Recent content by NJ78

  1. NJ78

    Stock Study

    This is the daily chart of Alphageo. Prices are up from 414 when posted to 437 as of now. Note the RSI. Results are due 22 May.
  2. NJ78

    Stock Study

    Long term trendline seems to be holding in Sandur Manganese, as speculated. Price rebounded from 895 (when posted) to 941 as of now.
  3. NJ78

    Stock Study

    This is Equitas Holdings on the daily time frame. A break and close above 140.20 can take it till 160 as an intermediate target corresponding to the swing high. When previously posted above 9 days ago, Equitas was trading at 125.20
  4. NJ78

    Stock Study

    Equitas Holdings Prices are currently holding that upward-pointing channel, making higher highs & higher lows over a duration of around 6 months so far. Note that this too is the weekly time frame.
  5. NJ78

    Stock Study

    Sandur Manganese & Iron Ores This stock has been in a steady uptrend since 2016. It has reacted positively at every test of that simple trendline. Price is now back again to the same line. Will it hold? Chart is of the weekly time frame.
  6. NJ78

    Stock Study

    These are all small cap stocks that haven't yet caught much mainstream fancy. It's a space I've been actively monitoring for a while now given the stagnant growth in more well-known stocks. I basically look for fundamentally sound but beaten down stocks in the small cap space that are at a point...
  7. NJ78

    Stock Study

    Pokarna Back in 2017, Pokarna became Ikea's exclusive partner in India in the area of engineered quartz stone. Right now, I'm seeing the beginnings of an uptrend from the proximity of a well-established demand zone. Chart is of the weekly time frame. Disclaimer: Views are for study only
  8. NJ78

    Stock Study

    Charts are from Chartink. It's a free charting site. The chart markings are my own.
  9. NJ78

    Stock Study

    Indian Toners & Developers This is a debt-free, dividend paying company in the niche specialty chemicals space with increased promoter holding, ROCE of 20.74%, PE 7.39 and price equal to book value. On the 3-yr chart attached, check out the extended consolidation over several weeks to the left...
  10. NJ78

    Stock Study

    Alphageo India This small cap company has all the characteristics of a moat given its involvement in seismic exploration & geographical surveying. PE is 5.57, Dividend yield 1.94%, 3-yr Sales growth 80%, ROCE 36.22%, EPS 85.43 for 2018. Financially, none of this company's peers have this kind of...
  11. NJ78

    Stock Study

    Pudumjee Paper Products Another oversold small cap (actually micro cap) stock in the paper space which follows a commodity cycle. Fundamentally, it's a dividend paying company with increasing assets, a steady balance sheet & a healthy ROCE of 14.19%. Technically, it remains to be seen if the...
  12. NJ78

    Stock Study

    Phillips Carbon Black Price is currently holding a significant demand zone on the weekly time frame. Earnings release is expected on 20 May
  13. NJ78

    Stock Study

    Steel Strips Wheels Beaten down stock of the equally beaten down automotive sector. Despite good fundamentals & strong EPS, this stock has been mirroring the decline in its auto peers. However, price is currently at a historical demand zone and RSI is near the oversold region. Going by past...
  14. NJ78

    General Trading Chat

    Is anyone following Equitas Holdings? Following last year's drop in small & midcaps, there was a base building in this stock a the 107-110 level. Post this, it rallied a bit and has been consolidating in a channel for a while now. This channel is part of a bullish continuation pattern and so far...
  15. NJ78

    Zerodha Part 3

    Is anyone facing fund transfer issues with Zerodha today? The amount I transferred isn't reflecting in my account. It's been a few hours so far. I've contacted support regarding this but still to get a proper resolution from them.