Kewal Kiran clothing Ltd (kkcl)Known for brands like - killer, integrity, lawmanpg3, looking great in chart, at near its bottom of channel, on monthly abt to get crossover of ema20/50/100, last time ema 20/50 crossover happend around 50 rs( jun2010), and gave exit around 315(oct2018) ,nrsi 60 up on d/w/m chart, anytime it comes to 260-240 would be the level to enter for long term, 460 level to observe as all time high, having no resistance upside is great for any stock. Fundamentals looks good too, fII increased its stake in recent quarter, promoters are constant.
KKCL
KKCL Looks GoodChart -> KKCL Weekly
As we can see, though indexes have corrected hugely, this is one of the few strong stocks which has held on to its' essential supports.
This week it has given a big breakout as it gave a weekly close above 290.
CMP(add 30% quantity): 302
Range to add: 260 to 290
Targets: 395, 455
SL: Weekly below 242
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.