Good advice

1. The recent bull run is a fantastic opportunity for you to sell-off stocks which have not given good profits (and in the future, have a greater probability of not giving you desired returns). So if you haven't done that yet, please use this to it's fullest.

2. Further investment in stocks should always be on the basis of good investment principles. Some ideas -
> Profit for the yr should be no less than 30 crs with a min of 6 crs per quarter
> Exhibit increased sales and profit growth over last three years
> Sales and profit growth for last 4 qtrs vis-a-vis LY quarters
> Price/BV less than 3
> P/E should be less than 66% of industry P/E (mostly fwdP/E < 12)

3. Always see the charting of the stock. www.bseindia.com and www.nseindia.com have the best charting features i've come across. Note, the support and resistance levels over the last one year.

4. Always have a stop loss for any stock you purchase. (and sell when the stop loss is breached; some Buffett-wanabes may think otherwise)