NMDC is the safe Investment

in F & O need strong trade set up .....
that is not so easy .....

in my 29 years experience , i read so many books , back testing , so many sleepless nights
i faced ....average 12 hours above hard work for so many years some times disappointments and failures
some times Little advantages , at last i will reach my satisfactory levels ....

 

Than

That is what hard work is called, that's why you are making money in FnO. Everyone knows that someone is making money but don't realize the how much he had to travel to reach at that so called 'ACHIEVEMENT' mountain.

Thanks
Ajay

 

On my saying 'Most of the people may know the correct time to enter into the stock however almost all of them don't know the mean time to exit'
who knows these entry and exit will be the 'ACHIEVER' rest of them are 'SATISFIERS' ---etc

LOL don't take it serious.

 

Only 5% of the total investors knows exact entry and exit price.

 

NMDC is a deep cyclical stock in nature. Investors must enter with 3-5-7 years horizon

 

Sunny That's why you must focus on valuations. If you know valuations they entry and exit is easy

 

The dividend yield is very good. I will keep as like fixed deposit.

 

Trading is for creation of capital
.
Investment is for maxmising capital

 

NMDC is a good stock since 2011 but no profit since then only capital errosion.

 

The OP says all the pros for NMDC with pointers like Govt. owned, index stock, dividends, etc.

MMTC is a similar company. Look at it's historical prices and decide for yourselves if it has created wealth. The wealth created was for the operators who took to astronomical heights with less than 1% free float. When the Govt. came with a FPO - the merchant bankers gave a 2 digit pricing to sell the issue while it was trading close to a 150 bucks.

Buying in at 92 levels and expecting it to be a good dividend yield stock with appreciation with no risk (suggested for retired/risk averse investors), make your own call.

 

Yes Investing in this stock NMDC is very good as dividend yield is high and it will give good returns as dividend,even a fixed deposit has less interest this stock is a treasure safe investment.

 

Today NMDC price at Rs.122.25 (+4.71 up)

 

i m having 100 shares @@135 from jan 17