detailed feb update:
1). ajanta pharma - as discussed earlier, the stock had started itsmajor 3 wave from 400 which carried it to 650+, the correction that followed was a quick sharp minor 2 which corrected 50% of minor 1. the stock has now started its minor 3 wave higher which should take it to 700 eventually.
2). arshiya intern - broke down from the long term range and collapsed since then. would need a lot of consolidation/rally to correct the long term chart.
3._astral_poly - consolidation in the 350-400 is over now with a closing high today. stock is in a fifth minor of major 1 and should rally to 475-500 over the next few months. a more pronounced correction should follow then. this stock has been in a major 3 of primary 3 uptrend and is a perfect example of what 3 of 3 waves can do. the stock has rallied to a fresh life time high despite the smallcap carnage.
4). atul_auto_)- as expected in the last update, the stock has been moving sideways to allow the moving averages to catch up. 50 ema is now at 187 and should provide strong support in any correction. expect the stock to rally to 250+ after this correction is over.
5). balkrishna - stock is testing 200 ema now after a long sideways consolidation between 250 and 300 over the last year or so. conclusive breakdown below the lower end of the range could make the stock slip to 170.
6). granules - stock broke through the 200 ema on the downside and i recommended an exit then at 146. the stock has since corrected to the 76.4% retracement level of the entire previous 2011-12 uptrend and is trying to form a base there. if this level is held, the stock could attempt a rally to 200 ema at 144 again.
7). cera - continues to consolidate above the 100 ema while it goes through time correction. close above 445 should trigger the next uptrend.
8). hawkins - stock tested 100 ema and has now found support around 2150-2200 region. should spend some time forming a base here.
9). kaveri seeds - 50 ema continues to provide support and nothing suggests that the uptrend is over. as long as the stock holds 1175, the uptrend continues.
10). mayur - stock seems to have broken from its long consolidation in the 460-490 region which now seems like distribution at higher levels. stock is now heading towards 200 ema at 390-400 region which should be an excellent buying oppurtunity.
11). page - stock broke down from the channel and tested 200 ema for the first time since 2009. stock should find a base here before attempting a new uptrend to 4000+.
12). amara raja - testing 50 ema at 280 again. should spend some time consolidating between 280-320 region.
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.