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kathanthakkar403
Mar 19, 2022 2:20 PM

Kirloskar Ferrous looks good for medium term Long

KIRLOSKAR FERROUS IND LTDNSE

Description

CHART -> Kirloskar Ferrous WEEKLY SETUP

As seen per the chart, there are few things to note:

1. When the stock was in upmove, we have seen good volumes but in downmove volumes were very low.
2. A descending triangle a breakout is seem to be forming with good volumes.
3. MACD is about to have a bullish crossover.

Looks good for medium term.

Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
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