Any stock suggestions for a first timer

Dear Friends,
I'm new to stock investing and used the mutual fund route all this while. Any stock suggestion for a medium to long term holding. I will be investing 5-10K every month to accumulate stocks

and whats a cmp??

Regards
Dominic

I believe you should start investing in BHEL cmp 1600-1800, Wockhardt (350) and Infosys. Dont invest in midcas or small caps as they fall drastically in odd times and some keep getting locked in lower circuit for many days.

Hi Dominic,

From a long term perspective, blue chips are the best bet. Take the top 2 or 3 players in each sector for planning your investment.

Look at the financials and pick out 5 to 10 top companies in terms of earnings per share. If you look at the stock market, you will see that every company's price fluctuates between the 52 week high & 52 week low. Lets call this the price range.

Once you have your short list of 5 to 10 companies, buy when the stock is in the bottom half (preferably bottom quarter) of the price range.

You will require a lot of patience and you should wait till the entry price is at the right level of the price range.

Sell when the price goes into the upper quarter of the price range. Do monitor news about your stocks ... it is important to know the good & bad news about your stock, the sector, and the economy in general to remain in profit.

This the simplest fundamental analysis of a stock and ideal for a long term investor. Remember, though, long term is a relative term. For example, for a company like Tata Steel or ACC, long term may mean 1 to 3 years whereas for a technology company or FMCG company the long term would be of a shorter duration.

Hope that this makes sense & helps you.

Cheers
Kuldeep

Stay off...for sometime..

Welcome to this August forum.
Buy only when u r comfortable with value and when Market stabilizes(ie shows uptrend and holds)for at least 3 days after a decline.
Regards
Amit

HI DOMNIC,
These days market volatality is more. The upward trend remains for 2-3 days only. Then the market falling drastically & the prices of the stocks coming to its old level. So, in every 30-40 days the stocks coming to its lowest level. So, by watching the movement of prices. We may cash.


pv sridhar

plz send any corrections of my view

Thanks all,
Lavanay,kuldeep, Trader123 ,Amit and Sridhar
The info provided will definately give me a headstart and I will read through as much as possible before taking the plunge.

Regards
Dominic

Buy MICO, BOC for med to long term

Dear Friends,
Going by the above advise
Dabur India 143.00
52W H 239.80
52W L 101.65

Does it make sense to invest below 140 for 1-2 years

Regards
Dominic

Dear Dominic,

It is advisable to wait for sometime till the clear trend emerges, don't be in a hurry, investing needs a lot of patience and also study. In the mean time go through the threads by seniors and also try to explore the fundamental analysis part as it will help you in ur investing matters. anyways members are always there to help you. Feel free to ask ques.

Cheers
Gaurav

p.s. Look for good books to read http://www.traderji.com/books/7194-download-free-e-books-trading-2.html?highlight=books