Kewal Kiran Clothing: ₹1700 On break below ₹ 1619,will see ₹890
Kewal Kiran Clothing: ₹1700
A Descending triangles formation in KKCL is a bearish patterns that indicate distribution:
On break below ₹ 1619, will see₹ 1432, ₹ 1210 and a pattern target ₹890 having a confluence withthe 78.6% retrace of the last leg. Stop: ₹1824.
Contrarian view is that descending triangle I a continuation pattern…. Yes, agreed, but the scenario is best suit for a bearish view and the indicators support a bearish sentiment.
A Descending triangles formation in KKCL is a bearish patterns that indicate distribution:
On break below ₹ 1619, will see₹ 1432, ₹ 1210 and a pattern target ₹890 having a confluence withthe 78.6% retrace of the last leg. Stop: ₹1824.
Contrarian view is that descending triangle I a continuation pattern…. Yes, agreed, but the scenario is best suit for a bearish view and the indicators support a bearish sentiment.
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