Best way to make money in these days
In my last topic i have mentioned the increasing inflation alround the world, cost of all metals including gold and crude oil have just skyrocketed, and any prudent person should be proactive and find some other quite way of earning additional income. Of all the additional income making avenues, i agree with some of the group memebers who had sent me private mail, that investing stock market at this low level is very much safe and profitable. Yes, I also agree. Worldwide the stock market has only fallen, while all the commodity market, including all types of commodities and gas and oil are just peaking up like anything. Many including me, who have invested particularly in indian stock market during febrauay in select shares, have earned 20% up sofar in just 2 months. It is also suggested that some more fast upside in some shares which have not participated in the recent uptrend will find its way shortly from monday.
I am sure many indians, iving in quatar invest in indian stock market. I request all those to join this group and share their experience so that we can mutually help each other in making money. Based on an information, i just bought 100 shares of infosys technology, the leader of IT industry, on 11th april at INR1423, just ahead of its annual results and sold them on 17th at INR1646, which just gave me a profit of INR22300, equivalant to around QR2025, in just 6 days of investment, which was just less than INR150k or QR13600. These types of very high return will sure not be quite often but it is possibile at least once a month if one finds it at a very low support level. I agree with one of the group member that if we invest just a small part of our savings of around QR18k which works out to around INR200k, we can make good income in that. At the same time, one should not be too greedy to invest more money in the market or to earn more income from market. Periodically if we book profits in our investment in share market, we can make good money even with this small investment. Many who have invested in commodity market in the last 4 months have just made very big money and all these are approved and legal way to make money and analysts say that the time has now come to stock market. In this way, many would have had good experience and even better
knowledge and ideas on this and i request the group to share their views and their ideas
which will be more helpful to many others. Some may like to ask questions or how to start about, and they an also raise their questions here, which may appear to be just silly or very difficult for the beginners. One member has shared his view to me that that like infosys did last week, Aditya Birla Nuvo shares, above this price level can go up by INR200 in a week to 10 days, if it is able to hold the level it closed on last thursday. I also totally agree. Another recommendation is Bongaigaon refineries.
There are actually three class of people. 1. those who are already doing well in the stock market and commodity market. 2. those whose experence is not good, but know the potential of the stock market in making money and want to improve thier knowledge. 3. those who can easily invest INR200k and enter in the stock market, but have no time to read and understand the stock market, but would like to have the guidance of other experience members. So let us usefully spend time and share our knowledge and the technique to be adopted at the time of investing and help each other in this group. If any one is not interested in this, i still respect and regard them and only request them to keep away. It is not compulsory that every one should participate in this group. It is only for the like minded persons. I dont mean this to offend anyone. My limited aim is, this group should be more helpful to those who seek help to augument their knowledge and regular income.
A few have asked to name some stocks, which they can accumulate. Stock prices is not always one way. when it reaches a level down, it becomes very attractive to buy at that level by many technical analysists, and big buy comes there. This assures you one that that it is unlikely to go donw below that level. Then these stocks to to a level of resistance and when it goes there, those who follow technical indicators, just sell the stocks at that level and the stock prices will come down at that level and it take more time for the stock to go beyond that level, and hence it becomes more wise to sell them at the level of resistance. With that same money, it is better to just invest them in some other stocks which are near the support levels so that it can be sold at an higher level. No stock is good, however big a company it is, when the sentiment turns bad. When market falls, it does not know which is a good stock or which is a bad stock. fall will be just secular, while rise will be stock specific. It is only those who accumulated stocks from 18000 level of BSE index, who were too greedy that they did not sell and the market just went to the level 21300 non stop, and when it fell it just fell down to 15000, making all these greedy accumulators to lose money. Actually they couldhave made big money. being too greedy they lost. So never accumulate stocks. sell them at resistance level. Understand clearly, that the limited purpose of buying a share is only to sell and make profit. It is just use and throw material. If interested to know more, or to discuss in confidentiality as some readers felt since these all are money matters, you can also mail me or come on my yahoo id [email protected] to know better.
kganesh333...Please list 10 Good Companies....
Infosys
Reliance
Wipro
TISCO?
DR Ready Lab?
Cipla?
Tata Motors?
........please expand
With not big sized investment and with just only INR200k, i.e. QR18k, and with the quality of not too greedyness to earn more in the market, which will make you to do lot of wrong moves, and with an outlook for waiting patiently to pick the correct stocks at the near bottom or its support level, one can easily take 75 to 100% return in the market. It is only greedyness to invest more and to earn more and the impatiency in picking the stocks at the low support level, that makes this risky. With these not so difficult qualities to abide by or practice, the return is quite substantial in the stock market
Two things which are more important in the share market, is that we should not be greedy in both i.e. in making more profits and secondly greedy to invest more in the share market. It is enough, you invest just INR200k which works out to QR180k. This is just affordable and definitely not more than this. My advice is concentrate more on picking right shares and on your earnings than on bringing more money into the market. In this way you do not take more risk. And the last but not the least quality is never be addicted to buy often. Be patient to buy stocks at their support level, to make big and fast profit, as at this level more stocks are bought and the return will be fast and big. This is my personal experience.
ooooooh tempting tempting chips chips oh ok wait not those chips! So seriously what does one need to invest into something like this sitting in Qatar? i've never tried all this share market things but i've heard lots about it. So for say a starter like me what would be the best course of action for investing on Indian Share markets.
