Longterm investments in 2022 June Stockica

The markets have corrected significantly and there are many opportunities available right now but we believe that this recession is going to impact more than the previous ones so we have shortlisted 3 stocks that are fundamentally strong and could give amazing returns to long-term investors.

Before we get started if you plan to invest in these stocks do make 3-4 installments so if these stocks dip further you can get more for better pricing! Never fetch all your eggs in one basket – That means do not put all your capital in one single stock!

Tech Mahindra: 43% Down from life high looks like a great margin of safety for longterm investors.

Asian Paints: 25% + Dip from an all-time high for this amazing stock looks ideal for investors who plan to buy and hold!

BAJAJ FINANCE: 33% Dip from an all-time high, another great stock for longterm investments

These companies have corrected significantly and are either in the oversold territory or are about to approach it. Although most of these stocks can touch their 200 Moving average we believe it is a good time to put in your first investment installment and take it from there!

The 200-day moving average is a line that shows the general direction of the stock price movement over the past 200 trading days. When the 200-day moving average line crosses above or below the price line, it’s a good time to buy or sell stocks. The longer the stock has stayed below the 200-day moving average, the more likely it is that the current price is the bottom of a trend.

Coming to our broader markets the current trend seems a bit bearish traders should be cautious before taking long positions and make sure to follow strict risk management to avoid big setbacks.

Here are 5 BLUECHIP STOCKS THAT ARE IN OVERSOLD TERRITORY that we covered in our previous blog, they are also great picks at the moment.

Disclaimer: The views and investment tips expressed by experts on Stockica.com are their own, and not that of the website or its management.
Stockica.com advises users to check with certified experts before taking any investment decisions.​

By John Morrison

Mastering the markets one step at a time 📈 | Digital marketing maestro 🌐 | Merging trades with trends | Elevating brands & portfolios

One thought on “3 Amazing Bluechip Stocks For Longterm”

Leave a Reply

Your email address will not be published. Required fields are marked *