ParamjitMahapatro
Long

ksb pumps looks bullish in medium term to long term

NSE:KSBPUMPS   None
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
Aug 07
Trade active: here we can see that in daily, recent up move has 5 fractals, now correction is going on, max retracement is .618 .

Aug 25
Trade active: price at .5-.618 region, there is a high chance of reversal.
Sep 02
Trade active: price reversed from .5 - .618 region as expected and moving up.
Sep 11
Comment: price is moving up as expected, closed at 759.20.
Oct 28
Trade active: moving up as expected, till now 806.8
Dec 09
Trade active: till now 883.15, price is trading at all time high, BB is expanding in weekly, and candles are rising upper BB,
Dec 30
Trade active: moving up as expected , till now 905.35
Apr 04
Comment: price has come down to retest the channel resistance zone, which ll act as a support zone.
May 12
Comment: cmp - 832.85, price bounced from the support zone,

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