NSE:KNRCON stock is break the symmetrical triangle pattern.
Buy entry is break and sustain above the 306 level.
Target 1 315 to 320.
Target 2 330 to 345.
Target 3 375 to 385.
Target 4 410 to 435.
stop loss break and close below the price level 250.
The chart is self-explanatory.
upside potential > 15%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
KNRCON Analysis on Daily Timeframe!
Double Bottom Pattern Formation in KNRCON!
Neckline Breakout in KNRCON!
Trend Reversal in KNRCON
KNRCON has made Double Bottom Pattern on a daily timeframe. It has given neckline breakout but experienced high selling pressure around this level. We can observe the retesting is happening now.I...
BUY - KNR CONSTRUCTIONS
CMP - Rs. 253
Target - 1: Rs. 326
Target - 2: Rs. 510
Technicals - 1) Flat Base
2) Stock is in consolidation, has 2 major supports, and is likely to hold the current one, given the supply and demand.
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NR construction can look for to of 400
with sl of 230 below closing on weekly basis
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Disclaimer : only for educational and learning purpose
Date - 21-01-2022 Price - 315.05
KNR Construction is near the support zone and as govt. is likely to focus on the infra sector, this stock can be huge beneficial. KNR Construction main business is building roads and highways which going to be the main focus of govt. in the upcoming budget.
Stock can be good buy for budget play.