Return of the Reliance Power with other Stocks

i come across another stock and it seems to be going to make move on upside , On hourly chart it seems Graphite India being accumulated , Fellow traders your opinions on this this stock



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when i was studying Asian Paints charts , it seems Asian Paints has done its downward Trend , on Daily chart with increasing volume Asian Paints prices are moving up , despite of , lot of competition & Negativity Asian paints price is moving up :thinking:

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thanks for sharing this. Ive also been running a new algorithm to estimate the intrinsic values of certain stocks and compare them against their current market prices. Of course it’s still a work in progress and will require further refinement over time and with more experience. Your views on the stocks my model has picked: BPCL, BANK OF INDIA, INDIAN BANK, KARUR VYSYA BANK, and SHRIRAM FINANCE. I notice theres a concentration of PSUs but I did filter them further to these. Its somewhat of a contrarian approach, but I’m curious — how do you see these stocks performing over the next 6 months to a year? @TIMEFRAME

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in paints section, check out AKZOINDIA. its a microcap. looks good for investing, atleast few years though risky like everything else

Personally I would nt go for asian paints right now as I see too many resistance ahead. of courseif you have the patience thats a different story. By the way, you were right about RP earlier :slightly_smiling_face: so yes go for it if you’re confident.

my view: I feel the downtrend has only just started :sweat_smile:.
If possible try cross-verifying this with your algorithm to ensure its not a trap before entering.


for momentum trades my algos op for today is below.
Have a look and see if theres anything you find interesting to trade.

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Thank You :slightly_smiling_face:

Yes i too think , level2500 was a resistance & Asian Paints reversed back, but again Asian paints being accumulated and will reach again 2500 but the broader market has to support. Also , Since Russia 7&Ukraine war , there is another front of war is developing at the borders of Iran , Azerbaijan, Turkey / Nato and Again Russian , i am feeling that this geopolitical issue affect Indian stock market also

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I think this particular company has been sold to Birla Paints

Out of all these stocks Indian Bank is a stronger one during September 2024 to April 2025 , consolidated during this period , same conditions for Karur Vysya Bank , BPCl recovery is of a V shape , i don;t know the effect of coming geopolitical issues & if Crude oil price spikes , if i have to rank all these stocks , SHRIRAM FINANCE will be the last one :slightly_smiling_face:

All the stocks in this list are already moved higher , if i were to buy these stocks , i would look at only Glenmark & Karur Vysya Bank that too on entrancement, i will wait for a stock price retrace / correction , :slightly_smiling_face:

this is how i make money :sunglasses: bottom fishing never works, top fishing works 7-8/10

and also thanks for your other comments

Thank you , i am also developing an Algo system & Testing it on RP , as per the Algo RP price will be at Rs.70 by 21July2025 , by 3.30PM today it must be 66.50 , so far Algo function is good , i am impressed by your charts and using it for the Algo , let us expect some good thing to happen :slightly_smiling_face:

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Tatva Chintan Pharma Chem Ltd was listed during 2022, was a new listing , i remember this stock was a much sought after , now after a heavy correction , Tatva was on up side break out @ 800 level i ignored it due to the negative condition of the market , but now Tatva is moving up with higher volume , i don’t know about its “Fundamentals” may be Tatva is going to make good profits

Yesterday i was studying Buy High , sell high stocks buying theory , it may give big & quick returns at the same time , this particular practice is really risky , and on that basis i was studying chart of Sarda Energy & Mineral , initially i thought that , there is a price break out on up side for Sarda Energy for the first time , but it was already in a break out condition , issue was the Chart Zoom setting , My point is that the Buy High , Sell high is also a good stock buying strategy, if buying Quantity is less :thinking:


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kinda questionable as past 3y is -50% or so, so might keep going down yoy.

profits also reducing yoy. i mean, no need for too much fundamentals in trading but you know if we get stuck, then its kinda difficult to pull out.

also 2k market cap but good market.

in the chart we see a lot of false promises (breaks)… i’d be cautious to some extent. i mean you could be right- maybe a reversal, but what are the chances of it? a miss and then waiting a long time… especially not good with the company losing money.

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yup :+1: it works for me more than buying the bottom. statistically if you pick the right stock -thats the key. and the theory is, where there’s panic that’s where i enter. also like you said small quantity is what i do as well… then 2x. from my experience i’ve rarely seen anything go below 8% or 9% and even then 7–8/10 they move higher. again the right stock matters here and that’s where i have spent most of my time building algos part time.

anyways i guess there are many ways and i am too learning everyday… but your RP pick was a superb catch though.

Thank you about your opinion on Buy High ell High theory , But i think RP is doomed because of ED ride :cold_face:

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From last few days i wanted to write about KIOCL here , there is a Monthly Break out on KIOCL , initially i thought it may be due to low floating shares of KIOCL , but after studying its price action , KIOCl is running up on upside with higher volumes and it seems it crosses 500 level easily , don’t know lets watch :slightly_smiling_face:


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nice pick. hopefully it works out :+1:

i was looking at movalue recently.

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Bought few shares of KIOCL and the seller got in to short delivery , so there is a short supply of KIOCL :grinning:

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