📊 DETAILS
Sector: Engineering - Industrial Equipments
Mkt Cap: 9,247 cr
Kirloskar Brothers is a part of the Kirloskar Group engaged in the business of engineering and manufacturing of systems for fluid management. The core businesses include large infrastructure projects (Water Supply, Power Plants, and Irrigation), Pumps, Valves, Motors and Hydro turbines....
Kirlosbros forming good round bottom and head and shoulder within it,
consolidation break can be seen on weekly time frame,
we can plan for entry above breakout candle and stoploss should be swing low and targets should be
around 500 levels and further.
-- Educational purpose only.
#KIRLOSBROS trading above Resistance of 1009
Next Resistance is at 1366
Support is at 653
Here are previous charts:
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...
#KIRLOSBROS trading above Resistance of 653
Next Resistance is at 1009
Support is at 356
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Kirloskar Brothers Clean Breakout on chart with volumes. However, the candle is not the best and failure rte is high. Buy only if it sustains above 1030 which will also be the stop loss.
This is the analysis of KIRLOSBROS in the Weekly Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the upcoming resistance level, it is good for the stock.
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...
Stock with a strong financial figures. Impressive results for the quarter. Trading near its 52 week high . Chances of a breakout. Expected to have a movement towards 500 levels .
#KIRLOSBROS showing a text book example of NR7 Breakout with Huge Volumes
>> Good Strength in Stock
>> Good Volume Participation
>> Try to enter at retracement (if any) near safe entry Levels, or else immediately
Happy Trading !!!
Stock Name - Kirloskar Brothers Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 402
#This is not Buy and Sell recommendation to any one. This is for...
Good bullish Pennant formation. Pull back from all time high and consolidated in a falling wedge pattern, giving a breakout.
Risk reward ratio is very much favorable at 1:4 with the SL-closing below 345 and 1:2 with SL below the support trendline, targeting back to the All time high range of 500 LTP 372.
Please see weekly and monthly time frame view in the...
