adkis

adkis

DLF on a Daily timeframe seems to be forming a Inverse Head and Shoulders Pattern. Bullish on DLF as long as 880 is held(Stop loss) on a Daily closing basis. On the upside, I see potential targets of 940, 965 and 1000 levels. If we can break 1000 and sustain, we can expect to see it test the Prior All Time High levels of 1050 (made back in year 2008). CMP...

adkis Updated 

META reports Earnings on 01-Feb-2024. I expect META to test its prior All Time High level of 384.33 (made back in September 2021). CMP is 368.37 (day close price - 01/17/2024) Daily chart shows a nice hammer formation. If market were to support, we should see a nice move on this SL would be < 350 on Daily Close basis

adkis

VENUSPIPES has broken the Daily trendline and today it back tested/bounced nicely. As long as 1400 holds, expect to see below targets T1 - 1470 T2 - 1500 Will revisit levels as time progresses. Stop Loss (SL) < 1400 on Daily Closing Basis (DCB)

adkis Updated 

Granules looks good as long as it does hold 320 level on DAILY closing basis. On the upside, expect it to see 345 and 352-355 where we see that it would test the Trendline. SL - losing 320 on daily closing basis Target 1 - 345 Target 2 - 352/55

adkis

TITAN looks to be Bull Flagging on the Daily time frame. Possible we see targets T1 - 3300 T2 - 3350 T3 - 3400 ER Today so if playing options, be cautious.

adkis Updated 

IIFLSEC breaking out of Weekly/Monthly trendline Immediate target would be 85, followed by 92 and 100

adkis

ATUL Auto on the daily is forming a symmetrical triangle pattern. My view is that if we were to break upsdie, immediate target would be 635 and second target would be 675. One can go long with a Stop Loss below 590 on the DCB.

adkis Updated 

ASIANPAINT on Daily timeframe looks to be breaking down of the bear flag formation. As we can see from the chart, we broke down of the bear flag but today (so far) it seems to have held 3150 level. If the bear flag were to play out, then we should see it losing 3150. Ideally, 3300 level would have been best to short but since I missed to notice the chart, I...

adkis Updated 

COSTCO daily seems to be forming Inverse Head and Shoulder Pattern. I think we either base at 555 or 550 at the minimum to complete the right shoulder and head towards 570. Costco reports Earnings on 26th September. Inverse H&S valid as long as we hold 550 on the daily. If we lose 550, cut the trade and will re-enter again if it goes above 550.

adkis Updated 

AU BANK after range trading between 530-690 for nearly two years, finally broke out of the rectangle box. Back tested and held 730 level so far. This is again bull flagging - price moving in a box 730-795. Anyone not in this already, can wait for it either back test 730 and if held, go long or wait for 795 break to go long. Break above 795 will give us 850 as...

adkis Updated 

ICICIPRULI seems to be forming a falling wedge pattern on the weekly timeframe. Can go long with a Stop Loss of below 520 on DAILY closing basis for targets Target 1 - 600 Target 2 - 650 Target 3 - All Time high level Best entry would be a level close to 540/535. I would start a position at these levels and more if I can get 535 levels. Stop Loss as...

adkis

TSLA had a good close today above 275 which it was fighting past few days. If TSLA were to break out(upside) of this Pennant, expecting to see 280 where we would see some resistance. If crossed 280 with volumes then that possibility carry towards 290 levels. In short, 275 hold is crucial for any upside movement.

adkis Updated 

DREDGECORP had a nice breakout today with huge volume thus breaking a Weekly/Monthly trendline. If the trend were to continue tomorrow, we should see 525/550 on this. 550-580 is a Supply Zone, so I expect some stop over or pullback. Above this area would be 600/650 targets On the downside, I see the first support level @ 575. We do have a demand zone below...

adkis Updated 

ITI breaking out of Monthly Trendline with Volume puts immediate target of 150 and above that we have All time high of 164.90

adkis Updated 

GATI has some good volumes past few days and the stock is now testing MONTHLY trendline. Good to have this on watchlist and see its reaction. I will personally go long in case it breaks 161 and hold towards below targets Target 1 - 170 Target 2 - 180 #GATI

adkis Updated 

ABB testing the bottom channel trend. Good Risk reward here to go long for potential targets 4370/4450/4550 Daily closing below 4250 invalidates this idea

adkis

IGSEC looks good for resistance rest of 825/835 If this can hold above 835, then we get to see ATH test

adkis Updated 

PERSISTENT looks good for an immediate target of 5100. Above that we can get 5150 and 5250 A daily close below 5015 invalidates the above thesis