Thread: Sensex and Crude Oil Prices

Crude oil prices seem to be going down on account of sluggish economic situations and consequent decrease in demand. No one is now predicting $200/- per barrel.

Today, the market reacted satifcatorily (up by 336 pts) and we have seen steady gains in the past week. I hope that this trend is here to stay. I have lost considerably (nearly 1.5L) since highs of Jan, 2008.

However past trends have showed that bear runs usually last for over 14/15 months. That make me gloomy.

I was planning to enter the market when the sensex was swinging around 12k but this damn Income Tax dept has uploaded some incorrected details on my Pan Card which delays the opening of my D mat AC and now when I have sorted everything the market is around 15 k

Everyone has a reason to be

Its still not too bad.. Just start picking slowley with every dip. You will still make a lot of money if you start investing at these levels just dont put all your money in at once.. Invest at a very slow pace and only invest when you see large dips.

Originally Posted by Admin

Its still not too bad.. Just start picking slowley with every dip. You will still make a lot of money if you start investing at these levels just dont put all your money in at once.. Invest at a very slow pace and only invest when you see large dips.

Thanks for the advice Admin, I am keeping a close eye on some of the stocks
Do you have something in mind, any particular stock???

best buy for a begginer??
just opened my demat acc..

It wont be wise of me to name any stocks as for instance if I say x stock is good it doesnt mean you can pick it up at any price and like wise it also depends on your investment horizon and what percentage you are investing in equity and your apitite for risk.

I can list out the stocks I am holding right now but that doesnt mean all of them are good to be picked up as I am myself stuck in some stocks whcih I picked up at very high levels.

The best thing to do would be start gradually and diversify your portfolio and pick up atleast 2-3 best performing stocks from each sector if you plan to stay invested for more then 3 years.

Its Discipline in investing which makes you reap good profits in long term... do not ever make hasty decision... TACT as they say ... which means T before ACT ... dont ever buy a stock on rumours or news... have a cup of tea before you get your feet wet

Do not invest all your money ... As a rule I never invest more then 3-4% of my total worth in any given stock to keep the risks to a bare minimum... and I always keep some cash so that I can cash in on a market crash as and when it happens and thats what saved my sorry ass back in January.. Normally people dont have money to invest in such times as they put in all they have in the market without realising that Indian stock markets crash atleast twice every year althought the intencity differs from time to time.
Its also a good idea to invest a small percentage in good diversified mutual funds which have been doing well for more then 10-12 years and have a proven track record.

Advice taken :1: