AK1808

AK1808 Updated 

Stock has formed H&S pattern and also Morning star pattern on daily chart. One can take long position at CMP or wait for close above 400 on daily CB, with SL 370 on weekly CB for the target of 425, 450 and 480. Results update mentioned on chart. Kindly do your analysis before initiating trade.

AK1808

Stock has formed Inverted H&S pattern on weekly chart. Longs can be considered on close above 545 levels on daily CB, with SL 490 on weekly CB for the targets of 645 and 730 with more than 1:2 RR. Kindly do your analysis before initiating trade.

AK1808

Stock has formed rounding bottom pattern and near to its ATH levels. Company has posted excellent results in Q2 on QoQ/YoY basis. One can look for short to medium term trade with SL as per risk appetite for target of 510-515, which is around 10% from CMP. Breaching the 515-520 levels on weekly, monthly CB could take the stock to new territory. Also one can hold...

AK1808

Stock is facing multi-year resistance at around 78-80 levels. And has formed C&H pattern on weekly chart. Now, one can keep this stock in watchlist and any close above 80 levels on weekly CB, long positions can be considered with SL as per risk appetite for targets of 110 and 122 in coming weeks, months. Kindly do your analysis before initiating trade.

AK1808

Stock has formed simple morning star pattern on weekly chart. Key levels and results update mentioned on chart. Kindly do your analysis before initiating trade.

AK1808 Updated 

Will it take-off or crash...have to wait n watch ! Key levels mentioned on chart. Kindly do your analysis before initiating trade.

AK1808

Stock has been trading in parallel channel making higher highs and higher lows. Also it has corrected nearly 25% from its high of around 1564 levels till 1170 levels, with almost subdued volume action. One can consider long position at CMP with SL as closing below the channel on weekly CB and target can be near or breaching the upper trendline, with more than 1:3...

AK1808 Updated 

Stock has given bullish flag breakout pattern on weekly chart. Also closed above its resistance levels of 97-98 on weekly CB. Long can be initiated with SL 100 on weekly CB, for the target of 125 with 1:2 RR.

AK1808 Updated 

The stock has now given breakout above all the resistance and also closed above the same, with high volumes being traded. Now, one can consider the long with SL 860 on weekly CB for new high, above 980 with 1:2 RR. Also, I had posted the idea for the stock on Jul 29, where SL had hit. Link to related Ideas below.

AK1808

Link below of my previous analysis. One can continue to hold for higher levels of 1150 - 1180 in coming weeks, months. Kindly do your analysis before initiating trade.

AK1808

Company has posted excellent results on YoY basis with nearly 150% rise in its PAT. Stock has formed morning star pattern on daily chart. One can consider long position with SL 660 on daily CB for the target of 850 and 950 with more than 1:2 RR. Promoters are majority stake holders, with increase in institutional investors participation. Kindly do your analysis...

AK1808 Updated 

Key levels as mentioned on chart. Kindly do your analysis before initiating trade.

AK1808

Nifty took support at crucial level of around 17620...and seems morning star pattern formation on daily chart. If this pattern is confirmed, then Index may head towards 18300 and gradually towards new ATH. Too early to comment. Fingers crossed. Kindly do your analysis before initiating trade.

AK1808

Again stock has come near multi-year resistance after its failed attempt to cross in Aug 21. But, today it has given close above its previous multi-year high. Now, sustaining and closing above 350 levels on weekly CB would take the stock to new highs in coming weeks, months. Longs can be considered on closing above 350 on weekly CB, with SL 275 on weekly CB for...

AK1808 Updated 

Stock has formed inverted H&S pattern on weekly chart. Also closed above 85 levels on weekly CB, after Jan 2021 (almost 10 months). Now any closing above the neck trend-line on weekly CB (around 88-90), would further take the stock towards 115 and 150 levels gradually. Longs can be initiated at CMP or after the close above trend-line on weekly CB, with SL as per...

AK1808 Updated 

There is positive divergence in RSI. Key levels mentioned on chart. Considering the volatility, kindly trade cautiously. Kindly do your analysis before initiating trade

AK1808

Stock has formed morning star pattern on daily as well on monthly chart...key levels mentioned on chart. Kindly do your analysis before initiating trade.

AK1808

Stock has given breakout from its previous resistance level of 486 (1.618 fibo level), after 2 failed attempts, with good volumes and closed above that level. One can consider long position with SL 435 on weekly CB, for target of 650 (arrived from fibo level) and above, with 1:3 RR. Results to be announced next week. Kindly do your analysis before initiating trade.