Lupin

I have no interest in burning my hands in these cases where the price is apparently resistant to a level

I will enter once the line is breached with good volume

Uptrend under Pressure = Market Bounce

A Sindhi old man in his 70s. Passed away the last year. He never read a book on investing, but whatever he taught me was mentioned in most books I read later.

The reason I love the Sindhi & Gujarati community is the business acumen & the skills they possess.

The reason I loved Zanger back in 2017-19 when I was introduced to his work by my mentor was:

~ no cheat, no pivot, no shakeout, no U&R - nothing

~ simple price, volume chart coupled with earnings

A snippet from a trade he took in the year 2000

Price + Volume + Earnings on…

EI Hotel

The next buy point is 500-505 for this name for me. I am stalking at it now. Seems like a long vacation for me in this name.

Nifty has staged an impressive bounce from the lower end of the channel and is now sitting right at the confluence of all EMAs. I want this area to be pierced to the upside for any potential strength on the chart

Bosch and one simple horizontal line

IFCI - I like this beautiful consolidation so far. Observing

Kirloskar group is catching a lot of eyeballs

wake me up when Kotak crosses 1800 after filling that mega-gap

ICICI and Axis both are stronger than HDFC Bank on the charts

Manual scanning on all the listed names brought Bosch on my radar

From breaking the 50 MA to 14.5% up - interesting

BEML

Silver forms a mini-base before the near-high level. Better if it consolidates before the move.

Just one day bounce won’t change the stance from being a chicken to being aggressive

Need a broader market participation. Yesterday Piramal Pharma was the top gainer early morning in my list & where it closed tells me the same story going on.

Let us see if we get a lot of…

& both have

One simple horizontal line in common

I call all those fancy market breadths dashboards lagging in nature because they all track lagging indicators. Be it a simple moving average, the system is dumb enough to confirm that health is deteriorating only when the number of stocks below 20 MA increases.

False breakouts—I…

Some stocks are not at all falling. That doesn't mean I will outright buy them. I am waiting for many stocks to break out and follow-through to the upside to attract me to the market.