adkis

adkis

SHARDA CROPCHEM LTD on the Daily basis is forming a triangle. Looking at the volume past few weeks, it looks like break out is inevitable to me. Plan: With a Stop loss of below 780 on Daily closing basis, expecting targets 870, 900 and 950. Will revisit once those targets are hit.

adkis

HCLTECH is flagging on the Daily/Weekly timeframe Tried breaking out of the range today but got stuffed back below the upper trendline. No position for me as of now as I am waiting for a break above the upper trendline to go long or break below the lower trendline to short. IT ER season starts today with TCS being the first company among the IT pack to report...

adkis

Mphasis on the weekly timeframe is testing a trendline which if broken and hold can see 3300/3400 I am waiting for a close above 3160 on a daily closing basis to go long. Holding 3160 on DCB gives us the confirmation bias to go long towards 3300 and 3400 targets then All Time high test. No longs for me below 3160.

adkis Updated 

TataMotors on the weekly has symmetrical triangle pattern If this were to breakout, Targets would be Target 1 - 1060 Target 2 - 1100 Stop loss would be loss of 1000 on daily closing basis

adkis

CVNA on the daily timeframe has an Head & Shoulder pattern, which is usually a bear pattern. If this were to play out, then expecting to see it test 100 level. Also, Daily chart has a Gap to be filled on the downside until level 92-91 area. Earnings in this week so expecting some moves. PS: I have no position as on today but willing to lotto some on the put...

adkis

NYSE:A (Agilent Technologies) on the daily timeframe seems to have formed Inverse Head and Shoulders Pattern. Expecting it to move upwards where we have a gap to fill on the Daily chart. Potential targets I am expecting 140 and 145 Stop loss for me would be loss of 128 on Daily closing basis PS: Something to note of, NYSE:A reports Earnings on 22nd Aug as per TV

adkis Updated 

Expecting DMART to going towards 5900 in the next few months as long as 5800 holds on Daily closing basis. Below are some near term targets that are possible imo within next 2-3months T1 - 5200 T2 - 5300 and T3 - 5500 Stop loss will be losing 4800 on Daily closing basis PS: While the above is my personal opinion, do your own research in case playing with...

adkis Updated 

On a daily time frame as well as on the weekly time frame, COIN is breaking out of the symmetrical triangle pattern. Earlier, COIN tried to break the upper trend line multiple times but couldn't close above the trendline on a daily closing basis. On last Friday (07/19/2024), COIN closed above the trendline confirming the break out. Plan for me: I would be...

adkis Updated 

JUBLINGREA on the weekly timeframe has broken out of the triangle pattern last week and this week so far we have back-tested the upper trendline of the triangle and held it successfully. As long as we hold 540 level, we could see the stock moving towards 700 Below are the levels to note imo CMP - 586 Expected upside move T1 - 615 T2 - 645 T3 - 670 T4 -...

adkis

Boeing on the Daily timeframe seems to forming a classic bear flag pattern. I am not short yet on BA for below reasons: 1. From the Daily chart, BA has formed Hammer at the bottom trendline - which may indicate a price move to the upside 2. There is another trendline(blue) - watching to see its reaction there 3. Need a clear confirmation on the breakdown...

adkis Updated 

With all the AI noise going around and Semiconductor stocks rallying, it would be interested to see what AMD does here from now until the ER which is nearly a month away from today I see a Symmetrical triangle formation on the Daily chart for AMD. On the upside, we have supple zone from 165-171/2 levels where we would see some resistance. On the downside, we...

adkis Updated 

MTARTECH has two gaps(to the upside) on the daily chart. First gap fills around 2030-35 area which is currently being filled slowly. Entry from here(CMP 1930) would still get 100 points when the gap fills. We have another gap on the same daily chart that goes from 2360-2535 but this would take time to fill. Currently I am long towards the 1st gap fill area of 2030

adkis

QCOM broke out of the prior All time high and retested, bounced/held the same Prior All Time High made in Jan 2022 - 193.58 Broke out of that level last month (i.e. May 2024) and traded above the prior ATH level so far (made a new high of 230.63 on 18June2024) Traced back to its prior ATH level of and bounced from it in the past two days. Now as long as the...

adkis

Apollo Tyres forming a Triangle pattern on the daily time frame CMP 490 Expecting targets Target 1 - 500 Target 2 - 515 Target 3 - 530 Target 4 - 550 Stop loss < 470 on daily closing basis

adkis

RKFORGE on the daily chart is breaking out from its prior all time high level and with good volume too. As long as we hold 800 on a daily close basis, expecting below targets T1 - 900 T2 - 950 T3 - 1000 within the next 6 months SL < 800 CMP 842

adkis

DELL chart on the daily looks good to me. Chart wise, expecting to see 150 soon where we may consolidate for sometime and slowly moving towards filling the entire gap area above, hence went with a longer duration contract in October which also covers DELL's next ER Took position this morning on the options

adkis

NFLX flagging on the daily time frame. if the flag were to break on the upside then expecting targets T1 - 665 T2 - 675 and T3 - 690 with a top loss of 630 on the daily CMP = 653.26 as of close on 13th May 2024 ER as per trading view on 17th July 2024

adkis

JIOFIN has a pole and Bull flag on the daily time frame. Expecting initial target of 400, followed by 410 with a Stop loss of < 345 on daily close basis CMP = 360 Target 1 = 400 Target 2 = 410 Stop loss < 345 on DCB