KNR CONSTRUCTIONS - MID TERM Analysis - 2nd June #stocks

KNR CONSTRUCTIONS (1M TF) - MID TERM Trade Analysis given on 2nd June, 2024

Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Monthly Resistance Breakout - Done ✓
- Monthly Volume Buildup - Done ✓
- Demand Zone Retest & Consolidation - In Progress

Please Note:
- Entry has to be at the Demand Zone at around 300 (which is also our previous target level which we achieved)
- Next support is at 285
- Ensure to position size correctly

* Disclaimer

Trade active:

KNR CONSTRUCTIONS Update (as on 13th June, 2024)

✓ 25% Up in 8 Trading Sessions

- The stock gave a clear entry at the Demand Zone marked out
- And sometimes luck also does favour a probability based selection for a trade to give such quick returns
- Now just trailing the SL to see how far the trade runs

And like I keep saying:
"Let Your Winners Grow... and Let Your Losers Go !!"

* Disclaimer