Hi Tony,
Please send a copy to rajat1 at the rate gmail dot com
Thanks in advance.
Tony,
Please send a copy to joinme.ramesh at the rate gmail dot com.
Regards,
Ramesh
Dear valuepickr’s have uploaded some of the books on google drive which includes Dorsey and Charlie’s Almanack. You can download the books from there.
mail id - valuepickr.downloads@gmail.com
password - share@valuepickr
Please upload the new books and useful data on investing freely there. We can declutter valuepickr.
Mallikarjun,
You have heard my prayer. Its a good way on doing things which are easy for all on this blog. Thank you for acting quickly and decisively.
Tony
google drive Link: mailto:valuepickr.downloads@gmail.com
Hi Tony,
Astral is falling very hard. Do you think it is the right time to get in the stock for longer term. I have around 8% in Astral.
Mallikarjun,
Great job sir. It’s a great service for all of us at Valuepickr. I also have uploaded another great book by Pat Dorsey - The Little Book That Builds Wealth .
Request you or Tony to start a seperate new thread only for book requests and if any one on forum has the book they can upload on the above gmail account.
This will definitely help in diverting the book requests from this great post and we can enjoy Tony’s great posts on Technical Analysis without the clutter of requests for books.
Vijay
Hi Vijay,
It is nice to get back to solving queries. As you know, the markets are getting weaker by the day due to weakness in rupee. This is getting reflected in all stocks and Astral is no exception.
http://chartink.com/pointfigure/ASTRAL.html
Currently the stock has made a double bottom at 540 and next support levels are 530 and 520. If it breaks this level then the next support lies only at 420.
http://chartink.com/stocks/astral.html
The RSI is close to reaching over sold levels. The CCI too has reached -132 and Momentum is down to -40. So all indicators are negative. The stock has broken the 50 day EMA too. The support lies at 200 day EMA at 425 which is again reflected on the PnF charts.
One can watch for some time how the markets react and buy small quantities to average costs. Patience will pay so do not rush to buy.
NIFTY
The Nifty is getting weaker by the day.The support level was at 5600 which looks will crack today.
http://chartink.com/pointfigure/NIFTY.html
The next support is at 5500 and 5400. If these two levels are broken then it can go all the way to 5250. Nifty will be weak as it will trade below the Bullish Support Line.
http://chartink.com/stocks/nifty.html
One can observe from the chart that when Nifty fell below 5850 the 200 day EMA, it started a huge fall. All the indicators like RSI 25, CCI -151, Momentum -352 are in over sold territory. Will Nifty take support at 5500 or 5250 will have to be keenly watched.
Do not rush into buying till one can establish clear support for Nifty.
Tony
It was tedious for you and others Tony. Hence created a common id.
Was waiting for your Nifty count. thanku 
Hi Tony,
In the PnF Nifty chart, isn’t there a string support at 5450? Due to the 3 tops of the X columns?
NIFTY
http://chartink.com/pointfigure/NIFTY.html Link: http://chartink.com/pointfigure/NIFTY.html
…
Tony
Vijay,
I checked for the book in valuepickr gmail account, but did not get it. Can you send me a copy of the same ie “The Little Book that Builds Wealth”.
Tony
Dear Tony the books are in Google Drive. You can directly log in to google drive or log in to valuepickr id and then go to google drive… The icon for google drive is at top row.
We can upload the books directly in google drive…
Tony has sent a bunch of books which can give us company for few years I was unable to upload the same…thanku…
Ajanta Pharma:
Most of us who had invested in Ajanta Pharma must have been a troubled lot with the share price diving so fast and furious. Some took it as an opportunity to BUY while others watched helplessly in fear. There is hope now.
http://chartink.com/pointfigure/AJANTPHARM.html
The stock has support at 800 and then at 780. Today the stock fell to 807 and then crossed 880. With this rise,the stock has moved to X column, indicating a lot of buyers are coming in. On the PnF charts there is no resistance whatsoever on the way up.
Lets look at the EMA’s.
The stock will have resistance at 884 which is the 5 day EMA and then at 955. Let us hope that it is able to cross both these hurdles.
http://chartink.com/stocks/ajantpharm.html
Will keep posting updates on it.
Tony
[quote="onlycastel, post:229, topic:996262942"]
> Another update on the Bullish Percent for 30th July, 2013:
>
> From the chart one can see that the BSE Index has once again become weak. The only support has been coming from FMCG and HEALTH CARE. The other sectors have not been participating. Now these 2 sectors too are nearly overbought and hence correction has started in them too. Health Care corrected a little and now it is the turn of FMCG. This is the reason why the markets are weak. The best opportunities will arise in the Banking Sector when things stabilize.
