Clean Break out with good volumeAfter last up-move KABRAEXTRU wan in consolidation zone for almost 3 month.
Recently It gives clean BO with very good volume.
At this point almost 20% clean up-move is possible.
Entry can be taken at CMP with SL of 200
For conservative player entry above 240 (need to sustain above this level at-least for an hour.)
KABRAEXTRU
FY21-22 Swing Trade Idea #132: Long on KABRAEXTRUThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
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.