STILL STUCK IN THE RANGE. NEED TO WAIT FOR THE EITHER SIDE OF THE BREAK.
If it gives the breakout on the upper side on daily candle with volume then we will see upside movement and same for breakdown on the lower side.
In positional trade, there will be easy 5% that one can get from this trade. Keep this on Radar.
But only take the trade once it have a cross...
NSE:KABRAEXTRU
STILL STUCK IN THE RANGE. NEED TO WAIT FOR THE EITHER SIDE OF THE BREAK. If it gives the breakout on the upper side on daily candle with volume then we will see upside movement and same for breakdown on the lower side.
In positional trade, there will be easy 5% that one can get from this trade. Keep this on Radar.
But only take the trade once...
NSE:KABRAEXTRU
Today on daily time frame, it has closed above yesterday's high and also closed above 21DMA.
If it trades above 516 then it will be a good opportunity to buy and we can see good up move in it.
Keep this on radar.
NSE:KABRAEXTRU
Today it has broken the 21DMA and traded below it.
As per my personal view there will be a consolidation between today's high and today's low for few more days. And once it breaks on either side it will give minimum of 5% move.
If it breakout above then make sure that at that time it should cross the 21DMA.
For Safe trade better to enter...
Guessing chart patterns in Higher timeframes & then moving gradually to lower timeframes for Confirmation & Entry points.
Technical Indicators which I am using here is Moving average.
1. First looking at the weekly and daily timeframe, I confirmed that stock is trading above the Moving average. Also, there is an impulsive buying followed by some correction. This...
After last up-move KABRAEXTRU wan in consolidation zone for almost 3 month.
Recently It gives clean BO with very good volume.
At this point almost 20% clean up-move is possible.
Entry can be taken at CMP with SL of 200
For conservative player entry above 240 (need to sustain above this level at-least for an hour.)
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
NSE:KABRAEXTRU
Look at this daily chart of KABRAEXTRU. Whenever it comes near to 21 DMA it takes support and run upward at least 5%. You can keep it on your radar.
I have marked some of the daily movement whenever it reaches near to 21DMA and then shooting up tremendously.
Not much fundamental or technical needed. You can use this benefit until and unless it...
Kabra Extrusion has an operating revenue of Rs. 274.24 Cr. on a trailing 12-month basis. Annual revenue growth of 24% is outstanding, Pre-tax margin of 11% is healthy, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet.
Kabra Extrusiontechnik Ltd is forming a cup and handle on the daily time frame. Today gave a fresh breakout. Can accumulate above 205
Wait for it to close at day high for confirmation.
SL 198.90
Target 270
