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...
Based on the weekly chart, KSCL has broken out of a long descending triangle/pennant. A measured move of the flagpole gives a target of 900. Fib 1.618 extension also shows tentative 900-910 on cards.
HH formed in Day time frame. HL should be formed between 502 - 513..
Good buy after retracement.
This is not a recommendation for anyone to take the trade. Just for educational purpose only.
KSCL 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...
Kaveri 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.
