Will the market start declining again in 2020?
This question must have occurred to each of us. But to be honest, no one can give a definite answer as to how the stock market will perform in the future. We can only guess how much the stock market can go up or down. I will tell you how much you have gained and how much you have lost in the last few days to get an idea of the market. If you think that you will invest when the market falls, and then you will benefit, this is clearly wrong. Never set a goal to try when someone is uncomfortable in the market or your life or business. Going up and down the market is a continuous process.
This year, the market situation is unprecedented. All transactions were halted as the entire country was locked down. The results were also seen in the stock market. The stock market plummeted. Thousands of crores of rupees invested by investors in the market sank. So people turned their backs on the stock market. But in fact, this is the right time to invest in the stock market. Because the prices of good shares are falling. And falling prices for these good stocks don't last long. In a short period of time, they bounce immediately. Then use your investment skills wisely and invest wisely.
Given below, My investment in this lockdown period.
I bought Idea Vodafone for 3.70 paise and sold it for 11.00 paise. We bought shares of Rbl Bank at Rs 121, Rs 114, and Rs 109. The shares were then sold at Rs.200 for each share Shares of SBI were close to me initially, and I lost. However, this time I have taken Rs 150 per share. It is currently held.
The most profitable shares which I brought and sold in a good profit
It was bought at Rs 12.00 in Alok Industries, then again at Rs 33.00. Then they sold all the shares at 52.00, where I got a handsome profit.
Shares of Ruchi Soya were bought at Rs 600 and sold at Rs 1,250.00. This means that even though all the benefits have been gained, some losses have also been incurred.
Shares of BHEL were bought at Rs 25.00 but had to be sold at a lower price due to a lack of funds due to the lockdown. Now the share is at Rs 40.
Below I have given a list of Shares where I lost my money.
Indo Thai share I brought and sold in the loss. Same as for NDTV share brought and sell in big loss.same story for Ashok Leyland. Shares of Vedanta Company were bought at Rs 78. But the company is going to be delisted. Frightened by this news, I sold it for Rs 85, which was my biggest mistake. Now planning an investment for the next three months. So dont lose hope and keep your mind calm while investing in the Share Market.
The share market will help you to learn a lot of things in life. So dont look toward only money. It's an education. First, you try with the practice app of the share market. Then once you get aideaea, go with a small amount. With a minimal amount, you will get a good experience in the share market. And once you are feeling confident, then increase your amount in the share market.
You must be logged in to post a comment.