Sandeepk31

Sandeepk31 Updated 

Buy Tata Steel near 75 it may fall from current price due to inflation and fluctuation in steel prices in coming months Personal view!

Sandeepk31 Updated 

Nasdaq on day chart has formed Head and shoulder pattern and may fall very fast in case of bad news..... the Stop loss will be 9/20 High in case of trend reversal. Hope this doesnt happen. On weekly there is inverted cup and handle pattern forming. I wish it doesnt fall so much.

Sandeepk31

This is for my personal reference to make myself remind about topics. Nifty probably will remain range bound for at least next year or two till the inflationary effect are realized. Graph is possible prediction and not a confirmed one. Global events with Impact 1. Rising Interest rates and Bond yields 2. Inflation effects and US Jobs report 3. War...

Sandeepk31 Updated 

In near term there is correction in stock and can fall close to 190 - 195. Once the stock closes above 214 then we can go long. Also fundamentally a new manufacturing plant is starting in 2023 which raises the forward PE for the stock. This has been accumulation since last 2 years and havent participated in rally. The defense local manufacturing will make it...

Sandeepk31 Updated 

Granules India has formed three drives and Flag pattern on the Monthly and weekly charts. Looks good for going Long for minimal target of 435+ and if it breaches and closes above this then we can see target for 500+

Sandeepk31 Updated 

Looks like Nifty is in downtrend and have made Shark pattern on chart. Target is 16750. There is Gap down opening so Nifty will pull back to cover the Gap and can go towards 17320 before continuing the downtrend. Short near 17320 and keep stop loss close to 17400

Sandeepk31 Updated 

Bank Nifty Made bearish Shark pattern on daily charts and target seems 35700

Sandeepk31

Couple of things seen on Charts. Rising Wedge pattern on weekly and monthly charts. Also a failed breakout on daily charts. Bearish divergence seen on weekly charts. Indicating sell at higher level. Be careful with this stock. Also same is seen with other Ultratech. Shorting is risky option so wait for a solid confirmation to enter the stock is not resistant to...

Sandeepk31 Updated 

The Stock need a close above 233 in order to move to higher level also a very strong lifetime resistance. These are long term targets and final target is 320+ with Stop Loss on monthly closing basis on 178 Slow moving so add as per your risk in SIP Mode.

Sandeepk31

Disney trying to form Cup and Handle pattern. If it breaks out and closes above 128 then target of 144 SL - 112

Sandeepk31

This is monthly chart hence its a long term target and there will be many corrections in between. Following are the possible targets in coming months or 2-3 years. Target 1 - 2426 Target 2 - 3440 Target 3 - 4800 (if Market bullish and if it forms Cup and handle pattern on monthly chart) Also on daily weekly chart this stock is forming cup and handle formation...

Sandeepk31 Updated 

All channels and Analyst suggesting a buy on this stock but on Charts showing Bearish Harmonic pattern. If it follows this bearish target then very soon we will see a target of 21.70 - 21 INR. Many may not like it. Stop Loss is above 25.60 closing basis on daily charts. Be careful with investing at higher levels unless it closes above 52 week high.

Sandeepk31

Abbott India Near term short ... Buying range and Stop loss provided on the chart.

Sandeepk31 Updated 

Long IRFC for target of 30. SL- 22 All targets on chart.

Sandeepk31 Updated 

Siemens is a long term buy on monthly charts. with a positive MACD crossover and have respected the 78 percent retracement of fibonacci levels. Long Siemens for following target T1 - 1717 T2 - 1953 T3 - 2253 T4 - 2820 (aggresive) Stop Loss - 1180 (monthly closing Basis) More risky investor can keep SL at 1096 Note: This is monthly setup and will take 12-24...

Sandeepk31

Cognizant Technology Solutions have broken out of Multi year resistance range of 80-84. Price to buy 82-84 Target 110 in next one year.

Sandeepk31

Vale near term lower target 10 and 7 Vale Long term target 37 & 44

Sandeepk31 Updated 

Currently IRFC in No trading zone. It will breakout on either side very soon. If bearish then will go on forming AB=CD diamond pattern. If Bullish then will go near 30 in coming months. watchout for breakout. The targets marked on chart