Kiriindus Fundamental -
Company sale & eps growth stable from last 2 quarter,
Also promotors bought, increase stake from 26 to 31% current last quarter
Fii sell from last 2 quarter
Dii bought from last 2 quarter
Stock PE look affordable trading at 12PE
Technically Stock create high tight flag , sustain above ema's,
550 below maybe weakness start.
Causes -
MARKET BREATH IS LOOK OVERBOUGHT, IF ANY CORRECTION SHOW IN INDEX THEN MAYBE STOCK RETEST 574 area .
- ALSO STOCK CURRENTLY TRADING AT NEAR STRONG RESISTANCE ATH,
KIRIINDUS
Breakout in Kiri Industries Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BULLISH IDEA📈 Bullish Pattern Alert! 🐂
📊 Pattern: Ascending Triangle
📌 Symbol/Asset: Kiri Industries
🔍 Description:
Stock with Strong Support for very short term bounce back trade.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
KIRIINDUS - Flag Pattern Breakout SignalThis stock seems to touch its previous 52W high soon, and atleast reach the all time high of 680.
High volumes seen in the counter to support the uptrend.
Supported by Other Technicals:
RSI - 64 (bullish and not overbought)
MACD is above its center and signal Line
ADX - 50 (indicating strong trend)
#MAYURUNIQ CMP 470.45 #Target 569(20%+) $Profit $GLD $MAYURUNIQ#MAYURUNIQ
NSE: MAYURUNIQ
CMP 470.45
Target 20% = 569
SL : 430
Time Frame < 4 months
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#EMAMILTD CMP 525.75 TARGET 668(25%+) $GLD $NIFTY $EMAMILTD $GS#EMAMILTD
NSE: EMAMILTD
CMP 527.75
Target 1: 596 +
Target 2: 668++
SL 495
Time Frame < 7 months
Can hold the stock after booking in parts.
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Swing Trade Idea #206 : Long on KIRIINDUS This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.