SHANKARA BUILDCON looks ready for a breakoutShankara Buildcon is nicely absorbing the supply, and looks like slowly the bulls are going to control this scrip. Looks good for 15-20% move from here on.
Stoploss 740
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Supplyzonebreakout
Possible Supply Zone Breakout in Anant Raj (W)Finally stock has managed to break above the previous supply zone which was sustained for almost 8 years.
For breakout confirmation stock has to close above 88 with good volume in the weekly chart.
In the hourly chart, the price has given a flag and pole breakout with the first target of 100. SL for the trade can be placed at 77.
All the possible targets are mentioned in the chart.
This is not a trade recommendation, Do your own analysis before investing.
Do share your views on this.
Symmetric triangle breakout SOLARINDS Symmetric triangle breakout in solar industries.
Today Important Supply Zone (2940-2970) as well as Major resistance broken with good candle and volume.
For further upside rally, stock has to close above 3000 with good candle and Volume.
Stock has a potential to reach 3500 level.
Previous supply zone should act as support now. Idea SL -2800 and for risk averse can keep 2870 as SL.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
NSE:SOLARINDS
COALINDIA is gonna fly !! Positional trade.The stock has broken a key long-term resistance at 149 levels supported by good volumes and has pulled back to retest the previous resistance which now acts of price support. The stock is now poised for an up move to 175 levels.
Lookup the chart for trading levels.
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Long: Best SetupThe Call is based on Inverse head and shoulder, Trendline Breakout and Supply Zone breakout and retest. It is also Trading in parallel channel.
Best Setup
Entry between 445-460
Target 480/510
Stop Loss 437
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.