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srikartiram
Mar 11, 2021 5:34 PM

KIRIINDUS | Double bottom / W structure - 30% Long

KIRI INDUSTRIES LTDNSE

Description

KIRIINDUS | Double bottom / W structure - 30%

CMP : 464 (Dip 450, 440)
SL : 400
Target : 615

Normally i dont time the market, but this setup looks we can expect result in 5-8 weeks

Almost 1:4 risk reward setup

Trade closed: target reached

Comments
ankitwarade023
your ideas are amazing
why you don't post intraday ideas
srikartiram
@ankitwarade023, Thank you for your appreciation. I believe in higher time frames where i can see important supply and demand zones. Daily - Weekly time frames are my favorites ! They don't work for intraday. Its just my way of trading :)
Future_Trading
good 👍👍
kumprad1
There is regular selling(who is selling?) at every point and volume is generally very low.
Sometimes looks that there may be something wrong with the company so perhaps informed
are selling without any reason or they are offering a good opportunity to grab at very low price.
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