KRBL 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...
KRBL Technical Analysis :-
KRBL has been in up trending channel since last 3 month yesterday it has reached
bottom of the channel, a perfect time to go long and has Potential Profit of 12%
Stock Name - Krbl Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 310
#This is not Buy and Sell recommendation to any one. This is for education purpose...
Big chance for a bullish breakout. Levels mentioned on chart, but above 261. Keep trailing stop loss.
Note: This is not a financial advise, I'm not SEBI registered. This is just for educational purposes and it is my personal view.
