skandha1986

skandha1986

CIPLA has formed cup and handle pattern and giving breakout from 1275 resistance levels. SL: Hrly candle close below 1265. Target: 1390+

skandha1986

VSTIND has been in a price range for nearly around 6 years. Today has given breakout from 3900 resistance levels. Good breakout with volumes and upper circuit indicating good momentum for upside in coming days. SL: Daily candle close below 3900. Target: 4900, 6900, 7900

skandha1986

GLAXO has given 8 years range breakout from 1920 resistance levels. SL Daily candle close below 1910. Target: 2550+ Note: As the stock is giving 8 years range breakout, usually this is a good sign for fresh longs and can see 50% to 200% rise in coming weeks / months.

skandha1986

PARADEEP has formed cup and handle pattern and giving breakout from 75 resistance levels. SL: Hrly candle close below 73. Target: 90, 98

skandha1986

JTEKTINDIA has formed cup and handle pattern and giving breakout from 170 resistance levels. SL: Hrly candle close below 165. Target: 200, 230

skandha1986

SBIN has given cup n handle pattern break out 620 resistance levels. Target: 730+ SL: Hourly candle close below 620 Note: Cup n Handle is a upward trend continuation pattern. This is good sign as it confirms the upwards journey for stock. Good for long term with trailing SL.

skandha1986

TFCILTD has given cup n handle pattern break out from 117-119 resistance levels. Target: 140+ SL: Hourly candle close below 117

skandha1986 Updated 

Nifty Auto sector has been in up trend for few months now. We can see a head and shoulder pattern in making on the Nifty Auto Index which is trend reversal pattern. Looks like it is time to be cautious on Auto stocks. Levels: 17650 crucial support for Auto Index. An hourly close below this level can be considered to be breakdown. One can look for long only if...

skandha1986 Updated 

JSWENERGY has given trendline breakout at 315 resistance levels with good volumes. We can see good momentum in coming days. Target: 360+, 400+, 470+ SL: Daily close below 315

skandha1986

RCF has given 16 years range breakout above 150 levels. Usually, such long consolidation breakouts are can turn out to be multi baggers (See recent moves in PFC, REC), at least 2x to 4x. Target: 270+ and beyond on trailing basis.

skandha1986

EQUITASBNK has given cup n handle pattern break out from 101 resistance levels. Target: 120+ SL: Hourly candle close below 101.5

skandha1986 Updated 

UnionBank has give cup n handle pattern breakout from previous resistance levels of 114. Target: 135-137 SL: Hrly close below 114 Note: CnH is a upside trend continuation pattern. Hence it is indication on upward trend continuation and good for long on trailing basis.

skandha1986 Updated 

SHREECEM has give cup n handle pattern breakout from previous resistance levels of 27000. Target: 30500 - 30800 SL: Daily candle close below 26950 Note: CnH is a upside trend continuation pattern. Hence it is indication on upward trend continuation and good for long on trailing basis.

skandha1986

BANKINDIA has given cup n handle pattern break out from 114 resistance levels. Target: 150+ SL: Daily candle close below 114.

skandha1986

DCBBANK has formed a triangle pattern and has given breakout from trendline around 127-128 zone. Target: 165+ SL: Daily candle close below 125.

skandha1986

FLUOROCHEM has formed a triangle pattern and is about to give breakout on the upside. A daily candle close above 2960-2970 zone will confirm breakout. Target: 4450+ SL: Daily candle close below 2900.

skandha1986 Updated 

HUDCO has given Cup n Handle pattern breakout from earlier resistance levels of 58. Price has given breakout, re-tested the 58 levels and is on the rise again now for new highs. Target: 75+, 85+ SL: Daily close below 61.5

skandha1986 Updated 

MAHABANK has given Cup n Handle pattern breakout from resistance levels of 32.5 – 35 zone. Price has given breakout with good volumes. Target: 48+ SL: Daily close below 35.9