SHANKARA BUILDING has shown a breakout above 654 with a rising volume which can lead it towards a level of 800, also there is MACD crossover supporting with RSI above 60.
Shankara building monthly time frame making ascending channel or higher lows and now price is at resistance. Can go long after the breakout & close above resistance.
Shankara building looks positive and go long in this script for a massive gain in coming month, but hurdles are at around 709, 796, 883.. once these levels crossed - it reached 3 figures and moves on..
The stock is testing it's strong resistance zone and looks good above 684 level (cosing basis) for mid term targets of 800 and 925. Learn & Earn, Dr. Tanya Kumar
BUY 660-670 T1 750 T2 780 SL 600-DKM SIR Time period 30-45 days I can see the upmove
The stock gave trend line breakout . 5 DEMA crossed 13&26 DEMA from below on same day. Looking for good long position. This is only for educational purpose. Do your own analyze before trade !!!
DON'T HAVE TIME TO MANAGE YOUR TRADES? | Multiple Trendline Breakout in SHANKARA - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA Now why do I prefer BTST over swing trades? The primary reason is that I have...
SHANKARA - TRIANGLE PATTERN We can take a entry if it breaks out of triangle pattern
1. 52 Week high breakout 2. Multi year resistance breakout 3. Clear triangle consolidation pattern
Consolidating at resistance area. Strong signs. Trade idea invalid closing below 20ema on weekly basis.
Strong trend observed in Shankar building Long position as mentioned in chart Trail stop loss after trigger in 'risk multiples' Trading and risk management as per one's own conviction. No trading advice, only opinion!
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
SHANKARA: Rising from retracement level after breaking out resistance ENTRY 601.35 SL 520.40 TGT 762
any close above the horizontal line is a buy. stoploss and targets are mentioned in the chart
#SHANKARA #Weekly - Retest and now trying to move up - Sector is also in play - Can add now and more if price corrects to support for R:R -200EMA major headwind going forward
previously published chart was weekly breakout retest of this stock. link for the same is provided below. after long consolidation in retesting this stock seems ready for further move. triangle breakout in daily chart with targets and stoploss marked on the screen.
Shankara buliding chart showing strength and recently retested the breakout zone. future targets mentioned on chart can go long at CMP