NareshTedla

NareshTedla Updated 

June 12th 2017 - Open and close are at the lower band of the candle, huge volume and RSI at 30 suggests more pain in Ujjivan. Does it come true? Disc: Invested and biased. Not a solicitation to buy/sell/hold

NareshTedla Updated 

Alicon Castalloys - Heading towards a new high? Based on the price and volume action on June 1st 2017, I am of the opinion that it is heading higher. 1. Close is higher than Open 2. Open and Close are in a narrow price band 3. Higher than average volume 4. RSI in uptrend Disclosure: Invested and biased. Not a recommendation to buy/sell/hold and sharing only for...

NareshTedla Updated 

United Spirits: 1. July 30 2012 - 50 day EMA crossed 200 day EMA at INR 712 and rallied upto 2600 during the next 21 months. More than a 3 bagger. 2. Oct 31 2014 - 50 day EMA crossded 200 day EMA at INR 2725 and rallied upto 4082 during the next 5 months. 50% gain. Same situation is now repeating where 50 day EMA is crossing 200 day EMA as of June 28 2017 and we...

NareshTedla Updated 

Can PAGE break its previous highs and end its 2 year consolidation and move into new territories? - Looking at the volumes of past few days, it seems possible. - GST can help organized sector and can be an additional kicker Disclosure: Invested from low levels and biased. Sharing only for educational purposes and cannot be treated as a solicitation to buy/sell/hold.

NareshTedla Updated 

50 EMA trying to cross 200 EMA is a bullish sign. Last time when it happened around May 20 2016, Repco ran from 635 to 900 in less than 3 months. Does the magic repeat? Disc: Invested, sharing for educational purposes only and not a solicitation to buy or sell.