this is just to provide a technical update on the stocks i track:
1). ajanta pharma - nice 3 wave correction from the highs with positive divergence forming now at the lows. could be up for the end of the correction or atleast a bounceback.
2). arshiya intern - reaching similar oversold levels where it has bounced back in the past. also sitting at the lower end of its trading range for last 1.4 years
3). astral poly - its in a very strong 3 of 3 uptrend. i would not stand in front of this train.
4). atul auto - very overbought on daily charts. could enter a correction/consolidation phase
5). balkrishna - in the last leg of the downtrend. correction could either be over or could be about to get finished.
6). granules - correction is over. trying to create the base for the next upmove. a quick re-test of the lows couldn’t be ruled out
7). cera - in a 3 of 3 uptrend, same as astral. being bought on every dip by investors
8). hawkins - stock has broken out after forming a good base. currently overbought so could consolidate for some time. but trend remains strong so any correction would be short
9). kaveri seeds - again in a 3 of 3 uptrend. negative divergences are beginning to set up but strong uptrends have ways of shaking off these divergences by either moving sideways or giving a quick and sharp correction followed by an equally sharp bounceback(e.g. mayur, kaveri, astral etc)
10). mayur - last leg of 3 of 3 uptrend. could see 500+ before any significant correction
11). page - an investor’s delight. has been moving in an upward sloping channel for the last 2-3 years. currently in the middle of the channel. results tommorrow could decide the direction
12). thangamayil - broke out of 1 year long consolidation between 145 and 185. in a very strong uptrend. making higher highs on the RSI as well as price in every upmove.
disc : these are my personal technical thoughts. i may have interest in one or all of these. these are not recommendations to buy or sell. please do you own analysis before buying/selling.