"ICICI bank is a hot recommendation for trading" please suggest me because i want to invest?

Question

i got information about ICICI bank on http://www.UTVi.myrecourl.com

Answer 1

If you are willing to hold the shares of this bank stock for minimum of at least 5 years you be fine, but to speculate for the short-term gains you would probably get scared out to sell out at a loss by over trading soon or later by lack of knowledge. In other words don't gamble. There are probably much better investments if you continue to look. Do not be in a hurry to invest! Study at least a hundred companies then take the best 8 in different industries and invest equal amounts in each holding for a minimum of 5 years and you should do just fine. Staying away from the most expensive and cheapest shares is the wisest overall investment strategy I can give.

Answer 2

Well i think you can go ahead with it! It shouldn't be a problem. But yeah while you are investing remember there is always some amount of risk involved.

But if UTVi has recommended then it should be risk free.