StageInvesting +Elliot Waves

Dear @StageInvesting ,

Thank you for unique technical skills using stage analysis and EW theories. Also thank you for disclosing many of your picks follow strong fundamental view as well.

There is a stock, cineline India which reentered to movie hall/multiplex business. Would you please look at it and give your views. For me it looks like it reached a support level after much correction.
I am invested in it around 20% higher levels

Cineline India is currently trading below 40 Months moving average.If it closes belw the same on month-end, there can be more correction or it might go in time correction i.e. price may move in a narrow range.
Monthly Chart

Better to change the horses, there’s an opportunity cost especially when new bull market is on.

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Can you kindly share an update on FSL in light of the price action with some heavy volumes in the last few days?

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What is your view on Laurus labs and Tata motors dvr?

Neuland -Follow-up
CMP 2538
Still it seems that there’s lot of scope to go up.

Weekly Chart


Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors

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The analysis posted on Feb 9 still holds valid.

Carysil

Difficult to say whether it is finally out of the woods.

645 ,690-700 , 740 are next watchout levels.
Step-wise Position sizing after closing above these hurdles can be the ideal approach.
Breaking 570 would be the warning sign.
Weekly Chart

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Hi ,

Can you please share your view on ASAHI INDIA … as it looks like a turn around story from here?

Thanks,
Satish

Hi, Any followup on intellect design arena? It has crossed an important resistance and closed the gap…

Fantastic pick on this! Thanks for this @StageInvesting !
Could you share your views on RKForgings and Shilchar Technologies?
Cheers,
Rahul

@StageInvesting
Would be great if you could share your thoughts on ITC as you have it as a long term pick.
Thanks

Hey @StageInvesting, Can you please check if there is a stage 2 breakout?

Hi StageInvesting,
Could you please share your views on Sharda Motors?

Ujiivan Financial Services
CMP 321

Head & Shoulder Pattern Breakout

Can it play out ?

Numbers are good, arbitrage opportunity of 17-18% is still there.

Merger to happen in September.

Weekly Chart


Disclaimer : This post is just an effort for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors

2 Likes

Based on the H&S breakout, the target should be around Rs:550. Is it due to log scale your target is projected till Rs:1100?

Sonata Software -follow-up- shared on Feb 20th
CMP 950

Monthly Chart

Disclaimer :This post is just for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors.

3 Likes

Thank you for all your charts.
@StageInvesting Can you look at polyplex if thats possible?
Thanks in advance :slight_smile:

Added two more stocks in the above portfolio in last few weeks and exited Apar , Data Patterns ,Apcotex.

  • total postions now -21.

Globus Spirit
CMP 950

Our target for very very long term is very big -some very unreasonable number
( if the company keeps performing)

But short term target is near 61.8% retracement of the whole fall i.e 1400

Weekly Chart

Apollo Sindoori
CMP 1466

We look for a 2 X price from the current level.
Weekly Chart


Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors

3 Likes

GPIL
CMP 385

A short term set-up.

It seems to be starting the Vth wave --can give 20-25% gains from here.
Weekly Chart

Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors

2 Likes

Another addition in last few weeks.
Mayur Uniquoters
CMP 525
A Long term Elliot Wave set up is here in the weekly chart.

Disclaimer : Invested and biased.This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors

1 Like