_[]~SMoKE~[]_
For indians and Non resident indians, it is quite easy to open account. but for non indians, it may require some approval and all. I would suggest non indians also to go to the icicibank, hdfcbank, utibank sites and mail them your request to open an account with them along with the request to open dmat account and trading account. in some cases, they may arrange to get any approval required in the matter. Please let me also be informed their feedback, so that i shall suggest you something, possible.
Share trading can become addictive. I tried it for about 8 months. I managed 75% returns on my investment. Mind you, it was only a small amount. It is very interesting. Later, Iswitched tactics - invest in mutual fund SIP's. Let the experts work for you !!! Its been almost 10 months - the returns are not the same as when you directly trade in the market, but you don't spend time. Just invest and forget.
BTW, when I did trade in the stock market, almost half of my picks went wrong, but I still made money ! Its very interesting guys, but not for the faint hearted and the impatient ones.
The best strategy in any stock investment is - buy into blue-chips and JUST HOLD ! I personally know families who have become multi-karore-pathis by just doing that. If you buy shares in the blue-chip companies and just hold them, they grow and grow and grow. 10 years down the road, you will be sitting on a pretty pile !
Market ?
[img_assist|nid=53652|title=|desc=|link=none|align=center|width=|height=0]
icici bank, hdfc bank uti bank and sharekhan are the best, safe and reliable. you can just go to their site and mail them your interest. they open trading account, dmat account and every thing.
At least appericiate this man for his efforts to write something for the benifits of Qlers ..... Don't forget none of us is perfect !
Kganesh.... Good job buddy and welcome to QL, hope people will share their experience !! I fall into 3rd category... I have some idea of Shares but no time to watch to share market on daily basis ..
[img_assist|nid=53652|title=|desc=|link=none|align=center|width=|height=0]
ICICIDirect is very convenient and user friendly. The CBQ Branch near Al Mana signal processes the papers, I think.
I hope everybody understands that its not as easy as Ganesh says......
Put in money wait 2 to 3 mths and pull out double. One has to monitor the
market, news constantly.
kganesh333...do you buy stocks online?
Q1. I guess you have to have a demat account. So how do you open a Demat
Account in an Indian Branch from Qatar?
Q2. Do you get physical posession of the shares?
Q3. How do you sell the shares from Qatar?
Q2. Could you give me a list of 10 good Companies to invest but
having good long term prospects.
Because I might not be able to monitor the market daily so I could
miss quite a few selling opportunities.
I am an Non Resident Indian. And bank with ICICI.
Let me know first, if you are basically a Non resident Indian who has some personal address in India, or a foreigner, and then I will answer you more.
crimes are skyrocketting, skyrocketting Hotel tarrifs
what a stock headache ( pulling my hair) even if i read this topic 10 times I will not understand anything
kganesh333 I am interested in the Indian Stock Market, I would like to know how I can do it online.
I may not be very good in English. It does not matter at all.
Everyone cannot be good in english, and everyone is good in their own
mother tongue. The limited purpose of any language is to
communicate and make others to understand, unless it is for some
literary contest. It does not serve more purpose. It is not written to show my authority in the language. Even if the language
has some small mistakes, it can easily be better understood even by an average man. The
contents of any material is more important than the language. Those
who think and concentrate more on the subject, may likely to fault in
good English. i accept. Further some people will be very good in English, others may be good in content or matter, but still can communicate to the extent others can understand. I am sure, these forums are more for the contents of the same, than mere English.
hmmm :) thanks u guys.
--------------------
No human can stop racism and its easier to make a deaf hear u than an ignorant.
tsk Xonic just like whole is an adjective by itself when u add the arse to the whole it becomes arsewhole like wise when u add sky to rocket it becomes skyrocket which is a verb :)
_[]~SMoKE~[]_
Skyrocketed is not being used as a verb dear it is actually describing the rise in costs therefore not a verb.
I admit the post could have been edited a little better, but as this is not about english but about investing on the stock market I believe the post is interesting.
"have just skyrocketed..." thats bad english right there... when did a rocket become a verb???
" has only fallen..." why r u using only and why dont you just say "Fell"... instead of the whole thing?
--------------------
No human can stop racism and its easier to make a deaf hear u than an ignorant.
i would actually bother to read this if it was put in a more presentable way..like some line breaks in between, paragraphs perhaps?
_[]~SMoKE~[]_