Kaveri Seed Company Ltd is showing a trendline breakout with good volume. Fundamental is very nice. you can see this on below link. Low PE , good DII and FII holding, less public holding is also very good. Piotroski Score is 8 and Altman Z Score is 4.98 this shows the fundamental comfort for this stock. rest is in the link..
( www.screener.in )
Detailed View about this Breakout:
No.of Resistance: 4
No.of Support: 4
Consolidation Days: 350+ Days
What do you think?
1. It is Good Breakout after 350+ days
2. Trap on buying High
3. No idea about it
Share your view in comment section...
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock...
50 Day EMA- 525
200 Week EMA- 538
Buy at CMP- 540
Target- 570, 591, 609
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Disclaimer: Please take trades according to your risk appetite & analysis. This chart is by no means intended to be a recommendation.
a) Rounding consolidation since 2018.
b) Important zone of 680-700 broken in May 2021.
c) Last week a strong bullish candle printed respecting the previous resistance zone now as support
Buying at CMP, for targets of 940, 1016. SL 646
Today I'll discuss company stock i.e. KSCL
2. Today Date is 02-09-2021 and I am writing this blog after trading hours in evening.
3. Currently stock is trading at 588.55.
4. I am using daily candle chart for technical analysis.
5. As per my technical analysis this stock is technical target is 588.55 to 780, which is approximately 32% gain. if we buy...