rajsingh111

a great stock for long term

NSE:RAIN   RAIN INDUSTRIES LT
111 2 2
this stock is good stock but has high debt. i invested at 128 level and now the stock has moved till 180. I also see that it will go higher as the GST             rate for this product is reducing.

Comment: i made my 2 x. hope if other invested would have made some money as well.
can i invest at this level of 188?
Reply
rajsingh111 sudheer59
@sudheer59, U need to have a view, if it is for short term then i will say no. If it is for long term (2-3 years) then yes. it may get double from this price.

I would also say if the price goes below trend line then you should exit.
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