skandha1986

skandha1986

VGUARD has given Cup n Handle pattern breakout with strong volumes and good price action. Target: 310, 360+ then 400+ SL: 270 Note: This stock has been consolidating since 5.5 yrs around 250 price. As it is breaking after long time, the movement can be huge and good upside potential in coming weeks. Looks very good for long position.

skandha1986 Updated 

JINDALSTEL has given channel breakout at 566 resistance levels. We can look for 600 and then 610 as immediate targets within a week timeframe. SL: Hrly close below 578 levels. Note: Looks good for medium term as well with trailing SL.

skandha1986

METROPOLIS has formed Inverted Head n Shoulder pattern and given a breakout at 1370 resistance. Usually Inverted HnS patterns are trend reversal patterns, so this seems to be good for long with trail SL. Immediate target: 1540-1550 zone. SL: Daily candle close below 1400 levels.

skandha1986 Updated 

HINDALCO has given triangle pattern breakdown. Target: 398-400 levels in 1-3 sessions. SL: Hrly candle close above 418.

skandha1986 Updated 

Wipro has formed Head and Shoulder pattern and given breakdown at the trendline support around 396 with good volumes. Target: 385-382 levels. SL: Hrly candle close above 398

skandha1986

INDUSINDBK has given Cup n Handle pattern from 1240 resistance levels. It has given good weekly closing above these levels. Target is coming to 1480 and then 1680 levels. SL: Daily candle close below 1240.

skandha1986

SUZLON has given breakout at 12 levels which has been resistance zone for 1.5 years. It has given- good breakout with huge volumes. If the business does well from here on, this can be one of the multibagger stock which has been under-rated for years now. Initial target is 18 then 20, 27, 33. SL: Daily candle close below 12.

skandha1986

TITAN has given Cup n handle pattern breakout at 2780 resistance levels. Target: 3600+ SL: Daily candle close below 2780.

skandha1986

NESTLEIND has given cup n handle pattern breakout at 21000 level. Target: 25800+ SL: Daily candle close below 21600

skandha1986

GLAXO has given double bottom break out on weekly timeframe with divergence and rising volumes. It is a good trend reversal indication. Target is coming to 1900 levels. SL: Daily candle close below 1335 levels. Note: This stock has been in correction since last 7 years. May turn out to be 2x/3x opportunity if gains good upside momentum in coming days. Strictly trail SL.

skandha1986

3MINDIA has been in range since Sep'18- for more than 4 yrs now. On long term horizon, it is in uptrend since few years now. It has taken support at weekly 200 EMA. Recently given trendline breakout. Volumes are picking up in recent time with good price upwards momentum. Fundamentally, recent results have been good, post which we may see some price re-rating in...

skandha1986

SHARDACROP has been in sideways correction since May'22 for 1 year now. It has given range breakout with good volumes. Momentum looks strong, we can expect it to reach it's previous high of 750+ levels soon in 2-4 months timeframe. SL: Daily candle close below 515.

skandha1986

KAJARIACER has given range breakout. Target: 1600+ SL: Daily close below 1160

skandha1986 Updated 

AMBUJACEM is giving good triangle pattern breakout at 400 resistance levels. Target is coming to 475+ SL: Hrly candle close below 395 level.

skandha1986

BANKNIFTY has formed a tringle pattern. A 15 mins candle close above 44030 levels will confirm the breakout on upside. Target is coming to 44630 + in 1-2 days time. SL: 15 mins candle close below 43970 level. Note: Since the trend is on upside, it is high likely to give breakout on upside. On contrary if gives break down then target could be 43050 levels.

skandha1986 Updated 

EXIDEIND has formed a channel pattern and a daily candle close above 185 levels will confirm upside potential. Target is coming to 199-200 levels. SL: Hrly candle close below 182.

skandha1986

LnT has formed triangle pattern. Final leg of triangle is around 2365-2370 levels. Good risk reward from this level, if moves upside. SL: 15 mins candle close below 2360 levels. Target: 2400 then 2460+ Note: Today results may be our during market hrs, so can be volatile, should maintain strict SL in system. or safe to take trade once it moves above 2400 levels.

skandha1986 Updated 

SIEMENS has been a strong stock and has risen more than 3x since May'20. It has formed an Ending diagonal pattern with RSI divergence at the top of the up trend and has given breakdown at 3310 support line. Target is coming to 3120, 2900 then 2700 levels. (timeframe for target is open). SL: Daily candle close above 3310 levels.