Hey All,
Its been a while that these post on the Stock Market 101 series got missed out. Normally in these series I talk about stock picks but this time around I will be talking about examples of where I am booking profits with the stocks which are giving me good returns. The idea here is that it becomes crucial to book profits when you are making them, as one may not always exit at the peak. Therefore, we need to make conscious decisions when booking profits and be happy about it. Before we get further a bit on as to why I had invested in ticker - "ADANIGREEN"
Top 3 Reasons to Investment in Adani Green Energy Limited...
Incase you are not aware then let me tell you that ADANIGREEN is part of the Adani Group, an Indian industrial conglomerate known for its involvement in sectors such as energy, resources, logistics, agribusiness, real estate, financial services, and defense. Just look at the different sectors they are investing into and that was my first reason to pick this stock. The second reason was around the profits delivery. The company has delivered good profit growth of 36.1% CAGR over last 5 years. And Finally the third reason was around the improvement over the debtor days, which had improved from 95+ to 53+ days.
Now, let's begin this post with a focus on Adani Green Energy Limited of which I was holding #hodl 20 shares and my average buy price was around Rs. 17622/- check the following image that I captured from my stockbroker App - Sharekhan and this should make things more clear to understand.
As you can clearly see that I had already realized a profit of Rs. 11K+ and this last sell of 10 shares got me another Rs.2K+ profit. So in all Rs.13K+ profit which is not bad considering a time horizon of less than a Year. Right this strategy is working good for me where I;
- First pick good quality STOCKs by doing extensive research
- Accumulate Stocks at every sharp decline; average it out
- Set a percentage profit or an exit price of the stock
- Strictly follow the discipline that I have made And then
- Finally Book profits and Move on to pick other stocks
Well that should be it for todays post on the Stock Market 101; series1 on booked profits with real time examples. 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
Stock Market 101:: Booked Profit - Stock - Adani Green Energy Limited......
#stock #stockmarket #nse #bse #adanigreen #adani #investment #finance #strategy #sensex #indiastockmarket
Have Your Say On the Adani Green Energy Limited; ticker:: ADANIGREEN
Do you invest in India Stock Markets? What are the different criteria you look into before picking a quality stock? Are you invested in the Adani Green Energy Limited? Short term Vs Long Term? Please let me know your views in the comment section below...cheers
Image Credits:: screener, pro canva, sharekhan, zerodha
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.