#KSL trading above Resistance of 702 Next Resistance is at 1079 Support is at 469
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Excellent analysis, hats off! What would be the new chart structure, pls guide, sir.
MandeepSinghKohli
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@auro.saha86, Thank you for your kind words. Weekly close above resistance 4 is need for next up move. As stock hit resistance 4 and gave close below it so we can't update chart for next resistance and support. Thanks.
auro.saha86
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@MandeepSinghKohli Sir, It means we should book some profits in this stock?