Shanmuga_Sundaram_R

Shanmuga_Sundaram_R

CMP :101.9 - Best Price to Buy for Short trade Target 110, Reasons are, 101.55 is Fib 61.8 Level and Secondary trend Break out's retracement level and Minor Up trends Support level and Weekly Pivot's Support2 and above all long term support level.

Shanmuga_Sundaram_R

On 24/02/2022 It clearly made a clear Open and Close by breaking down the consolidation of around 1 year, and it retraced / short covered exactly to the retracement point. Will it be a good confirmation for the selling in Adani ports in short term for next 10-20 percent downside and Would it be the false breakout as the nifty has the are of 200/400 points to...

Shanmuga_Sundaram_R

Currently the stock is trading around its so far lifetime support - it would be the good opportunity to accumulate / for investment / short term trade(target 1).

Shanmuga_Sundaram_R

it is trading at life time support after continuous fall / selling of fii ( who else they only have majority after promoters ) - will it take support. facts: 1. stock trading at slightly below life time support - hence there is possibility to sustain at this demand level as well as over sold area. 2. broader market seems to be reversed in short term, which will...

Shanmuga_Sundaram_R Updated 

good to buy at this support level, as this support has not been broken for the past 9 months. seems there is some good to buy

Shanmuga_Sundaram_R

H&S pattern has Completed and Double Top seems to be initiated. As the market trend is in steep downwards, we could see the downtrend from this level in coming trading days. Moreover the price is travelling in a channel and now it is trading near to its resistance and testing ATH. So put together, we could see this stock at around 190INR in coming few days.

Shanmuga_Sundaram_R Updated 

Refer the chart - post consolidation of almost 5 months, now the stock has given a break out. It is trading at strong support level as well. Buy only above 525 on todays closure for the target of 560 with SL of 500. Note: It is just my opinion and not a recommendation or promise. I have the right to be wrong.

Shanmuga_Sundaram_R Updated 

BUY NAUKRI ENTRY - 4280-4350 SL- 4200 T1: 4860 T2:5070 Note: Not a Sebi Registered or certified Analyst. It is just my analysis as well as Opinion and for my records. Not a recommendation or promise

Shanmuga_Sundaram_R Updated 

It is being traded well in a channel for life life time. It gave a break out few months back and again returned to the channel. Now it is trading at its channel support level. Hence it would be the good buy at this level 525-530 for the short term return of 550/560 and mid term return of 635/700( yes 700 as it would be reach post break out ). Strick STOP LOSS...

Shanmuga_Sundaram_R Updated 

Simple Price action at PEL - After a strong rapid up move Stock has corrected around 400Rs (from 2000 level to 1600) and retrace at the strong support level and sustain there and shows some bullish momentum for past two weeks. Now its time for the Up move and moreover the result in next 3 days comes at the right time as chart suggests for bullish. Hence T1:1860 ...

Shanmuga_Sundaram_R

Refer the chart - simple and clear. It gives a clear breakout from the downtrend with good volumes and taken support at the respective long term support level. Seems good to buy for the mentioned target (1and2) for short term with given stop loss. Note: This is just my analysis and opinion. It is not a recommendation or promise.

Shanmuga_Sundaram_R Updated 

BUY IOC ENTRY: 105-110 SL: 87 TARGET 1: 155 TARGET 2: 208

Shanmuga_Sundaram_R Updated 

BUY AMARAJABAT ENTRY: 815-826 SL: 760 / 740 T1: 926 T2: 1025 Note: Not a Sebi Registered or certified Analyst. It is just my analysis as well as Opinion and for my records. Not a recommendation or promise

Shanmuga_Sundaram_R

BUY CUMMINSIND ENTRY: 833-840 SL: 829 TARGET 1: 885 TARGET 2: 935

Shanmuga_Sundaram_R

BUY HAVELLS ENTRY: 1010-1030 SL: 995 T1:1130 T2:1230 For details pls refer the chart ( trend analysis + fib retracement ) - Stock has retraced well post its result. now it time to show +ve for result. Note: Not a Sebi Registered or certified Analyst. It is just my analysis as well as Opinion and for my records. Not a recommendation or promise

Shanmuga_Sundaram_R Updated 

CMP: 536 - Sl-530 -Target1: 560 Target 2:600 Note: It is not a recommendation / promise. Its just my analysis / opinion

Shanmuga_Sundaram_R Updated 

Text months down trend from 621 to 508 comes to an end. It made a Open and Close above the downtrend. It indicates clear opportunity for buying for the initial target of T1: 550 and T2 570. Refer the chart above for the fib levels as well. Note: This is just my analysis and not a recommendation or opinion and I have the right to be wrong.

Shanmuga_Sundaram_R Updated 

Seems the Pharma sector is at the verge of breakout under this Nifty consolidation phase for the Nifty Support. Sun Pharma is one of them and it gives the breakout today from the past 2 months downtrend. We have to check for the retracement if any tomorrow and could enter if it sustains above 628 for the initial target of 655 and next level of 677. For short...