adkis

adkis

Spotify looks like it will breakout of the daily trendline. Earnings in another 30 days approx If it can break and hold 600 level, possible we see 650 test before Earnings Entry for me would be above 600 with 590 stops PS: No position yet

adkis

BAJ Finanace has broken out of the triangle pattern and backtested the same yesterday and held it successfully. As long as the triangle breakout is held, expecting to see 9000, 9100 soon Stoploss <8500 on daily closing basis T1 9000 T2 9100

adkis

APP on the daily has a gap to fill to the downside. Short will be active upon losing 228 level with 235 as SL towards targets of 200 first and then gap fill level around 177 area. Short once 228 is lost. SL 235 Target 1 200 and Target 2 177 (Gap fill completes here)

adkis

ZScaler has broken out of the daily trendline and back-tested the trendline yesterday and held it. Todays price action is also nice watching it holding it above the 205 level As long as it holds 205 level on a daily closing basis, I believe we will see 215/220 prior to Earnings which are due in another 3 weeks. SL - < 205 on DCB basis T1 - 215 T2 - 220

adkis

LOW has broken the prior All time high level (made in Dec 2021). As long as 260 holds, expecting to see 280 to 300 levels in coming days Stop loss - loss of 260 on daily closing basis T1 - 280 T2 - 300 If no current position then either wait for 270 break or wait for a retest of 264 level to see if we hold or not. Alternatively, you can sell 260 puts a month...

adkis

Infosys on the Daily timeframe looks like it wants to fill the gap to the upside. Post ER, INFY gapped down and it is reversing now. With a stop loss of < 1850 on the daily closing basis, expecting targets of 1900. 1950 and 2000 Scaling out as we achieve targets is the best way to secure profits

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