ShriramN

ShriramN

Breakout Candle: Daily candle dated 13th August 2021 Breakout Candle Close: 161.90 Anticipated Price Target: 200 Suggested Stop Loss on daily closing basis: 155 (for the first 4 daily candles starting from 12th August 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR...

ShriramN

Breakout Candle: Daily candle dated 13th August 2021 Breakout Candle Close: 807.45 Anticipated Price Target: 900 Suggested Stop Loss on daily closing basis: 790 (for the first 4 daily candles starting from 13th August 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR...

ShriramN

Breakout Candle: Daily candle dated 11th August 2021 Breakout Candle Close: 427.70 Anticipated Price Target: 517 Suggested Stop Loss on daily closing basis: 408 (for the first 4 daily candles starting from 12th August 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR...

ShriramN

Breakout Candle: Daily candle dated 29th July 2021 Breakout Candle Close: 441.55 Anticipated Price Target: 526 Suggested Stop Loss on daily closing basis: 432 (for the first 4 daily candles starting from 30th July 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR Ratio:...

ShriramN

Breakout Candle: Daily candle dated 22nd July 2021 Breakout Candle Close: 1590.20 Anticipated Price Target: 1764 Suggested Stop Loss on daily closing basis: 1573 (for the first 4 daily candles starting from 23rd July 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR...

ShriramN

Breakout Candle: Daily candle dated 5th July 2021 Breakout Candle Close: 2174 Anticipated Price Target: 2536 Suggested Stop Loss on daily closing basis: 2127 (for the first 4 daily candles starting from 6th July 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR Ratio:...

ShriramN

Breakout Candle: Daily candle on 2nd July 2021 Breakout Close: 958.10 Anticipated Price Target: 1278 Suggested Stop Loss on daily closing basis: 924 (for the first 4 daily candles starting from 5th July 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR Ratio:...

ShriramN

Break Out Date: Daily Candle on 2nd July 2021 Break Out Close: 72.50 Anticipated Price Target: 95.75 Suggested Stop Loss on daily closing basis: 68 (for the first 4 daily candles starting from 5th July 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR Ratio: 1:6 NOTE:...

ShriramN

Breakout Date: 30th June 2021 Breakout Candle Close: 259.70 Price Pattern: Up-Flag on a Daily Chart Anticipated Price Target: 302 Suggested Stop Loss: 251 Risk-Reward Ratio: 1:4 NOTE: THIS IDEA IS AN ATTEMPT TO PREDICT THE FUTURE PRICE MOVEMENT. INVESTMENT BASED ON THIS IDEA, IF ANY, SHALL BE SOLELY AT THE RISK OF THE INVESTOR.

ShriramN

Price Pattern - Up Flag on Daily Chart Breakout Candle - 29th June 2021 (Daily Candle) Close on BO Candle - 4,002.95 Anticipated Price Target - 4,887 Suggested Stop Loss - 3,924 Risk-Reward Ratio - 1:11 NOTE: THIS IDEA IS AN ATTEMPT TO PREDICT THE FUTURE PRICE MOVEMENT. INVESTMENT BASED ON THIS IDEA, IF ANY, SHALL BE SOLELY AT THE RISK OF THE INVESTOR.

ShriramN

Pattern Formation - Ascending Triangle Close on the Breakout - 3374 Anticipated Price Target - 3825 Suggested Stop Loss - 3327 Risk Reward Ratio - 1:9 Exit Strategy: Exit if the price closes below the stop loss in the first four daily candles after the breakout candle. Thereafter, exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA...

ShriramN

The daily chart of GMDC was in a consolidation of one month since 12th May 2021. This consolidation was preceded by an impressive rally. Price gave an upward breakout to the consolidation on a daily candle dated 11th June 2021 and closed at Rs.78.25. This breakout is supported by massive increase in volume. Here I anticipate the price target of Rs.103 in a time...

ShriramN

JK Lakshmi Cement is in an uptrend. After the sharp up rally from the level of Rs.397.50 the chart went into the consolidation. The price gave an upward breakout to the consolidation on a daily candle dated 7th June 2021 and closed at Rs.572.25. The breakout has a support from increased volume. I anticipate the price target of Rs.695 . I suggest the stop loss at...

ShriramN

BHEL was in a consolidation for almost one month after an impressive up rally. The price gave an upward breakout to the consolidation on a daily candle on 7th June 2021 and closed at Rs.77. The breakout was supported by increased volume. I anticipate the price target of Rs.106 in 12-16 daily candles. I suggest the stop loss at Rs.74. The expected risk-reward ratio...

ShriramN

Grasim Industries Ltd. was in a consolidation after an amazing rally. The consolidation got a breakout on the daily candle on Friday 4th June 2021 and closed at Rs.1503.25 with volume support. The flat resistance line and rising support line formed the ascending triangle on the chart. I anticipate the price target of Rs.1688 in 14-18 daily candles. I suggest the...

ShriramN

LIC Housing Finance was in a downtrend. The counter tested the bottom level of Rs.185.25 in March 2020. Thereafter the counter experienced the gradual recovery and reached the price level of Rs.487.40 in February 2021. This price level was the major resistance for the counter. This resistance was tested twice in the past in November 2019 and January 2020 and could...

ShriramN

Gokaldas Exports, after an impressive rally, went into the consolidation. The price gave an upward breakout to the consolidation on a daily chart on 3rd June 2021 and closed at Rs.148.65. The breakout is supported by increased volume. I anticipate the price target of Rs.189 and expected time frame for attainment of the price target is 11-15 daily candles. I...

ShriramN

Shakti Pumps India Ltd. had an impressive rally followed by the consolidation. Price gave an upward breakout on a daily candle on 3rd June 2021 and closed at Rs.837. The breakout has a massive volume support. I anticipate the price target of Rs.988 expected to be achieved in 7-10 daily candles. I suggest the stop loss at Rs.787. Expected risk-reward ratio is 1:3....