21dma
KABRA EXTRUSION | SIMPLE TRADE SETUP FOR POSITIONAL TRADENSE:KABRAEXTRU
Today it has broken the 21DMA and traded below it.
As per my personal view there will be a consolidation between today's high and today's low for few more days. And once it breaks on either side it will give minimum of 5% move.
If it breakout above then make sure that at that time it should cross the 21DMA.
For Safe trade better to enter once the Daily candle break on either side.
Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.
This stock is getting supper support from 21 DMANSE:KABRAEXTRU
Look at this daily chart of KABRAEXTRU. Whenever it comes near to 21 DMA it takes support and run upward at least 5%. You can keep it on your radar.
I have marked some of the daily movement whenever it reaches near to 21DMA and then shooting up tremendously.
Not much fundamental or technical needed. You can use this benefit until and unless it is following this trend.