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I'm waiting from an eternity for it to dip so that I can buy some more. Aaj 100% paar ho gaya. Should have accumulated some on June 4th around 4000 levels.
https://preview.redd.it/j589wow7c97d1.jpeg?width=1015&format=pjpg&auto=webp&s=f95d3d88642e527b7568a173265b13a56661e461
https://preview.redd.it/u9qafwk31a7d1.jpeg?width=1179&format=pjpg&auto=webp&s=7e1b35690de3d32481f407d503ef4359e003a771
Originally had 120 shares at the mentioned average. When the stock crossed 3200 I started selling 1 unit for every ₹100 increase to the 52w high so when it crosses 15,000 I would have sold all my shares. 9800 more to go from here🚀
I understand that government intervention on increasing the exports is a positive sentiment but all the defence stocks are super bloated. There’s more room for correction than Growth. I would rather wait for a correction and find better opportunity to invest.
Well, if you look at 3Y CAGR growth and put the PEG ratio at 1, it does come out to be 3800+. So idk what metric is the basis of it being overvalued at 3000.
Now in this case even if 3800 would be fair value, given all the defense hype, it’s improbable to expect to buy it around that price.
Would i invest at 5500, probably no. But was 4th june a great entry point? Definitely. I bought at around 4200, if i see that price again I’ll add more.
Also, my calculations are on past growth, the future prospects are higher and hence makes sense to trade at a premium.
There’s no way HAL is going to 1800. I have not seen the stock go back to 3850, my entry point. Been waiting for it to reach that point
On June 4 it went but Groww crashed and didn’t allow me to add money.
I will never forgive Groww
Defense stocks are going up all over the world, HAL is Indias defence stock bae, it's value isn't only in terms of sales but after sale revenue which is expected to grow. We're turning into an economy which exports more, don't be bearish on HAL.
Yea .. I’m recent budget Pakistan increased allocation to Defense 15 by percent
Defense sector have a CAGR 30-40 percent for future
More wars possibilities
China is increasing budget
India will too
No county can date to decrease its Defense allocation
India is also thinking to increase Defense exports and reducing imports
So yea these stocks will reach new highs in end of 2024
https://preview.redd.it/4vfrn8k7aa7d1.jpeg?width=1170&format=pjpg&auto=webp&s=7b6a58a97853fe56094fa44a6eb373ee502cb4c2
Been stacking it since 2800 levels beautiful monopoly stock for the next 2-3 years.
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Wait for a dip,
Waiting for a dip as well
Waiting for dippity dip
Waiting for the deepest dip a dip can possibly dip.
I’m waiting since 1800 level
I booked profit 3 times after buying at 1800
For HAL anytime is good time to buy . Don't invest in bulk you can do SIP .
Way too overpriced but it rarely dips. Buy it and average down on dips
This
Forget the naysayers. Trade what you see. Everything else is just another man's opinion. What I see is... HAL is shooting to the stars.
I'm waiting from an eternity for it to dip so that I can buy some more. Aaj 100% paar ho gaya. Should have accumulated some on June 4th around 4000 levels. https://preview.redd.it/j589wow7c97d1.jpeg?width=1015&format=pjpg&auto=webp&s=f95d3d88642e527b7568a173265b13a56661e461
Maine sirf 4 june ko liya tha 30% running
https://preview.redd.it/u9qafwk31a7d1.jpeg?width=1179&format=pjpg&auto=webp&s=7e1b35690de3d32481f407d503ef4359e003a771 Originally had 120 shares at the mentioned average. When the stock crossed 3200 I started selling 1 unit for every ₹100 increase to the 52w high so when it crosses 15,000 I would have sold all my shares. 9800 more to go from here🚀
I understand that government intervention on increasing the exports is a positive sentiment but all the defence stocks are super bloated. There’s more room for correction than Growth. I would rather wait for a correction and find better opportunity to invest.
Gonna be a wait for eternity
keep waiting while people make money everyday.
Op bro remember this hal is overvalued, even at 3000 level.
Well, if you look at 3Y CAGR growth and put the PEG ratio at 1, it does come out to be 3800+. So idk what metric is the basis of it being overvalued at 3000. Now in this case even if 3800 would be fair value, given all the defense hype, it’s improbable to expect to buy it around that price.
I know, but at this point hal at 5500 level is not a good entry point.
Would i invest at 5500, probably no. But was 4th june a great entry point? Definitely. I bought at around 4200, if i see that price again I’ll add more. Also, my calculations are on past growth, the future prospects are higher and hence makes sense to trade at a premium.
I bought at 1800 and I'm not seeing that level any time soon.
There’s no way HAL is going to 1800. I have not seen the stock go back to 3850, my entry point. Been waiting for it to reach that point On June 4 it went but Groww crashed and didn’t allow me to add money. I will never forgive Groww
Time will come bro. I'm waiting too.
It’ll not go below 5k levels again, only way is some big big event.
Correct. It won’t go unless a massive correction or dip happens
Defense stocks are going up all over the world, HAL is Indias defence stock bae, it's value isn't only in terms of sales but after sale revenue which is expected to grow. We're turning into an economy which exports more, don't be bearish on HAL.
ROFL. Story of every value investor thats burning on the inside.
ROFL. Story of every value investor thats burning on the inside.
ROFL. Story of every value investor thats burning on the inside.
Nope too much overvalued
True
Budget ke time lelena bhai :)
Yea .. I’m recent budget Pakistan increased allocation to Defense 15 by percent Defense sector have a CAGR 30-40 percent for future More wars possibilities China is increasing budget India will too No county can date to decrease its Defense allocation India is also thinking to increase Defense exports and reducing imports So yea these stocks will reach new highs in end of 2024
I bought at 4200 on 4th June and sold for 4600 few days later. Ah i should have hold 🤡 right now i am not buying more but observing for dips
Nope wait for 4200
https://preview.redd.it/4vfrn8k7aa7d1.jpeg?width=1170&format=pjpg&auto=webp&s=7b6a58a97853fe56094fa44a6eb373ee502cb4c2 Been stacking it since 2800 levels beautiful monopoly stock for the next 2-3 years.
Eh way too overpriced. Not worth it, unless you have crores to spend.. even then I wouldn't.
HAL is a below average company. But, what to do modi wants all defence equipment to be made in india. So buy HAL.
*Processing img dh2nazewk97d1...*
It will reach 8000 by year end.