Shanmuga_Sundaram_R

Shanmuga_Sundaram_R Updated 

On a Short term perspective, it will be good to Long on HDFCBANK. After continuous 9 week fall, on 10th week it has shown some bullishness after testing the Mar20 covid support. On seeing the result, it may test 1400 tomorrow but it will be bullish from here onwards. Target would be : 1500 in short term. When it makes Open and close above 1500, it will head...

Shanmuga_Sundaram_R Updated 

Airtel - what a consolidating stock for over many years in Long/Middle Term. Now it seems, it have taken and find out its Mid term support as mentioned in Chart. It wont break the level on seeing the Higher lows formation for last few days and did a good retracement in the short term down trend after the break out. Hence expecting this stock to head for its Long...

Shanmuga_Sundaram_R Updated 

It has been rallied continuously and now it has reached its threshold limit / overbought region in weekly chart as per RSI and as per Price Action. Short between 560-577 for the mentioned Target with Strict Stop Loss, Note : This is just my analysis / opinion and I have the right to be wrong. It is Not a Recommendation / Promise.

Shanmuga_Sundaram_R Updated 

It has been forming a Head & Shoulder Pattern for the past many days and finally now in the zone of crossing Neckline at the downside of Right Shoulder. Risk taker could enter now as like me ( today ) at 2610. For other could wait for the Zone of post 2535 for 2230. Note: This is just my analysis + opinion and not a recommendation or promise and I may be wrong...

Shanmuga_Sundaram_R

It gives the Channel Breakout and Make the successful opening closure on Day chart and Nice Closure above the downtrend in Weekly Chart. would be the right pick for this month for the Initial Target of 4200 With STOP LOSS of 3600 Note : This is just an analysis of mine and not a recommendation / promise. I have the right to be wrong.