KAYA LTD formed Symmetrical Triangle pattern on Monthly chart.
Formed symmetrical triangle and given breakout with very huge volume and retest done.
What will happen next quarter ? will it go sideways or downtrend will start ?
Formed symmetrical triangle and given breakout with very huge volume and retest done.
- RSI is looking good and taking support
- ROCE going minus every year since last 5-7 years :(
- poor sales growth since last 5 years :(
- FII's and DII's has increased their holding little bit since last 2 quarter.
What will happen next quarter ? will it go sideways or downtrend will start ?
- Resistance1 : 505-511
- Resistance 2 : 590-600
- No Entry, No Targets until positive results or news coming :)
Order cancelled
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.