KRBL Long Idea BUY on dipsKRBL looks forming a reversal pattern near its resistance turned support levels. Stock was in rectangle since Aug 20 and had breakout in sept 22. Same levels of breakout seen approached recently and a reversal from the point suggest rally may be seen. Stop Loss should always be placed below the recent swing low of resistance cum support levels. Primary Target most likely around 60% of rectangle height and final target at 100% of it. Buy on dips in such case is good idea. Keep watch.
