Analysis: COALINDIA

Today’s pick is COALINDIA [stockquote]COALINDIA[/stockquote]. The stock had a real good start of the year with an uptrend till May, but it could not sustain the momentum and crashed to its support levels at Rs. 300. The stock has been in an uptrend since June, touching its 52 week high around Rs. 380. In the last three months, the stock has moved – 4% vs. 5% of the Nifty’s.

COALINDIA technical analysis chart

Oscillators RSI and CMO are in no man’s land suggesting no direction for the stock.

The MACD line and the signal line are moving close to each other – directionless. Both long-term and short-term GMMA lines are seeing a constrained movement leading to an indecisive future for the stock. Short-term technical gave an 18×9 bearish signal for the stock last week.

COALINDIA correlation chart

COALINDIA’s average correlation with the Nifty is zero. The scrip will be not be replicating the movement of Nifty. [stockquote]NIFTYBEES[/stockquote]

COALINDIA volatility chart

COALINDIA has a historical volatility in the range of 0.3 to 0.9. The scrip’s volatility currently is in the lower range.

To conclude, given these technicals, the stock is a short-term HOLD. However, given the current up-trend in the progress, the scrip is a long term BUY with a resistance level close to Rs. 380.

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Mark Twain ♥ StockViz

200px-Mark_Twain,_Brady-Handy_photo_portrait,_Feb_7,_1871,_cropped

Did you know that even though Mark Twain made a substantial amount of money through his writing, he lost a great deal of it through investments, mostly in new inventions and technology? He lost not only the bulk of his book profits but also a substantial portion of his wife’s inheritance. So much so that he had to file for bankruptcy!

Twain lost $300,000 (equal to $8,058,462 today) on the Paige typesetting machine. He also had a publishing house that went broke trying to sell a biography of Pope Leo XIII.

His state of affairs turned for the better after he befriended the financier Henry Rogers, a principal of Standard Oil, who helped him completely reorganize his personal finances.

If he were alive today, we would’ve advised Twain that just because you are good at one thing, it doesn’t mean that your expertise automatically translates to investing money. He would have loved StockViz for that advise. And Tom, Huck and Joe Harper would have had all the time in the world to be the pirates that they wanted to be!

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Analysis: MARICO

Today’s pick is MARICO [stockquote]MARICO[/stockquote]. The stock has been in an uptrend since the very beginning of the year. It touched the 52 week high of Rs. 232 a couple of weeks ago, and is still continuing in the upwards direction. In the last three months, the stock is up 15% vs. 5% of the Nifty’s.

MARICO technical chart

Oscillators RSI and CMO are in no man’s land suggesting no direction for the stock.

The MACD line and the signal line are moving close to each other – directionless. Both long-term and short-term GMMA lines are well dispersed giving a very prominent bullish signal for the stock. Short-term technical gave a 4×9 bullish signal for the stock last week.

MARICO correlation chart

MARICO’s average correlation of 0.35 with the Nifty is positive. The stock will replicate the movements of Nifty. [stockquote]NIFTYBEES[/stockquote]

MARICO volatility chart

MARICO has a historical volatility in the range of 0.4 to 0.8. The scrip’s volatility currently is in the lower range.

To conclude, given these technicals, the stock is a short-term BUY. Following the current trend in the progress, the scrip is also a long term BUY.

Disclaimer: The author has a long position in this stock

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Alan Turing ♥ StockViz

200px-Alan_Turing_photoAlan Turing is considered the father of modern computers and artificial intelligence. He was the first to give a formalization of the concepts of “algorithm” and “computation” with the Turing machine. He also developed the “Turing Test”: a test of a machine’s ability to exhibit intelligent behavior, equivalent to or indistinguishable from, that of an actual human.

He said: “I propose to consider the question, ‘Can machines think?’ Are there imaginable digital computers which would do well in the imitation game?”

StockViz would fail the Turing Test – we are proud to be machine-like in our thinking. We Invest Without Emotion. However, we are sure that Alan Turing would be proud to see our machines – his creations – at work. Alan Turing, we salute thee!

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Analysis: AMBUJACEM

Today’s pick is AMBUJACEM [stockquote]AMBUJACEM[/stockquote]. The stock started an uptrend in June, after a range-bound start for the year. After reaching its 52 week high of Rs. 223/- in October, the stock has been under a pennant formation. In the last three months, the stock is up 8% vs. 7% of the Nifty’s.

AMBUJACEM Technical Chart

Oscillators RSI and CMO are in no man’s land suggesting no direction for the stock.

The MACD line and the signal line are moving close to each other – directionless. Also, both long-term and short-term GMMA lines are too constricted to give any signal. Short-term technical gave a 18×4 bearish signal for the stock yesterday.

AMBUJACEM Correlation Chart

AMBUJACEM’s average correlation of 0.52 with the Nifty is positive. The stock will replicate the movements of Nifty. [stockquote]NIFTYBEES[/stockquote]

AMBUJACEM Volatility Chart

AMBUJACEM has a historical volatility in the range of 0.3 to 0.8. The scrip’s volatility currently is in the lower range.

To conclude, given these technicals, the stock is a short-term HOLD. For the long-term a directional bet could be made once we see a break-out of the pennant so we suggest a long-term HOLD.

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