Kanchi Karpooram has been in the down trend for quite some time and post which it went in the Accumulation phase for almost more than an year now. Recent move shows it might break on the up to give some good positive numbers. Recently it has been attracted by huge volume and it seems it is moving out of the Accumulation zone so need to watch it for the breakout...
Kanchi Karpooram near 200 MA. If it crosses with good volume can see good upmove on chart. Had been moving south for long time frame. If moves up can look for 520-617-666-724 levels and more if market sustains. No recommendation, just my personal view based on charts.
Kanchi karpooram long Seeing an upmove after long lown move. Currently at strong support level per chart pattern. Need to break resistance zone marked in chart. No recommendations, just view.
Great Setup. Good Consolidation. Positive Rsi Divergence. Most IMP-Low SL.