Whats the best way to find out which stocks to buy during the pre-budget season? What are the factors to take?

Question

into account while doing so? I am a short term investor. Maximum period 3-4 months.

Answer 1

http://www.crnindia.com/allfutures.htm
Visit the list before budget day and see which stocks are in up and down trend. Those in up trend can be purchased and sold later. For more info roam other or same site(s).

Answer 2

Generally the sectors that are likely to get benefits from the Union Budget 2007 will be the flavour of the stock market. Keep observing the sectors like - automobile - which is expecting an Excise Duty cut there by reducing the end user prices of cars. This effectively means the benefits are passed on to customers awhich in turn leads to increased sales / profits.

Answer 3

It has been proved several times by several people that market timing or stock selection does not really give overall wealth increase.

Even great investor like Rakesh Jhunjhunwala told "one should not time the market".

However, if you still want to get carried away by media and want to time picking stocks then do at your own risk.

Otherwise just keep on investing in big companies in Index funds.

Indian markets have changed drastically and it is now controlled more by foreigners who operate on different principles and budget hardly matters for them. Now Indian markets react to global events and not to Indian budget.

Answer 4

If you're a short term trader, then technical investing would be something you enjoy. All you'd need to do is use your technical indicators to determine when you want to enter or exit a trade. Also you might like trading derivatives, which offer more leverage, lesser risk and more profit, if you know what you're doing and know how to trade them.

Answer 5

I can email you this information.