BSL is looking extremely interesting on the long and short term charts. There has been serious built-up of momentum in the long term charts and most encouragingly its coming on back of some very big volumes and moving averages cross-over. Infact the last seven week volumes is greater than the entire previous year’s volumes and hence this volume backed breakout gives a lot of comfort.
In a market where there are dearth of ideas, this branded textiles story is getting all the eyeballs and is being re-rated. What is probably giving market a lot of comfort is the fact this belongs to wealth creating group where other listed companies like HEG, RSWM etc are known wealth creators. Let’s see how the story unfolds because as of now, the story seems to be playing allright, both on the charts and off it.
God Bless !!!
thanks for the update Ace.Its definitely reassuring. In textile space your perspective on Banswara Textiles please. Managed by IIT graduates, low equity bases and innovation in products entered an MOU with Stylum a Japanese company
Hello Sir,
Any views on Pokarna Ltd., I am unable to decide if the stock is a good buy at current levels. Just needed your help on the same.
not keen on it.
Thanks dear Ace for one more gem of a company. BSL closed at all time highs today on huge volumes. It now looks poised to achieve great heights.
Thanks Sir for the update
Views on TBZ please?
no views.
Ace sir, Whats your view “Kiran Vyapar”??
sorry, no views
Sirji, tussi great ho. Pranam kabool koro. Pl provide views about Patel integrated, the logistic company, at the end of big triangle.
this blog is not about technicals so let’s not make it that way pls.
Ace, wishing you very happy and prosperous new year-2018 with seasons greetings !
Would like to ask you a query which is confusing me a lot.
On 29th December quarterly circuit limit for Waterbase has been revised by BSE. Now as it is displayed, quarterly circuit limit is 835.05 and yearly circuit limit is 643.45. How come quarterly limit is higher than yearly limit ? Is it not an anomaly on BSE’s part which needs to be corrected ?? Please enlighten us with your view.
you have to take the lower of the two. but i agree, this looks slightly stupid and should have been corrected by now. These are so simple calculations.
Thanks
Happy New year to you sir
thanks and wish you the same.
Wish you and your family a very happy and prosperous new year 2018. Like your stocks may happiniess and joy multibags and compounds and dawn on your home every year!!
thanks and wish you and your family the same.
Hello Ace,
Can you share your view on godrej agrovet and tube investment..
no views.
Ace happy new year to you, your family and all of your blog readers!
thanks and wish you and your family the same.
Dear Ace,
Happy new year.
Hi Ace,
Happy New Year!!
Please share your views on Aditya Birla Money.
Regards,
Prasant
no change from previous views
Hello Sir,
Any view on new stock for this new year….
Wish you and your family a very happy year ahead !! Thanks for sharing your wisdom with us Ace.
thanks and wish your and your family the same. .God Bless !!!
Happy new year ace. Wish you a prosperous year ahead. Is BSL limited good to enter at these levels since started reading your blog recently ?
buying and selling is your own decision based on your own conviction.
ACE,
Spenta Intl. rocking.
Thanks for this idea.
great.
Dear Sir,
Please share your views on vikas ecotech.
Best regards
sorry, not keen on it.
Hello Ace, what do you attribute the sudden momentum in this stock? Any change in fundamentals? Or some future positive newsflow market is trying to discount?
possible. markets are supreme and smarter than any of us.
hi ace ur view on aro granite thanks
sorry, no view
Any view on Panama petro ?
nothing at the moment