ParamjitMahapatro

kitex garments looks bullish in short to medium term

Long
NSE:KITEX   KITEX GARMENTS LTD
in weekly, price is moving sideways, it looks like a symmetrical triangle.

price recently bounced from the trend line support with good volume,

in daily , there is a symmetrical triangle formation and then break out with good volume.
there was a BB squeeze , now price closed above upper BB with good volume and BB is now expanding.


sl - 260, 1st tgt - 310 2nd tgt - 350
Trade closed: stop reached
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