S H Kelkar cmp 300.15 by Monthly Chart view since it listed*S H Kelkar cmp 300.15 by Monthly Chart view since it listed*
- 228 to 236 Support Zone Price Band
- Volumes surge by heavily demand based buying over past 2+ months
- Weekly basis Support at 248 > 190 > 135 with Resistance only at ATH 362.90
- *Bullish Cup and Handle pattern completed with the neckline at the Support zone*
Shkelkarandcom
SWING OPPORTUNITY IN SH KELKAR A Swing trade opportunity is found in SH Kelkar and co. as:
1. Price reversed from lower trend line of parallel channel.
2. Continues hidden bullish divergence is observed between price and RSI. ie, while price making higher lows, RSI makes lower lows.
SL: 161
Target: 198+
Happy trading..!!