skandha1986

skandha1986

M&MFIN has given Cup n Handle pattern breakout. Target is coming to 300+ (can expect in 3-6 wks) SL : Daily candle close below 242-240 zone.

skandha1986

ZYDUSLIFE has given Cup n handle pattern breakout at 458-460 resistance zone with strong volumes. Target is coming to 520-525 zone in 2-4 wks SL: Daily candle close below 455 levels.

skandha1986

320-325 has been resistance zone for VEDL since May'22. The stock now seems to be breaking out above 325 levels with good volume. If sustains above 325 (2 days closing) above 325 levels, will give good confidence on further up move2. Targets coming to 360+, 390+ in 1-2 months. SL: Daily candle close below 320.

skandha1986 Updated 

MFSL has formed an Inverted Head and Shoulder pattern and given a good breakout at the neck level 725-730. This stock has been in down trend since Jul'2021. This is a trend reversal pattern. Looks good for long term (6 months to 1or 2 years). SL: Daily close below 670. Immediate target can be 825 - 830 then 870 (previous swing high). Note: This is highly volatile...

skandha1986 Updated 

MARICO has formed Descending triangle pattern. Breakout level is 520 (should close one HRly candle above this level). Target : 540+ in 1-2 days SL: Hrly close below 515

skandha1986 Updated 

ASHOKLEY has given Cup n Handle pattern breakout at 150 levels. Immediate target can be 154.5 - 155 levels in 1-2 days.

01:21

skandha1986 Updated 

USHAMART has given triangle pattern breakout at 140 levels. Target: Around 195-200 levels. SL: Daily candle close below 138-135 zone Target timeframe: 1-2 months. Note: It is a volatile and illiquid stock, so can expect some volatile movements either side, one should be patient and cautious with the price movement on either ways. Strict SL / trailing SL recommended.

skandha1986

VGUARD is at the upper range of 5 year consolidation, near 270 levels. A weekly close above 270 levels will give confirmation on new upside journey. Target is coming to 355 and 395 levels. Target timeframe: 3 to 6 months. Note: Since the consolidation is around 5 yrs, we may see a new bull run after breakout at 270 levels with good volumes. Can expect 2x / 3x...

skandha1986 Updated 

UCOBANK has given inverted head and shoulder breakout around 12.5 levels. Entry: on daily candle close above 13 levels. SL: Below 12.3 levels. Target: Around 14.5 Note: PSU Banks are bullish and this is underrated stock, we may see some rerating based on results. Price action seems to be already confirming long. Usually Inverted HnS pattern depicts trend...

skandha1986 Updated 

IRB seems to have given breakout of the 1 year trendline around 250-260 levels with good buying volume. We can look at target of previous swing high of 320 levels.

skandha1986 Updated 

ABB is looking to give good trendline breakout at 3290 levels. It has to give HRLY candle close above 3290-3300 levels. Target: 3630 + levels SL: HRly close below 3240 View: 1-3 wks

skandha1986 Updated 

ACC has given triangle pattern breakout at 2480 levels. SL: Will be invalid if comes back inside triangle and sustains below 2475 levels for more than 10 mins. Target: 2600+ Target timeframe: 1-3 days.

skandha1986

DALBHARAT has given cup n handle pattern breakout at 1800 levels. Target: 2060-2070 levels SL: Daily close below 1790 Target timeframe: 1-2 months

skandha1986

ULTRACEMCO has given a trendline break out along with head and shoulder pattern breakout at 7000 levels. Target is coming to 8700-8750 levels. SL: Daily close below 6900 Target timeframe: 2-4 months

skandha1986

IEX has given inverted head and shoulder pattern breakout at 147 levels. It seems to be good for long from medium to long term prerspective. Initial targets are coming to 164, 174. SL: Daily candle close below 145.

skandha1986 Updated 

Glenmark has formed rounding bottom pattern. Currently trading strongly near resistance zone of 405-410 levels. A daily candle close above 410 levels will confirm upside move. We may look for targets of 455 and then 480 levels. SL: Daily close below 400 View: 1-2 month

skandha1986 Updated 

MPHASIS has given triple bottom breakout at 2110 levels with good volume and momentum. Good for long with SL of daily candle close below 2000. Immediate targets of 2200-2220 levels. Then 2400+

skandha1986 Updated 

SRTRANSFIN has formed a triangle pattern, All legs seems to have completed. If breaks and closes (15 min candle) below 1170 levels (ONLY) then we can look for targets of 1150 and then 1120. SL: 1186 View : 1-3 days