KOTHARI PETROCHEM LTD
Long
Updated

KOTHARI PETRO By KRS Charts

262
31st Oct 2024 / 10:13 AM

Why KOTHARIPETRO❓


1. Fundamentally Good Company with Good Durability and at Good Valuations.

2. Technically, All Time Bullish Stock. 📈

3. In August, Broke Resistance and Now again giving opportunity to Buy at same Price while Retesting same Resistance Zone.

4. Though Better Entry would be around 206 to 209 Rs range.

5. Further Bullish sign, Bullish Continues Divergence is visible with MACD, means Sellers are Exhaust and Failed to Make New High. 💪

Target is Marked in Chart SL will be Flexible Either staying above 100 EMA or Staying above Resistance Zone any.
Trade active
W Pattern at Bottom Breaks 📈👍

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