KAVERI SEED CO. LTD.
Long
Updated

KSCL : 2015 Potential Breakout

653
2015 : Potential breakout
Crossed with huge volumes but close below 1075.50 today
RSI is greater than 70 on weekly/monthly time frame
Promotor / FII / DII - Increased stake
With Piotroski score 8, its a "zero" debt company

Daily chart Snapshot:

Three things to observe

1. Good Consolidation
2. Huge Volume
3. RSI trend line broken

Sequential Targets : 1175 / 1250 / 1330 / 1450 / 1675

SL : 950 (will trail with Targets)
Trade active
Trade active
Booked Partial : As first Target acheived..
Balance carry forward

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.