Trading Idea For Kingfa

7 days ago

📊 Analysis:

KINGFA has shown strong momentum, breaking above key moving averages (EMA 50 and EMA 200).
Increased volume indicates accumulation and a potential breakout continuation.
The bullish candlestick formation supports further upside movement.

📈 Trading Plan:

Entry Point: ₹3,600 (confirm entry above this level with good volumes).
Target 1 (T1): ₹3,800
Target 2 (T2): ₹4,000
Stop Loss (SL): ₹3,450

🛑 Risk-to-Reward Ratio: Approximately 1:2

💡 Note:
This trading idea is for educational purposes. Always conduct your own research (DYOR) and manage risks carefully before taking any trades.