Shankara Building Products is one of the India's leading organized retailer of home improvement and building products in India. The Parent and its subsidiaries (together referred to as “the Group”) caters to a large customer base spread across various enduser segments in urban and semi-urban markets through a retail led, multi-channel sales approach complemented...
Shankara Building Projects Ltd. CMP – 756.60 Market Capitalization Rs 1,834.7Cr Red Flags:🟥 High Valuation (P.E. = 25.8) Declining cash from operations annual Green Flags:🟩 No debt Zero promoter pledge FIIs are increasing stake MFs are increasing stake Improving annual net profit Previous Happy Candles Number – 77/100 New Happy Candles Number – 86/100 X/2...
weekly chart did you undersand level and target any one ping me
Stock coming out of slumber of last 5 years with decent volumes and increased sales growth in last 3 years. Infra and Engg spending Capex will keep the stock busy and running. Weekly Momentum RSI all favourable wrt RR from this point.
Key levels: Support:800 Resistance: 900 990 1050 Writeup: 🚀💰 Multi-Year Stock Breakouts: Unleashing Financial Triumph! 💰🚀 1. Breaking Barriers, Igniting Prosperity: Watch stocks defy gravity as they smash through long-held resistance levels, ushering in a new era of financial success! 2. The Rise of Titans: Witness the rise of breakout stars as they conquer...
Shankara has done strong breakout. Best buy price will be around 770. Add to watchlist.
shankara building wait for retrecement target 790, 810,822, 842 ascending triangle breakout sl @ 708.40
just cleared stage 1 resistance and hovering over now resistance at : 730.8 support at : 718.45 and 699
buy at 790 sl below trndline target 1000/1200/1500 add on dips with supportive trendline
We can see that stock price increased by 50-60% when stock gave a breakout from downward trend line for last 3 times. I am hopeful that history will repeat this time also. Keep this stock in your radar and take positions when breakout comes from the downward trend line, review at 1080, which is the immediate resistance And around 45% up from the breakout level....
Shankara Building Daily timeframe, Bullish Flag break out Possible target 950
Had given trendline breakout . might come to retest it, start accumulating in 550-575 zone for tgt 800/975
They serve home owners, professional customers (such as architects and contractors), and small enterprises, through their retail stores. Additionally, in the semi urban markets, they also cater to specific agricultural requirements of individual customers and small enterprises. Under retail operations, they offer a comprehensive range of products at their stores,...
BUY : SHANKARA BUILDING PRODUCTS CMP : 585.50 SL : 515 TARGET : 680 - 750 Timeframe : 3 month Breakout possibilities + company have very good quarterly result
SHANKARA : Inverted Head and Shoulder Breakout and Retest
On recent break give signal of buying,stock crossed a historical resistance 600 with delivery volumes. It seems some smart money moving in. Longer char seems even more stronger.
stock looks very bullish , has taken support at lower levels and buy for long term
Shankara Building Projects looks intresting for the Short term Rs 580 Acts as a strong support and has a large target of Rs 900