StageInvesting +Elliot Waves

Covered it two times…it is going as per old projections.
Please go to serach function and type the company name (in this thread), we might have covered the company.

Superb analysis on BEML stageinvesting sir! Stock doing exactly how you analyzed sir!
Disc - Invested.

Hello sir,

Polycab has moved quite a bit in the last few months,

Would appreciate your views on the same sir.

can you please analyze VST tillers? It looks like it is in wave3 now in weekly time frame.

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Lumax Auto Tech
CMP 390

Part of our very long term portfolio.
First covered it in July 22 - when the price was at 200.

Now nearing equality target of wave 3 - almost 2 X in a year.

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Hello @StageInvesting, I did not notice Ultramarine, Intellect n Muthoot Cap in last PF update. Have you exited or they are still in but in different PF. Also if you can shed some light on how do you allocate, max allocation in single stock and criteria for higher allocation to any particular stock. Thanks in advance.

2 Likes

SAIL
CMP 95

Have crossed first trading range, will wait for it to give a weekly close above the 2nd trading range (TR 2) and then we can confirm that it is proper stage 2 and calculate the targets of Wave 3 as per EW.

Weekly Chart

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So can we consider Hind copper is in better situation than SAIL?

Hello @StageInvesting, can you please analyze VST tillers? It looks like it is in wave3 now in weekly time frame.

From where this statement comes from ! We have only put the chart of SAIL !

Why comparing a banana with an apple !

can you share your views on Sundaram finance holdings please…

Sir, any reason why you would want to wait for a 2nd confirmation in SAIL if the 1st TR gives a big breakout? Would that normally be the norm or it is for this case only? Asking from learning perspective. Many thanks!

It is all about position-sizing .If you wanna build a long and big position , then you don’t go all in at one time. Better to wait especially if you can see some serious overhead resistances.

3 Likes

Got it. Thanks again sir.

Hello @StageInvesting ur view on iifl finance chart?

Hi Sir , …

Can you provide your views on Aditya Birla Fashion Retail ltd

How is HBL Power & Welspun Corp placed currently?

Tks for selfless help being provided by you to numerous VPers.

HBL Power
CMP 211
Well we covered it first in Feb 22.

As of now it is in wave 3.

Long way to go …off course we all know that no uptrend is in straight line.
Weekly Chart

Welspun Corp
CMP 321

Well, the chart is not so clean from EW prespective . But it still looks bullish.
In short term, come down to retest the levels of 295-300 , but afterwards it should continue its journey to at least 528 as first level (yellow line)
Monthly Chart

Disclaimer -
This post is just an effort 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

4 Likes

ABFRL
CMP 209

As of now a hopeless chart.
Below 40 WEMA as well as 40 MEMA …and so many nearby overhead resistances.

It will require huge volume buying from MFs to show any uptrend .

Weekly Chart


Disclaimer -
This post is just an effort 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

Chart is good from long term prespective . But one should wait for fresh entry , may get bit cheaper.