Hi,
NSE:KIRIINDUS has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss...
📈 Bullish Pattern Alert! 🐂
📊 Pattern: Ascending Triangle
📌 Symbol/Asset: Kiri Industries
🔍 Description:
Stock with Strong Support for very short term bounce back trade.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
The Stock is again forming the base at where it formed past 2 times and bounce well from there, again stock is consolidating at the base zone and now trying to cross the resistance, if stock stays above 340 then in short term we can see targets upto 500, and it seems like now stock will not fall below base level of 250.
KIRI indus CMP 517 is continuously trading in a symettric price pattern close to the breakout price. It is recommended to go long on this scrip.Looking at the company fundaments. They are bullish with calculated intrinsic value of 850
This scrip is expected to give breakout in the coming days as it has formed a beautiful pattern. So traders keep on your radaf to catch the momentum. Thanks to all 🙏🙏🙏
Kiriindustries trading at 504 haws been continiously facing resistance at this price range, but now the euphoric market is supporting this trend finally. There is a golden crossever right when the stock is about to give breakout . This pattern is supported in multiple time frames. Have a look
Stock is looking bullish to a naked eye. kiri industries is into chemicals and dyes. The stock has been facing alot of resistance at 500 price range. While looking at the market, it seems it is about to break that price. Since market is euphoric and bullish, you may see a breakout.
@Charan08
please refer to the chart.
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DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are...
