-enter whenever the corrections happens.

\N

sabret00the · 23rd May 2009, 00:24

Quote:

Originally Posted by ntomer

My portfolio is in black after a looooong time - about 16-18% profit. Time to sell about half my stocks, and re-enter whenever the corrections happens.

\N

Same here. It's been like after a year I'm seeing overall portfolio at xx% gain. The stocks which mainly pulled my portfolio up were:

1) Aban Offshore bought @ 233.900 and 229.000
2) Axis Bank bought @ 284.500
3) Everonn Systems bought @ 85.000
4) Jyoti Structure bought @ 76.500
5) Siemens bought @ 214.000
6) Punj Lloyd bought @ 109.650
7) Suzlon bought @ 33.700 , 33.800 and 52.100

Among the losers I'm still holding there are heavy amounts of the following stocks which is bringing my joy down a lot:

1) Ranbaxy bought @ 448.350
2) Reliance Petro bought @ 232.860

BaCkSeAtDrIVeR · 25th May 2009, 10:40

Here is something Mozilla / Firefox / Iceweasel users here will find interesting.

13 Firefox Extensions Every Investor Needs : clipclip

SLK · 25th May 2009, 12:39

Quote:

Originally Posted by sabret00the

Among the losers I'm still holding there are heavy amounts of the following stocks which is bringing my joy down a lot:

1) Ranbaxy bought @ 448.350
2) Reliance Petro bought @ 232.860

Ranbaxy MD resigns and the share goes up 20%, but still not enough to help you.

penpavan · 6th July 2009, 16:20

So where are we headed?

Any thoughts/predictions?

lambuhere1 · 6th July 2009, 16:23

My bookish knowledge tells me that if nifty closes below 4144 or less, then we can see a target of 3800, worst case 3600, to close the gap formed when congress won the elections.

Still on fishing lines, waiting for the fish to bite

kannan666 · 6th July 2009, 16:50

Well, the Nifty has closed today at 4165.7 and the Sensex at 14,043.4, desperately hope that we will not go down too much further from here !

UniqueMods · 6th July 2009, 17:41

Quote:

Originally Posted by lambuhere1

My bookish knowledge tells me that if nifty closes below 4144 or less, then we can see a target of 3800, worst case 3600, to close the gap formed when congress won the elections.

Still on fishing lines, waiting for the fish to bite

1+.

Sensex is expected to go down further 1200 points in a week's time. then is should stabilize and follow world market trends.

Today's loss was a overachieved profit correction loss.

still -ve 860 points in one day hurts.

*** I am a active trader and not a Expert Adviser. ***

UM

rajivanoj · 7th July 2009, 20:48

Could anyone please tell me, how to trade stock online. I want to invest money directly in stocks and earn, since i have lost my money in unit linked plans from bajaj allianz and idbi fortis, i need to trade online, but i am confused how to start and where to start.

Lots of companies to offer Demat, and brokerages, but i am confused which is best. But i know the working of stock, the thing i need to know is how to be online, individually.

muralisk · 7th July 2009, 21:31

Quote:

Originally Posted by rajivanoj

Could anyone please tell me, how to trade stock online. I want to invest money directly in stocks and earn, since i have lost my money in unit linked plans from bajaj allianz and idbi fortis, i need to trade online, but i am confused how to start and where to start.

Lots of companies to offer Demat, and brokerages, but i am confused which is best. But i know the working of stock, the thing i need to know is how to be online, individually.

You need to open a online trading account which would integrate with your savings account and demat account. I have this with HDFC Bank and HDFC Securities. I have had a great experience with them. Apart from this, you have many other options. Please explore.

Am glad that you had realized that the ULIPs are bad and are a major rip-off. Good to know that you would like to invest in equities. Having said this, I would assume that you are aware of the nitty gritties of selecting the right stock and investing in it.

I would recommend you read the following books for all you need to know about stocks and before you really put in your hard earned money:
1. "The Intelligent Investor - The Definitive Book on Value Investing" by Benjamin Graham, updated with new commentary by Jason Zweig
2. How to Think like Benjamin Graham and Invest Like Warren Buffet by Lawrence A. Cunningham
3. One Up On Wall Street by Peter Lynch with John Rothchild

MileCruncher · 12th July 2009, 07:19

I feel the Sensex is still trading at level higher than what is justified by the present policy changes and the scenarios. Any idea by when are wee looking at any correction?

penpavan · 12th July 2009, 08:21

Quote:

Originally Posted by MileCruncher

I feel the Sensex is still trading at level higher than what is justified by the present policy changes and the scenarios. Any idea by when are wee looking at any correction?

The trend will now be mostly influenced by the global scene. The correction, if any more, should happen till another 8-10 trading sessions.

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	396	32.25%
26 - 50% -- I have a few stocks.	550	44.79%
51 - 75% -- I'm an active trader.	201	16.37%
76 - 100% -- Hey, I'm an i-banker!!!	81	6.60%
Voters: 1228. You may not vote on this poll

19th May 2009, 08:34	#1186
lambuhere1 BHPian Join Date: Oct 2005 Location: @ Driver's Seat @ Posts: 708 Thanked: 106 Times	SGX Nifty Up 250 points. Will there be another freeze today ?
	() Thanks

19th May 2009, 09:03	#1187
mclarenracer BHPian Join Date: Oct 2006 Location: Seattle Posts: 115 Thanked: 11 Times	faster it will rise in next 2 days, harder it will fall on global cues over the period of next 2 weeks. but in longer term view Indian market just became stronger than ever before. yesterday(in my opinion) was more of a short cover than new money for longer term.
	() Thanks

19th May 2009, 12:58	#1188
loving_alaap BHPian Join Date: Sep 2007 Location: Ahmedabad Posts: 808 Thanked: 9 Times	IMO, market will settle around 12K after 2 wks, following profit booking & global cues.
	() Thanks

22nd May 2009, 10:49	#1189
ntomer BHPian Join Date: Jun 2005 Location: New Delhi Posts: 643 Thanked: 134 Times	My portfolio is in black after a looooong time - about 16-18% profit. Time to sell about half my stocks, and re-enter whenever the corrections happens. \N
	() Thanks

25th May 2009, 10:40	#1191
BaCkSeAtDrIVeR BANNED Join Date: Jun 2007 Location: Kochi Posts: 2,522 Thanked: 752 Times	Here is something Mozilla / Firefox / Iceweasel users here will find interesting. 13 Firefox Extensions Every Investor Needs : clipclip
	() Thanks

6th July 2009, 16:20	#1193
penpavan BHPian Join Date: Oct 2007 Location: Blore Posts: 452 Thanked: 227 Times	So where are we headed? Any thoughts/predictions?
	() Thanks

6th July 2009, 16:23	#1194
lambuhere1 BHPian Join Date: Oct 2005 Location: @ Driver's Seat @ Posts: 708 Thanked: 106 Times	My bookish knowledge tells me that if nifty closes below 4144 or less, then we can see a target of 3800, worst case 3600, to close the gap formed when congress won the elections. Still on fishing lines, waiting for the fish to bite
	() Thanks

6th July 2009, 16:50	#1195
kannan666 Senior - BHPian Join Date: Aug 2007 Location: KA-02 Posts: 1,002 Thanked: 128 Times View My Garage	Well, the Nifty has closed today at 4165.7 and the Sensex at 14,043.4, desperately hope that we will not go down too much further from here !
	() Thanks

7th July 2009, 20:48	#1197
rajivanoj BANNED Join Date: Mar 2007 Location: Coimbatore Posts: 398 Thanked: 52 Times View My Garage	Could anyone please tell me, how to trade stock online. I want to invest money directly in stocks and earn, since i have lost my money in unit linked plans from bajaj allianz and idbi fortis, i need to trade online, but i am confused how to start and where to start. Lots of companies to offer Demat, and brokerages, but i am confused which is best. But i know the working of stock, the thing i need to know is how to be online, individually.
	() Thanks

12th July 2009, 07:19	#1199
MileCruncher Senior - BHPian Join Date: Jan 2009 Location: MH01 Posts: 4,235 Thanked: 592 Times View My Garage	I feel the Sensex is still trading at level higher than what is justified by the present policy changes and the scenarios. Any idea by when are wee looking at any correction?
	() Thanks