KRBL - Bullish Breakout Long

KRBL LTDNSE

Description

⋅ Nov 26, 2020 8:53 AM

Stock is in uptrend in Monthly& Weekly Charts. Daily charts indicating a consolidation forming Symmetric Triangle pattern. Today price action indicating bullish breakout of pattern with big volume. Ideal candidate for short term gains. Levels mentioned on the chart

Trade closed: target reached

⋅ Dec 3, 2020 7:49 AM

Price made a high of 293. Closed 50% position.

Trend Analysis Chart Patterns

Comments

gopinathk

⋅ Dec 5, 2020 2:15 AM

@PrasannaVasu don't u think, it will retest 300/- in very short term??

PrasannaVasu

⋅ Dec 5, 2020 4:22 AM

@gopinathk, yes. My expectation price may travel upto 330. Pattern target suggest 330. Pattern breakout @ 230. Pattern height 100. Target ~ 230 + 100.

gopinathk

⋅ Dec 5, 2020 2:09 PM

@PrasannaVasu, thanks bro for sharing ur opinion. CARE has upgraded it's rating to A+ from negative watch.