Shankara- Expiry 5 min inside Darvas + Good for Short Breakout 1) Consolidatino 2) Breakout possible 3) VCP
SHANKARA - Is in the bottom of the channel in the weekly timeframe. The stock has been trading in the channel for 4+ years and takes support at the bottom of the channel. It is back to the bottom of the channel and has been in the accumulation phase for the past 15 weeks. The risk-reward is looking very handsome and the company has stable fundamentals. CMP:...
LOOKS GOOD SHANKARA BUILDING cmp 757 Major Support 684, TARGET 1100+
Stock Name - Shankara Building Products Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 800 #This is not Buy and Sell recommendation to any one. This is for...
Ready for 715 After crossing IZ 717.45 moves to 755
After a heavy fall, share goes in a good consolidation phase. after giving breakout it was making bullish pennant. if we can see a breakout share can go up to 847 we can use Sl of 500 Thanks
any close above the horizontal line is a buy. stoploss and targets are mentioned in the chart
The chart has seen breakout retest on weekly basis and has formed a hammer candle at support which is a good sign. a reversal can be expected in this stock and should follow the given targets.
shankara chart analysis for intraday and swing trading
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Hi Investors, SHANKARA has been trading near its life time low (LTL) for two years now. Looking good for a long-time breakout with 435. Rest explained in the above chart. I hope you will benefit from this knowledge -MetaVish
Shankara Building Products on the Daily Chart is close to breakout. If it breaks out of the Bullish Flag pattern of Rs 540, then it will be a sign of the end of recession in the stock. There are many highlights and high-rise in this. They also found signs of stagnation in the stock.
Buy SHANKARA at CMP (2050+) T1: 2200 T2: 2350 SL: 1889