Tuesday, May 08, 2007
India Stock Market Update 08 May 2007
Do I still continue in the market, yes. I believe that the market is taking some time to gather momentum, and should shoot up. However, everywhere I read, the same articles - May is the month when people are away from the stock market, May is the month when everything crashes. Makes a person half want to believe all this and stay away.
The only change I make is that I watch the market more time per day, something that is not advisable. After all, we have other work to do, and unless a person is full time into the market, this is definitely not a good idea.
Stocks that I am currently tracking:
1. Hikal Chemical Industries: Rs. 409
2. Asian Oil Fields: Rs. 61
3. Indiabull Real Estate: Rs. 352 (risky)
4. Avery India: Rs. 58
5. Adhunik Metalics: Rs. 47
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