Tips for investing or buying TGV Sraac Ltd. stock:
1. Recent performance and technical position
Q2 FY24-25 performance: The company has shown profit after 6 quarters, which is a positive sign.
Last year return: The stock has given a negative return of -11.46%, while the market gave a return of 7%.
Technical view: The stock is currently in a sideways trend, i.e. there is no sign of sharp rise or fall in the price.
2. Invest for the long term when:
The fundamentals of the company are strong.
There is progress in business expansion or new projects.
There is growth in the entire chemical sector.
Long term target: ₹120-₹150 (in 3-5 years) if the company's profit increases.
3. For short term trading:
Buy level: You can buy between ₹95-₹98.
Target price: ₹104, ₹110.
Stop loss: Below ₹94.
. Do's and Don'ts:
Monitor the stock regularly.
Watch out for any big news or announcement.
Keep your investments diversified.
Don't invest all your money in a single stock.
Avoid buying based on rumours.
Tips:
If you are investing for the long term, check the performance and fundamentals of this company carefully.
For the short term, follow the trading plan (stop loss and target).
Stock market is risky. Consult your financial advisor before taking any decision.
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