skandha1986

skandha1986 Updated 

WSTCSTPAPR has given triangle pattern breakout at the trendline resistance levels of 532 zone with good volumes. Target: 720+ SL: Daily candle close below 515

skandha1986 Updated 

JAICORPLTD has formed a cup n handle pattern and giving breakout from resistance levels of 215 zone. It is breaking 6 yrs price range and looks strong. Seems to be some turnaround in the counter. Note: It is highly volatile stock. Target: 300+, 375+ SL: Daily candle close below 210.

skandha1986 Updated 

EIMCOELECO has given 15 yrs range breakout from 700 resistance zone. Target: 1150+ SL: Daily candle close below 700. Note: As this stock is breaking 15 yrs range, usually they tend to grow even higher in upcoming days (usually 1x or 2x candidates).

skandha1986 Updated 

NOCIL has formed triangle pattern and has closed near resistance levels of 245. Recent price action and volume looks good. Daily close above 255 will confirm the breakout of triangle and trendline. Target: 370+ SL: Daily close below 235

skandha1986 Updated 

DMART has formed a triangle pattern and has been in broad range consolidation for few months now. It has given good closing today around 3912. This closing looks very good for upside, further daily candle close above 3950 level will confirm the upside momentum and breakout of triangle pattern and the trendline resistance. Targets:4100+, 4600+, 5600+ and 6200+ SL:...

skandha1986 Updated 

SPENCERS has given Inverted Head n Shoulder pattern breakout around 75-76 resistance levels. Price momentum is strong along with good volumes. Looks like trend reversal in the stock after long time. Looks good for long. Target: 100+ and beyond SL: Daily candle close below 75

skandha1986

SRF has formed triangle pattern and the breakout level to confirm upside momentum is 2400. Once we see a daily candle close above 2400 levels, it is good for further upside momentum. Target: 3100+ SL: Daily candle close below 2310

skandha1986 Updated 

RTNINDIA has given trendline breakout with good volume and price action. Post breakout, it has given retracement and then looking to move up again. Good entry zoon around 50-51 levels. Target: 58, 70, 75+ SL: Daily candle close below 46

skandha1986

GEPIL has given trend reversal by breaking out from earlier resistance levels of 190-195 zone. Also this is a inverted head and shoulder pattern breakout which indicates trend reversal. Today's strong price momentum and volumes confirm the strong upside momentum in the stock. Immediate target is coming to 280+. Good for long term in coming months.

02:19

skandha1986 Updated 

SHRIRAMFIN has formed a triangle pattern, given a breakout and is at retracement level, earlier resistance may act as support now. 1300-1330 is a good buy zone. SL: Daily candle close below 1300 levels. Target: 1970 levels in 5 - 10 months timeframe. Note: If it sustains above 1700 levels, it is good to hold for long term with targets of 2300 and then 2800+ levels.

skandha1986 Updated 

BSE has given cup n handle pattern breakout from 930 resistance levels. Target: 1020+ SL: 15 mins candle close below 948

skandha1986 Updated 

NetFlix has given Head and Shoulder pattern break down from 412 support zone. Target: 385, 348 SL: Hrly candle close above 418 Note: Head and shoulder pattern usually indicates trend reversal pattern, so better avoid longs unless it reclaims 445 levels.

skandha1986 Updated 

IRCTC has formed inverted head and shoulder pattern. A daily close above 675 will confirm further upside move. Target: 730+, 770+ SL: Daily close below 640 Note: Railway theme/sector seems to be running good in the market, hence this is a good bottoming out pattern for IRCTC and could give good medium-long term returns and even re-test it's previous ATH of 1200 levels.

skandha1986 Updated 

USD/INR has formed a triangle pattern. (although the last leg of triangle seems incomplete, but it is likely to happen; And we will have to follow what price says on the charts :) ) 82.9 - 83 has been resistance zone for few days now (Hrly candle close above 83 will confirm the upside move). Above 83, the move can be quite fast and target is coming to 85+ (in 1...

skandha1986

CENTRALBK (Central Bank Of India) has given Cup n Handle pattern breakout at earlier 32 strong resistance levels with good volumes and price action. Target: 36.5+ SL: Daily close below 32.

skandha1986

NIFTY is forming a inverted head and shoulder pattern. If sustains above 19550 levels for more than an hr then trend reversal may confirm and target is coming to 19770 levels.

skandha1986 Updated 

RVNL has given cup n handle pattern breakout at 36.5 resistance levels with good volume. Target: 41+, 47+ SL: Daily close below 36.

skandha1986 Updated 

SYNGENE is giving trendline breakout on the upside. Looks to have potential of 20% upside in coming 2-5 months. SL: Daily candle close below 620.