How to bring ihe new product in the home page in magento

i am using
{{block type="catalog/product_new" name="home.catalog.product.new" alias="product_homepage" template="catalog/product/new.phtml"}}

in my home cms

At last I found the solution

{{block type="catalog/product_new" name="home.catalog.product.new" alias="product_homepage" template="catalog/product/new.phtml"}}

this code is work fine but I had some misunderstanding. I have solve it to go

Catalog > Manage Products edit or add a product go to the general -> Set Product as New from Date and set a updated date then you can see the new product in your home page.