StageInvesting +Elliot Waves

Sir,
What do you think about Jyoti Resins. Even after very good result it is falling.

Shreyas Shipping
CMO 266

As projected.


Disclaimer : 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

Hi…can u share chart of Punjab chemicals? It’s testing 2018 high…Any price at which price erosion will end?

RK Forging
CMP 365

We like the chart though we don;t know much about the company.

If the company keeps delievering and is in something special, the following chart may work out.

This is quarterly chart , hence things may take months/years to play out.

Keep in consideration that most of the times we don’t go with daily/weekly ups and downs …we wlways try to take a monthly /yeary view ( we’re not traders and we don;t encourage trading).


Disclaimer : 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

5 Likes

We gave our view few days back.

Also before that we gave our view on March 10th when it was trading at 942.

It is a generic products company and like most of the other generic players , it is a cyclical stock.

2 Likes

Our view remains same as earlier.

Polyplex- there’s a news that it is on sale . These kind of companies are different type beasts ,hence difficult to project by the chart although chart looks positive (may be due to rumors)

1 Like

We’re long term bullish on the stock, it is part of our portfolio. Would post if anything changes.

1 Like

Asahi India
CMP 461

It is still in correction mode.

It can go to minimum level of 422 (40 months moving average ) and upto 378 in worst case scenario before starting its upward journey.
Monthly chart


Disclaimer : 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

Sanghvi Movers Update
CMP 427
First shared in July 22 - about 10 months back. Price was 228.
Like said several times before, we don’t post charts for short-term movements.

Giving a multi-year break-out - after 8 years.

Let’s keep a track on where it goes.

Monthly 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

4 Likes

It broke 80 levels where i expected the fall to get arrested at 82-85 range. Exited with leaving only tracking position

How do you see tata motors as it looks like turning for good.

Please provide your thoughts and analysis on amrutanjan healthcare.

1 Like

Hi, Could you provide update on GOLD chart? As it reaches below 63DEMA in dollar terms.

Thank you.

@StageInvesting - wanted your view on NTPC and Power Grid. And Lykis you had told previously not to bother about investing - but i feel the new management has done successfully turnaround and stock has broken ATH.

Sir what is your view on Expleo Solutions? What does the long term chart look like? Invested from 2017 onwards

Also any view on LIC Housing Finance. Holding it from 2018-19 onwards. Still at a loss. If you can shed some light on this also it would be really helpful

Thanks for the sharing the input.

Walchandnagar Industries Ltd in stage 2?

Good volumes on break out.Mansfield strength above zero and 30 Week MA sloping upawrds.

2 Likes

Portfolio Update
Out of the above 22 positions, we have exited Apar ,Bosch,Borosil Renewables ( off-late did not like the speed of the movement )

Replaced them with the following :pray:

Apollo Sindoori
Arman Finance
Suryodaya Small Fin Bank

So total positions remain same.

Sorry that off-late ,we are not posting any charts . We keep giving our portfolio -updates like above time -to-time ,hence no new charts to share.

And as they say, when the tide goes up even the stones start floating , hence in this tide-scenario it does not make sense for us to use our expertise here.In a bull market, everyone is genius.

14 Likes

Latest Update :June 7th
1.PB Fintech
2.PayTm
3.ZenTech
4.Sonata Software
5.Sandur
6.Ujjivan
7.Equitas
8.Dynemic Products.
9.Aarti Pharma (special situation )
10.Glenmark
11.Apcotex
12.Camlin Finechem
13.Mahrastra Seamless
14.Newgen
15.Wabag
16.Neuland Labs
17. Cochin Shipyard
18. Arman Fin
19. Suyodaya
20. Apollo Sindoori
21 Angel One
22. Swaraj Engine
23.Car Trade
24 .Xpro

Last 4 are new additions.

Removed : Data Patterns & Intellect

Keep in consideration that many of the old names are already up 30-40 % from the date of sharing 1st portfolio on March 31st , hence some correction is expected.

4 Likes

Keeping a list of few real estate and metal businesses in watch-list , plan to add at the right time -waiting for DXY to turn around.