GICRE-An insurance stock for long term!
GICRE has given a breakout from downtrend has retested the 200 levels yesterday.
This stock is looking good as an positional bet. SL can be below 175 weekly closing basis.
Targets can be minimum 300 and then above it hold for long term as an investment pick as per your risk appetite.
Stock has good fundamentals available at cheap P/E ratio of 5.2 at CMP.
Stock also offers dividend yield of above 3% and is in business of reinsurance.
Idea shared for educational purpose only.
This stock is looking good as an positional bet. SL can be below 175 weekly closing basis.
Targets can be minimum 300 and then above it hold for long term as an investment pick as per your risk appetite.
Stock has good fundamentals available at cheap P/E ratio of 5.2 at CMP.
Stock also offers dividend yield of above 3% and is in business of reinsurance.
Idea shared for educational purpose only.
Catatan
255 from 210. 20% returns done.Catatan
Minimum target of 300 hit today.Amazing 40% returns in 2 months.
Catatan
Nice consolidation after big rally. Now stock looking set for rally 2.0Catatan
438 from 210. 2x returns done!Catatan
New ATH made by stock today!Catatan
That is why locking profits are important
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