>
> DATE
>
>> The Bullish per cent readings for July 5 AND 16 are as under:
>>
>> | BSE
SENSEX 100 | 36
>> ---|---
>>
>> The 2 best performing sectors continue to remain FMCG and Health Care.
[/quote]
BSE
SENSEX BSE
AUTO
BANKEX CON.
DURABLE CAP
GOODS FMCG METALS HEALTH
CARE REALTY
30/7 38 30 14 30 9 100 9 53 18
16/7 48 20 29 20 36 80 27 71 36
5/7 39 20 29 10 36 70 9 59 27 BSE
AUTO BANKEX CON.
DURABLES CAPITAL
GOODS FMCG METALS HEALTH
CARE REALTY
39 20 29 10 36 70 9 59 27 48 20 29 20 36 80 27 71
UPDATE AS ON 2ND AUGUST 2013
BULLISH PERCENT
| DATE | BSE SENSEX | BSE AUTO | BANKEX | CON. DURA | CAP GOOD | FMCG | METALS | PHARMA | REALTY |
| 06/08 | 31 | 20 | 7 | 30 | 5 | 100 | 0 | 47 | 18 |
| 30/07 | 38 | 30 | 14 | 30 | 9 | 100 | 9 | 53 | 18 |
NOTE:
Although the Bullish Percent of FMCG shows a reading of 100 all stocks except 2 are showing BUY Signals and are in the X column. All others are in the O column, indicating more sellers than buyers.
SENSEX
AUTO
BANKEX
DURABLE
GOODS
CARE
AUTO
DURABLES
GOODS
CARE
Just an update on the bullish per cent chart readings as on 5th July, 2013:
| Col 1 | Col 2 | Col 3 | Col 4 | Col 5 | Col 6 | Col 7 | Col 8 | Col 9 |
|---|---|---|---|---|---|---|---|---|
| BSE SENSEX 100 | BSE AUTO | BANKEX | CON. DURABLES | CAPITAL GOODS | FMCG | METALS | HEALTH CARE | REALTY |
| 39 | 20 | 29 | 10 | 36 | 70 | 9 | 59 | 27 |
The table above shows that the FMCG Sector is the strongest performer along with Health Care. But if you are a long term investor one can find value in sectors which are showing the lowest reading:
Remember that the numbers represent the per cent of stocks which are exhibiting a BUY SIGNAL.
Update on AJANTA PHARMA:
The Intellectual Property Appellate Board has revoked two of Allerganas patents on medicines for eye-related treatments. This has been done on the basis of a challenge by Ajanta Pharma.
For more on this read the story here:
Let us hope the stock reacts to this news positively on Monday.
As I had said earlier, Ajanta Pharma faces resistance at 945 which is the 50 day EMA. The stock is oversold on the RSI which is at 17 and the CCI at -99 and Momentum at -269.
http://chartink.com/stocks/ajantpharm.html
On the PnF chart, the stock is currently trading in the X column. Chances are that the stock may break this level and move higher if the markets support it.
http://chartink.com/pointfigure/AJANTPHARM.html
The stock is a very strong stock trading above it Bullish Support Line since April 2012 and also above its 200 day EMA which is at 736.
Tony
Good morning Tony,
Yesterday night had posted my intro and first query in technical updates with Hemant .
Have the same queries with you
Your short medium and long term views on Aditya Birla nuvo
And
Any comments and views on
Sunpharma advance research
Zee tele
And
Hdfc
From short to long term
Technically
Thanks and regards
Abhay jain
**Ajanta Pharma **around
La Opala
http://chartink.com/pointfigure/LAOPALA.html Link: http://chartink.com/pointfigure/LAOPALA.html
Hi Abhay,
A very warm welcome to Valuepickr. I will take one stock at a time and try to give me best.
ADITYA BIRLA NOVO:
http://chartink.com/pointfigure/ABIRLANUVO.html
As per the charts, the stock is currently in the O column and has given a SELL signal at 1100 indicating more sellers than buyers. It is very close to the BULLISH SUPPORT LINE(BLUE LINE). It has traded above this line since September, 2012 which is a good sign. If it falls below 1080, the stock will become weak. The next support is at 1020 and 940.
On the upside the stock has resistance at 1180 and then at 1200.
The market dynamics do not look good. There is a short pull back, nothing else has changed. If the markets continue their down ward journey, then this stock too, should join the band wagon on the lower side. My suggestion is to be patient and then take positions. I am sure you will get good bargains at lower price points.
http://chartink.com/stocks/abirlanuvo.html
On the candle stick chart above, the stock seemed to have taken support at 50 day EMA and bounced back. If it falls below 1100, then the next support is at 200 day EMA 1033.
The RSI is trading at 43, CCI-34 and Momentum at -74. There is not much clarity here although CCI and Momentum are in negative zones.
Tony