Hey All,
I got the following image from my facebook feed and found it to be intresting to be shared here with the TradFi community. The best part about the image that I liked was it displaying the companies speciality i.e. the business they are into and its near about current trading price. Rest is up to us to do our research and pick the stocks one is comfortable investing in. A disclaimer here for now I have not invested in any of these stocks but do have added three of the stocks in my watch list which are:: Adani Power, NTPC [National Thermal Power Corporation] & IRB [Indian Roads Builders]. So now what next?
India Stock Market - Stocks Around Rs.200 to #HODL - My Strategy Ahead...
The plan is to buy fundamentally strong stocks that have fallen recently due to the ongoing Iran – Israel war and market panic. Not only the Indian stock market, but markets across the globe have fallen drastically, including the crypto market. One particular stock that I have investing into is Jupiter Wagons Limited the ticker - JWL. It is a company that manufactures railway wagons, freight cars, and railway components for Indian Railways and private operators. I had also talked about JWL in past where I did mention my reasons for investing in it. You can refer the post here - Stock Market 101:: Continue to Invest - IN Stock - Jupiter Wagons Limited.. and point of bringing this up today is becuase of its trading price today which skyrocketed close to 14% and is trading around Rs.291+.. Will it touch ₹300? Well, I hope so. Let’s see how today’s trading session goes.
Coming to the best part of JWL is that the company is expanding its busines in the electric vehicle (EV) market through its subsidiary, Jupiter Electric Mobility (JEM); which is more on the positive side so expect further good returns in near future. Please note there are no guarantees of price whatsover. It’s better to keep it on your watchlist and make your decision accordingly. I have close to 1200 shares of JWL and I am looking at a profit of 30% before I start booking my profits. Right now, my profit is already touching 10%. If JWL rises further in the next two trading sessions, I should be able to hit my profit goal and start booking profits. One needs to stay disciplined and know when to exit rather than getting greedy. Lets see how things pan out in near future and for now this should be it for todays post on - "India Stock Market - Stocks Around Rs.200 to #HODL - My Strategy Ahead...". I will be sharing more of these examples and insights in the upcoming posts to help you navigate the market more confidently. Stay tuned for more tips on making informed decisions and maximizing your returns.. Happy Investing... cheers
#StockMarket #FundamentalAnalysis #ValueInvesting #LongTermInvesting #FinanceEducation #jwl #hodl
Image Source: Facebook - stock analysis, google finance
Best Regards
Paras
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I have a personal interest in blockchain, stocks, and cryptocurrencies and actively invest in emerging projects.