KREBSBIOKREBSBIO:- The stock has been falling for 2 years, a triangle pattern has been formed, if we get an upside breakout then we may see good movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
KREBSBIO
#KREBSBIO KREBSBIO #NIFTY BANKNIFTY #NSE #BSE #HDFCBANK #SBIN Krebs Biochemicals And Industries Ltd.
NSE:KREBSBIO
NSE:KREBSBIO
CMP: 175.40
Target: 250+
Time frame: < 6months
SL: 148
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia