Shravster

Shravster

New all time high. On the monthly chart, 4 attempts have been made at the 290-295 levels. On the hourly charts, 3 attempts have been made in the last week. Buy above 295 Target 332 - until upper end of upwards channel SL 278

Shravster

Head and Shoulder Breakout on Weekly Chart Buy above 152 Target 185 Stop Loss : 140

Shravster

Target 193 Stop Loss : 172

Shravster

A triangle pattern can be seen in the formation. Have picked a SL level which has been a resistance for a small channel formed inside the triangle. However, should there be a consolidation before the breakout, I may adjust the SL accordingly. Enter trade only when there is breakout WITH good volumes. Buy above 624 T1 : 645 T2 : 665 SL : 616 Thanks! P.S. The...

Shravster

A triangle pattern can be seen in the formation. Have picked a SL level which has been a resistance for a small channel formed inside the triangle. However, should there be a consolidation before the breakout, I may adjust the SL accordingly. Enter trade only when there is breakout WITH good volumes. Buy above 206 T1 : 226 T2 : 253 T3 : 274 SL :...

Shravster

A triangle pattern can be seen in the formation. Have picked a SL level which has been a resistance for a small channel formed inside the triangle. However, should there be a consolidation before the breakout, I may adjust the SL accordingly. Enter trade only when there is breakout WITH good volumes. Buy above 1167 T1 : 1210 T2 : 1248 SL : 1145.50 Thanks!...

Shravster

A triangle pattern can be seen in the formation. Likely to breakout sometime this week. Have picked a SL level which has been a resistance for the duration of the triangle. However, should there be a consolidation before the breakout, I may adjust the SL accordingly. Enter trade only when there is breakout WITH good volumes. Buy above 509 T1 : 547 T2 : 278 SL...

Shravster

A nice channel can be seen on chart. About 4 attempts at breaking out pre-covid. Price broke down below the channel during covid but has made a good return and is likely test the upper resistance. Since it has moved from the lower trendline to the upper trendline in a steep movement, I expect some consolidation/a retest before a final breakout can be seen. Buy...

Shravster Updated 

A cup and handle pattern has broken past the resistance trend-line. There have been multiple attempts in the past few months to break the trendline. Finally the resistance has been broken with good volume. Moreover, over the last month, all cement stocks have been seen making HTHB. Heidelberg should also be headed in that direction. Buy : above 206 T1 : 230 T2 :...

Shravster Updated 

Pennant pattern can be seen on chart. About 4-5 attempts at breaking out. Last 4 sessions have seen consolidation near the upper trendline. Trade may be entered into when there is a breakout with all volumes. Delivery volumes have consistently been above 40%. Buy above 175 T1 : 203 T2 : 216 SL : 165.50 Thanks! P.S. The rough time stop loss I set on all my...

Shravster Updated 

A clear cup n handle formation can be seen. However, a breakout about 259 is required for confirmation of the breakout. This breakout must be met with good volumes as well. Enter : 259-262 T1 : 306 T2 : 329 SL : 251 Thanks!

Shravster Updated 

Triangle breakout with 3x volumes on breakout day and followed by good volumes as well. Deliverable volumes have been consistently high. The breakout happened a few days earlier, and the price is retesting the breakout level. Risk-reward for T1 is over 2.5 and about 5 for T2. Buy : 265-268 T1 : 295 T2 : 322 Stoploss : 256 Will update this idea as the month...

Shravster

Rectangle consolidation for the last 8 months. Increase in volumes in the last few sessions. Enter long trade if there is a good breakout with volumes. Buy above 186 T1 : 230 SL : 177 Thanks! P.S. The rough time stop loss I set on all my trade is about 20-30% of the time the pattern took to form. Be rest assured regardless of the direction my trading ideas...

Shravster

Rectangle breakout level is at 165, however there is a historic resistance at 169. Wait for breakout with good volumes . Consistent delivery volumes above 40% ever the last 4 weeks. Buy : 169-171 Target : 182 SL : 162.50 Thanks!

Shravster

A cup and handle pattern is in the making. The handle in itself has formed a triangle, the breakout from the triangle pattern could help complete the cup and handle pattern. Expecting the CnH to breakout late this coming week, or even probably next week. Presence of two patters indicates a stronger signal as well. Buy : 121-123 provided there is a breakout with...

Shravster

Breakout from ascending triangle. About 7x volumes on breakout. Stock has had good delivery volumes as well. Enter above 200 T1 : 218.5 T2 : 238 SL : 185 Not a very exciting risk-reward ratio but given the clear breakout with good delivery volumes as well as a moving average golden cross, I believe it is a good trade. Thanks!

Shravster

Rec Ltd. Long Position Idea. Strong resistance zone is being broken with good volumes. Price tested resistance at around 116 multiple times and finally managed to break it with volumes. However, 122 is a historic resistance so buy above 122. Enter above 122 T1 : 132 T2 : 139 SL : 115 Thanks!

Shravster

RBL Bank Long Position Idea. Nice Cup n Handle formation can be seen. Breakout did not see major volumes, so ideal to wait for a high volume day before entering the trade. Enter above 220-221 T1 : 277 T2 : 326 SL : 208 ( Just below 200 DEMA) Thanks!