KANSAI NEROLAC Trending in the channel and a break above the right trend line might give it a push upwards. its a Wait and watch until then
KANSAINER trade ideas
NerolacNerolac - ReTracement level near 462-460. If reveral sign live Doji or higher volume appears then can be a good buy for short terms.
watch for Trendline breakoutbuy on breakout of red trendline around 450 in intraday or swing
blue tl will work as resistance and our target if crosses than more fireworks.
KANSAINER Nerolac Long Kansainer Nerolac trading on its support level
Strategy: Long, Target: 497.10, SL: 425.25, RR ratio: 1.88
For education purpose, not a recomendation to buy
KANSAI NEROLAC SHORT TERM LONG GUYS A MASSIVE U PATTERN SEEN IN KANSAI NEROLAC ,WE CAN TAKE A SHORT TERM LONG POSITION
BUY ABOVE 363
STOP LOSS BELOW 350
TARGET 1 375
TARGET 2 400
KANSAI NEROLAC SHORTNSE:KANSAINER
Only for education and information purpose. Should not be taken as a trading call
A short be there around D Point.
Lets C how the market reacts.
CHART BY HARMONIC LEARNING AND EARNING
Next , UpNerolac has been consolidating for quite some time and now it looks like its done. There is also a 60 min corrective pattern that is probably finished itself and this could mean that the next move is Up. I could either buy at the current levels or let it pull back and then enter. Allowing a pullback offers a better risk/ reward. Targets are the lifetime highs and probably beyond.
Buy Kansai Nerolac Short term target - 490NSE:KANSAINER
A significant downtrend has respected the support level of 420-424.
With the formation of a hammer candle at a high volume, it is confirmed that there will be a reversal in the trend.
However, after the formation of 2 bullish candles the uptrend is confirmed.
The RSI has also formed support and is now about to break its downward trend line
Target will be the next resistance level of 490 .
Kansai Nerolac - Investment View.On Weekly Time Fram At Demand Zone.
At Support Zone.
Above Fibonacci.
Accumulate On Parts In Demand Zone.
Other Details Mentioned In Chart.
Investment View For Educational Purpose Only.
Fundamentally View :
As Per Internet Data Promotors stake has been increased.
Company Is Almost Debtfree.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
