I got a question on my mail asking for some tips for new traders. Some time back, I had written a post on the same. Here's the link to it.
If you have any questions on trading in general or financial planning/mutual funds in India, please send them on positiontrader @ ymail.com (no gaps!) and I promise to get back to you. I was myself helped by a few good folks when I first started trading, and its just my way of repaying that debt.
Take care and good luck!