rvc8280

KIRLOSENG - Possible BO

Long
NSE:KIRLOSENG   KIRLOSKAR OIL ENGI
KIRLOSENG - today 9.72% up with good volumes.
Today(12-Oct) volume is the highest in the past month.
ADX : 4.9 - DI+ 30.5*
On Daily and Weekly time frames, SMA 15> SMA 30 & SMA 25 > SMA50
Close is above SMA D-20, SMA W-20, SMA M-20
M/W/D RSI>60 - Daily RSI crossed - 5 days Back

2022-10-11:
ADX is increasing - 33.4 - DI+ is 28.0*
Close is crossing 4 week High
Price is Out of Squeeze
Close is above 20 SMA on Daily/Weekly/Monthly time frames.

Above 297 - we can see further upside. Add to watchlist.


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