skandha1986

skandha1986 Updated 

MRF has given triangle pattern breakout, target of 91000+ in 1 to 3 days. SL: 85000 below

skandha1986

UNITED SPIRITS (MCDOWELL) has given trendline break out on the upside. Target is 1000+ SL: 800 below daily candle close

skandha1986

UPL has formed triangle pattern and is ready to give breakout / breakdown. It would be buy above 763. It would be sell below 740.

skandha1986

MRF has formed a triangle pattern is high likely to give breakout / breakdown. It would be buy above 86000 level. It would be sell below 84000 level.

skandha1986

INDIAMART is giving inverted head and shoulder breakout at 4600 levels with good volumes. Initial target of 5000 then 5450+ View: within a month Note: As inverted HnS is a trend reversal pattern this is good for long term too.

skandha1986

NHPC has given cup n handle breakout at 36.4 levels with good volumes. Upside target is coming to 43.5+ SL: Daily candle close below 36 level. View: 1-2 months

skandha1986 Updated 

AXISBANK is showing cup n handle breakout at 740 levels. Looking for target of 770+ levels

skandha1986

GRANULES has given brkout on daily timeframe: Reasons for Long: Double bottom brkout given at 282 levels. Today trendline brkout has been given. Previous swing high of 325 is taken out with volume. As per wave analysis, first wave is completed n 2nd wave ABC is also done, now 3rd wave has started. SL: Dly candle close below 300. Target : 430+ Timeframe: 1-3 months

skandha1986

MAXHEALTH has given triangle pattern breakout with good volumes. Entry level: 390-400 Target: 420+, 450+, 500+ SL: Dly candle close below 380. View: 3 to 6 months

skandha1986 Updated 

AUBANK has formed inverse head and shoulder patter and given good closing above 600 level. A move above 610 can take it further higher. Initial target would be 650+ and then 720+

skandha1986 Updated 

JSWSTEEL has formed triangle pattern on bigger (HRly) timeframe and has given head and shoulder breakdown at 580 levels, good short opportunity, 545 below is initial tagrget, looks like big fall is coming in metals

skandha1986 Updated 

SCHAEFFLER INDIA has given triangle pattern breakout, 12% upside may be seen with positional target of 2900+

skandha1986

ZYDUSLIFE has given breakout above 380 resistance level. (looks like a head and shoulder break out too). Target: 430+ SL: daily close below 370

skandha1986

MGL has given double bottom breakout at 845 levels with RSI divergence. Target: 1000+ SL: 825 View: Positional (around 1-2 months)

skandha1986 Updated 

Nifty is showing cup and handle pattern breakout at 17470 level. Target: 17700+ SL: 15 mins candle close below 17470 View: 1 - 3 days

skandha1986 Updated 

BANKNIFTY seems to have given cup and handle pattern breakout at 38150 level. Target: 38800+ SL: 15 mins candle close below 38000 level View: 1-3 days

skandha1986

HINDUNILVR has formed a triangle pattern and looks good for next fast/big move if breaks on either side. It is high likely to break on up side as the previous trend is up side. It has to give a 15 min candle close above 2660 level to confirm breakout. Target: 2760+ SL: 2628 View: 1-2 days (10th/11th Aug)

skandha1986 Updated 

INDIAMART is forming inverse Head and shoulder pattern. It has to give a HRly candle close above 4300 levels to show strength. Initial target can be 4800+ levels.