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Showing posts from January, 2018

Graphite Electrode theme is still hot !

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One more interesting article regarding EAF posted on a blog TELEVISORY 


Graphite electrode (GE), which is primarily used in the steel production via Electronic Arc Furnace (EAF) saw a huge surge in its prices in the past 6-8 months. This was due to a sudden and unforeseen deviation in the demand-supply dynamics. In the last 4-5 years, the global GE industry reeled from over capacity. This led to a low GE prices as the demand which is dependent on steel production through EAF route was down due to slow demand growth, excessive supply from China and higher cost of EAF steel production as compared to Basic Oxygen Furnace (BOF) route. However, the demand-supply witnessed a significant shift by June 2017, with demand exceeding the supply (mainly in China). A sudden shift in the industry’s fortune was largely driven by China’s environmental control policy, which led to a phase-out of old, less efficient and polluting units (across industries). China’s steel and GE manufacturing companies were…

NIFTY - exactly after a Decade

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Exactly 10 years before, on this day,  posted my opinion, titled as 
"VISION or MISSION"




Click the below link to see the post dated 27th  January 2008

VISION or MISSION 


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January 2008 Map




After 10 years,
 now the NIFTY @ 11110
Last 10 years NIFTY map



But, till now, no signal for the TOP OUT   (corrections may come and go)
 the journey continues...

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Probably, this time also,  may indicate the TOP OUT,  If  I get the signal.
Let us see.

METAL RALLY - We are entering third year from the bottom-most.

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When we identified any sector/any stock at its bottommost at the right time & at the right placement, from then onwards, if it moved in our expected direction, not only, it gave the best return with low risk but immense satisfaction.


Identified the Metal sector bottom,  in Jan 2016 itself was one among them. 

On 26th Jan 2016, I sent an email to one of my guys,  about the metal sector bottom out stage. As expected, it bottomed out in Feb. 2016  and from their, the uptrend started and now we are entering the third year



Below is the email content image, dated 26th Jan 2016. (for privacy purpose, blocked the email address)






NSE METAL INDEX performance  in the last 2 years 



Worst stock in  the NSE METAL INDEX  gave the best return 
JINDALSTEL




At par stock in the NSE METAL INDEX  gave the average return
NMDC



Best in the NSE METAL INDEX gave the second best return 
JSWSTEEL



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These three stocks gave 200% average absolute return in the last 2 years that means annualised return of 100% 

From the emailed date of…