KAVERI SEED COMPANY 1000 ABOVE?+Stock is forming corrective abc pattern then it long period consolidation we can see all time high breakout in this share as per candle behaviour. I have market all wave pattern in this share you can ask me any question in comment section
First target is 957
second target is 1176
Third target is 1293
Thanks
Kscl_long
KSCL - Breakout after 350+ daysDetailed 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 analysis.
KAVERI SEEDS COMPANY LTD (KSCL) SHARE ANALYSIS 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 at current price at hold upto our target price, then we can earn 32% gain.
6. How much time it takes to reach target, according to my analysis, it takes maximum 4-5 months
7. Company is debt free.
IMPORTANT RULES
8. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading.
9. We never sell stock in loss.
10. We are investing in equity share.
KSCL Long, 200 EMA SupportKSCL is taking 200 EMA support on daily time frame. If rebounced it's next target would be as marked near 6% upside for timeframe of 5-10 days. If it continues with good volume it can cross it's next marked target which is 16% from current levels with a time frame of 15-20 days and then depending on volumes. Also there are rumours that company is going to announce buyback, if that's true it's definitely gonna rise, although this is just a rumour. Nonetheless, technicals indicate a good setup.
Kaveri Seed close to completion of fourth Elliot WaveKaveri Seeds recently finished its third wave which was 261.8% of the first wave. The fourth wave has nearly retraced 38.2% of that move. A 61.8% of the third wave could take it up to 750 by November -December 2020. Set stop loss at 553 which was a previous support region.