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IIMA_Brat
May 19, 2021 6:43 AM

NIACL at 8% up move & going for 10% Circuit..! Long

NSE:NIACL1D
THE NEW INDIA ASSUNSE

Description

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The secrete to wealth creation is:

1) Investing in great company at fair valuation

2) Patiently wait for the market to discover the true value of this hidden gem!

One such equity is NIACL. Posted way back when no one was talking about it. & I will brag this one after making +100% returns! :D


So far +30% returns done. ... next 70% to go!

Disclosure: Invested.
Fundamental AnalysisTechnical IndicatorsBeyond Technical Analysis
Comments
rohitagarwal1985
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sir what target are you expectin and in how much time frame
IIMA_Brat
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@rohitagarwal1985, Target 1 is 253 (to clear initial capital - thus make it risk free), T2 is 312(for booking 50% of profit) & remain invested with 50% of profit for long term (next 5-10 years) - because Insurance penetration is very low in India, & govt insurance provider could be a great play for long run.

Hope this helps..! :)
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