adkis

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

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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

adkis

CONFIPET breaking out of Monthly Trendline as well as surpassed its previous ATH of 95.4 today. Obviously, the psychological level of 100 would act as a resistance. If it crossed 100lvl and holds on the daily, will enter with a STOP below 99 on daily close. Initial Targets for me would be 110/115 To be clear, No entry as of now for me. I will take a position...

adkis Updated 

Once 175 is cleared and sustains, expecting to see 190 - Target 1 and 200 - Target 2 Idea invalidates if closes below 160 on daily timeframe

adkis Updated 

KPIGREEN testing the Daily trendline. Recently reported profit JUNE quarter results; BEAT both REVENUE/PROFTS estimates. Went long at 855 with a stop loss of 835 on daily candle close basis. Safe players can wait for back test of this Daily trendline and initiate longs if it holds. Personally, I am looking towards 885/900 as long as the trendline is held

adkis Updated 

POLYCAB went sideways for a month after making ATH. Broke out of rectangle with Volume and now did a re-test of the level - held so far. Safe traders can take a position with a SL of < 4920 on daily close basis Risk takers can go with SL of 4850 on daily close basis Potential targets Target 1 - 5100 Target 2 - 5200 Target 3 - 5350

adkis Updated 

Looking at Weekly chart on UNOMINDA, it has broken its previous ATH lvl today. Past 2 days have shown good volumes and this weeks volume clearly shows a pop compared to the earlier ones. Initiated long here with a STOP at 625, expecting 700 soon as long as STOP is not taken out

adkis Updated 

BATAINDIA testing weekly trendline. Had news this morning regarding partnership with ADIDAS and the volumes kept rising. As long as 1730 is held, I expect this to go 1775/1800/1850

adkis Updated 

DIXON - price action makes it look like forming a triangle.. Break to upside, possible targets 4450, 4550 and 4650 Daily closing below 4250 level would invalidate the bullish thesis As long as above 4250, above targets are possible

adkis

ADANIPORTS has broken the weekly trendline and has back tested the same and held so far. I see demand zone(Support levels) between 710 and 690. As long as it holds those levels, see it moving towards the first Supple zone between 760-780. If we breach that area, next targets would be 820/860

adkis Updated 

After testing patience, finally breaking out Expecting 900 as first target and 950 as second. Will scale out half at 900 to secure profits Note: NDR Auto is splitting 2/1 (12 Jul record date) #NDRAuto #NDRAutoComponents