capsule91

waiting for a dramatic change of character

BSE:KIRLPNU   KIRLOSKAR PNEUMATIC CO.LTD
Concerns are
spring failure and bearish monthly macd

A change of character which will convert the current resistances[BB median line , kumo cloud, preliminary supply level]
into support, and will leave the support of the trading range , which presently the price action seems married too...
Also consistent rally on volume with good demand bars, will be the qualitatily appearance of change of character, signifying, buying by the composite group..
here is the monthly picture...
Disclaimer.. not an investing/trading recommendation
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