KRIDHAN INFRA-BAT ACTION MAGNET MOVE ON FUNDAMENTALSThe core technical concept that the potential gartley can fail structure and fall into a extension pattern is being developed on the fundamental analysis ....i will mentioned an example of such a failure of structure a little later in this description..
I expect the RSI BAMM trigger to activate at the potential reversal zone of the crab...
It is prudent to understand this is a bearish structure in formation on the back of expectations and discounting...
Perfect bubbles for compounding returns...
updates of kridhan infra used for this analysis can be found in the following links..
Kridhan Infra Limited wins order worth INR 1,340 million in Singapore.
www.bseindia.com
latest investor presentation..
www.bseindia.com
dec investor presentation introducing VNC orderbook and potential
www.bseindia.com
Press Release announcing that Kridhan Infra Limited acquired 41.47% stake in Vijay Nirman Company Private Limited
www.bseindia.com
This idea is in addition to the previous once discussing the possibility of formation of a gartley based on fundamentals
if anyone is interested anout the fundamentals of this company, you can view this thread which we are a part of..
forum.valuepickr.com
Disclaimer...2nd larget holding in my PF..This are completely my personal views
Not an investing/trading recommendation
Example of a BAMM morphing in cryptocurrency...
Kridhaninfra
Triangle play in the Infraunderdog!A possible symmetrical/ descending triangle in formation ..
Breakout excepted on the back of the bullish fundamenetal out look of VNC acquisition being completed and the indian journey to start
The short term take profit is little higher than the highest point of the triangle..
As that is a weekly resistance based on weekly pivot point