-multiyear breakout with very high volume zone -rsi also ready for breakout showing strength -trading above crucial level, sma & ema -adx is rising showing strength in upside momentum -keep in radar above resistance zone it can give good return
-KIOCL trading in very strong area can add for short term, -high volume with strong momentum and rise in rsi shows strength -trading above all major ema currently can give decent return
last time Kiocl moved from 250 to 500 and now its ready to move from 500 to 1000. Volumes are popping and good weekly close. i will not be surprised if it goes to 1000 due to free float in market.
The stock is breaking from upper bollinger band in monthly and in daily also stock gave a wonderful closing. weekly if sustained above 260, we can see it going to 400 soon....
The Cup and Handle breakout is a notable pattern that has caught my attention on the weekly time frame. The observed pattern has captured my attention owing to its capacity to generate substantial price fluctuations within the market. The Cup and Handle breakout pattern holds significant recognition among traders and investors as a prominent technical analysis...
1. Price bounced 18%+ from support 2. Downword channel - High probability it may give breakout on up side 3. Main trend is bullish 4. Buy on dip with proper risk would be a good idea 5. ATH can be seen
Action started on this stock. Volume buying started. 30 degree angle break out. Price on re-test, BUY @ cmp for long
Buying KIOCL in DAILY positional trade Good structure making HH-HL.
KIOCL is trying to breakout of the 2.5 years huge cup. Hitting 20% circuit today it broke out but it is important to sustain the breakout keep going higher. Volume and RSI are high.
Stock has given strong BO on daily and monthly chart with massive volume, follow chart for proper support and resistance levels.
After strong down trend and multiyear consolidations finally price out from downtrend .
WTF was in DT, Formed a Base DTF formed a C&H Pattern Consolidation near RT Volume dry up before BO, BO with volume 52 WH RS Line EMA rule in play
Consolidation Break out Gap up and sustained price abv all MA's. Gap up and sustained means the trend has changed Buy on re-test, after RSI is cooled off. Good for long.
The stock has given a BO after 700days and also make huge gap with high volume. Buy above 240 level - carry on closing basis. Initial Targets would be 266 and 2nd target 300 guys please follow me on tradingview i post daily breakout charts & price actions THANK YOU happy trading
Breakout possibilities high. Weekly closing basis only call initiate. weekly closing above 235 and Next week confirmation very important. Next target 325
BUY - KIOCL LTD CMP - Rs. 191 Target - 1: Rs. 285 Target - 2: Rs. 365 . . Technicals - Bullish Flag Pattern . NOTE: Target - 1 will be achieved within 1 year, while Target - 2 will be achieved within 2.5 years. . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!