UmeshKanna

UmeshKanna Updated 

Expecting Bajaj finance to zoom towards 5 digit figure soon Invested at 2650s

UmeshKanna

Expecting a 10-12% upside in hpcl as per the chart pattern observed here. Expecting it to consolidate inside this pattern for one more round of swing and then might breakout or down have to wait and watch Currently expectation is for 10-12% in this trend

UmeshKanna

Expecting upside in hdfc bank towards 1820 invested at 1500 around may 31st In the long run expecting the stock to break from the sideways channel pattern it has been in for around 3-4 years

UmeshKanna

Expecting gspl to move towards 400 found this to be in a triangle pattern as drawn in the chart. Has taken support

UmeshKanna

As it breaks from the trend and retests the breakdown line expecting a move towards 30,000 unless it doesnt close strongly above the red line

UmeshKanna

Sapphire foods is in ascending triangle formation and aiming for 45% upside towards 2100 in near term might take 8-10 months Personally invested

UmeshKanna

Ascending triangle formation and consolidation of 2 months after breakout testing patience like rock. Expecting move towards 2500 in near term may be in 8-10 months Personally invested

UmeshKanna

Looks after a strong green candle at the friday's close 18th chances are higher towards 309 unless it doesn't break and close below friday's low So the risk looks like friday's low and the upside looks towards 309 so like a 10% upside with 3% downside risk Let's see how this works out to be

UmeshKanna

Looks comcast shares have formed a inclined triangle pattern and poised to hit 48$ in near term as per the pattern

UmeshKanna

Found it to be forming a symmetrical triangle pattern. Hence took a first position in prior swing low around 272.5 and added further more yesterday around 276 with keeping the risk around 267 previous swing low of my entry as stop loss Expecting it to breakout and reach 318 around 15-18% returns

UmeshKanna

Found cub to be retesting 2-3 times the bottom line of channel pattern around 110-120 whenever it consolidates around that price zone it moves 15-20% after that as seen in the chart pattern Now found it to be around the price band of 110-120. Hence taken a position in it around current levels ready to add more if it drop by 5 points. Let's see How it goes

UmeshKanna

As per the chart pattern, Whenever the price has come to the bottom line it has significantly spiked towards upside and made newer highs. This has happened all the 2-3 instance before. So unless the price breaks the bottom line it's a very good region for accumulation. We can clearly see the accumulation happening since last 20 days from march 15th 2023 till...

UmeshKanna

After more than year and a half time spent in inclined upside triangle formation. Looks like it's aimed to go around 1200s considering the time spent consolidating inside a upside inclined triangle unless it closes below 760 on daily basis

UmeshKanna

Looking at the pattern where the buyers and sellers have become aggressive towards each swing low and high. Now a strong green candle has occured at the top line signifying the buyers have engulfed the sellers in that zone. Should be interesting to see upcoming move since tomorrow april 7th is good friday market is closed. Let's see on Monday expecting some good...

UmeshKanna

Planning to deploy some capital towards SPL Industries tomorrow and aiming for a SL around 44 and target around 65 - 70's with cmp of 55

UmeshKanna

20th March 2023 As per the pattern I have plotted in the chart. Highly likely to see SBI cards touching that bottom line around 600-630's Then it might consolidate and take up a good run upside. So planning to take a call depending upon the candle behaviours at the bottom line.

UmeshKanna

Found hdfc life in a parallel channel pattern and its now at a very good zone where the reversal can happen. Have to wait and see it the reversal happens here, Good run upto 1000 can be seen in the coming years in a long run. If it breaks this channel can see next ray of hope around 350's I'm technically long on this for the longer run

UmeshKanna

As we can see a symmetric triangle & a breakout + re test has also happened leading the targets to 180 from the breakout.