We are again looking at an inverted Head and shoulders pattern. We have large candles indicating good volume. Wait for breakout and enter
Educational purpose only - trade at your own risk.
Chart is self explanatory. Entry, Targets and Stop Loss 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 financial advisor before taking any trade.
Upside Target: 247.9. 322.55, 371.35
Support Level: 201
Can buy on dips. Good for long term investment. Chances for 3x returns.
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Live Challenging Market Analysis Buy KRBL @ 184.30
Target @ 293.95
Entry 2 @ 107.75
Target Buy 1 & 2 @ 293.95
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KRBL daily chart shows the flat bottom channel.
This stock is fundamentally very strong and one can initiate a buy entry in deep with the given target and SL.
This entire analysis is for educational purposes. Please let me know. your view...
After the big correction, there is now renewed interest in the counter. The stock has been climbing and after correcting from a trendline resistance, the stock has broken out above the trendline again. Volumes have also been very high. There is a Cup and Handle formation. All indications now that the positive trend will continue. Go long..Price levels...