Wait for breakout to enter. Might be a good awing trade.Consolidating at resistance area. Strong signs. Trade idea invalid closing below 20ema on weekly basis.
SHANKARA trade ideas
Shankara momentum tradingStrong 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!
SHANKARA BUILDING PRODUCTSAfter 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 retracementSHANKARA: Rising from retracement level after breaking out resistance
ENTRY 601.35
SL 520.40
TGT 762
SHANKARA BUILDING BREAKOUTany close above the horizontal line is a buy. stoploss and targets are mentioned in the chart
SHANKARA BUILDING | Weekly | Volume action#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
SHANKARA BUILDING BREAKOUTpreviously 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 BUILDING LONG SETUPShankara buliding chart showing strength and recently retested the breakout zone. future targets mentioned on chart can go long at CMP
Ready for next move
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
SHANKARA BUILDING RETESTThe 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 - ACCUMULATON STAGE BREAKOUTSankara 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 clearly about the support and resistance points.
I am learning as well. so please analyse the chart by yourselves before taking any decisions.
Criticism always welcome
TRIANGLE BREAKOUT IN "SANKARA"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 : Looking good for BuyShankara 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 PRODUCTSSHANKARA 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.
Shankara Build, Darvax Box breakoutBuy 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
SHANKARA LONG VIEWLONG 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.
buy Shankara BuilsingsShankara Buildings @550 can be looked for short term gain of 20-40%. MT to LT it can easily double.
SHANKARA - LONG TERM BUY IDEAChart 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!!
