Intraday Trade: watch for resistance breakoutbuy above 420 in Intraday
keep stoploss below 414
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
KSL
KSLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
KSL:Technical Rating: 95%; Fundamental Rating: 90%; Overall 92.5Bullish: KSL:
Market Cap
₹ 1,031 Cr.
Stock P/E
9.43
Book Value
₹ 233
Dividend Yield
2.12 %
ROCE
18.6 %
ROE
14.6 %
Face Value
₹ 5.00
EPS
₹ 25.0
Industry PE
13.7
Debt to equity
0.05
Pledged percentage
0.00 %
Promoter holding
64.7 % (Constant)
PEG Ratio
0.92
Technically : Symmetrical Triangle Pattern on Daily Chart.
Breakout above 259.05
Target : 280, 333, 469+
SL: 190
Risk is yours and Reward is too yours totally.
Kalyani Steel: Looks Set For a RallyPrice has been through a corrective phase. A move past 353.5 would trigger a bullish sequence of higher highs & higher lows. This breakout would also trigger a buy signal in Point-And-Figure chart.
Am expecting a quick spike to 400+ in this one, if 353.5 is taken out.







