Sesa Goa

Today I sold all my old stocks(IFCI, Petronet LNG, National steel and agr., Moser Baer) And I had around 200Rs. Loss.

After selling all my penny stocks I purchased 7 stocks of Sesa Goa @ 3375Rs. After some time it fall to 3326. That was not a part to worry. I am worrying because Sesa Goa has declared a bonus. And it is going to split 1:1. My worry is whether I will be eligible for the bonus or not. I have never purchased any stock before split and this is my first purchase which will split soon.

My plan was to exit from sesa goa today it self. Initially I planned to buy it around 3310 Rs. But it was consistently trading at around 3360. After some time market started gaining some points and this stock was also trading at around 3376. So I changed my mind and purchased at 3375.

Todays Strategy

Today market is down. Following are key factors for market fall.

• From last two days market was dancing on foreign markets trend. Today foreign markets are down.

• Rising crude oil prices.
  

• Inflation is also increased(its now 11.98%. I am expecting it to rise further).

So today I am planning to buy some good stocks like Moser Baer, Suzlon Energy. I already have some stocks of these companies. So today I will average them. I will not buy them in huge quantity as I am expecting market will fall further.

I didnt purchase stocks

Today I came to the office early in the morning.

Today I decided to buy 100 stocks of Tata Power on margin. I had seen the global indices and it were positive.

But after 10-15 mins I came to know that their is no electricity in the office and machines are running on UPS. Their are very less chances that electricity will come early. So I canceled my plan to buy stocks as I will not able monitor if market is going UP or DOWN.

After some time Nilesh came to the office and he purchased BHEL, Adity Birlas More and Tata Steel. He told me that these companies are going to declare their results.

And in the evening he told me that he earned 900 Rs.

Any ways I am not feeling sorry for my move, but I am happy that I took right decision. Market is not a blind game and should not be played on luck. It was his good luck that he earned money.

A good day to recover from previous losses

Today market was green despite of CRR and repo rate hike, so I thought its a good time to exit from BHEL and recover all losses.

So I logged in reliance money, and clicked on Equity->Trade. Their I put stock name, limit price and quantity. And clicked on transact button. Then a confirmation pup-up came, without reading details I clicked on Ok button. And to my surprise I forgot to select Sell option and I purchased BHEL on higher price.

To recover this mistake I immediately sold those stocks with a profit of 8 Rs. per stock. Thank god I recovered from this mistake.

Averaging time again

Suzlon Energy is going down again... I had only 850 Rs. in my account... and I had purchased Suzlon Energy stocks @ 308, so I decided to average loss... so today I purchased 3 stocks of Suzlon Energy @ 275.

So now I have total 6 shares of Suzlon Energy @ 291.93.

Blind purchase

Today I purchased 15 shares of HT Media @ 127.35. It was blind purchase I just checked companies statistics and not products. Mostly I search companies which are having good products. Astra Microwave is one of them.

I found this company can give me good result in the long term.

Their was one more reason to purchace HT Media, I found this stock is undervalued(i.e. it was running very close to its 52 weeks low).

Any ways today it self it's price reached to 132. So at least I am happy for today.

Market is down

Now a days market is down... and i know this is right time to invest... But first I will do my tax saving investment.. As market is down... mutual funds are also down... and I want to take advantage of it.... though market is down, but still stocks which I am watching are not at buy level... so I am thinking to do tax saving first... and after tax saving I will think on to invest in stocks.....

I am watching stocks like... SAIL in steel .... PNB in banking... CIPLA in pharma.... DLF in infra.... and HCL in IT sector....

Averaging the loss

So I decided to recover from this loss. Share price of Astra microwave was 63 Rs. And I purchase them @ 76.9. So I decided to purchase more units @ CMP, so that if I purchase more units then the loss will get averaged.

So I purchased 30 more shares of Astra microwave. And now I have 40 shares of Astra Micorwave @ 69.20. And todays price is 63 Rs.

Still I am in loss, but this time I am not sure whether I have to do averaging again or not?

About my first purchase

About my purchase

After opening DMAT account, I was happy and eager to do trading.... At that time market was in boom.. so I thought this is the only chance to buy, if I miss this time...prices will go higher and I will be in loss if I purchase them on the higher rates.... so I decided to purchase Astra Microwave Products Ltd. and Suzlon Energy...

Why I selected these companies....
I don't know much about trading and stocks... I just gone through company profiles.... And I found these companies can give me good results in the long term.

So I bought 10 shares of Astra Microwave @ 769(i.e. 76.9 rs per share) and I took 3 shares of Suzlon energy @ 308 Rs per share.

And from next day share prices of these companies started coming down..... This was the my first intelligent investment.

stocks

I wanted to invest some money in stock market. So I decided to open DMAT account. For this I studied various DMAT account services. Out of which I selected Reliance money DMAT account service. The reason was simple. Its very much cheaper than other DMAT service providers. It charges 1 paisa per trade, no matter how much shares I purchase.