KITEX Forming HH - HL Looking good for a swing trade with a good RR Ratio.
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Swing Trade-Kitex Garments Triangle Breakout Daily Time Frame -Expect a 5-7 % Return on This Stock .only Education Purpose .
After 12 weeks of consolidation, the stock price is hovering at 277, which is near the breakout zone of 284. The price might swing between 284 and 260, before it makes a breakout above 284. Upon breakout above 284, we can see levels of 330 and 345. Always keep a strict stop loss based on your risk appetite. Note: Not a buy/sell recommendation
KITEX GARMENTS BUY SETUP good fundamentals with green volumes
Channel breakout in Kitex Garments Limited with very high volume.
KITEX Buy-Above 190 Sl-150 T- 225 275 315 This is swing position for mid term short term trader can eat in pieces.
The supply seems to have been absorbed. The big players look interested too. Riding the trend.
After an impulsive rise followed by a long term correction stock has give a breakout of the long term downtrend line & is trading in an impulse channel. The current wave can be a 3rd wave. As of now one should buy the stock with SL of 149 for tgt of 329/380 zone.
KITEX Bullish Trend Alert impoertant level consolidation breakout
* Multiple chart pattern breakout at a time is powerful compare to single chart pattern breakout . * #kitexgarment breakout with extremely high volume .
One can look fresh in range 105-110.. for upside 130 levels.. with stop loss 100.. strong resistance at 116..
Buy KITEX between 108 and 93 T1: 165 T2: 198 T3: 230 SL: 68 PS: This trade is only for aggressive traders who can trade in tiny quantity. Conservative traders can ignore this trade.
Hourly chart observation of NSE:KITEX showing a few blocks of upside...Go for an initial target of 445 and then 450 resp. Target 1 :445-446 Target 2: 450 Regards Bibin