04 July 2008

REPLY TO UR QUERIES

@ DINS

As u r new to the markets and there are such dreaded times at the markets the best way for u to start investment is via SIP.All the analysis and technicalities go wrong even for an expert person so u r bound to go wrong.Better u invest in the Mutual Funds via a SIP.And if u dont want to take any risks at all(0%) then u can start a RD in a bank becz the interest rates are high enough.

Inspite of this if u want to invest in the share market then i wud advice u to wait for a while max 15-20 days,the markets ll reach their lowest levels and u can invest wid least risk.

@Ashish

My advice to investors who hav lost large sum of money is quite clear.As far as the Nifty is concerned the max upside in the very short term is abt 4450 provided their is no political crisis on 7th.So in case of essar oil i feel it can reach abt 198 (+ or - 5)if all is well.so i wud advice u to exit ur positions at these levels so that u can reenter wen the markets reach lower levels(wch is bound to happen,in the near future).This will minimize ur losses and maximize ur profits.

Dont try to recover ur losses by playing risky intra-day trades on the advice of anybody,u may lose the remaining sum as well.Be extremely cautious.And one more thing dont go for panic selling at any cost let ur actions b rational and well thought after.

@ Sripal

Wat price range,i mean the company price,do u want?

@Badulla

Keep visiting my blog for regular news and updates. :-)

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