daerontrading

The bull is on fire

Long
NSE:KHADIM   KHADIM INDIA LTD
It just broke 208; a level of importance. This level has been a long term support and when it broke down, the stock went bearish . Now, things have changed and it broke this level with volume . It may retest the support or test the channel top but due to last two candles having massive volume , things are very bullish given the MACD . Risk is moderate as the RSI is going towards oversold area else it would have been minimal risk.

Targets: 281, 310, 428
SL 224
Risk-o-meter: Moderate

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