Respecting Rising Channel and 100 EMANSE:KPIL is respecting its Uptrend in Rising Channel and not breaking 100 EMA.
Just an Update no Trade as of Now.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Kalpataru
KPIL - Swing Trade Analysis - 7th April #stocksKPIL (1D TF) - Swing Trade Analysis given on 7th April, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Will look at a partial entry at the break of the Resistance and pyramid into if it moves up quickly
- However, if there is a retracement from the Resistance then I will average into once (if) the lower trendline is respected with a proper pullback
- This will also give for a better RR and a smaller SL
* Disclaimer
KPIL Hourly looking bullishKPIL Hourly looking bullish, it has trendline breakout with 200 ema support on daily candle.
Good to buy at 574 with sl below 566 for target of 601.
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The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
Kalpataru power long swing trade After few days of consolidation Kalpataru power showing signs of revival in daily chart.
Psar indicator formed below the price today and price action with good volume also seen.
Can go long around CMP and on dips till 420
SL is Rs 415
Time frame is 1 week or 5 business days.
Do your own analysis before investing