kaspypran

Breakout : Pattern Repeating itself

Long
NSE:KNRCON   KNR CONSTRUCTIONS
The stock has consolidated for close to 3 years (since 2021) and a above 340 can be a confirmed breakout. In 2020 it gave a breakout from 175 and rose 165 points during 6 months( almost doubled). Prior to this stock had consolidated for a period of 3 years.

Volume breakout is another indicator.

So there is a similarity in the period of consolidation and the pattern.

Target 500
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