PRAJ Investing Cycle!!!

i invest in Praj, after understanding the stock well.

i entered a bit late as i didn't do the entire research myself first hand. i was more of educated by the market.

so i bought late --> at a higher price -- didn't get the returns immediately--> on the contrary was in the red for some time --> played the waiting game --> Co Performed --> Operators noticed it --> the stock moved up --> i booked premature profits.

Although i made close to 70% in a period of 12 months, the returns could have been better.

Whenver operators pick up a stock and take it forward, they don't just dump it. There may be a temporary halt, however it doesn;t me that there will be retracement.

The macro economic factors were and still are in the favour of praj.. The oil prices were high, the economy was nicely humming. It was still a leader and had orders to execute. Thus resutls were guaranteed at the end of 3 months.

Also i had no other stock listed for investment, this fact easily compounds the mistake i made.

Also PRAJ Showing consistent growth in profits and sales. The stock would continue and Continues to show Command the High P/E ratio.

So growth in stock price would be similar to the growth in profit as P/E is maintained.

This holds for all the sector/stocks that have high Growth.

So from now on .. i need not take decision on whether i have made a profit or a loss. It must be based on evaluation of the macro economic environment and prospects of the stock.

This will help me hoard stocks like infy for long periods of time.. preferably decades.. without bothering me the costs.