rvmohankumar

KABRA EXTRUSION Long opportunity

Long
NSE:KABRAEXTRU   KABRA EXTRUSIONTEC
Trading possibilities for Coming week.

This stock have shown good strength and has closed high. It still has bullish Momentum and can go further up. You can trade this for intraday and also for few days in the coming week.

Look for Buying at the levels marked in green and whenever you see a Bullish candle pattern forming. The targets and stop loss are subsequent levels up and down.
Other important levels are as marked in the setup.
You can download the Indicator to get the accurate levels premarket itself and see how the stock trades respecting those levels.

Happy and safe Trading

Comments

TARGET? FROM NOW?
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rvmohankumar stocktrackwithAmit
@stocktrackwithAmit, The possible targets for swing trading are 187, 205 and 225. This stock is in an Uptrend since Apr 2020 and made a historic high surpassing earlier swing high.
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@rvmohankumar, do you think should I hold my buy price 100
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rvmohankumar stocktrackwithAmit
@stocktrackwithAmit, As per the levels that I have mentioned above in the chart, If it moves up without any reversals, you can place a trailing stop loss order at 187 and 195. If you see any reversal signs there, you can partially book your position of 50% or 75% and wait for it to come down to its major support marked at 172. There if it finds support and moves up you can hold positions and if it reverses and falls down you can book complete position.
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