DCW Ltd 11 Jan 2016 Update

In the last post dated 05 Jan 2016, it was expected that the stock will continue with its up move and here we are at multi year high.

Honestly, I am now super hopeful of the stock price movement. In case similar to above, the stocks normally double or triple in next 1 year.

So, do I have the balls to hold the stocks I already own, the answer is Yes.

The bigger question is do you have the balls to hold on to your position :)


Note: The above is not a research report but information as available on public domain and it should not be treated as a research report. Any information discussed on the blog is for information purpose only. People are themselves responsible for any profit/loss arising on trading on such information.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I have the stock in my portfolio/trading position and hence my point of view will be biased. Readers should consult their financial advisory before any investments.

Warning: Stock trading is high risk activity and can lead to loss of up to 100% of invested capital.

DCW 05JAN2016

Interesting chart for DCW.

In the last post dated 23 Dec 2015, I was expecting a breakout for the stock. Which happened and followed by some small correction along side the markets but the stock did not stop making new 52 week highs on almost daily basis since then.

Currently the stock is trading at Rs29 ie 16% up from closing levels of 23rd Dec ie Rs 25.05.

Trading can be fun and profitable but I am still to take the dip in the holy Ganga :)

Kitna aur dega?
This is hitting another long term resistance around the current levels. If the momentum remains strong we can see significant upside movement.

Note: The above is not a research report but information as available on public domain and it should not be treated as a research report. Any information discussed on the blog is for information purpose only. People are themselves responsible for any profit/loss arising on trading on such information.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I have the stock in my portfolio/trading position and hence my point of view will be biased. Readers should consult their financial advisory before any investments.

DCW Update 23 DEC 2015

DCW is a company in Chemical sector. Recently, the company issued shares to promoters of preferential basis @ 23 per share including the premium of Rs 21 on Rs 2 face value share. Yesterday, the stock formed the 52 week high of Rs 26.2

Technically, the stock has a huge resistance between Rs 25 and Rs 26.7. If the current trend is able to break than we can easily expected gains of 20-30%.

Note: The above is not a research report but information as available on public domain and it should not be treated as a research report. Any information discussed on the blog is for information purpose only. People are themselves responsible for any profit/loss arising on trading on such information.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I have the stock in my portfolio/trading position and hence my point of view will be biased. Readers should consult their financial advisory before any investments.

Warning: Stock trading is high risk activity and can lead to loss of up to 100% of invested capital.