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.
Hi Jiten, In the same space of ICIL, Sintex Ind what is your opinion on Trident as they have just completed their major CAPEX.
Which charting software is this, appreciate if you let us know.
For a genuine breakout volume must go up. That does not seem the case till now. However it may follow.
Seems like a flag breakout…also RSI is in positive direction…bullish Directional Index crossover…
Also MACD about to make a bullish crossover…
But still not supported by volume…
One should wait for MACD Crossovers and volume pick up…seems like stage is just beginning to set
Sector reports for Reference
GPIL, Prakash both have given super returns. 5x and 3x. Still holding both. Q3 will be stellar,
what are the next cyclicals you are playing on ??
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.
can you please tell which companies are producing ig iron in India.
Thanks and regards
Iron Ore biggest producer is NMDC…which is PSU
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., China’s largest producer, received the order Monday to stop output for at least a week before a further assessment based on local pollution levels.
Hi, could you pls explain on how you arrived at this assessment? Would be a good live lesson on TA
Does gvk ,gmr fit your investment rationale…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.
excellent call mehnaz today it broke out with heavy volumes as per your assessment
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.