Is KPI Green's Flag Unlocking the Potential for a Remarkable 82%NSE:KPIGREEN
📈 Unleashing Potential: KPI Green's Technical Breakout Opportunity 🚀
The breakout of KPI Green, from a flag pattern is supported by trading volumes. There is evidence of institutional accumulation on specific dates; May 16th & 17th June 12th & 14th and June 20th to July 11th.
The rounding bottom pattern that is forming adds to the outlook. There might be a resistance zone around 980. As long as support remains above 885 the flag patterns strength will continue.
If KPI Green consolidates around the 980 level there could be a breakout that presents a trading opportunity.
In addition to indicators it's worth noting that KPI Green has fundamentals. For those interested, in ratios and data further information can be found in the comments section.
(Disclaimer: Information provided for educational purposes only. Not financial advice. Trading involves risk. Consult a professional before making decisions.)
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MMTC's Rounding Bottom BreakoutHere's an exciting trade prospect in MMTC. A clear rounding bottom formation is evident on daily and weekly charts. The recent surge above the robust resistance at 42.05, coupled with substantial volumes, marks a notable breakthrough.
Anticipate a possible retest after breakouts, keeping a close watch on closing prices. The setup remains valid as long as MMTC stays above 43, a key level indicating pattern strength.
This is a medium-term trade with targets set around prior resistance levels and the rounding bottom's projected completion near 65.
Remember, this information is for educational purposes and not financial advice. Manage your trades wisely and consider setting appropriate stop-loss levels to manage risk.
KRBL, WEEKLYIn KRBL, we can clearly see a formation of the cup and handle patterns on weekly charts. It has been trading below 300 for more than one year. It has finally given closing above 300 on a weekly basis. One can add positions from a range of 300 -325, we can see 400 & 560 levels on KRBL in 2-3 months time. Keep stop loss below 225 on weekly basis.
Keep following the idea, for further updates.
AEGIS LOGISTICS MAY GIVE RETURNS UPTO 50%Aegis logistics stock price has been falling since July month. But it has now neared a point where a possible reversal may be seen.
The RSI on weekly basis is indicating the stock as undervalued and more importantly, this is nearing the XABCD bullish crab pattern's terminal bar price.
in the past, we have seen a very good reversal from the terminal bar price of the crab pattern in Amazon and Tata Motors' stocks.
Hopefully, with a small risk, we can achieve returns closer to 50%.
Check the similar setup in Amazon and Tata Motors for an idea.
Happy trading :)
This is just for educational purposes.
IDFC Bank going to Rocket ?IDFC Bank has given Breakout. Right now at key Level. Monthly Close above 51.75 would mean Stock will start its Bull run.
Position Trade Buy above 52.6 for Immediate Target 56
56 Important fib level. However if stock gives monthly Breakout then 56 will also break with ease.
Book 50% Position at Target and Hold rest till month end to see if we get Breakout. If breakout happens then Hold and Accumulate in Panic, stock will start it Bull Run. Cheers!!!