Kitex looking good at 118/82 zone
Here bullish shark pattern completed and highest volume support so maybe chances high for reversal.
Plan is half quantity buy at 118
2nd half buy at 100
Stop loss 82
1st Target - 155
2nd Target - 180
Risk around 25%
Target around 50/60%
For long term minimum hold 2/3 years
Before investing check fundamental also here only...
NSE:KITEX
#NSE:KITEX Resistance BO, post sustainability may expect good momentum.
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We are sharing the daily analysis for LEarning !!
Happy LEarning !!
After 12 weeks of consolidation, the stock price is hovering at 277, which is near the breakout zone of 284. The price might swing between 284 and 260, before it makes a breakout above 284.
Upon breakout above 284, we can see levels of 330 and 345.
Always keep a strict stop loss based on your risk appetite.
Note: Not a buy/sell recommendation
