Get started
Kunal-Battu

BEARISHNESS in KAVERI SEED

Short
KAVERI SEED COMPAN (NSE:KSCL)  
Kunal-Battu Updated   
NSE:KSCL   KAVERI SEED COMPAN
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks weeklychart head_and_shoulder breakdown kaveriseeds
0
0
trendanalysis chartpattern indicator indianmarket indianstocks weeklychart head_and_shoulder breakdown kaveriseeds
KSCL

The prices have given breakdown from the Head and Shoulder pattern in weekly timeframe. The stock is underperforming the NIFTY from 2Y which shows weakness and bearishness. The MACD indicator is bearish. The RSI is under 50 which shows weakness. The SL is around 520 levels and the target is around 340 levels. This view is for 1 to 6 months.

Disclaimer : This is my own view and analysis. This for educational purposes. This is not a recommendation, call or a tip.
Comment:
Trail SL to 505 levels.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.