KRBL is one of the leading stocks in basmati rice export(holding company of India gate brand)
Recently, Indian government has put a ban on non-basmati rice exports which has led to increase in price of basmati rice in the world.
However, despite of the positive news for the stock, no major price change was observed in chart.
The stock is available at a PE of 12...
Breakout is done
Can be added 70% now and 30% at retest (black TL)
Keep trailing SL to get benefits.
Expecting good upmove.
For long term management is an issue, hence will trade on what we see on charts.