Thursday, October 20, 2005
First footsteps in Stock Market......(updated)
Events Yesterday.....
- Stock Market down by over 100 points. Goes below 8000 mark for first time after 9th Sept'05
- A certain Mr. Gaurav Gupta (happens to be myself) sees it as an opportunity to invest
- So the first ever dealing on my ICICI Direct account happens.
- Buy the stock. AHH a decent size of amount from my salary account gets transferred to trading acconut and gets invested.
- The stock is on a rise defying the falling market.
Events today.....
- Markets open strong, over 100 points high than yesterday.
- Keeps going high, coincidentally my stock also reaches day high (and i just keep holding it)
- Market starts fluctuating, same behavior depicted in my stock
- Market goes down again and again and again (by around 116 points) and my stock also goes down.......
- Market starts recovery, but is still below yesterday's mark, my stock is still
fluctuating, but I know it will be back.....
Feel like purchasing more....but don't want to invest more money atleast for now.....trying on reinvesting the already invested money over and over again.
Wishing it a speedy recovery and hoping my stock comes back to normal and goes on a speedy rise.......
This article gives hope.
Update: Booked my first loss in one of the two investments made and moved on to third stock after selling first. Hoping to get the right mix asap...
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2 comments:
Karna padta hai.....u start once and its so addictive....but its interesting and fun....
yaar ye..stock market ke funde mein kabhi life mein samajh paungi..dont' think soo..n really amazed hw d u do that??
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