SWFguy

SWFguy

Rs 300,000 Cr Mcap Both the non JIO players have returned -8% this year. Interesting Wave like stock chart pattern. With literally no pricing power and huge Capex every decade, wonder when will this industry make any decent profits. Rs 520 seem to be holding the Fort, once that gives away...its will be a lost signal.

SWFguy

Had a great run up on various kind of rumours. None of them have come true. Search Engine India centric ....hmmm Who uses JD Map ?? If you do, pls buy JD stock.

SWFguy

Global Company which has gone and changed at the appropriate times. After a great run up since Jan 2017 when it was 500, it has given 4.5X in 5 years. Looks like it will take time for a breather now, till the Goga factories start commercial production.

SWFguy

First Target : 600 !! Then there would be a recovery. Final Target: 420 !!!

SWFguy Updated 

They should move together and they are !!

SWFguy

A consecutive 8 month positive closing. Nearly a 200% jump from Mar 20 low. Now its giving signs of exhaustion. My calculation show 320 within 6 months .

SWFguy

After nearly a year long rally (24 march 20 to 16 Feb 2021), Nifty is in a downtrend. It has tried to test the upper band of the channel four times since then. The bottom trend-line however has repeatedly been knocked at. The Red Candlesticks are all over since feb (i.e., Market opens high and closes with more than a 1% drop). March second half was brutal. A...

SWFguy

4 x in less than a year. Mainly on the China story. Be cautious.

SWFguy Updated 

Hospitals should be the best industry in these COVID Times. But Surprisingly Apollo was 1800 on Mar 1st and touched a low of 1080 and now it is 1650. Third listed Hospital is entering the scene after Apollo, Fortiss and now its Max. at the current price still it looks little rich, I would go long around 1625.

SWFguy

Standalone profits for 9 months ending Dec 20 : Rs 33 crore, Macap 4400 cr Consolidated no results for Dec and Mar quarters as yet......even on the company website. Losses Galore ! Fundamentally looks like a basket case and more so because of the 2nd lockdown. However technically looks liker a BUY !!

SWFguy Updated 

NIIT, has been a dynamic stock, which has quadrupled over the last one year. But if one sees the Forest from the trees, its seems that its merely regained the highs reached back in 2008. I feel that it will consolidate here. Very little chances of it crossing Rs 195 and going into new unchartered territory. RSI is high, LT channel is not giving a great rosy...

SWFguy

Great run up since the IPO in September 2016. However since then its trading in a band of 300 - 550. The Chart indicators are weak. There's twizzer top pattern at the current levels. RSI is near the oversold region, so might stablise before crashing. The profit run rate every quarter is flat at 300 crore i.e, Rs 1200 cr bottomline in a year. The market cap is...

SWFguy

Inverse H & S

SWFguy

BSE is no threat to NSE on any possible metric. After NSE's listing, it will benefit only to the extent that NSE will be listed on BSE ! Its in a parallel channel since April. Now at 572, its a buy.

SWFguy

Naukri had a great run from Rs 1600 in March. Its nearly 3.5X in less than a year. It seems an Inverse H&S is being formed. It should consolidate at the 4850 levels for a few days/weeks. The Zomato story definitely has some link here. Coulds be that existing shareholders are selling to apply in the IPO. Nevertheless, it seem sit will consolidate at 4850 levels,...

SWFguy

Long

SWFguy

The spike early in the month from 725 levels should have touched the targeted 850. However it reversed from 844 ! The jump came in after a bumper results. Now it should reverse all the gains of early November.

SWFguy

Head & Shoulder or its Cousin Cup & Handle. Also the early Aug , GAP might work like a spring.