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So should I buy Tesla or too late ?
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Bowl Leader
If you’re a newbie, my 2 cents
Never invest in a stock just coz the price low and has big name attached.
Coming to RPOWER, Fundamentals are not strong for reliance power, in loss since last 3 years, losses are expected to be more due to shortage of coal, poor sales growth, promoter holding is reducing, high debt
Currently the stock is moving from 12-18, so for short term could be a good swing trade. If you want to take position for long term, don’t take big positions may be 1-3% , u can increase ur position after it breaks out 20-22+. If you want to invest in power sector, tata power, power grid are better options
Yes i was looking for power sector as EV is booming. I'll look into tata power and power grid and other stocks related to EV that you know as of now?
And thank you for your guidance
Bowl Leader
If you’re looking for EV sectors, you also consider amara raja, exide etc. but be aware that it will take atleast 4-5 years to streamline things, so ur horizon should be more accordingly . For more ideas in EV space you can check this smallcase shares
https://www.smallcase.com/smallcase/electric-mobility-SCNM_0025/stocks