Its buy in dips as long as price is above 82 for the targets 96, 108, 122, 140 and 166. Duration : 1 to 2 years. Note : Consult your financial advisor before investing.
On the daily chart, the stock has decisively broken out “Pennant”- a continuation pattern representing resumption of the prior up move bullish sentiments on medium term time frame The daily and weekly strength indicator RSI is quoting above 50 mark and in bullish mode which supports rising strength The above analysis indicate an upside of 10-109 levels
Making head and shoulder pattern and given a successful breakout. Looking at potential target of 125 with 1:2 risk reward ratio from current level. This is not a trading advice. Please do your own research before taking trade.
SKIPPER : 76.05 A inverse H & S kind of pattern has been formed in weekly chart. BO done near 62. So good to grab on dips. TGT 88.75/101.4 SL 62 clbs Positional TGT 125 SL 49 clbs Disclaimer: Ideas for learning Only. Learn Regularly. Not occasionally.
SKIPPER HAS MADE INVERTED HAD AND SHOULDER OR CUP AND HANDLE ON WEEKLE CHART AND HAS BROKEN OUT OF THAT RANGE . NEXT POSSIBLE FIBBONICCI TARGETS ATE SHOWN.
Skipper LTD CMP 82.75 Buy For Target 100-140-160-185+ Add More If Get @ 70 SL Below 50 Holding Period 1-2 Years
NSE:SKIPPER Levels are Mentioned in the chart... Cup and handle pattern... Good for swing trade... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here...
-Stock forming Head and Shoulders Pattern. - Next level to 137/170 levels . -Support is near 60 level on chart.
Looks good for 100.The stock might retest the levels and then will rally towards the target
SKIPPER 2 year resistance breakout supporting with daily volume candle
Can give a good breakout once it crosses the resistance level which has been tested four times.
#SKIPPER Inverted H&S Formation on Weekly Chart 1. Inverted H&S Formation 2. Accumulate upto 59 3. CBSL 56 4. TARGETs 73, 85, 100, 110, 117, 126, 129, 140+
NSE:SKIPPER ACTION - BUY TARGET PRICE 60/-RS STOP LOSS 43/-Rs Cup With Handle Breakout at 50.25/-Rs Disclaimers: - The contents produced here are purely for Educational Purposes. They Should Not Be Constructed as Buy/Sell Recommendations Financial Interest - No
The last 8/1 angle ssupport at 58.55 is likely to be held. If it now turns bullish, by April 2019 a level of 123 is possible to be seen.
If turn around takes place, entry to be contemplated at 210.