Kalpataru power now known as Kalpataru Projects International Limited (KPIL) has given weekly breakout of inverted head and shoulder pattern. A similar pattern is seen in SBILife whose idea was shared earlier
This is a strong signal of big uptrend in the stock from the technical analysis perspective. Energy sector is looking bullish to support the uptrend.
One should have strict SL of below 600 weekly closing basis for targets of 1000+ as a positional trade.
Idea shared only for educational purposes.
This is a strong signal of big uptrend in the stock from the technical analysis perspective. Energy sector is looking bullish to support the uptrend.
One should have strict SL of below 600 weekly closing basis for targets of 1000+ as a positional trade.
Idea shared only for educational purposes.
Trade active:
700+ after a beautiful jump from support.
1150 from 680 in 6 months