This is the analysis of KAMDHENU in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your...
Kamdhenu Ltd #Weekly
has given Breakout from Descending Triangle with volume.
CMP: 364.8
Can be added on dips till 310 with Stop loss of 248 on Weekly closing basis
Immediate Resistance is the previous ATH 442
Medium Term Targets as per Fib extension is 620,840++
Earlier it had given Breakout form Cup and Handle after 5 years then retraced back to the earlier...
It seems that the price of KAMDHENU has recently experienced a bullish breakout from a consolidation period. This breakout suggests that the prior uptrend is likely to continue.
A Symmetrical Continuation Triangle pattern has formed , which is a technical chart pattern characterized by converging trendlines. In this pattern, the price forms lower highs and...
Kamdhenu Ltd. Cup & handle breakout happen few week back with highest ever volume. Stock is doing breakout retesting..CMP:151 sl: 120(wcb) Target: 170/200/225
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
NSE:KAMDHENU
Target 1 achieved in KAMDHENU
KAMDHENU is now trading above Resistance1 and showing further strength. Based on this strength, target revised.
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly...
Kamdhenu Ltd is consolidating near its life time high since last 7-8 months. Seems accumulation is going on and stock is getting ready for new highs. Keep on radar.
Kamdhenu looks good above 162 can reach upto 189 in 2 months. Can consider 172 for short term target Fibb shows the trendline.
For education purposes only.
