In the First Part we discussed about the basic facts and pre-requisites of Trading. In this post I would like to list out some shares which I came through recently that has high scope of going up in future.
So once you have decided the good ones start accumulating them and wait for a longer period to harvest the fruits.
But the list varies with time depending on the share market and also on the performance of the particular company.
Recommended list of shares to buy:
- Infosys Technologies
- Tata Consultancy Services
- Punjab & Sind Bank
- Yes Bank
- PTC India
- Coal India
- Divis Laboratories
- Bharti Airtel
- L&T
- BHEL
(Note: The list is not subject to any order or grouped by any sector and is liable to change)
This is my observation after going through the market trend for few months.
IPO:
IPO stands for Initial Public Offering. This is when a company releases its shares into the market. i.e) the lowest price it could ever be. So if you think a share would definitely go up, then better buy it in the beginning itself. For eg: Punjab & Sind Bank's IPO was released quoting Rs.70 approx. Today's value of the Bank is Rs.100.
But how will you be so positive about a share at the IPO stage itself before witnessing the performance ?
Well you have to go through some websites and read few articles and do your part of the groundwork. Or get along and discuss with other investors in forums.
If you have missed to buy a share at the time of IPO but you are still sure of the share's growth in future, keep an eye on it and buy it when the share price goes a step down.
Besides the forum, magazines like Money (Naanayam in Tamil), Outlook Business will help you with the shares you can go ahead and buy.
So once you have decided the good ones start accumulating them and wait for a longer period to harvest the fruits.
Happy Trading!