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mgvirus1
Jun 30, 2021 7:00 AM

ROUNDING BOTTOM IN KHADIM -- BUY Long

KHADIM INDIA LTDNSE

Description

RONDING BOTTOM FORMED IN KHADIM WITH CONSOLIDATION FOR 2 YEARS AFTER BIG DOWNFALL.
ALSO BULLISH WEDGE BREAKOUT IS SEEN
CAN BUY WITH SL 250 ON WEEKLY CLOSING BASIS WITH RISK REWARD RATIO 1:7

EVENIF ONE ENTERS AT AROUND 330 THEN RR WILL BE 1:2.7

Comment

MOVING IN CONSOLIDATION PHASE

Comment

HOLD
Comments
Gagan225
Now what's the status for Khadim....when to long again...like is it retesting the support??
mgvirus1
@Gagan225,

Can buy now at around 304-305.

Retest level would be around 275-280 levels.

Target seems to be very high so need not to worry about 4-5/% downfall.

Just the thing we need is patience.
Either we exit at SL on weekly closing basis or we should hold it till 515 which is expected to reach in 1-2 years.
So buy and hold with patience
Gagan225
@mgvirus1, ok thanks:-)
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