June 2021 net sales up 28.74% June 2021 Net Profit up 124.76% Cost per sqft declined from Rs 15.9 to 15.02 Revenue per sq ft increased by 54% Broke 3 years range. Ready to move for the next phase. Support at 570 - 550 range Stop loss at 550
Good to add near cmp to till 488 SL below weekly supertrend 356 Target 2x
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.
Sankara Building Stock is about to complete Accumulation stage and move into advancing stage which is bullish trend. Also, Cup and Handle Pattern formation is expected to complete in few months which is also a bullish pattern . So the stock has potential to go up for next couple of years. Suggested buy for long term. Please check the chart for details. Mentioned...
NSE:SHANKARA In shankara wtf breakout with good volumes and tested the triangle in weekly time frame close above the 690 levles it will be fly towards 1000range short term target 650 to 690 levles
shankara chart analysis for intraday and swing trading
Shankara Buildcon : CMP 653, Looking good for Targets : T1= 740, T2= 860 & finally 1000 if all goes as per chart. Keep Strict SL as 600
SHANKARA BLD PRODUCTS FORMING FLAG AND POLE PATTERN ON DAILY CHARTS AND MULTI YEAR BREAKOUT ON WEEKLY CHARTS, VOLUME CHANGE CLEARLY SEEN. TARGETS UPDATED ON CHART. ABOVE STUDY IS FOR EDUCATIONAL PURPOSE.
Buy Shankara Builduing Products 540-620 for 730/820/911. Invalid below 520 on WCB. Shankara has given weekly breakout above 580 range. Volumes are huge and whole real estate products are in full boom
sl 500 tgt 1000, healthy breakout in shankarabuilding. recommended for 6-10 months
LONG VIEW IN SHANKARA Although missed the entry at consolidation point. Still, current level looks good to enter. Recovering with volume with positive actual volume divergence. Data, Price, Volume all positive, looks attractive for swing short-term view of 30 days to 90 days. For educational purpose only. Consult your financial advisor before trading in stock market.
Shankara Buildings @550 can be looked for short term gain of 20-40%. MT to LT it can easily double.
Chart is self Explanatory. I'm a novice Trader, trying to learn and improve my skills. Views and comments will help me in my learning. Thanks!!
AFTER A LONG FALL PRICE HAS FORMED A GOOD BASE ...TRYING TO BREAK THAT LEVEL..BUT LACK OF MOMENTUM OBSERVABLE..IF STOCK BREAKS WITH GOOD MOMENTUM AND SUSTAINS THEN WE WILL SEE AN UPMOVE..
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...