What are some of the best investment hacks while purchasing stocks?
Answer: Are you buying a stock and looking for a target and stoploss? It should be the other way round.
- Check for a cheap and performing stock Fundamentally.
- Check technicals for better risk reward ratio.
- Invest blindly and wait for 3 to 6 months.
You should not invest in a stock just because you know the stock or just because its a largr cap and keep doing risk management on it.
Fundamentally check for its PE ratio, PB, Profitability ratio, valuations and understand how it is placed among peers. If it is cheaper by 30-40% to its peers and has good profitability ratio, it will soon attract investors.
Current Price of Balaji Amine: 620. Returns 87%.
Returns: 35%. Upside potential 20%.
Please share and comment your thoughts on best investment hacks.
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