Stockupy

KABRAEXTRU | Ascending triangle | 25-30% upside potential

Long
Stockupy Updated   
NSE:KABRAEXTRU   KABRA EXTRUSIONTEC
CMP -229
SL -198
Target -280

- Ascending triangle breakout
- Trendline and 50EMA confluence on D
- Above all EMA's on D and W
- Beautiful price action as price made a pause at resistance before making forward move
- Resistance was broken with great VOL, shows strong conviction of traders at the price point
- Good financial strength, increasing profits, low debt, good dividends
Trade closed: target reached

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