Kabra Extrusion Technik Ltd Breakout.
Breakout Alert: The stock has successfully broken out of a consolidation zone with strong bullish momentum.
Trend: It is in a clear uptrend, trading above both the 50 DMA and 200 DMA, indicating sustained strength.
Volume: The breakout is backed by significant volume, adding confidence to the move.
CMP565
Key Levels to Watch:T1 (Target 1): ₹596
T2 / ATH (All-Time High): ₹642
Stop Loss (SL): ₹491 (on a closing basis)
Watch if the stock is breaking ATH with good volume and wide range candle for fresh entry or adding to existing positions.
Risk Management: Consider the broader market trend while positioning. Use proper position sizing to manage risk.
Disclaimer: This analysis is for informational purposes only. Please do your own research before making any trades.
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