ksb pumps looks bullish in medium term to long term

it was range bound and consolidating since 2015, now it has given breakout with good volume in weekly time frame, unless it is a fake breakout it has good upside potential.

with a sl of 650, 1st tgt to expect - 965

Trade active:

here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

Trade active:

price at .5-.618 region, there is a high chance of reversal.

Trade active:

price reversed from .5 - .618 region as expected and moving up.

Comment:

price is moving up as expected, closed at 759.20.

Trade active:

moving up as expected, till now 806.8

Trade active:

till now 883.15, price is trading at all time high, BB is expanding in weekly, and candles are rising upper BB,

Trade active:

moving up as expected , till now 905.35

Comment:

price has come down to retest the channel resistance zone, which ll act as a support zone.

Comment:

cmp - 832.85, price bounced from the support zone,