Sandeepk31

Sandeepk31 Updated 

Tesla is getting ready for a move and currently forming flag and pole pattern on weekly charts. In case it breaks out of this pattern on upper side then targets on weekly charts are T1 - 300 T2 - 325 T3 - 350 Stop loss 190 on closing basis (weekly) Happy Trading !

Sandeepk31 Updated 

Gillete in July had a very huge volume but was not able to sustain at higher leve of fibonnacci and its correcting. Looking at chart its in a trend and if it breaks last weeks low and closes below it then it may fall below 4800 where it has a strong support zone. Wait for the trend line breakout on either side. This is not intraday stock hence will not rise daily....

Sandeepk31 Updated 

Wipro after fall from 734 to 400 level has taken support near the 61 percentile of fibonacci retracement and is consolidating. This is long term view based on predictive trend chart. Long for a target of 830 once it closes above 420 on monthly basis Very small stop loss will be 380 on monthly closing basis.

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This is an uptrending stock following the Dow Theory. Long term view. 1-3 years Buying range 400-450 Target 1 - 550 Target 2 - 595 Target 3 - 612 Target 4 - 642 Stop Loss - On Monthly chart if closes below 390

Sandeepk31 Updated 

NMDC is trading in a Symmetrical triangle channel on monthly charts. Hence dont get stuck at top resistance of the channel. On upper side channel breakout - target is 170+ On lower side channel breakout - target is 60-70 Note- Wait for Monthly candle to close above the resistance channel. Else may get stuck in false breakout.

Sandeepk31 Updated 

LIC housing finance have made Inverted head and shoulder pattern on weekly charts. On volume breakout the stock can reach a target of 460 on weekly basis. Short term view 3-4 weeks.

Sandeepk31 Updated 

For reference Tata Chemical on daily chart formed Inverted Head and shoulder pattern. Only problem is - Its lacking volume to prove the upmove. In case of breakout then Target is 1050 and 1100. Stop Loss - 993

Sandeepk31 Updated 

Tesla formed a Head and Shoulder pattern on charts and have fallen from 222 to 140 already. Its nearing the bottom and currently at first support level. The support levels are marked on the charts. $118 is strong support if it continues to fall further. Recommendation is to start accumulating the shares in small quantity from now.

Sandeepk31 Updated 

Honeywell Automation is trading in a triangle channel and Klinger is showing bearish divergence on monthly charts. It can breakout on either side and target of 52800 or 21458 can be seen in coming year. For trading the triangle channel bottom and top can be used.

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PIIND on daily chart has formed harmonic pattern and has potential for bullish run now. Stop Loss on closing basis - 2899 Target 1 - 3289 Target 2 - 3630 Target 3 - 3698 If target 3 is achieved then 4051 is next target after retracement.

Sandeepk31 Updated 

After making a low of 17400, the nifty is getting ready for going higher till September to October. This view is valid for next 6-8 months if nifty doesn't break the AB=CD channel, formation is in currently in progress. On the daily charts its making Higher highs and Higher low. The target of 19500-19900 is possible. HDFCBANK, Reliance, infosys, TCS and ITC...

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Long FDC for target of 379 and 400+ in long term. The first target of 299 is already done. Stop Loss on chart.

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MIDHANI is religiously following the Fibonacci ratios taking support at 61.8 percentile . Long term target of 380 other targets shown on chart. May take couple of years to achieve this. Alloy is important Nuclear submarines and ships. So very good valuation.

Sandeepk31 Updated 

Paytm today gave a volume triangle break out but its still not the time to buy right away. Wait for retracement to get better risk to reward ratio. if its below 550 better. Possible target 1 - 732 Target 2 - 832 Target 3 - 900 Target 4 - 1047 This is long term view not short term view.

Sandeepk31

Honeywell International is trading in a symmetrical triangle channel and needs to breakout on either side to confirm the trend. On upper side breakout - target is 250+ On lower side breakout - target is 150-160 approx This is long term view 1- 2 years. Note - Trade only on monthly final closing basis else you may get stuck in false breakout.

Sandeepk31

Few months back it hits it lower support level of 88 and broken out of long term resistance level. Now the long term targets are 150 - 175 - 190 - 210 View is for next 2-3 years.

Sandeepk31 Updated 

UPL on Monthly longer time frame is creating multiple pattern on various charts. Two significant pattern visible is Flag pole and Diamond pattern. Hence it can breakout on either side If breakout on upper side then target of 991 is expected If breakout on lower side then target of 508 is possible. currently good for trading the range unless breakout occurs...

Sandeepk31 Updated 

Abbott India which was trading in the triangle formation has broken out with upper side momentum. One can go long on this stock with target of 23800 in coming months