manmohansolanki

Kabra Extrusiontec / Low Risk / R:R 1:5

Long
NSE:KABRAEXTRU   KABRA EXTRUSIONTEC
Kabra Extrusiontechnik Ltd is forming a cup and handle on the daily time frame. Today gave a fresh breakout. Can accumulate above 205
Wait for it to close at day high for confirmation.

SL 198.90
Target 270

Comments

Thanks for contribution.
200 coins
+5 Reply
manmohansolanki AbhishekHSinghCMT
@AbhishekHSinghCMT, Thank You So Much, Sir 😇🙏
+4 Reply
Good work bro... how do u filter these kind of stock ?.. BTW this was in my watchlist.. i had posted about kabra few days ago, do see the weekly setup on my page.
+27 Reply
Can you please explain what you are showing with RSI ? With that pointing hand?
+5 Reply
@phobia666, If you look closely at rsi, the price has not even broken out of its resistance but the rsi has already broken, it shows the strength.
Reply
subhodeepster phobia666
@phobia666, point where it broke out adn then retested eh same level and bounced thereby confirming the break out ...imho
Reply
Interesting Trade setup, best use of indicators with price action.
+2 Reply
manmohansolanki jatinwadhwa15
@jatinwadhwa15, Thank you
Reply