Chart -> KIC Metaliks Weekly
After 3 years, and trying after 3 times finally KIC Metaliks gave a breakout above 68 last week. Volume buildups from last many weeks is also attractive.
CMP: 71.7
Next levels: 87, 105, 127
Stoploss: 50
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your...
BSE:KAJARIR
Time Frame – Monthly
Technical Observations -
1) Rounding bottom & Cup and Handle pattern breakout done on weekly chart
2) Price sustain above weekly 200 SMA
3) If we see on chart that last 2 times (i.e 1 & 2 ) price go upto till 1.414 of fibbo level by forming rounding bottom pattern.
4) If we consider the same fibbo level i.e 1.414 the good...
