This stock is a very crucial point ie. RAS( Resistance acting as support). And in mid term it has formed a Wolfe Wave, the wave counting has been mentioned in the chart. 5th wave may get initiated soon.
The completion of 3rd wave and initiation of 4th wave has been confirmed at 1.618 Retracement level .
However the completion of 4th wave and Initiation of 5th Wave...
Kaveri seeds has recently broken above a resistance at 690 odd which had acted as a strong resistance on a monthly closing basis in the past five years. Any attempt to close above this level was met with heavy selling. The same level has earlier acted as a support which when broken in 2015 started acting as a resistance. A classical Technical Analysis concept with...
Hello Traders, I am back with another Swing trade for this coming week. Smash that LiKe button NoW!
Kaveri Seed : Breakout & Retest Done on weekly Chart.
Looks good from here to reach 10-15% or even more. let see I am already IN.
recommended SL : below low of weekly candle
@Follow us ..Don't miss any new stock idea update. Good Luck :)
In coming weeks
Nifty Small Cap 100 may make new ATH above 9656.
From here a swift Potential Rally of 15% ahead till 10044.
Golden Cross Formation on WCB >> Very Bullish Signal
Watchlist to participate in Rally
Kaveri seeds seem to be turning around as indicated by daily indicators giving a prospective targets of 480. One might take a leap right now with a SL below 365 and targets of 448/467 in the short term. Avoid taking heavy trades. Nibble!