Breakout in KIRLOSBROS in Daily and Weekly Timeframes. Entry: 366 ( CMP ) Target 1: 428 Target 2: 500 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Good bullish Pennant formation. Pull back from all time high and consolidated in a falling wedge pattern, giving a breakout. Risk reward ratio is very much favorable at 1:4 with the SL-closing below 345 and 1:2 with SL below the support trendline, targeting back to the All time high range of 500 LTP 372. Please see weekly and monthly time frame view in the...
KIRLOSBROS | 12 years range breakout and retest - Investment CMP : 345 Taking as investment pick to hold few years based on this monthly range breakout.
Kirloskar Brother - Makes Bullish Harmonic Cypher Pattern with HH:HL For Educational Purpose Only, Trade At Your Own Risk
According to 1hr chart pattern we can buy @cmp or 465 level fot target 480++
CMP: 450.90, Target: 700 Study: 1. Rounding bottom pattern breakout on weekly chart 2. Good volume accumulation over the weeks
All levels mentioned on Chart.
After breakout with volume the stock has shown an irregular retest and has again continued its rally.
Stock trying to give BO from 175/195 levels with very good volume. Candle is looking very strong with wide range. Good enter on dips. Trying to close above 200 EMA. SL-138
Kirloskar Brothers CMP 144 Crossing 200 EMA on Daily Chart. Target 15% from here
KB is repeating the old story but this time supported by positive divergence on weekly RSI. Trendline breakout will confirm trend change. 145-150 is the near term resistance. Let's see what happens this time
....Levels mentioned in the chart
CAN SEE THE TRGT OF 345, 395 425 WIT THE STOP LOSS 295 CMP 321 BY 3 TO 4 MNTHS