skandha1986

02:32

skandha1986 Updated 

MAHINDCIE is breaking all time resistance of 300-315 zone. Has given weekly close above 320 levels last week. Target 1: 460 levels Target 2: 550-560 levels SL: Daily candle close below 315-300 zone Target timeframe: 6 months to 1 year

skandha1986 Updated 

LINDEINDIA seems to be giving a triangle pattern breakout at 3400 levels. Can look at target of 4600 - 4760 levels. SL: Daily close below 3400 Target Timeframe: 1-3 months

skandha1986 Updated 

SOLARINDS has given cup n handle pattern breakout at 4270 levels with good volume. Target: 4780-4800 levels in 2-4 wks SL: Hrly candle close below 4190

skandha1986 Updated 

MAHINDRACIE has formed Cup n Handle pattern and seems to be giving breakout at resistance level of 350-355. Target is coming to 395-400 levels. SL: Hrly candle close below 345. Note: Very volatile and illiquid stock. This is only positional view for 10-20 days.

skandha1986 Updated 

NMDC has given cup n handle pattern breakout at 127 levels. Target is coming to 140-142 range in coming 2-3 wks time. SL: Hrly close below 125.

skandha1986 Updated 

HINDALCO has formed Cup n Handle pattern with 488-490 being resistance zone. It has to give 2 HR candle close above 490 level to confirm breakout with supporting volume. Target: 545-550 range in 10-20 days SL: Hrly candle close below 481

skandha1986 Updated 

RAIN has given good closing today, above the trendline since Jan'22 (1 year). We can get more confirmation on up trend if it closes above 190 levels (previous swing high). All cement stocks are showing positive momentum. Targets can be previous swing highs of 205 levels and 255 levels. SL: Daily candle close below 175. Looks good for long for 6 mo to 1 yr timeframe.

skandha1986 Updated 

Nifty seems to have given cup n handle pattern breakout at 18030 levels. Target: 18190 in 1-2 days (positional) SL: 15 in candle close below 18000 levels. Note: Also a downward trendline has been broken on upside, showing upside potential move from here onwards.

skandha1986 Updated 

CUB is breaking support trendline. Target 156 - 155.5 in 1-2 days. SL: 15 min candle close above 160

skandha1986 Updated 

TVSMOTOR has formed Head n Shoulder pattern which is a trend reversal pattern. Giving breakdown @ 1000 levels. Target is coming to 840 levels. SL: Daily close above 1020.

skandha1986 Updated 

FEDERALBNK has given range breakdown at 133.5 levels. Target is coming to 125-126 range in 2-5 days SL: Hrly close above 133.5

skandha1986 Updated 

AXISBANK has given Head n Shoulder pattern breakdown. Target is coming to 850 levels in 5-8 days. SL: Hrly close above 910.

skandha1986 Updated 

MPHASIS has provided double bottom breakout with strong volumes. This shows trend reversal pattern, looks good for long term. Immediate target would be 2430-2450 levels. SL: Daily candle close below 2170 levels.

skandha1986 Updated 

ITC has given cup n handle pattern breakout. Target is coming to 395 and then 405 (may come in 1-3 days) SL: 15 mins candle close below 388.

skandha1986 Updated 

JSWSTEEL has given Triangle pattern breakdown. Target is coming to 685-682 levels, may get in 2-4 days. SL: 15 mins candle close above 728 levels.

skandha1986

BOSCHLTD has given a resistance trendline breakout at 17800 zone. 18200 is a small resistance, post which the stock looks very strong for new upside move. SL: Daily candle close below 17600 levels.

skandha1986

LINDEINDIA has given a triangle pattern breakout at 3525 resistance zone. Volume and momentum looks good. Target: 4700+ in 3 to 6 months SL: Daily candle close below 3525 levels.

skandha1986

We can see that VOLTAS has formed an ending diagonal pattern at the bottom and trying to give breakout with good volumes with new higher highs and higher lows. We may see an upside move towards 1000-1050 range in 1-2 months. SL: Daily candle close below 800 levels.