Indian stock market slowly picking up

Its been over 2 years since I did some frequent trading. After that, I stopped observing the stock market as it was not very favorable. This year especially after the start of the new year, I have started observing the market to see a good opportunity to take some returns from the market. The stocks that I already bought have not recovered yet. The current price of those stocks is almost half than my bought price. It will take a lot more time to recover from the loss.

During the start of this year, some of the stocks did really well. I was interested in the Prakash industries. I did a huge investment in Prakash industries as the price of the stock was pumping. To my surprise, the price fell like anything after I bought. As the quantity was very huge, I ended up with huge losses. But this week the price of the stock is slowly recovering. Today I was very happy to see two of my holding stocks pumping.

I have been holding Ganesh Housing for the past 3 years without any major change. I bought the stock when the price was 142. But because of the huge fall in the market in the last 2 years, the price of the stock dropped to the lowest of 29Rs per stock. I did not do anything about it and I was still holding it and observing. To my surprise, the stock pumped really well and the current price of the stock is now around 42 Rs which is almost the upper circuit of the day.

I'm expecting the same pump to happen in the coming days as well. I'm not planning the sell any of my holdings as of now but still thinking of doing some margin trading so that I can make up for my loss. But when I do margin trading I have to be very careful because I shouldn't end up paying anything from my pocket to make up for any of the losses that I incur.

Indian stock market is not very easy to predict and for people who are not very clear about doing a proper analysis, it is pure gambling. I personally feel that trading itself is a gambling activity because no one can predict the price of any stock. Anything can happen for the price to get affected. When there is a change in global situations, the stock market is the first place that gets affected. The stockbrokers also drive most of the changes happening in the stock market. They decide to increase the price of some stock and they decide to reduce the price of some stock. Let's see how it goes.