Need Help in investment

Good evening all..

Before I ask my queries, I would like to tell you that I am a new small scale investor and I had been keeping track of few equities from past few weeks. These equities are from all groups and types (Aluminium/Auto/Software/Pharma).
Now I would like to ask..

1. As a new investor, which all shares I should buy...those having high market price like (BHEL/ONGC/Bajaj Auto/ICICI) or having low market price.

2. Is buying shares from Software sector profitable?....as many have crossed their 52 week high.

3. What are the factors we should see before buying a share?

Please Help..!!!!!

It seems from your post, you are new to the market and a small investor. I would suggest you take the mutual fund route to invest in the markets.

Thanks Rajesh for your prompt reply....
But I don't want to take mutual fund route, I am ready to bear some loss but I need to learn and know the investment technique..

Regards
Yash

Hi Yash,
Then you can go through the fundamental analysis- section. there are many useful articles to get a kick start.

to begin with, u can buy shares whose p/e ratio is less. say less than 8 or 10. if their eps is going on increasing for the past 2 or 3 quarters