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mightymunna
Nov 17, 2022 2:06 PM

KESORAM INDUSTRIES?? Long

KESORAM INDUSTRIESNSE

Description

more than 3 rejections on the downward trendline
probably breakout if nifty supports
Comments
mightymunna
waiting for candle to close above the downward trendline
seriousCoconut68309
what next? not moving from almost a year
mightymunna
@seriousCoconut68309, if a candle closes above that downward trendline, we can expect an upside (at least 20-30%), but till now a candle has not closed above the trendline.
since its downward trending for more than a year and if it breaks then there is a high chance for a quick up move at least till rs-75.
as of yesterday it looks like it took a small support. but we can only confirm if candle close above rs-58.
u can add it in ur watchlist
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