Already shared few days back.
1 Like
Hello Stage !. I am back, too quickly though ! 
This time for a follow up of few previous posts.
For below names do you think it is of any meaning to analyse their stages at this juncture ?
CMP ~1000, consider January split, its up 2.5X.
CMP ~885, up 2X.
CMP ~725, up 1.2X.
3 Likes
If I were you. I would remain invested in all these names - would check quarterly results to check the progress of the business. If growth keeps coming, why to exit!
5 Likes
Silver -CMP 30.5 (US$/OZ) , INR 92000/Kg.
Can silver go to $ 42 (INR 125,000) in short term and to $ 56 (INR 150,000) in medium to long term ( in 2025/2026) !
If that happens, it would be breaking its 2011 all time high price ( international US$/OZ)
With rising inflation, falling dollar and tense geopolitical situation - there’s a probability.
Let’s keep a watch. No buy /sell recommendation.
Monthly chart with probable EW count !
2 Likes
Risk Management !
Sound risk management is not about avoiding the risk .
Risk- avoidance means returns-avoidance!
If you want to make money , you have to take risk .
But you can’t make money by just taking risks !
You have to do it skillfully.
There has to be a process that should have following 4 elements :
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Risk that you’re aware of !
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Risk you can analyse
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Risk you can diversify
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And risk for which you’re highly rewarded to take
If these 4 necessities are satisfied , then there’re higher chances that you would get some positive outcome by taking risk .
10 Likes
Sharda Corp- follow-up
CMP :2925. long way to go.
2 Likes
Hi Stage,
I wish to enquire about PGEL – is it at stage 3?
It’s up 1X in ~2 months. How much steam do you think it might have left?
Don’t you think everything is running too fast, or is this how it should be once the stages are identified correctly?
If you have patience, anything is possible.
1 Like
A stock closing at ATH is definitely not in Stage 3
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Long Way To Go
In the past bull runs , Sensex has gone 5 X (90-94) to 8X (2002-2008).
In current bull run , if we count from Covid lows , we’re hardly 3.5 X but if we count from Feb 2020 , we’re only 2 X .
So a long way to go if we go by history .( it might not repeat but it may rhyme )
Yes , no movement is in straight line .
14 Likes
DXY Breaking Down
A classic Head & Shoulders pattern on DXY …if it works out …it is bullish for Gold/Silver and Emerging Markets (EMs) Equities (including India)
Let’s wait and see how it plays !
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Some of the good setups , we are looking at wrt technical prespective:
- Mazda -1557
- HBL Power-572
- Triveni Engg.
- Genesys-676
- KSL-1024
- SWAN Energy -718
- Hariom -625
- HSCL -420
No buy/sell recommendation.
10 Likes
Great fan of your work! Can you please share some insight on RIIL based on current patterns
Sorry , we avoid looking at the companies whwere we don’t see numbers .
Just Dial CMP -1035
Has potential to double if this EW count works out.
Need to clear 1152 level (trading zone upper level) strongly as to become a real Stage 2 stock.
Weekly Chart
Disclaimer : Views are personal. No buy/sell recommendations. The projection is based on our technical -probability study methods and chances of success/failure depend upon various factors.
16 Likes
Bajaj Finserve CMP 1630
Are we starting next leg after 3 years of correction!
If yes, then it is going to be very big as per EW technical chart.
Anyone having any deep insights about the company? What can be the fundamental trigger here?
Monthly Chart ( Monthly charts teake 2-3 years to play out)
Disclaimer : Views are personal. No buy/sell recommendations. The projection is based on our technical -probability study methods and chances of success/failure depend upon various factors.
9 Likes
Bajaj FinServ is building franchise after franchise under its umbrella like Bajaj Finserv Health, Bajaj Finserv Marketplace, bajaj Finserv AMC etc. All of these businesses are in the scale up mode right now and has the potential to become very large franchise. Also, Bajaj housing finance will list very soon. Not to mention good consolidation.
Disc - Holding since sub 500 levels (adjusted). 6 years holding and one of the largest allocation.
4 Likes
Bajaj Finance and Finserv follow similar chart patterns since >90% of PAT of Finserv comes from Bajaj Finance. Lot of inertia still in Bajaj Finance, mainly due to RBI regulations.
Nice VCP formed for both these scripts on a weekly chart, breakout can lead to huge gains
Difficult to find such scripts in current bull market
Waiting for quarterly results.
Disc: Not holding Finserv
How did you study all this? Can you share some resources please
Study what? Sorry, could not understand your question!