Shankara Building MaterialsLooks like a very interesting setup to me. Could soon get into good momentum and give great returns once it crosses over the trendline.
SHANKARA trade ideas
Go for LongGo for buy on 5 min strategy as the 1 hour stochastic is on over sold zone and stock price is in uptrend above 30 and 50 EMA
Shankara Building Products: Nice Breakout TodayThe stock has been consolidating in a trading range for a while now. Have a look at the price action over the past few days. The candle size has shrunk and so has the volume. The rally today represents a breakout from the range. The price action today is also backed by higher trading volume. I have bought a few shares today. Would add more on subsequent buy signals.
breakout in this kind of a marketbullish engulfing on daily charts,flag pattern breakout
targets 1550,1700!!
