skandha1986

skandha1986 Updated 

BERGER PAINT is giving triangle pattern breakout at 595-600 levels. A daily candle close above this level is very positive for good and fast up move for a target of 620+ and then 650+

skandha1986 Updated 

Positional view: KOTAKBANK is about to give 9 month old trendline breakout at 1855-1860 levels. Looks good for long with target of 2200+

skandha1986

KOTAKBANK is giving cup n handle breakout at 1850 levels. Target is coming to 1960+

skandha1986

HAVELLS has give breakout of 10 months old trendline. Looking strong for long, for a min target of 1460+

skandha1986 Updated 

BALKRISIND is breaking 9 month old trendline at 2340-2350 levels. Good for long for targets of 2520, 2710 and new ATH as well!

skandha1986

ICICIPRULI has given 10 months old trendline breakout. Looking good for long, target of 710+

skandha1986

Position: Go Long Pattern: Inverse head and shoulder pattern formation Level: Breakout given at 155 levels Target: 200-205 levels Also good for investment as Inverse HnS is trend reversal pattern.

skandha1986

Position: Go Long Pattern: Inverse head and shoulder pattern formation Level: Post HRly candle close above 2350 Target: 2550 levels Also good for investment as Inverse HnS is trend reversal pattern.

skandha1986

INFY has given inverse head and shoulder pattern breakout at 1530-1540 levels. Can look at initial target of 1680+ levels. Usually this pattern is formed at the bottom on downtrend which depicts trend reversal, so it is good to buy INFY for investment as well for ~6 months horizon with recent high of 1900 as initial targets.

skandha1986

COALINDIA is giving cup n handle breakout at 210 levels. Daily/Weekly closing above 210 level will be very positive and we can target for 250, 270+ levels in coming weeks.

skandha1986

CONCOR has given trendline breakout, can look at target of 740 and then 850 levels.

skandha1986 Updated 

BATAINDIA has given good breakout of treadline. A daily candle closing above 1905 level will give good confirmation on upward new trend. Good for long above 1905 levels for target of new ATH or 2240+ levels.

skandha1986

AMBUJA has given trendline breakout at 375 levels but it has to give a daily candle closing above 380 levels to confirm the new up move. We can look for targets of 388+, 400+, 440+ levels.

skandha1986

IRCTC has given Inverse Head and Shoulder pattern breakout at 620 levels. Looks good for investment. We can look for initial target of 665+ levels, then 700 and then 830+ levels.

skandha1986 Updated 

Rain has given cup n handle breakout, we can expect a target of 171-171.5 levels

skandha1986

DLF has given upside breakout of 9 month old trendline. Looks like it is heading to previous high of 440 levels. Initial target can be 400 then 440+

skandha1986

BANK NIFTY has broken the 8 month old trendline on the upside with gap, which is a strong sign of upside movement. Broadly Banking stocks look very bullish and the same is visible on Bank Nifty charts. Looks good for fresh long. Note: In short term, this looks over bought so may trade sideways for some sessions or minor correction may be seen too.

skandha1986 Updated 

M&MFIN has given cup n handle breakout at 208 levels. We can expect a target of 213 and then 220+ levels (positional view)