KIRLFERBuy @ cmp 254_242 | WCBSL 230 | Tgt 311 / 360 / 410 / 460 / 500+
or
Safe buy on WCB above 277 | WCBSL 263 | Tgt same as above
KIRLFER trade ideas
watch for flag breakoutbuy above 255 for swing trade
for swing keep Stoploss below 230
target 270,300++
can trail at 250 once it reaches 270 or book partially and trail stoploss at 250.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
KIRLOSKAR FERROUS INDUSTRIES LTD TARGET 315KIRLFER weekly breakout and closed above the trend line. If it opens and close above 248, and sustain above 256 it will reach 315
Expecting a Bullish Momentum in KIRLFERAs per the 2 Hour Chart of KIRLFER, we have witnessed a formation of a bullish engulfing pattern on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 216.20, 221.95, and 227.90. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 205, on closing basis.
Closing Price (as on 19.05.22) : 210
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
Buy Today, Sell Tomorrow: KIRLFERDON'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 calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in KIRLFER
Buy Today, Sell Tomorrow: KIRLFER
kirloskar ferrous Kirloskar ferrous. Good fundamental company.. CMP:243 sl:200. Target: open
Note: educational post
Kirloskar Ferrous looks good for medium termCHART -> Kirloskar Ferrous WEEKLY SETUP
As seen per the chart, there are few things to note:
1. When the stock was in upmove, we have seen good volumes but in downmove volumes were very low.
2. A descending triangle a breakout is seem to be forming with good volumes.
3. MACD is about to have a bullish crossover.
Looks good for medium term.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Falling Wedge Breakout with VolumeThe stock is fundamentally strong and given a breakout with volume and trading above all moving average.
15 min time frame
Thanks
Double bottom and breakout with high volume #kirloskar ferrousNice double bottom and trendline breakout with high volume formation on the daily chart.
Can create a long position within buying zone of 218-223, with SL - 198 (on day close)
Disclaimer - Do your own study before, putting money at risk. For educational purposes only.
Textbook Wedge reversal pattern formation with risk rewardConsidering Volume, 200DMA , Wedge reversal and uptrend in longer timeframe .
For more confirmation wait for reversal or I will add few quantity and wait for reversal for few more quantity to add
FOLLOW FOR MORE UPDATES, THIS WILL MOTIVATE ME ;)b]
EDUCATION PURPOSE ONLY
Trendline breakout👍This guy give a breakout 6 months consolidation.now ready for rally....!
Wait for day close.😎
Falling wedge pattern near breakout Falling wedge pattern. Good volumes in last few days. Can give good break out of pattern. Levels mentioned in chart. Follow strict risk management.
KIRLOSKAR FERROUS INDUSTRIES LTD bullish . Target 269KIRLOSKAR FERROUS IND LTD under bullish. Target 269.
kirlfer inverted head and sholder kirloskar ferrus making inverted head and sholder pattern in daily time frame. buying levels below 214 to 190. wait for buying levels .
hold long stay long. keep buy on dip strategy.
KIRLFER Returning from Support Buy on DipDip Levels: 125- 130
Target 1 :265
Target 2 :290
Target 3 :330(Long-term)
Note: This is for educational purpose only
KIRLFERDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
looking bullishafter long consolidation at support finally price breaked out of the range
looking good for a quick short move to 300 and more
KIRLOSKAR FERROUS - 3 TO 6 MONTHS Bought the stock today at 304 ..
sl is 260..
The company posted Excellent Results in last 3-4 quarters..
June 2021 results were amazing.. the stock had retest its breakout levels and ready for next move !!!
