Good long term stocks for buying in Indian share market
Let me list a few good stocks for purchase which may not become the next RIL, but sure will be better than investing in Fixed Deposits. People should buy these stocks and forget for the next 5 years or more and then get surprised how they got so much money all of a sudden.
1) Ispat Industries. Buy this scrip at Prevailing price of Rs.80 and on declines and wait for a long term (minimum 2 years) target of Rs.400.
2) GTL Infra. Buy at Rs.75 for long term.
3) IFCI. Buy below Rs.100 for long term gains of above Rs.1000.
4) Jayaswal Neco. Buy now for target of Rs.400 and above
5) Shiva cements. Catch it if u can at Rs.20 levels for long term valuation of above Rs.150.
Now the question is will all these stocks fare well as predicted. Well there is no guarantee. But look at it. even if 1 fares as predicted, and assume others remain as it is, still you make a lot of money on your investements. Earlier wave of bullishnes was PSU stocks like BHEL and large petrochem like RIL. The next wave of bullish investments will come in infrastructure, telecom, exploration, and Banking and finance. So Buy and forget for 5 years and reap the profits.