New in Indian Share market.

Hi friends..
I am new in his forum and new in trading shares.
Trading in share market have always fascinated me and i have recently registered myself with a broker. I will trade myself from my home with little money of 10,000. My interest is to buy the shares of company which are below 20.00 and retain it for some time.
As it is going to be my first purchase I am seeking your help.
1.There are so many experts and analysts in the market I cannot choose among them---can anyone suggest one.
2. Can anyone help me to choose shares below 20.00

Most of the stable and investor friendly companies share price will trade above 100 .... Among companies below 100, your chances of successful investment is very very less ...

When i was a beginner too, i was attracted to low priced stocks .... But, with time, i realized that it is not investor friendly .... The sooner you realize, the better it is ....

Having said that, if you still prefer penny caps, kindly go through the list of companies in our penny cap section which are hand picked (Penny Stock Tips)

Kindly spend some time reading about the company and try to pick companies with 0 debt in the list (Penny Stock Tips)

Thank you ...rmani84

Hello friends.. I want to share my first day experience in share market. I purchased 200 JPPOWER ,125 SUZLON Energy and 50 ALBN shares with my 10,000. The whole day the shares were doing ok. I was making profit of 200 at one point of the day and thought of booking my first profit but at the end of the day I made a loss of 60. I was very upset. But I am happy that I learned the transaction process.
I need some suggestion regarding my choice of shares for today and when to sell them. please mr rmani84

....Bye

Originally Posted by skdc14

Hello friends.. I want to share my first day experience in share market. I purchased 200 JPPOWER ,125 SUZLON Energy and 50 ALBN shares with my 10,000. The whole day the shares were doing ok. I was making profit of 200 at one point of the day and thought of booking my first profit but at the end of the day I made a loss of 60. I was very upset. But I am happy that I learned the transaction process.
I need some suggestion regarding my choice of shares for today and when to sell them. please mr rmani84

....Bye

Suzlon is fundamentally weak (too much debt, promoter stake pledged, in losses) ... Its now above 50 day EMA of 11.2 .... I do not see much upside

Same with JP, fundamentally weak .... above 50 day EMA ... Max target of 21 ...

Whats ALBN ?

Sir, ALBN is Allahabad bank.

Good Morning...
Today I want to invest in BAJAJ HIND for a target of 20.5 and REFLEX REFRIGERANTS for a target of 9. Is it ok to invest in this company.

One more thing sir... If I purchase shares today and see that I have made some profit the next day , can I sell them immediately and purchase other shares immediately? Will the money get transferred immediately?

Can any one suggest me few Small cap stocks which have good prospect in the next six months?

Originally Posted by skdc14

Good Morning...
Today I want to invest in BAJAJ HIND for a target of 20.5 and REFLEX REFRIGERANTS for a target of 9. Is it ok to invest in this company.

One more thing sir... If I purchase shares today and see that I have made some profit the next day , can I sell them immediately and purchase other shares immediately? Will the money get transferred immediately?

Well, i hope you learn soon about investing in low priced stocks ... I am planning to give out my book free of cost soon ... You can read it in PDF format once its ready ...

Yes, on some shares, BTST is allowed (Buy Today Sell Tomorrow) not on all stocks though ... That feature may not be available for penny cap stocks you are looking at ....

You can sell after shares are credited to your demat .... and money credit on sell order will also take T+2 , but you may be able to use the limit to place new buy orders ...