The market went down today following some report of falling industrial production. I was following the advice given on CNBC and had bought some of the recommended stocks, but none reached their targets.

So is it going to be the same tomorrow? To escape from loss, I've taken delivery of the stocks today so can anyone give me a rough idea of what price to expect tomorrow?

The shares I bought were (NSE prices):

Jkpaper, target 73, bought at 71.00 X 200
Dt - High - Low
12--63.65--61.05
11--63.4---61.1
08--63.25--58.25
07--62.6---56.75

Edelweiss, target 68, bought at 62.50 X 200
Dt - High - Low
12--63.65--61.05
11--63.4---61.1
08--63.25--58.25
07--62.6---56.75

Castrol, target 530, bought at 515.00 X 20
Dt---High----Low
12--590.10---498.00
11--508.8----485.1
08--508.5----494.1
07--515 ------503

Castrol opened at 590.10 on NSE and fell straightaway, so I thought it will at least go up ten rupees. But on BSE, its high price is 516.60, and if you look at the online stock chart on NSE, it shows the high in the graph as 516.70. Is it some kind of error?

Please advice.

.

If making money was as easy as just following what an "expert" recommends, everyone would be a millionaire now.

The funny part is that most of the so called "experts" aren't even millionaires till now.

It is essential to listen to those who have more experience or those who know more, but in the long run, you will make money only if you learn to think for yourself.

I have no idea. I will look at the charts and post my view later.

However, keep in mind that in most cases, it is very very difficult to predict stock price movements in the extremely short-term (less than 5 trading days) or extremely long-term (more than 5 years).

590.10 was a stray trade. Such opening trades mean nothing and should be ignored.

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