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KAMDHENU

KAMDHENU Analysis & PredictionThis is the analysis of KAMDHENU in Weekly Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About KAMDHENU : Kamdhenu Ltd. manufactures, distributes, and markets steel and paints. It operates through the Steel and Paint segments. The Steel segment is involved in the marketing and manufacturing of TMT Bars, structural steels, and color coated profile sheets. The Paint segment provides emulsions, primers, distempers, enamels, and other products. The company was founded by Satish Kumar Agarwal and Sunil Kumar Agarwal on September 12, 1994 and is headquartered in Gurgaon, India..
NSE:KAMDHENULong
by suraranjanganguli
Symmetrical Continuation Triangle patternIt seems that the price of KAMDHENU has recently experienced a bullish breakout from a consolidation period. This breakout suggests that the prior uptrend is likely to continue. A Symmetrical Continuation Triangle pattern has formed , which is a technical chart pattern characterized by converging trendlines. In this pattern, the price forms lower highs and higher lows, indicating a period of indecision and uncertainty in the market. During this time, the trading volume typically decreases. However, before the triangle pattern reaches its apex (the point where the trendlines converge), the price breaks out above the upper trendline. This breakout above the upper trendline serves as confirmation that the pattern is a continuation of the prior uptrend. Please note that this explanation is based on the assumption and is related to technical analysis in financial markets. It's important to consider other factors and conduct thorough analysis before making any investment decisions. Note for everyone who came across this reference: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:KAMDHENU
by hardeepssethi