Kabra Extrusion has been in uptrend last 2yrs & witnessed correction in Yr 2023, though overall sentiments are positive. Price has crossed both the trendlines, along with rounding bottom pattern formation and is near the important level, which if crossed, will open opportunities for higher levels.
KABRA EXTRUSIONTEC is currently trading above the zone that previously served as a solid support zone.
On the current timeframe and higher timeframes, the stock is trading above the 50EMA and 200EMA, indicating a positive trend.
We can see that the price has returned to test the head and shoulders pattern's breakout, and we can also see that the selling volume is...
Kabra extrusion stage 1 breakout.
Entry 520-555
Stop loss - Tight traders SL 498
Investors SL 458
Position size - for trader (10% of trading capital)
For investors(5-10% of the capital)
Note : only for an education, trade at your own risk.
Stock Name - Kabra Extrusion Technik Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 500
#This is not Buy and Sell recommendation to any one. This is for...
Stock Name - Kabra Extrusion Technik Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 406.
#This is not Buy and Sell recommendation to any one. This is for...
As the market is not in the mood we'll put tight stop losses, and one can book partial profits at some levels.
Chart -> KABRAEX Daily
The stock has broken a 3-months long range today, near its 200-Days moving average. Volume has also popped out.
CMP: 399
Targets: 440, 485, 527
SL: 366 on a two-day closing basis
Disclaimer: This is for educational purposes...
This is a beautiful setup which seems ready for a take off.
Accumulate before it flies.
Market Cap ₹ 818 Cr.
Dividend Yield 0.98 %
OPM 5Year 10.3 %
OPM 15.3 %
Pledged percentage 0%
Debt to equity 0.13
Promoter holding 59.5 %
NSE:KABRAEXTRU
TODAY, it closed just in the range as well as slightly below 21DMA.
If it trades above 215-216 then it will be buy trade for minimum of 5% upmove with stop loss of 210.
You can also refer my previous ideas about Kabra in below link.
STILL STUCK IN THE RANGE. NEED TO WAIT FOR THE EITHER SIDE OF THE BREAK.
If it gives the breakout on the upper side on daily candle with volume then we will see upside movement and same for breakdown on the lower side.
In positional trade, there will be easy 5% that one can get from this trade. Keep this on Radar.
But only take the trade once it have a cross...
NSE:KABRAEXTRU
STILL STUCK IN THE RANGE. NEED TO WAIT FOR THE EITHER SIDE OF THE BREAK. If it gives the breakout on the upper side on daily candle with volume then we will see upside movement and same for breakdown on the lower side.
In positional trade, there will be easy 5% that one can get from this trade. Keep this on Radar.
But only take the trade once...
NSE:KABRAEXTRU
Today on daily time frame, it has closed above yesterday's high and also closed above 21DMA.
If it trades above 516 then it will be a good opportunity to buy and we can see good up move in it.
Keep this on radar.
NSE: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...
NSE: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...
