Commodity and Cyclical Plays


(vishwa7000) #308

Thank you Jiten, Can you spell your rationale for investment in Ashapura minchem, Why do you think they will do better in future barring one off loss due to contingent liability.Just to increase my understanding about the stock and learn from you.


(Mehnazfatima) #309

update on Copper price in Indiaā€¦


([emailĀ protected]) #310

Hi Jiten, In the same space of ICIL, Sintex Ind what is your opinion on Trident as they have just completed their major CAPEX.


(vishwa7000) #311

Hi Mehnaz,
Which charting software is this, appreciate if you let us know.


(Saji John) #312

@Mehnazfatima Is this a valid breakout?


(Agarwala) #313

Hi
For a genuine breakout volume must go up. That does not seem the case till now. However it may follow.
Regardsā€¦


(Saji John) #314

Thanks @Agarwala vol seems to be picking up


(arun10dec) #315

Seems like a flag breakoutā€¦also RSI is in positive directionā€¦bullish Directional Index crossoverā€¦
Also MACD about to make a bullish crossoverā€¦
But still not supported by volumeā€¦
One should wait for MACD Crossovers and volume pick upā€¦seems like stage is just beginning to set


(malayruparel) #316

https://www.alphainvesco.com/blog/jpc-report-steel-sector-2016-17/


Sector reports for Reference
(Jiten Parmar) #317

GPIL, Prakash both have given super returns. 5x and 3x. Still holding both. Q3 will be stellar,


(Mehnazfatima) #318

I think the following chart is more appropriate for Hind copperā€¦


(ramanakasireddy) #319

sir
what are the next cyclicals you are playing on ??


(sushruta) #320

@Jiten Sir,

I am holding GPIL since last 2 months, but it has run up a lot too fast. How do we decide when to sell? Since, selling timing is also important in cyclicals, how do you analyze it. Please guide.


(Ashok) #321

Jiten,

can you please tell which companies are producing ig iron in India.

Thanks and regards


(Ram Pratap Singh) #322

Iron Ore biggest producer is NMDCā€¦which is PSU


(Amit) #323

Copper rose to the highest in almost four years as Chinese officials stepped up pollution-fighting efforts by halting processing plants.

On the Comex in New York, copper futures gained for a 14th day, the longest winning streak in more than a year, to post the highest closing price since January 2014. Jiangxi Copper Co., Chinaā€™s largest producer, received the order Monday to stop output for at least a week before a further assessment based on local pollution levels.


(Shivkumar S) #324

Hi, could you pls explain on how you arrived at this assessment? Would be a good live lesson on TA


(Jose) #325

Does gvk ,gmr fit your investment rationaleā€¦both are heavily debt laden.slowly reducing debts. Airport vertical doing well.All of a sudden there is kind of an aviation boom and their airport
Vertical looks poised for a good growth.and we have news from airlines everyday abt buying new planes .and all the airports seems to be running at max capacity.


(Deepen Thakkar) #326

excellent call mehnaz today it broke out with heavy volumes as per your assessment


(Saji John) #327

Excellent call @Mehnazfatima, this time it is backed by increasing vol and news flow. Though the ban on copper smelting(China)is only for a week, not for mining. Some observers are expecting reduced mining in China due to extreme winter there. Could @jitenp throw some light on the sustainability of this rally.Thanks in advance.